> is baked into the price, which doesn’t make the valuation all too crazy. Valuations for most large companies have been crazy for a while now. No one values a

> is baked into the price, which doesn’t make the valuation all too crazy. Valuations for most large companies have been crazy for a while now. No one values a company based on fundamentals anymore, its all pure gambling on future predictions. This isn't unique to OpenAI by any means, but they are a good example. Last I checked their revenue to valuation multiplier was in the range of 42X. That's crazy.