Skip to content
Better HN
Top
Best
Ask
Show
New
Jobs
Search
⌘K
0 points
brookst
3y ago
0 comments
Save
Share
Market cap is not a measure of past profits.
0 comments
2 comments · 1 top-level
top
newest
oldest
RegW
3y ago
· 1 in thread
or future?
brookst
OP
3y ago
Well, it’s a consensus estimate of NPV of future profits. People can be wrong, and often are, but that’s what stock prices bet on.
But OpenAI could hit the profit cap without having a particularly high market cap.
j
/
k
navigate · click thread line to collapse