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> please tell me how these companies that are being invested in in the AI space are going to make returns on the money invested? What’s the business plan? Not
by hintymad 2y ago
> please tell me how these companies that are being invested in in the AI space are going to make returns on the money invested? What’s the business plan?
Not a VC, but I'd assume in this case the investors are not investing in a plausible biz plan, but in a group of top talent, especially given how early stage the company is at. The $5B valuation is really the valuation of the elite team in a arguably hyped market.