@cbcnews: Andrew Chang breaks down how Anthropic's unique ownership structure works as the AI giant prepares to go public — and why it's nearly impossible to overrule its founders. Images provided by The Canadian Press, Reuters, Adobe Stock and Getty Images #CBCNews #AboutThat #Anthropic #AI #IPO

roadhome0 :

This should get their IPO denied, and them banned from ever being listed on the NYSE.

nexoris_animation :

Publicly traded but never publicly owned?

The_RZH :

Does that share cost 50.1% of the company?

🇨🇦 Chris :

Why would anyone buy these shares?

Alex :

Mark Zuckerberg has also „only“ 13% shares of meta but 60% of the voting rights. It’s not that new to keep the power within the founders team

ApexOfSnacrifice :

Then why ever buy stock in the company? It's not like they're profitable.

Ahaha :

They’re trying to raise capital by going public, without giving up control… I don’t think it will work

shtang_nik :

Are they doing a giveaway

ThisIsMe 🇨🇦 :

What episode of Black Mirror is this?

riverwater :

This is brutally comical. I would like to look the person in the eye that decided this.

Joe Nasr :

Minimum. What is wrong with that.

SteelMonger2 :

calling it a "god share" is a bit much

veritea17 :

See if this was open AI I’d be scared but I have a bit more faith in Dario

jonathan :

I’ll buy it from them for 20 bucks

Crow1170 :

Why would anyone buy the dummy shares? There may be dividends, but that's not likely to happen at all, let alone exceed the performance of a CD.

josh :

super voter stocks should be taxed relative to their vote & value of the company, not whatever the company says it's worth

DrTaru :

This is completely normal.

Rachael Letney :

So every 401k gets to share the debt and the 51 getting the profits got it 👍🏼

xiptix :

Not so public if you have no public power.

THEO 🇨🇦🇬🇷 :

I think it's smart. It will prevent other greedy investors from pushing it to it's malevolent limits for $$$ and power.

mandyb 🇨🇦 :

I don't hate this. I'd rather people that understand it have the kill switch.

what’s up ray :

This is very dangerous

🐆 :

I am concerned about the set up. One of the founders can get married and have to forcibly sell their part of the company

D'linquent 👀 :

and (maybe) Dario has a 50.1% share in Founders LLC. so who has the real rights to vote

Zach 🍁 :