Stability AI Series A

I need someone to explain the math on Stability AI raising $101M at $1B because I've tried three times and it doesn't work. Coatue, Lightspeed, O'Shaughnessy are funding what they're calling chaos engine incorporated, which sounds innovative until you realize it's been tried approximately seventeen times before with identical results: failure. The Series A pricing assumes growth rates that would require the company to violate several laws of physics. The ai market has room for maybe two winners, and Stability AI is currently positioned to be the fourth or fifth loser. Someone should check if the investors' calculators are broken.