61–70 of 426 posts
Earlier quoted context omitted.
each new model brings in revenue that is multiple times the cost to create said model
So their CFO's publicly voiced concerns are unwarranted?
Throughout the “AI bubble” talk in 2024 and 2025, I consistently argued that we were nowhere near the peak of the AI bubble. So far, that view has held up, as valuations are significantly higher today than they were in 2024 and 2025. If you look at the way the dotcom bubble unfolded, dotcom didn't take off until after Netscape IPOed in 1995. The market had 5 more years of growth until the collapse. And even after col…
Throughout the “AI bubble” talk in 2024 and 2025, I consistently argued that we were nowhere near the peak of the AI bubble. So far, that view has held up, as valuations are significantly higher today than they were in 2024 and 2025. If you look at the way the dotcom bubble unfolded, dotcom didn't take off until after Netscape IPOed in 1995. The market had 5 more years of growth until the collapse. And even after col…
Companies IPO'd at an earlier stage of development in the days before Sarbanes-Oxley. Netscape was a 16-month-old startup when it IPO'd. It had about 250 employees. It had raised a total $27M in venture capital then, and then raised a few hundred million in the IPO itself, which gave it a total valuation of $2.9B. It had $16M in revenue and no earnings. OpenAI is 10 years old. It has about 4500 employees. It's raised…
There are definitely some dogs that IPOd and went straight down, but investing in the broad stock market has absolutely not been a bag holding experience in the past decade+
Earlier quoted context omitted.
Companies IPO'd at an earlier stage of development in the days before Sarbanes-Oxley. Netscape was a 16-month-old startup when it IPO'd. It had about 250 employees. It had raised a total $27M in venture capital then, and then raised a few hundred million in the IPO itself, which gave it a total valuation of $2.9B. It had $16M in revenue and no earnings. OpenAI is 10 years old. It has about 4500 employees. It's raised…
> they unload the shares on the public market when they reach the top of their growth curve, leaving the public holding the bag There are definitely some dogs that IPOd and went straight down, but investing in the broad stock market has absolutely not been a bag holding experience in the past decade+
Are we not going to talk about the literal CFO saying their books aren’t up to rigorous reporting standards and need to wait until 2027?
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Isn't SpaceX the only one of those that actually makes money?
Personally, I don't worry about profitability in the short term. If Anthropic is adding $15b ARR every single month, and their gross margins are 50%+ (per Dario), profits are inevitable. The thing I'm most worried about with SpaceX is bundling X.com, xAI with it. I don't want to invest in X.com nor xAI. Lastly, I don't my money tied to the Elon rollercoaster.
Did you invest in Tesla and now invest in Open AI because who cares about ethics if you can make money?
Anthropic has the obviously the better product and were seemingly ethically better until they burnt their developer goodwill and started accepting Musk infrastructure.
But does having a better product actually translate to making more money?
Should I just lay down and die because there's no good choice when it comes to investing in this product they market as killing off people's livelihoods?
What is the advice from the internet? Did you invest in Tesla and now invest in Open AI because who cares about ethics if you can make money? Anthropic has the obviously the better product and were seemingly ethically better until they burnt their developer goodwill and started accepting Musk infrastructure. But does having a better product actually translate to making more money? Should I just lay down and die becau…