carlossouza·hace 29 días·discussI'm just stating facts:- Amazon's CEO knew what he was doing and the possible consequences- Anthropic must raise cash, and there are only 2 ways: an IPO or follow-ons- If the IPO is blocked, existing investors will be able to increase their stake on Anthropic at a very attractive lower valuation- Amazon has 20% of Anthropic: so, they benefit from it
carlossouza·hace 29 días·discussOf course, Amazon wanted this to happen.They own 20% of Anthropic.Anthropic bleeds cash. They have to raise capital.There are only 2 ways: an IPO or follow-ons from existing investors.If the IPO gets delayed because of these restrictions, Anthropic will be forced to raise more capital from existing investors.And existing investors (Amazon) will end up owning more of Anthropic at a cheaper valuation.
carlossouza·hace 29 días·discussGood for Anthropic?Can you think of any case in history where the US government suspended product sales due to national security concerns and that was ultimately beneficial for the company being regulated?
carlossouza·hace 3 meses·discuss“Show me the incentives and I will show you the outcomes.” Charlie Munger
carlossouza·hace 3 años·discussAlthough I enjoy reading his essays, yes, they tend to be longer than usual.I wonder whether he uses an editor to provide constructive feedback before publishing it or just writes and clicks "publish."Interestingly, I found that point missing: people who do great work usually have editors/mentors/advisors to help them along the way.