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ChatGPT parent OpenAI seeks $86B valuation
- paulpauper 3y agoThis is even in spite of the recent market correction, runaway inflation ,etc. So much for that argument that rising inflation is bad for tech valuations or will bring about a newfound sobriety. Investors do not care about 5% inflation or 6% interest when they expect to double their money in a year. Similar to Facebook, Snapchat, or Uber in 2010/2011 , the public cannot participate, but will have to buy at a vastly inflated price when it goes public.