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OpenAi's last year's loss was about $5 Billion. So it's like burning $13 Million every day. For perplexity, the losses are not publicly disclosed. Tho this year, it's hoping to do $100m in ARR. So if we assume that losses will be twice the revenue, then they're burning about $0.5 Million every day.
Passionate about Pos... • 1m
Perplexity AI is reportedly closing in on a $500 million funding round at a $14 billion valuation. That’s nearly 5x growth in under a year. 📌 Summary – Perplexity in talks for $500M @ $14B – Accel to lead round – ARR just under $100M – Competing
See MoreHistory always repea... • 7m
🤣 Chinese coffee chain Luck Inn Coffee, in partnership with a liquor brand, sold 5.4 million cups of latte in a single day. That's equivalent to $13.7 million in 24 hours. ☕💰 🚀 Interestingly, the alcoholic content in the latte is less than 0.5%.
See MoreHistory always repea... • 7m
🤣 Binance Founder Changpeng Zhao Earned $25 Million for Every Day in Prison 💸 From May 31 to September 27, Zhao was imprisoned due to a case involving violations of banking secrecy 🏛. He became the richest person ever to be imprisoned in the U.S.
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SucSEED Ventures • 3m
The era of ultra-lean, high-impact startups is here. We’re witnessing a quiet revolution, one where tiny teams (and sometimes even solo founders) are building multi-million and even billion-dollar businesses. Y Combinator recently highlighted that
See MoreUnfiltered and real ... • 4m
Found this amazing VC vs Bootstrap Analogy! Give it a read. VCs sell you dreams. But bootstrappers build wealth today. Turning down every investor pitch for 12 years to bootstrap to $5M ARR has proven to be the best bet of my journey. Here's the
See MoreEntrepreneur | Build... • 9m
OpenAI is expected to face significant losses of approximately $44 billion before achieving profitability in 2029. A recent report from The Information sheds light on OpenAI's financial situation, revealing several key points: 1. OpenAI is unlikely
See MoreFull Stack Developer... • 3m
Got this photo from someone on LinkedIn. It said: “Not all heroes ship every sprint.” And it made me think— Do we really need to be in war mode every sprint just to be seen as valuable in the eyes of management? At the end of the day, we’re often b
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