Anthropic tried to crack down on 'nightmare' investment deals. They're still everywhere.
Anthropic CEO Dario Amodei said that the company, which plans to open an India office early next year, was attracted to the country's technical talent. Chance Yeh/Getty Images for HubSpot Anthropic has tried to clamp down on SPVs, or special purpose vehicles. Business Insider found multiple examples of SPVs being used to market Anthropic shares. SPVs often don't offer shares in the company and come with high fees. Even as Anthropic has tried to clamp down on a popular investment vehicle, Business Insider found multiple examples of SPVs, or special purpose vehicles , being used to market Anthropic shares. SPVs, which let investors pool their funds for a single, one-off deal, are generally considered less desirable for hot startups because most companies prefer a direct relationship with investors. While Anthropic permitted SPVs in earlier rounds, as its leverage with investors increased, it started disallowing them last summer , as Business Insider previously reporte...
