ANTHROPIC FOUNDERS COULD RETAIN VOTING CONTROL FOR DECADES
Anthropic's founders could retain 50.1% of shareholder voting power long after its IPO, even if they sell nearly all their shares.
A special Class F share, controlled by Anthropic Founders LLC, grants majority voting rights as long as at least three founders remain.
The structure also allows departing founders to be replaced with members serving 10-year terms, potentially extending control for decades.
The key takeaway: Anthropic's IPO could offer investors economic exposure without meaningful control over corporate decisions, raising important governance considerations.
The gutting of the Voting Rights Act is a deliberate attempt to undermine Black voting power. It’s infuriating and wrong. We must show up strong in November to take back the House, stop the SAVE Act and instead, finally pass the John Lewis Voting Rights Act.
With early voting happening in states across the country, @WeTheAction is looking for lawyers to help safeguard voting rights. If you’re a lawyer and want to help protect the vote in your community, I hope you’ll sign up:
Democrat Governor Abigail Spanberger “restored” the voting rights of convicted felon Biscuit Rigsby.
Who is dead…and a dog. Which makes sense, as dead people, animals and felons are some of-the most loyal democrat voters.