No, this is more "everyone is selling X, let's get in the business of X". On the... | Hacker News

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		mc32 on April 11, 2023 \| parent \| context \| favorite \| on: Anthropic’s $5B, 4-year plan to take on OpenAI No, this is more "everyone is selling X, let's get in the business of X". On the other hand, yes, some will miss the boat and lose money.

ninkendo on April 11, 2023 [–]

I interpreted “spillover hype” as meaning “more investors coming in in future rounds” (ie pyramid scheme), but it’s possible that’s not what the commenter intended.

But if early investors only profit due to late investors pouring money in, that’s by definition a pyramid scheme.

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