• DjangoFett@lemmy.zip
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    7 hours ago

    Finance people: what happens to the company when they get 15 million? Or whatever the realistic-but-nowhere-close-to-the-mark number is. Is it the total collapse of the company us plebs are hoping for?

    • aetheplace@lemmy.world
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      2 hours ago

      Anyone can go and look at the S-1 filing to see under the hood or check out what financial analysts say about it. Total collapse is not likely (right now) for various reasons within it.

      The article has the ultimate answer to your question: if they don’t build revenue to match the massive investments they’ve committed through 2045, they go bankrupt.

      Long term bubble or not, everyone involved in (selling during) this IPO is going to have made off like a bandit well before that. This includes earlier investors like Amazon, if the stock price goes above $59 per share and their convertible notes can be exchanged for equity.

      The full S-1 is over 300 pages. Here’s a summary example that appears to be free if you’re interested in some details: https://sec-api.io/insights/anthropic-ant-s-1-ipo-sec-filing-analysis (fair warning: this one reads like AI was involved)

    • ParlimentOfDoom@piefed.zip
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      5 hours ago

      Any pleb hoping for a collapse is a moron. Recessions/depressions always hurt the non right MORE. The wealthy buy up all the devalued items from the remaining remnants of the middle class and get even more rich from it when the economy finally recovers.

      • DjangoFett@lemmy.zip
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        3 hours ago

        That’s cool and all, but reading comprehension is important when debating online. I definitely specified company collapse. As in, that rich boy stops being rich and goes back to being a pussy bitch that everyone rightly makes fun of.