Anthropic founders seek majority voting control before IPO
Anthropic’s seven co-founders are asking shareholders to let them keep control after the company goes public. They want a special class of shares giving them 50.1% of all voting rights, as long as at least three founders keep a minimum stake. The plan won’t affect payouts if the company is sold. Employees would get their own shares to break ties on some issues. That leaves most voting power with the founders group even if they hold a small percent of equity.
- Proposed shares give founders 50.1% of voting rights
- At least three founders must remain active to keep control
- Founders together hold around 14% ownership
- Employees would help break voting ties
- Plan awaits shareholder approval soon
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