How many hyped IPOs have burned retail in the past couple years?
$CRWV. $CBRS. $BLSH. $FIG. Even $SPCX got hammered after the initial hype.
Now Nscale reportedly wants ~$30B, but $MSFT has pulled out of a UK data center deal and some investors are pushing for $16–19B. I wouldn’t be surprised if this IPO gets delayed.
Last week, Reuters reported some Anthropic investors were discussing a valuation closer to ~$1.5T, versus earlier expectations of ~$2T.
Retail shouldn't have to bet on five years of perfect execution just to earn a decent return.
Leave something on the table.