The market is consistently applying a 30x revenue multiple to AI companies regardless of profitability — Scale AI at $800M revenue sold for $30B; Cursor at $2B sold for $60B.
Snapshot · God Mode Podcast
The market is consistently applying a 30x revenue multiple to AI companies regardless of profitability — Scale AI at $800M revenue sold for $30B; Cursor at $2B sold for $60B.
Where this was said
At 33:32 · chapter starts 33:10
Scale AI had $800M revenue and sold for $30B. Cursor has $2B revenue and is being bought for $60B. Anthropic is valued at $80-90B on $30B revenue. The market has locked in a 30x price-to-revenue multiple across AI companies, regardless of profits.
SBF's early investment in Cursor when it had only two or three founders and no product would be worth $3 billion — a 15,000x return — if SpaceX acquires it.
SBF's early seed in Cursor is worth $3B (15,000x return). His SpaceX stake is up 75x. His Anthropic stake is worth $82B. His total estimated portfolio value: $114 billion. That's 3x Coinbase's entire market cap — from a man serving a prison sentence.
Sam built Algrow from zero to $14,000 in monthly revenue within just six months of shipping his first MVP.
Algrow reached over 10,000 users in roughly six months, driven almost entirely by organic Discord community growth.
Sam acquired his first 400 users entirely through Discord communities, without paid advertising or traditional outreach.
Algrow added exactly 480 new paying customers in its most recent month, demonstrating strong ongoing growth.
Sam's Stripe dashboard showed over £10,000 in revenue in the last four weeks, equivalent to roughly $13,000–$14,000 USD.
Sam gave all early users free access so they could show the tool to friends, turning them into live demos and advocates who helped the product spread virally.
By silently screen-sharing his tool in Discord voice chats rather than posting links, Sam attracted curiosity without violating no-self-promo server rules.
Before building Algrow, Sam and two friends made over $10,000 in revenue through affiliate marketing for RizzApp by posting faceless texting story content.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
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