Valuation is merely a prediction on how valuable the company is now and how much they will grow in the future, it’s basically a hype train with money in mind. FTX is valued at $32billions in 2022, we all know what happened to the company that year. Same goes for NFT. It is still impressive Antropic’s revenue is at $20 billions though, if you ignore the expenses and the cash they burned so far.
Valuation is merely a prediction on how valuable the company is now and how much they will grow in the future, it’s basically a hype train with money in mind. FTX is valued at $32billions in 2022, we all know what happened to the company that year. Same goes for NFT. It is still impressive Antropic’s revenue is at $20 billions though, if you ignore the expenses and the cash they burned so far.