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David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 4 days ago

OpenAI may not be able to IPO in 2026

pivot-to-ai.com

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OpenAI may not be able to IPO in 2026

pivot-to-ai.com

David Gerard@awful.systemsM to TechTakes@awful.systemsEnglish · 4 days ago
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The trouble with a stock market IPO is you have to bare yourself to the world and show everything about your horrible business numbers. OpenAI’s numbers have always been hilariously terrible. Just …

But your pension fund will pay if it does

https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast

time: 6 min 18 sec

  • Soyweiser@awful.systems
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    4 days ago

    Cant IPO, cant AGI, cant ROI, poor openAI just the worst luck.

    • eleijeep@piefed.social
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      4 days ago

      They should try GTFO

    • Flyberius [comrade/them]@hexbear.net
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      4 days ago

      I dunno, look at Teslas sick value, it had no basis in reality. It could easily become a meme stock. Our financial system is ridiculous

      • Soyweiser@awful.systems
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        4 days ago

        Sure, but they got to IPO for that.

        • Flyberius [comrade/them]@hexbear.net
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          4 days ago

          I think you underestimate the system’s ability to nurture grifts.

          • Soyweiser@awful.systems
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            3 days ago

            Nah I was joking about the three paths to profitability, either become kings of god, run a normal business or give somebody else the bags.

          • hitmyspot@aussie.zone
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            4 days ago

            Especually when for an early investor, IPO is passing the bag for something like AI. If they had a profitabke priduct, there is no need to do an IPO. IPOs are a way toncash out, for these tech comoanies, not a way to raise funds.

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here’s the place to vent. Orange site, VC foolishness, all welcome.

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