Cool, I think you know this but: revenue multiples are by definition based on historical data; since the round closed before March it by definition could not have included ChatGPT Pro subscriptions.
I’m sure Open AI tried to convince its investors that it was on the verge of making a bunch of money, and maybe investors believed them, who knows. I think it could be useful to redo this analysis under that assumption, if someone wants to. It does seem weird that they are supposedly only forecasting $200 million in revenue this year if they are plausibly getting more than that from just ChatGPT.
Cool, I think you know this but: revenue multiples are by definition based on historical data; since the round closed before March it by definition could not have included ChatGPT Pro subscriptions.
I’m sure Open AI tried to convince its investors that it was on the verge of making a bunch of money, and maybe investors believed them, who knows. I think it could be useful to redo this analysis under that assumption, if someone wants to. It does seem weird that they are supposedly only forecasting $200 million in revenue this year if they are plausibly getting more than that from just ChatGPT.