{"id":815883,"date":"2026-10-27T22:30:12","date_gmt":"2026-10-27T22:30:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/815883\/"},"modified":"2026-10-27T22:30:12","modified_gmt":"2026-10-27T22:30:12","slug":"spark-capital-is-the-only-vc-firm-mentioned-in-anthropics-s-1","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/815883\/","title":{"rendered":"Spark Capital Is the Only VC Firm Mentioned in Anthropic’s S-1"},"content":{"rendered":"

Spark Capital’s Yasmin Razavi has a reputation<\/a> for refusing to make gut calls. Her methodical decision to invest in Anthropic is now set to generate one of the biggest fortunes<\/a> in Silicon Valley history, as Anthropic prepares to IPO.<\/a><\/p>\n

Many venture firms, including Lightspeed and Menlo Ventures,<\/a> are major Anthropic investors, but Spark is the only traditional VC firm named in the filing. And it’s not just a few mentions. Spark is named more than 50 times.<\/p>\n

The reason Spark gets the most ink is because Yasmin Razavi has a board seat after being the first institutional investor in the company, leading the $450 million Series C at a $4.5 billion valuation in May 2023.<\/p>\n

This was just six months after ChatGPT was released to the public, and the jury was out on whether a rival like Anthropic could catch up. Many balked at the price, calling it too expensive.<\/p>\n

“It was a big leap of faith, but this was the team that built GPT-3,” Razavi told Forbes.<\/a><\/p>\n

The filing says that Spark has invested $777 million in Anthropic across six financings since then, including $75 million in the first pivotal round at $11.22 per share.<\/p>\n

Spark was already known for making early bets on Postmates and Discord, but it was the Anthropic investment that transformed the firm’s Silicon Valley reputation from a good venture firm to a great one.<\/p>\n

Razavi said she has been continuously wowed by CEO Dario Amodei.<\/p>\n

“Every year, he puts out outrageous numbers, but somehow they magically become true,” Razavi told Forbes. “Dario never misses.”<\/p>\n

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Soon, Amodei will face a greater test: the public markets.<\/p>\n

Please send along your tips. Email Ben<\/a> or Katie<\/a> anytime or contact them on Signal at benbergman.11<\/a> and kroof.26<\/a>. Sign up for Business Insider’s weekly VC Insider newsletter here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Spark Capital’s Yasmin Razavi has a reputation for refusing to make gut calls. Her methodical decision to invest…\n","protected":false},"author":2,"featured_media":815884,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[1119,84,1941,267742,267744,4203,34337,46741,267741,103817,267743,267745,20626,10109,195642,219924,56,54,55,267740],"class_list":["post-815883","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-anthropic","tag-business","tag-business-insider","tag-early-anthropic-bet","tag-email-ben","tag-entrepreneurship","tag-filing","tag-forbes","tag-many-venture-firm","tag-menlo-ventures","tag-only-vc-firm","tag-postmates","tag-public","tag-silicon-valley","tag-spark","tag-spark-capital","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-yasmin-razavi"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/815883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=815883"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/815883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/815884"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=815883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=815883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=815883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}