Pathfinder
Pathfinder|5月 12, 2026 02:40
Ten years ten times, do you dare to all in? Many years ago, a senior who had been investing for a long time told me a sentence: he will only do one thing in his life, find ten times the chance in ten years, and then hold onto a large position. I thought this target wasn't sexy enough at the time. Later, after experiencing it for a long time, I realized that ten times in ten years and an annualized rate of 25% may sound plain, but very few people actually achieve it. Because most people lose not in judgment, but in the face of deterministic opportunities and lack the courage to take action. What I want to talk about today is this opportunity. First, let me ask you a question: What are the companies with a global market value that can enter the 10 trillion club in the next decade? Currently, no company in the world has reached a market value of 10 trillion yuan. Currently ranked first, Nvidia is worth approximately 5.2 trillion yuan, Google's parent company Alphabet is worth approximately 4.8 trillion yuan, Apple is worth 3.8 trillion yuan, and Microsoft is worth 2.85 trillion yuan. 10 trillion is a place that no one has ever stepped up to before. But if you ask me, which companies have realistic structural paths to go there in the next decade—— In my answer, two names are almost certain: OpenAI and Anthropic. It's not because they are currently hot, it's because their location has structural uniqueness. In this round of AI, what we are competing for is not the market share of an industry, but the entrance to intelligence itself. Whoever masters the strongest basic model will master the underlying dependencies of all future application layers. Once this position is established, the moat is not a patent or a brand, but a structural barrier formed by the accumulation of computing power, data scale, and user network effects. The time and capital required for latecomers to replicate these three things at the same time is beyond the capacity of most competitors. The Internet infrastructure reconstruction finally stabilized the head, and the global faces of Google, Amazon, Microsoft, and Meta increased dozens to hundreds of times in the best decade. This time, OpenAI and Anthropic are basically running for that position. Other companies may have opportunities, but the gap in core model capabilities and ecological penetration depth is real. Let's take a closer look at OpenAI's current specific location. As of early 2026, ChatGPT has surpassed 900 million weekly active users and 960 million monthly active users. There are only a few consumer grade products in the world that can stably maintain this volume. And OpenAI used this number for less than three years. The annualized revenue (ARR) has exceeded $25 billion, with a growth rate approximately four times that of Alphabet and Meta. The latest round of financing was $122 billion, with a post investment valuation of $852 billion. Leading investors: Amazon, Nvidia, SoftBank, followed by Microsoft. This money is not the sentiment of individual investors. This is the group of institutions with the strongest pricing power in the world, using their balance sheets to make statements. From the current 852 billion to 10 trillion, there is still about 12 times more space. This is the 'ten times in ten years'. It's not about brainstorming, it's about deriving numbers from existing valuations with a path. And you need to pay attention - NVIDIA has risen more than 12 times in three years from the end of 2022 to now. For the company that truly sits in that structural position, this speed is not a miracle, it is logic. The IPO window is currently open. The mainstream market expectation is that OpenAI will advance its IPO process as early as the fourth quarter of 2026. The Pre IPO stage is a rare window for ordinary investors to approach the pricing of the primary market. On the day when the gong rings, this window will close. This has nothing to do with ordinary people in the past. Threshold, lock up, and qualified investor identification are all walls. What Bitget IPO Prime is doing is tearing down part of this wall: starting at $100, with partner Republic providing complete compliance endorsement, and underlying assets being transparent and traceable. It is not a short-term game product, but a truly designed entrance for long-term participants. So I have a serious question for you: If ten years and ten times the chance were really in front of you, would you dare to all in? I'm not calling you impulsive. I want you to think about something clearly—— Those who truly seize the opportunity of the times, when reviewed afterwards, often do not judge how much earlier they are than others, but rather act in the face of the same information, while others do not. The biggest risk in the face of deterministic opportunities is never 'buying too expensive', but 'not buying'.
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