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freediddy an hour ago

This is the first time I've seen a Public, Confidential S-1 filing.

Maxatar an hour ago | parent | next [-]

It's the contents of the submission that are confidential, not the fact that they are submitting.

The contents themselves contain a lot of detailed information about the internals of the company including financials, revenue, ownership details etc... those details are what's confidential until the SEC gives its approval, at which point the public can then review the document.

outside1234 an hour ago | parent [-]

What this means it that it won't survive scrutiny, so better hide it so that there is only a small amount of time to do it.

jmtulloss an hour ago | parent [-]

Why do you think this? Confidential filings before an IPO are standard practice.

Sol- an hour ago | parent | prev | next [-]

I suppose they announced it because the fact that they submitted it would leak anyway.

root-parent 22 minutes ago | parent | prev | next [-]

I like your sense of humor

iLoveOncall an hour ago | parent | prev [-]

That's how you know it's purely marketing and they're not actually going public.

0123456789ABCDE an hour ago | parent | next [-]

excuse me. what am i being sold, in this so called marketing?

iLoveOncall an hour ago | parent [-]

You? Nothing. Private investors? The dream of an IPO.

0123456789ABCDE 35 minutes ago | parent [-]

they closed series h, last thursday†. what are you on about?

https://www.anthropic.com/news/series-h

sh34r an hour ago | parent | prev [-]

Given how often these get leaked (see Palantir + SpaceX) and the cost of preparation, why would you ever file an S-1 unless you were serious?

iLoveOncall an hour ago | parent [-]

Because you want another funding round but you will get it only if investors think they're going to get their money back soon.