31–40 of 207 posts
No, we don't need to visualize that.
> Then in maybe one of the best rug pulls of all time, in July they quietly changed their valuation to $500 million. A 75% cut in four months. I’ve never seen anything like that since the 2008 financial crisis. Not sure where the author is getting their information from but there is seemingly little correlation between the investment rounds quoted in this post and other online sources. No mention for example of the S…
The 6.9bn valuation is accurate though https://www.prnewswire.com/news-releases/groq-raises-750-mil... https://www.reuters.com/business/groq-more-than-doubles-valu...
Nothing against the author, the content is good. I just wish this wasn't fluffed out with AI.
Nothing against the author, the content is good. I just wish this wasn't fluffed out with AI.
Earlier quoted context omitted.
Well usually they only get acquired when they have something the purchaser wants, revenue was obviously not the get here
The tv series Silicon Valley has a good episode where they discuss the importance of a start-up not having any revenue. Being pre revenue apparently means unlimited potential, with any level of revenue being bad, as you always have to grow it.
The writing style here is so belittling, and frankly stupid. E.g. "billion is so big!", uh, I've heard of a billion before, and then comparing the value of a company to a single person's salary, as if that was very relevant.
That is who I'm writing for.
A 4x for an AI cloud+infra play that targets speed and cost? Where do I send the check?
If NVIDIA believes it can take this and scale it, $20b is a no brainer.