Beehaw
  • Communities
  • Create Post
  • search
    Search
  • Login
  • Sign Up
David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish · 4 days ago

Anthropic files its ‘IPO’ — but all the key numbers are missing

pivot-to-ai.com

external-link
message-square
8
link
fedilink
28
external-link

Anthropic files its ‘IPO’ — but all the key numbers are missing

pivot-to-ai.com

David Gerard ( dgerard@awful.systems ) M to TechTakes@awful.systemsEnglish · 4 days ago
message-square
8
link
fedilink
Yesterday, Anthropic dropped the 335-page S-1 prospectus for its initial public offering on the NASDAQ. [SEC] The company plans to go public in mid-November under the ticker symbol “ANT” with an in…

FINAL final (1) USE THIS ONE.docx.pdf

by Amy Castor and David Gerard

https://www.youtube.com/watch?v=pFG2_uKlinw&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://inv.nadeko.net/watch?v=pFG2_uKlinw - video backup
https://pivottoai.libsyn.com/20261027-anthropic-files-its-ipo-but-all-the-key-numbers-are-missing - podcast

time: 13 min 02 sec

  • ohulancutash ( ohulancutash@feddit.uk ) Banned from community
    link
    fedilink
    English
    arrow-up
    3
    ·
    4 days ago

    Removed by mod

    • corbin ( corbin@awful.systems ) 
      link
      fedilink
      English
      arrow-up
      13
      ·
      4 days ago

      Of the numbers that are present in the document, a lot are unaudited and were not worked out according to GAAP — which S-1 numbers are supposed to conform to. There’s whole multi-page subsections of these BS numbers that you should not see in a credible S-1.

      In the USA, GAAP is not optional for large businesses. GAAP is expected for businesses with thousands of customers at a minimum; Anthropic wants to scale up to millions of customers and therefore has zero excuses for non-GAAP numbers. Please be less UK-brained in the future, thanks.

    • self ( self@awful.systems ) 
      link
      fedilink
      English
      arrow-up
      10
      ·
      4 days ago

      the motherfucker who’s about to gamble away my 401k on this crap has entered and left the chat

    • flere-imsaho ( mawhrin@awful.systems ) 
      link
      fedilink
      English
      arrow-up
      8
      ·
      4 days ago

      i’m sure that you can point out the specific fragment of the article that you’re disagreeing with.

      • ohulancutash ( ohulancutash@feddit.uk ) Banned from community
        link
        fedilink
        English
        arrow-up
        1
        ·
        4 days ago

        Removed by mod

        • flere-imsaho ( mawhrin@awful.systems ) 
          link
          fedilink
          English
          arrow-up
          9
          ·
          4 days ago

          so you didn’t read the article, my bad.

    • Architeuthis ( Architeuthis@awful.systems ) 
      link
      fedilink
      English
      arrow-up
      10
      ·
      4 days ago

      Also that subterfuge and misdirection are par for the course doesn’t make this any better. If anything you’d expect such an obvious slum dunk trillion dollar world changing cancer curing robot god enabling infinity profit making technology to need much less of that to become attractive to investors.

    • swlabr ( swlabr@awful.systems ) 
      link
      fedilink
      English
      arrow-up
      7
      ·
      4 days ago

      Got any other hot trading advice for us?

TechTakes@awful.systems

techtakes@awful.systems

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !techtakes@awful.systems

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.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 176 users / day
  • 490 users / week
  • 1.06K users / month
  • 1.99K users / 6 months
  • 55 local subscribers
  • 2.77K subscribers
  • 1.57K Posts
  • 36.5K Comments
  • Modlog
  • mods:
  • David Gerard ( dgerard@awful.systems ) 
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code