Owning Anthropic stock is like finding Willy Wonka’s Golden Ticket. Everyone wants it. Nobody’s giving it up.<\/p>\n
As Charlie is mobbed by the crowd, the newspaper vendor shouts: “Run for it, Charlie! Run straight home, and don’t stop ’til you get there!”<\/p>\n
Judging by the secondary market, that’s precisely what Anthropic shareholders are doing<\/a>.<\/p>\n Anthropic has soared to a $1.2 trillion valuation on secondary markets, but nobody wants to sell.<\/p>\n Some can’t even be tempted by this $5.99 million Brooklyn home<\/a>.<\/p>\n One broker told BI that if he could satisfy everyone trying to buy, “I’d be on a beach right now.”<\/p>\n With Anthropic yet to go public, most investors have little choice but to hunt for shares on the secondary market, buying from employees and early backers.<\/p>\n Where demand runs this hot, dubious deals<\/a> inevitably follow.<\/p>\n Anthropic has been explicit: If someone offers you a way to invest indirectly, “assume that it is invalid.”<\/p>\n Still, plenty of investors are willing to chance it rather than miss what they see as the opportunity of a lifetime.<\/p>\n BI’s Ben Bergman dug into the frenzy, spoke to the brokers trying to get deals across the line, and found a private market that’s beginning to resemble a modern-day gold rush<\/a>.<\/p>\n