logoalt Hacker News

qlte • yesterday at 11:12 PM • 1 reply • view on HN

Especially for a company still in their 15 minutes of fame that could very plausibly turn out to be a one hit wonder and a trivia question in two years.

Multiplying out revenue from the peak of their mini hype cycle while a dozen well financed competitors target them directly seems extremely optimistic.


Replies

hbrn • yesterday at 11:48 PM

Ha, two years is too generous.

If they weren't lying about $100M ARR, they had to be at 6.5T/day for a week to hit that number.

They also claimed they were at 1T/day just couple weeks ago. That's $15M ARR.

85% drop in just a couple of weeks?