AI Business
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Anthropic co-founders set to sell shares worth $250 million each in upcoming IPO
Nov 10, 2026
AI Summary
Anthropic's IPO could value the company at $1.4 trillion, with each of its seven co-founders planning to sell over 3.3 million shares. Depending on the share price, each founder stands to earn between $236 million and $264 million, while collectively maintaining significant control over the company.
- Anthropic is preparing for an IPO that may value the company at $1.4 trillion.
- Each of the seven co-founders plans to sell 3,378,378 shares, potentially earning around $250 million each at the mid-range price of $74 per share.
- The initial price range for shares is set between $70 and $78, with high demand indicated by board member Reed Hastings expressing interest in purchasing $300 million worth of shares.
- After the sale, each founder will own approximately 3.2% of the total outstanding Class A shares, while collectively holding around 22% of those shares.
- The founders will also receive one share of Class F stock, granting them supervoting rights, allowing them to control 51.1% of the voting power.
- The co-founders, who previously worked at OpenAI, established Anthropic in 2021, focusing on AI safety.
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