alt Hacker NewsGriftfest 2026 is on the road!
"The proposed offering consists of 825,000,000 shares of Class A common stock. Of these, 801,351,354 shares are being offered by Anthropic and 23,648,646 shares are being offered by certain existing stockholders. Anthropic will not receive any proceeds from the sale of shares by the selling stockholders."
WTF - so basically insiders / investors are dumping their stock on dumb money retail investors / our 401ks and the company is getting NOTHING?
Replies
Wouldn't "by Anthropic" mean by the company itself - new shares to raise money? In that case the 23M shares being sold "by existing stockholders" would (might) include the founders, and seems surprisingly small ~1.7B at $75/share.
Maybe founders and employees aren't allowed to sell yet?
Why would the company get anything from someone else selling? It isn't the company's share.
The company is making a lot of money from the 800M shares they do own that they are selling.
They're offering about $65Bn, of which about $1.8Bn is from existing stock holders. That's a tiny amount of shares from existing stock holders and probably not anyone who works at the company.