FTX's Anthropic Shares Liquidation is Approved

Weekly Edition & Stock Spotlight

March 5, 2024

Hill Chart Shape

ApeVue50 Index & Sectors 1Y Performance

Most Active Names Performance

ApeVue50 Privates versus Public Benchmarks/ETFs

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Sectors

AI, SaaS

Headquarters
San Francisco, CA, USA
CEO
Dario Amodei

Stock Spotlight - Anthropic

Anthropic is dedicated to AI safety and research, with a focus on enhancing the security of large-scale AI systems. The company's business model revolves around developing and selling AI technologies, such as its well-known chatbot, Claude, while prioritizing safety measures. The company has raised significant funding, including $7.3 billion in the past year, to support its mission and continue to innovate in AI safety. Recently the bankrupt cryptocurrency exchange FTX has been granted permission to sell its 7.84% ownership in the company.

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Latest News and Updates on Anthropic

FTX's Sale of Anthropic Shares Approved — Bankrupt crypto exchange FTX has received approval to sell its 7.84% stake in AI startup Anthropic. The sale is part of FTX's efforts to liquidate assets and repay customers affected by its collapse in 2022. Click here to read more.

Anthropic's Election Misinformation Shield — Anthropic is testing a new technology, Prompt Shield, to direct users to reliable voting information when they ask about politics. This move aims to tackle Claude's limitations in providing accurate election details. Click here to read more.

Anthropic's $7.3 Billion Funding Spree — Anthropic has raised  $7.3 billion over the past year, with investments from major players. The company's valuation has tripled to $15 billion. The company continues to seek funding to support the constant updating and expansion of its technology, with a recent $750 million investment facilitated by Menlo Ventures. Click here to read more.

Anthropic's Financial Data

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Anthropic YTD

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Anthropic 90D

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Anthropic 30D

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Last Round Valuation

Series D

2024-01-29 -> $22.8B (filing) / $18.4B (news)

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Implied Valuation

2024-02-26 -> $23.96B (filing) / $19.3B (news)

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Change Since Last Round

+5.07%

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*Series D filing valuation calculated based on estimated share count from Anthropic’s most recent filings.

Funding Round in USD

Quarterly Bid:Ask Volume Ratio

YTD Average Volatility of AV’s Composite Price

Anthropic and Private Comparables in the AI Sector

ApeVue evaluated data covering 15 AI companies to compute the AI sector index for March 2024. Among those companies, ApeVue included companies with a composite price on 2024-02-26 and 2023-11-29 (90D prior), and those with more than 2 valid contributions in that 90D period.

90D % Change Price

90D Bid:Ask Volume Ratio

ApeVue highlights bid:ask volume ratios for the past 90 days from 2023-11-292023-11-22 until 2024-02-26.

Volatility Composite & Underlying Contributions

Volatility of the composite price and underlying contribution are calculated as movement over previous 90 days.

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