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

Anthropic's new S-1 filing discloses that each of its seven co-founders plans to sell 3,378,378 shares in its IPO, which has an initial price range of $70 to $78 a share, putting each founder's proceeds at roughly $236 million to $264 million. Board members Reed Hastings and Christopher Liddell have indicated they want to buy $300 million and $3 million worth of shares, respectively. After the sale, each founder will own about 3.2% of outstanding Class A shares, and collectively the founders will control 51.1% of votes through supervoting Class F stock.