← Back to context Comment by stefan_ 10 hours ago Turns out you can't pay em as much as VC will, haha 6 comments stefan_ Reply dominotw 10 hours ago its a public benefit corp bix6 10 hours 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 8 hours 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. cherryteastain 10 hours ago So is Anthropic... solenoid0937 8 hours ago Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent stefan_ 10 hours ago Funny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!
dominotw 10 hours ago its a public benefit corp bix6 10 hours 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 8 hours 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. cherryteastain 10 hours ago So is Anthropic... solenoid0937 8 hours ago Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent stefan_ 10 hours ago Funny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!
bix6 10 hours 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 8 hours 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.
solenoid0937 8 hours 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.
cherryteastain 10 hours ago So is Anthropic... solenoid0937 8 hours ago Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
solenoid0937 8 hours ago Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
stefan_ 10 hours ago Funny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!
its a public benefit corp
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!
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.
So is Anthropic...
Anthropic has stuck pretty closely to their stated intent even if HN does not agree with that intent
Funny how that works, so are Anthropic and OpenAI apparently. Maybe there is something we are missing here!