Interesting take on deepseek. I think deepseek may be a breath of fresh air slightly leveling the playing field for small startups and individual developers, Assuming the claimed reduced training cost are real.
this is something i dont understand because P/E's are so high, why so few IPOs?
Who knows, maybe the private valuations are even higher, or maybe they think there will be a boom this year which will be a better time to sell.