Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Anthropic raises $30B in Series G funding at $380B post-money valuation

anthropic.com

Post reply on HN
Print view View original

451–460 of 476 posts

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#451

Post by lumost »

reenorap wrote: post #51

How is Anthropic, OpenAI and xAi going to compete against the likes of Google that can spend $200 billion a year? It’s an impossible war and all these investors are throwing their money into a bottomless insatiable pit of money. Until the funding stops for one reason or another and then everyone loses all their money at once like a star that collapses into a black hole singularity in a femtosecond.

Anthropic's primary Capex partner is AMZN. AMZN is presently willing to drop 200 billion a year into Capex for compute to rent to anthropic and others. This 30 billion only needs to fund their rental rates - unlike openai and google who need to put in the upfront capex for their compute as MSFT stopped footing the bills.

An interesting question is whether anthropic's capex needs may grow to the point that they can take down AMZN with them should they fail.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#452

Post by b112 »

rchaud wrote: post #419
AbstractH24 wrote: post #408

Earlier quoted context omitted.

That is a great counter example I never considered

FB is what it is because of advertising revenue. Google already had a giant advertising business where jettisoning Google+ made no difference to their bottom line.

Plus was an abysmal failure though. Had it succeeded even somewhat, it would have taken some or much of FB's ad coin, and added it to itself.

EG, their massive failure is why it meant nothing. The potential market was huge.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#453

Post by artifishy_intel »

maxerickson wrote: post #230
kccqzy wrote: post #165

Earlier quoted context omitted.

That doesn’t make sense at all. The raison d’être of SEC is to protect regular mom-and-pop investors. A private company just doesn’t allow anyone to invest in them. Why should SEC rules apply? On what legal basis can you force a private company to divulge its financial details? Would you be happy if you, as an individual, have to divulge your account statements if your own net wealth reaches one million?

It's a corporation, it exists at society's leisure. It might be necessary to create a legal basis, but it's just a matter of doing it. If the owners don't like it they can dissolve it.

Exactly, let’s raise the regulatory burden on corporations to the equivalence point at which the producer of the most valuable product of the last 10 years considers dissolution. For society.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#454

Post by gtowey »

laksjhdlka wrote: post #72
koakuma-chan wrote: post #47

Earlier quoted context omitted.

And why would anyone participate in their IPOs? They would be crazily overvalued, like Figma or worse.

To be fair, Facebook was at the time viewed by many as crazily overvalued.

Yes, because as a company who's main features were Farmville and posting pics of your food, it was ridiculously overvalued.

But we all underestimated just how ruthless Zuck would be in turning Facebook into a machine for disseminating propaganda and invading our privacy. It has become more akin to Palantir than MySpace because that's where the money is.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#455

Post by yieldcrv »

solatic wrote: post #335
yieldcrv wrote: post #248

Earlier quoted context omitted.

it's still the case, but there are never 1,000 investors, there's a couple dozen VC firms, SPVs, and individuals if you're smart. I don't think this is an SEC problem, they are fully aware that people subject to their jurisdiction can jump through many hoops to circumvent them. This shows consent on the investor's part well enough, and capital formation regulations do not burden the investor at all, they are only con…

If employees get stock options and decide to exercise on exit, they count against the 500 unaccredited investor limit that would trigger reporting requirements. So companies that issue stock options do have an outside risk that enough employees will exit, exercise their stock options, and trigger a reporting requirement.

yeah, that's why those companies tend to offer liquidity strategically to lower their employee investor count

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#456

Post by maxerickson »

artifishy_intel wrote: post #453
maxerickson wrote: post #230

Earlier quoted context omitted.

It's a corporation, it exists at society's leisure. It might be necessary to create a legal basis, but it's just a matter of doing it. If the owners don't like it they can dissolve it.

Exactly, let’s raise the regulatory burden on corporations to the equivalence point at which the producer of the most valuable product of the last 10 years considers dissolution. For society.

I was responding to general the "how can you possibly regulate a corporation" attitude expressed in the comment, not the specific instance here.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#457

Post by strawhatguy »

viking123 wrote: post #439
strawhatguy wrote: post #413

Earlier quoted context omitted.

All I know is that claude code is pretty dang good, grok's nice for searching info, and Google's Gemini hasn't really been in my workflow at all. Neither chatgpt, beyond when it first came out. Maybe I'm odd, but a Google search is even rare (usually use duck duck go) so I don't know, Google may have problems on it's hands. Possible anyway.

Grok is nice because it is not censored like all the other cuck models.

Yep, I can't trust software that has shone clear instructions to produce incorrect results, like Gemini did with it's image generation famously.

If nothing else, it means Gemini's team has priorities other than the results. Necessarily that means they will lag behind others who have clearer focus

Then the only way for Google to get ahead is to help promote regulation of AI to do what they're already doing. I know it's coming cuz regulators can't help themselves, but No thanks.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#458

Post by asdff »

EQmWgw87pw wrote: post #431
asdff wrote: post #359

Earlier quoted context omitted.

This is what I struggled with after grad school. You have so many decent ideas. So many people you know in the domain also with their own good ideas. Everyone looking for their next gig. It could all be so easy to get a couple people together and start building. But, alas, money, that must come from people who expect more money back before long, which severely limits the scope of ideas that will get investor funding.…

Do you think most YC companies make money?

YC is even more limited in terms of ideas that get funding. I scrolled through the catalog the other day and everything on there is chasing the AI dragon.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#459

Post by Der_Einzige »

naveen99 wrote: post #442
Der_Einzige wrote: post #410

Let’s say I wanted to buy 100 million+ in anthropic stock. Let’s say it’s impossible to get anyone from anthropic with that kind of stock on the phone. Who should one contact to try to buy that stock? Don’t tell me the companies that invested and are listed in this website. Who else, and specifically, who else who’s willing to talk to a peon?

Someone with a $100M is not a peon.

Then riddle me this, why does no one from anthropic want to talk?

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#460

Post by naveen99 »

Der_Einzige wrote: post #459
naveen99 wrote: post #442

Earlier quoted context omitted.

Someone with a $100M is not a peon.

Then riddle me this, why does no one from anthropic want to talk?

They probably have an authorized mechanism for tender offers. Too much hassle to do it outside of that… also most of their employees shares probably haven’t vested yet. The early employees are already billionaires and don’t care to sell, and can probably just use them as collateral for loans… you can try a sales person from one of the secondary platforms like forge, EquityZen, hiive, or one of the syndicaters on angellist who has done past spv’s on Anthropic. Tell them you want $5M plus and give them a bid…
Post reply on HN