Nick & Jack

Besties add all that up, and it led to a disappointing IPO on what was supposed to be such a huge, fun IPO. Corweave and their bankers were hoping to sell shares in the company on the NASDAQ stock exchange between $47 and $55 a share. But what did they actually end up selling at, Jack? Investors would only pay $40 a share.

Besties add all that up, and it led to a disappointing IPO on what was supposed to be such a huge, fun IPO. Corweave and their bankers were hoping to sell shares in the company on the NASDAQ stock exchange between $47 and $55 a share. But what did they actually end up selling at, Jack? Investors would only pay $40 a share.

Besties add all that up, and it led to a disappointing IPO on what was supposed to be such a huge, fun IPO. Corweave and their bankers were hoping to sell shares in the company on the NASDAQ stock exchange between $47 and $55 a share. But what did they actually end up selling at, Jack? Investors would only pay $40 a share.

Oh, and by the way, those investors bought 25% fewer shares than Corweave was hoping for. The result, CoreWeave expected a $35 billion valuation for the company, but Wall Street said, you're only worth $23 billion. CoreWeave's IPO, they got worse reviews than Disney's Snow White. And CoreWeave didn't have to deal with an evil witch. I think Sam Altman's the evil witch, actually.

Oh, and by the way, those investors bought 25% fewer shares than Corweave was hoping for. The result, CoreWeave expected a $35 billion valuation for the company, but Wall Street said, you're only worth $23 billion. CoreWeave's IPO, they got worse reviews than Disney's Snow White. And CoreWeave didn't have to deal with an evil witch. I think Sam Altman's the evil witch, actually.

Oh, and by the way, those investors bought 25% fewer shares than Corweave was hoping for. The result, CoreWeave expected a $35 billion valuation for the company, but Wall Street said, you're only worth $23 billion. CoreWeave's IPO, they got worse reviews than Disney's Snow White. And CoreWeave didn't have to deal with an evil witch. I think Sam Altman's the evil witch, actually.

Actually, I think Sam's one of the seven dwarves, Jack. But Bezzy, with all the hype around AI, we got to ask, why did the first true AI company have such a bad IPO? The reason is our takeaway. And we didn't use Chachi PT to write it. No, we didn't. So Jack, what's the takeaway for all our buddies curious about initial public offerings? There are three keys to a successful IPO.

Actually, I think Sam's one of the seven dwarves, Jack. But Bezzy, with all the hype around AI, we got to ask, why did the first true AI company have such a bad IPO? The reason is our takeaway. And we didn't use Chachi PT to write it. No, we didn't. So Jack, what's the takeaway for all our buddies curious about initial public offerings? There are three keys to a successful IPO.

Actually, I think Sam's one of the seven dwarves, Jack. But Bezzy, with all the hype around AI, we got to ask, why did the first true AI company have such a bad IPO? The reason is our takeaway. And we didn't use Chachi PT to write it. No, we didn't. So Jack, what's the takeaway for all our buddies curious about initial public offerings? There are three keys to a successful IPO.

The market, the industry, and the company. Yeah, we call that our IPO trio. And for CoreWeave, unfortunately, all three of those variables are negative right now. The first variable was the market. Stocks are down 10% from their all-time highs on concerns with the Trump economy. The second variable is the industry. Other AI stocks happen to be the biggest downers in the market right now.

The market, the industry, and the company. Yeah, we call that our IPO trio. And for CoreWeave, unfortunately, all three of those variables are negative right now. The first variable was the market. Stocks are down 10% from their all-time highs on concerns with the Trump economy. The second variable is the industry. Other AI stocks happen to be the biggest downers in the market right now.

The market, the industry, and the company. Yeah, we call that our IPO trio. And for CoreWeave, unfortunately, all three of those variables are negative right now. The first variable was the market. Stocks are down 10% from their all-time highs on concerns with the Trump economy. The second variable is the industry. Other AI stocks happen to be the biggest downers in the market right now.

NVIDIA, we're down 26% from their all-time high. Which brings us to the third variable, the company itself. Yeah, and Corweave, the company, is not a star of AI. Because Corweave depends so much on that one customer, their prices have fallen by so much, and it's unprofitable.

NVIDIA, we're down 26% from their all-time high. Which brings us to the third variable, the company itself. Yeah, and Corweave, the company, is not a star of AI. Because Corweave depends so much on that one customer, their prices have fallen by so much, and it's unprofitable.

NVIDIA, we're down 26% from their all-time high. Which brings us to the third variable, the company itself. Yeah, and Corweave, the company, is not a star of AI. Because Corweave depends so much on that one customer, their prices have fallen by so much, and it's unprofitable.

So besties, remember, for an IPO to be successful, you want to have a strong market, a strong industry, and a strong company. Corweave's IPO was so bad because it didn't have any of those three. Jack, could you whip up the takeaways for us to kick off the week? OpenAI is letting anyone create pro-looking cartoons in their favorite styles instantly.

So besties, remember, for an IPO to be successful, you want to have a strong market, a strong industry, and a strong company. Corweave's IPO was so bad because it didn't have any of those three. Jack, could you whip up the takeaways for us to kick off the week? OpenAI is letting anyone create pro-looking cartoons in their favorite styles instantly.

So besties, remember, for an IPO to be successful, you want to have a strong market, a strong industry, and a strong company. Corweave's IPO was so bad because it didn't have any of those three. Jack, could you whip up the takeaways for us to kick off the week? OpenAI is letting anyone create pro-looking cartoons in their favorite styles instantly.

The cost of creating is dropping, which means the value of creativity is rising. For our second story. SoulCycle is expanding to apparel stores branded simply Soul. They're dropping the site. Because the merch is where the margin is. And our third and final story. CoreWeave went through the AI industry's first ever IPO and it was a dud. Because CoreWeave lacked the three keys to a successful IPO.

The cost of creating is dropping, which means the value of creativity is rising. For our second story. SoulCycle is expanding to apparel stores branded simply Soul. They're dropping the site. Because the merch is where the margin is. And our third and final story. CoreWeave went through the AI industry's first ever IPO and it was a dud. Because CoreWeave lacked the three keys to a successful IPO.