Comment by that_was_good

7 hours ago

After they just raised 122 billion dollars?

At those numbers it's all a silly game. How much of that was paid to shareholders rather than the business so they can cash out? How much of that is vendors buying future revenue? What liquidation preference is that at?

From what has been reported it's clearly not as simple as raising 122 billion. Some folks called it "scraping the barrel", supposedly Anthropic has surpassed them on the secondary market, etc.