Comment by grey-area
3 days ago
It is impossible to justify the absurd private valuations they have given themselves in collusion with investors.
I wish they had tried to IPO because then we’d see the judgement of the market on this. But that’s why they didn’t this year. How long can they keep up the charade that their models are uniquely valuable and on the path to AGI?
> private valuations they have given themselves in collusion with investors.
What's the collusion?
Circular investment deals and investment deals at valuations which have no possible justification.
Let me ask it differently. You state the companies and their investors are colluding. Who are they colluding against?
10 replies →