3 ms·
Even more interestingly, Anthropic isn't traditionally structured: it's a Long-Term Benefit Trust [1]. That's not say shares can't be sold, but, rather, shareho
by kvathupo 3y ago
Even more interestingly, Anthropic isn't traditionally structured: it's a Long-Term Benefit Trust [1]. That's not say shares can't be sold, but, rather, shareholders have very little governance rights. Debatable whether this is good, e.g. Meta's success being tied to Zuck's large holdings. On the other hand, you have WeWork.
[1] - https://www.vox.com/future-perfect/23794855/anthropic-ai-openai-claude-2 https://www.vox.com/future-perfect/23794855/anthropic-ai-ope...