Comment by jeremyjh

Comment by jeremyjh

They report GAAP earnings, and explain why it is not the best method to understand their current performance. Do you think it is more meaningful to investors to use their convertible notes mark-to-market accounting and worry about a loss that represents "paying their investors what their shares are worth"?

Adjusted revenue figures are reported all the time for many different reasons, there is absolutely nothing special about this and I've not heard ANY financial analyst explain why GAAP is a better number here. You are salivating over a total nothing-burger.

Also, if you didn't hear, their Q3 results were spectacular and were included in an amendment today.

I'm not an Anthropic fan-boy and I won't be buying their offering but you've picked just about the two least relevant things in this offering to complain about.

The reasons to be skeptical of this offering is what is described in the TFA: Anthropic is committed to spending 900 billion on compute over the next decade and if they can only profitably employ 80% of that it will utterly ruin them. Dario is putting all the chips on number 12. If he is right though - and inference usage explode by 1000x Anthropic has so much scarce compute locked up that they will do very, very well.

Replies jeremyjh · 5d
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YAVCHN is a reader for Hacker News and Lobsters, with articles and discussions in separate windows or Classic pages.

Created by Paul Parks and built with PUDL.

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Each story opens in a window holding its article above its discussion; drag the bar between them to share the room differently. A window can be moved by its title bar, resized from any edge, snapped to a half or a corner by dragging it there, maximised, or minimised to the bar at the foot of the page. Use Window > New reader window to open an empty reader, or Story > Open in new reader window to open another reader for the current article. Docked readers keep their articles when you select another story from the sidebar. Minimized readers can be restored and reused for their site. A window's Previous and Next buttons read up and down the list in the same window.

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While a story's window is in front, the Story and Discussion menus in the menu bar hold its commands: pinning, Previous and Next story, sorting, collapsing every thread, jumping to the first new comment. Each window also remembers where you were in its article and discussion, so a reload, or Back to a story that Next took you past, finds your place again. Closing a window forgets it.

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