this post was submitted on 08 May 2026
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] Soyweiser@awful.systems 6 points 3 months ago (1 children)

Sure, but they got to IPO for that.

[–] Flyberius@hexbear.net 3 points 3 months ago (1 children)

I think you underestimate the system's ability to nurture grifts.

[–] hitmyspot@aussie.zone 2 points 3 months ago

Especually when for an early investor, IPO is passing the bag for something like AI. If they had a profitabke priduct, there is no need to do an IPO. IPOs are a way toncash out, for these tech comoanies, not a way to raise funds.