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I mean can't anyone produce $1B in revenue by selling something for $10 that costs $100? Isn't the hard part doing this profitably? Spun another way, doesn't
by outside1234 3y ago
I mean can't anyone produce $1B in revenue by selling something for $10 that costs $100? Isn't the hard part doing this profitably?
Spun another way, doesn't this revenue level imply they are burning cash like crazy and might soon go bankrupt?
- rossdavidh 3y agoYes.
- amanj41 3y agoDepending on how much of their usage is driven by the free public ChatGPT version, I wouldn't be surprised if they could close the loss gap if they switched to paid only. I believe enough people are hooked on it that any one of them would be willing to fork out a few bucks a month.
- TillE 3y agoAs in every other online service market, that's a really hard sell if your competitors (eg, Bard) remain free. I think giant companies won't mind burning cash for at least a few years while they figure this stuff out.
- rvz 3y ago> Isn't the hard part doing this profitably? Correct.