The Information ·

Anthropic prepares to give its co-founders shares with extra voting power to help insulate them from outside pressure; Amodei owns ~2% of Anthropic

Anthropic has been preparing to give CEO Dario Amodei and other co-founders a class of stock with extra voting power to help insulate …

Anthropic Venture Capital

In this story Anthropic

Anthropic prepares to give its co-founders shares with extra voting power to help insulate them from outside pressure; Amodei owns ~2% of Anthropic

Lead Source

The Information — Anthropic prepares to give its co-founders shares with extra voting power to help insulate them from outside pressure; Amodei owns ~2% of Anthropic ↗

How this story grew

Coverage · 0 Discussion · 0

Aug 18Aug 20

Coverage

Bloomberg: Sources: Anthropic's revolving credit facility is set to surpass its ~$10B target as banks compete for roles on the upcoming IPO; Anthropic could limit the size

More

Quartz: Quartz

China Money Network: China Money Network

Reuters: Reuters

Proactive: Proactive

Discussion

@jasonlk @kimmaicutler @validapau @amir @shaig @hesamation @jessicalessin @lauramandaro

Related stories

The Information: Anthropic has been working on a plan to allow secondary stock sales in its IPO while also considering lockup periods longer than the standard 180 days

Reuters: Anthropic is expected to make its IPO prospectus public late September and complete the listing days before the US midterm elections in November

Bloomberg: Anthropic expects to match or beat the size of SpaceX's record-setting IPO, as it prepares to file publicly for its IPO as soon as the end of August

New York Times: Anthropic's bankers said the company could raise $100B+ in its IPO, which could value it at $2T, in recent discussions with potential investors

Financial Times: Anthropic's investors expect it to float at a $2T+ valuation in an October IPO and to hit $100B to $120B in annualized revenue by the end of 2026

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif