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Artificial Intelligence (AI), Blog Posts

Anthropic’s IPO Puts ~$216 Billion in Employee Hands. Another $160 Billion Is Reserved for the Next Hires.

Anthropic's employees hold ~$216B of equity at the IPO price. Another $160B is reserved for future hires. 5,300 employees. ~$41M each on average. Every B2B founder now competes for talent against liquid ANT stock.https://t.co/lMJbuEJzEQ pic.twitter.com/T6hdBolVeU — Jason ✨👾SaaStr.Ai✨ Lemkin (@jasonlk) November 10, 2026 Anthropic’s amended S-1 is out, and most of the coverage is about…
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Artificial Intelligence (AI), Blog Posts, SaaStr.Ai, Sales

AI Startups May Have Fewer Sales Reps. But Not as a Percent of the Team. Has The Playbook Really Changed All That Much?

The common view for the past two years has been that AI-native companies reach $100M ARR with very small teams, that agents handle much of the selling, and that the traditional B2B sales org is shrinking away. Part of that holds up. AI-forward companies do run smaller go-to-market teams in absolute terms. ICONIQ’s State of…
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