All 7 Anthropic founders will each cash out about $250M in IPO

As Anthropic prepares for an IPO that could value it at $1.4 trillion, its S-1 filing reveals that each of the company's seven co-founders plans to sell 3,378,378 shares. With an initial price range of $70 to $78 per share, each founder stands to take in roughly $236 million to $264 million, or just under $250 million at the $74 midpoint. Demand appears strong: board members Reed Hastings (through his donor-advised fund) and Christopher Liddell intend to buy $300 million and $3 million worth of shares, respectively. After the sale, each founder will own about 3.2% of outstanding Class A shares, roughly 22% collectively, though this excludes the non-voting Class N shares held by investors such as Amazon and Google. Each founder will also receive one supervoting Class F share, and collectively the founders will control 51.1% of votes, with no single founder holding significantly more shares or votes than the others. The seven co-founders—CEO Dario Amodei; Daniela Amodei, president and chair; Tom Brown, chief compute officer; Jack Clark, head of public benefit; Jared Kaplan, chief science officer; Sam McCandlish, chief architect; and Christopher Olah, interpretability research lead—left OpenAI in 2021 to start Anthropic, positioning it publicly as more focused on AI safety than rivals, including their former employer.

(Source：TechCrunch)