SEC EDGAR · Form S-1 · An annotated archive
Before a company sells you shares, it must tell you everything that could go wrong — in writing, under oath, on the public record. This is an archive of those documents: the pitch, the warnings, and — with hindsight — which of them came true. Every claim links back to the original filing on sec.gov.
21 companies · every quote sourced · updated from EDGAR
The largest IPO in history: rockets, Starlink, and a $1.75 trillion ask, priced June 2026.
Warned its own users might sabotage the platform; sold them IPO shares anyway.
Grocery delivery firm that IPO'd at a quarter of its peak private valuation.
EV maker that IPO'd to a $100B+ valuation with almost no revenue.
Zero-commission brokerage that warned its main revenue source might be outlawed.
Crypto exchange whose S-1 tied its fate explicitly to crypto price cycles.
Home-sharing marketplace that filed mid-pandemic after its revenue collapsed.
Food delivery leader that went public at the height of pandemic demand.
Cloud data warehouse that priced the largest software IPO ever at the time.
The DTC mattress company that punctured the direct-to-consumer IPO narrative.
Connected fitness company whose pandemic boom and bust both exceeded its own scenarios.
Monitoring and observability platform that turned down a Cisco acquisition to IPO.
The canonical cautionary S-1: filed at a $47B private valuation, withdrawn in six weeks.
Cloud-native endpoint security vendor; one of the decade's best IPO outcomes.
Ride-hailing giant that told investors it might never be profitable.
Plant-based meat maker with the best first-day pop since 2000 — then a long decline.
Rare profitable software IPO, one year before the pandemic made it a verb.
Beat Uber to market by six weeks; the stock never saw its IPO price again.
First IPO to sell shares with zero voting rights, and said so plainly.
Warned it depended on ad revenue and user growth it couldn't guarantee; sold to Musk nine years later.
Warned it made almost no money on mobile. That risk materialized, then it fixed it.
Nothing matches. The SEC would like a word.
No S-1 exists for these yet. When one hits EDGAR, it gets a page within the day.
Confidentially filed a draft S-1 with the SEC on May 22, 2026, but has said it may wait until 2027 to list. No public prospectus on EDGAR yet — the page activates the day one appears.
watching EDGAR for: OpenAI · OpenAI Global · OpenAI Holdings
Confidentially submitted a draft S-1 on June 1, 2026, after a Series H at a $965B valuation. The public prospectus is expected imminently; a Nasdaq debut is reported as possible in late 2026.
watching EDGAR for: Anthropic · Anthropic PBC