Bloomberg reported on 15 November that Sound Ventures’ stake of roughly half a percent in Anthropic would be worth approximately $7 billion at the Claude maker’s $1.4 trillion target IPO valuation. The firm, co-founded by music manager Guy Oseary, has invested approximately $435 million in Anthropic over the years. At the target valuation, Bloomberg estimates that the value of the position would be roughly 1,500% above the capital invested.
Anthropic chief executive Dario Amodei met Oseary and actor-turned-venture capitalist Ashton Kutcher at Oseary’s Beverly Hills home in 2023. After their discussions, Sound Ventures decided to join Anthropic’s first institutionally led funding round. Its initial investment was $35 million in the company’s spring 2023 Series C, which valued Anthropic at roughly $4.6 billion before the new capital, Crypto Briefing reported.
Anthropic’s IPO is expected in the coming days, Bloomberg reported. AI Affairs previously reported that orders for the IPO had reached six times the shares on offer.
