this post was submitted on 09 Nov 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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The second affair has hit Nvidia stock
I want this to matter but stock market stuff is all fake anyway.
People say something like "1.2 trillion wiped out" but stocks aren't actually tied to anything anywhere near their actual value (dividends) and it's only ever a tiny volume being traded anyway. Most stock trading is indistinguishable from meme coins.
NVIDIA has enough control over actually valuable technology that they don't particularly need to be able to raise additional funding to continue turning the world's chips into stacked boxes in a Taiwanese warehouse.
I mean if it keeps going down its going to be pretty bad news for Anthropic’s IPO
I think anthropic's business model is bad news for their IPO. Nvida stocks be damned the filing is fucking hilarious.
putting ‘we dont know if we’ll ever be profitable’ in the IPO filing was definitely a brave move, I’ll give them that