All 7 Anthropic founders will each cash out about $250M in IPO
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
TL;DR
- Seven Anthropic co-founders plan to sell 3,378,378 shares each in the company's IPO.
- The IPO price range is set between $70 and $78 per share, potentially netting each founder close to $250 million.
- Board members Reed Hastings and Christopher Liddell have expressed interest in purchasing shares, indicating high demand.
- The co-founders will retain approximately 22% of Class A shares and collectively control 51.1% of the company's votes via Class F stock.
- Anthropic was founded in 2021 by former OpenAI employees focused on AI safety.