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Someone noted they pass through 100 billion annually if I remember correctly, but they also take a 5.5% cut, so Stripe secures them as a “customer” while gettin
by giancarlostoro 2mo ago
Someone noted they pass through 100 billion annually if I remember correctly, but they also take a 5.5% cut, so Stripe secures them as a “customer” while getting their money back over time. It also to me feels like an adjacent business aligned with sort of what Stripe already does to begin with, being someone elses middle man.
- throw03172019 2mo agoThat feels high if they were bought at $7B? 5.5% of $100B is $5.5B in annual revenue. 1.3x multiple for AI. No way
- byzantinegene 2mo ago100b sounds implausible if you consider that anthropic's revenue is only expected to reach 100b this year, 100m is more likely.
- alex43578 2mo ago100b is too high, but 100m is way too low.
- deleted 2mo ago[deleted]
- johnbarron 2mo agoWho is that someone? And unnamed employee that told somebody else? They make less than 140 million in revenue, what today is like 5 signing bonus for OpenAI :-) They are not profitable and see through less than 2 billion in revenue. These are easy to check so...