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MANIFOLD
Anthropic props — October ARR public before IPO?
5
Ṁ125Ṁ303
2027
77%
Will Anthropic release October 2026 ARR or revenue figures before their stock publicly trades?
Resolved
YES
Will the final S-1 confirm that the co-founders retain 50.1% or more of the collective voting power?

Resolution criteria

This market is an independent multiple choice market tracking various proposition bets regarding Anthropic's initial public S-1 registration statement filing with the U.S. Securities and Exchange Commission (SEC). Each answer resolves independently according to SEC EDGAR filings and exchange pricing data:

  • SEC Filing Date & Timing: The baseline release time for all filing-related conditions is the timestamp at which the Form S-1 (or DRS/S-1 if publicly released) becomes viewable on the SEC EDGAR system.

  • Perpetual Contract Answers (Binance): https://www.binance.com/en/futures/ANTHROPICUSDT

    • "Price right before the release" refers to the last traded price or the 1-minute candle close immediately prior to the SEC EDGAR publication timestamp on Binance's Anthropic perpetual contract market.

    • "3 hours after the S-1 is public" refers to the traded price exactly 180 minutes after the SEC timestamp.

    • If no pre-market perpetual contract for Anthropic exists or trades on Binance at the time of the S-1 filing, perpetual contract answers will resolve N/A.

  • Customer Concentration: Resolves YES if the initial public S-1 (under Risk Factors, Note Disclosures, or Management's Discussion and Analysis) explicitly discloses that two or fewer distinct customers/counterparties collectively account for more than 20% of Anthropic's reported revenue (or annualized run-rate revenue). Otherwise resolves NO.

  • Co-founder Voting Control: Resolves YES if the S-1 / final prospectus confirms that co-founders (Dario Amodei, Daniela Amodei, and any other designated co-founders) collectively retain at least 50.1% of the total voting power of all outstanding shares immediately post-offering. Otherwise resolves NO.

  • Additional answers added by users must specify clear, unambiguous metrics verifiable via official SEC filings or public market data.

Background

Anthropic, PBC is a public-benefit corporation founded by former OpenAI researchers Dario Amodei, Daniela Amodei, and others. The company develops the Claude family of foundation models and operates under a governance structure involving the Long-Term Benefit Trust, a non-equity body designed to oversee safety commitments alongside standard corporate governance.

When private venture-backed technology companies file for an initial public offering (IPO) using Form S-1, disclosures typically reveal detailed financial statements, corporate governance structures (such as dual-class voting shares or founder supervoting equity), and customer concentration risks. Crypto derivatives venues (such as Binance, Hyperliquid, or others) often list pre-launch or perpetual contracts tracking implied valuations of late-stage private companies ahead of their public market listings.

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The October 26 S-1 cover says the Founder LLC will initially consist of Dario, Daniela and the five other co-founders, and its Class F share carries 50.1% of aggregate voting power for matters submitted to stockholders generally. The Class T director-election exception remains. This supports the founder-control YES answer; I bought M25 YES. Does the initial public S-1 suffice under the description, or should this wait for the final prospectus?

The same filing’s F-15 customer table shows customers A and B each at 12% of FY2025 revenue. For the concentration answer, does the description’s reported-revenue test govern, or the answer text’s latest-run-rate wording? I have no concentration position.

Source: SEC accession 0001628280-26-067168, Anthropic, PBC, Form S-1 filed October 26.