[tlakshgf]

What does revenue have to do with it? Mercedes has a revenue of $130 billion, profit of $5 billion and a market cap of $56 billion.

According to your logic, it should have a market cap of $2.6 trillion.

Conservative is to look at P/E, which is 10 for Mercedes.

Anthropic isn't even a growth stock, since it has already been force fed to everyone with one of the largest marketing and coercion campaigns in history.

[hparadiz]

I've had economics professors tell me that a "normal" business valuation is 10 years of profit so your example is in line with my thinking there. I'm just as curious to see the final numbers as you but if they are even approaching them it's not very out there to consider a high valuation. I don't wish to speculate on what the numbers actually are. I want to see them too.

[surgical_fire]

Anthropic has negative profit. There are rumors they had one quarter of profit with some accounting shenanigans.

It also has no path to become profitable.