Lauren Taylor Wolfe, Impactive Capital managing partner, said in a recent program on CNBC that Oklo’s “insane” market cap and stock gains remind her of the dotcom era.
“I look at AI today, right? Oklo Inc. It is the largest weight in the Russell 2000 Value Index, right? It has no revenues for three years. It started the year at 3 billion. Today it’s 25 billion of market cap with no revenues in the Russell 2000 Small Cap Value Index. That’s insane. So it reminds me a lot of the dot era and what was the right thing to do in the com era. It wasn’t to short the bubble companies, right? It was to look where no one else is looking. Look at the areas where people are ignoring.”
