this post was submitted on 08 May 2026
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OpenAI may not be able to IPO in 2026 (pivot-to-ai.com)
submitted 4 days ago by dgerard@awful.systems to c/techtakes@awful.systems
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But your pension fund will pay if it does

https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast

time: 6 min 18 sec

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[–] V0ldek@awful.systems 7 points 2 days ago* (last edited 2 days ago) (1 children)

Two things:

One, it's a remarkable accomplishment to not manage to cook an IPO even now when SEC is functionally gutted by the Trump admin. They made crime legal! What are you doing?! Just lie in the statements and run to Barbados or something

Two, I am baffled by this

Harrison Rolfes from Pitchbook (...) thinks a good time for OpenAI to do an IPO is “mid-to-late 2027”. He wants a few quarters of “clean execution” and not floundering.

Like what? What are you talking about. The whole point of the IPO is to cash out ASAP before the music stops. Why are you talking about OpenAI like it's a real business? Am I in Wonderland? The best time for OpenAI to make an IPO was yesterday, the second best is right fucking now, how would waiting a year be possibly good for them

[–] samvines@awful.systems 2 points 2 days ago

A lot of MBA bean counter types lack the intelligence or self awareness to realise they are part of a big scam and seem to earnestly think they are doing an important and valuable job. That's how you end up as a mid level spokes person at Pitchbook rather than someone making billions by doing ~~investment fraud~~ an AI company