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A comment on OpenAI investors keep pushing for Sam Altman’s return. Parent comment
- The puffed-up internal valuation of the company (for employee stock options) is $19 billion.
- There's a $15 valuation is by an independent financial services company (Fidelity).
- Elon saved ~$2 billion by firing a lot of his workforce (and closing one datacenter), but also...
- Lost over $3 billion out of $5 billion ad-revenue a year ago.
- And added $1 billion of interest payments (per annum) on a $13 billion loan.
- Twitter was roughly break-even prior.
5B - 5B + 2B - 3B - 1B = -2B / annum
There's nothing controversial in what I'm saying. This is pretty much the actual situation.
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- The puffed-up internal valuation of the company (for employee stock options) is $19 billion.
- There's a $15 valuation is by an independent financial services company (Fidelity).
- Elon saved ~$2 billion by firing a lot of his workforce (and closing one datacenter), but also...
- Lost over $3 billion out of $5 billion ad-revenue a year ago.
- And added $1 billion of interest payments (per annum) on a $13 billion loan.
- Twitter was roughly break-even prior.
The monetization (Premium etc.) are not even making up for 1% of that. Do you need the math on that too?There's nothing controversial in what I'm saying. This is pretty much the actual situation.