It’s an interesting question. The shares are likely not transferrable without amending the LLC agreement or whatever. If you want in on Anthropic, though, and you know the FTX estate has to liquidate, then there’s a chance you can get to a good price; maybe less than $3B but probably not a ton, because lots of other people want in too.
On the other hand, the current investors probably won’t want to make an exception for FTX if they know it’s going to cause them to write down their stakes.
Lots of investors want in on Anthropic and OpenAI but can't. Getting access to shares to participate in this market (with market leaders) is not easy, especially not at scale. Amazon and Google were willing to pay an above-market premium to align strategically, but financial investors I can see do 80-90% of that valuation and be very happy.
