Anthropic Co-Founder Plans to Cash Out Approximately $1.75 Billion in IPO

Anthropic's updated prospectus reveals that its seven co-founders will collectively sell approximately $1.75 billion worth of stock in the upcoming IPO, with each co-founder set to receive about $250 million based on the midpoint of the IPO price range, representing about 1.5% of their respective holdings in the company. The seven co-founders include Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, and Christopher Olah. At this valuation, each co-founder's net worth is estimated to be around $18 billion. The IPO pricing date is set for November 18, with trading commencing the following day.

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