techcrunch.com/2026/10/27/whos-really-in-charge-at-anthropic-after-the-ipo Who’s really in charge at Anthropic after the IPO?
As Anthropic nears its IPO, a layered governance setup will leave public shareholders with little say. A Long-Term Benefit Trust elects and removes a majority of directors, while the seven founders jointly hold 50.1% of voting power, and employees can overrule the trust on board seats.
— via TechCrunch, Tim Fernholz