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▲ jawiggins 3 hours ago

This author seems to be focused on if Anthropic will continue to grow and return value in the future. But it's disappointing that no one has questioned why they waited so long to go public. If they had gone public at a $100b evaluation, everyday people and pension funds could have invested in and seen the returns that AI has already delivered. Instead, Anthropic leadership runs around saying how AI need to benefit society as a whole rather than a select few, meanwhile they have kept the benefit of >$1t for themselves and refused to share it with others.

▲thevinter 3 hours ago | parent [-]

A year ago Anthropic was losing billions per year. I'm sure that if it had listed and then collapsed everyone would've gone "first they run around saying how AI needs to benefit society and then they dump a cash-burning company on pension funds"

▲jawiggins 3 hours ago | parent | next [-]

But pension funds are already invested in them through the VC funds. The only difference is (more) people would be able to invest in Anthropic without paying management fees to middlemen.

▲xvector 2 hours ago | parent [-]

Most 401ks and pension funds do not invest in pre IPO companies, this is just blatant misinformation

▲JumpCrisscross 2 hours ago | parent | next [-]

> Most 401ks and pension funds do not invest in pre IPO companies

Pensions do, individuals don’t.

“Less than 1% of the $14 trillion in assets in the defined contribution retirement system is invested in private markets, compared with approximately 24% for U.S. public pension funds and 17% for private pension funds as of 2023” [1].

[1] https://bipartisanpolicy.org/article/the-role-of-private-mar...

▲senordevnyc an hour ago | parent [-]

“Private markets” is not the same thing as pre-IPO companies

▲drdrey 2 hours ago | parent | prev | next [-]

some pension funds definitely do

▲bryan_w 2 hours ago | parent | prev [-]

Who said anything about 401ks?

▲NewJazz 3 hours ago | parent | prev | next [-]

Better to dump it when valuation is low instead of inflated.

▲xienze 3 hours ago | parent | prev [-]

Aren't they still losing billions per year?