alt Hacker NewsI was in the capital markets during the COVID era, focusing on transactions for tech companies. I will take the bet that if OAI tries to IPO it will be WeWork 2.0 x100. Get ready for an even more creative version of “Community adjusted EBITDA”
On the real though, I am not sure how a 20yr veteran can say this is the best time for an IPO. Not only is a 10% float still absolutely massive, but the world is extremely unstable with the war in Iran and the US is in a recession when you factor out inflated growth driven by AI. Not to mention the Yen carry trade unwinding - there is so much loaded in the economy ready to blow up… I think the facade will collapse if OAI actually goes for it.
Umm the yen carry trade unwound in August of 2024. It hasn’t been a factor in the markets for over a year:)
> On the real though, I am not sure how a 20yr veteran can say this is the best time for an IPO.
The best time for an open AI and anthropic ipo. They are hot now, the macro environment doesn’t weigh into that calculus.
Also a 10% float isn’t massive, most companies ipo with anywhere from 20-40% of their total share count.
And being a 20 year veteran means you can cut through all the noise you mention and focuse in what matters. At all most all points in History there is doom and gloom, 20 years gives you the experience to know most of the doom and gloom never matters.
You go public when you get the chance.
I appreciate you comment and I hope I helped update your understanding of how things work!!