Hacker News Reader

Anthropic isn't publicly traded yet so it can't have too many investors.

Holders can still band together as a single pot, like a fund which can count as only one investor.

This sounds like a loophole, and now that I think if it it probably is - VCs and stuff should not have been allowed to ask for money from pension funds without imposing at least some rules normally applied to public companies.

And now there are startups where you can place bids on private market stock without being a qualified investor or pushing the company into a spot where it has to go public.

Anthropic doesn’t want dozens (hundreds?) of disgruntled creditors on their cap table and there might be provisions preventing such a transfer.

The shares may not be transferrable, or some investors may not want to go to the trouble.