this post was submitted on 23 Jan 2026
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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OpenAI faces cash crunch in 2026 as bills come due (pivot-to-ai.com)
submitted 5 days ago by dgerard@awful.systems to c/techtakes@awful.systems
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I’ll gladly pay you Tuesday for a GPU today

https://www.youtube.com/watch?v=eaQKJuA3qF8&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260123-openai-faces-cash-crunch-in-2026-as-bills-come-due - podcast

time: 6 min 56 sec

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[–] gerikson@awful.systems 16 points 5 days ago (1 children)

I'm starting to think that the trend started by Sarbanes-Oxley - making it relatively harder to launch an IPO - pushed way too much financing on to private capital, which is basically run by dudes with a very similar outlook. In public markets, you can bet against a company by short-selling, and make money. I believe a lot of the current crop of VC funded companies would have withered a long time ago if they'd been submitted to the scrutiny of public markets.