Let's burst this bubble!! Looks like their current investors want out while there's still good hype.
this post was submitted on 31 Oct 2025
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Damn right they do. This IPO would burst the bubble overnight. Great for day traders, bad for others.
"Just another round of financing, I promise! AGI is around the corner! We are testing incredible things internally, and I think in 6 to 9 months we are going to revolutionize everything. We just need that last impulse to get there, we will be able to scale the new AI to unprecedented proportions."
~ Sam Altman in Feb 2023, October 2023, January 2024, June 2024, November 2024, March 2025, July 2025, October 2025...
Yeah, that sounds like a valuable company I would invest in.
🤷♂️ none of it matters. Doesn't matter if they lost money, or if LLMs aren't as good as they say. They'll get the money either way. We'll all lose out in the end. It feels like the whole world has gone mad. I know people say that every day and have done for as long as there's been a world with people on it, and I know it's a cliché to say this bit too, but..
This whole AI thing has been so disheartening. So many people give absolutely no shits about what's true and what's authentic. It's fucking miserable. So many people are anti-human and don't care.
Made-up money from the made-up market flowng in made-up ways that resulted in lower paying jobs for us.
Wasn't this fun? /s
This will be a scam. It means they've run out of private market interest for their funding. US government not yet ready to choose it for Skynet. They are also losing to Anthropic among private/MSFT use.
Not only that, but it means we're nearing the peak of the bubble. Now that the institutional money is drying up they're turning to retail investors to keep pumping up their numbers.
That will last for a few news cycles, but we're two minutes to midnight now. Any bit of disappointing news might be the prick that pops the bubble.
I feel like an IPO is a terrible idea for like, every one but those who will catch a bag early.
It's kind of oblivious that AI isn't what they'd like it to be, so then other than a money pit what is it?
Even though it’s called an Initial Public Offering, only a very small number of people are actually allowed to buy at the IPO price, so yeah, those people will do fine.
I mean, I'm just cynically looking at the situation.
there is obviously no there there and things like AI slop feeds are there to try and create one. Transformers didn't lead to the "next level" of intelligence machines. al, and, it should be of note, that transformers weren't expected to until someone trained an unreasonably large one.
I'm just putting it out there because based on how things have evolved in ML, we shouldn't assume the next big step of progress will come from somewhere immediately obvious.
The problem with being publicly traded is now the "value" (as if that term has any legacy meaning whatsoever) is subject to the whims of the news cycle.
and it's kind of like Tesla being as ridiculously overvalued as it is. If it had been Tesla that pushed the first viable llm, maybe their valuation made some sense. if they had the first real viable autotaxies (they don't and are being sued for not achieving fsd). If they had eclipsed all other auto manufacturers and if if if if if..
they didn't. Nothing about their share value makes sense and it makes less sense than ever before.
and the same will be the case with OpenAI. the case makes no sense other than the gravitational effect of "smart" (read:dumb) money. It's only real shot is if people pile in.
Their early investors need an exit ramp.
Need to find some bag holders.
They want lots of little ones. Hence the plan to go public.
Anyone remember when WeWork filed their S-1 and interest in their IPO crashed in the ensuing reality check? This seems like it will be so much worse, at least in terms of numbers. I just hope we don’t have to wait that long to pop this bubble.
Lmao so money doesn’t mean anything anymore? Or are we still a few months away?
Congratulations in advance to all who get in on the ground floor of this exquisite short-selling opportunity.
And what, pray tell me, if the IPO succeeds? The market can remain irrational longer than you can remain solvent.
Ugh my retirement account is going to bet on this I assume
IPO where? Who is insane enough to buy shares?
That's the question and I think that's the scam. Some people might actually buy those shares but maybe other people won't do so intentionally (but will unwittingly) because they don't manage their own portfolio.
Perhaps there are other people here who know how common that setup is where you could get screwed by a scam like this because you don't have control. I think the most recent major parallel was the crypto currency. Many people were told they should make it some percent of their portfolio and everyone who did so lost a lot of money. If they were actually running their own portfolio then clearly it's their fault but if they have a bad advisor then clearly it's the advisors fault. Or if they thought they had a stable index fund but somehow that index fund included crypto, then it's the index fund organizational team that screwed the pooch...