this post was submitted on 06 Jan 2025
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Why would anyone believe this? It's a private company. They don't have to be truthful talking about their finances.
Why would they lie about losing money? Companies lie for the opposite all the time, but none of them boasts of losing money, as that causes FUD, which exactly what a hypelord like Altman doesn't want.
Tax writroffs on the "losses"
"Nonprofit" image.