alt Hacker NewsEh, not sure I agree here.
> It can seat four members of Anthropic’s seven-member board, and dismiss them without cause.
Good luck without a risk factor and description of that thing in the prospectus the first time that authority is invoked on a public company.
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grey-area • today at 8:21 PM
If not now for the IPO, why would they be compelled by investors to do it later as you imply?
Trusts are not a new mechanism.
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Similar language is in spacex's IPO but with musk setting the agenda and not shareholders and it flew just fine.
Market seems to tolerate bullshit better than I expected