Dragonfly partner Haseeb: Anthropic and OpenAI IPO will become the largest liquidity transfer

Venture capital firm Dragonfly managing partner Haseeb Qureshi posted on X that the IPOs of Anthropic and OpenAI will represent the largest liquidity transfer from global institutions to San Francisco futurists in history.

He anticipates that the most concentrated beneficiaries of this funding will be San Francisco real estate and cryptocurrency. Employee lock-up periods typically expire 180 days after the IPO. Anthropic is expected to IPO in mid-October, so this process is anticipated to begin in April 2027 and continue with OpenAI's IPO the following year.