alt Hacker NewsGot into the gpt3 beta June 2021 and haven’t looked back, yet it’s incredibly sad we had no avenue to invest in these companies until now.
Why doesn’t a private company stock market exist?
Replies
There have been billions and billions invested into Anthropic. It's very evidently possible. Just not for the general public.
> Why doesn't a private company stock market exist?
There is something almost ironic about you saying this on a site ran by Y combinator.
Because we - the plebs - are here to provide liquidity for the risk-takers. Hence whey they have to IPO.
But for what it is worth, for every successful AI company like Anthropic, OpenAI, etc. - there are probably tenfold more that are valued in the low billions, and will be the first ones to wash away / become worthless if/when the bubble pops.
And lastly, private sales do exist.
It's called the Secondary Market
It exist, but not for poor peaople.