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Harry Stebbings raises the issue of whether the current surge in AI investment is prompting companies to go public earlier than before.
He highlights a changing attitude toward public markets, stating that the era of preferring to remain private appears to be ending as more companies seek capital.
Stebbings has previously noted that many venture capital applicants struggle to name and explain three companies they would invest in. He has also argued that companies may soon spend more on tokens than salaries as hiring researchers grows increasingly expensive, sometimes costing tens of millions of dollars per year. The comments reflect ongoing scrutiny of capital allocation and talent costs in fast-growing sectors.