OpenAI at $852 Billion: A Valuation, a Vibe, and a Math Problem
OpenAI just raised $122B at $852B post. We have seen private valuations like this before. Some of them were right; most were not. How to think about which kind this is.
Columnist · Cross-cutting op-eds and 'veteran take' sidebars
Hank Reed
Two-time founder, longtime tinkerer, recovering optimist. Writes about technology, markets, and what gets lost in the rush.
Hank is the site's columnist — the editorial point of view. Thirty-plus years in tech, a couple of exits, has watched every cycle since the dotcom bust. Skeptical of the parts that warrant skepticism, sympathetic to the people doing the actual work.