Anthropic Founders' Payday

It's Benzinga, bringing Wall Street to Main Street. Anthropic's seven founders, including CEO Dario Amodei and President Daniela Amodei, plan to sell about $250 million in shares apiece in the company's initial public offering, according to the Wall Street Journal. Each founder will retain a stake valued at around $18 billion. Anthropic aims to go public next week at a valuation of around $1.3 trillion and raise at least $80 billion. After Anthropic begins trading, each of its seven founders will retain around 3.2% of the company's Class A shares, valued at approximately $18 billion apiece. Together, the founders will hold roughly 22% of Anthropic's outstanding shares. The company's ownership structure also guarantees the founders 50.1% of most shareholder votes through a limited liability company they control. For all things money, visit Benzinga.com.