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A comment on OpenAI Leans Toward Waiting Until Next Year for IPO. Parent comment

Re:OpenAI Leans Toward Waiting Until Next Year for IPO by bellowsgulch on Friday June 26, 2026 @02:16PM (#48690019)
> The business math just isn’t there.

What do you mean? I promise I'm not being facetious or satirical. I'm just too simple and conservative of an investor to understand this comment. (for example: Is the price-to-earnings ratio too high? I probably wouldn't want to invest in the business.)

[ Parent | on HN ]
Re:OpenAI Leans Toward Waiting Until Next Year for IPO by lennessy on Friday June 26, 2026 @04:32PM (#48691607)
They are losing too much money. With open source options that are always close to frontier performance it will always be hard for them reduce training costs and charge premium rates.
[ Parent | on HN ]
Re:OpenAI Leans Toward Waiting Until Next Year for IPO by bellowsgulch on Saturday June 27, 2026 @05:16AM (#48696571)
I guess my point is that IPO timing is irrelevant if they don’t have an actual profitable business.
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