the reason I don't really stress about valuations any more is the m2 US money supply has grown 20% in the last 5 years, cumulative inflation over last 5 years is ~24%, assets have no ceiling because fiat has no floor. -- you hear 4t now but thats 3t from 5 years ago.
using claude code is absolutely incredible sometimes and absolute junk other times. great for easy to mid complexity refactors. ask it to do anything decently complex and it explodes. It's taken the place of a junior dev for me now. well worth the $200/mo.