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Wall Street Oasis

OpenAI's $150 Billion Valuation: The Weirdest Funding Ever? ๐Ÿค–๐Ÿ’ฐ | The Daily Peel ๐ŸŒ

Wall Street Oasis

Wall Street Oasis

Business

4.9 โ€ข 534 Ratings

๐Ÿ—“๏ธ 12 September 2024

โฑ๏ธ 24 minutes

๐Ÿงพ๏ธ Download transcript

Summary

The Daily Peel dives deep into OpenAI's unconventional $5-6 billion funding round at a mind-blowing $150 billion valuation. We break down their unique 'profit participation units' and why investors are going crazy for them. Plus, get the latest on market reactions to the new inflation report, NVIDIA's impressive 8% stock jump, Petco's surprising 32% surge, and GameStop's questionable financials. We've got all the finance and tech news you need, served with a side of humor and candid commentary. Why being a 'weirdo' might be the key to success in AI? ----------------------------------------------------------- ๐ŸŽฏ ๐—Ÿ๐—”๐—ก๐—— ๐—” ๐Ÿฒ-๐—™๐—œ๐—š๐—จ๐—ฅ๐—˜ ๐—›๐—œ๐—š๐—› ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—ข๐—Ÿ๐—˜ (๐—š๐—จ๐—”๐—ฅ๐—”๐—ก๐—ง๐—˜๐—˜๐——) Interested in landing a role that can pay you upward of $๐Ÿฎ๐Ÿฌ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ right out of the gate? What if that was guaranteed? Come learn more about WSO Academy: https://www.wallstreetoasis.com/academy?affiliate=socialwinner-youtube ----------------------------------------------------------- ๐—ช๐—ฆ๐—ข ๐—ช๐—ฒ๐—ฒ๐—ธ๐—น๐˜† ๐—ช๐—ฟ๐—ฎ๐—ฝ๐˜‚๐—ฝ - โ โ ๐—ฆ๐—ถ๐—ด๐—ป ๐—จ๐—ฝ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ก๐—ฒ๐˜„๐˜€๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—›๐—ฒ๐—ฟ๐—ฒโ โ  https://www.wallstreetoasis.com/media/newsletters/wso-weekly-wrapup The Daily Peel - Sign Up Here https://www.wallstreetoasis.com/media/newsletters/the-daily-peel Join our Discord - Sign Up Here https://discord.gg/Dn3YJZTbsF ----------------------------------------------------------- ๐—ช๐—ฆ๐—ข ๐—ฃ๐—ผ๐—ฑ๐—ฐ๐—ฎ๐˜€๐˜: Apple: https://podcasts.apple.com/us/podcast/wall-street-oasis/id1463441793 Spotify: https://open.spotify.com/show/7nQxuApNXFkUSvojQGKyAQ?si=GrYh2zIHSsub8S8xIX0PjQ&nd=1 Stitcher: https://www.stitcher.com/show/wall-street-oasis-2 ----------------------------------------------------------- WSO Courses: https://bit.ly/2ESzrv2 WSO Resume Review: https://bit.ly/2Z0DFYq WSO Mentors: https://bit.ly/3lIHoUi WSO Events: https://bit.ly/350vMGd

Transcript

Click on a timestamp to play from that location

0:00.0

So let's go ahead and talk about our thought and our last story of the day.

0:03.3

We are talking about Open Hey Eyes alternative strategy, a pun that I absolutely fucking hate.

0:08.9

And I can't believe that I wrote that earlier.

0:10.6

I thought that I should keep it in there.

0:11.9

But fuck it, whatever.

0:12.9

You guys are going to see it tomorrow.

0:15.3

In order to become well-class at anything, you got to be a little bit of a weirdo.

0:31.1

What's up, Beach? Welcome back to the Daily Peel's Daily Podcast of the Day, or in other words,

0:35.0

your absolute favorite podcast on planet Earth. How do I know it's your favorite podcast?

0:56.9

Well, probably because it's everybody on Earth's favorite podcast. We did run a poll. We found out the results 100%. Joe Rogan even hit me up. He was like, David, how are you doing this? And I was like, Joe, slow now. You're new to the game here. I'll give me some notes, watch some of the pods and it won't be good to go there. So you'll probably see me on the Joe Rogan experience relatively soon. But for now, let's go ahead and

0:54.5

talk markets. Let's see what's going on because we have a lot going on in the world here today.

0:59.1

So then there's an interesting day for markets. Very volatile session. We opened down about 1.5%

1:04.0

for the SP500, but finished up over 1%. So all around, a big turnaround, and it was pretty much

1:09.8

entirely due to the inflation

1:11.7

report. And the initial kind of headlining data causing jittered across markets, then once

1:16.6

analysts are a little bit slow. So once they had time to digest the information, then things

1:21.1

got back to normal and markets under to react, probably how they should to a report like this.

1:25.7

We also saw Nvidia roared back to life with a huge update,

1:28.6

and we're also going to be breaking down some weird shit that's going on at OpenAI,

1:32.3

and it's not just their employees that are the weirdos here.

1:34.7

It's actually how the employees are getting paid.

1:36.6

That's pretty weird too.

...

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