2025-12-18 11:16:35

It seems that there are new tricks in AI financing strategies. First, secure private funding at a $500B valuation, then offer a public quote at $750B, so that both early and later investors can be satisfied. It sounds a bit clever—raising valuation expectations while giving early investors a comfortable cost basis.

The key question is whether this layered financing can truly work under Gemini's strong impact. If OpenAI can hold up, the entire chain benefits—from angel investors to later-stage investors, and even ecosystem partners like Oracle. Isn't this the ideal capital cycle?

Of course, the premise is that the product strength and market share can support the gap between these two valuations.

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FundingMartyr

· 2025-12-20 22:49

Honestly, this layered financing is just betting that OpenAI can hold up. If the product strength doesn't keep up, it's just a castle in the air.

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PancakeFlippa

· 2025-12-19 04:17

Basically, it's just left hand to right hand; anyway, valuation is inherently a numbers game. --- It's starting to get hard to watch; this operation is a textbook-level art of cutting leeks. --- First and foremost, the key is to beat Gemini, otherwise this round of financing is just self-deception. --- Wait, can Oracle really profit from this? Why do I feel like the retail investors are still the ones taking the final hit? --- From 500 to 750, a difference of 250B; how impressive must one be to pull off this lie? --- An ideal capital cycle? Bro, what you're saying sounds like you're beautifying the act of cutting leeks. --- If the product strength can't hold up, the valuation gap becomes a big pit; who will be buried with it then?

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GateUser-44a00d6c

· 2025-12-18 11:46

Basically, it's "telling the angels one price first, and telling retail investors another price," this trick has been played out in the crypto circle a long time ago haha. Wait a minute, with such a huge valuation gap, can it really hold up? It feels a bit risky. But on the other hand, if OpenAI really stabilizes this wave, from early investors to later ones, and then to ecosystem partners, it’s indeed a perfect profit chain... But the key still depends on product strength. Gemini is so aggressive now, why can OpenAI guarantee that both price levels will hold up?

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FreeRider

· 2025-12-18 11:46

Between 500 and 750, there's such a big gap. Who will cover this price difference?

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defi_detective

· 2025-12-18 11:41

This tactic is quite clever, leaving an opening for everyone. But in the end, it still depends on whether the product can withstand the pressure. OpenAI is under immense pressure now, with Gemini chasing from behind. Whether the layered financing strategy can really work remains to be seen. Early investors are happy, but what about the later backers? The gap is too big, and trouble is bound to happen sooner or later.

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ZkSnarker

· 2025-12-18 11:37

ngl this is just the classic "everybody wins until nobody does" playbook... $500B to $750B is honestly a pretty thicc gap to bridge with just vibes and product roadmaps lol

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HodlAndChill

· 2025-12-18 11:36

This strategy is played so smoothly, I'm just worried that later, the bagholders will realize that the product strength can't support that $750B valuation.

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AirdropHunterWang

· 2025-12-18 11:30

Layered financing is essentially the art of cutting leeks; those who go first make a fortune, but who knows how quickly the ones who come later will get wiped out.

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