I think most the serious investors know. But, in a bubble, stock value can keep going up long past the point that makes sense. If you think that’s going to happen, it can make sense to invest even if you think it’s a losing play in the long run.
This should really make the timing more urgent for Anthropic. I was legitimately surprised when they decided to delay the IPO.
Also there’s still a real chance that Anthropic has some real value proposition that I’m not understanding, though I’ve yet to find someone who can make a coherent argument for what that looks like.
Does anybody believe that the investors do not know it?
I think most the serious investors know. But, in a bubble, stock value can keep going up long past the point that makes sense. If you think that’s going to happen, it can make sense to invest even if you think it’s a losing play in the long run.
This should really make the timing more urgent for Anthropic. I was legitimately surprised when they decided to delay the IPO.
Also there’s still a real chance that Anthropic has some real value proposition that I’m not understanding, though I’ve yet to find someone who can make a coherent argument for what that looks like.