its a public benefit corp
replyDon’t worry they will just limit them to a 10x return but then later on just convert to for profit and fahgetabout the cap!
replyI don't think Anthropic (the only major PBC in this space) ever did this.
replyOpenAI 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.
So is Anthropic...
replyAnthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
replyFunny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!
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