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The latest news on the business of tech, including IPOs, M&As, VCs, cryptocurrency, fintech, funding, valuations, and investing. We get the scoops.

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Anthropic Prepares Supervoting Power for Founders as it Readies for Mega-IPO

Anthropic has been preparing to give CEO Dario Amodei and other co-founders a class of stock with extra voting power to help insulate them from outside shareholder pressure, two people familiar with the matter said. It would be the first time Anthropic’s leaders have extra voting power, which has become common practice for tech founders. It is all the more relevant for Anthropic because its co-founders hold relatively small ownership stakes in the company compared to other tech founders,...

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