Leaked documents reveal the AI giant is hemorrhaging cash on a staggering scale, yet it's still gunning for the largest IPO in history. Experts question the 'finance theater' as the company faces what one calls 'bananas' customer concentration.
The tape Prof G Markets · Sep 30
“Anthropic
's IPO prospectus just leaked and the numbers are staggering. According to Reuters, which obtained the draft of the S1, the company reported $4.6 billion in revenue last year, up more than 1000% from the year prior, but they also reported an operating loss of $8 billion and a net loss of $42 billion.”
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Masters in Business · At the Money: The Data Behind America's WealthySep 30
New data reveals America's 65,000 centimillionaires are vastly overrepresented in the halls of power. Decamillionaires are 10 times as likely to sit in Congress as they are to be found in the general population.
How to Money · Fighting Back Against a Broken Healthcare System w/ Dr. Jordan GrumetSep 23
Dr. Jordan Grumet argues high drug prices aren't for research, but for marketing. He says pharma profits from billions in public NIH funds while patients and doctors are 'pawns to the system'.