Comment by timr

I didn't claim the valuation is reasonable. I said that the comparison with WeWork is ridiculous.

> The problem with WeWork's IPO wasn't that they aren't a tech company. It's that they didn't have a good enough business model.

No, they had a fine business model - there are many other companies using it today (including WeWork). It just wasn't worth a technology company multiple.

(Let's also not forget the mountain of crazy things - such as the founder leasing his own properties to the company at sweetheart rates - in the WeWork S1, that actually torpedoed the offering. Anthropic's listing is nothing like WeWork. Nothing. Not even remotely.)