[LatteLazy]

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?

[blitzar]

> 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.