Is anyone following the $BABY project? The founder is an academician of the U.S. National Academy of Engineering, which is indeed impressive. The total funding rounds amount to nearly $100 million, with the Paradigm funding round reaching $70 million. At that time, the valuation was $800 million. The current fully diluted valuation is just over $200 million, which means investors are already experiencing significant unrealized losses.

From a market capitalization perspective, the circulating market cap is less than $60 million. Compared to this scale and funding background, there still seems to be considerable room for growth. Especially considering the founder's professional background and the lineup of investors, it might be worth paying attention to its upcoming performance. However, investing always carries risks. This is just an observation based on data; the final decision still depends on your own judgment.