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.

OpenAI has a PBC now

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!