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this post was submitted on 31 May 2026
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TechTakes
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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.
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OpenAI and Anthropic right now: oh no
Part of me wants to believe the whole S&P special treatment announcement was designed to bait them into disclosing numbers, but the more realistic side of me believes this is a nervous backpedal because they've realized the inevitable consequences of allowing this blunder to play out in full.
A company has to disclose a lot of numbers backed by serious legal penalties before an IPO.
Whenever a stock market has gone up 29% in a year and a New Era story is circulating, people with corner offices and Savile Row suite start to do stupid ****. I think that is why financiers started to bend the rules.