Comment by NitpickLawyer
1 day ago
> Claude Code itself is purely vibecoded [...] money they intend to squander [...] going to burn themselves to the ground getting high on their own supply.
This really really really isn't the burn you think it is. Going from 0 to 2B+ in revenue from a "purely vibecoded" thing is what they've said they're doing, and what they've actually done. Like in already done. It's not going back, no matter how many nuh nuh people write. They've already shown this can be done.
People will continue to think that this is some sort of a gotcha. But it's actually precisely what they've done: they showed that dogfooding works. If this works, why not x y z?
2B+ in revenue on hundreds of billions in investments and future commitments is completely worthless. Anybody can turn $100b into $2b, that's not a fucking accomplishment. And to the extent that something is driving any revenue, it is the model, not the TUI. Any success Claude is having is despite the godawful TUI, not because of it.
claude.ai (their chatgpt equivalent) was nowhere before cc came about. CC was coded in a few weeks by people, then a few months by people + cc, then mostly cc take the wheel. It is without a doubt the main reason why they're successful. It is also the main reason why their coding models are as good as they are. They've incorporated the early data into their training recipes, and evolved model + harness together.
They appear to be lining up a funding round at a $900 billion dollar valuation. Or to be more conservative they already raised at $380 billion. A long way from worthless.
Yeah are we all forgetting that VC valuations are based on hope and unicorn farts? Just because you give a company $100 billion doesn't turn it into a $900 billion company. Especially when said company has only generated $5billion in total revenue:
https://www.reuters.com/commentary/breakingviews/anthropic-g...
I really wish I could tell people my LLC is worth $100 million because I sold a 0.0001% stake for $10k but I would be called a fraud; however if I was to gamble with pension funds and make the same claim suddenly I'm a visionary?
Good lord, no wonder people want to torch data centers.