Maybe this is a dumb take but I don't think they'll ever go public. Their company is so volatile and unsustainable in the long-term that I don't think it makes sense to go public at all.
SlightlyLeftPad•16m ago
In its current state the economics of the company make little sense to me. The astronomical costs to execute a prompt versus the relatively tiny price tag to the customer smells like an Enron scandal to me except everyone knows it and we’ve accepted it. Wall street is less forgiving.
Isn’t one of the reasons to go public to raise capital? They seemed to be doing that just fine without the weight of the open market with extremely profitable companies like Nvidia funneling billions of dollars in.
sikozu•40m ago
SlightlyLeftPad•16m ago
Isn’t one of the reasons to go public to raise capital? They seemed to be doing that just fine without the weight of the open market with extremely profitable companies like Nvidia funneling billions of dollars in.