How to Invest in Anthropic: The Real Routes

How to invest in Anthropic is the question underneath Dr. Mark Skousen and Matt McCall’s “XAI Boom” presentation, and the pitch’s answer is its best idea: you cannot buy Anthropic directly because it is private, but you can buy a public company that already owns a piece of it, and the campaign names one for free. If you searched the question, here are the real routes, honestly ranked, with what the pitch claims about each and what verifies. The complete campaign treatment is our XAI Boom review.

Route One: The Named Backdoor (SK Telecom)

The campaign’s free pick is SK Telecom (NYSE: SKM), and the pitch explains the mechanism in one line: “most American investors have never noticed this company. And on the surface, it looks like an ordinary telecom stock pays a 2.4% annual dividend. Pretty boring, right? But no, because now you know what’s hiding inside of it. A direct stake in the hottest company in the market bought years before [the] IPO.”

The facts verify. SKT’s $100 million Anthropic investment was announced in August 2023, documented in the company’s own press release and Reuters coverage, alongside a strategic partnership. The pitch’s scenario math: the stake “has grown to be worth close to $6,000,000,000 And that’s before Anthropic goes public,” with the IPO expected at a $1.8 to $2 trillion valuation. Our honest caveats: third-party estimates of the stake’s current value vary widely, the $6 billion figure assumes the full $2 trillion listing, and Morningstar lists the dividend yield around 2.09% against the pitch’s 2.4%. The scenario ladder runs from a three-to-five-bagger base case to “At 30%, potentially nine times your money over the long haul,” all extrapolation on top of an estimated valuation.

Route Two: The Mechanism, Generalized

The pitch’s “second IPO” concept is the transferable lesson: “When the private company goes public, the market suddenly wakes up to the value that’s hiding inside the company that already owns it.” The precedents are real and checkable: Ford “quietly snapped up 12% of Rivian… and when the electric truck company went public, Ford stocks popped higher,” and Yahoo “quietly bought a huge 40% stake in Alibaba… in two years surrounding its IPO, Yahoo stock tripled.” Applied to Anthropic, the route map is the roster of its disclosed investors: the names that participated in its funding rounds and whose stakes would be marked to market at an IPO. McCall’s “The Second IPO Blueprint” report promises “Matt’s complete guide to the Anthropic IPO, including several companies that already hold a significant position there,” which is the paid version of that research.

Route Three: Pre-IPO Funds and Vehicles

For completeness: pre-IPO exposure also exists through venture funds and interval funds that hold private positions, with the usual trade-offs of fees, lockups, and opaque marks. The pitch does not address this route, and our honest note is that it is the most genuine pre-IPO access but the least liquid; a reader comparing it against the SKM backdoor is choosing between direct-but-locked exposure and liquid-but-diluted exposure. The sibling Oxford Club campaign’s coverage of the Anthropic IPO question and Anthropic stock access walks these routes from that campaign’s angle, including whether Anthropic is publicly traded at all, covered in our Is Anthropic publicly traded piece.

The Honest Ranking

On evidence, the SKM route is the strongest for a retail reader: documented stake, liquid NYSE listing, real dividend, and a mechanism (the second IPO) with real historical precedents. Its weakness is dilution: the Anthropic stake is one asset inside a whole telecom, so the IPO pop is a tailwind on the margin, not the whole story, and the scenario ladders assume the stake’s paper value flows through to the share price, which is the pitch’s largest extrapolation. McCall says the right thing about it: “I can’t promise you any specific outcome.”

Frequently Asked Questions

How do I verify the SK Telecom stake? Primary sources: SKT’s own press release (August 2023) announcing the $100 million Anthropic investment and the strategic partnership, and the Reuters coverage of the same. The pitch’s valuation framing, that the stake has “grown to be worth close to $6,000,000,000,” assumes the full “$1.8 to $2 trillion” listing; third-party estimates of the stake’s current value vary widely, so treat the number as the presenter’s scenario.

What other companies hold Anthropic stakes? The pitch’s paid report promises “Matt’s complete guide to the Anthropic IPO, including several companies that already hold a significant position there,” but the free presentation names only SKT. The generalized route map is the roster of Anthropic’s disclosed funding-round participants, each carrying the same dilution caveat.

How does the second-IPO mechanism rank the routes? On documentation, the SKM backdoor wins: liquid, dividend-paying, with a documented stake. On directness, pre-IPO funds win, at the cost of fees, lockups, and opaque marks. On simplicity, waiting for the listing wins, at the cost of the re-rating window. The honest ranking depends on which cost you can carry.

What does this mean? The routes are risk shapes, not quality tiers. SKM trades dilution for liquidity and documentation; the pre-IPO vehicle trades everything for directness; the listing trades the window for certainty. McCall’s line prices them all: “I can’t promise you any specific outcome.”

The Offer

The bundle behind the pitch: a year each of The Skousen Report and McCall’s Innovation Report, “The Second IPO Blueprint,” “Machine Medicine,” the Private Power Boom report, the final exit plan service, and The Maxims of Wall Street, at “$795… for just $129” with 90 days to examine, full refund, and every report kept. If the routes themselves are what you came for, the full presentation is here.

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