#AnthropicRejectsIPODelayValuationinQuestion
Anthropic said NO to delay — and just set the price.
Today Nov 10, it filed S-1/A: *825M shares at $70-$78*, to raise *$57.7B-$64.3B*. Fully diluted valuation *$1.40T at top end*. That's down from $2T dream in Oct, but up from $965B private round in May.
Yesterday it briefly circulated $69.3B plan (866.7M at $70-$80) then withdrew it as "inaccurate" — chaos before roadshow.
*Why valuation in question?* Q3 revenue $17B (+47% QoQ, +1127% YoY) but growth slowing, 9-month net loss $104B (mostly non-cash), and *$900.9B compute commitments*. Plus $26B private placement from Google, Nvidia, Microsoft, TSMC, AMD, Broadcom, Micron.
*Candle Analysis:* Chart shows lower highs, red candles dominating — bearish pressure, valuation haircut -30%. Roadshow starts today, trading expected ~Nov 19 as *ANT*.
Take haircut now, or risk worse later? Anthropic chose now.
#AnthropicRejectsIPODelayValuationinQuestion #BinancePick
Anthropic said NO to delay — and just set the price.
Today Nov 10, it filed S-1/A: *825M shares at $70-$78*, to raise *$57.7B-$64.3B*. Fully diluted valuation *$1.40T at top end*. That's down from $2T dream in Oct, but up from $965B private round in May.
Yesterday it briefly circulated $69.3B plan (866.7M at $70-$80) then withdrew it as "inaccurate" — chaos before roadshow.
*Why valuation in question?* Q3 revenue $17B (+47% QoQ, +1127% YoY) but growth slowing, 9-month net loss $104B (mostly non-cash), and *$900.9B compute commitments*. Plus $26B private placement from Google, Nvidia, Microsoft, TSMC, AMD, Broadcom, Micron.
*Candle Analysis:* Chart shows lower highs, red candles dominating — bearish pressure, valuation haircut -30%. Roadshow starts today, trading expected ~Nov 19 as *ANT*.
Take haircut now, or risk worse later? Anthropic chose now.
#AnthropicRejectsIPODelayValuationinQuestion #BinancePick
