founders ahead of IPO, The Information reports
Anthropic seeks Palantir-style voting control for seven co-founders ahead of IPO, The Information reports Sept 24 (Reuters) - Anthropic is asking shareholders to approve a new corporate structure that would award CEO Dario Amodei and his six cofounders a special class of shares giving them collective voting control in most corporate matters, The Information reported on Thursday.
The new arrangement, which emulates a founder-control structure at Palantir, would grant the co-founders a combined 50.1% of voting power, as long as three of the seven co-founders retain a minimum number of shares in the company, as per the report.
(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Jonathan Ananda)
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