Investing in OpenAI at a $150B valuation is deemed ludicrous.
While OpenAI is recognized for its technology and transformative impact, the valuation is fundamentally misaligned with market realities and internal signals.
At a $150B valuation, OpenAI would become the third most valuable private company in history, but achieving desired returns would rely on speculative assumptions.
Concerns include the need for a significant IPO valuation, historical market reactions to excessive spending, and internal departures from key team members.