Why You Shouldn't Buy OpenAI, SpaceX, or Anthropic Stock
A $3 Laboo Boo from Goodwill sounds like a silly flex until it turns into the cleanest investing lesson we know: the same thing people overpay for at peak hype often shows up later at a steep discount. That’s exactly how we think about IPO investing, especially when everyone starts yelling that SpaceX, OpenAI, and Anthropic are about to go public and “regular people” can finally get in.
We walk through what an initial public offering actually is, why it feels like an important purchase opportunity, and why that feeling can be dangerous. By the time a company reaches the public market, venture…
The skinny
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