lurker@awful.systems to TechTakes@awful.systemsEnglish · 9 days agoAnthropic is seemingly going ahead with their IPO despite the stock market bloodbathwww.ft.comexternal-linkmessage-square18linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkAnthropic is seemingly going ahead with their IPO despite the stock market bloodbathwww.ft.comlurker@awful.systems to TechTakes@awful.systemsEnglish · 9 days agomessage-square18linkfedilinkfile-text
minus-squarepulsewidth@lemmy.worldlinkfedilinkEnglisharrow-up0·8 days agoThey don’t have a choice, their alternative funding sources have dried up. It’s IPO or die, and I’m thinking it will be both. It’ll hasten the bubble burst, so I’m all for it.
minus-squareWalrusDragonOnABike [they/them]@reddthat.comlinkfedilinkEnglisharrow-up0·7 days agoIPO is just to decide how many months or years they’ll survive for and to pass some of the bag to everyday people.
minus-squarescruiser@awful.systemslinkfedilinkEnglisharrow-up0·7 days agoThey are balancing the needs of getting bagholders to buy in in the first place (which means keeping the IPO valuation lower) and continuing to project confidence and hype.
They don’t have a choice, their alternative funding sources have dried up. It’s IPO or die, and I’m thinking it will be both.
It’ll hasten the bubble burst, so I’m all for it.
IPO is just to decide how many months or years they’ll survive for and to pass some of the bag to everyday people.
They are balancing the needs of getting bagholders to buy in in the first place (which means keeping the IPO valuation lower) and continuing to project confidence and hype.