Comment by cortesoft
1 hour ago
It’s crazy how different the credit cost and subscription cost are.
With the $200 subscription, I can have Fable on ultracode working for hours and not dent the usage limits.
1 hour ago
It’s crazy how different the credit cost and subscription cost are.
With the $200 subscription, I can have Fable on ultracode working for hours and not dent the usage limits.
VCs are footing the bill for that $200 subscription.
They have something like 80% gross margins, are at a $100B/yr ARR, and are growing at 10x per year... If that keeps up, they're going to be doing more revenue than Google in a year ($400B ARR, 20% per year growth)
How can you sanely project the last 12 months forward? We have seen a huge uptick in usage. Last summer AI was a toy to most devs, now every enterprise developer I talked to uses it every day. Coding agent providers are surely going to hit market saturation in the near future.
At last, a valid usecase for VCs.