Investors will have to get comfortable with a public Anthropic (ANTH.PVT) spending billions of dollars to support its AI vision.
There is a precedent for this in tech: Amazon (AMZN), which moved from bookstore to cloud computing powerhouse and online shopping behemoth.
“It [Anthropic’s IPO’s] reminds me of a kind of a couple of things. I got to work with Jeff Bezos for a long period of time. And he always said, ‘We’re willing to be misunderstood for long periods of time,'” Kleiner Perkins partner and Electronic Arts co-founder Bing Gordon said on Sozzi Unleashed. Gordon was also an early board member at Amazon.
“I was in the boardroom when we kept having to approve capex for AWS, kind of no profit in the short term. A lot of capex,” Gordon added. “And there was one year where we said, oh my God, it’s $75 billion in capex. That would be like the top 10th country in the world … The board was freaked out early on when we weren’t showing free…
