想象一下：你做到一年 5 亿美元的经常性收入，却估值还不如一家还没开始赚钱的 AI 初创公司。 公开市场有时候真的非常残酷。 Imagine hitting half a billion dollars in annual recurring revenue and being worth less than a pre-revenue AI startup Public markets can be brutal
Ankur NagpalFounder, Carry
观点原文
想象一下：你做到一年 5 亿美元的经常性收入，却估值还不如一家还没开始赚钱的 AI 初创公司。
公开市场有时候真的非常残酷。
Imagine hitting half a billion dollars in annual recurring revenue and being worth less than a pre-revenue AI startup
Public markets can be brutal
AI
相关观点
- 享有税收优惠的货币市场基金，可以在以下税种中部分或全部免税：联邦税、州税、市税（如纽约市）、其中一些基金（例如 VYFXX）三者全部免税。 相比之下，高收益储蓄账户的利息，在联邦、州和地方各个层级都会被征税。 Tax-advantaged money market funds can be exempt from a combination of: - Federal taxes - State taxes - City taxes (in places like NYC) And some funds like VYFXX are exempt from all 3 Interest from a high-yield savings account is taxed at every single levelAnkur Nagpal · 2026/01/01
- 这并不是要贬低 Wealthfront 团队。 能够做到他们现在的规模，本身就是一项了不起的成就，尤其是在这个行业里。 他们即将抵达一个我们当中极少数人一生都无法到达的地方——从零开始打造一家即将上市的金融科技公司。 This is not to take anything away from the Wealthfront team Just getting to this level is an incredible accomplishment, particularly in this line of business They are going to a place where very few of us ever will be able to (building a public fintech company from scratch)Ankur Nagpal · 2025/12/02
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- 我实在看不出来，在当前这种市场环境下，像 Wealthfront 这样的公司要怎么上市而不被市场“砍得体无完肤”。 接下来的几个月会很有意思——看看 IPO 市场将走向何方。 I fail to see how a company like say, Wealthfront, can go public in the current market environment without getting slaughtered Will be an interesting few months to see where the IPO market goes from hereAnkur Nagpal · 2025/12/01