Anthropic backers' stakes worth up to $17B before IPO

Eric Schmidt invested in Anthropic’s Series A in 2021 at a $461 M valuation; his 1% stake is now worth nearly $10 B. Iconiq wrote a $6 B check when the company was valued at $183 B, and its stake is now worth $17 B. Menlo Ventures has invested over $1 B, now valued at $14 B. Sequoia’s $3 B investment at a $380 B valuation gave it about 1% ownership, already more than doubled. Sound Ventures invested $35 M.