#估值承压下anthropic还能如期上市吗
Six people posted the same kind of tweet one after another on the same day. That’s unusual for a company built around research..
🤖 进群看机构动作
On November 6, Blockworks senior research analyst Jake Koch-Gallup, research analysts Nick Carpineto and Kunal Doshi, senior protocol strategist Silvio Busonero, and founding research team member Westie Revacc, among others, announced their departures in quick succession.. Nobody gave a specific reason. Jake only said it was due to a strategic shift at the company..
Most people see personnel turmoil. I see a handoff.. On November 3, the company had just opened up its own MCP product, allowing anyone to connect Blockworks data to Claude, ChatGPT, or Cursor.. In March this year, it also acquired crypto research platform Messari.. On one side, its products are moving toward agents; on the other, the people writing the reports are leaving en masse. These are two sides of the same move..
What’s really changing is how research is delivered.. Researchers used to sell their ability to explain: an in-depth report was only valuable if someone read it from beginning to end.. Now data is packaged as an interface, and a single model call delivers everything, pushing the marginal value of reports close to zero.. In this setup, analysts’ work becomes raw material, while pricing power shifts to the interface layer..
Jake put it pretty directly: independent research matters more than ever, especially when AI makes original human thinking more precious.. Written in a departure statement, this sounds more like an industry assessment than a complaint..
Crypto has been on this path for a long time.. Pricing power has shifted from research firms to the attention economy; whoever has the loudest voice gets to define the narrative.. The money hasn’t left the industry; it has simply shifted from subscription fees to advertising and interface usage fees.. The analysis retail investors get is increasingly alike. This is also one reason altcoin markets are becoming more dependent on a single hot topic. It’s not that there’s no money—it’s that very few people are still willing to pay for independent judgment..
What matters next isn’t where these six people go, but whether their roles will be filled.. If they aren’t, sell-side research in crypto will have officially declined into market updates.. The market will react more sharply to bad news than before, because one layer of people explaining it will be gone.. When that day comes, the truly scarce ones will be those few willing to speak against the tide of attention..
Six people posted the same kind of tweet one after another on the same day. That’s unusual for a company built around research..
🤖 进群看机构动作
On November 6, Blockworks senior research analyst Jake Koch-Gallup, research analysts Nick Carpineto and Kunal Doshi, senior protocol strategist Silvio Busonero, and founding research team member Westie Revacc, among others, announced their departures in quick succession.. Nobody gave a specific reason. Jake only said it was due to a strategic shift at the company..
Most people see personnel turmoil. I see a handoff.. On November 3, the company had just opened up its own MCP product, allowing anyone to connect Blockworks data to Claude, ChatGPT, or Cursor.. In March this year, it also acquired crypto research platform Messari.. On one side, its products are moving toward agents; on the other, the people writing the reports are leaving en masse. These are two sides of the same move..
What’s really changing is how research is delivered.. Researchers used to sell their ability to explain: an in-depth report was only valuable if someone read it from beginning to end.. Now data is packaged as an interface, and a single model call delivers everything, pushing the marginal value of reports close to zero.. In this setup, analysts’ work becomes raw material, while pricing power shifts to the interface layer..
Jake put it pretty directly: independent research matters more than ever, especially when AI makes original human thinking more precious.. Written in a departure statement, this sounds more like an industry assessment than a complaint..
Crypto has been on this path for a long time.. Pricing power has shifted from research firms to the attention economy; whoever has the loudest voice gets to define the narrative.. The money hasn’t left the industry; it has simply shifted from subscription fees to advertising and interface usage fees.. The analysis retail investors get is increasingly alike. This is also one reason altcoin markets are becoming more dependent on a single hot topic. It’s not that there’s no money—it’s that very few people are still willing to pay for independent judgment..
What matters next isn’t where these six people go, but whether their roles will be filled.. If they aren’t, sell-side research in crypto will have officially declined into market updates.. The market will react more sharply to bad news than before, because one layer of people explaining it will be gone.. When that day comes, the truly scarce ones will be those few willing to speak against the tide of attention..