00:00 Speaker A <\/p>\n
So there’s a lot of talk now about sort of sequencing, right? Like obviously SpaceX will is first. Now Anthropic it looks like it’s going to be second, and then OpenAI will be third. Like what do you so you as somebody who covers this AI stuff, like what’s your top anthropic question? What do you want to find out when that happens? <\/p>\n
00:23 Speaker B <\/p>\n
How much money do you actually make? How much money do you make versus how much you’re burning through? I mean, you know, they they signed deals with for compute constantly. You know, uh they do sign deals with partners as well. How much of that are you actually gaining back and when do you expect to, you know, go cash flow positive? Is that going to be years and years into the future? Uh is it going to be like an Amazon situation where you go, you know, public and everyone’s like, oh, where’s what? How how what’s going on? Uh and then eventually become the behemoth that it is. But I I do think that that’s probably my my big question. Um I I also, you know, obviously we’ll have to wait for Open AI, but I think that that kind of the tension between the two, which is actually doing better than the other. You know, they’ll they’ll tell us we’ve our revenue run rate is, you know, X for however <\/p>\n
01:34 Caleb <\/p>\n
Well, they said 47 billion as of this year. Up from 9 billion. <\/p>\n
01:38 Speaker B <\/p>\n
But that’s run rate. <\/p>\n
01:38 Caleb <\/p>\n
last year. Right. <\/p>\n
01:39 Speaker B <\/p>\n
Right, exactly. <\/p>\n
01:40 Caleb <\/p>\n
So actually how much of that are you keeping when coming down to the bottom line. <\/p>\n
01:42 Speaker B <\/p>\n
Yeah. It was 30 billion the the the month prior too. So it’s like, all right, what what what do these numbers then actually mean? We’re not It’s not exactly the the crystal clear picture that we’re going to get when we get the S1 and I think that to me is going to be the most interesting. <\/p>\n
02:00 Speaker A <\/p>\n
Yeah, I mean, and and this also goes back to the discussion we were just having because again, it’s more issuance, it’s more demand for people’s dollars. And I’m curious for you, Caleb, like, you know, you have a good insight into the retail investing community. Are people going to buy these things no matter what? Do they just like want it because it seems exciting and interesting? <\/p>\n
02:24 Caleb <\/p>\n
Yeah. I think so. You’re going to get the that that cadre of retail investors that want to buy every single one of these big IPOs that are coming out. effectively, they kind of already own them indirectly if they’re already invested in some of the mega big tech companies or there’s a lot of private investment that retail investors can do today where they feel like I’m already an owner of this company. But I do feel like they’ll attract attention. There’s been a lot of studies, Jay Ritter down in Florida’s done it, a lot of IPO experts have done it that say, the first one out usually does better. If there’s a cluster of three or four, especially of this magnitude, we’re talking about near trillion dollar companies here, or trillion dollar plus companies, that only the one or two are going to get the attention from retail investors. I actually don’t think that’s true today. I think this is going to be a big bonanza. There’ll be a lot of buying and we could see one or two of these deflate very quickly. Remember, Facebook took many months before that IPO became actually a good stock to own after a while. So you’ll probably get one or two that are the early leaders, but everyone that’s involved in retail trading and wants to kind of have ownership. They’re going to buy into these. <\/p>\n","protected":false},"excerpt":{"rendered":"00:00 Speaker A So there’s a lot of talk now about sort of sequencing, right? Like obviously SpaceX…\n","protected":false},"author":2,"featured_media":59329,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[34410,2209,1736,157,25322],"class_list":["post-59328","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-caleb-silver","tag-dan-howley","tag-julie-hyman","tag-openai","tag-upcoming-ipos"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/59328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=59328"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/59328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/59329"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=59328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=59328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=59328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}