Google went public in August 2004, and went up 100x from there. But it started at 23 Billion. Anthropic and Open AI are starting at 1 Trillion. The difference is not only the valuation, it's the fact that at least 4 players are competing neck and neck for LLMs. Bitcoin has no competition, and its
@dotkrueger·Jun 3, 2026·2 sources
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Google went public in August 2004, and went up 100x from there. But it started at 23 Billion. Anthropic and Open AI are starting at 1 Trillion. The difference is not only the valuation, it's the fact that at least 4 players are competing neck and neck for LLMs. Bitcoin has no competition, and its
@dotkrueger
Jun 3, 2026
Google went public in August 2004, and went up 100x from there. But it started at 23 Billion. Anthropic and Open AI are starting at 1 Trillion. The difference is not only the valuation, it's the fact that at least 4 players are competing neck and neck for LLMs. All of them are losing massive amo
@dotkrueger
Jun 3, 2026

