Eric Schmidt acquired the shares as an early angel investor, back when the startup's cap table was primarily dominated by nonprofits and individual super angels. This funding structure remained largely in place until the company's Series C round, providing Schmidt with a significant ownership piece before the company attracted mainstream venture capital.
Tuesday, October 20, 2026
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Former Google CEO Eric Schmidt Revealed as $20B Anthropic Shareholder
Startups1 day ago
A roughly 1% equity position in the AI developer was held by a former Google chief executive who entered the company during its infancy. The stake is potentially valued at $20 billion according to newly revealed details, as the firm prepares for an initial public offering.
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