$500 million in run-rate revenue
Absolutely astounding that they can raise $13B on a sixth round of funding on that.
For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.
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Hackworth@sh.itjust.works 6 months ago$500 million in run-rate revenue
Absolutely astounding that they can raise $13B on a sixth round of funding on that.
For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.
500 million was specific to Claude Code, they are at 5 billion annual run rate and growing
I see. That definitely makes 13B way more sane.
They’ve raised $32 billion total. Does it still sound sane?
Yikes.
prole@lemmy.blahaj.zone 6 months ago
Does this imply that it’s the sixth round?
Goddamn.