[thewebguyd]

Compounding revenue & operating loss at those same rates (3.5x and 2.4x respectfully) puts those two lines meeting at around 2031. That'd be about 9-10 years to profitability, that seems pretty normal. Amazon took 9 years, Uber took 14 years before its first profitable year.

[mamonster]

>Amazon took 9 years, Uber took 14 years before its first profitable year

Both had a path to profitability in an environment of falling interest rates. OpenAI is going public in an environment of higher for longer interest rates. The discounting math is nowhere near as attractive for investors.

[deepdarkforest]

both amazon and uber used that spending to deliver a network effect moat/almost monopoly.

But openai's chance of a moat on model quality is dropping as we go, not increasing

[mike_hearn]

Neither Amazon nor Uber have monopolies nor much of a network effect. Amazon retail is or was famously low or near zero margin with their profits driven by AWS. Uber's margins are not much better than any average business.