TBPN - AI Needs a Steve Jobs, Meta’s Nuclear Powerplants, a16z raises $15B | Diet TBPN

Episode Date: January 10, 2026

Diet TBPN delivers the best of today’s TBPN episode in under 30 minutes. TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays 11–2 PT on X and YouTube, with each episode posted to podcast platforms right after.Described by The New York Times as “Silicon Valley’s newest obsession,” the show has recently featured Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella.TBPN.com is made possible by:Ramp - https://Ramp.comAppLovin - https://axon.aiCognition - https://cognition.aiConsole - https://console.comCrowdStrike - https://crowdstrike.comElevenLabs - https://elevenlabs.ioFigma - https://figma.comFin - https://fin.aiGemini - https://gemini.google.comGraphite - https://graphite.comGusto - https://gusto.com/tbpnLabelbox - https://labelbox.comLambda - https://lambda.aiLinear - https://linear.appMongoDB - https://mongodb.comNYSE - https://nyse.comOkta - https://www.okta.comPhantom - https://phantom.com/cashPlaid - https://plaid.comPublic - https://public.comRailway - https://railway.comRamp - https://ramp.comRestream - https://restream.ioShopify - https://shopify.comTurbopuffer - https://turbopuffer.comVanta - https://vanta.comVibe - https://vibe.coFollow TBPN:https://TBPN.comhttps://x.com/tbpnhttps://open.spotify.com/show/2L6WMqY3GUPCGBD0dX6p00?si=674252d53acf4231https://podcasts.apple.com/us/podcast/technology-brothers/id1772360235https://www.youtube.com/@TBPNLive

We have a massive show for you today, folks. $15 billion raised by Andresen Horowitz. We're going to be taking you all over the place today. But we're going to start with Steve Jobs Apple. We're going back into Cupertino because there's a rumor that Tim Cook might step down sooner than expected. His compensation, we've talked about it a lot, $74.29 million per year. His salaries $3 million. Stock awards, $57 million. non-equity incentive compensation.

He gets a $12 million bonus if he does well. He gets $21,401K. Personal use of private jet, $800K on that. That's nice to see. Only $800K? Vacation cash out of $56K, security expenses. They're paying $900,000 a year to secure him.

That's going to be a whole team of people. Probably some jacked tier one operators following him everywhere he goes. But he is rumored to be out. AppleTRAX says Apple CEO, Tim Cook has told senior leaders that he is tired and would like to reduce his workload. I doubt they wanted that quote specifically to leak. But it did via the New York Times.

So rumors suggest he could announce a plan to retire as early as this year. Of course, the rumor is that John Ternus might step into that role. With Tim Cook having recently turned 65 years old and a number of other senior Apple executives having already departed in the recent months, we're heading for the exits. There has been a significant focus on Apple's plans for who will succeed Cook as CEO. I was hoping for a Warren Buffett third act from Cook.

I was hoping for him to just say, I'm just hitting my stride. 65 to 95, that's where I'm going to do my best work. You haven't seen any compounding yet. It's a completely underrated era for business leaders. If you can stay in the game and continue to compound from 65 to 95, that's where the sweet spot is.

is. You know, just get ready to lock in, not check out. But he might be, he might be, we love to joke about him being underpaid. I actually think he is, or he has been. Seriously. For how big of a company is and what he's done to the time. But the normative determinism of Tim Cook coming in and just absolutely cooking for as long as long as he has. It will always be remembered. Yeah. So several recent reports have identified Apple's senior vice president of hardware engineering, John Ternis, as likely to be named the next Apple CEO in the New York Times has now shared a profile of Ternus with some context on his expertise and how he's viewed within the company. According to sources who spoke with the New York Times, Apple has begun

accelerating its planning for Tim Cook's succession last year, with Cook having expressed a desire to reduce his workload, while Software Chief Craig Federici, Services Chief Eddie Q, marketing head Greg Jaws, and Retail HR Chief Deidre O'Brien have all reportedly been seen as potential candidates. Turnus appears to have shot to the front of the pack with Cook likely to remain as chairman of the company's board of directors. Oh, so he's not completely out to pasture. He'll be in the boardroom. Ternus is known for his expertise as an engineer, having worked on many of Apple's devices through, although he is known, quote, more for maintaining products than developing new ones. Big question about what the next decade or two of Apple's product

roadmap actually looks like. How many more new products do they need? Sort of have one thing in every category. If we go through a major form factor shift, that could be an issue. But in general, if you have someone who's really good at maintaining products and keeping dominant market share, driving up margins, that could be the right person for the job. Quote about John Turner's. He's a nice guy. Let's hear it from sometimes nice guys finish first. They always say nice guys finish last. I think it's a bit of fake news. This is from former Apple engineer Cameron Rodney. Rogers. Quote, about John Turnus. He's someone you want to hang out with. I love it. He's just a good hang. Everyone loves him because he's great. Has he made any hard decisions? No. Take the shots at your boy. Hey, we're just like hanging out with the guy. We're just like hanging out. Has he had to do any real work ever? Now, has he made any single hard decision in his life? I'm sure that's not true. But it does characterize his role, I guess. He hasn't been in the CEO seats. he probably hasn't had to make crazy decisions like, should we launch Apple Vision Pro now or later?

He's not the one. He's just like, you told me to launch it, I got it done, right? That's his role. Should we make the iPhone less durable? That's a hard decision. Are there hard problems he's solved in hardware? Also, no. What? This is an insane quote. Wow. Ternus and others may quibble with that assessment. However, as Ternus has been involved, involved with a number of innovative products over the years, including spearheading effort to develop the iPhone air and working on the upcoming foldable iPhone. That's exciting. Turnus is seen as a natural successor to cook, even with an even temperament, strong attention to detail, and an intimate knowledge of Apple's supply chain. That's obviously very good.

But he may not bring the visionary focus and willingness to take risks that Steve Jobs had. Will John Turnus, if he steps into the role of CEO of Apple, will he bring the visionary focus and willingness to take risks that Steve Jobs had, that's a tall, tall order. I think Tim Cook's executed extremely well. He hasn't even, it doesn't really seem like he's tried to bring a visionary focus. He's been the operator. He's a supply chain visionary. He's a supply, yeah, visionary in his own way.

You were thinking, and we've been discussing this need for a Steve Jobs of AI, a visionary leader in AI. We have a number of household name types. CEO, Sam Altman, Elon Musk, Dario Amadeh, Demis, Google Deep Mine. But we don't quite have that Steve Jobs. Maybe that's too tall of an order, but you still think it's necessary. So walk me through your thinking. Yeah, everybody's worried about not having a job because of AI.

Well, AI needs jobs, too. They need a Steve Jobs. Yeah. Oh, I didn't get that. That's good. We've talked about this a little bit this week. I tried to summarize it today in the newsletter. I went back and looked at the history of the phrase tech clash. It was originally coined by Adrian

Waldridge and the economist in 2013. He correctly predicted that, quote, the big developments of 2014 will be the growing peasants revolt against the sovereigns of cyberspace. The Silicon elite will cease to be regarded as geeks who happen to be filthy rich and become filthy rich people who happen to be geeks. Over the coming years, he was entirely correct. It was actually in 2018 that Techlash was the runner up word of the year. No way. So he, So he called it perfectly. Obviously, you had the Cambridge Analytica scandal, which is actually finally going to be dramatized this year

with the social network too. That's coming out this year. Do we have a release date yet for that? I don't think so. OK. But it is in the works. And then, yeah, just growing concerns about monopoly power, privacy, democracy, censorship.

Really quickly, Tyler, October 9, 2026. Yeah, that's what I'm seeing. There we go. OK, we do. Book the tickets now. That's going to be entertaining. This would be a good, we should, we should, actually, I don't know. I'm not sure that this movie is, I expect this movie to hit like 10% or potentially negative

in comparison to the social network one. I agree. And so I think it might be the kind of thing you get a bunch of people to go. And it's just like, okay, that was. The social network, the original movie is a really good Roar Shock test for, are you going to have a good time in tech? Like if you ask someone who is thinking about working at a company or a tech startup, like, what do you think of the social network?

And they're like, oh, I thought it was awful. And like, I hated all of it. And there were no heroes. Well, they're probably not going to enjoy tech. But if they came away from it being like, oh, well, it's actually really inspiring. Because he just coded a thing in his dorm room that became really big.

And yes, there was drama and fights over who gets one on the cap table. But even Eduardo Savarin became a multi-billionaire. So sort of an aim for the moon. It would land amongst the stars situation. Most people, most tech insiders, if you ask them about the social network, they were like, that was inspiring. I listened to the music all the time. It inspired me to grind harder, basically. I'll continue. So first tech lash is all about how is this impacting our mental health, how is this impacting our democracy, the foundations of our country, society, privacy, you know, censorship, et cetera.

The second tech clash has begun. Feels like it started last year. You know, this is one of the things like, yeah, you don't really know. sometimes it takes a while to realize like, okay, we're in this thing now that we can look back and see how public opinion has been forming around this. So I believe the average American believes that technology and now AI is now like a threat to their way of life. So I was looking at... There were rumors of the tech lash in 2024 when the image generators came out. A lot of the arts community were saying this is really, really bad. It's going to put artists out of jobs. the thumbnail community on YouTube was upset. But this year it's solidified around,

there's like three or four key points, key talking points, if you talk to someone, why don't you like AI? Well, it's stealing copyrighted information, it's slop, it's putting people out of jobs, it's stealing water and stealing power, and each one of those is somewhat real. The first tech, our lives are now existing

in these platforms. And they are in some ways more powerful than the government. Yeah, yeah. Maslow's hierarchy of needs pulled up. And I was just like going through and looking at physiological needs, right? Air, water, food, shelter, sleep, clothing, reproduction, safety, personal security, employment, resources, health, right? All these different things.

And then you just go up and you can see that, like, there's good reason for the average American to just kind of believe, like, AI is going to mess all of the stuff, right? So starting at the bottom, Americans have heard that data centers use a lot of water. Yeah, I knew water. It's not necessarily factual. Yep. Sure, water is used in the process, but we're not like, you know, blowing through water at the rates that the public sort of receives. I was joking about this online.

I was hypothetically debating with AI Dumer about water usage. Well, are they long water stocks? Because if you believe that AI is going to use all the power and you bought GE Verona, you did very, very well. But the water stocks have not mooned. So, hey, D cells who think AI is going to use all the water, maybe you got to put on a long position. Yeah, we're just privatize a public utility, you know, become a monopolist. AI does use a lot of power, and there's a lot of investment theses that can be built on top of the semi-analysis energy model. Why doesn't semi-analysis have a water model?

Oh, because it's actually not a bottleneck to anything. Yeah, so the power thing is more real. I have to imagine people are reading an article, oh, your power bill might be going up. If your power bill just goes up because it's a winner, you're like, oh, thanks, AI. Yeah, yeah, totally. I, you know, I didn't ask for this. So they've seen Terminator too, so they can imagine kind of like the sci-fi scenario playing out. That's one factor.

If they're super online, they might have heard like the Casey Hammer or other people talk about this, like solar panels, you know, an AI system just saying like, hey, actually this farmland, I could use it better than you humans. Remember that Ilya video? Oh, yeah, yeah, yeah. So he did an interview with the San Francisco Chronicle. It was this video, it was like a video documentary almost where they were interviewing him, but there was no questions. So you never saw who was asking the questions, but he was giving his answers.

And he's sort of like sadly walking around on a gloomy beach. It's like very moody. I would say he was aura farming. He was sick. He did or a farm San Francisco a little bit. But as I was getting dressed up as him for Halloween, we were playing that video. And the makeup artists who were applying the Ilius Sutskiver,

all the makeup to me, were watching that being like, that's not inspiring at all. Okay, yeah, and I didn't even include that in here, but that's like the reaction. Like every time people hear leaders at labs talk, they're like, turn it off. As opposed to, you could show someone an Apple ad or Steve Jobs clip, and it would be like,

oh, dancing on your wired headphones with your iPod. Like, I love music. They're making music available. Great, I love it. And there were so many things that were just inspiring. Yeah, moving up the pyramid, People have been told that AI is coming for their jobs. Some people have actually had an experience

that made them feel like, well, I thought I was, I thought what I did was unique and special, but now I'm watching AI do my job. Trying to do it on my own computer. Maybe imagine somebody that's driving for Uber and Lyft and all day long they're driving and they're just seeing, they're sitting next to Waymo's in traffic and you're looking over and there's no one in the seat.

That's ominous. That's going to be scary if that's how somebody puts food on their table. And then every single CEO last year was saying, like we have, you know, fortunately we have increased efficiency due to AI. And so we've laid off 10,000 people, right? And so a lot of that is just kind of like spin, marketing, et cetera. But that's what people are hearing, right?

And then you look at what are the AI leaders are actually saying. So Ilya talking for 10 minutes, people are like, whoa, that doesn't seem good. Ilya is saying like, let's not do that. He's trying to prevent that bad scenario. Sure, sure, sure. It still reads like, whoa, I didn't realize they were taking that seriously. Yeah, so you look at the quotes. You could easily look up quotes from Dario.

Obviously, he had his quote, AI could wipe out half of all entry-level white-collar jobs and spike unemployment to 10 to 20 percent in the next one to five years. Elon had a good quote from over a decade ago. He said, with AI, we are summoning the demon. Some people today might say the demon has been fully summoned. Fully summoned. Fully summoned. And Sam obviously said at one point,

AI will probably most likely lead to the end of the world, but in the meantime, there'll be great companies. And so this kind of messaging credit to them, it's like super effective for fundraising, right? If somebody's saying like all jobs will be wiped out, the world will be destroyed. Yeah, but in the meantime- There's a lot of funds that are long demon. You know, you're just like the demon, the free cash flow from demons. Yeah, so it's like, if you're sitting there being like, if AI is going to eliminate my job, I want to own a piece of it. So, you know, maybe maybe a benefit. from it. So the big issue is like anybody that's hearing all these, like, why would they actually be excited about AI, right? Even though, even though it is so incredible in so many ways.

It's not that they're not pitching it like Steve Jobs pitched garage band, which was like, now anyone can be a musician. Now anyone can be their own doctor is inspiring, but it's just like they are fighting an uphill battle because of those other quotes. Yeah. If somebody is kind of like generally scared of AI, what content do you point them towards? Typically, you'd want to point them towards of people building it. So I've just been feeling like there's this gap, Steve Jobs-sized hole, right? He had plenty of concerns about technology. He showed them freely. Somebody once asked him, so your kids must love the iPad. Then he said, my kids haven't used it. He just said we limit how much technology we have in the home. He did talk about like losing the

PC race to international business machines. He said, if for some reason we make some big mistake in IBM wins, my personal feeling is that we're going to enter. a computer dark age for about 20 years. You can imagine, like, Sam saying something like that around, like, you don't want, and you've seen the internal sort of messages between him and Elon talking about, like, losing to Google, right? It's like, oh, we don't want Google to control the AI God, right? Yeah.

1994, Rolling Stones interview, the interviewer said, nevertheless, you've often talked about how technology can empower people, how it can change their lives. Do you still have as much faith in technology today as you did when you started out 20 years ago, Steve says, oh, sure, it's not a faith in technology. It's faith in people. Technology is nothing. What's important is that you have faith in people, that they're basically good and smart, and if you give them tools, they'll do wonderful things with them. It's not the tools that you have faith in. Tools are just tools. They work or they don't work. It's people you have faith in or not. Yeah, sure, I'm still optimistic. I mean, I get pessimistic sometimes, but not for long.

I wrote the facts of the fact Steve Jobs was not one to shy away from impressive specs and massive scale, but flipping the final line from AI will cure cancer to humans will use AI to cure cancer makes all the difference. Apple put human centrality at the heart of everything they did, even when they were talking about something like a CNC to mill an aluminum block into a MacBook Pro. The focus was not on the CNC. It was on what it allowed the human being to do. So yeah, at the end of this, I just said, like, I think AI has a massive narrative problem right now. The narrative is working within the industry.

It's not working for people that are outside the industry. And I just don't, I really don't think it has to be this way. So there's some massive news from META. They are doing a big deal with O'Clo to build nuclear power plants. The headline from the Wall Street Journal is META unveil sweeping nuclear power plan to fuel its AI ambitions. Meta platforms on Friday unveiled a series of agreements that would make it an anchor customer for new and existing nuclear power in the United States where it needs city-sized amounts of electricity for its artificial intelligence data centers. The Facebook parent said it would back new reactor projects with the

developers Terra Power and Oklo and has struck a deal with the power producer of Vistra, which is up 11% today, to purchase and expand the generation output of three existing nuclear power plants in Ohio and Pennsylvania. Meta aims to see the first new reactors delivered as early as 2030 and 2032. I just view meta as like a nation state. Yeah, well, so the problem is the globe. It's impressive. Meta operates all over the globe, but why aren't you thinking bigger? Who's the director of solar system level energy development?

Galactic energy production. True, true, true. Universal energy production. You should be producing energy all over the universe meta. Oaklo and Meta making this announcement. 1.2 gigawatts is the total size of this nuclear campus. in Pike County, Ohio. The agreement includes binding prepayment

to support fuel procurement, enabling Oaklo to advance early project work and secure fuel, adding new clean, reliable power to the grid. So let's move on to the big news of the day. And Dresen Horowitz raised $15 billion. Why are we here? Why do we raise $15 billion? Massive suite of new funds.

The Hall represents 18% of all venture capital dollars allocated in the United States in 2025. A16 Z is now at 90 billion of AUM. Andresen Horowitz hears your feedback, that it's too loud, that it would shut up and dribble, that it should shut up and dribble, politically speaking, that you don't agree with a recent investment or two, that it's unbecoming to quote the Pope, that there is no way it will ever generate a reasonable return for LPs on such enormous funds. A16Z does hear you. It has been hearing you at this point for nearly two decades.

Overnight success. And then he goes in to a bunch of the history and the news. But there was some spice. We got to get to the drama. So Andrews and Horace, they put out this image. Why we raise $15 billion. We're all in on America. And what image do they use? They use Mount Everest. They're climbing Mount Everest. The metaphor is clear. It's the tallest mountain. We're the tallest mountain in venture. We got the most money. We're the biggest firm. But a lot of people are saying, hey, why do you use a Chinese mountain? Why do you use a Chinese mountain? It's Everest. It's over there in China. It's actually half in China, half in Nepal. White House officials have talked about a $5.7 billion payment for Greenland, right? That depending on what type of payment would be needed for a place like Nepal, right? You can imagine it being potentially less than that.

We should insist that all data centers that are built are architecturally beautiful in the neoclassic style. Yeah, Shamsankar, you know, he wants data centers built that are architecturally beautiful in the neoclassical style. Have you seen those photos of the AWS data centers? that back up onto Virginia housing developments. So it's just like an idyllic few houses that just look like a normal neighborhood. And then just behind a massive white box. They're like, I'm not leaving.

Well, now you don't even get a box. You get a tent because Meta is now, they gave up on their previous architectural design. And now it's just a tent, which maybe is more aesthetic. If you're going to do a tent, meta, I think you should make it like a circus tent. some red and white stripes going. Get some constant clown music going, do-d-d-d-d-d-d-d-d-d-d.

Get the workers in the data center to be wearing clown. Imagine being as locked in as the Kyoto architecture community was in 1397. I cannot believe this was built 700 years ago, 600 years ago. Explain what the- So there's some lore here. Give me the lore, Tyler. Okay, so, yeah, 1397 when it was built. I think in maybe 1950, so it was like a temple, right?

So there's monks that lived there. And I think it was 1950. For 500 years or 600 years. Yeah. Okay. The one was living there and he burned down the temple. Whoa. And then he tried to like commit suicide right outside it.

Why? What's wrong? I don't know. He just wasn't locked in. No one knows what happened. But then, so this is actually it was rebuilt. And there's a good, but it was rebuilt in the same style?

So the architectural style is truly from 1397. Yes. I mean, I think there's some questions about how much gold was actually used in the original design. Yeah. And there's a good, uh, Yuko Mishima book about this. Oh, really. I really want to bring back moats, moats, right? The obvious thing that's missing from modern architecture, people talk about the material use,

the form factor, but the obvious, the elephant in the room is a lack of moats in modern. Indeed. Architecture, we need to bring back moats, gators in the moats, potentially shark. Yeah, people have like coy fish, you know, ponds, but why not just go size it up a little bit? Genetically modify. Shark pond. Imagine, you know, people go out, they like being relaxed and kind of like feeding the, feeding the, the, the, the, the, the, the coy.

But imagine just, you know, throwing, like, chicken breasts into the water for a shark, how relaxing that would be. Yeah. If you needed just, you know, 15-minute break from work before you get back to your email job. In other news, they 3D printed a Starbucks. Starbucks has a new drive-thru in Texas, the coffee giant's first 3D printed store in the United States. The way it shows up, you basically get like a crane with a gantry that can move the nozzle in an X and Y axis, and it just pour cement in loops, circles again and again and again. Okay, I need to know how quickly they built this and how much it costs, because if this came in at 80%,

they said it was two Gs, two grand. Starbucks was down to their last two grand. And they're just like, yeah, I just 3D print it. What is the average Starbucks cost? Stand-alone building cost. Tyler asks, who is the architect? And Pete says, Slop GPT. So the total investment range for Starbucks location

is 760,000 to 2.2 million. See, that's not. It's kind of like right in the range there. Traditional Korean architecture, with its visually rich, harmonious patterns, produces lower levels of visual stress than modern facades with repetitive patterns, hard lines and high contrast materials, which are more likely to overload the visual system

and contribute to discomfort, especially in dense urban areas. There's some research that suggests that having variation in your architecture actually can reduce stress, which is fascinating. Yeah, try to zoom in on this picture on the left. Yeah. Because you can see the one on the left, it's way, for something,

it just feels more organic or more natural, right? I think A16 and Z needs to build a like a massive gold superstructure in the heart of San Francisco, just carve out, you know, the, who knows what the fee structure is, but take half of it. Take half of the fees and just build a monolithic monument. I think we should kind of look back to Charlie Munger's design for the UCSB.

Yeah, the lock-in. Dormsilla. He just wanted, he just wanted everyone to lock in. He wanted everyone to lock in and he was killed for it. It was ridiculous. Pull up this article,

you can see the design and just how many, just how many rooms in this place are windowless. It is very, very powerful. So on the outside, it looks like, I think he just knew that people were only going to have a few, by the time this was built,

people would only have a few years to escape the permanent, class and windows would distract people. France will delay the G7 summit to avoid conflict with mixed martial arts. Really? On Donald Trump's birthday? Yeah, so they're gonna delay

group of seven summit to avoid a conflict with the mixed martial arts event planned at the White House on Donald Trump's birthday. Do you think they have a group chat for the G7? And it was like, hey, can we get together? We gotta get together. We gotta do a summit. Let's do a summit, guys.

And Trump's in there. And Trump's in there. Just be not, yeah, I already told Dana I'm in. I'm watching UFC that. It's happening in my house. It's going to be really awkward if I'm not there. I got to be there. I gotta be there.

Let's plan another summit, another time. Well, speaking of Trump, Lip Butan is in his good graces. Donald Trump post his new best friend. On Truth Social, he says, I just finished a great meeting with the very successful Intel CEO, LButan, LBT, as he's called. Intel just launched the first sub two national. centimeter CPU processor designed built and packaged right here in the US of A. The United States government is proud to be a shareholder in Intel and is already made through its USA ownership position tens of billions of dollars for the American people in just four months. We made a great deal and so did Intel our country is determined

by the end of the year. I'm going to have a down. Our country is determined to bring leading edge chip manufacturing back to America and that is exactly what is happening. And people are asking for particular financial advice, which we won't, which we will not give. Just four months after the United States invested Intel, that investment is already delivering tens of billions of value to the United States people. That momentum continues with Intel's new 1.8 nanometer processor and a major step towards bringing semiconductor manufacturing back home. Let's play this clip from Liputon talking to Howard Lutnik. I have the pleasure today of welcoming Lipbu.

And he's come to the Department of Commerce to update us on how Intel has been doing since we made our historic investment in the company. Thank you so much. I'm so delighted to come over here to see you with double the market cap. It's over 200 billion. Two hundred billion.

That's go. And also very exciting. We are now on our products, first time on the 18A production in the world. In that, in that world. Series 3 processor with multiple of our customers in US globally and using that is the most advanced process design and also using our most advanced

using the background. Right. So for the United States, we love the fact that Intel is doing leading edge work in America. In America. 18A means 1.8 nanometer. 14A is 1.4 nanometer. Think of how incredibly sophisticated and tiny that is. And then packaging is you take this little, little, little, little teeny thing and how you put layers and layers of sophisticated circuitry on top of it.

And you do it with, you know, just the most amazing technology. Succession music. Seems like it. In America, leading in America by a U.S. company. Get yourself an investor that talks about your company like this. So we're proud of you. This is a. Okay.

We're rooting for you. And we need you to be successful for America. This is the new startup launch video. You do a deal, you raise some money from a VC, and you got to put out a video like that. You guys sitting down on the couch next to each other with the succession music, and they explain your business, shake your hand. There's so many new formats. U.S. Oil Executive is commenting on Venezuela. No one wants to go in there when a random effing tweet can change the entire foreign policy of the country.

And Deep Dish Enjoyer says LMAO. So it is remarkable how online this administration is. You saw during the, you know, people have been celebrating the death of X, and yet during the invasion in one of the images of the war room in the background on the TV was just X.com slash search for Venezuela. Let's see what people are saying. Well, in other news, OpenAI is reserving $50 billion for a stock grant pool. Jack Raines,

500 billion company doing 13 billion in revenue projecting 50 billion in equity comp is so good. Price of SF real estate is going up. Price of the AI researcher going up, but they have the money to distribute. And with that, we'll say goodbye and have a great weekend.

Have an amazing weekend. Thank you for watching. We love you. See you Monday. Goodbye.