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It’s an absolutely hilarious/absurd valuation for a company that has absolutely no path to do anything other than lighting money on fire, forever. I’d call it n
by jmye 6mo ago
It’s an absolutely hilarious/absurd valuation for a company that has absolutely no path to do anything other than lighting money on fire, forever. I’d call it nonsense, but Tesla’s valuation proves the market runs on shenanigans, at this point, so whatever.
If people want to meme OpenAI into a trillion dollar market cap, I guess let them?
- drivebyhooting 6mo agoLet them. And have pension funds and 401Ks automatically go for the ride too.
- jmye 6mo agoshrug Sue the fund managers investing in dumb memes, and the HR people who picked those benefit plans. Not sure what you’d propose, instead - they don’t have to directly tell anyone they know they’ll never turn a profit, yet.