Browsing: IPO

Many investors stand to win big when Anthropic goes public. Stakes held by firms including Menlo Ventures, Sequoia, Sound Ventures, and Spark Capital are expected to return billions.

Anthropic’s public listing, which is expected this year at a valuation of as much as $2 trillion, is bound to be a windfall for both early-stage and later-stage investors. But even at the company’s latest private market valuation of $965 billion, the stakes held by many of those VCs and early backers already total billions.…

OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round at a valuation of roughly $1.4 trillion, Bloomberg reported on Tuesday.

Anthropic’s founders want to stay in charge after the company goes public. According to The Information, the company is asking shareholders to approve a structure “in the coming days” that would give CEO Dario Amodei and his six co-founders special shares carrying a combined 50.1% of the vote on most corporate matters, as long as…

Smart ring maker Oura is looking to raise as much as $2.2 billion in its upcoming IPO, but it looks like its current investors will be the ones making money in the process.

The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year. The company went from $697 million in revenue during the nine-month period that ended June 30 last year to $1.2 billion during the corresponding period this year.