In Google's case it was absolutely true though. The stock was NOT over-valued.
The IPO was at a market cap of $20 B. And it never dipped below IPO price -- it doubled within a year.
And now GOOG has a market cap of $4 T, so that's 200x in 22 years.
I like Claude, but I think the likelihood that it is over-valued already is higher than it was for Google. (Though I would not really be surprised if it keeps the $2 T valuation and grows. Who knows? And it doesn't matter to me personally)
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In Google's case it was absolutely true though. The stock was NOT over-valued.
The IPO was at a market cap of $20 B. And it never dipped below IPO price -- it doubled within a year.
And now GOOG has a market cap of $4 T, so that's 200x in 22 years.
I like Claude, but I think the likelihood that it is over-valued already is higher than it was for Google. (Though I would not really be surprised if it keeps the $2 T valuation and grows. Who knows? And it doesn't matter to me personally)