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Anthropic CFO Krishna Rao's stake worth $703 million

By · Via Times of India · Published by Everything Blog

In short

The valuation of the executive's stake is tied directly to an expected offering range between $70 and $78 per share, valuing the total holding at roughly Rs 6,300 crore. Because the position encompasses stock options alongside equity-linked awards, the calculated total represents a theoretical gross figure rather than actual liquid earnings. The corporate leadership plans to keep this ownership intact without offloading shares during the listing process.

Key points

  • Krishna Rao will not sell any of his equity holdings during the artificial intelligence f…: Krishna Rao will not sell any of his equity holdings during the artificial intelligence firm's public offering.
  • The reported $703 million valuation is an indicative figure calculated at the midpoint of…: The reported $703 million valuation is an indicative figure calculated at the midpoint of the proposed price range.
  • Anthropic updated its regulatory prospectus with the United States Securities and Exchang…: Anthropic updated its regulatory prospectus with the United States Securities and Exchange Commission to disclose the executive share counts.

Sources checked by our analysis pipeline: 1

BENGALURU: Krishna Rao, Indian-origin chief financial officer of Anthropic, holds 9.4 million shares in the AI company. At the midpoint of its proposed

IPO price range of $70-$78 per share, the holding carries a gross notional value of about $703 million (approximately Rs 6,300 crore).

According to Anthropic's updated IPO prospectus filed with US Securities and Exchange Commission, Rao holds 94,97,900 shares. He is not among the shareholders selling shares in the IPO, and his shareholding will remain unchanged after the offering. The $703 million valuation is indicative and does not represent the amount he would realise from a sale, as the holding includes equity-linked awards and stock options.

Rao joined Anthropic as CFO in April 2024. Before joining Anthropic, Rao was CFO of Fanatics Commerce, an online sports merchandise and retail platform, from May 2023 to April 2024.

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