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Anthropic's seven founders plan to each cash out approximately $250 million in the IPO.

Nov 11, 04:00

On November 11, TechCrunch reported that seven co-founders of Anthropic plan to each sell 3,378,378 shares in their initial public offering (IPO). Based on a midpoint offering price of $74 per share within the $70 to $78 range, each will net nearly $250 million.

The report cites filing documents indicating that following the sale, each founder will hold approximately 3.2% of the outstanding Class A shares, with the seven collectively accounting for roughly 22%; this does not represent their stake in the company's total equity. Each founder will also be granted one Class F share with super voting rights, giving the seven founders a combined 51.1% of the voting power.

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