[shmoil]

If you have any doubts, I highly recommend to review the stock price history of GPRO(GoPro), BYND (Beyond Meat), CGC (Canopy Growth), TLRY (Tilray).

These are just some somewhat recent IPOs that come to mind, I am sure I am forgetting some.

In the case of GPRO, look up their first quarterly reports after the IPO. Pure comedy gold.

[beernet]

This comparison is nuts and invalid. Each of Anthropic/OpenAI/SpaceX has more revenue than the mentioned companies combined at IPO time.

Doomers gonna doom

[shmoil]

And scammers gonna scam.

[Lord-Jobo]

Is revenue the only metric we care about for this? Seems like stability and p-e ratio should at least be a factor? Which you can’t get until the ipo has actually settled.

[Peaches4Rent]

If only hackernews had /remindme like on reddit

[thinkingtoilet]

Open AI has never made a cent of profit.

[beernet]

Some people here truly need a bunch of lessons in economics and capital markets. This is not about making a profit at this point in time. Each of these companies could turn profitable im a heartbeat if they wanted to. Which would be exactly the moment in which they lost the race and become irrelevant.

[newsicanuse]

Don't be one of those cluless techbros