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OpenAI's IPO Dreams Hit a Speed Bump (or Five)
OpenAI wants to go public. Investors want OpenAI to go public. There's just one problem: until recently, OpenAI literally couldn't go public. OpenAI launched as a nonprofit to and they said that their goal is to "benefit all of humanity" and unfortunately that statement has comeback to haunt them. For years the company operated as a "capped profit" subsidiary under a nonprofit parent which is Wall Streets worst nightmare. You can't IPO a nonprofit. But here is where it ge
Jesse Mutamba
Nov 12, 20253 min read


The Government Shutdown Deal: Progress or Just More Political Theater?
Alright, so we are currently facing the longest government shutdown in U.S. history. We're talking over 40 days and counting but we're finally seeing some movement. This weekend, a handful of Democratic senators sat down with Republicans to hash out a deal. And yeah, it's something but let's not break out the champagne just yet. Here's the situation Both parties have been holding the budget hostage over healthcare. Democrats want to extend subsidies that help low-income Amer
Jesse Mutamba
Nov 10, 20252 min read

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