OpenAI may not be able to IPO in 2026
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https://pivot-to-ai.com/2026/05/08/openai-may-not-be-able-to-ipo-in-2026/
But your pension fund will pay if it does
https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast
time: 6 min 18 sec
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RetroFed
David Gerard
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Cant IPO, cant AGI, cant ROI, poor openAI just the worst luck.
They should try GTFO
Two things:
One, it’s a remarkable accomplishment to not manage to cook an IPO even now when SEC is functionally gutted by the Trump admin. They made crime legal! What are you doing?! Just lie in the statements and run to Barbados or something
Two, I am baffled by this
Like what? What are you talking about. The whole point of the IPO is to cash out ASAP before the music stops. Why are you talking about OpenAI like it’s a real business? Am I in Wonderland? The best time for OpenAI to make an IPO was yesterday, the second best is right fucking now, how would waiting a year be possibly good for them
A lot of MBA bean counter types lack the intelligence or self awareness to realise they are part of a big scam and seem to earnestly think they are doing an important and valuable job. That’s how you end up as a mid level spokes person at Pitchbook rather than someone making billions by doing
investment fraudan AI companyThis sneaky way of getting on the index from day 1 makes me so mad. Are the index funds really contractually required to follow the exchange’s definition of index? I guess they are. It feels skeevy as hell that one company can skirt the rules this way however.
Yes of course they are obliged to follow the index.