Comment by dist-epoch
1 day ago
Google did the same thing 20 or so years ago when they IPOed. They didn't phrase it this way, but they did this.
1 day ago
Google did the same thing 20 or so years ago when they IPOed. They didn't phrase it this way, but they did this.
In Google's case it was absolutely true though. The stock was NOT over-valued.
The IPO was at a market cap of $20 B. And it never dipped below IPO price -- it doubled within a year.
And now GOOG has a market cap of $4 T, so that's 200x in 22 years.
I like Claude, but I think the likelihood that it is over-valued already is higher than it was for Google. (Though I would not really be surprised if it keeps the $2 T valuation and grows. Who knows? And it doesn't matter to me personally)
What is unique about them? What is smth they have nobody else can reproduce?
It looks here in EU most talks recently about souvereign AI and how to quit digital dependence on oversea providers, at least first attempts to decouple. Thus I wonder if is there a place for new serious competitors?
The AI tech itself is likely very liberating - it seems allow to reproduce anything digital with less efforts than ever before, so others may simply replicate your business quickly?
A few financial and Anthropic experts explained how Anthropic would like for the stock to never dip below the IPO. This tracks with these statements in the S-1.