Exactly, the really frightening thing is Altman taking OpenAI public to get it into the SP500 and it completely falls apart then. In that case, we all get to hold the bag.
> Altman taking OpenAI public to get it into the SP500
There are eligibility requirements to meet before a stock can even be considered for inclusion into the SP500, and it’s hard to see how OpenAI, if they ever get into the situation where they need a public bag holder, could pull off another restructuring and then seasoning before the whole world realizes what’s going on.
Be wary. Pay attention. But don’t lose any sleep over it.
Isn't it the whole point of current AI environment? "We can't, we shouldn't, yet we did and look at our stock".
I won't bet anything at it but the whole thing, the whole AI economy looks like a big YOLO, so taking another step further into this insanity is, well, just another step. Who knows, maybe next day Beff Jezos will IPO newly established company and somehow pull 1T IPO in 10 days of company existence. Wouldn't it be a sight?
