Anthropic’s S-1 + Wispr Flow’s 500+ Ads Machine + Pitch Winner Hermetiq

Anthropic just filed its S-1, and we finally get a look at the books: $16.3B in revenue in the first half of 2026 (up from $1.2B a year earlier), a Nasdaq ticker of ANT, and 94 pages of risk factors. Jason and Lon dig into the numbers, the founder and trust control structure, and the reported $1.5–2T target.

Then Wispr Flow's Hector Serrano Martin walks through how he built a performance-paid UGC program that ships hundreds of creator ads a month, and how any founder can set one up from scratch. Plus, two-time LAUNCH pitch competition winner Jake Newfield pitches Hermetiq's Barn Owl, an AI build engineer that explains why builds break and proposes the fix.

Also on the docket: the Elvis estate's $41M suit against Anthropic, Elon and Chamath on "stranded compute," the SEC's accredited-investor exam, Block's Dessa, and the iPhone Duo teardown.