Valuation expert Aswath Damodaran criticizes Anthropic's share voting structure ahead of IPO

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Ahead of a possible initial public offering, valuation specialist Aswath Damodaran has weighed in on Anthropic's share voting arrangement. He reportedly said the structure is so concentrated in control that it would embarrass even North Korea's Kim Jong Un. Damodaran also projects that Anthropic's annual revenue could approach $1 trillion by 2036. He expects the company to achieve an operating profit margin of 27.5 per cent in that period. The remarks focus on governance concerns for investors weighing the company's future public listing.

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