OpenAI's funding deal was priced at 13.5x forward revenue
Matt Turck · Superintelligence, Bubbles And Big Bets: AI Investing in 2024 | Matt Turck & Aman Kabeer, FirstMark · Nov 8, 2024 · at 24:06
Matt Turck (VC at FirstMark) argues that OpenAI's valuation is reasonable compared to public tech market multiples.
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“The multiple on the deal on a forward revenue basis was 13.5 X.”
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