Ghodsi emphasized a long-term view for Databricks over pursuing a public offering, surmising that the current market conditions could lead to an eventual bubble burst.
He described the present market as "peak bubble, AI bubble, yes," pointing out the absurdity of startups with no credible innovations securing massive valuations.
Ghodsi noted the phenomenon of startups with "no product, no innovation, no IP, just recent grads" achieving valuations in the hundreds of millions.
According to him, it's evident that the current state of valuations, where tiny companies secure huge investments, suggests we are indeed in a bubble.
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