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"

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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.

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xvector 2 hours ago | parent [-]

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

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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

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

some pension funds definitely do

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bryan_w 2 hours ago | parent | prev [-]

Who said anything about 401ks?

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

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

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xienze 3 hours ago | parent | prev [-]

Aren't they still losing billions per year?