No. of Recommendations: 3
Another interesting tidbit from the IPO filed yesterday: "Anthropic is proposing to allow some shareholders to start selling shares the day it goes public. For other shareholders, the lockup period would expire on the 27th, 48th and 62nd trading days. Typically, companies institute something closer to a 180-day freeze to try to prevent Day 1 volatility." (1)
A few ways to read this, one of which is the founders' and underwriters' concerns that ANT will indeed be a flash in the pan.
(another is that the Anthropic staff want a bolt hole if from their privileged perspective it looks like ANT is truly about to eat the planet)
-- sutton
(1) Andrew Ross Sorkin's daily NYT newsletter from today
