Dotcom firms often paid suppliers, ad agencies, lawyers and even landlords with stock or equity to save cash. AOL swapped shares for services and ads (e.g., Homestore, DrKoop). Telecom suppliers like Lucent, Cisco and Nortel used vendor financing, sometimes with equity or warrants, to drive equipment sales.
https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm
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OK so the accounting tricks are nothing new but… maybe this is the first S-1 filing which repeatedly touts “catastrophic or existential risks to humanity” in its “Risk factors” section?
🫧📌
Where do I line up for an h100 or two
Crow bar and a lookout.
