Part 9/11:
Despite these concerns, the marked confidence seen in OpenAI’s valuation and employee participation suggests a strong belief in the company's long-term prospects. The participation in the secondary sale, even at a valuation of $500 billion, points to continued investor appetite. A lower sale volume than the authorized amount is often viewed as a positive signal, indicating that employees and investors are confident enough to hold onto their shares rather than sell at current high valuations.
Still, skepticism remains. Are these valuations sustainable, or are they inflated by speculative hype? The industry veteran's perspective underscores a concern: valuations are becoming increasingly detached from fundamental economic indicators, and the risk of a correction looms large.