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Committing 5% of shares now and another 2% each time the company is worth 50% more is a neat ratchet. Do you think the fund will stay philanthropic or eventually hold real voting power?
Committing 5% of shares now and another 2% each time the company is worth 50% more is a neat ratchet. Do you think the fund will stay philanthropic or eventually hold real voting power?
RE: Anthropic's public benefit fund: should we be worried?