[sumedh]

> At that point you are beholden to your shareholders

No not really, you can issue two types of shares, the company founders can control a type of shares which has more voting power while other shareholders can get a different type of shares with less voting power.

Facebook, Google has something similar.

[what]

No, they still have to act in the interest of shareholders even if they have no voting power.

[wsun19]

As a PBC, the intent of the company is not only profit, but it's hard to analyze the counterfactuals of if Anthropic were a pure for-profit or a non-profit

[hiroboto]

thats the benefit of a pbc

[sumedh]

What will happen if they don't because the founders control the voting powe