Re:The SEC Should Block Anthropic's IPO to Protect the Public
by packetlost on Monday November 02, 2026 @06:23PM
(#50345601)
> Frankly, no company should be allowed to IPO without showing steady profit
This is directly counter to the original point of public markets at all
Re:The SEC Should Block Anthropic's IPO to Protect the Public
by Shitty-kitty on Tuesday November 03, 2026 @10:08AM
(#50352953)
There are rules for raising money as a startup, namely Series A, B and C funding rounds. To participate in these rounds you need to be an accredited investor (meet specific income or net worth criteria set by the SEC) which insure that you can weather the storm.
Frankly, no company should be allowed to IPO without showing steady profit. An exchange or index that promotes IPOs of unprofitable companies diminishes its reputation, and the reputation of all other stocks it indexes.