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Comment by aplummer | Hacker News Reader

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aplummer·

Yeah if this was a stock, I’d be buying it today. The thing is great.

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Apparently it is a stock? https://www.google.com/finance/quote/SPHR:NYSE?sa=X&ved=2ahU...

It is, which is why they have to report the loss. SPHR - let us know how it goes!

Fascinating, a brand new entity that effectively went public the day it began generating revenue. Are there other examples of this?

> Fascinating, a brand new entity that effectively went public the day it began generating revenue.

This isn't correct.

THe stock has been public since 2020. It just happens to own the Sphere.

Thank you for pointing that out. Also it was a spinoff of Madison Square Gardens which makes sense how it IPO'd pre revenue-

https://www.sec.gov/Archives/edgar/data/1952073/000119312523...

Pixar IPOed a week after Toy Story was released in theatres.

You'd want to wait to be part of recapitalization after a reorg is required. The deal is made on the buy, not buying someone else's bags.

EDIT: See gosub100's comment [1].

(not investing advice, educational purposes only)

[1] https://news.ycombinator.com/item?id=38206727

I have a feeling this one’s a bit different, the operating costs to keep that ball of one-off technology running have to be insane.

Sure sounds like investing advice

Yes, but they’ve said it isn’t, which is apparently sufficient even if you run an ad saying “InvestCo is great, you can make a ton of money from them [terms & conditions apply, you may actually lose money instead, not investment advice]”

It's a silly affectation rooted in lawyers commenting about a generality in a context where specifics might be inferred.

Not English, just looks like it. Assume meanings of words at your own risk.

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