Major Investors Are Skeptical Anthropic IPO Can Achieve $1.5T Valuation

Re:Major Investors Are Skeptical Anthropic IPO Can Achieve $... by timr on Friday November 06, 2026 @12:54AM (#50388698)

> Anthropic is renting GPUs and calling it technology.

Sure, sure. And SpaceX is "renting rockets". Nothing to see here.

While you can imitate the style of my response by ignoring all of the technical details, you've still ignored all of the details.

WeWork was not a technology company. Anthropic is.

[ Parent | on HN ]

Re:Major Investors Are Skeptical Anthropic IPO Can Achieve $... by danaris on Friday November 06, 2026 @02:22AM (#50389224)

But "Anthropic is a technology company" isn't enough to claim that their IPO valuation is reasonable.

The problem with WeWork's IPO wasn't that they aren't a tech company. It's that they didn't have a good enough business model.

AFAICT, the only one who cares about whether Anthropic, or WeWork, is a technology company, is you.

[ Parent | on HN ]

Re:Major Investors Are Skeptical Anthropic IPO Can Achieve $... by timr on Friday November 06, 2026 @03:37AM (#50389698)

I didn't claim the valuation is reasonable. I said that the comparison with WeWork is ridiculous.

> The problem with WeWork's IPO wasn't that they aren't a tech company. It's that they didn't have a good enough business model.

No, they had a fine business model. It just wasn't worth a technology company multiple.

[ Parent | on HN ]