🤯OpenAI files S-1, getting ready for HUGE IPO. Some numbers to digest:
1️⃣ Expected listing valuation ~$1T; currently valued at $852B
2️⃣ $20B in annual recurring revenue for 2025, that’s x3 each year since 2023
3️⃣ Projecting $14B loss in 2026, and not profitable until 2029
www.inc.com/amaya-nichol...
The SEC filing will eventually force the AI pioneer to publicly disclose its revenues for the first time.
