Anthropic employees refused to sell their shares, here's one number that explains why
AI Summary
Anthropic employees have declined to sell their shares at a $350 billion tender offer, anticipating a higher valuation after a recent $30 billion funding round, bringing the company's worth to $900 billion. An IPO is expected by October, promising substantial returns for staff.
Anthropic employees refused to sell their shares at the $350 billion tender offer earlier this year, and now we know why. The Claude maker has agreed a fresh $30 billion funding round at a $900 billion valuation, the Financial Times reported, nearly tripling its worth in three months. With revenue at $30 billion and an IPO expected by October, staff are sitting on a payday.