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OpenAI to confidentially file for IPO as soon as Friday

Looks like there is only limited money in the market and there is a race to get it first. Wonder if the free market concept should move the prices down in such a scenario?

19 minutes agosandeepkd

How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny?

Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?

17 minutes agoamusingimpala75

> How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny?

Perhaps they will just tell a lot of lies.

In the past people would generally avoid this when it came to stock market filings for fear of legal consequences, but the OpenAI C-Suite is already at least +$26 million to Trump and has plenty more to send his way if that doesn't cover it.

Crime is legal in 2026 (if you can afford the kickback fees).

14 minutes agobayarearefugee

A race to lock in the money next to SpaceX (which just filed an S-1)? This can't go well.

33 minutes agoavaer

Soon to be part of your portfolio if you hold Nasdaq 100 or S&P 500 trackers line QQQ or SPY.

12 minutes agohenry2023

[flagged]

20 minutes agoyathartha

What is the advice from the internet?

Did you invest in Tesla and now invest in Open AI because who cares about ethics if you can make money?

Anthropic has the obviously the better product and were seemingly ethically better until they burnt their developer goodwill and started accepting Musk infrastructure.

But does having a better product actually translate to making more money?

Should I just lay down and die because there's no good choice when it comes to investing in this product they market as killing off people's livelihoods?

32 minutes agothrowawaygmbno

You can sit this one out. There are many other opportunities to make money in the market. Ai build out is currently in play, and many names are rising accordinglym