Comment by qsera
1 day ago
>driven by values
Would the people who have invested in the company like that? Or would they like the company to make some money? Are they going to piss off their investors by being "driven by values"?
I mean, please explain it to me how "driven by values" can be done when you are riding investor money. Or may be I am wrong and this company does not take investments.
So in the end you are either
1. funding yourselves, then you are in control, so there is at least a justification for someone to believe you when you say that the company is "driven by values".
2. Or have taken investments, then you are NOT in control, then anyone who trusts you when you say the company is "driven by values", is plain stupid.
In other words, when you start taking investment, you forego your right to claim virtuous. The only claim that you can expect anyone to believe is "MY COMPANY WILL MAKE A TRUCKLOAD OF MONEY !!!!"
As an investor in Anthropic, I'd say that anyone who wasn't aware of where they stood on various values issues the whole time should not have been putting money in, it was not hidden.
How much is your investment (you don't have to be exact)?
The bottom line is that if the investment is not profitable, then there will be less and less investment, because only fewer and fewer can afford to lose money and stick to their values, until no one will be investing; how ever high your values might be...
Sticking to your values when it cost growth is not sustainable for publicly traded companies...
Anthropic is a public benefit corporation. Investors who put money in knew this. It's in the corporate charter. The corporate charter is a public document.
Fiduciary duty means the board and officers must act in accordance with the governing documents of the corporation.
Even a regular corporation doesn't need to be just for the purpose of "money goes up". The board has discretion on how they create value.
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