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Aka he lost the bet :)

• username90 7y ago
  Sam Altman's bet isn't interesting in itself, as it looks today the market was significantly undervalued in 2015. Even Sam Altman's pretty aggressive estimations undervalued it, he just guessed wrong on which players would become big. So it definitely wasn't a bubble.
  • ghaff 7y ago
    And over 10 years ago, people were joking about bubbles in the context of companies like Facebook. https://www.theguardian.com/technology/blog/2007/dec/19/herecomesanotherbubblesong https://www.theguardian.com/technology/blog/2007/dec/19/here... Whatever is to come with e.g. the decreased interest in the public markets for loss-making companies with no apparent path to profitability, the last 10 years have apparently not been a bubble for any reasonable definition of the term.
• wpietri 7y ago
  Definitely. If we get to wiggle things in retrospect, then we're not talking about the bet itself, but the set of all bets that 5 years later somebody on HN would see as plausible wiggling of the terms to match current conditions. That's surely a lot of bets, among which we'd expect to find several winners.