Current investors just need the co to be valued at $50B on the next round (likely, given fomo and hype) to make a 10X gain.
Actually converting it to cash? That doesn't happen anymore. Everyone just focuses on IRR and starts the campaign for Fund II.
you are missing the point. SSI believes that it can build a super intelligence. Regardless of whether you personally buy into that or not, the expected value of such an investment is infinity effectively. 5 billion dollar valuation is a steal
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