AI Twitter is very software-brained. The ai accelerationists are directionally correct but their timelines are way too aggressive due to infrastructural constraints. They’re neither finance nor infrastructure gurus.
If you’re asking about absolute valuation then yes obviously a bigger mkt means bigger mkt cap. But high capex compresses margins which keeps relative val (p/s etc) lower than SaaS.
Love that you keep coming up with thought-provoking material I don't see anywhere else. And I'm all over AI Twitter.
AI Twitter is very software-brained. The ai accelerationists are directionally correct but their timelines are way too aggressive due to infrastructural constraints. They’re neither finance nor infrastructure gurus.
Does OpenAI being in a much bigger market + mind share/brand justify a "much" higher valuation than NEER?
If you’re asking about absolute valuation then yes obviously a bigger mkt means bigger mkt cap. But high capex compresses margins which keeps relative val (p/s etc) lower than SaaS.
Yes. Main point is exploding market & they have huge market share.
Sure. It’s just not a SaaS company. Or it won’t be assuming stargate is built.
Yep, makes sense.