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I have a high revenue business opportunity.

If you give me $100, I will give you back $101, funded by equity raises.

Very high growth, very high revenue, huge customer satisfaction.

We hope to be profitable one day, already foresee a mechanism to double profitability per transaction and also double the number of transactions our customers perform.

Please let me know if you are keen to invest.



Now let’s see you do this with 40B. The f you can do that I will be intrigued, since it sounds like you solved a bunch of complicated economic problems.


I could sell someone a hundred billion dollars for 40 billion dollars and have 40b in revenue. It would never make me any money.


Of course you can sell $1 for 90¢, but your unit economics look terrible. If you want to seriously critique Anthropic you need to explain why their unit economics are bad.

Given that they just filed a (confidential) S-1, we will get an answer soon enough.

I expect it's going to look a bit more like selling 38 billion dollars for 40 billion in revenue^ than your example.

^ Some other caveats about how they're marking their p&l, but I think if the growth continues and they have a durable moat^^ then this will look like Amazon and be able to pivot into higher margin stuff

^^ haha this is the biggest condition, but I'm optimistic




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