3 ms·
its a public benefit corp
by dominotw 3mo ago
its a public benefit corp
- cherryteastain 3mo agoSo is Anthropic...
- solenoid0937 3mo agoAnthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
- bix6 3mo agoDon’t worry they will just limit them to a 10x return but then later on just convert to for profit and fahgetabout the cap!
- solenoid0937 3mo agoI don't think Anthropic (the only major PBC in this space) ever did this. OpenAI did but they had a totally different structure and were never a PBC. If these guys adopt a similar LTBT+PBC structure to Anthropic it should be more resilient.
- namocat 3mo agoOpenAI has a PBC now
- stefan_ 3mo agoFunny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!