Ep. 036 - $200 Buys $12,000 of Opus Tokens, We Bought Every Plan (AI Cloud TCO) | Max Kan, Jordan Nanos, Andrew Megalaa

…like do you get, doesn't Dropbox have negative burst markets when they're selling a social plan? The answer is no. [Are Anthropic subscriptions subsidized, no] The reason for this is that A, their margins at API pricing are incredible. [..] consensus [is] 90% blended at this point. [and average subscription real usage is around] 10% with this [..] you end up with subscriptions having like, call it 50 to 60% like blended gross margins So that's obviously still actually a pretty good business for them.…