• remotelove@lemmy.ca
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    16 hours ago

    Even when you completely ignore that bullshit monologue from Altman, something is fishy with this.

    While just speculation, I think they are positioning for a sale as that is going to be the only way to get any value from their shares. (Aside from dividends, if that is a even a thing with pre-IPO equity? They can’t really IPO being a non-profit and it makes sense to sell the company off.)

    Anyone else case to spitball any theories? They can’t be an investor sinkhole forever so there has to be a way for profit to be extracted eventually.