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Reed Hastings

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Anthropic's seven co-founders each to sell $250M in shares at IPO

Anthropic's S-1 filing shows each of its seven co-founders plans to sell 3,378,378 shares in the company's upcoming IPO, which has a proposed price range of $70 to $78 per share. At the midpoint price of $74, each founder would net nearly $250 million in cash from the sale.