4 ms·
> At that point you are beholden to your shareholders No not really, you can issue two types of shares, the company founders can control a type of shares which
by sumedh 6mo ago
> At that point you are beholden to your shareholders
No not really, you can issue two types of shares, the company founders can control a type of shares which has more voting power while other shareholders can get a different type of shares with less voting power.
Facebook, Google has something similar.
- what 6mo agoNo, they still have to act in the interest of shareholders even if they have no voting power.
- wsun19 6mo agoAs a PBC, the intent of the company is not only profit, but it's hard to analyze the counterfactuals of if Anthropic were a pure for-profit or a non-profit
- hiroboto 6mo agothats the benefit of a pbc
- sumedh 6mo agoWhat will happen if they don't because the founders control the voting powe