Mike McCaffreyThis video starts with some #EdZitron number rattling, but then goes into a dramatic tale of lies and betrayal. This lady is furious at #OpenAI now, after having previously trusted them with her business.
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The problem is that she wants honesty and transparency from a company that would disappear in a puff of smoke if they told the honest truth about their economics (which should make their IPO filing interesting).
Cy@cy The initial float went alright (unfortunately), but with each unlock period where investors get to sell more shares the price is going to continue to go down and down as they rush to cash out. Not to mention that when they release their Q2 numbers next month, things will likely not reassure investors.