Earlier quoted context omitted.
Out of all blockchain/AI hype bs, best thing is engineers getting rich
Because?
Because.
OpenAI raises $8.3B at $300B valuation
21–30 of 294 posts
Re: OpenAI raises $8.3B at $300B valuation
#22So OpenAI is running at a $13B ARR, meaning this is a ~23X valuation. I don't have a good read on margin. But this would imply massive growth assumptions which I struggle a bit to understand where they come from. (1) New customers new to AI or migrations from Claude/Perplexity/Google: The overwhelming majority of people already know about the offerings, leaving most new people to come from residual people who identif…
Think about how much money openai could make _just_ by getting referrals for agentic work flows (ie: help me plan my vacation).
The thing that people are missing is that openai is a platform like google's, and there are a million different businesses they can expand into.
Re: OpenAI raises $8.3B at $300B valuation
#23So OpenAI is running at a $13B ARR, meaning this is a ~23X valuation. I don't have a good read on margin. But this would imply massive growth assumptions which I struggle a bit to understand where they come from. (1) New customers new to AI or migrations from Claude/Perplexity/Google: The overwhelming majority of people already know about the offerings, leaving most new people to come from residual people who identif…
They are already growing massively right. I saw the user growth from May was up massively. So it’s not much of an assumption of something changing, just a continuation of the same.
Re: OpenAI raises $8.3B at $300B valuation
#24It boggles the mind what OpenAI could possibly do with all this money.
I mean, they can burn it all up in a fire in a few months. xAI loses $1 billion per month, so this round would be an 8 month runway for that company. OpenAI loses $2 for every $1 it brings in, but perhaps they're only losing $500M/mo, so maybe this $8b could last them more than a year...
> xAI loses $1 billion per month
Isn’t the vast majority of that capex?
Re: OpenAI raises $8.3B at $300B valuation
#25So OpenAI is running at a $13B ARR, meaning this is a ~23X valuation. I don't have a good read on margin. But this would imply massive growth assumptions which I struggle a bit to understand where they come from. (1) New customers new to AI or migrations from Claude/Perplexity/Google: The overwhelming majority of people already know about the offerings, leaving most new people to come from residual people who identif…
Think about how much money openai could make _just_ by getting referrals for agentic work flows (ie: help me plan my vacation). The thing that people are missing is that openai is a platform like google's, and there are a million different businesses they can expand into.
Sure, but I think the question is who will win the domain specific use cases (delivery, not API). Delivery of the agentic workflows is up for anyone to win (players like Perplexity, Lovable, etc) and OpenAI/Gemini/Anthropic is in a way only a vendor to that by providing what will become a commoditized function calling API/MCP provider.
Re: OpenAI raises $8.3B at $300B valuation
#26Re: OpenAI raises $8.3B at $300B valuation
#27Earlier quoted context omitted.
Out of all blockchain/AI hype bs, best thing is engineers getting rich
The only thing that can be stated as definitely good is that every person receives as much wealth from the profits of their actions in proportion to the amount of legitimate, valuable effort and vision that they contributed. EDIT: ive been rate limited I did realize that as I typed that :) that's why I added that extra bit about "valuable effort" and "vision". "Valuable effort" to me is a good proxy for "if this acti…
Why do you want to reward effort? I’ll just push a boulder uphill all day and accomplish nothing and then come with my hand out.
Also, in your opinion what is the correct proportion of wealth received to legitimate, valuable effort, and vision contributed? I’d love an answer that is an integer percentage, like “43%.”
Re: OpenAI raises $8.3B at $300B valuation
#28So OpenAI is running at a $13B ARR, meaning this is a ~23X valuation. I don't have a good read on margin. But this would imply massive growth assumptions which I struggle a bit to understand where they come from. (1) New customers new to AI or migrations from Claude/Perplexity/Google: The overwhelming majority of people already know about the offerings, leaving most new people to come from residual people who identif…
Think about how much money openai could make _just_ by getting referrals for agentic work flows (ie: help me plan my vacation). The thing that people are missing is that openai is a platform like google's, and there are a million different businesses they can expand into.
> The thing that people are missing is that openai is a platform like google's, and there are a million different businesses they can expand into.
That should make it easy for them to choose one and start already, then. I wonder why they haven't started. /s
Re: OpenAI raises $8.3B at $300B valuation
#29Nice they can poach 3 engineers back from Meta!
2 and a half :D