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Second half of 2026? I would have thought earlier to preempt the bubble bursting. Perhaps they know the IPO would be a flop (like many in 2000) and want to avoi
by bgwalter 1y ago
Second half of 2026? I would have thought earlier to preempt the bubble bursting. Perhaps they know the IPO would be a flop (like many in 2000) and want to avoid opening all circular deals and the books to the public.
- csto12 1y agoEven if the books were awful, I still think they would IPO well. The hype is too strong to let a little thing like bad books stop them (looking at you Tesla)
- rhetocj23 1y agoLol investors are not stupid. If the books are awful the IPO will fail.
- klipklop 1y agoYeah but there are plenty of retail investors that think zero day options are a winning strategy. You just need some suckers.
- r_lee 1y agoNot just retail, plenty of these "leaders" think "AGI" is just around the corner that will allow them to lay off all their employees and give them the 90% margins that they deserve and of course, hype is extremely valuable returns wise, and institutions play into that as well
- rightbyte 1y agoI got this feeling that "investors are stupid" and that the winning strategy is to assume other investors are even more stupid. I have given up trying to evaluate the market from sane fundamentals while grifters make money from pumping and dumping meme stocks.
- onraglanroad 1y ago> Lol investors are not stupid Quoted for horrific wrongness.
- rhetocj23 1y agoMost of you are delusional on here re. valuation and talk about subjects you have zero clue about.
- tass 1y agoI could be wrong, but it’s quite a bit harder to build a product that competes with Tesla than with OpenAI.