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> the free investor money does run out

I've been saying the same thing, but that's why they made the move to IPO, no?

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The money always runs out. The dot com bust (Nina Brink forever!) and more recently "let's give a homeless man a 250k mortgage" 2008 bust.
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And then?

There are only so many trillion dollar IPOs out there. And then what next?

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Then it's not their problem and the company can fail.
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If you owe 1M USD, you have a problem. If you owe 100B USD, they have a problem.
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More government money to fund the ever elusive doomsday AI.
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