I have an opportunity to invest in the private market in Cerebras at around 1.8Bn valuation through EquityZen. While their competitor Graphcore went under, and while Nvidia is not able to produce enough GPUs for the huge demand, is it a good idea to invest in Cerebras? I plan on putting in 10K. Any red flags I should be aware of? Is the company doing well and is it growing? #cerebrassystems #nvidia
What is their technology differentiator exactly? They just make big chips? Id pass
I agree. I’m not saying that company will be the next Nvidia. Just if it can grow and get me some returns over the next 4-5 years. If it can survive the current environment, the stock market will get 2000 style wild when rates start to go down.
I saw this too. It sounds kinda cool to take a bet. Nvidia, amd, intel may buy them someday
Stay away. Cerebras have failed to demonstrate perf supremacy over GPU or TPU. Maybe buy d-matrix, when it comes.
Is that true? I thought they claimed to be faster than nvidia at least. Not sure they can compare to internal google benchmarks
My understanding is that they haven’t submitted anything to the testing because the tests are geared toward GPUs not chips specifically built for AI. I’m looking to learn more, not start an argument.
They haven’t even released specs of their system, submitted to MLPerf or provide any sort of detailed claims. They’re shit. I’d be surprised if their revenue exceeded 10m since inception.
Think you are pretty behind on your info. There's a few publications with perf numbers against a100s and v100s. Though Nvidia has been killing it too ( good job btw 😉) so whether to invest or not would be a function of your situation and all startups are risky inherently
Revenue is WELL above $10M
10k is candy money, it doesn’t matter.
I get what you’re saying but there’s no sense in throwing away 10k either
I am x employee affected by layoff. I might be biased. I am super bullish on the company. After the turbulent times of layoff the company released model studio and cerebrasGPT, it peakes the interest levels and they got a blow out deal from new customer. Already went way above their yearly revenue goals. Their technology rocks. Business will take time, being a hardware company... Stock is holding up well (50% from peak last yr) in this market. These sort of deals (real money) will only do good from here ...
That’s a terrible price. You can get shares on Hiive at a $1.2Bn valuation but their minimum is $25k
Why not Sambanova? Aren't they the better of the lot?
I don’t know, it wasn’t available
If you want to get rid of them, it means you have confidential bad news
Big red flag: I saw some guy on blind tossing around putting $10K in a “private valuation.” He didn’t understand that companies have a capped amount of individual investors, so it’s a massive red flag if they’re begging for scraps from worker bees. Also the reason why nvidia is nvidia is cuz of cuda lock-in and great hardware, you have to solve both to have a prayer of $, and rn people are rushing to build things not carefully plan opex for a non-cloud based new hardware on an unfamiliar tool chain
It’s not the startup that’s raising money. It’s from an employee who wants to get out. Of course it might be a red flag if the employee knows something I don’t. But they could also just be needing the cash and don’t want to wait for an IPO.
Doesn’t change anything, unless you’re implying this is a thing you’ll be doing under the table: another bad idea