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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 1 comments | | HN request time: 0s | source
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xpe ◴[] No.45106287[source]
Remember the YouTube acquisition? Many probably don’t since it was 2006. $1.65B. To many, it seemed bonkers.

Narrow point: In general, one person’s impression of what is crazy does not fare well against market-generated information.

Broader point: If you think you know more than the market, all other things equal, you’re probably wrong.

Lesson: Only searching for reasons why you are right is a fishing expedition.

If the investment levels are irrational, to what degree are they? How and why? How will it play out specifically? Predicting these accurately is hard.

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pnt12 ◴[] No.45109732[source]
I mean, this sounds like survivor bias in action?

Google also bought Motorola for 12 billion and Microsoft bought Nokia for 7 billion. Those weren't success cases.

Or more similarly, WeWork got 12B from investor and isn't doing well (hell, bankrupt, according to Wikipedia).

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1. tick_tock_tick ◴[] No.45109921[source]
> Google also bought Motorola for 12 billion and Microsoft bought Nokia for 7 billion. Those weren't success cases.

A lot of that was patent acquisition rather than trying to run those businesses so it's hard to say a success or not.