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.
52 companies · every quote sourced · updated from EDGAR
The largest IPO in history: rockets, Starlink, and a $1.75 trillion ask, priced June 2026.
The design tool Adobe tried to buy for $20B; regulators blocked it, so it IPO'd instead.
A neobank for paycheck-to-paycheck America, built on interchange fees.
The USDC stablecoin issuer whose entire business is interest on other people's dollars.
A crypto-miner turned GPU cloud that bet everything on AI demand — and on debt.
Warned its own users might sabotage the platform; sold them IPO shares anyway.
Bootstrapped-ish, profitable, and deeply tied to Shopify — the anti-2021 software IPO.
Grocery delivery firm that IPO'd at a quarter of its peak private valuation.
The Mediterranean Chipotle that reopened the IPO window after an 18-month drought.
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.
The green owl that turned language homework into a streak; profitable engagement, unprofitable company.
Crypto exchange whose S-1 tied its fate explicitly to crypto price cycles.
A game platform whose developers are children and whose currency is imaginary; revenue was real.
The women-first dating app; the S-1's growth curve ended almost exactly at the IPO.
Buy-now-pay-later at peak fintech euphoria, with a third of revenue from one exercise-bike company.
Home-sharing marketplace that filed mid-pandemic after its revenue collapsed.
Food delivery leader that went public at the height of pandemic demand.
Seventeen years private, unapologetically pro-government, and structured so founders keep control forever.
A work-management tool whose founder funded it partly with personal loans against his own stock.
The engine behind half the world's games, priced by an unusual investor auction.
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.
Went public without selling a share and warned Microsoft would bundle against it. Microsoft did.
Pet-food e-commerce owned by the company that bought Pets.com's carcass; this time it worked.
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.
The visual-discovery board that refused to call itself a social network.
Beat Uber to market by six weeks; the stock never saw its IPO price again.
Filed at half its peak private valuation and said so; the discount never fully closed.
A rare profitable consumer IPO that sold algorithmic styling; the algorithm stopped working.
The streaming-box maker that said the money was in the platform, not the hardware.
Cut its IPO price a third after Amazon bought Whole Foods mid-roadshow; it never recovered.
First IPO to sell shares with zero voting rights, and said so plainly.
Priced below its last private round — the original down-round IPO that worked out.
The fitness-tracker leader that warned smartwatches could eat its market. Apple's did.
The handmade marketplace that told investors its values mattered more than growth.
A camera company that asked to be valued as a media company; the market eventually said no.
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.
The local-reviews site that warned Google could bury it; spent the next decade proving the point.
The FarmVille maker that told investors nearly all its revenue depended on Facebook.
The fastest-growing company in history by revenue, whose accounting the SEC made it restate before pricing.
The professional network whose debut doubled on day one and reopened the consumer-internet IPO window.
The first American carmaker IPO in half a century; warned it had one car and had never made a profit.
"Google is not a conventional company." Sold via Dutch auction, governed by founders, priced at $85.
An online bookstore that told investors it would lose money for the foreseeable future. It meant 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