Anthropic's $2 Trillion IPO: What Investors Need to Know Now
This time, Jan and Christoph discuss the IPO that half the tech world is waiting for: Anthropic. Annualized revenue has jumped from around $9 billion to over $65 billion in just a few months, with a valuation of up to $2 trillion being discussed. This could potentially make it an even bigger IPO than SpaceX.
Jan explains why prediction markets are firmly counting on an October IPO, what Anthropic’s lead over rival OpenAI actually means, and how such a valuation can be justified at all. They also address the biggest counter-argument: the rise of open-source AI, which is putting pressure on prices and becoming increasingly popular with corporate clients.
In addition, Jan reveals why he has already invested himself: through BIT Capital’s newly launched crossover fund, he has secured pre-IPO shares in Anthropic, OpenAI, and Open Evidence. He explains what the vehicle offers, how he would handle the stock after an IPO, and what advice he has for retail investors who want to get in on the IPO.
Finally, the two answer listener questions about the BIT Capital ETF (ISIN: DE000A4231H9). You can find more information about the ETF here.
Do you have any feedback, criticism, or comments? Email us at beckers-bets@financefwd.com.
