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Startups & Venture·October 19, 2026·1 min read

Eric Schmidt’s 1% Anthropic Stake Set to Pay Massive Windfall

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A 1% stake turning into a massive windfall on Anthropic’s IPO cements frontier labs as one of the highest-upside late-stage tech bets of the decade. Expect more strategic capital and ex-operator money to chase model equity rather than downstream application plays.