Seven Anthropic co-founders plan to cash out $1.75 billion in blockbuster IPO

November 11 — According to the latest prospectus published on Tuesday, the seven co-founders of Anthropic PBC will collectively sell $1.75 billion worth of shares in next week's initial public offering.

Based on the midpoint of the IPO price range, each co-founder plans to sell approximately $250 million worth of shares. According to the Bloomberg Billionaires Index, at this valuation, each person's net worth will reach approximately $18 billion.

According to the filing, San Francisco-based Anthropic seeks to raise up to $90.4 billion through the initial public offering and private placement, corresponding to a valuation of approximately $1.4 trillion. According to the transaction terms seen by Bloomberg, the IPO is scheduled to be priced on November 18 and begin trading the following day.