Anthropic founders set to raise roughly $250 million each in upcoming IPO
All seven Anthropic co-founders will sell the same number of shares in the company's IPO, potentially netting each about $250 million at the midpoint of the $70-$78 price range while retaining control of the firm.
Anthropic disclosed in its S-1 filing that each of its seven co-founders will sell 3,378,378 shares in the planned initial public offering. The company has indicated an initial price range of $70 to $78 per share; at the midpoint of $74, the proceeds per founder would be just under $250 million. If the shares price at the low end, each founder would receive a little over $236 million, while the high end would yield just under $264 million.
Board member Reed Hastings has expressed interest in purchasing $300 million of shares through his donor-advised fund, and board member Christopher Liddell intends to buy $3 million of shares, suggesting strong demand.
The founders – Dario Amodei (CEO), Daniela Amodei (president and chair of the board), 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) – will each retain about 3.2 % of the outstanding Class A shares, amounting to roughly 22 % collectively. Because Class A shares represent only one class of Anthropic’s equity, their overall ownership stake will be lower, with other investors such as Amazon and Google holding non-voting Class N shares. Each founder will also receive one share of Class F stock, which carries super-voting rights, giving the group a combined voting control of 51.1 %.
The founders left OpenAI in 2021 after disagreements over AI development approaches and have positioned Anthropic as a company focused on AI safety.