OpenAI Is Preparing to File for an IPO Soon

Post by amanaplanacanal » Thu, May 21, 2026, 8:50 AM UTC

darkstar_16 wrote: post #153

anal_reactor wrote: post #146

Earlier quoted context omitted.

I would retire. If you have two million euros lying around, that would be life-changing money for me. I'd put everything into VWCE and then live off interest. I think I'd spend a year in Japan just to see what it's like, then travel around a few other countries, and finally settle somewhere back in Europe - buy a small house in the middle of nowhere, renovate it, and then smoke weed and play video games until the end…

That's such a cynical take. If everyone does what you're describing, we will never make progress as a society.

Post by roysting » Thu, May 21, 2026, 8:56 AM UTC

psb5 wrote: post #109

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.

Post by amanaplanacanal » Thu, May 21, 2026, 8:59 AM UTC

andsoitis wrote: post #179

juleiie wrote: post #162

Earlier quoted context omitted.

My returns are around 20 percent per year for years. I lack will and energy to list everything I owned but it’s basically a method of value investing + momentum trading so two opposites. You could say it’s a diversification of investing philosophies. Honestly it’s a free for all game so no one has any interest to share their secrets and methods. When you lose money I make money. Better player wins.

> My returns are around 20 percent per year for years. That's unbelievable! Even Warren Buffet only makes 19% - 20% compounded every year. That would make you one of the top investors ever.

Post by sixtyj » Thu, May 21, 2026, 9:03 AM UTC

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…

Post by amanaplanacanal » Thu, May 21, 2026, 9:05 AM UTC

AlecSchueler wrote: post #188

wg0 wrote: post #160

Earlier quoted context omitted.

"Developing nations" if you will. Like these days banks are referring to labour class as "low quality human capital". Whatever terms fancy you, the underlying reality remains the same.

> "Developing nations" if you will I wouldn't, I'm not sure which nations are developing or that they're developing into. Aren't we all developing all the time? > Whatever terms fancy you, the underlying reality remains the same. That's great, could you just explain the underlying reality without the loaded terms then?