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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 4 comments | 02 Sep 25 16:04 UTC | HN request time: 0.001s | source
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ankit219 ◴[02 Sep 25 16:35 UTC] No.45105422[source]▶
Their projections for ARR at the end of this year at a high of $9B[1] at the end of this year. And reported gross margins of 60% (-30% with cloud providers partnerships). All things considered, if this pans out, it's a 20x multiple. High yes, but not that crazy. Specially considering their growth rate and that too at a decent margin at gm level.

[1]: It was $3B at the end of May (so likely $250M in May alone), and $5B at end of july (so $400M that month).

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1. 1oooqooq ◴[02 Sep 25 17:19 UTC] No.45106080[source]▶
exactly. what are people who make these investments even betting on? it certainly is not revenue or dividends. so it can only be a bet the stock will go up faster than other less risky stocks.

and we continue to pretend that market generates any semblance of value.

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2. utyop22 ◴[02 Sep 25 22:05 UTC] No.45109730[source]▶
But if you're an investor who doesn't care about the long-term value of the firm, all you care about is maximizing your return on future sales of the shares of stock.

Doing proper intrinsic valuation with technology firms is nigh-on impossible to do.

3. jedberg ◴[02 Sep 25 23:23 UTC] No.45110403[source]▶
> what are people who make these investments even betting on?

They they achieve AGI or a close approximation, and end up wealthier than god.

That's basically the bet here. Invest in OpenAI and Anthropic, and hope one of them reached near AGI.

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4. 1oooqooq ◴[03 Sep 25 02:41 UTC] No.45111747[source]▶
hahahhahahahahahahahahhaha... oh wait, you're serious?