Slava Rubin and Sacra's Jan-Erik Asplund discuss Perplexity, the $20 billion AI search startup, and its origins, growth trajectory, market positioning, revenue streams, and competitive landscape. They look at future projections for the company and the broader AI market, and talk about its investment potential.
Presented by Augment, whose Collective funds are the easiest way to invest in the most popular private tech companies.
Main points of the discussion include:
- The company has seen significant revenue growth.
- Perplexity's unique selling proposition is its ability to access multiple AI models.
- The AI search market is expanding, allowing for growth opportunities for both Google and Perplexity.
- Perplexity's business model relies on subscriptions and partnerships.
- Competition in the AI space is fierce, with major players like Google and OpenAI.
- Investors should consider opportunity costs when evaluating Perplexity's valuation.
