But they bring many, many more people onboard to help pumping the bubble and later pressure the government to save them once that absolute insanity finally bursts.
Comment on Anthropic IPO could raise $100 billion at $2 trillion valuation
0xtero@beehaw.org 11 hours ago
Public shares will never control more than 49.9% of the company.
Yeah.
Ooops@feddit.org 11 hours ago
GrindingGears@lemmy.ca 3 hours ago
There was an issuance in Canada where the family controlled like 90% of the company. It caused the public shares to do really weird things, I actually made a pile of money over the years off them, but I would never hold them for long term or from a value perspective, just arbitrage. It’s lunacy.