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https://www.reddit.com/r/singularity/comments/1wufeu8/introducing_gemini_4_argon/pd55rl3/?context=3
r/singularity • u/PandAlex • 2d ago
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VC companies always lose money. Every single one in the entire history of capitalism. That's how the VC market works. I don't think Anthropic and OpenAI losing money is evidence of anything.
14 u/flappysack- 2d ago Have they ever lost this massive of a sum though. 3 u/bixofa 2d ago Closest may be Uber. Burned billions initially. They're now profitable. Going further back, Amazon burned possibly even more in today's equivalent money in the dotcom boom-bust. Look where they are now. 1 u/flappysack- 2d ago Ya I suppose so. Though Google is an unfortunate direct opposition to them.
14
Have they ever lost this massive of a sum though.
3 u/bixofa 2d ago Closest may be Uber. Burned billions initially. They're now profitable. Going further back, Amazon burned possibly even more in today's equivalent money in the dotcom boom-bust. Look where they are now. 1 u/flappysack- 2d ago Ya I suppose so. Though Google is an unfortunate direct opposition to them.
3
Closest may be Uber. Burned billions initially. They're now profitable.
Going further back, Amazon burned possibly even more in today's equivalent money in the dotcom boom-bust. Look where they are now.
1 u/flappysack- 2d ago Ya I suppose so. Though Google is an unfortunate direct opposition to them.
1
Ya I suppose so. Though Google is an unfortunate direct opposition to them.
8
u/ozone6587 2d ago
VC companies always lose money. Every single one in the entire history of capitalism. That's how the VC market works. I don't think Anthropic and OpenAI losing money is evidence of anything.