Seven Anthropic founders each plan to cash out about $250 million in the IPO.

Anthropic’s seven co-founders will each sell 3,378,378 shares in the company’s IPO, raising roughly $250 million apiece at the $74 midpoint of the $70–$78 offering range. After the sale, each founder will hold about 3.2% of issued Class A stock, with the seven collectively owning around 22%, a figure that does not represent their full equity stake. Each founder will also receive one Class F share carrying super-voting rights, giving the group 51.1% of voting power. The structure matters because it lets the founders cash out substantial proceeds while retaining majority control after the listing. Next, watch the final IPO pricing and how public investors respond to the dual-class governance arrangement.