ANTHROPIC’s latest prospectus shows seven co‑founders will sell a combined $1.75
bln of stock in next week’s IPO. At the midpoint of the IPO price range, each
would sell roughly $250 mln. The filing says ANTHROPIC is seeking up to $90.4
bln in proceeds from the IPO and a concurrent private placement, implying an
approximate $1.4 tln valuation.