Comment on OpenAI negotiates with Microsoft to unlock new funding and future IPO

• demonsword@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Just been waiting to invest

  …in OpenAI? lol

  A fool an his money are soon parted, indeed

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  • venusaur@lemmy.world ⁨17⁩ ⁨hours⁩ ago

    Please elaborate

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  • IsaamoonKHGDT_6143@lemmy.zip ⁨1⁩ ⁨day⁩ ago

    It remains to be seen whether its IPO will have good margins or break records that catapult it into the S&P 500 and Dow Jones.

    401k pensions will depend on an AI company and if it goes bankrupt, pensions will be affected.

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• Alphane_Moon@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Ah I see. I thought you had equity and wanted to cash out during the IPO.

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  • venusaur@lemmy.world ⁨1⁩ ⁨day⁩ ago

    That would be nice. Catch the first wave, get out after the drop and jump back in to ride it back up. Unfortunately, I’m not a rich man. You have equity in any companies?

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    • Alphane_Moon@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Just some super basic index stuff. Day trading style strategies is not my type of thing.

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      • venusaur@lemmy.world ⁨17⁩ ⁨hours⁩ ago

        Day trading is a losing game for the little guys

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