Anthropic's IPO Could Value It at 30 Times Revenue. Here's Why I'm Still Interested Anyway.
Anthropic could go public at a $2 trillion valuation, surpassing SpaceX.
Overview
I'll be honest, I'm a bit of a value investor at heart. So, when I see rumors that AI start-up Anthropic is potentially targeting a $2 trillion IPO valuation, I get a little bit squeamish. That would value the developer of the Claude AI chatbot at 30 times revenue. That's quite pricy for someone who views a stock trading at 30 times earnings as expensive.
Despite that sky-high valuation, I'm still interested in investing in Anthropic when it goes public. While I probably won't buy IPO shares, I'd pounce if it follows the path of most big IPOs and subsequently falls after an IPO pop.
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Originally published at www.fool.com.
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