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paxystoday at 7:45 PM3 repliesview on HN

OpenAI is worth $800B because that’s what the last funding round valued it at. It does not mean that >50% of existing shareholders will agree to sell for that amount. If a serious buyer does emerge they will likely hold out for 2x that, maybe more.


Replies

boplicitytoday at 7:52 PM

OpenAI is worth the discounted value of their future free cash flow. It's not clear at this point how much free cash flow they will ever generate, if any.

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layer8today at 7:59 PM

Not to mention that the US would have to approve the sale to another country, which they are unlikely to do.

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einrealisttoday at 7:58 PM

Or 2x less. 800B valued is not 800B invested. And it wouldn't be the first time investors sell at a loss if sentiment declines.