Andrew LokenauthFluentInFinance@mastodon.social
Oct 5, 2026, 5:02 PMAnthropic is now worth $965B. JPMorgan, the biggest bank in America, is worth $900B.
One took 227 years to get here. The other took 5.
Replies
JavensbukanJavensbukan@cosocial.caOct 5, 2026, 5:12 PM@FluentInFinance Deffo *not* a bubble! 🤡
Reinald KirchnerReinald@nrw.socialOct 5, 2026, 5:26 PM@Javensbukan @FluentInFinance somebody "claims", they are worth Billions. To get more VC to burn. That is a funny claim for a company that have not ever made a single dollar of profit. That does not even have a business model that could be reached with scaling something. By now they scale up only more losses.
lemgandilemgandi@mastodon.socialOct 5, 2026, 5:28 PMWorth is what someone is willing to pay for it.
Raycallmeray@techhub.socialOct 5, 2026, 5:32 PM@FluentInFinance
And how much are they worth after they buy back all their outstanding stock? The meaning of company valuations died in the Reagan era.
Derò 🇨🇦Dero_10@thecanadian.socialOct 5, 2026, 5:34 PM@FluentInFinance @jd One has a product, the other is the ruination of civilization
Kevin Kleinekevinkleine@mastodon.onlineOct 5, 2026, 5:51 PM@FluentInFinance and one will still be worth that in two years
Ashwin Dixitashwin@defcon.socialOct 5, 2026, 9:08 PMNeither will be.
- Ashwin Dixitashwin@defcon.socialOct 5, 2026, 9:11 PM
Capitalism is in its death throes, so companies are hyping and inflating their valuations through shady means, to try to appear bigger than they are.