> The fact that he would suggest this despite preparing for an IPO is an even stronger signal that it's in good faith -- it will almost certainly delay or reduc

> The fact that he would suggest this despite preparing for an IPO is an even stronger signal that it's in good faith -- it will almost certainly delay or reduce the valuation of the IPO. No it won't. This is a call for a "safety cartel"[1] in which the dominant firms become more entrenched against competition by colluding to limit the progress would-be competitors can make in the market. [1] https://x.com/alexwg/status/2098793433275985932 https://x.com/alexwg/status/2098793433275985932