Science
ValueEdge Chair: SpaceX Needs A Succession Plan
Key Points
Nell Minow, Chair of ValueEdge Advisors, says Anthropic is moving in the opposite direction from SpaceX on governance, but argues its structure is still unusual and potentially problematic. She says the company is combining elements of public companies and nonprofits, including a public benefit corporation framework that she says both cares about shareholder value and does not. She speaks with Romaine Bostick on "The Close."
Nell Minow, Chair of ValueEdge Advisors, says Anthropic is moving in the opposite direction from SpaceX on governance, but argues its structure is still unusual and potentially problematic. She says the company is combining elements of public companies and nonprofits, including a public benefit corporation framework that she says both cares about shareholder value and does not. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)