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@ohulancutash@feddit.uk

2026-10-28 05:43 UTC

The authors working hard to pretend that this isn’t standard practice for IPOs.

Replies (5)

  • @Architeuthis@awful.systems 2026-10-28 08:39

    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.

    Open ##5284090

  • @swlabr@awful.systems 2026-10-28 10:15

    Got any other hot trading advice for us?

    Open ##5285260

  • @mawhrin@awful.systems 2026-10-28 14:13

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

    Open ##5289824

  • @corbin@awful.systems 2026-10-28 19:23

    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.

    Open ##5293658

  • @self@awful.systems 2026-10-28 22:20

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

    Open ##5296650