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i don't think that it is possible to raise a 100 billion without name dropping ai in every sentence in every meeting you have with a potential investor....
by alwahi 1y ago
i don't think that it is possible to raise a 100 billion without name dropping ai in every sentence in every meeting you have with a potential investor....
- quickthrowman 1y agoThey are not raising $100B, they are raising money at a valuation of $100B.
- Temporary_31337 1y agowhat is the investor thesis for coming in with such a multiple? You know they will have to find a a greater fool, possibly the public to buy at an even higher ratio to break any profit on that....
- chris_va 1y agoThis isn't really venture investing at this point. The valuation risk calculation is very different for preferred shares than common stock, and with a healthy ARR they have very little risk (maybe not much profit, but it's not that different than a bond on some level...).