5B run rate explains the wild 183B valuation better. The calculus is usually a solid return after 3 years and double or better by 5, so they’re being on something like a 500B valuation by 2030.
And they very likely won’t be profitable in the real sense even then.
The $5B run rate, as I understand it, is smoke and mirrors. Each dollar they make costs them much more than that dollar. Sell it at a loss, but make it up on volume!
Something something efficiency
The models are only getting more expensive to train and run as they increase in complexity.
At least I can enjoy stupid corporate leaders lapping up the dogfood they’re told to eat, except for the pain workers and real people suffer as a result of this yheft, trash and grift.
This is just the cost of doing business for Anthropic.
No particular material harm to the business. Declare the matter settled, everything is fine and dandy, and now they have carte blanche to rape and pillage the next village dataset.
Where are they getting $1.5 billion from? Is this business actually profitable?
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Absolutely astounding that they can raise $13B on a sixth round of funding on that.
For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.
All this means they spent 3 years of revenue to make this go away.
Absolutely not a profitable business lol.
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500 million was specific to Claude Code, they are at 5 billion annual run rate and growing
I see. That definitely makes 13B way more sane.
They’ve raised $32 billion total. Does it still sound sane?
5B run rate explains the wild 183B valuation better. The calculus is usually a solid return after 3 years and double or better by 5, so they’re being on something like a 500B valuation by 2030.
And they very likely won’t be profitable in the real sense even then.
The $5B run rate, as I understand it, is smoke and mirrors. Each dollar they make costs them much more than that dollar. Sell it at a loss, but make it up on volume!
Something something efficiency
The models are only getting more expensive to train and run as they increase in complexity.
Just remember that actual profit isn’t important to investors. They’re only here make money on the growth of the investment.
Goddamn parasites.
What we lose on sales we make up for in volume
Yikes.
Does this imply that it’s the sixth round?
Goddamn.
Monopoly money using image generation ML tech for the design. Special partnership with HP for printing these notes.
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At least I can enjoy stupid corporate leaders lapping up the dogfood they’re told to eat, except for the pain workers and real people suffer as a result of this yheft, trash and grift.
They just did a fundraising round and raised like $13b
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If I could pirate a bunch of content then pay back only 10% of the value while pocketing the rest I’d be thrilled
This is just the cost of doing business for Anthropic.
No particular material harm to the business. Declare the matter settled, everything is fine and dandy, and now they have carte blanche to rape and pillage the next
villagedataset.Haha what a funny way to say massive fraud and money laundering