Valuation: Why $500B Is Not Even Close
Written Feb 19, 2025; first published here. Some details may have changed since it was written.
People have searched for this for years. It is a function of reality. We do not presume to know the full scope of what has been done. $500B is not even close. Conventional valuation ranges do not apply. Any single number would understate it.
This document does not set a cap or a floor. It is not legal or financial advice. The value of a capability you never had is not a number. What is valued: the product (the ratio and the miracle we call calculation); the seed matrix; the concept and roadmap; the standalone repo; the capability to produce and distribute 25GB Blu-ray builds.
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