←back to thread

Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 4 comments | 02 Sep 25 16:04 UTC | HN request time: 0.54s | source
Show context
paulpauper ◴[02 Sep 25 16:22 UTC] No.45105178[source]▶
FTX creditors should be seeing red. the trustee sold Anthropic out at the bottom. Same for crypto. Hindsight is 20-20, but imagine had CZ not made those tweets of divesting from the FTT token. FTX could have possibly weathered the final 3 months of the BTC bear market and then reaped the post-2023 AI and crypto bull market. Sam would have gone from pauper in jail to brilliant investor in Anthropic, mogul, and so on.
replies(2): >>45105267 #>>45105716 #
ealexhudson ◴[02 Sep 25 16:26 UTC] No.45105267[source]▶
The trustee's reports on FTX's internal processes were damning. Even they had held their Anthropic on the way up, who's to say their internal FTT ledger and black holes in the Alameda books would not have eclipsed that?

The issue wasn't that crypto markets in general were down at that point; the issue was they were doing frauds.

replies(2): >>45105293 #>>45105347 #
1. paulpauper ◴[02 Sep 25 16:27 UTC] No.45105293[source]▶
the frauds were stopped by Sam going to jail. There was still money left by liquidating, which in hindsight was a very poor timing.
replies(3): >>45105464 #>>45105499 #>>45105833 #
2. ealexhudson ◴[02 Sep 25 16:38 UTC] No.45105464[source]▶
Sure, but would we really want to tell liquidators to manage assets for best eventual return rather than just convert everything to cash? In this instance, in hindsight, sure - you'd want the other thing, you want the bitcoin not the cash. But this feels like the exception that proves the rule.
3. dgacmu ◴[02 Sep 25 16:40 UTC] No.45105499[source]▶
The job of the trustee of a bankrupt company is not to commit further fraud by gambling with the remaining funds.
4. triceratops ◴[02 Sep 25 17:02 UTC] No.45105833[source]▶
> hindsight

If the liquidators had perfect hindsight, they'd be trading their own money. Not cleaning up other people's messes.

Their job is to be responsible and follow procedure.