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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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Gary Marcus speculates they are upping their prices because they literally can't afford to hold out. I'm wondering if it is because they need better numbers for their IPO. VC funding be circulated to create nice sounding statements, but IPO filings have a standard of rigor where trying that would be fraud. So they are trying to squeeze their customers to get a few good looking (i.e. revenues higher than operating costs) quarters for the IPO.