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VCGuy

Believe me, it’s not... • 7m

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B 💡FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscribers (55%) - $714 M from ChatGPT Enterprise, 1.2 M seats (21%) - $510 M from API fees (15%) - $290 M from ChatGPT Team, 980k seats (8%) 📄OpenAI has conducted two tender offers in the past two years: - Early 2023: Employees sold stock options to a16z, Sequoia, and K2 Global at a $29 B valuation. - February 2024: Another ESOP sale led by Thrive Capital, valuing the company at $86 B valuation. ⏩Reference point: AI companies in the top 25% are currently valued at around 41x their earnings (HuggingFace, AtomicAI, Perplexity)

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The Whole Ai War Summurized! Nov 30, 2022: OpenAI launches ChatGPT (built on GPT-3.5). Dec 5, 2022: ChatGPT reaches 1 million users within five days, setting a world record. 2023; Jan 2023: ChatGPT achieves 100 million users within two months of l

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🚀 OpenAI’s valuation curve looks like a SpaceX launch From a non-profit in 2015 to a $157B AI powerhouse in 2024, Eric Flaningam's chart perfectly captures the wild trajectory. Some key moments: ▪️ 2015: Founded as a non-profit with $1B in fundin

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VCGuy

Believe me, it’s not... • 7m

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ⏩Invest

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Believe me, it’s not... • 8m

Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ➡️Total Funding: $45 M (Seed at $3 M, Series A at $18 M) ⏫Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan

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Inactive

AprameyaAI • 7m

OpenAI has generated $3.4 billion in annualized revenue from ChatGPT subscriptions as of mid-2024. This represents a more than doubling of revenue from late 2023, when it was around $1.6 billion. Most of OpenAI's revenue, about $3.2 billion on an an

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Anonymous
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Claude’s revenue: $150 million. ChatGPT’s revenue: $2.7 billion. For most people, "AI" essentially means ChatGPT. . . . Why is ChatGPT the AI that everyone knows? Simple: DISTRIBUTION. OpenAI hasn’t just made a great product, they’ve made sure it

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VCGuy

Believe me, it’s not... • 1m

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SamCtrlPlusAltMan

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OpenAI • 5m

OpenAI's Massive Funding Round OpenAI, the AI powerhouse, is making big moves: • Raising $6.5B at a whopping $150B valuation 📈 • Nearly doubling previous $86B valuation • Seeking $5B credit line from banks 🏦 Who's in? • Thrive Capital leading •

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