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This is like saying GitHub or Google just gives away everything for free
by weird-eye-issue 1mo ago
This is like saying GitHub or Google just gives away everything for free
- Gigachad 1mo agoNot really. GitHub has a strong platform of paying customers and a solid product that’s hard to replicate. Google is obvious. Hugging Face is a file download mirror with a couple of side features dangling off.
- weird-eye-issue 1mo agoWhether you realize it or not Hugging Face's monetization is just as obvious as GitHub's
- calebkaiser 1mo agoThey hit 150 million in annual recurring revenue this year. Pretty nice dangling side features apparently.
- Gigachad 1mo agoThat still leaves the company valued at 86 years of revenue
- calebkaiser 1mo agoYeah, great point. Nvidia could potentially be overpaying. Not sure how that equates to Huggingface being "a file download mirror with a couple of side features dangling off".
- weird-eye-issue 1mo agoJust wait until you hear that Facebook bought Instagram for $1 billion in 2012, when it was generating no revenue.
- Gigachad 1mo agoWhile it's probably easier to say this in retrospect, they were eliminating a direct competitor to their core business. Something so advantageous it should have been blocked by regulators. I can't see this as being as good of a purchase, especially when it's 13x the price of what was seen as an absurdly large amount back then.
- weird-eye-issue 1mo agoYou are very good at bringing up irrelevant numbers and missing the forest for the trees
- Gigachad 1mo agoYou are right, we are in a post numbers and reality economy.
- weird-eye-issue 1mo agoAre you 15x more sure of that than you were last year?
- Mistletoe 1mo agoAbsolutely none of this makes sense and the thing that amazes me is how long it has continued. Future historians will just laugh at how stupid and obvious the crash was.