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VOICE ARCHIVE

Brett

@ccm_brett
8 posts
2025-03-11
CoreWeave spent $8.7 billion on capex in 2024. $6 billion free cash burn. This thing goes bankrupt rather quickly, yeah?
2025-03-11 View on X
Reuters

CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO

Echo Wang / Reuters :

2024-09-29
triple digit negative profit margins Just a little more scale and we get there, I promise
2024-09-29 View on X
Wall Street Journal

Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B

Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week  —  Apple is no longer in talks to participate in an OpenAI funding round expected …

2024-09-28
triple digit negative profit margins Just a little more scale and we get there, I promise
2024-09-28 View on X
New York Times

Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024

As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.

2023-11-14
The one truly anti-competitive big tech company is the only one the government isn't going after
2023-11-14 View on X
Bloomberg

US v. Google: Google's main economics expert says Google pays Apple 36% of the revenue earned from search ads via Safari, a figure that was meant to stay secret

Kevin Murphy, a University of Chicago professor, disclosed the number during his testimony in Google's defense at the Justice Department's antitrust trial in Washington.

2023-11-01
- Tinder hits 10% rev growth - Hinge growing 44% - Margins expanding - Shrinking share count - Trading at tobacco multiple as a secular grower Stock down 7% after hours $MTCH [image]
2023-11-01 View on X
TechCrunch

Google and Match Group reach a settlement in their app store antitrust case: Google plans to let Match implement third-party billing options by March 31, 2024

Google and Match announced today they've reached a settlement in the antitrust battle Match waged against the tech giant …

- Tinder hits 10% rev growth - Hinge growing 44% - Margins expanding - Shrinking share count - Trading at tobacco multiple as a secular grower Stock down 7% after hours $MTCH [image]
2023-11-01 View on X
Reuters

Match Group reports Q3 revenue up 9% YoY to $882M, vs. $880.6M est., paying users down 5% YoY to 15.7M, and forecasts Q4 revenue below est.; MTCH drops 15%+

Total Revenue grew 9% over the prior year quarter to $882 million. X: Brett / @ccm_brett : - Tinder hits 10% rev growth - Hinge growing 44% - Margins expanding - Shrinking share co...

2022-02-21
“if podcasters have avoided Spotify's podcast world up until now, well, they're probably going to have to start engaging” “YouTube, I believe, is Spotify's primary competitor” https://www.theverge.com/...
2022-02-21 View on X
The Verge

Spotify's Podsights and Chartable acquisitions set it up to better compete with YouTube, offering dependable programmatic ads and robust analytics to creators

Ashley Carman / The Verge : Tweets: @ccm_brett , @glenngabe , @mattcassinelli , and @siddarthpaim Tweets: Brett Schafer / @ccm_brett : “if podcasters have avoided Spotify's podcas...

2021-05-19
If this is a good product (i.e. it actually transcribes correctly) and gets rolled out to all shows this would be a huge value add to hosts and listeners alike $SPOT https://www.theverge.com/...
2021-05-19 View on X
The Verge

Spotify will auto-transcribe certain original shows in the coming weeks as part of a beta rollout of the feature that it aims to eventually enable for all shows