GoKawiilAnthropic S-1 shows founder control, $900B compute commitments, GPU shortage
A podcast discussion between Patrick McKenzie and Zvi Mowshowitz examines Anthropic's IPO filing (S-1), highlighting a founder-controlled share structure where a single Class F share holds 50.1% of voting power, an uncapped 3:1 employee donation-matching program, and roughly $900 billion in forward compute commitments. The pair also note that Anthropic's softer Q3 revenue appears driven by limited GPU supply rather than weak customer demand.