Comment by philjohn
1 day ago
> unless they get everyone on the planet to subscribe to their $200/month plan.
that would be a monthly recurring revenue of 200 x 7bn = $1,400,000,000,000 or $1.4tn a month, $16.8tn per year!
I think they've be valued a bit higher than $300bn if that were the case.
I think it was hyperbole
Obviously. But if you look at the math, 20 million people paying $200/month justifies a $300b valuation for a saas business, so saying $300b isn't justified because it's a big number is lazy thinking.
Isn't that $4b in raw revenue per month, or $48b/year? That's not even considering the expenses to operate the service and deliver the $200/mo product. I don't see how that automatically equates to a $300b valuation. A high valuation, to be sure, but...
I'm still very curious whether OpenAI is turning a profit on any of their services.