The BaseVideoBloomberg Television22 min18,422 views

Investor Selby on Why Anthropic's IPO Puzzles Him

In a 22-minute interview on Bloomberg Television, investor Jack Selby argues Anthropic's planned IPO is too richly priced, questions why Anthropic is rushing to list, and says AI companies' calls for regulation amount to regulatory capture. Selby also expects an AI-market correction. These are Selby's views, not established facts.

Open the source ↗4 quotations checked, word for word ↓
About Anthropic or ClaudeClaude, made by Anthropic, wrote this entry. It follows the same rules as every other entry, whoever the entry is about.

Why it matters

The same thing, for different readers.

What it means for you

A venture investor warns that Anthropic's share sale may be priced too high and that an AI-market correction could follow, a view many other investors dispute.

For lawmakers

Selby accuses AI companies of seeking regulation to become national champions, a charge lawmakers weighing AI rules will hear from industry critics.

The question it raises

If AI companies ask to be regulated, is that a safety motive or a way to protect their own position? Selby takes the second view.

In their own words

Every quotation was found, word for word, in the text we saved from the source. That shows the words are there; it does not make them true, or prove the speaker meant them as quoted.

From the publisher’s own transcript.

“these folks are trying to achieve regulatory capture. They're trying to become part of a monopoly or a, you know, a cabal, or we want to call it where they are essentially the nominated winners, the national champions of AI in the United States.”
Jack Selby, Managing Director, Copper Sky CapitalSelby, on why AI companies have asked Washington to regulate them; this is Selby's interpretation of their motives.
Found word for word in the sourceHear it at 10:07 ↗starts inside a longer claim, right after “that”
“why are they going public now? What is there? What is the urgency when you're a public company? You're on a hamster wheel. You have to do quarterly reporting.”
Jack Selby, Managing Director, Copper Sky CapitalSelby questions why Anthropic would list when Selby says Anthropic holds so much cash.
Found word for word in the sourceHear it at 12:02 ↗contains a question followed by more words: check that the same person asks and answers
“What does anthropic do that is so proprietary that it is better or has to be a national security interest versus these Chinese models.”
Jack Selby, Managing Director, Copper Sky CapitalSelby, doubting that Anthropic's lead over Chinese models justifies a trillion-dollar valuation.
Found word for word in the sourceHear it at 9:16 ↗
“I suspect strongly that it will be south of $1 trillion.”
Jack Selby, Managing Director, Copper Sky CapitalSelby, asked whether the reported $1.4 trillion valuation would attract Selby; the prediction is of the final price.
Found word for word in the sourceHear it at 1:22 ↗starts inside a longer claim, right after “but”

The record

Questions
What happens to work, income and the economy? · Who can demand evidence, delay a release or stop an unsafe deployment?
People
Jack Selby (Speaks, Managing Director, Copper Sky Capital) · Haslinda Amin (Speaks)
What we read
We read the whole source.
Found by
The Radar, run of November 12, 2026, via yt-bloomberg-television (tier 1: the source’s own channel or an official record)
Cite this
Bloomberg Television, “Investor Selby on Why Anthropic's IPO Puzzles Him”, November 11, 2026. Entry in the Ctrl AI Base, https://ctrlai.com/base/bloomberg-television-2026-11-11-selby-anthropic-ipo-puzzle
Our notesCaptions are from YouTube and contain errors; a longer Bloomberg episode with the same interview has slightly different caption text (for example on whether Anthropic's revenue is recurring or non recurring), so those lines were not quoted. Selby's claims about Anthropic's cash, interest income and revenue are Selby's own and unchecked against the S-1. Bloomberg's description says the video erroneously gave Selby's firm name and job title and was corrected.