I value them at 1 USD
Bold statement for a company that has spent 33B to make 22B
I can start a company that makes billions more than anthropic in just week (most of the time will be spent on bureaucracy)
Why not 889 gazillion? If you’re going to dream, dream big.
Only 889 gazillion? The stock market is at 50,000 /s
Is that really enough though? I mean that’s only around a hundredth of the worlds GDP for a company who’s only product is a plagiarism machine that has never produced a profit. I’m thinking the should be aiming for around a 250 trillion or so, since obviously Anthropic is twice as valuable as everything else on Earth.
The square root of -$1.4tn is a more appropriate number.
Ah yes, the FEAR phase has arrived for the bag holders.
They’re not making a profit now, and they haven’t shown how they could become profitable in the future…so how are they worth anything?
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Finance people: what happens to the company when they get 15 million? Or whatever the realistic-but-nowhere-close-to-the-mark number is. Is it the total collapse of the company us plebs are hoping for?
Anyone can go and look at the S-1 filing to see under the hood or check out what financial analysts say about it. Total collapse is not likely (right now) for various reasons within it.
The article has the ultimate answer to your question: if they don’t build revenue to match the massive investments they’ve committed through 2045, they go bankrupt.
Long term bubble or not, everyone involved in (selling during) this IPO is going to have made off like a bandit well before that. This includes earlier investors like Amazon, if the stock price goes above $59 per share and their convertible notes can be exchanged for equity.
The full S-1 is over 300 pages. Here’s a summary example that appears to be free if you’re interested in some details: https://sec-api.io/insights/anthropic-ant-s-1-ipo-sec-filing-analysis (fair warning: this one reads like AI was involved)
Any pleb hoping for a collapse is a moron. Recessions/depressions always hurt the non right MORE. The wealthy buy up all the devalued items from the remaining remnants of the middle class and get even more rich from it when the economy finally recovers.
That’s cool and all, but reading comprehension is important when debating online. I definitely specified company collapse. As in, that rich boy stops being rich and goes back to being a pussy bitch that everyone rightly makes fun of.
