Anthropic taps IPO lawyers as it races OpenAI to go public
1–10 of 322 posts
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#2> In a statement, an Anthropic spokesperson said: “We have not made any decisions about when, or even whether, to go public.”
They are going public.
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#3> In a statement, an Anthropic spokesperson said: “We have not made any decisions about when, or even whether, to go public.” They are going public.
[flagged]
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#4Okay, let’s see you guys get passed the inference costs disclosure. According to WSJ it is enough to kill the frontier shop business model. It’s one of the biggest things blocking OpenAI
https://www.wsj.com/tech/ai/big-techs-soaring-profits-have-a...
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#5> In a statement, an Anthropic spokesperson said: “We have not made any decisions about when, or even whether, to go public.” They are going public.
[flagged]
The optimistic view is that Anthropic is one of about four labs in the world capable of generating truly state-of-the-art models. Also, Claude Code is arguably the best tool in its category at the moment. They have the developer market locked in.
The problem as I see it is that neither of those things are significant moats. Both OpenAI and Google have far better branding and a much larger user base, and Google also has far lower costs due to TPUs. Claude Code is neat but in the long run will definitely be replicated.
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#6[flagged]
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#7> In a statement, an Anthropic spokesperson said: “We have not made any decisions about when, or even whether, to go public.” They are going public.
[flagged]
1. Sounds like exactly when early investors and insiders would want to cash in and when retail investors who “have heard of the company and like the product” will buy without a lot of financial analysis.
2. A 300bn IPO can mean actually raising n 300bn by selling 100% of the company. But it could also mean seeing 1% for 3bn right? Which seems like a trivial amount for the market to absorb no?
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#8Okay, let’s see you guys get passed the inference costs disclosure. According to WSJ it is enough to kill the frontier shop business model. It’s one of the biggest things blocking OpenAI https://www.wsj.com/tech/ai/big-techs-soaring-profits-have-a...
Do you mean as part of going public they need to make public how much they spend on inference versus how much they make?
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#9Earlier quoted context omitted.
[flagged]
1. Sounds like exactly when early investors and insiders would want to cash in and when retail investors who “have heard of the company and like the product” will buy without a lot of financial analysis. 2. A 300bn IPO can mean actually raising n 300bn by selling 100% of the company. But it could also mean seeing 1% for 3bn right? Which seems like a trivial amount for the market to absorb no?
> A 300bn IPO ... raising 3bn
Would be so massively oversubscribed that it would become a $600bn company by the end of the day (which is a good tactic for future fund raising too).
I suspect if/when Anthropic does its next raise VCs will be buyers still not sellers.
Re: Anthropic taps IPO lawyers as it races OpenAI to go public
#10Earlier quoted context omitted.
[flagged]
The optimistic view is that Anthropic is one of about four labs in the world capable of generating truly state-of-the-art models. Also, Claude Code is arguably the best tool in its category at the moment. They have the developer market locked in. The problem as I see it is that neither of those things are significant moats. Both OpenAI and Google have far better branding and a much larger user base, and Google also h…
> Claude Code is arguably the best tool in its category at the moment. They have the developer market locked in.
I am old enough (> 1 year old) to remember when Cursor had won the developer market from the previous winner copilot.
Google or Apple should have locked down Anthropic.