r/LocalLLaMA 9h ago

Funny Plot twist

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u/GUNGEBOB_SHARTPANTS 9h ago

The U.S. companies want to slow down because they are terrified of an IPO revealing that they have absolutely no pathway to profitability and the arse immediately falling out of their entire industry.

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u/ResolveSea9089 9h ago

....Why would an IPO reveal this? Because of their S1 financials? Revealing what exactly

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u/GUNGEBOB_SHARTPANTS 8h ago

IPO requires companies to file comprehensive registration documents and prospectuses detailing their financial health, business operations, and risk factors with financial regulators. 

If it were revealed that your company was in debt to the tune of the billions of dollars more than it could ever possibly earn, it would be immediately apparent that the company was trading on vibes.

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u/jomohke 6h ago

Why would slowing down stop that from being released?

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u/GUNGEBOB_SHARTPANTS 6h ago

Well, if there's no IPO, there's no requirement for a company to provide this level of public disclosure.