Anthropic's PBC structure gives founders 50.1% voting control ahead of IPO
Anthropic's IPO filing shows the AI lab is structured as a public benefit corporation, requiring it to balance shareholder returns with a stated mission of safe AI development. Seven co-founders, including Dario Amodei, hold a single Class F share granting them 50.1% of voting power, while a separate public benefit fund holds roughly 5% of fully diluted shares. Anthropic is seeking a valuation of $1.5 trillion or more in what would be the first major frontier AI lab IPO.