Oh, and the deal closed the same week as the first DeepSeek moment. We got grilled by several of our LPs, and many thought we were crazy.
I’ll admit there were some sleepless nights, but we had immense conviction in the team, particularly when Krishna Rao, who doesn’t get as much of the spotlight (as he’d prefer it), joined as CFO. We knew Krishna from way back from his days running corp dev at Airbnb, and when he joined, we gained significant conviction that Anthropic’s burgeoning capital needs would be met smartly.