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Spoiler alert: it will be sold off to satisfy the debts of the bankrupt corporation. That's SOP for bankruptcy court, and it would take an extremely persuasive

• nl 3y ago
  It's unclear there are buyers for this amount of private shares at the market price. It's one thing for Google etc to invest billions in cash and cloud services[1] into Anthropic with the understanding that money will be used for engineering and growth. It's quite different for any buyer to come in and spend $4B on the secondary market for nothing but shares, with none of that money going to Anthropic. There is a large appetite for exposure to the big AI companies, so maybe the demand is there. But it's not as simple as selling a large stock holding on the public market. [1] https://www.axios.com/2023/10/30/google-invests-2-billion-anthropic-openai https://www.axios.com/2023/10/30/google-invests-2-billion-an...
  • kawhah 3y ago
    There's a buyer for everything at the right price. There are tons of big private equity funds and several trillion-dollar fund managers for which buying a 10% stake of a privately held 30 billion dollar startup would just be a question of some paperwork.
• quickthrower2 3y ago
  Maybe. It is not liquid like stocks though. They'll probably try to auction it off?
• AdamN 3y ago
  If there's a way to sell it at a fair price, yes. Otherwise, they have a fiduciary responsibility to hold it until a buyer can be found to pay a fair price. They won't hold it just to let it ride though - that's correct. IANAL :-)