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Anthropic's IPO promises windfall gains for Iconiq, Spark and GIC

TechnologyInternationalBloomberg Línea35 s readAI summary
Image: Bloomberg Línea

Anthropic's imminent IPO would generate multibillion-dollar gains for the funds that backed it. Iconiq has invested more than US$6 billion and holds a stake valued at about US$17 billion, based on the company's US$965 billion private valuation. Spark Capital invested US$75 million in 2023 and its stake is now worth US$7 billion. Singapore sovereign fund GIC holds about 1% after investing more than US$4.5 billion. The company is expected to file its IPO paperwork in the coming days.

In 35 seconds

  • Iconiq holds an Anthropic stake valued at about US$17 billion after investing more than US$6 billion
  • Spark Capital invested US$75 million in 2023 and its stake is now worth US$7 billion
  • GIC holds about 1% of Anthropic after investing more than US$4.5 billion
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

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