descriptive claim
Software companies are very rarely free-cash-flow positive at the time of their IPO.
Jamin Ball · Deep Dive: Anthropic S-1 Myths and Mythos — Jamin Ball, Altimeter · 7 Nov 2026
In their words
The transcript segments this claim was taken from
“Yeah. It's very rare. I mean, I think there are, there are a lot of software companies that are free cash flow positive today.”23:00Report a misattribution
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