Kamath: Unprofitable AI startups generating $50M in revenue are valued at $30B
Nikhil Kamath · India vs. China vs. US: Who Wins the Next Decade? | WTF is Finance | Ep 1 ft. Ruchir Sharma · Nikhil Kamath · Sep 3, 2025 · at 1:17:43
Nikhil Kamath describes private valuations he observed while meeting leading AI companies in the US.
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“Like, there are companies which are earning fifty million, hundred million dollars of revenue, losing a lot of money, but they're worth 10,000,000,020 1,000,000,030 billion.”
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