Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OpenAI Is Preparing to File for an IPO Soon

wsj.com

Post reply on HN
Print view View original

101–110 of 426 posts

Re: OpenAI Is Preparing to File for an IPO Soon

#101

Post by hauntingseaweed »

Cyclone_ wrote: post #98
techtuate wrote: post #95

I was wrong - not investing in FB and Amazon many years ago - thought those businesses will shrivel and die. I believe OpenAI is a bit of a coin flip as the AI space evolves. In fact I feel all AI will be marginal return generators at best. There are a lot of incumbents and a lot more coming as barriers to entry get increasingly lower. Unless a company can build a near monopoly it'll be hard to justify a 100X revenue…

Anthropic actually turned an operating profit recently due to huge revenue growth.

Do you have a source for that claim?

Re: OpenAI Is Preparing to File for an IPO Soon

#102

Post by nujabe »

wg0 wrote: post #99

If you're an investor you should try Deepseekv4 before you put your hard earned money in this gambling spree. Context - Deepseekv4 is freely available to download you can host your own and sell it keeping the proceeds and it rivals Claude Opus 4.7. "Thank you for your attention to this matter"

Isn’t knowing how to scale and optimize llm traffic the main barrier ?

Re: OpenAI Is Preparing to File for an IPO Soon

#105

Post by pixelatedindex »

coliveira wrote: post #79
henry2023 wrote: post #74

Soon to be part of your portfolio if you hold Nasdaq 100 or S&P 500 trackers line QQQ or SPY.

ETFs are a trap. Put most of your money in single stocks. It is ok to diversify, you don't need an ETF for this.

> It is ok to diversify

Nay, it is not just “ok”. It is imperative that you diversify if you want a strong and resilient portfolio.

Re: OpenAI Is Preparing to File for an IPO Soon

#106

Post by karmakurtisaani »

sharts wrote: post #104

Now everyone is on the hook for this overpriced unprofitable monstrosity vis a vis pension and index funds. How much longer for the coming economic collapse…

It should still take a year until it's added to the indices, no? At least that's how I understood the SpaceX case: Elon wanted to rush it and get it done in 6 months.

So there's still hope that the bubble pops before the funds are poisoned.

Re: OpenAI Is Preparing to File for an IPO Soon

#107

Post by karmakurtisaani »

seydor wrote: post #77
henry2023 wrote: post #74

Soon to be part of your portfolio if you hold Nasdaq 100 or S&P 500 trackers line QQQ or SPY.

What will managed funds do? Are we now suggesting people get out of index funds? Worse, will this and spacex ipo destroy the index funds?

Destroy is a strong word. Rather, it will make the pension funds and passive investors the bag holders for the oligarchs.

Re: OpenAI Is Preparing to File for an IPO Soon

#108

Post by bjt »

phil21 wrote: post #93
SpicyLemonZest wrote: post #83

Earlier quoted context omitted.

Reported number of business users, although as with all these metrics I feel obligated to emphasize the caveat that most analysis of the AI labs' finances is speculative. OpenAI remains dominant in the consumer chatbot space, but that's so obviously going to be commoditized that I don't think it matters.

Since the source code leak of Claud Code, is there an actual believable moat whatsoever any longer? I’m not nearly an expert at any level, but it seems to me the models themselves are converging on “good enough” for coding, with the real differentiator being the harness and tooling. From a bystander and casual user perspective it all seems running as fast as it can to commoditization to me. I’m certainly the dumb mon…

The Claude Code client source was never their moat. There are plenty of other companies with equivalent tools (gemini cli, cursor cli, augment, codex, etc.) The models that it talks to are far more important.

Not to say you're wrong about commoditization. I don't think these companies will be able to raise their prices and keep them there to make enough money to keep building models like they've been doing.

Re: OpenAI Is Preparing to File for an IPO Soon

#109

Post by psb5 »

techtuate wrote: post #95

I was wrong - not investing in FB and Amazon many years ago - thought those businesses will shrivel and die. I believe OpenAI is a bit of a coin flip as the AI space evolves. In fact I feel all AI will be marginal return generators at best. There are a lot of incumbents and a lot more coming as barriers to entry get increasingly lower. Unless a company can build a near monopoly it'll be hard to justify a 100X revenue…

All that is a side show. What would you have done with the cash if you were right? Thats always the real story.

My Aunt runs an accounting firm and is constantly moaning about the number of people who have over accumulated cash from IPOs and have no clue what to do with it all.

Re: OpenAI Is Preparing to File for an IPO Soon

#110

Post by vasco »

I'd be willing to make this a ban-bet, but my prediction is that either OpenAI or SpaceX's IPO will flop and that will be the signal that will start the new stock market crash. When it happens people will point at how obvious it was with the war and the bubble going for a while. But these 2 mega IPOs back to back will be interesting to follow.
Post reply on HN