Comment by woeirua
2 days ago
I don't think people realize just how screwed Anthropic is if their revenue doesn't grow at a crazy rate. They can be incredibly successful and still go bankrupt because of how much compute they are committed to buy. Everything has to go right, and if it doesn't then they go out of business.
And even then, the path for investors to ever make their money back is really essentially non-existent. There’s so much “total addressable market” fantasy here.