Ryan Sean Adams
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, this just sounds so messy.
It sounds like every single SPV is kind of like facts and circumstances.
They have their own governance about how they decide to pass on cash or stock and when.
And so this is not like an instantaneous like clearing of the books when these things get liquid.
It's just like this seems like it's going to be really messy.
Yeah.
Not from Anthropic's perspective, because like at some point, Anthropic just like doesn't really care.
Like they issued the stock.
That's all they have to worry about.
Like the higher level SPVs can just have to deal with it.
Interesting.
How just like bad is this going to get?
Like how many legal cases, how much dollar at stake, how messy is it going to be?
How long is it going to take to clear up?
So they took a loss and then they're like, I'll trade to make it back.
That's a separate story.
And by fucking up, you mean they bought illicit shares, fraudulent shares?
Yeah.
Yeah.
Right.