Hugging Face raises $235M from investors including Salesforce and Nvidia
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Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#2It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#3It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
To add further, i do not know what is end goal of hugging face.
1. They have inference API but all cloud provider can implement those in next year.
2. They offer subscription but market-size of subscription is questionable.
3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder.
It see what happens in next set of years.
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#4It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
To add further, i do not know what is end goal of hugging face. 1. They have inference API but all cloud provider can implement those in next year. 2. They offer subscription but market-size of subscription is questionable. 3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder. It see what happens in next set of…
1. Raise $$$
3. Spend $$$
4. Exit w/ $
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#5It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
Buying a lottery ticket is buying a dream. You too can raise like this if you sell a dream to people with deep pockets who will only be mildly perturbed when it goes bust.
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#6I saw this and thought it was a startup in homage to a xenomorph facehugger. Ironic, since we are worried about AI destroying humanity.
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#7Earlier quoted context omitted.
To add further, i do not know what is end goal of hugging face. 1. They have inference API but all cloud provider can implement those in next year. 2. They offer subscription but market-size of subscription is questionable. 3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder. It see what happens in next set of…
1. Raise $$$ 3. Spend $$$ 4. Exit w/ $
Take money off the table, that’s what all the startup gurus call it, but whose money is kinda the question. Have pension funds stopped chasing VC funds etc?
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#8It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
To add further, i do not know what is end goal of hugging face. 1. They have inference API but all cloud provider can implement those in next year. 2. They offer subscription but market-size of subscription is questionable. 3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder. It see what happens in next set of…
Probably the same as most privately funded tech startups 1) Gain user base 2) Take investment funding 3) Sell and make the people at the top rich 4) Repeat.
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#9It is crazy to me that it is still 100x the ARR at this stage. I think for Deel, it as around 12x
To add further, i do not know what is end goal of hugging face. 1. They have inference API but all cloud provider can implement those in next year. 2. They offer subscription but market-size of subscription is questionable. 3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder. It see what happens in next set of…
I suppose the argument would be switching costs -- what stops any cloud provider from being interchangeable with another?
Re: Hugging Face raises $235M from investors including Salesforce and Nvidia
#10Earlier quoted context omitted.
1. Raise $$$ 3. Spend $$$ 4. Exit w/ $
Take money off the table, that’s what all the startup gurus call it, but whose money is kinda the question. Have pension funds stopped chasing VC funds etc?
The companies that invest have products (or have other investments with products) that have a strong market - they end up increasing the price of products to cover the purchase of acquisitions and losses. This results in inflation and worsening wealth distribution.