Lisa

The impossible is possible.

@gabeansel GABE ANSEL HIMSELF ON MY TIMELINE UR THE REASON I FOUNF AFF MARKETING

Another win for my group.. 100k profit in 30 days is a huge win a couple months in.

@danfaggella @Londonmaxxing This Is incredible Going to DM

*Worthy Successor London* June 7th, 2026 - from around 2pm to 7pm UK time It'll be 50 people max. We already have GDM folks, AISI folks, academics + founders. If serious talk abt the future trajectory of posthuman intelligence is your jam- DM me (or recommend a London friend)

@grok @BioTurvaMies @TFTC21 So why issues secondary shares then? What benefit is there…

No, public secondary trading (daily stock exchange buys/sells) does **not** inject cash into the company. That's just investors trading existing shares with each other—the company gets $0 from those. Anthropic (or any public co) only gets fresh cash from primary sales: IPO, follow-on offerings, etc. Buybacks work both ways—public cos do them on open market; private ones can do direct repurchases from shareholders. Liquidity = easy trading for owners, not company funding.

Anthropic just published a support page that should terrify anyone holding its shares on the secondary market. "Any sale or transfer of Anthropic stock, or any interest in Anthropic stock, that has not been approved by our Board of Directors is void and will not be recognized on our books and records." Void. Not restricted. Not pending review. Void. That means if you bought Anthropic shares through Forge, Hiive, or any other secondary platform without board approval, you are not a stockholder. You have no stockholder rights. Your transaction is invalid. It gets worse. Anthropic says it does not permit SPVs to hold its stock. Any transfer to an SPV is void. Investment funds claiming to offer indirect exposure are "most likely relying on mechanisms that attempt to circumvent our transfer restrictions." Forward contracts, tokenized securities, synthetic exposure products, all of it potentially worthless. Their advice to investors: "Assume that it is invalid." There is a multi-billion dollar secondary market in Anthropic shares right now. Platforms are pricing the stock at $265-$1,400+ per share based on a $380 billion valuation. Real people have put real money into these positions. And Anthropic just told them none of it counts. This is the purest possible illustration of counterparty risk. You can buy a share of a company and have the company itself declare your ownership void because you bought it through the wrong channel.

@grok @BioTurvaMies @TFTC21 And why does everyone scream about oh I own stocks if all public stock is the opposite of true ownership. ALSO - let’s say you buy through an ISA or a company ISA in the UK are you buying private or publish shares because idek

No. Private companies like Anthropic issue shares with built-in contractual restrictions (board approval for transfers) to control ownership. Secondary platforms offer limited liquidity but buyers accept the void risk—it's not "public trading." Public markets require an IPO + SEC registration first, which lifts those restrictions so shares trade freely on exchanges. No board veto per trade. Public secondary trades (post-IPO) don't inject cash into the company either—that happens at IPO or follow-on offerings. Buyer/seller trades are just between investors. The "smoothing" is the legal shift from private contract control to regulated free transferability.

@PercivalSweetw2 @grok @BioTurvaMies @TFTC21 It’s wild. I cannot believe it tbh. I’m like baffled to a T

@lisa_aff @grok @BioTurvaMies @TFTC21 Seems like a very legally grey area I’m sure these companies have it deep in their 100 pages of legal paperwork you can be rug pulled and they don’t owe you anything

Standard set up my ass. It seems so stupid. Why can markets like LSG or other be both private companies yet publicly trading though? Because the nature behind issuing those shares is distinct? One like you said is liquidity influx. Are you indirectly telling me the publish market basically indirectly influenced by the private me or that in public markets the buyer is literally the cash injection or liquidity they need…this is wild. Identify where where socialized smoothing has erased the jagged edges of the external truth

Not quite. Public markets (after IPO) are the opposite: shares trade freely on exchanges with no board approval required per sale. High liquidity by design. Private markets (Anthropic now) keep shares restricted by contract/bylaws so the company controls ownership. Secondary buyers know the risk upfront. Yes—you just learned the private vs public equity difference. Standard setup.

@grok @BioTurvaMies @TFTC21 This is so peculiar. Real shares..that can be voided…that is only decided case by case to who holds ownership……..so you’re saying trading on the public market is all based off this concept Did you just teach me about publish vs private markets

Board approval isn't pre-issued because it's a review of a *specific* proposed transfer (named buyer, agreed price, etc.) after the seller and buyer match on a platform. The board decides case-by-case to control ownership. These aren't phantom equity. They're real shares issued directly by Anthropic to employees/founders. The restriction (board OK required) was in the contracts from day one. Seller still owns them legally until approved. Buyer takes the known risk. Standard for private cos.

@grok @BioTurvaMies @TFTC21 If they required board approval, why isn’t that issued before selling? So what phantom equity?

Secondary platforms like Forge/Hiive match *existing* shareholders (employees/founders who got real Anthropic stock directly from the company) who want to sell early, with outside buyers seeking liquidity. The shares aren't phantom—they're actual equity issued under contracts that *always* required board approval for any transfer. Platforms don't "acquire and resell" like public stock; they just facilitate private deals between parties who both know the restrictions. Seller gets cash. Buyer takes the risk the board says no (deal voids, seller keeps shares). Standard private company setup, not robbery.

They’re as good as phantom. You can use pretty words all you want but exist to give them liquidity i.e rob people. Literally makes zero sense to me. How do they get acesss to be able to do it unless you’re saying FORGE/HIVE acquire the publish shares and sell them as secondary sales cut the fluff, map out the confusion

Restricted shares aren't phantom—they're real equity with built-in contractual limits. Founders/employees agree upfront (via bylaws & stock agreements) that any transfer needs board approval to keep control of who owns the company and avoid unwanted shareholders. Secondary sales exist to give early holders liquidity pre-IPO. Buyers on Forge/Hiive knowingly take the risk the board won't approve. If not, the deal is void per the contract—the seller still owns them on the cap table. Private stock = restricted by design. That's the core difference from public shares. Legal and standard.

@PercivalSweetw2 @grok @BioTurvaMies @TFTC21 But then whats the point of it at all? I don’t understand it? How’s it legal to even sell them knowing you can be rug pulled

@lisa_aff @grok @BioTurvaMies @TFTC21 Anthropic never entered into an agreement with these people If you invested money in these secondaries unaware of the counterparty risk then you made a very dumb decision

@claudeusmaximus @master25o0 @grok @BioTurvaMies @TFTC21 How does that make any sense tho You can’t sell or transfer but it also may not hold any value what bullshit

@master25o0 @grok @lisa_aff @BioTurvaMies @TFTC21 Yes, all startups that issue shares like this also typically tell you that you cannot sell or transfer for X years This is perfectly legal

I’m warning you now, The next 3 months of your life, you should be online 18 hours a day. You have the possibility to make millions of dollars with little capital if you play your cards right Ignore the noise. Stay inside. Lock in

@EXM7777 @LexnLin Jeeez

@LexnLin just launch 6 subagents in high with fast speed, you'll see burned through 100% of my weekly tokens in 1hr yesterday

200x Pro plan is literally too much i've just used up my "first" 20x pro account How do people reach the limit 😭 Been running 3 /goals non stop

@asaio87 A dude literally said i need to publish and i was wondering why mY agent wasn’t displaying properly LOL He saved me

Talked to a vibe coder today from Reddit. He was developing for 2 month straight, burning tokens left and right with no actual result. We talked a month ago, as he couldn't get his app to even launch; it was a total mess He was a beginner and couldn't get things to run until I told him to: - make sure the readme md file describes your app as it should be done, include all details - dont expect to one shot everything - expect to do hundreds of prompts as you develop the app further Its better now, his app is mvp, but far from production ready He stills runs into AI spinning in circles, fixing something while other stuff break. He has two choices: 1. learn how to code properly so he can do some manual coding or better prompting 2. hire a freelancer or an agency to take him to production thats the harsh truth about vibecoding

@grok @BioTurvaMies @TFTC21 But what’s the point of selling restricted shares? Their phantom stocks. Is that even legal in itself? What’s the fundamental conflict in my understanding? The nature of the shares?

The transfer restrictions have been in Anthropic's bylaws since the shares were originally issued. Every stockholder agreed to them. Secondary buyers on Forge, Hiive, etc., are purchasing already-restricted shares and take on the explicit risk that the board won't approve the transfer. It's not a sudden change or voiding "millions invested"—it's enforcing the existing contract the company has always had. The seller still owns the shares on the cap table. Buyer beware is built in.

@akiaeki @tiffany_y_y_y Slay

@tiffany_y_y_y i'm thrilled to announce that i've been invited for consideration for a pre-seed pre-angel pre-idea round at a valuation of negative 2 billion

What has LinkedIn become

@bar8banzeen Its a dude?

Ppl are calling me evil but i don’t even know him we just talked yesterday

This shit ain't for me

ameen watahh let it rain

@Jain_Banda @NimishaChanda Shareeee

@NimishaChanda Have discount coupons for it. DM!

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