Hacker News with Generative AI: Valuation

Behind Musk's X Turnaround: Pick-and-Choose Financials (bloomberg.com)
Even as Elon Musk’s X Holdings Corp. basks in a valuation facelift, the social-media platform remains mired in debt and its improved fortunes owe much to heavily adjusted financials and investors’ fear of missing out.
Ilya Sutskever's SSI is raising $1B+ on $30B valuation (siliconangle.com)
Safe Superintelligence Inc., a company co-founded by former OpenAI employee and co-founder Ilya Sutskever is reportedly in the process of raising a new round of more than $1 billion on a valuation of more than $30 billion.
Ilya Sutskever's startup in talks to fundraise at roughly $20B valuation (techcrunch.com)
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters.
A.I. Military Startup Anduril Close to Deal That Would Value Company at $28B (nytimes.com)
Anduril, an artificial intelligence military start-up, is set to complete a new round of funding that will double the value of the company to $28 billion, according to four people familiar with the negotiations.
Why OpenAI's $157B valuation misreads AI's future (Oct 2024) (foundationcapital.com)
When OpenAI raised $6.6B earlier this month—the second-largest private funding round in history, topped only by its own $10B raise from Microsoft last January—it wasn’t just setting records. It was making an argument about where AI will create value and who stands to capture it.
SpaceX Share Sale Values Company at About $350B (bloomberg.com)
SpaceX and its investors have agreed to purchase as much as $1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about $350 billion, according to an internal email seen by Bloomberg.
There's a real math problem with MicroStrategy's obscene valuation premium (sherwood.news)
MicroStrategy, Michael Saylor’s software company turned bitcoin-holding vehicle, is worth $106 billion, making it one of America’s largest 100 companies by market capitalization.
Databricks closes in on multibillion funding round at $55B to cash out employees (cnbc.com)
Nvidia dethrones Apple as the most valuable company (businessinsider.com)
Nvidia briefly surpassed Apple as the world's most valuable company on Friday with a $3.53 trillion valuation.
Capture less than you create (world.hey.com)
I beam with pride when I see companies like Shopify, GitHub, Gusto, Zendesk, Instacart, Procore, Doximity, Coinbase, and others claim billion-dollar valuations from work done with Rails.
The Indian startup bubble is insane (ashishb.net)
Bengaluru-based Postman, a API management product, has raised a total of $433 million valuing it at ~$5.6B. Its revenue was $171M in 2023. As a comparison, Rubrik with ~$850M ARR is valued at $6B or about 7 times its revenue. The same metric would put Postman’s valuation at $1.2B. I would argue further that Postman has much lower stickiness and will face higher churn and hence, the revenue multiple would be lower for Postman.
OpenAI's $157B Valuation and Why Altman Is One of the Last Founders Left (bloomberg.com)
Five years ago, OpenAI was a scrappy startup run by a handful of executives, with a heavy emphasis on research. The company was so concerned about people misusing its latest artificial intelligence model — a text-generating program known as GPT-2 — that it initially decided not to release the software.
OpenAI completes deal that values company at $157B (nytimes.com)
OpenAI said on Wednesday that it had completed a $6.6 billion fund-raising deal that nearly doubles the high-profile company’s valuation from just nine months ago.
Musk's $44B Twitter now valued at just $9.4B as X (theverge.com)
Musk’s $44 billion Twitter now valued at just $9.4b as X.
Our ping pong startup hit a $50M valuation in 5 years by tapping into automation (fortune.com)
How our ping pong startup hit a $50M valuation in 5 years by tapping into automation
OpenAI is reportedly going all-in as a for-profit company (mashable.com)
OpenAI may be overhauling its complex nonprofit structure in favor of a traditional for-profit push in 2025, the key to a potential $150 billion valuation as the AI leader veers down a similar profit-seeking path to that of its Silicon Valley peers.
OpenAI Fundraising Set to Vault Startup's Value to $150B (bloomberg.com)
OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion, according to people familiar with the situation.
Ask HN: How to sell a startup for $5M in 5-10 years? (not about product ideas) (ycombinator.com)
Bolt raises $450M at $14B valuation (twitter.com)
Cameo was once valued at $1B (businessinsider.com)
CrowdStrike is not worth 83B Dollars (reddit.com)
SpaceX Tender Offer Said to Value Company at Record $210B (bloomberg.com)
SpaceX Weighs Plan to Sell Shares Valuing Firm at $200B (bloomberg.com)
Vercel completes $250M Series E round at $3.25B valuation (reuters.com)
Lacework, last valued at $8.3B, is in talks to sell for just $150M to $300M (techcrunch.com)