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The Economic Times
The Economic Times
Technology

Anthropic seeks 50.1% voting control for cofounders ahead of IPO

Anthropic is asking shareholders to approve a new corporate structure that would award CEO Dario Amodei and his six co-founders a combined 50.1% of voting power, The Information reported on Thursday, citing people familiar with the planning.

The new arrangement, which emulates a founder-control structure at Palantir, would award the co-founders a special class of shares giving them collective voting control in most corporate matters, and would apply as long as three of the seven co-founders retain a minimum number of shares in the company, according to the report.

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