Who do you worry more about, Open AAI or Anthropic. What we're betting on is to be the gateway for humans, right. And be the best user experience for AI.And so far, OpenAI is doing that better than Tropic. So I see them as a more serious competitor in 12 months. ...

Industry Dynamics - AI startups face intense competition, likened to "chickens shot out of a cannon" with new entrants emerging daily [1] - Success in the AI startup space depends on rapid adaptation and outperforming competitors [1] Strategic Imperatives - A key operational strategy for AI startups is to "keep flapping faster than the other chickens," emphasizing the need for continuous improvement and innovation [1]

I think university is not the best place to learn. Doesn't matter what you're studying. I'd invest in Grock and I would probably short anthropic. No, I would I would short.Why. I think it's more the slope on the Grock team. They're doing something which I respect a lot which is to hire missionaries for the data curation part.Moral is super high. OpenAI has gone through all this mess. Right.Do you think there will be a leading model that has not been created yet. Yes. From China.Do you worry about China. I d ...

Company Overview - Airwallet was co-founded in 2015 to address high foreign exchange fees encountered when sourcing coffee beans internationally [2] - Airwallet is now valued at $6.2 billion [4] - Airwallet processes over 130 billion in annual payments [4] Business Development - The company's breakthrough came with its first major client, who saved $50,000 in fees in one month [3] - In 2018, Stripe offered to buy Airwallet for $1.2 billion, but the offer was declined [3] Early Challenges - The founders initially faced financial hardship, living off instant noodles and working long hours [3] - Early operations involved four people working and sleeping in a cramped office [3]

If you did a direct listing, I don't think you would have direct listed at a 100 bucks a share. It might have been 39 or 40. The weird kind of thing is I'm going to, how do you put this.Say that it may well be that these random weird pops every once in a while are just like a natural phenomenon like earthquakes, right. They just randomly happen because it's not like if you did a direct listing, people would have said, "Yeah, I think I should pay 80 times rune revenues for this puppy." It would have been the ...

Competitive Strategy - Being second to market forced the company to prioritize product development to catch up [1] - The company focused solely on the application layer [2] - Initial product quality was critical, as early negative experiences could lead to customer churn, especially when priced 10x higher than alternatives like GPT4 [2] - The company initially had only one chance to impress potential partners [2][3] Product & Market Perception - Early adopters of competing products had negative experiences, leading them to prefer GPT4 [2] - The company acknowledges that brand recognition now allows for a second chance to win back customers with improved products and new features [3]

How did you go into like the biggest law firm in Sweden and let them accept you and welcome you into their office to see how they work. >> So, I managed to get a meeting with their managing partner, Yan Danastam. And when I was trying to get the meeting, somebody told me it's harder to break into his calendar than the Fort Knox.Uh, but you know, somehow we managed to do it. I go to their offices, we sit down like this for 30 minutes, and I realize we're sort of a preede company. We have no product. We have ...

Strategic Acquisition & Market Positioning - Perplexity 正在构建浏览器，若拥有 Chrome，则可成为 AI 后端，无需逐个浏览器构建业务 [1] - 收购 Perplexity 可使 Chrome 用户默认使用其 AI 引擎 [2] - AI 引擎竞争对手若能拥有 Chrome 用户群，将具有巨大优势 [2] Valuation & Financial Considerations - 收购 Perplexity 是否值得 380 亿美元，尚不明确 [2] - 收购方是否具备足够资金，以及资金问题是否重要，目前尚不清晰 [2] Product & Technology - 某资产本身可能没有内在价值，但可以作为通往某种产品的入口 [1]

Efficiency and Productivity - Companies like Palantir and Shopify are demonstrating that a large workforce isn't always necessary for success [1] - Shopify's revenue has increased by 91% since its peak employee count in 2022 [1] - Shopify's employee count decreased from 11,600 to 8,100 while revenue increased [2] Leadership and Strategy - Ruthlessness is essential for success in the B2B sector [2] - Predicting market behavior is considered an unknowable task [1]

Venture Capital & Investment - Scale's General Partner Rory O'Driscoll has invested in category leaders like Bill.com, Box, and DocuSign [1] - Jason Lemkin is a leading SaaS investor with a portfolio including Algolia, Talkdesk, and RevenueCat [1] - Discussion includes whether Seed and Series A valuations are currently at dangerous highs [1] - The conversation explores whether a single founder can build a unicorn [1] Company Performance & Strategy - The report analyzes why Datadog's stock tanked despite its best quarter ever [1] - Palantir's 50% growth at scale and whether it can last, along with if Palantir is overpriced, are discussed [1] - Shopify's path to 91% revenue growth with 30% fewer staff is examined [1] AI & Technology - The report questions if GPT-5 was a letdown [1] - The discussion covers Perplexity's potential acquisition of Chrome for $34.5 billion [1] - Analysis of the $3 billion N8N deal, questioning if it's a genius bet or bubble FOMO [1]