Amazon didn’t borrow anywhere near this much. They also had the sales tax loophole that let them outprice the competition and take their market share for over a decade.
Meh rookie numbers you give me $250B too and keep doing that every year I will generate revenue $125B revenue easy. I only have to sell a dollar for 50 cents .
Same Amazon to develop AWS to profitable business spent only 30B in all capex (including e-commerce) over 12 years between 2003-15 .
Right, OK, but then that's the interesting or newsworthy claim, not the company's ratings status --- junk status for companies that later went on to become among the most successful in the entire marketplace is not unprecedented.
As someone who uses Claude Code daily for work, I fail to see how they lack a real product. It provides tangible value on a day-to-day basis, something my workplace is happy to pay for.
The more interesting questions aren’t about whether they have a real product (they do). It’s whether they can defend that product from competitors, such that their future revenues can justify the massive investments made.
The consumer product is losing them money and the possibly profitable enterprise product (API) is a smaller % of revenue and in an increasingly competitive niche. The constant disingenuous baiting and switching between the two whenever convenient is very tiresome.
Perhaps I am just blind to consumer markets, but it is not self evident for me, at least. When I think of successful consumer products, I think of stuff like Coca Cola, the light bulb, the CD, acrylic paint. Are you saying that Claude is as successful consumer products as the Ford model T, and Nike sneakers? I am not buying it.
I think speed to market and revenue of the company are nonsensical measures of successful consumer products. Like did Theranos have a successful consumer product? How about Juul?
Amazon didn’t borrow anywhere near this much. They also had the sales tax loophole that let them outprice the competition and take their market share for over a decade.
>> Amazon didn’t borrow anywhere near this much.
Amazon also did not go from ~$1B revenue to $16B in one year.
Meh rookie numbers you give me $250B too and keep doing that every year I will generate revenue $125B revenue easy. I only have to sell a dollar for 50 cents .
Same Amazon to develop AWS to profitable business spent only 30B in all capex (including e-commerce) over 12 years between 2003-15 .
Right, OK, but then that's the interesting or newsworthy claim, not the company's ratings status --- junk status for companies that later went on to become among the most successful in the entire marketplace is not unprecedented.
It is the combination of several facts what makes this unprecedented, junk rating being one of these
Amazon did not acquire debt. Period.
Huh? Yes they did. Why do you think they didn't?
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As someone who uses Claude Code daily for work, I fail to see how they lack a real product. It provides tangible value on a day-to-day basis, something my workplace is happy to pay for.
The more interesting questions aren’t about whether they have a real product (they do). It’s whether they can defend that product from competitors, such that their future revenues can justify the massive investments made.
Anthropic has one of the most successful consumer products of all time.
The consumer product is losing them money and the possibly profitable enterprise product (API) is a smaller % of revenue and in an increasingly competitive niche. The constant disingenuous baiting and switching between the two whenever convenient is very tiresome.
That is a different argument and not one I'm engaging with. The claim was made that Anthropic has no product, which is just obviously false.
Really? The most successful consumer product? of all time?
Among them, clearly.
Self evidently so, I suppose.
Perhaps I am just blind to consumer markets, but it is not self evident for me, at least. When I think of successful consumer products, I think of stuff like Coca Cola, the light bulb, the CD, acrylic paint. Are you saying that Claude is as successful consumer products as the Ford model T, and Nike sneakers? I am not buying it.
Anthropic, founded just 5 years ago, has revenue comparable to all of Nike.
I think speed to market and revenue of the company are nonsensical measures of successful consumer products. Like did Theranos have a successful consumer product? How about Juul?
No? Theranos generated under $1MM in total revenue. Juul is obviously a highly successful consumer product.
The anti-ai lab crowd is becoming increasingly cult like and putting their blinders up.