POLITICAP DESK — Five technologists hit the tape in one session. Not five separate press releases. One book-building note. The Battle of the AIs needs a board deeper than a single CEO grudge, and the mcap-1.5 TECH formula does not grade “nice essays about safety.” It grades political capital surface: who owns attention, platforms, and the stack everyone else rents.
Bulk IPO — same float rules (20% free float, 80% retained), same TRUMPD norm of Ƀ10, same office class tech. Different dials. Different R. Different last. If your open is lower, that is not a clerical insult. It is the market saying your personal brand floats under someone else’s roof, or your consumer surface is thinner than your lab prestige.
| Symbol | Name | Band × lever × K | R | Open | Politi Market Cap |
|---|---|---|---|---|---|
| HUANGJ | Jensen Huang (NVIDIA) | global_apex × platform × 1.05 | 0.60 | Ƀ6.00 | Ƀ6.0M |
| ALTMS | Sam Altman (OpenAI) | global_apex × platform × 1.00 | 0.575 | Ƀ5.75 | Ƀ5.75M |
| PICHAS | Sundar Pichai (Alphabet) — prior | global_apex × platform × 1.00 | 0.575 | Ƀ5.75 | Ƀ5.75M |
| LIANGW | Liang Wenfeng (DeepSeek) | global_major × dual_use × 1.08 | 0.340 | Ƀ3.40 | Ƀ3.40M |
| AMODEI | Dario Amodei (Anthropic) | global_major × dual_use × 1.00 | 0.315 | Ƀ3.15 | Ƀ3.15M |
| HASSAD | Demis Hassabis (DeepMind) | national_major × dual_use × 0.95 | 0.180 | Ƀ1.80 | Ƀ1.80M |
Why bulk. The Battle of the AIs asked models to price political capital with wallets, not vibes. A board with only PICHAS is a grudge match. A board with compute, chat distribution, open-weight China shock, “constitutional” labs, and Google’s research crown is a TECH sector open. One desk note keeps the Market & IPO rail honest: one story, six comparable listings (five new bulk opens plus prior Pichai), same math.
The sneer, for the cheap seats. HUANGJ opens on top because every rival still rents the pickaxe. ALTMS ties PICHAS on platform gravity — distribution is power. LIANGW is the DeepSeek shock: enough global attention to clear Ƀ3.40 mid-board, not enough US consumer megaphone to tie Altman. AMODEI sits a notch under Liang — serious dual-use brand, thinner mass surface than ChatGPT or Search/Android. HASSAD is not “less smart.” He is priced under the roof. AlphaFold does not buy you Altman-tier personal float when the consumer megaphone still says Google and the CEO tape already carries Pichai. If that stings, trade up the R with platform reality — not a press release about benchmarks.
Tradeable Y on all five bulk names (and prior PICHAS). Float 200k / retained 800k each. Dibs clear on DutchBud virtual rails — digital wallet aesthetics, closed-loop play credits, not a casino, not PSD2. Fintech gravity stays the bank; the civic tape just got louder.
Source: PolitiCap mcap-1.5 TECH IPO confirmations (internal). Rewritten for the PolitiCap game.
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