Cerebras Systems
AI chip company that went public in May 2026, now down 31.1% from IPO valuation
- 20VC_ The AI Bubble Is Wrong _ AI Margins Need to Improve _ Revenue Concentration Should be a Concern _ Why People Over-Estimate Open Models But Enterprises Still Fear Frontier Models with Aaron Katz,
- Eric Vishria - A Decade of Lessons Investing in Software & Hardware - [Invest Like the Best, EP.486]
- Silicon slump puts IPOs on ice
“you're basically at two to the fifth. So that puts you at 32x. And then you need at least a multiple advantage of that... you're basically at 100x.”
Source→“We're only interested in solving problems that other people can't solve.”
Source→“What Sam's really good at and I think is so hard is he saw an exponential and wasn't afraid... Everybody else was afraid... I think we got it wrong. I think TSMC got it wrong. I think Nvidia got it wrong. Everybody, the memory guys got it wrong. We all got it wrong except Sam.”
Source→“We do business with both NVIDIA and Cerebras and a lot of the chip manufacturers.”
Source→“You've had Groq and Cerebras et cetera. It'll keep getting fought out.”
Source→“Benchmark invested in 2016 when it was five founders and a deck. Built around taking all three hardware optimization dimensions... Went public in 2025 after a failed attempt in 2024 (blocked by CFIUS).”
Source→“The post-IPO performance of Cerebras Systems — valued at $56.4 billion at its May IPO but down 31.1% since — illustrates the risk for the companies still in queue.”
Source→“The post-IPO performance of Cerebras Systems — valued at $56.4 billion at its May IPO but down 31.1% since — illustrates the risk for the companies still in queue.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.