BREAKING: Anthropic is looking to IPO in September or early October, per WSJ↗

We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gi…↗

Anthropic has confidentially submitted a draft S-1 registration statement to the Securities and Exchange Commission. Pending completion of SEC review, this gives us the option to pursue an initial public offering. Read more: anthropic.com/news/confident…↗

I've invested in 35-40 different venture funds. The single best fund, by far, has returned 7.89x. For every $100,000 invested, they returned $789,000. And they aren't done yet. Sub $100m fund, tons of QSBS, couple unicorns, 4+ IPOs. When venture works, it really works.↗

Profit sharing is the new IPO.↗