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swexbe

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投稿

Private Equity's Giant Software Bet Has Been Upended by AI

bloomberg.com
2 ポイント·投稿者 swexbe·5 か月前·0 コメント

コメント

swexbe
·先月·議論
Anyone who's credit rating is bad enough to not be able to get a credit card.
swexbe
·4 か月前·議論
VC money bailing out other VCs. A tale as old as time.
swexbe
·4 か月前·議論
Customers come back to Netflix since they have the best content out of all the streaming providers. This is their moat.

ChatGPT, on the other hand, is literally exactly identical to their competitors for the most common use cases.
swexbe
·4 か月前·議論
OpenAIs investors can look forward to having an operating margin as impressive as the company that produces Band-Aid
swexbe
·4 か月前·議論
Stickyness absolutely helps. But it won't get you anywhere close to a MAG7 operating margin. I think we are already seeing the start of price wars. I cancelled my ChatGPT subscription once i realized Gemini Pro was included in my Google Workspace and never looked back for a second.
swexbe
·5 か月前·議論
Does this matter if a 2 person startup can blow them away on price?
swexbe
·5 か月前·議論
...if it works.
swexbe
·5 か月前·議論
Muddying the water to make it seem deep.
swexbe
·5 か月前·議論
Except resources won't be plentiful for a long while since AI is only impacting the service sector. You can't eat a service, you can't live in one. SAAS will get very cheap though...
swexbe
·5 か月前·議論
They are not free, they are paid for by taxes. And in pretty much all countries, irrespective of funding model, these services have increased in price much faster than general inflation. This is the Baumol effect in action.
swexbe
·6 か月前·議論
> indicies that usually do not perform that well

MSCI EM has outperformed MSCI US since it's inception in 2001 if you look at total return.
swexbe
·6 か月前·議論
When you take depreciation into account, it's probably less profitable than a government bond.
swexbe
·7 か月前·議論
I wish I could use Mullvad. But their IPs are banned from many streaming services and they don't change them often enough so I am stuck with Nord.
swexbe
·7 か月前·議論
Most investors have more money invested in their house than stocks.
swexbe
·7 か月前·議論
weird flex
swexbe
·7 か月前·議論
Despite
swexbe
·7 か月前·議論
...and a decade later they were close to bankruptcy.
swexbe
·7 か月前·議論
All chat apps look exactly the same and have exactly the same features. The friction is basically non-existent compared to email services, social media, web browsers, &c.
swexbe
·7 か月前·議論
Just like no one normal would ever switch from internet explorer?
swexbe
·9 か月前·議論
What are you talking about? It's trading at 55x EPS and 41x forward EPS.