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psionides | 2 months ago

> At that time, the company was valued at $2 billion. Hello bubble. Then in maybe one of the best rug pulls of all time, in July they quietly changed their revenue projections to $500 million. A 75% cut in four months.

I feel like I'm missing something here…

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derangedHorse|2 months ago

No, the author is just stupidly spreading misinformation. Looking through their other posts, it looks like he has an agenda to prove that we're in an AI bubble.