6 ms·

Turns out you can't pay em as much as VC will, haha

• dominotw 1mo ago
  its a public benefit corp
  • cherryteastain 1mo ago
    So is Anthropic...
    • solenoid0937 1mo ago
      Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
  • bix6 1mo ago
    Don’t worry they will just limit them to a 10x return but then later on just convert to for profit and fahgetabout the cap!
    • solenoid0937 1mo ago
      I don't think Anthropic (the only major PBC in this space) ever did this. OpenAI did but they had a totally different structure and were never a PBC. If these guys adopt a similar LTBT+PBC structure to Anthropic it should be more resilient.
      • namocat 1mo ago
        OpenAI has a PBC now
  • stefan_ 1mo ago
    Funny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!