slothrop@lemmy.ca to Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ@lemmy.dbzer0.comEnglish · 1 month agoSpotify and Major Music Labels Sue Anna’s Archive for $13 Trillionhackread.comexternal-linkmessage-square103fedilinkarrow-up1377arrow-down14
arrow-up1373arrow-down1external-linkSpotify and Major Music Labels Sue Anna’s Archive for $13 Trillionhackread.comslothrop@lemmy.ca to Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ@lemmy.dbzer0.comEnglish · 1 month agomessage-square103fedilink
minus-squarePhoenixz@lemmy.calinkfedilinkEnglisharrow-up4·1 month agoAre you going to tell me that investors are bumb enough not to see that nobody will ever even see a % of a % of a % of a % of a % of that number?
minus-squareArseAssassin@sopuli.xyzlinkfedilinkEnglisharrow-up11·1 month agoWhy, none of that matters. Stock markets run on the hopes and dreams of investors. That’s how guys like Sam Altman can get away with evaluating their company at $1 trillion despite the bottom line showing them doing nothing but wasting funds.
minus-squarePhoenixz@lemmy.calinkfedilinkEnglisharrow-up5·1 month agoSo in other words, yes, they are that dumb
minus-squareranzispa@mander.xyzlinkfedilinkEnglisharrow-up1·1 month agoWhile I do agree in general, Open ai is not a public company. Valuation logics of private companies are quite different than stock market.
minus-squareArseAssassin@sopuli.xyzlinkfedilinkEnglisharrow-up3·1 month agohttps://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/
Are you going to tell me that investors are bumb enough not to see that nobody will ever even see a % of a % of a % of a % of a % of that number?
Why, none of that matters. Stock markets run on the hopes and dreams of investors. That’s how guys like Sam Altman can get away with evaluating their company at $1 trillion despite the bottom line showing them doing nothing but wasting funds.
So in other words, yes, they are that dumb
While I do agree in general, Open ai is not a public company. Valuation logics of private companies are quite different than stock market.
https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/