Yes, that's accurate.
Are you trying to say "the Anthropic API surely cannot be highly marked up! Therefore subscriptions surely are selling at a loss!"? If not, I'm not sure how your comment is particularly relevant to the discussion?
Yes, that's accurate.
Are you trying to say "the Anthropic API surely cannot be highly marked up! Therefore subscriptions surely are selling at a loss!"? If not, I'm not sure how your comment is particularly relevant to the discussion?
I mean, it's worth pointing out because either API pricing is crazy marked up and thus subscriptions are still profitable if they are used at full amount or subscriptions are subsidized and API pricing is more true cost. Sure, it could be second one but due to average usage, it's profitable overall.
Right. Either way, there's nothing at all to support that subscription plans are "massive losses" except the original commenter's imagination. A subscription/API price delta does not a massive loss make.
Agreed, but there is also no information to think subscriptions are profitable either. S-1 doesn't really explain it.