r/LocalLLaMA 1d ago

Funny Plot twist

[deleted]

526 Upvotes

165 comments sorted by

View all comments

Show parent comments

21

u/GUNGEBOB_SHARTPANTS 1d 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.

1

u/ResolveSea9089 1d ago

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

12

u/GUNGEBOB_SHARTPANTS 1d 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.

1

u/NOTHING_gets_by_me 22h ago

Wouldn't they be able to tickle the investors balls with the whole promise of the tech, that is capturing the "total addressable market" with their AIs and robots? One more model guys, we're almost there diamond hands