Oswald Oschin

I think the massive businesses that the social media companies and a lot of the companies that the 2010s built...

has created this like excitement around IPOs maybe and kind of like hype around it because we've seen what the previous iterations of San Francisco wealth can build and buy.

well, everybody wanted to wait as long as possible to IPO, right?

That was sort of the trend of the last, I don't know, decade or so, right?

It was like the backlash to the dot-com bubble days when like companies were pre-revenue and IPO'd and then it just caused this huge crash.

And like, you know, OpenAI has been around for a while, but for all intents and purposes, like,

I mean, ChatGPT is four years old.

This is actually incredibly fast to go public.

And I think that's what's so surprising about that.

SpaceX is obviously a little older, but very different business.

I'm just excited to see these numbers.

I was sort of sad that Anthropic filed confidentially and we can't look at their S1.

But it's so interesting to see.

We've been hearing all these revenue leaks, which we all know are BS.

And let's see what the real...

Let's see what the real numbers are.

It feels so huge that the IPO feels inevitable.

And I think the huge numbers are making more people so thirsty to get into it.

And when I was conceptualizing the story, to me, the real comparison was cryptocurrency.

As people started to see the graphs go way up, they just say, okay, how can I get in?