‘Paralyzed’ US IPO Market Asks If There’s Life After Anthropic
THE SO WHAT
The US IPO window is effectively gated on a single AI name—Anthropic—turning one listing into a macro sentiment referendum for late-stage tech. If you’re a pre-IPO CFO or founder, plan for extended private life: structure converts and secondaries assuming 12–24 months of uncertainty rather than a quick follow-on after the next headline AI float.
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