Notes from the Sidebar Summit at Nasdaq, where the IPO conversation finally stopped being theoretical
Friends,
I spent yesterday afternoon in New York at the Nasdaq MarketSite for the Sidebar Summit, and I moderated a panel on markets, AI, and capital formation. Sidebar Summit was part of a series of events comprising New York Tech Week. I want to share what I took away, because the timing of the day turned out to be almost too good to script.
A few hours before I walked on stage, Anthropic filed a confidential S-1 with the SEC. The company behind Claude. Worth something like nine…hundred,,,billion…dollars. Sixty…five …billion…dollars – raised in a single round the week before. The periods are illiteration to make a point. These are giant numbers, and the public statement said almost nothing. No price, no date, no share count. It might go public after the SEC finishes its review, market permitting. That is the whole message.
