alt Hacker NewsLooking at the S-1 lockup schedule the IPO seems doomed. They need to bring in a ton of investment, and you will have massive unlocks right as the next congress is most active authoring anti-AI bills. Who's going to buy this?
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Sigh...people said the same about SpaceX, too. And it has held above $130, its IPO price, for almost 6 months now. Same for Uber. These companies keep defying predictions of crashing or dying.
The market anticipates the unlocking; when the shares become public, buyers swoop in, so the stock decline is much less than expected, if at all. There is no new information here. If everyone is expecting shares to unlock, then it’s priced into the market accordingly.
> Who's going to buy this?
So many people who don't actually read and evaluate things but just buy stocks based on vibes and what they see on Twitter. Which is to say, the same people that buy and lose money on most IPOs.
Anthropic have been calling for regulation, that in itself seems like a high risk for buyers.