Comment on OpenAI's annualized revenue hits $10 billion, up from $5.5 billion in December 2024
anus@lemmy.world 2 months agoRevenue is a standard unit of measurement for any venture backed business because it gauges interest and growth better than profit does
MrJgyFly@lemmy.world 2 months ago
Does that run the risk of leading to a future collapse of certain businesses, especially if their expenses remain consistently astronomical like OpenAI? Please note I don’t actually know—not trying to be cheeky with this question. Genuinely curious.
anus@lemmy.world 2 days ago
I don’t know the answer but my experience with venture capitalists is that they’re everything from absolute buffoons to incredibly data-centric in decision making
So if Y combinator cares about revenue then I think the answer to your question is no, in aggregate, but that’s just a guess based on an assumption of information that I don’t actually have