Comment by marricks
21 hours ago
> OpenAI is worth many multiples of that
valued at --which I'd say is a reasonable distinction to make right about now
21 hours ago
> OpenAI is worth many multiples of that
valued at --which I'd say is a reasonable distinction to make right about now
Their revenue is 20B, so they still worth multiples of 10B regardless of valuation even if you consider the basic 5x revenue valuation
https://www.reuters.com/business/openai-cfo-says-annualized-...
"The basic 5x revenue valuation" doesn't work for businesses that aren't profitable.
It is also unclear to me how much real debt they carry. They have famously been signing many deals: RAM, datacenters, maybe nuclear power plants -I no longer know what is a joke or not. They must be carrying hundreds of billions in paper debt obligations, which is tough to payback at $20B revenue.
1 reply →
[dead]
> Their revenue is 20B, so they still worth multiples of 10B regardless of valuation...
I can easily generate double that revenue, by selling $20 bills for $10.