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by bandrami 26 days ago
If OpenAI and Anthropic adopted GAAP nobody would be able to invest in them it would be so bad
1 comments

Yeah, institutional investors who plowed billions into them are unsophisticated rubes who got hoodwinked because they don't get GAAP. And it's not like both OpenAI and Anthropic are both going to IPO soon which would require disclosures far beyond GAAP numbers. /s
I take it you weren't alive in 2008 if you say that sarcastically
You should do a Michael Burry and go short. Clearly you seem to think you are much better informed, put your money where your mouth is.
Shorting isn't the magic trick people seem to think it is, but yes I'm heavily hedged for OpenAI's IPO failing and taking Oracle down with it