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by DesiLurker
72 days ago
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the biggest red flag I see is this:
https://youtu.be/iOyFja87uyw?si=5INnIG1kZI0AbCGa tldr: they are trying hard to change S&P500 inclusion rules so that they dont have to wait 12months after going public so they can list mega-ipo asap in force index funds to buy a portion (presumably before revenue exponential growth settles and profits start tanking due to opensource catching up). They know something that we dont. btw if they are public and part of S&P500 then potentially they'll be a candidate for a bailout. |
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