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> sales would need to grow at 350% for 3 years I assume you mean 350% per year over 3 years. That works out to sales growing (1+3.5)^3 = 91-fold over three yea
by cs702 2y ago
> sales would need to grow at 350% for 3 years
I assume you mean 350% per year over 3 years. That works out to sales growing (1+3.5)^3 = 91-fold over three years.
Sure, it could happen. What's more, if OpenAI achieves AGI, growth could be even faster. But what are the odds?
For investors counting on those crazy insane growth rates to justify a present valuation "above" $100B, the potential payoff is vertigo-inducing uncertain.
- JumpCrisscross 2y agoI did my math wrong. It’s grow 350% for about 19 months. 10x.
- cs702 2y agoThanks. That's still a pretty high hurdle, and it justifies only the current valuation. To justify a greater future valuation (say, 5x the current valuation, or "above" $0.5T), even faster growth would be required. That's a bold gamble.