3 ms·
Startups are a special kind of company I’d say. I’m kinda curious myself… I guess openai, tho technically I doubt they’re profitable. I’m probably just forgetti
by bbor 3y ago
Startups are a special kind of company I’d say. I’m kinda curious myself… I guess openai, tho technically I doubt they’re profitable. I’m probably just forgetting a ton of obvious ones!
- scarface_74 3y agoOpenAI is only surviving because of free/reduced priced hosting on Azure.
- bbor 3y agoVery true but I think it should be considered successful nonetheless, in a way that the rest of the “”pre-profit”” startups aren’t. I mean, being the final spark for an event the size of the Industrial Revolution is pretty good! But I’m probably just biased.
- scarface_74 3y agoThe metric for success for a for profit company is profit anyone can sell dollar bills for 95 cents. OpenAI is particularly a bad example since they have negative marginal costs. Which means the bigger they get, the more money they lose.