Anthropic is seeking shareholder approval for a special share structure that would give CEO Dario Amodei and six other co-founders a combined 50.1% of the company’s voting power, according to The Information. The proposed arrangement is designed to preserve founder control after the company goes public.
The structure would require at least three founders to continue holding a minimum stake in the company. The seven founders currently each own about 2% of Anthropic, and the new shares would not provide additional economic benefits. Their main effect would be to increase voting power rather than financial upside.
At the same time, Anthropic’s Long-Term Benefit Trust would continue to elect most of the board. Founder board seats would rise from two to three, while employees would receive shares that can break tie votes on certain matters. The report also said Anthropic was valued at $96.5 billion in May and has recently reached roughly $1.5 trillion in the secondary market, with the proposed IPO expected to reference that latest valuation.
Anthropic is seeking shareholder approval for a special share structure that would hand CEO Dario Amodei and six other co-founders a combined 50.1% of the company’s voting power, according to The Information. The move is intended to let the founding team keep control after a public listing.
The proposed setup would require at least three founders to keep holding a minimum stake in the company. Anthropic’s seven founders currently own about 2% each, the report said. The new shares would not grant extra economic benefits and would instead add voting rights.
Anthropic’s Long-Term Benefit Trust would still elect most board members under the arrangement. Founder board seats would increase from two to three. Employees would also receive shares that can break tie votes on certain matters.
On valuation, Anthropic was valued at $96.5 billion in May this year. Its recent secondary-market valuation has climbed to about $1.5 trillion, and the company’s proposed IPO is expected to use that latest valuation as a reference point.
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