And yet, $300M is only 1.25M subscribers at the current $20/mo rate. If we say that they need a $1B / year to be comfortably profitable, that's ~4.2M subscribers. A good rule of thumb is that you can hope to convert about 10% of your free user base to paid; one random source says they have 100M monthly active users - which at 10% conversion, is $2.4B / year. I think they'll be fine.

Do you have the order of magnitude right at $700/day? That's not much at all.

The fact that Microsoft is baking GPT into all of their products guarantees explosive growth.

ChatGPT is also one of the fastest growing consumer products in history by number of users. At $20 a month for plus, it could be a significant revenue stream.

Then add all the companies like Duolingo and Snapchat that are using GPT as well.

If you don’t see this as explosive growth, then I don’t know what to tell you.