How much is Chelsea worth?
From The Analysis Series:
"Realistic equity value: c.£1.0bn central, £0.55–1.5bn range. The equity is worth approximately one-third of the enterprise value. Any headline figure that does not net the holdco debt stack and transfer payables is describing a different, and much easier, question than “what is the equity worth?”
https://t.co/OMzTJFweQg
@emollick Ultimately it's how well they can monetize not just scale. I think it's time to take Xai /Grok seriously. I think they're going to pick up a lot of the daily life Agentic workflows like shopping and social.
My biggest criticism of Apple was always their inability or desire to leverage data (possibly a legacy of SJ). Focusing on security and privacy seemed like a way to avoid confronting this data/ML/AI investment /opportunity... Let's see if Gemini can revamp Siri like it did with Google Home