alt Hacker NewsI am just curious, and I genuinely want to know, how is a 150 million a year in revenue company worth 13 billion dollars?
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iamflimflam1 • today at 3:33 AM
Somewhere, there’s a slide deck that shows future revenue going hockey stick.
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rvz • today at 2:48 AM
Same reason why GitHub was acquired for $7.5B at $250 million ARR which is 30x revenues:
VCs could not see any other reason to raise more money and Huggingface was not growing as fast as they thought to justify the valuation or the next fundraise.
So they might as well get Nvidia to save them from the VCs pressurizing them.
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If they are mostly paid in NVDA stock and NVDA is also valued at 40x revenues or whatever insane multiple then it makes sense.
> Here have some of my monopoly money I can print and come join us at Nvidia!