3 ms·
I don’t know the exact numbers, but I feel like OpenAI raised far more money than those companies, burned through it far quicker and has much more competition w
by nmfisher 11mo ago
I don’t know the exact numbers, but I feel like OpenAI raised far more money than those companies, burned through it far quicker and has much more competition with a much shakier value proposition.
They definitely have a strong consumer brand so it’s not like they’re going to disappear, but I understand the bear case.
- laluser 11mo agoSam A is pretty well connected and knows the game well. No doubt there will be some risks where the whole thing goes right down to zero, but I personally wouldn't bet against them.
- int_19h 11mo agoI wouldn't bet against Sam Altman personally, but that's very different from betting on OpenAI.
- nmfisher 11mo agoI'm sure Sam A will be fine, an IPO will probably see him ride off into the sunset with billions. The average public investor buying pre-IPO shares, though, is a different story.