Hacker News new | ask | show | jobs
by shmatt 240 days ago
a company with 800 million weekly active users, and only losing $10B-$15B before implementing ads - which IMO is coming fast and soon to the LLM world - i would never calculate a 90% chance their shares end up at $0 before an exit option

This is the easiest money and best relationship JPM could imagine
1 comments
kibwen 240 days ago
> a company with 800 million weekly active users

Wow, that's slightly more than Yahoo has. Well, had.

link
HaZeust 240 days ago
Yahoo is a disingenuous parallel here. Yahoo lost because they didn't correctly embrace their market position in what's otherwise the very ripe industry of search engines. Search engines created the 4th most valuable company in the world (Google).

We don't know how ripe OpenAI's industry or market position is, yet. Yahoo knew what they had lost pretty early onto its spiral.

link