Inside the fraud-ripe feeding frenzy to snag Anthropic shares while the company remains private
Anthropic is experiencing a surge in demand for its shares as it prepares for a potential public offering. The company, valued at $380 billion, is reportedly seeking to raise up to $50 billion at a valuation nearing $900 billion. However, the secondary market for its shares is chaotic and unregulated, leading to complications in verifying the legitimacy of the shares being offered.
- ▪Anthropic is expected to go public this year, alongside rival OpenAI.
- ▪The company is reportedly looking to raise as much as $50 billion at a valuation around $900 billion.
- ▪There is an estimated $1 trillion in capital chasing $30 billion to $50 billion in available shares of Anthropic.
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A feeding frenzy in the animal kingdom is, at its core, vicious competition. Recommended Video The idiom “feeding frenzy” gained prominence in the mid-century, first primarily to describe the behavior of sharks frenetically ripping into large schools of fish. It’s chaotic, ruthless, and triggered by the perception of abundance. And I suspect the phrase gained popularity both because it’s evocative, and because there’s more than one kind of shark out there. And right now, quite a few sharks are circling the secondaries market around Anthropic, which is widely expected to go public this year (as is rival OpenAI).
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