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Updated S-1: Anthropic's seven co-founders will sell $1.75B of stock in next week's IPO, each offering shares worth ~$250M at the midpoint of its IPO range (Dylan Sloan/Bloomberg)

Techmeme ·
The founders’ stock sales would pay them directly, rather than raise money for Anthropic.

Techmeme’s note attributes the planned sales to an updated S-1 filing, citing Bloomberg’s Dylan Sloan. Each of the seven co-founders is offering roughly the same dollar amount of stock. The combined $1.75 billion estimate uses the midpoint of the IPO price range; actual proceeds will depend on the final price.

Techmeme's note

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Categories: Money & Moves