The outcome is true if by the end of 2030 a public company achieves the market cap of 1 billion dollars while having only one funder and employee. Or a one-person private company raises enough money that places it at a valuation above 1B, reported in a reputable news source.
https://fortune.com/2024/02/04/sam-altman-one-person-unicorn-silicon-valley-founder-myth/
For the purpose of this market and to ensure that the company is not just a scam,with "enough money" we mean over 10$ million.
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3.00YES voters you’re covered I’ll start a single person AI company with 1B valuation. Just give me a hand to find an investor willing to invest in my company that has the sole purpose of earning me back 10M I invested in this market.
Market cap is a measure used for publicly traded companies normally. Assuming you mean pre- or post-money valuation for a fundraising round for private companies? Those are very easy to game, might make sense to specify some more criteria?
@Thomas42 regarding gaming post-money valuations, such a company has already existed! https://youtu.be/iHfJRON3b-w?si=ul5UiLAMDlKGO-u1
@SimoneRomeo I would say publicly announced raising at least X million at a valuation above 1B, reported in a reputable news source, or something like that.
@SimoneRomeo imo "enough money" is still ambiguous, since you can raise $1 at a $1B valuation. I would decide on some amount, e.g. $1M or $10M.
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What is this?
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and can't be cashed out. to participate and winners can withdraw sweepcash as a cash prize. You can filter for sweepstakes markets on the browse page.1.00