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Anthropic Pledged Shares to Benefit a Public Benefit Fund

Anthropic created a wholly owned public benefit unit called the Anthropic Public Benefit Fund, which initially receives 5% of its shares; after every 50% increase in company valuation they may add up to a further 2%.

Anthropic Pledged Shares to Benefit a Public Benefit Fund

Anthropic created a wholly owned public benefit unit called the Anthropic Public Benefit Fund, which initially receives 5% of its shares; after every 50% increase in company valuation they may add up to a further 2%. In total about 20% of shares will go to public benefit; the co-founders have already promised to offer 80%, and roughly half of employees will donate equity.