Jared Carmel runs a $3.7 billion venture secondaries platform, which means he trades pre-IPO stakes for a living, and he tells Brian Sozzi the Anthropic IPO should come well below the $2 trillion the market has been talking about. His reasoning is that valuations have been offsides for years and this one needs to be priced to sell to the buyer rather than to the company. He also argues SpaceX and Tesla already operate as one business, says OpenAI made a mistake not listing this year, and flags that token spending has flipped from foundational models to open weights.
Featuring
Brian Sozzi, Executive Editor, Yahoo Finance
Jared Carmel, Co-Founder and Managing Partner, Manhattan Venture Partners
Watch the full episode of Sozzi Unleashed: https://youtube.com/live/B9GEeMS2wpk
Timestamps
0:00 When the S-1 lands, and what has to be in it
2:29 Is $2 trillion the right number
4:36 The token spend flipped to open weights
5:37 Dario Amodei is not Elon Musk
7:21 “One company that hasn’t filed the paperwork yet”
8:52 Why SpaceX has to keep raising
#Anthropic #IPO #SpaceX #SozziUnleashed #YahooFinance
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