Full Damodaran post: my Anthropic IPO valuation and governance risk breakdown
rohanpaul_ai · x · 2026-10-29
Link post to Damodaran's full Musings on Markets piece 'The Anthropic Prospectus Arrives.' After Anthropic filed its prospectus on Oct 26, he delivers his own (as opposed to market-priced) IPO valuation, continuing his series on SpaceX, OpenAI and aggregate AI investment. He argues the benefit-corporation structure plus founder-controlled voting is 'ESG-style self-serving structure on steroids,' and flags that investors from 19 funding rounds may cash out at retail investors' expense.
Related event: Damodaran Values Anthropic at $1.475 Trillion, Rips Its Governance(4 posts)→
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