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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 2 comments | 02 Sep 25 16:04 UTC | HN request time: 0.406s | source
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jdoliner ◴[02 Sep 25 16:21 UTC] No.45105172[source]▶
Every round Anthropic raises twists the knife deeper in SBF. If only he could have survived the downturn his Antropic investment alone probably could have papered over the other loses.
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stravant ◴[02 Sep 25 16:32 UTC] No.45105362[source]▶
That assumes he would have stopped with the shenanigans, which is a pretty big if.
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Symmetry ◴[02 Sep 25 16:44 UTC] No.45105587[source]▶
Proudly proclaiming on the Conversations With Tyler podcast that given a double or nothing bet with a 51% chance of success he'd keep playing forever.
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twostorytower ◴[02 Sep 25 20:20 UTC] No.45108472[source]▶
Isn't that just the right thing to do, statistically? Vegas has been operating profitably this way for decades.
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1. roncesvalles ◴[02 Sep 25 21:57 UTC] No.45109647[source]▶
It's not the same due to the Law of Large Numbers. The risk involved in many small 51% bets is very different from the risk in a single all-or-nothing 51% bet.
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2. lelanthran ◴[03 Sep 25 07:19 UTC] No.45113119[source]▶
> The risk involved in many small 51% bets is very different from the risk in a single all-or-nothing 51% bet.

Right, but parent didn't say anything about an all-in bet, just double-or-nothing on a positive EV bet.

Frankly, I'd repeatedly bet on a positive EV bet too; it's a guaranteed win if you're allowed to go on for as long as you want to.