Wait did I see “ Ontario Teachers' Pension Plan” as an investor?

Are they putting Canadian public funds into Anthropic?

Ontario Teachers' is a pretty active principal in venture/growth financings and a major LP to a bunch of funds. That said, venture/growth is a pretty small percentage of their holdings.

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[1] https://www.crunchbase.com/organization/ontario-teachers-pen...

[2] https://www.otpp.com/en-ca/investments/our-investments/teach...

That's how investments these big get made: pension funds and other similar trusts need returns, and at a certain point if softbank says they have a way to deploy billions of dollars you don't have better options...

To me, 'public pension monies' (more or less, retirement savings from citizens who happen to work for the government) and 'public funds' don't seem like the exact same thing. To me, public funds implies money from the government budget or sovereign wealth funds.

Although I admit that the government may be on the hook to replenish any spectacular failures in such a pension plan so in that way, it is somewhat fair -- though I doubt any one investment is weighted so heavily in any pension fund as to precipitate such an event.

They're a huge VC. Paid my wages for a few years.

Weren't they also a significant investor in FTX?

Yes.