Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.

Image for article Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.
News Source : Business Insider

News Summary

  • Anthropic's private market valuation has recently soared to as much as $1.5 trillion.
  • In June, it filed paperwork to go public, with an expected public market debut in the next few months.
  • Since Anthropic is still private, the vast majority of investors buy on secondary markets, where existing stock is sold by employees or early investors.
  • "People are trying to position themselves ahead of the IPO," said Adam Crawley, president of Augment, a marketplace to invest in private shares.
Dario Amodei is the cofounder and CEO of Anthropic,Bloomberg/Getty Images Since Anthropic is still private, the vast majority of investors buy on secondary markets.

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