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

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

As Anthropic barrels toward an enormous IPO that could value it at $1.4 trillion IPO, the company has disclosed a tidbit in its new S-1 filing about how many shares each of its seven co-founders plan to sell.

Each will sell 3,378,378 shares. Anthropic has floated an unusually broad initial price range of $70 to $78 a share. At the mid-range of $74, each founder would take in just shy of $250 million.

Originally reported by TechCrunch. Read the full story at the original source.