market threads latest | past | mail | submit OpenAI prepares to IPO at $1 trillion valuation (www.reuters.com) 3 points by enron_ceo 3 months ago | report | 3 comments add commentPlease login enron_ceo 3 months ago IPO at a trillion and will be not even 1/10th of that 6 months later. share report reply st1ckyfing3rs 3 months ago Assuming a bit more than double revenue by end of next year, that's still only ~$40 billion (and they would still be operating at a loss). So you're paying $25,000 up front for each $1 in revenue, for a company that is not turning a profit. share report reply margarita 3 months ago VCs looking for future bagholders. Sign up here. share report reply
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IPO at a trillion and will be not even 1/10th of that 6 months later.
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Assuming a bit more than double revenue by end of next year, that's still only ~$40 billion (and they would still be operating at a loss). So you're paying $25,000 up front for each $1 in revenue, for a company that is not turning a profit.
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VCs looking for future bagholders. Sign up here.
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