The speaker speculated that Anthropic may have wanted converted shares to be non-voting so that a supplier or strategic investor would not gain governance rights.

“We don't, we haven't gone above those thresholds. Maybe Anthropic didn't wanna give them voting shares. I don't know, right? "Let's, let's have your shares convert into non-voting shares 'cause we don't want the governance of a s- of a supplier or a strategic."”

“Like, I'm, I'm totally speculating and hypothesizing. Uh-”