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Former Google CEO Schmidt holds approximately Anthropic 1%stake,IPO potentially bringing a substantial increase in wealth

BlockBeats reported,October 20, according to Bloomberg, people familiar with the matter said that former Google CEO Eric Schmidt holds approximately a stake in Anthropic through an early investment. 1%and could become one of the company's IPO largest individual beneficiaries. In 2021, he invested tens of millions USD in Anthropic's Series A financing, when the company was valued at 461000000 USD. It is currently unclear whether he has since sold part of his stake; both Schmidt and Anthropic declined to comment.

Investors last week considered Anthropic's fair valuation to be approximately 1800000000000 to 2000000000000 USD. Even based on the company's most recent valuation of 965000000000 USD, Schmidt's stake is worth nearly 10000000000 USD. If the company reaches a valuation of 2000000000000 USD, the Bloomberg Billionaires Index estimates that his net worth would increase by approximately one-third, to nearly 80000000000 USD.

People familiar with the matter previously said that Anthropic could officially begin its November 9 roadshow as early as the week of IPO, potentially begin trading before U.S. Thanksgiving, and is expected to go public no later than year-end. Other major investors in the company include Alphabet, Amazon, Nvidia, and Microsoft.

Original link https://m.theblockbeats.info/flash/372626