Let those who get rich first help those who get rich later. The seven co-founders of Anthropic @AnthropicAI are getting rich first.
The new prospectus shows that the seven will each sell 3.378 million shares in next week’s IPO. At the midpoint price of $74, that means each will cash out $250 million, for a total of $1.75 billion.
But each is actually selling only 1.4% of their holdings.
The rest will remain locked up for a year.
They’ve been fighting the battle their whole lives—it’s time they enjoyed the rewards!
Who’s buying those shares?
Why, us retail investors chasing IPO allocations, of course! 🤣
The new prospectus shows that the seven will each sell 3.378 million shares in next week’s IPO. At the midpoint price of $74, that means each will cash out $250 million, for a total of $1.75 billion.
But each is actually selling only 1.4% of their holdings.
The rest will remain locked up for a year.
They’ve been fighting the battle their whole lives—it’s time they enjoyed the rewards!
Who’s buying those shares?
Why, us retail investors chasing IPO allocations, of course! 🤣
