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Comment by konschubert

2 days ago

So they’re getting in on the IPO.

Are they going to get stock for it or is it a PIPE?

Personally, I don’t think I want to get in on this at retail prices.

It can both be true at the same time that AI going to disrupt our world and that being an AI lab is a terrible business.

But will you have a choice once they enter the indexes ? People are automatically going to invest into that (circular) pyramid scheme.

like the other comment, openai can force itself onto the massive index like VOO/FXAIX etc to make retail folks to provide liquidity exit for openai investors.