Yasmin Razavi's Anthropic Bet: $3B Gain from Early Investment

Yasmin Razavi, a partner at Spark Capital, has turned an early investment in Anthropic into a significant gain. She led a $450 million financing round for Anthropic in May 2023. Her initial commitment of about $75 million has reportedly resulted in an estimated $3 billion paper gain. Razavi described the May 2023 check as the "biggest check we had written in the history of our firm." Anthropic is now valued at $380 billion and is reportedly in talks for a $900 billion valuation, with whispers of an IPO later this year. This demonstrates the substantial returns possible from early bets in rapidly growing tech sectors.