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You can thank the JOBS Act of 2012 for that

How so? Could you elaborate on the dynamic that you are identifying?

The laws changed for IPOs. It used to be when the total investors got over 500, including employees holding shares, that would trigger a company to need to go public. It was changed some time ago (not sure if JOBS act or what) to be much higher, like 2000 investors and excludes employees.

This means companies stay private and keep getting private capital/investments (the flip side being private equity in the pre-IPO company) and typically an IPO is really existing shareholders realizing their investment.

So Amazon, Microsoft were forced to go public much earlier, then had their growth. Anthropic has already had growth, Claude AI is well known at this point, and after IPO there may not be as much growth after. In fact, the stock might go down because they have to report their full financials.


Thanks, I wasn't aware of that.

Is it the EGC lack of disclosure rules (for pre-Unicorns), the fractional share ownership? How is the JOBS Act what drove change?

a little self promotion there :P


Dumb javascript is preventing me from seeing the footer, by scrolling back up to some content it thinks I shiould see.


My company is lame, and I can only really install software via Homebrew without a lengthy approval and packaging process. Have you thought about adding Juggler to Homebrew?


Hmm, that's interesting - I certainly had 'homebrew' on my to-do-list, but quite low down, but you make a good argument for making it a higher priority..


We're phasing homebrew out in my organization, so I wouldn't focus on tailoring to it. .dmg files are fine and good. but homebrew sort of fell apart with its automatic updates that break things. If I am looking to install a single package, I'm not expecting homebrew to install 200 of them. Yet that's what's happening now, and is the reason I'm advocating phasing homebrew out. My two cents.



Elements that load slower than the rest of the content, so it bumps the links that you're trying to click down, and you click the wrong thing.


they did... it's inserted into a groove, and the two pencil halves are glued together, at 4:45 https://youtu.be/fow-LsdaH2E?si=bOIb8Q01_4V04uQ2&t=285


I had to play in slowmotion to catch it. A lot going on there.


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