Categories
Corporate

Anthropic lets employees sell up to $6 bn in shares

AI startup offers staff a chance to cash in at $350 billion valuation

AI company Anthropic has launched a major share sale for its employees and former staff, allowing them to sell up to $5–6 billion worth of company stock. The move lets workers access some of the value they have helped create without waiting for an IPO or company sale.

The share sale is based on a valuation of around $350 billion, close to the level from Anthropic’s recent $30 billion funding round, which valued the company at roughly $380 billion. This reflects strong investor confidence in the company’s AI technology and growth.

Only employees who have worked at Anthropic for at least a year can participate. The shares will be sold to outside investors, not the company itself, and the total amount sold will depend on how many staff choose to take part.

This type of secondary stock sale is increasingly common among high-value tech startups. It allows employees to cash out some of their equity while keeping the company private. Similar plans have been used by companies like Stripe, SpaceX, and OpenAI to reward employees and retain talent in competitive AI and tech markets.

Anthropic has grown rapidly, attracting major investments and expanding its AI products and customer base. By letting employees sell shares now, the company gives them an early opportunity to benefit financially from their work, something usually only possible after a public listing or company acquisition.

Company officials have not publicly commented on the details of the share sale, and the final terms may change as the process continues.

Also Read: Amazon opens second-largest Asia office in Bengaluru

Leave a Reply

Your email address will not be published. Required fields are marked *