Founder & CEO at Pershing Square Capital Management
I do not like businesses where you must continually inject capital over time without a clear point where the lines cross and they become cash flow positive. OpenAI, for example, is consuming tens of billions of dollars, and it remains to be seen how long public markets will fund that.
This answer is part of a full interview with Bill Ackman, Founder & CEO at Pershing Square Capital Management.
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