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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 1 comments | 02 Sep 25 16:04 UTC | HN request time: 0s | source
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duxup ◴[02 Sep 25 16:12 UTC] No.45105028[source]▶
These numbers seem made up at times / difficult to comprehend what they expect is happening ...
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aaronblohowiak ◴[02 Sep 25 16:24 UTC] No.45105228[source]▶
alphabet is "worth" 2.45 trillion on the public market, is anthropic worth a bit less than 10% of google going forward? I don't think that's entirely unreasonable...
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StopDisinfo910 ◴[02 Sep 25 16:34 UTC] No.45105405[source]▶
Alphabet 2024 revenue: 350 billions dollars Anthropic 2024 revenue: 1 billion dollars

Unreasonable doesn’t even start to capture it. Anthropic being worth 10% of Alphabet is beyond insane.

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1. aripickar ◴[02 Sep 25 19:09 UTC] No.45107650[source]▶
Tech Companies are valued at a multiple of next 12 months revenue, not last 12 months revenue. Since anthropic grew from $1billion to $5billion in revenue in ~8 months, that means it ~10x'ed revenue y/y off of 1 billion base. If you assume even 60% of that growth is retained (low for traditional saas businesses, but who knows), then anthropic is ~10% of google in terms of revenue in mid ~2027.

Basically, 5x-ing revenue in 8 months off of a billion dollars starting revenue is insane. Growing this quickly at this scale breaks every traditional valuation metric.

(And no - this doesn't include margins or COGS).