Want to read more?
Already have an account? Log InVenture secondaries platform Forge won a reprieve from Anthropic's blacklist, while rival Hiive remains stuck in the Claude-maker's crosshairs.
The $600 million secondary deal will reportedly comprise stakes in five technology companies, including OpenAI, while providing a new commitment to Anthropic.
The order bars a former NPM employee from working at Hiive for a period of three months and from soliciting NPM employees and customers for one year.
The ongoing saga between the rival secondary market trading platforms continues to escalate, with new allegations that Hiive solicited employees to access proprietary information.
The crowdfunding initiative aims to support the establishment of new investment funds, including a VC secondaries evergreen offering, as well as finance GP stake acquisitions.
The Claude maker is reportedly seeking to raise $30 billion in what would be its largest funding round to date, at a $900 billion valuation.
The secondaries platform is suing rival Hiive for copying elements of its private share transfer and settlement technology.
The secondary sale reportedly fell short of its $6 billion expectation as employees look towards a highly anticipated IPO.
The secondary share sale, designed to provide liquidity to current and former employees, could amount to $6 billion.
The Claude-maker is reportedly pursuing the secondary share sale alongside a primary funding round.