Anthropic's pre-IPO filing shows founders hold voting control

Anthropic's IPO prospectus gives its seven co-founders sole control of Founder LLC, which holds 50.1 percent of the company's voting power, according to CNBC. The filing says the arrangement lets founders decide the outcome of all stockholder votes for the foreseeable future. Dario Amodei, chief executive, and Daniela Amodei, president, are among the co-founders. The company said the structure may make it harder to replace directors and management. TechCrunch reports the company, a public benefit company focused on AI safety, is approaching its initial public offering, with a board chaired by Daniela Amodei and a Long-Term Benefit Trust able to elect and remove a board majority.