Anthropic raises $13B Series F

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).

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.