ash · curated rwa yield
@incyd__
Joined June 2017
579 Following 1.5K Followers
$562m to the banks for the Anthropic IPO
"show me the incentive and i will show you the outcome" Charlie Munger
this design favours the large allocators
existing shareholders leave money on the table, and most people can't get in at the offer price
who is gonna get rekt?
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Almost $600 million fee pool coming for the banks from the Anthropic IPO.
Biggest winners: Goldman Sachs + Morgan Stanley
