Yeah, great point. Nvidia could potentially be overpaying. Not sure how that equates to Huggingface being "a file download mirror with a couple of side features dangling off".
While it's probably easier to say this in retrospect, they were eliminating a direct competitor to their core business. Something so advantageous it should have been blocked by regulators.
I can't see this as being as good of a purchase, especially when it's 13x the price of what was seen as an absurdly large amount back then.
Absolutely none of this makes sense and the thing that amazes me is how long it has continued. Future historians will just laugh at how stupid and obvious the crash was.
Not really. GitHub has a strong platform of paying customers and a solid product that’s hard to replicate.
Google is obvious.
Hugging Face is a file download mirror with a couple of side features dangling off.
They hit 150 million in annual recurring revenue this year.
Pretty nice dangling side features apparently.
That still leaves the company valued at 86 years of revenue
Yeah, great point. Nvidia could potentially be overpaying. Not sure how that equates to Huggingface being "a file download mirror with a couple of side features dangling off".
Just wait until you hear that Facebook bought Instagram for $1 billion in 2012, when it was generating no revenue.
While it's probably easier to say this in retrospect, they were eliminating a direct competitor to their core business. Something so advantageous it should have been blocked by regulators.
I can't see this as being as good of a purchase, especially when it's 13x the price of what was seen as an absurdly large amount back then.
You are very good at bringing up irrelevant numbers and missing the forest for the trees
You are right, we are in a post numbers and reality economy.
Absolutely none of this makes sense and the thing that amazes me is how long it has continued. Future historians will just laugh at how stupid and obvious the crash was.
Whether you realize it or not Hugging Face's monetization is just as obvious as GitHub's