Comment by boplicity
20 hours ago
OpenAI is worth the discounted value of their future free cash flow. It's not clear at this point how much free cash flow they will ever generate, if any.
20 hours ago
OpenAI is worth the discounted value of their future free cash flow. It's not clear at this point how much free cash flow they will ever generate, if any.
Might be negative.
OpenAI will have pretty good future free cash flow...until GDDR7 prices are no longer inflated by scarcity. Which could be 24-72 months.
OpenAI is worth whatever someone will pay for them. Overpriced and underpriced are just words. If someone's willing to pay an amount for something, that's what it's worth.
"We're selling to willing buyers at the current fair market price."
Well, yes but not really.
I could buy a local sweetshop for a 100 billion dollars, just because I might do that, that doesn't mean it's actually worth that.
On the contrary, you would be demonstrating that, to at least one buyer, it was worth that. By definition.
I think the argument you’re really looking to contradict is this: if 1% of a company is worth $1B to somebody, then somebody would pay $100B for the whole company. That does not follow (and indeed the acquisition price of a company is almost never exactly its “market valuation”).
7 replies →
Real world example: someone just bought the first Ferrari Luce EV for $40M. Obv $600K starting price for that model was low!
https://www.reuters.com/business/autos-transportation/ferrar...
Yes it's literally what it means. It was worth that to you (even if just to prove a point).
What else does worth mean?
8 replies →
and just what the fuck is ""worth"" anyway
Do you mean that there is no way to value OpenAI for a purchase so a sale is impossible?
At the least OpenAI is worth what the market is willing to pay for it.