Openrouter raised their last round in May at a ~$1.3B valuation and just 82 days later Stripe has announced that it will be acquiring Openrouter for $7B+. We've been seeing astronomical growth for AI companies, so I am now a bit used to seeing incredible growth in valuations over a very short period of time (we have multi trillion dollar companies that didn't exist 4-5 years ago so... ). But even in this insane growth environment I couldn't wrap my head around this 5-6x growth in 82 days and so want to know what the HN community thinks I am missing.
Openrouter raised their last round in May at a ~$1.3B valuation and just 82 days later Stripe has announced that it will be acquiring Openrouter for $7B+. We've been seeing astronomical growth for AI companies, so I am now a bit used to seeing incredible growth in valuations over a very short period of time (we have multi trillion dollar companies that didn't exist 4-5 years ago so... ). But even in this insane growth environment I couldn't wrap my head around this 5-6x growth in 82 days and so want to know what the HN community thinks I am missing.