Comment by paulpauper
15 hours ago
Why wouldn't it? There huge demand for these shares. It's not like $3+ trillion is dumped at once. It's a tiny percentage of it, and the high multiple does the rest of the work.
15 hours ago
Why wouldn't it? There huge demand for these shares. It's not like $3+ trillion is dumped at once. It's a tiny percentage of it, and the high multiple does the rest of the work.
There was a huge demand for the World Online IPO in The Netherlands in the late 2000 bubble. Retail investors bought it thinking they got a unicorn.
Turns out it was a scam and shares fell on the first day. Soon after the entire bubble burst.
That said, I don't even see "huge demand" for the AI triocorns right now. Unlike in 2000, most people are skeptical.
€64 million revenue on €91 million losses.
Meanwhile, Anthropic is adding ~$10-$15b ARR every month.
I personally think there is massive demand. I think Anthropic will easily eclipse $2 trillion marketcap on first day of trading.
> Meanwhile, Anthropic is adding ~$10-$15b ARR every month.
I'd like to see how creative their accountants are before thrusting any numbers like that.