@thewallstreetskinny: The IPO process is broken. The S-1 gives us almost nothing to value a company like Anthropic, because issuers never include projections: the safe harbor that protects public companies’ forward-looking statements doesn’t apply to IPOs. Additionally FINRA bars the underwriters’ analysts from publishing for at least 10 days after the IPO, and banks typically wait 25. That hurts most when there’s no relevant public comp and the entire valuation rests on forward numbers. Meanwhile, those same analysts already walked institutional investors through their estimates before pricing. The quiet period doesn’t keep the numbers quiet. It just decides who gets to hear them.

thewallstreetskinny

Open In TikTok:

Region: US

Thursday 29 October 2026 23:22:40 GMT

5276

227

Music

Download

No Watermark .mp4 (23.47MB) No Watermark(HD) .mp4 (22.8MB) Watermark .mp4 (0MB) Music .mp3

Comments

Letters :

Because Anthropic has no value

2026-10-30 07:42:08

Mc The Knife :

This is the bizarrest Ponzi scheme in history.

2026-11-12 11:16:20

elk shoes :

Good analogy, I just hope they get it over with and not delay.

2026-10-31 16:31:43

Mike Heinl :

Good faith rule had me want to spike my phone on the pavement.

2026-10-30 02:58:08

HillaryDidNothingWrong :

Unfortunately they know that both institutional and retail investors are climbing over one another to buy into the company, so they don't need to work especially hard to earn their business. Eventually the tide will go out for everyone but now is not the time.

2026-10-30 03:03:46

HellaHandsomeTrader :

20 year veteran variance harvester here. This is different. What is happening now seems like it’s the last to raw for a lot of these people. I think the power structure knows that a massive change is coming and they’re looting the system one last time. It sound hyperbolic, but it’s really not. I think this is the final fleet before something very dramatic happen that changes the whole monetary system out of perceived necessity.

2026-10-30 13:27:27

kenny_256 :

🥰🥰🥰

2026-10-30 00:22:57

To see more videos from user @thewallstreetskinny, please go to the Tikwm homepage.