OpenAI: From Non-Profit to Public Company

The Founding Ethos: A Non-Profit Shield Against Unchecked AI The genesis of OpenAI in December 2015 was a direct response to a perceived existential threat. Co-founders, including Sam Altman, Elon Musk, Ilya Sutskever, and Greg Brockman, were deeply concerned that...

Key Documents to Read Before Investing in an IPO

The Red Herring Prospectus (DRHP) The Draft Red Herring Prospectus is the single most critical document for any potential IPO investor. Filed with the market regulator, the Securities and Exchange Board of India (SEBI), it is the company’s formal offer to the public,...

Is the Starlink IPO Overhyped? A Realistic Look

The Core of the Hype: More Than Just Internet, a Vision The fervor surrounding a potential Starlink Initial Public Offering (IPO) is not merely about investing in a satellite internet provider. It represents a chance to buy a stake in one of the most ambitious and...

How the Lock-Up Period Affects IPO Stock Prices

The Mechanics of a Lock-Up Agreement A lock-up agreement is a legally binding contract between the underwriters of an initial public offering (IPO) and a company’s insiders, including founders, executives, employees, and early investors like venture capitalists....

OpenAI IPO: A Bellwether for the AI Industry

The Pre-IPO Landscape: OpenAI’s Unprecedented Trajectory Founded in 2015 as a non-profit research laboratory with the ambitious mission to ensure artificial general intelligence (AGI) benefits all of humanity, OpenAI’s structure has undergone a radical transformation....

A Look at Recent High-Profile IPOs

The landscape of Initial Public Offerings (IPOs) has been a rollercoaster of soaring valuations, sobering corrections, and strategic pivots. High-profile companies that captured the public’s imagination have now provided a multi-year track record, offering a...