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In the before times, companies went public to raise capital in order to grow their business.
by linuxftw 11mo ago
In the before times, companies went public to raise capital in order to grow their business.
- andy99 11mo agoDoes that seem like what’s happening here?
- linuxftw 11mo agoMaybe? They want to grow the company, and they've run out of VC and circular financing money. Are they going to use the capital raised to make actual profits? That's the question.
- techblueberry 11mo agoIf they’re on the path to AGI, there’s probably a predictable cost structure to get us to the point where these models are self-reinforcing and we get fast takeoff. This is the dumbest they’ll ever be remember.
- sexeriy237 11mo agoIt hasn't been like that for quite some time. The corpse is sold off to mutual funds and pension plans