It’s not about the company. It’s the investors that are making the profits. They dont care whether its making a profit or not, as long as they are making a profit themselves.
OTOH OpenAI is not on the public stock market, so current investors can’t really sell their shares and there’s no way they actually raise the valuation it has.
Yes. Except that cursor is running at a loss and so is the company running the LLM that they pass all the work on to.
Nvidia making bank though.
It’s not about the company. It’s the investors that are making the profits. They dont care whether its making a profit or not, as long as they are making a profit themselves.
How are the investors making a profit when the company is being run at a massive loss?
Probably selling their shares to the next grifer or something, I don’t know how the stock market casino actually works.
Yeah that’s basically it. They’re betting that they’re not holding the shares when the company falls. Sometimes they are actually betting the opposite
OTOH OpenAI is not on the public stock market, so current investors can’t really sell their shares and there’s no way they actually raise the valuation it has.