Long Term Benefit Trust
topic on 5 shows · 5 statements across 5 episodes · said 6 times in 3 episodes since 2026
Mixergy 3 
the Y Combinator Startup Podcast 2 
WTF is with Nikhil Kamath 1 
Lenny's Podcast 
TBPN
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Mixergy 3the Y Combinator Startup Podcast 2WTF is with Nikhil Kamath 1
2026 6 mentions in 3 episodes 2 per episode
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5 statements about Long Term Benefit Trust, every show
Ries: Anthropic's Long-Term Benefit Trust appoints corporate board directors
“Their company is governed by something called the long-term benefit trust, which is an outside set of trustees that are not like a vague advisory board or like remember the trust And safety counsel that that Facebook famously had and The totally ignored. The L…”
Ries: Trust-governed PBCs are roughly five times more likely to reach year 50
“They created something called the long-term benefit trust. Which is like a multi-branch government, right? So you have the for-profit PPC, and then you have the board of directors accountable to a second entity, this outside trust, and the data shows that comp…”
Ries: Anthropic created a perpetual purpose trust at Series C
“I think it was a series C when they finally established this thing called the long-term benefit trust, which is not a nonprofit foundation. It's actually what's called a perpetual purpose trust, which is a different legal category, but the same idea outside tr…”
Ries: Anthropic delayed Long-Term Benefit Trust enactment until Series C
“They didn't actually implement what's called now the long-term benefit trust until their Series C. But they had the right and the intention to do it in all their legal documents from inception.”
Amodei: Anthropic's Long-Term Benefit Trust appoints majority of board
“We have an unusual governance structure, something called the long-term benefit
Trust.
you know, it's a body that, that kind of ultimately appoints, you know, the majority of the board members for Anthropic and is, you know, made up of financially disinterest…”