TBPN Live - Project Stargate, The T Word, Ramp Treasury, Audience Ad Reads, See You at Davos

Episode Date: January 23, 2025

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Welcome to Technology Brothers, the most profitable podcast in the world. Today, we are giving you a breakdown of Stargate, the latest AI initiative, and really like a massive, just completely tech and AI-focused story to come out of the post-Trump inauguration. I think the mainstream news was like not on this, and I was very happy to see like, okay, there's a tech story here. Yeah, caught off guard. Yep.

And opening up up like what was interesting is it came out at like i was in i was on a layover uh off brand i was i was on a layover last roasted uh because i was flying into a small regional airport um and uh just routine maintenance on the g6 yeah yeah like it just was poorly yeah poorly planned but uh i just remember it was 4 p.m in denver when the story came out which just felt super random typically you have a big announcement like this it's like more but it was because they were doing a press conference with sam with with masa with trump the photo is insane the photo of them all together and trump's just standing on the side just being like nice guys like yeah do some American business yeah I like I like the vibe

of this because I don't think for you we'll get into this but the the like Trump is not committing money to this he was just like this is cool putting a stamp on it yeah it's great yeah and and Massa had very much framed it as before, you know, apparently the conversation went, if you win, I'll bring you $100 billion. And Masa was saying, like, I came back with $500. You can't keep a good man down. Like, there's some really iconic Masa pictures throughout history that go on our X or or the tv account in my account i tried to surface some yesterday we got some bangers up we got some bangers we got an 8k banger yeah um as as of this recording might be a 10k now uh well let's go through the wall street journal article

to give some basic facts and then we'll uh cover the the some ben thompson analysis with the information or the misinformation is saying about it and And then, uh, we'll take it through the timeline and get you some reactions to Stargate, the new AI initiative. Um, so the Wall Street Journal writes some of the world's most prominent names in technology are pledging to pour as much as a half a trillion dollars into building. It's so much.

It sounds bigger when you say half a trillion. Uh, even so normalized. Yeah. The B word. Yep. Yep. Now, now it's half a trillion. It's even so normalized, the B word. Yep, yep. Now it's half a trillion.

Now we're in the T land. Artificial intelligence infrastructure in the U.S. and the latest high-profile initiative timed with the start of the Trump administration. And this is what's weird. It's really interesting. It's a joint venture. It's a new company.

And so OpenAI is taking equity in Stargate, and they're the leader of this joint venture. You wonder how the dilution you have to take as a new company raising that much money. Yeah, have a try. And what they say here, that intends to invest $500 billion, to be clear that they can obviously have a huge debt component to that, which would still count as this framing of an investment yeah and i mean we'll get into this but i mean the there's been a massive disconnect between like the announced like in our day back in our day when you announced the 20 million dollar round it meant that 20 million dollars to the cent came into your balance sheet as an equity equity investment

yes and so the framing here yeah And the investors would even have to... You get the wire instructions. It's like, oh, you're investing $5 million. Invest $4.99999996 because you're buying this many shares. And now it's like, yeah, I threw some venture debt on top of it and then some cloud credits. And then, oh, yeah, this government told me that they might throw some extra money in if I do one thing.

So I'll throw that in there. And all of a sudden, I add couple of zeros to my fundraising round. And back in my day, if you went out to raise 7 trillion and you came back with 500 billion, that was not something to be. Oh yeah. The start is a 7 trillion. That was the story.

I forgot about that. That's wild. Those rounds typically don't even get announced. Yeah. And so, so it's a open AI soft bank group, which we know well uh they'll build data centers for open ai and then open ai will be a customer of those data centers so it's going to

be this complicated like yeah loopback the database company and mgx an investor backed by the united arab emirates are also equity partners in the venture the companies are committing 100 billion to the venture with plans to invest up to 500 billion over the next four years which actually put this into perspective in 2024 i believe there was 168 billion dollars invested into u.s based uh startups yeah and so this is basically saying we are going to match almost match that level of spend but purely into the data center infrastructure side the energy you know energy everything just gets so it's essentially we're seeing like the vertical integration of ai where where you know like it used to be oh yeah like you want to build a startup you're just like you're essentially like a an aws rapper then a chat gp rapper

then it came to the training runs you're gonna have a huge aws bill because you're gonna be training on some infrastructure. Now it's like, in order to really do what they want to do, they have to buy the land, the energy, the compute. Everyone was saying, oh, another 1 trillion to NVIDIA because NVIDIA is gonna make- Well, that's what I was joking. I was obviously shit posting,

being like, showing Masa and Jensenensen being like 500 billion did i hear that right masa he's like yes brother it's all for you it's all for you and it's funny because masa literally bottom ticked nvidia do you remember like he sold at the bottom yeah i sold at the bottom and his it would have like you know uh so anyways this is just, I mean, the whole story of Masa, I was, I tagged Ashley Vance and I was like, you need to do a proper documentary on Masa because what an incredible story. The guy has had some of the biggest wins and the biggest L's and just like continues to like push forward, never loses, never loses confidence seemingly yeah which we love to see so the hundred billion

dollar sum includes projects that the company's already announced and initiated under the biden administration so they're kind of like rolling in their old progress as well so yeah they make this a thing and then the total figure if realized would be large even by silicon valley standards and underscores the extent to which tech companies and government officials are betting on ai as the future of the american economy it also shows how much tech executives want to broadcast their enthusiasm at the start of the new administration and i love this photo of just sam smiling while talking to the paul brothers it's like random photo yeah it's like the wall street journal knows what they're doing there they're just like this this is this is like you know unprecedented

and it's just like there's celebrities around um and they pick that photo very clearly yeah one one thing you can tell as far back as sam positioning is i'm going to raise seven trillion dollars yeah sam is under such an i don't think there's somebody elon's under a lot of pressure and that he's got a lot of balls he's juggling right he's got like seven balls in the air he's got a lot of balls. He's juggling, right? He's got like seven balls in the air. He's got billions, hundreds of billions of dollars on the line. But Sam is arguably under much more pressure, much more scrutiny. And so seemingly this project,

they very clearly are 500 billion building new AI infrastructure for open AI in the United States. So Sam's strategy is his number one enemy is the most powerful, wealthiest man in the world that everybody's saying, oh, great, we're now an oligarchy run by some guy from South Africa. Yeah.

Right. But Sam's strategy is like, I'm going to become too big to fail. True. I also think this is an interesting narrative violation about that thesis that has been running wild that Elon's secretly the president and has 100% control over Trump

because if that really was the case, then this press conference never would have happened. And so it actually is kind of refreshing in some ways to see that, no, the presidency is still clearly intact and Trump is just making deals one at a time. Also, we talked about this right before the show. Sam Altman was very against the Trump presidency. Oh, yeah.

He praised Reid Hoffman in 2021 saying, if it wasn't for Reid, Trump would be in our state. So this is an example. You framed it as Trump is a deal guy. He's playing the specific moment. He clearly in this situation would have known that Sam had been a critic and wasn't for him, but still was like, this is good for America. Let's do this.

He's come around on this. He's donated. He's come to the inauguration. He's effectively kissed the ring. And so I'm down to do a deal as long as the deal makes sense. Kiss the ring. And in this case,

it's just on deal terms, it's the federal government doesn't need to invest anything and gets a huge benefit, right? Dominance over AI. And it would actually be weird. It would be. And a lot of this is investment

from other countries into America. I mean that's what nasa represents right and that's what the uh the mdx mgx the uae so you're taking money from a foreign country and putting it in america that's like that's a pretty easy calculation for trump i think and yeah for there's there's a good argument for foreign investment here because i don't think the United States has 500 billion, you know, if they can pull the money together. It's not like we have an extra 500 billion dollars that are just kind of you'd really have to. I think we print that like every day. Yeah, yeah, yeah. That's true.

That's true. Not every day, but I get what you're saying. But yeah, I mean, what the COVID stimulus was like a trillion and then another trillion or something yeah yeah so we could but if we did that it would be very inflationary and stuff yeah well it would be correct for it to go all to okay i can see uh yeah we're doing a stimulus check for sam altman it's one it's one 500 billion dollar check uh yeah this is universal basic economy today yeah the economy today just functions as a wealth transfer between elon musk sam altman and base baron base baron picking up a very small amount of that but i was laughing at this because uh you know over the weekend the uh the trump coin launched and

then melania coin launched and everyone's like it's so ridiculous that these like super powerful people have like coins attached to them but then i was thinking back on it and i was like wait but like remember when elon attached himself to dogecoin and you could basically get exposure to elon through dogecoin and he essentially had a like a you know a meme coin attached to him and and then even sam has world coin which doesn't truly have like cash flows yet and although there's like more of a story there for how that's going to be a real crypto, it is in some ways a meme coin just about Sam. Like when I think about do I want to buy a world coin, it's do I think Sam is going to be a successful person for a long time. It's a way to go along Sam. Same individually.

Exactly. Because the coin should like live and die by him in the same way that Trump coin lives and dies by Trump. Yeah, it's a very odd framing. So Stargate's first data center will be in Texas. The site, which started construction last year, will be operated by Oracle and used by OpenAI. The companies didn't disclose how much each partner would contribute.

OpenAI raised billions of dollars but still loses money. Oracle has about $11 billion in cash and marketable securities but more in debt. And SoftB Oracle has about $11 billion in cash and marketable securities, but more in debt. And SoftBank has roughly $30 billion of cash on hand. OpenAI said it would operate the venture while SoftBank will finance it. Stargate will have a separate board of directors and hire a new CEO, which sounds like, just like after all the war drama at OpenAI, I'm like, I have PTSD about AI boards generally.

But SoftBank's Machio Suson will be chairman. Stargate plans to bring on additional equity investors. So I think Ben Thompson framed it as like, this is almost more of like a prospectus or a roadshow for Stargate. It's like kicking off. It's a marketing event. It's like kicking off.

It's a general solicitation. At the White House. Yeah, to the sovereigns, basically. Basically. And to be honest, it's very smart to go and get a photo opportunity with Donald Trump being like, yes, we want $500 billion invested in American AI infrastructure. And then if you're the Norwegian sovereign wealth fund, you're like, oh, we'll toss like $5 billion in. Yeah, yeah, yeah. It's going to be a party round.

This is very clearly a party round. Seriously. I mean, the other way to think about this is like it's this huge number, but how do you comp it just to general tech capex? And so Goldman Sachs has estimated that all the American tech giants collectively will spend an estimated $1 trillion on capital expenditures in the next few years. And so that will include large outlays on data centers, chips, and the power grid. And so there's already kind of a trillion dollars flowing around.

There's just a question of like, if you're Jeff Bezos, do you want to be a part of this party round and like kind of count your capital? Or do your own? Or yeah, yeah. And later we'll maybe get to this or maybe now the right time is uh uh so elon obviously quickly came out and said pull up that post yeah so elon

came out and he goes uh they don't actually have the money and uh and then had had a number of other posts um and it's clear to everyone uh involved that they certainly don't have 20 of the 500 billion just sitting in an account like that money has clearly not been committed um you know wired right maybe there's it seems like there's a lot of soft commits there's people around the table saying yeah we want to be involved. But it's so clearly like a DAC and a render that nobody's going to be like, and then it will be a bunch of sub-entities and complicated structures of like, okay, we're setting up this data center. We're going to tie this much debt to it. We need $10 billion specifically here. It's just wild to see fake it till you make it at this level. Yeah, fake it and then make it at this level yeah fake it till you make it basically and so sam sam's strategy uh which was interesting where he says i genuinely respect your accomplishments

and think you are one of the most the most inspiring entrepreneur of our time and i don't think that that response um i think he's trying to win out like it you can i i do believe he genuinely believes that right yeah totally how could i mean you can go back and watch the interview between him and you but like fighting fighting fire with a hug i don't think it's how you win against you're not gonna you're not gonna yeah you're not gonna win the war with elon by being nice to him he doesn't act so many different ways by elon it's kind of just like why not just try a new strategy i guess but yeah i mean it's interesting because it's like the initial open ai announcement i think it's it

is this fake fake it till you make it energy uh most people understood that but i think elon realizes that many people don't and many people will think oh wow uh oh yeah xai has five million five billion and they have 500 billion i should this has 60 almost 60 definitely over 60 000 likes by now yep um and uh i guarantee you that open ai has people seeing this post messaging them and being like hey will you promote my crypto coin you know so like it's so like the average person seeing this is like wow this is real oh yeah totally because you don't understand normally when you see it normally when you see an announcement like this

it was done historically yeah and this being done in the present yeah and so elon elon is he's not i mean he's he's almost like theatrically just trying to educate people on like the nature of this fake it till you make it stuff which sometimes he he does too. And then Sam's- Definitely the Optimus demo. Yeah, exactly. And so there's a little bit of like, everyone's doing the fake till you make it, but there's a lot of alpha and like calling somebody else out for doing it.

And getting that, dialing in the level of fake it till you make it is like the most important thing in Silicon Valley because you go too far and you're in jail. And every- You don't go far enough. Founders do this with product demos right they'll put out a cool video launch video showing it and then you sign up for the product and it's got

not not not really featured oh it was sped up i mean even google yeah google when they launched their ai stuff uh people were saying oh yeah they sped up the like the ai was actually thinking for three minutes they sped that up and they didn't say they sped it up. All these different things. A million companies have gotten caught with doing stuff like this. Faking demos. But it's different when Tesla fakes a demo and it's like, oh, they delivered that

product three years later. And Tesla is very massive. Versus the Nikola guy who straight up had a fake truck that was rolling down. Exactly. And that was fraud. the line of like what is fraud well and tesla was doing that to get to like sustain their aggressive you know market cap right their their marketing yep um so uh janet our buddy janet from from public.com sent us uh sent us this post which was clearly satya running cover for sam after all this and on cnbc he gets asked you know elon musk says like project stargate doesn't have the money

now obviously satya is conflicted here as any you know you ideally people you be over your career you become so conflicted that you just can't say anything at all. And so Satya gets asked this question very directly. Satya owns half of OpenAI and has made a huge, huge bet on OpenAI. And Satya is very sort of specific with his words. He's getting pressed on, uh, how much are you putting in? Do they, do they actually have the money? Yeah.

And Satya goes, you know, we've, we know we've committed to investing, you know, $80 billion a year, uh, in Azure.

And, uh, you know, and the guy goes, asks like a followup question and he goes, Satya goes again, all I know is I'm good for my 80 billion. And like Satya is not saying I'm investing $80 billion just through stargate he's saying i'm investing 80 billion dollars in my

yep data centers and infrastructure and all this stuff and so i mean again this is one of those things that that that uh normies not our audience but yeah normies will look at this and be like oh microsoft is investing 80 billion in this like they're they're 80 of the way there yeah like it's real i mean if that was the case that would be extremely if their balance sheet just went down by 80 billion into some high risk yeah i mean they have they have they have committed i mean to be honest the other thing here is it's not high risk in the set in the way that investing in a startup is right you're investing in physical infrastructure that has somewhat predictable demand yeah everybody's expecting exponential growth in that demand but yeah every indicator says that that's correct so um and again microsoft is using a bunch of debt

yeah everybody involved will be like levering up which which we love to see. We love to see. It'll be interesting actually to see if there ends up being, if, if, if AI creates so much demand that we are just constantly trying to catch up to that demand, or we create a, like a new housing crisis because like trillions of dollars are invested in data centers and you know, who knows? Yeah. I mean, the crazy thing is like, it's, it feels like so much money, but money but at the same time when you when you talk to the ai folks and they're like every order of magnitude is what gets us you know breakthroughs in ai we went from gpt4 which was a 500 million dollar run to a 5 billion dollar project to the 50 billions coming and the 500 billion like four

years is actually slow on the on on some people's AGI timelines. Like some people want to do an order of magnitude basically every single year. And so like this has been talked about for a long time. To be honest, like it's like, I, I,

I basically it's like, I don't exactly know how the capital formation will happen, but if you, if you just ask me like, will humanity invest half a trillion dollars in AI over the next four years? I'd be like, absolutely. Yeah. Um, invest half a trillion dollars in ai over the next four years i'd be like absolutely yeah um

let's go to one one last thing i would say open ai i think is the best in the world at uh at disseminating their story and the things that they want people to believe through a complicated network of terminally online and on accounts uh internal employees leaks you know stuff like that uh memes even being like oh we're going to name it stargate which is like a very charged name for stargate was a cia project oh is that around mind control oh okay one reference yeah there's also a reference there's a sci-fi reference there's a movie called stargate like there's all these different things it's a new name it's a very cool name yeah knowing whoever held that yet a couple days ago they probably sold it for 50 million dollars yeah um so yeah uh ben thompson frames this as a bit of a prospectus as masayoshi sone sets out

to raise the funds a project of this size and magnitude does seem to be up his alley what is amusing is open ai's propensity to get itself once again into a weird financial arrangement it seems as if the company will get equity and stargate a separate company from for operating the data centers and it will also be its primary, which is to say it will be paying itself in some respects. Still, it makes sense. OpenAI is a software company with different long-term cost structure than that of an infrastructure company.

That's fine if you're at Microsoft scale and profitability, but for entities that are losing money and looking to raise more, it makes sense to be different investment vehicles. So Steve, in one way, the market can look at open ai as a software company and then stargate as a infrastructure and hardware company which which does make the new manhattan project the manhattan project of ai yeah it's cool because you're getting some of that credit of it being

this government thing when all trump did was say yeah this is a cool vibe. I'll give it, I'll join your press conference. Yeah. We should go to the- Gavin Baker. Yeah, Gavin Baker. Okay, so Gavin Baker, crossover fund manager and a great poster says, Stargate is a great name,

but the 500 billion is a ridiculous number and no one should take it seriously unless SoftBank is going to sell all of their baba and arm soft bank has 38 billion in cash 148 billion in debt and generates 3 billion in free cash flow uh per bbg what is the i don't know oh uh probably bloomberg oh per bloomberg okay i thought they were saying like per, yeah. So $3 billion in free cash flow. They own $143 billion in ARM and $18 billion in BABA. If they start selling ARM, their stake will be worth much less very quickly. So if you basically just start, if you sell off $143 billion in stock,

it's going to create a supply-demand issue. Oracle has $11 billion in cash, $88 billion in debt, and generates $10 billion in free cash flow. It's funny to put up... Founder at the helm, and he's looking good. Everybody's wondering what's his stack, HGH test, you know, facelifts.

He's looking good. OpenAI is burning cash. MGX did not commit to a number in his $100 billion fund. Maybe 10% of the fund goes in the best case, good um open ai is burning cash mgx did not commit to a number and is a hundred billion dollar fund maybe 10 of the fund goes into the best case in the best case nvidia will limit how much they invest in any one model company maybe five billion barring the aforementioned this isn't a model company so but and it is like the most like virtuous cycle where whatever money they put in is gonna get added in so i i i could actually see the nvidia investment being

higher yeah but yeah barring the aforementioned softbank oh and they can also structure it as like trading in in-kind trade of equity for for gpos and then also that 10 of that fund i think that that's a little weird it might be a little low i think some funds could go up to 20 or 30 a private equity fund will do highly concentrated. It's possible. And then also, if this deal goes well and they're raising the next fund,

the commitment is over four years. Yeah. Potentially. That one fund is MGX or MDX? MGX. MGX. They could wind up getting $50 billion of experience. Yeah, yeah, yeah. So, they could wind up getting 50 billion

of experience. Yeah, yeah, yeah. Also, this doesn't take into account positioning this

as a road, a roadshow. Yeah, perspective. And, and Masa is known to make ridiculous commitments

and then walk him back a little bit. So, he could be like, I will sell all my arm to like make this happen. Exactly. I've got the cash.

Like, let's run it. Yeah. And, so anyways, barring the aforementioned softbank arm sale might be able to put together 50 billion in equity funding over several several years can obviously finance the gpus and put debt on the jv in this case you could probably if you're going

to put up 50 billion of equity i don't know how much debt uh you could slap onto this bad boy uh but gavin's point is nowhere close to 500 billion. Everyone should just start issuing press releases for $1 trillion AI projects. And then apparently some biotech company with the ticker MGX like popped. Oh, really? After this, like 30%.

Yeah. But anyways, and so... The people buying the wrong ticker thing and actually moving the market always blows my mind yeah you're enough of a trader to read this news

think that it's bullish for the fund go in there but not check for two seconds that you're investing in the right thing but what if it's just that there's this understanding that it will pop it will if it's just that the bot there's this understanding that it will pop it will okay so you're like uh it's the meme stuff it's the meme pop it's the trump coin of meme pop of this um and so jeff lewis referencing sam's response to elon he says i genuinely respect

your accomplishments and think you are the most inspiring crossover fund manager involved in a lawsuit against open ai of all time uh and then they just go into this like back and forth um chat on chad violence uh and uh but but anyway so so gavin is conflicted jeff's a huge investor in open ai he's conflicted everybody's it's everybody involved in this public conversation is is deeply conflicted. But that's why we're here to try to figure out what's actually happening. So there's an interesting, to go back to the Satya Nadella and Microsoft thing, like obviously Microsoft and OpenAI have been really, really closely aligned for a long time. And then there's been reports of that relationship fraying a little bit.

And Ben Thompson has a good breakdown of kind of like how this wound up happening. And so he previously wrote in an update saying, so Microsoft will spend money on training, but at a pace dictated by inference usage, leaving aside the fact that inference usage only comes after training. This is a viewpoint that is fundamentally at odds with OpenAI's still stated goal of pursuing AGI, which is in some respects, just doing training for training sake to see what you can develop. I guess you could square these circles if you tried, but it sure seems like OpenAI and Microsoft are really, dare I say, misaligned. He's joking about the alignment problem, but it is interesting. There's evidence that evidence of this misalignment continued to emerge. The information wrote about OpenAI's frustration with Microsoft's GPU availability

and the role that played in OpenAI's last fundraise in October. The Financial Times reported in December that Microsoft was negotiating to remove the AGI clause that restricted their future access to OpenAI models in exchange for further investment. Then over Christmas break, the information reported that the companies were having difficulty

coming to a new agreement. The two companies were having difficulties. What, you reported? Yeah, the information. The misinformation. The misinformation. Although Microsoft was more insulated from the AGI clause than believed, as OpenAI needed to first generate $100 billion in profits,

to that end, it is notable that this new deal does not appear to have more investment from Microsoft, as you noted, and does not appear to address the AGI clause. And so a little bit of this is like maybe a way to get back into like the crazy scaled up training runs that just have been maybe a little bit stalled because you kind of max out Azure and it becomes this question of like, hey, we have this belief that scaling laws will hold. And that if we invest 10 times the money, we will get a higher IQ model out. And there, and, and it's, it's pretty clear from the, we looked at the data and it's pretty clear that, um, when, when you, when you 10 X the energy and tokens and data and all the work on the training, you do get a smarter model, but the increases have been diminishing.

So as you spend 10 times more, you don't get the same increase from GPT-3 to GPT-4. So you could see this diminishing curve. And at some point, you know, if it doesn't become just super intelligence, you're going to wind up doing the training when it costs 500 billion and only getting like, oh, cool. It's like it went from like an okay PhD student

to like a pretty good one. And it's like, was that really worth it? And so I think that OpenAI clearly believes that yes, it's worth it. We're going to get something really special out of it. It's going to drive an immense amount of value on the inference side

financially, and also potentially like solve all of human humanities problems and all that stuff. But, but, but, but making that case to Microsoft, which have shareholders and tons of other businesses to say,

Hey, you need to take every penny you have and start building data centers for us probably wasn't going. One, one thing that, um, it seems very clear. It's impossible to predict the future, right?

It's a, it's a skill issue usually, but yeah, skill issue. There's some people, the thing I can predict is that humanity a hundred years from now, we'll study this power struggle over, over the creation of non-human intelligence

right and the funny thing i i um i saw somebody post and they said uh uh everybody's now calling it asi because it's clear we have artificial general intelligence already right yeah and so even open ai is like everybody's like hey we got to kind of unwind yes like agi clause in this partnership because like kind of already have it yeah it's not printing like 100 billion dollars a year in free cash flow yeah like maybe it will someday but maybe a bunch of companies eat up that pie yeah so there's just so much money on the line it's like actually incredible because you can just do everything like it's every single industry tim cook's punching the air because he's like barely scraping a gear 78 million in total comp meanwhile the average baseball player is making like half that and

and he's sitting watching his baseball he's sitting watching around he's watching you know these size lords huck around tens of billions of dollars of checks and he's like, I can barely get a bite. A crumb. A crumb. It's funny, where is Apple in all of this? It is crazy. They partner with OpenAI

and they're sitting on all this cash and they're just like, yeah, let's rip another buyback. Yeah. It's so uninspired. I think that we're so stuck in all the all the nuances of this story because it's so big and so interesting but i think it's going to be incredibly interesting to see what elon's reaction is going to be because he's definitely going to have to outrace he's he's gonna have to do something well and here even if it's just pr or like narrative spinning or

storytelling like yeah there's going to be something that comes from Elon World and XAI that is compelling and fascinating. And then Google too. Think of the other sovereigns that are not in this announcement. Yeah. Qatar, Saudi. There's plenty of other big sovereigns, right, that can write $20 billion checks. Yep. And so behind the scenes, you have to imagine that.

Malaysia. Malaysia does a lot of training. You talked about that. You have to imagine that there's this battle between Elon and Sam and Masa out behind the scenes, taking these meetings, trying to get people to pick a side. And those people don't actually want to pick a side, right? Like even VCs don't want to pick a side. They want to be able to be like, well, we invested in this foundation model, but, you know, they've got, like, sort of different paths, and we're also going to do this one.

Because people just want to deploy, and they're playing. Everyone wants to own a piece of ASI, right? They got their piece of AGI, and they're kind of a little bit underwhelmed yep it's cool it's cool but like you know yeah it's not solving all of our problems just yet we still have to solve our own problems yeah you still got to prompt it yeah i do i do really wonder i mean they keep like it the pattern has certainly been or like the at least the financial story that we've been hearing is that um as a product llms are sticky and drive high revenue subscriptions essentially perplexity 20 a month like tons of people just pay for it i pay for it's great um but i also pay for chat gpt

and then i also just got they use them interchangeably yeah and interchangeably to some degree certain ones are better for other ones like the google one has a really huge context window so you can dump an entire book in there and then and then get it to summarize that but chat gpt has the better reasoning models with o1 and soon o3 and so um the latest news from open ai is that they're launching the o3 model it might be 200 a month there's a version that might be two thousand dollars a month or something like that there's been people talking about it um and then kind of quietly behind the scenes people have been saying well you know for a long time people saw this as existential for google because how are you

going to put ads in llm responses if you read a big block of text are you like it's less natural um to put ads in but perplexity solved that and figured out how to put ads in there and i think it actually makes a ton of sense to put ads in llm responses and it'll work just fine and it's actually very easy purchase decisions yeah yeah and it's very easy to actually just have a second llm that rewrites the response and says insert an ad in this in this text response they should consult with us on that. But I think the third financial story that hasn't really been told yet is how are they going to drive cost down on the inference side?

Because you saw this with Bitcoin where there were originally it was extremely expensive to mine Bitcoin. You had to do it on CPUs, so huge server racks. Then they figured out how to do it on GPUs. Then they moved to something called FPGAs, which are kind of field programmable gate arrays which are like uh it's almost like a baked in silicon um and then they went to asics which are which are chips that are specifically designed just for mining bitcoin that's the only algorithm that the chip can run and so it mines bitcoin very very efficiently and that to my knowledge no one one has baked, you know, mid journey down to

Silicon or, or GPT for down to Silicon. And when you do the cost to actually inference, the model should be nothing. And if, and if there's some sort of curve where yes, the true AI power users are going to pay $200 a month for the really expensive model. And Sam recently said that, Oh, one users are actually losing the money because they prompted so much. And I noticed this, I use a one pro and I get messages all the time. Like you have five prompts left. And I'm like, Oh God, like I'm probably like, yeah, yeah. I'm probably like one of the people that they're losing money on. But for, for like the average user who just wants something that's decent and is used in the stream why haven't they made truly the all you can eat

buffet if they want one reason would be if they actually made it an infinite one then startups would hack it so that they're like basically like leveraging one account to run special software applications and just like piping it back yeah um but yeah i mean if there's people that that basically whatever their workload is maybe just like you know recipe shopping list just like daily life stuff just oh spell check this thing they're not really trying to do reasoning or advanced computation or math or code yeah then if they're if they're just happy with gbt4 you bake that down in silicon and then that's just pure profit um and i think that could drive like pretty great financials for some of these firms but i just haven't seen anyone talk about that or actually build that model yeah but i'm excited for that because i think that'll

i think that'll justify underwriting larger models like much easier because you'll be able to say, hey, all that revenue that people are saying, oh, yeah, because the inference cost, it's actually low margin revenue. All of a sudden, people will be like, no, it's actually 99.999% profit when you break it down into silicon, which would be the thing that really unlocks. Yeah, of course, invest $ 500 billion because once you once you get the model that's perfect and there's just so many prints it uh there's so many levels to the game there's the hardware side there's the model layer energy there's the energy land there's there's the time it takes elon to get the West Coast. The private jet industry. The Riyadh, right? Yeah, a lot of private jet flights.

But there should be an account that just tries to track. Some of these players don't have their own jet, but Elon is typically flying. You can't track that jet. That's bad. Remember? I'm just saying there's a whole subculture of dragon jets and we probably piece together who's actually making more fundraising traction with who by

figuring i mean that just happened with the intel thing where qualcomm oh yeah yeah yeah and a bunch of the uh and uh but i feel like that could global foundries they don't really know in mar-a-lago well the announcement hasn't happened it's probably it's probably elon's imagine if elon's stargate is we're buying intel yeah and and and intel is going to make it again yeah manufacture gpus in america and they're going to be exclusively sold to xai or something like that yeah and we're raising 501 billion all we gotta say to the audience find your stargate like just find your stargate yeah i'm waiting for the uh yc request for startups like you know we've seen some some success out there in startup world for people you know assembling you know half a trillion dollars to build ai infrastructure uh we'd love to see if i do that at yc more of these

yeah we'd like to see some more yeah it's a growing trend yeah i'd love to see some more of these. Yeah, we'd like to see some more of these. It's a growing trend. Yeah, I'd like to see that too. So yeah, let's close out with Ben Thompson here. He says, Oracle and SoftBank are there to serve OpenAI, which isn't a business that Microsoft is particularly interested in. Sure, Microsoft will provide inference to OpenAI for a fee,

and they like having exclusive access to the API, but Microsoft is ultimately a product and service company. Yeah, to the api but micro but microsoft is ultimately a product and service of the company to uh is it the api yeah yeah but also yeah also the ip you're correct um if they can get away with running a highly efficient distilled model like deep seek demonstrated this is what i was just mentioning deep seek distilled the model down so it's higher margin with a lower price to serve then that's fine with microsoft as long as their customers are happy so microsoft is going to figure out how to slot the open ai api and the and the models into excel word outlook all their products and then it's going to be an it's going to be co-pilot on the desktop software everywhere there's a microsoft product there will be an open ai trained llm running improving that user experience, there will be an open AI trained LLM running,

improving that user experience, and it will be compressed. Yeah, Clippy. Yeah, it'll be Clippy. Yeah, they should bring back Clippy and make it like great, actually. It's like the smartest AI. It'd be great.

And so they're going to distill the model down and then just still have their normal margins. And so it won't be upheaval to their financial model because they're such a large corporation. They can't just be like, hey, actually we're in the nuclear power business now yeah like sorry investors like the entire model is completely different now i don't think i think what ben thompson's saying is that like microsoft just isn't ready to completely pivot their model they

want their investors to know okay this is the profile yes we're benefiting off of ai but at the right like scale and margin so open ai, remains not only committed to AGI and beyond, but is also in a fight to have the best model, which undergirds their status as a consumer tech company. They need training GPUs. They need GPUs to build products around inference time scaling. And most importantly, they need investors who are in it for the upside, not to serve enterprise customers who will take years to adapt. This new agreement and new announcement reflects this new reality and the end, at least in terms of relevance, of one of the most fascinating partnerships in tech history. They're really going to write books about all this. It's insane.

Yeah. So do you think they did this because they were excited about Ashley Vance's new media company, Core Memory? Yeah. We need to give them a good first exactly story throw them a bone yeah directly yeah uh because they clearly you have rushed it rushed the announcement yeah um it's funny because it's it's a very dangerous time to be trying to launch anything in tech yeah because if you were you might just get run over you could get run over by a stargate you get run over by or just trump saying the wrong thing yeah yeah think of yeah think of yeah or or uh a video

where baron trump just gets increasingly larger and larger yeah anything like that uh there was a good uh uh like uh snl's cold open actually had like a pretty hilarious take on how trump is able to just completely derail like the mainstream media because they're like we really need to talk about this executive order but we have some breaking news donald trump just said he's gonna you know uh melt all of greenland and turn it into a farm and then so like they just get completely distracted consistently and that's like extremely true like yeah like like no one can stay focused on anything and so i getting the launch right and timing the date correctly is like enormous if you go on a date i remember when we launched the the trailer for the show i think it was a quiet news day and we ripped and it just

destroyed everyone's timeline which is great yeah yeah tough day i do i remember i forget who it was some other startup that i i know did a launch when we launched the trailer and I actually felt bad because I mean, during the fires, like it was hard for us to break through because I just started posting about policy. You just went full on a war path against our whole, our whole plan to not talk about politics lasted like two months.

But to be fair, at this point, if you track not based on the number of months, but the number of episodes, I bet you if you, what are we on? Episode 30 something? 36?

I bet you episode 36 of All In is where they start getting political too. So, you know, we're actually just speeding. No, but it's not political if you're just speaking the facts. Yeah. That's policy.

Yeah, exactly. We only talk about, we talk about policies, personalities. Exactly. But never politics. Never politics. Yeah. That's policy. Yeah, exactly. We only talk about, we talk about policies, personalities. Exactly. But never politics. Never politics, definitely. Let's just close out

with Ben Thompson's final line. He says, one additional point. If it's true that SoftBank is looking to raise debt for these data centers, then that's notable for a few reasons.

On the positive side, it speaks to a great deal of confidence that OpenAI is really on the verge of a meaningful breakthrough. Something like AI training AI all the way to AGI. That will consume $500 billion worth of data centers. On the more negative side, funding these data centers with debt as opposed to Microsoft funding data centers with profit is definitely a bubble indicator. OpenAI is right to go for it. DeepSeek is evidence of the danger of standing still.

But it will be interesting to see who wants to be in the business of loaning against rapidly depreciating GPUs. Very interesting. Venture debtors. Venture debtors. The loan sharks always come out on top, I guess. They do.

Did we get through all the posts related to this one? Yeah, we did. Okay, cool. Let's move on to the timeline. Oh, we got a whole bunch of, we got a whole bunch of DMS and reviews. Uh, thank you so much to everyone who's been leaving reviews. If it's your first time hearing this call to action, uh, we want to remind you to go leave us a five-star review, but specifically leave a promoted post in your review, write an ad for your company, your friend's company, just a company that you like. Just put it in the review. We'll print it out and we'll read it on the show. So it's basically like a free ad slot. What is that? $10,000 value, $50,000 value. I mean, it's, it's a lot of value. So go do it.

I'll read through these. This is a great podcast says stan rizzo i love the technology brothers podcast five-star review brought to you by david more protein and fewer calories help you increase muscle and decrease body fat this protein bar does just that 28 grams of protein only 150 calories and zero sugar this is your protein bar idealized i love that because i've been like well so peter. Peter, the CEO, sent us a few boxes. John powered through averaging five a day. You want to take this one next? What will trade-off you're eating these?

Thank you for upgrading my information diet from Nick DeWild. He says, five stars. Very cool. He says, if my podcast listening time was a luxury high rise, the Technology Brothers just swept in, took over the top 10 floors, and evicted all the deadbeats. Sorry, all in. And if you're the kind of captain of industry who listens to this show, you know what lands you a luxury penthouse is a sales team that can close when big deals are on the line.

Unfortunately, most CEOs only find out that they're sellers. I just love that anybody discovering the show and looking at the reviews is like, wait, like why is all these? Unfortunately, most CEOs only find it out that their sellers can't close the hard way, cringing through recordings of blown deals and missed opportunities. That's why we built exec.com. We help your company design and deploy custom voice-based role plays with AI characters that mirror your actual prospects, letting your sellers perfect their skills before the stakes are high. Every pitch, every objection, every critical moment, practice and certified before the real money's on the line. Companies like Samsara, Accionis, and Superhuman are already using exec.com. And then we get cut off. To prepare their people for high-stakes conversations, want to see how they do it? Exxonus and Superhuman are already using exec.com and then we get cut off.

To prepare their people for high stakes conversations, want to see how they do it? Head over to exec.com and book a demo to experience our AI role plays firsthand. Thanks to the Technology Brothers for the ad read and for upgrading our information diet. We really haven't set a word limit and someone is just going to drop like a 5,000 word pitch for their company and we're going to get stuck i feel like nick i think we're going to cut it off at one screenshot from now on okay one uh tighten it up i mean insane domain insane domain same domain i'm ready to start like i'm ready to start running these ads they sold me yeah they sold me and it's funny too because you have to imagine that exec.com is just generating the training data to replace the sales leaders that are using it. So it's like, it's just kind of wild.

Well, hopefully they'll be duking it out on the 101 against all the other AISDRs soon as they expand. Yeah, they're going to have to compete with Jeremy Giffon for trailboard space. Yeah, trailboard space. But ad quick, we will get you sorted. Yeah. A must listen for any brother. John and Jordy put the brothers in tech bros. They appreciate the finer things in life.

Profits, Dom Perignon, and skiing. Their show is a must listen for any technology brother. This ad brought to you by, this review brought to you by Carrot AI. Carrot is a whiteboard for researching, brainstorming, and thinking. And it's the best way to visually collaborate with AI. Carrot is a whiteboard for researching, brainstorming, and thinking, and it's the best way to visually collaborate with AI.

Carrot just moved into an open beta. Sign up now at carrotai.app. I haven't heard of this, Carrot AI, but we do a lot of research brainstorming.

Great name. We might want to give it a try. We should try it, yeah. Ben, install that and get a Carrot AI whiteboard going. We can map out all our machinations there.

You want to read this one? Perfect. Oh, my God. SirGord says, Yapping done right. Five stars. Great podcast, but even better vehicles for ads. I've already bought David Protein bars

and Bezos' old plane. Now I want my fellow technology brothers out there to hire me to make your pitch decks oh this is matt gore more than two billion dollars raised from size lords like andreessen horowitz and the saudi royals hit me up on x gorical of delphi that's g-o-r-a-c-l-e of delphi or check the company at opio.io yeah he's awesome he made a whole pitch deck for us when we launched uh our our trailer and it looked so much yeah i had many people being like just send it to him yeah yeah many people were like how did this leak or whatever and and and so he and that was without

we hadn't talked to him at all yeah just spun spun it up out of nowhere and it was super on brand. So Matt, if you're listening, please make a deck for Stargate. I want to see that. Yes. I want to see that deck. You said. That's actually amazing. Super viral, super viral potential. But he says he's raised more than $2 billion.

So if he makes the deck for Stargate and sends it to Masa and he starts shooting it around. Yeah. You can 10X that or 100x that number like absolutely like a thousand x that number and be like 502 billion dollars raised the only thing is that masa is one of the greatest deck makers oh yeah time yeah he does give matt gore a run for his money yeah matt gore of insane graphics i'm like yeah did you custom design this duck playing eggs golden eggs yeah imagine being a designer it's a thing and just being like because it has I'm like, did you custom design this duck laying eggs? Golden eggs? Yeah.

Imagine being a designer at South Bank and just being like, because it has a very PowerPoint aesthetic. It's not a Figma project. It's not refined. Okay. So five out of five. Great to listen while shining shoes. I'm a professional shoe shiner and Coogan has been my client for over a decade. I love listening to their podcast while shining shoes of celebrities and billionaires.

Better than an MBA at HBS or GSB. For my son's birthday, he gifted him a Patek Philippe. Truly an exceptional mensch. This review is brought to you by Lucy. Pack a lip and lock in. Thank you. Dude, you kind of need a shoe shine there. I do need it.

I've been on the road. You've been on the road. I love it. Road warrior. Let's see. Technology Brothers is my enlightenment. The Technology Brothers podcast isn't just another podcast. Even on the road. I love it. Road warrior. Let's see. Technology Brothers is my enlightenment. The Technology Brothers podcast isn't just another podcast. It's my enlightenment.

I fall asleep to their voices, and by the time I wake up, their wisdom has already recalibrated my mindset. Prime for greatness before my feet touch my Brooks Brothers loafers. Custom, by the way. The writing is so on point. It's so good. The world turns, but my orbit revolves around their takes technology brothers is my gospel my alarm clock my north star enlightenment okay wait who wrote this because take a wild guess oh baldo you absolute legend i was literally about to say

baldo we gotta we gotta hire whoever wrote this but we're already talking with baldo about about opportunities at the firm so that's great um let's go to this post but i think so we printed this in black and white and it's chris saying no brown in town and he's and he's circling some shoes that i think these are sam sam sam altman what's the story here so sam altman uh he has has incredible taste in cars. He's got the Regera. Yep. He's got the P1.

F1. McLaren F1. McLaren F1. But he had, and I'd say this to his face, he had a horrific fit on. I'm not saying this to his face. I mean, it's just not on the level that yeah not on the level that it should be it doesn't scream half a trillionaire yeah yeah there's no there's no excuses i mean there's i have stylists that fashion is back in tech yeah and standing out is and loud opulence was really

back this weekend oh yeah the inauguration yeah you saw lauren lauren sanchez with some very interesting i don't know if that's it wouldn't bucket that in loud opulence i'd put that in yeah something very loud but i was disappointed that bezos didn't match her energy and just rock the tightest tuxedo t-shirt with his biceps just popping out and just been like we're both like just going insane uh instead he was just wearing a normal sister but i feel like if you're if your fiance comes out dressed like that you you got to be like what am i doing in this normal clothing i gotta match the energy yeah come with something crazy speaking of fashion choices we have some breaking news from paul bomb trump assigns mandatory pocket protectors for engineers executive order uh i've never been a pocket protector guys completely

before my time. I don't even know. We should take some for a spin just to see what it's... Yeah, do a little throwback episode where we dress up as NASA engineers. That'd be great. There needs to be,

almost needs to be watch protectors with what's going on. Seriously? Oh yeah, do you want to tell that story? This is a crazy one. Somewhat, yeah, not actually relevant to Paul's post. Yeah, yesterday, somebody held my brother-in-law up with a knife in the middle of the Upper East Side

and stole his Patek Philippe and, like, walked up to him, asked him for directions. Yeah. The guy was with his wife and children. That's crazy. While committing this heinous crime that's like the the criminal was with his his wife not the victim yeah the victim was alone yeah yeah that is victim is alone just be like hold on son i'm gonna go steal something yeah that's wild so super dark he was super shaken up and he's like yeah i'm never wearing i'm never wearing

a watch out in public again like unless i'm like getting in a car going to dinner i i yeah i mean it's it's like a super dark story and it sounds like and it's funny because we're talking about like talk about terms all the time but yeah we talked we talked with a we reached out to a friendly journalist oh yeah and she was basically like i talked to her crime scene this is like such a common story it's it's it's not even a story it's not even news oh and the other crazy thing the cop said uh the cop so my brother-in-law runs like finds a cop immediately after this happened explains like what happened he had a cut on his hand and a cop said sounds like your problem not mine to his face and so now he's like trying to figure out how to get

footage yeah i really hope there's like a pirate wires article or something deep dive on like what's going on with the police because it feels like like is is this like the cops have been i think part of it like they're underfunded or they've been like hated on for years you tell me the story of somebody who baggage was stolen from LAX? Yeah. So I think that cops in some way have been so demoralized because the people that get caught for crimes are not prosecuted. Yeah. That there's almost like this nationwide sense of I'm not going to go through the hassle of doing this.

Yeah. That they're going to be back on the street. And then also, and then also just like, like for like the whole defund the police movement was like, actually it's more noble to not do your job. If you're a police officer, like that was the message, like the world was sending to police officers. It was like,

you're not wanted. And that's really rough. Whereas, you know, like the, the, the whole point with like, you read like a children's story about like the police. I'm sure you see this, your son, like it's like the the whole point with like you read like a children's story about

like the police i'm sure you see this with your son like uh it's like the police firefighters like these are like heroes yeah in the in the kids story like paw patrol like the the the main dog is a police officer and it's like a good thing it's not like some bad thing but like that that was just lost from our culture for like a few years and i hope i hope there's like a recalibration and then there's probably some something going recalibration and then there's probably some something going on politically with funding and then there's probably something else going on with like training and like the judicial system and all these other things there's probably a million problems that are going on that need to be addressed but speaking of some good news on um

watches do we already talk about this in the show i think we might have but uh congrats again to tyler for getting a seiko. We love it. He's locked in. He got a sandwich. And to be clear, this week is a little chaotic for us. We were in New York from Monday morning to yesterday afternoon. We're back in Santa Barbara.

There's now a new fire. That's that's sent a ridiculous amount of smoke over here. So we'll see where we are tomorrow. Do you want to do this one, Base Baron? You referenced Base Baron earlier, but I think you were talking about the real Baron. So to be clear, Base Baron, it was like less than a month ago that I said

investing in Base Baron at sub 250 followers is like buying Bitcoin in the 90s. And he's now at like almost three and so this guy lewis goes rune got acquired by open ai beth got acquired by the blob i don't what is that what's the blob i don't know i yeah yes he got acquired by x yeah ain't an honest man left standing and beyond blah blah and it blah. And it gets, um, and then, and then base Baron quotes,

he says, and he says, base Baron got acquired by tech bros pod and Baldo goes outsourcing political commentary since the pod avoids it. Smart base Baron loves to rip a political post, you know, great, great poster,

bright future, bright future. Uh, let's go to, uh, Ada pie says, uh, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote, quote,. Let's go to Ada Pye says, quoting Cremieux, who I saw this weekend. Great guy. He says, okay, just to be clear,

most of the EOs were written partially with chat GPT and a lot of them were written with copy pasting between them. And then Rune says, real? And Cremieux says, yes. And Ada Pye says, daddy, how did the AI take over? Did they send big, scary Cylon robots? No, my child.

Like, we just use Chachupiti by default to write all of our laws, which is kind of funny. But it makes sense. Like, you need to write all these, like, papers. Like, of course AI is going to be used. Giving some pretty big, you know, a lot of ammo to the high school kids that are writing every single essay. If you say, well, the president's using it to write his executive orders. Why can I, you know, write, use it to write about the founding fathers? Yeah. How did it, you know, this is even less significant. Yeah. I mean, it's, it's still just like the, the instantiation of the

ideas. And so, you know, I don't know. It's, uh, it seems fine. It doesn't seem like that big of a deal. I I'd be surprised if there's anything. I'd be surprised if we wind up learning that the executive orders being written with the help of ChatGPT wind up causing an unattended effect, right? Where it's like, oh, they didn't proofread it. It hallucinated.

And now it's illegal to drink, die, go, or something. Yeah, exactly. I think that's probably unlikely to sign off um uh there was a follow-up on uh on the curtis yarvin thing that we talked about dvorkash patel chimes in and he says uh curtis yarvin is mistaken when he says that apple can produce iphones because it's a monarchy there are millions of firms monarchies in the world that can't produce anything nearly as impressive as as iPhones from the laundromat down the street to Boeing. Apple is the

result of a decades long evolutionary process facilitated by the market, which uplifts the very best culture, talent processes and ideas in the entire world. And the moment Apple slips, it'll get replaced. The average lifespan of a fortune 500 company is 15 years. And I think Curtis would actually be like awesome like i love the idea of like millions of little like micro uh techno monitors or whatever yeah but uh this is still an interesting uh take he says governments won't just uh don't just don't work this way xi jinping isn't competing against a million counterfactual chinese leaders who didn't do zero covid avoided deflation didn't kill the tech industry, and were awake to AGI. He can fuck up as much as he wants. If a monarch happens to

be competent, like Lee Kuan Yew, it is merely by chance, not due to some intrinsic selection mechanism of monarchy that we can replicate. You are just as likely to get brutal dictators like Mao and Stalin by chance. This is not a reasonable gamble to take with the lives of hundreds of millions of citizens. Apple is indeed a wonderfully competent organization. If we want more of the world to be run competently, we should delegate more functions to the market, which is constantly and ruthlessly sizing down incompetence. To be clear, a ton of incompetent businesses exist, but they lose access to capital, talent, and power rapidly, which is reallocated to those who can deliver. They don't drag down

the fortunes of entire countries and kill millions of people, which has happened again and again in authoritarian systems. So I think it's a good point. There was actually a rebuttal to this, which I don't know if we printed, but there was a rebuttal that said that there is a difference between the Mao and Stalin outcome and the Lee Kuan Yew outcome. And it's whether or not the dictator has control over not just the capital flows, but the actual capital stock. is that if if if the yarvanite monarch owns you know 60 of the wealth then there is economic alignment between them and their people and it will be like a better outcome i didn't really dig into it too much yeah but but but it did it did take me down i i'm like i'm like only tangentially interested in this battle but i think it is interesting that yeah i don't i don't feel

qualified to um but it did take me down a very interesting rabbit hole which was uh i was like okay so this guy's arguing that if if the monarch if the authoritarian leader lee kuan yew or mao own a lot of the wealth in the country you'll get a good outcome and so immediately that demands a fact check like how much money did lee kuan yew have and I tried to look it up and it's completely unknown I I found I found like wildly different different stats somebody was running the numbers and being like well he made a million dollars a year so if he saved it all and invested he'd have like 60 million but total wealth in the country was in like the tens of billions

and then another another quote was like no like he changed some law so that you couldn't see his wealth and he actually died with like 5 billion and it was actually companies and and and like chinese companies we're thinking about uh doing a whole deep dive on dji and it's very hard because there aren't there aren't that many accounts you don't know what you can trust you don't know what you can trust and then also stuff doesn't get translated that often doesn't make it out past the right firewall that often and so uh it's just a great mystery so if you have an idea of what lee kuan yew is actually worth that's more of an interesting story to me than, you know, this, this Yarvin debate. Um, I more just want to know more about, uh, Lee Kuan Yew because clearly something happened great in Singapore because it turned into a great country from basically nothing. And whatever the, whatever the seeds of success were, those are worth

studying. And I thought that was interesting. Um, um we we already talked about this breaking news oh let's go to ross olbrich so free ross announced that ross was just granted a full and unconditional pardon by real donald trump words cannot express how grateful we are i guess this account has been advocating for the pardon of uh ross olbrich who was the dread pirate robert who ran the silk road in what was that 2008 2013 i think he went to jail uh but it was like that era only really running the silk road for a few years a few years and so luke matro says all crime is now legal assuming you do it with crypto some truth to that but yeah i mean the positioning of being like okay if somebody was operating effectively a door dash for drugs using Fiat rails, they would have been slammed for so many things in so many ways. But Ross having these more arm's length, creating a platform to facilitate these transactions, but being able to say like, well, it's just a forum.

Exactly. I don't understand. I think there was just a lot going on behind the scenes here. Libertarian movement. Totally. Libertarian movement support for Trump. Yep. That led to this.

Yeah. To Ross's family. This is what by one person is like, this is an olive branch to the libertarians. Yeah. So you do this and then there's going to be a lot of tariffs and non-libertarian stuff that goes on, but they got their guy. Yeah. Yeah. And libertarians would argue that people are going to buy drugs all the time. And if you create a marketplace for it where sellers want to have trusted reputations that will sell better drugs and people will have less overdoses or

things like that. But then there was also like murder for hire on the Silk Road. Yeah. You know, and, and, and so I don't, I know I didn't understand this,

but, but purely from a marketing standpoint, the Ross family led a phenomenal marketing campaign to reposition the guy as somebody who wasn't the largest drug, like a drug trafficker. Yeah. Basically. Like a digital drug the other thing

that was really big was like uh you could you could buy hitmen on the silk road that's what i'm saying whereas they're higher yeah so so so it's not like even like and even by libertarian standards like the non-aggression principles kind of violated there it's a little bit tricky but yeah it's it's almost like and so going back to lu's point, it's Trump has set a precedent around, okay, he launched what's effectively like, you know, it's not a security. Meme coins aren't securities, but, you know, he launched it here in America.

Does that sound clear? I do hope that we get to hear Ross, you know, plead his case on heroin or something. Or somebody does a podcast. People were posting yesterday, get to hear ross you know plead his case on rogan or something or somebody does podcasts uh people were posting yesterday uh like wow poor ross he's been sentenced to 40 years doing the libertarian podcast well let's move on from uh you know uh a a drug platform to you know instead of buying drugs you should buy something much more much more much more of a drug which to you know instead of buying drugs you should buy something much more

much more much more of a drug which is a fine watch let's do a promoted post let's do a promoted post um one of the greatest drugs in the world consumption this is yeah there's nothing that hits quite like it uh so this is an amazing account first of all it is at bot three one six seven six nine three four uh sharing a bunch of japanese and and mandarin which i actually you know we don't have the translation here but i can translate this for you this is a picture of brad pitt wearing a 222 vacheron constantine uh and this watch which they just reintroduce yes uh and and we're calling it now we've been calling this in the group chats for months vacheron is about to go on a generational run yes uh you've got patek which is just launching

slop remixes of benadolus you've got uh you know uh ap which is going more of the yeah louis vuitton yeah hype beastie route and all those all those dj partnerships. Vacheron coming in, third member of the Holy Trinity, dropping this. We each need this watch. We do. We should queue for Christmas gifts for each other so it zeroes out. Exactly.

Engrave the back. And anyways. Yeah. So how do you recommend? Great campaign and a great watch. And you can get, these are, I think, going out through the boutiques now but if you want to get a vintage vacheron uh 222 you can go to get bezel.com

yeah or maybe you want a uh maybe you want an overseas or something else that fits your style because even though i highly recommend this particular model i always say that it depends on you know so many things to go and do what wears best for you so what wears best for you just a dm we're happy to go back and forth on it yeah yeah happy to help with that um let's go to chad byers he says gen z ai founders are insanely cracked 10x more business savvy than young people a decade ago and this is this is an interesting uh dividend i think from like the wi-fi money crowd and just all the chaos of COVID and being inside and watching meme stocks happen, watching crypto happen and having so many opportunities. Like I think, you know, in our generation there were, you know, teenage, young teenagers who made money online, but it was,

and Jeremy Gaffon has that, has that saying about high school transcript in a Stripe account and I'm investing, Stripe account showing that you made money when you were still in high school but yeah usually it was like oh yeah somebody was like got a t-shirt business going or i know someone who's had a stock photo site that did pretty well but not millions of dollars like there's so many flipping you know so many way to just make uh like 10 grand a hundred grand but now it's a million think about this think about in high school like let's say like middle school specifically 200 bucks in middle school was like i would get my dad would pay me like yeah three dollars a lawn yeah something like that yeah like 200 bucks is like literally like oh yeah i was doing like yeah mowing a lawn for like two years in a row or

whatever and now you can just go and when nike a sneaker, go lever up, get 200 bucks from your parents, buy the sneaker. And immediately you can resell it on StockX for double. And then you just made 200 bucks. I know a kid that did exactly that. And then he started writing a bot that did it. And then he sold that bot. And it's great. And those types of – I think there's basically the opportunity for really young people to make more money.

It's just bigger than ever. And what that means in terms of business savvy is specifically like you get to a certain point, you're going to learn about taxes, lawyers. Like these things are going to come in and that's going to teach you more about business. Yeah. Let's do another promoted post and then we'll go to this Andrea post. Do you have the promoted post there? I've got a promoted post. Okay.

Yeah. Let's do it. Andrea post. Do you have the promoted post there? I've got a promoted post. Okay. Yeah. So, um, so two brothers on the show, Chris, Amidon, uh, and Will,

who doesn't put his last name in his handle. So I never remember what it is. Uh, but they are building a, let me, let me scroll up here. Okay. Um,

so I just get it right. A young boy, you you auv defense tech company is how well described it which sounds exciting to me but they're basically building uh autonomous uh but like boats drones uh and so they're hiring an electrical engineer and a mechanical engineer uh so these are like founding team level roles job yeah yeah so basically this is an opportunity if you're an electrical engineer or mechanical engineer to go join a founding team yeah uh that is building uh some like imagine like the the um imagine like the lifestyle of like building like rc boats yeah but they have like guns on them and like,

and they can blow up and stuff like that. Um, so anyways, you can go to, uh, they have a, they have a, uh,

something listed on, on Ashby, Amidon heavy industries on Ashby. There's seven open roles. They are funded. They're hiring some interns as well. So go check them out, support the brothers.

And, uh, these guys are avid listeners of the show, former reply guys of the week. So even if you're not the mechanical engineer, the electrical engineer that would join their company, tell a friend, brothers supporting brother, that's brother behavior. Back to you, John. Let's go to Andrea. Did you follow this story at all? She says Meta isn't making anyone follow vp or potus accounts on instagram if you were following it it just transitioned like it's done on twitter it's

crazy that people can't even deduce that because we've stopped thinking and just react so basically yesterday uh or during inauguration as soon as i think trump's hand got off the bible the people at meta changed the account over just like they changed the White House website over and so all of a sudden if you were following the the at VP account it was Kamala Harris content and her profile picture and then boom it's JD Vance his name his pictures and his profile picture and same thing for POTUS and so a bunch of people who loved Kamala were like why am I following JD Vance now and they then got confused. They got confused. But what's,

so it became this whole meme about like, Zuck is pro-Trump, so he made everyone, he made my Instagram account follow Trump, but you're not following the Trump account, you're following POTUS. But it gets more complicated. So because the changeover

from Trump and Vance, from Biden and Kamala was so contentious, like when you think about most VPs, it's like who really was like up in arms? Like, oh, yeah, I'm a really like Mike Pence guy. So I'm like super upset about Kamala. Like the previous changeovers have not been as big. And the accounts were probably way smaller because instagram's just bigger and so what what happened at meta was millions and millions of people saw this and were like oh i'm following the wrong person i'm gonna unfollow and what happened was the unfollow demand was so high that the unfollow requests weren't going through on the server side so then it looked like i unfollowed it. And then I was like,

cool. I unfollowed it because it updated on the front end. It didn't update on the backend. And then you're still following it and does look like it, but it's above. So if you were following Joe Biden, because you love Joe Biden and then you start getting served, it's a terrible system.

It makes no sense. They just shouldn't have at POTUS or at VP. It should just be Trump or Biden. Right. Yeah. Yeah. Something like that um but they actually do some sort of archive where if you're following at vp when it's kamala you

will get you will get automatically fall you do automatically follow at vp number 47 or 46 and then it's an archive of kamala's content or something like that but it's all this like weird technical infrastructure and i think that there was also a bug going on because a lot of people clicked the unfollow button and then it refollowed them and then they felt like it was being that being the team at any social media platform that's in charge of switching over presidential handles so like a terrible yeah yeah job awful war rooms oh let's do another promoted post uh caught me caught me lacking well here i'll do a bucket pull talk about the bucket pull do a bucket pull because i got a lot um i got one uh

i got a couple here uh this is funny from the technology brother clearly inspired by us just kidding i think they had that uh that handle going earlier uh it says george poros and he shows the the net worth of elon musk is 415 billion and the net worth of george soros is 7 billion what has been going on with george soros in his business career i feel like he's been hovering around a couple billion like my entire life i think he's got way more and he just oh yeah okay just doesn't show up guys whereas whereas elon's wealth it's like getting marked to market constantly. So it's hard to tell. Interesting.

Also, I mean, like the political donation stuff, it's always shocking me how, I mean, SBF actually like brought this up, which was that like everyone was praising Elon from the Republican Party for donating a quarter of a billion dollars. And they were like, it's the biggest, most insane donation.

Like he did it for us. And it is a lot of of money but it's like less than one percent of his wealth it's less than point one percent of his wealth yeah it's like very very small and so i think uh especially soros has been i think focused on like local courts and local stuff and and in some of those it's like it's like a ten thousand dollar check will change the course of the election locally or something yeah it's crazy yeah i i uh but it is funny again i shouldn't talk about i shouldn't talk about politics politics if i get i'm gonna go on a rampage but i do have a promoted post uh very exciting news uh if you were following our account yep this morning you would have seen us request a new feature from ramp oh we've got so much cash coming in

that we wanted a place to actually earn some type of just sitting here it's not earning yep earning anything at all other than adding to the general ambiance of the show and just being close to cash is like there's some energy transfer yes it's nice uh but we requested a feature this morning at like 6 a.m., something like that. Ramp actually shipped it a couple hours later. And that feature was Treasury. Fantastic. And Eric, their wonderful CEO and friend of ours says, if you're reading this, your business is probably earning 0.07% on operating cash.

Ramp is now offering 2.5%. That's 35 times national average and much more on investment accounts and you can switch in a minute yeah so they're offering this functionality where you can have uh historically treasury products um you know would offer a high rate have low liquidity so it could take um and it was sort of designed intentionally in a way where they were like well we want you to keep your money in this operating account that's earning nothing. Yep. But like, yeah, we have a high interest product and then they make it inconvenient enough to move between the two.

So Ram's coming in with a, with a high yield, high liquidity, uh, or, you know, quick liquidity product. Um, and Ram, uh, I love, I love this copy. You guys legally, we can't call it free money, but you can. So, uh, go check it out, uh, you can. So go check it out. Go get some free money. And go get some free money. Yeah, so if you're on ramp

or your company's on ramp. I don't actually think we can, I don't think we can say that. Probably not. We also can't call it free money. But you can. You can. So yeah,

if your company's on ramp or you have a ramp card in your organization, tell them, check this feature out because it's fantastic. Big, big week for ramp generally. Did you see all the promotions will petries now the cfl yeah we're not really set up to use it yeah we we got to do a whole personnel news personnel news where we're

on the beach yeah like some type of like all weather gear like yelling at the mic yeah super bendy right now you can be like breaking news yeah uh but yeah i mean fantastic team over there and uh great to see the promotions go out uh let's go to low yield lucy i love this post this is so good flirt with a guy at the bar ask for his phone to put your number in open coinbase place a large limit order for a illiquid meme coin you're holding now you have volume to sell into i just i just showed that i thought that was doing so much money i mean that that that genuinely would work with with with a lot of sf guys so many sf guys new york guys miami guys definitely because if a girl comes up to you and says they have like

the next hot meme coin that's not what she's saying she's saying make the guy think that you're putting your phone number in and instead buy you the meme coin yeah that that this is i also think it would work to just be like you have to buy this like i probably stupid guess they're gonna want it the guys are gonna want to flex and be yeah yeah yeah just through 25k and exactly and then you go to the bathroom and you sell immediately buy Buy me a drink. No, buy drink coin. It's the lowest volume coin on pumped out fun right now. Yeah.

Ridiculous. Um, that's great. Uh, let's see if there's another good book bucket pull in here. Uh, this is a good one from max bow is sending factorio to your competitors. Engineers,

a cost effective means of sabotage. Uh, and it's a screenshot of you've received a gift copy of the game factorio on stream. So I don't know if you've played factorio. I never have. I've seen a little clips of it. It's like,

I mean, there's like a whole like age of empires. Then there's civilization craft, which is, yeah. Starcraft, you know, I think a game lasts like an hour,

uh, factorio. I think a game lasts like an hour. Factorio, I think it's like days and days and days building this insane, complicated factory. Highly addictive and highly loved by engineers. It became a big meme a while back. I can't get into that stuff anymore.

It's too much. We already did this one. Let's see what else we got here. It's too much. We already did this one. Let's see what else we got here. Okay. Oh, this is an interesting one here. Do you know anything about Quest Nutrition? So Tom Bilyeu posts, we turned $10,000 into a billion dollars in five years.

Here's what I learned from my journey to a billion dollar exit. And Max is questioning this by quote tweeting it and says, no idea what the non-arms length transaction was in the early days of Quest, but no CPG company was started with $10,000.

So he's kind of like... That's so not true though. Yeah. It's just like... I think it's possible to start a company with 10K. There's so many counter examples and ways.

I mean, even at Soylent, we had 170 from YC. And it's different. You can start a company with 10K. And then immediately raise more. Exactly. Yeah, you can just do a pitch. I don't like positioning it as like,

it's impossible to start a company with 10K. If you only have 10 grand to invest in a company, you know. PM die is gonna be 25k that's probably 10k by inflation yeah based on when when he started that company so i don't know i i i get the i get the point that like when people do those threads of like i turn 10k into a billion probably there's a little bit of fuzzing and exaggeration on either side. But I think it's direction. You've never needed less money to start. A hundred percent.

A hundred percent. Like you can use AI to generate product images. Yeah. Offer it as a pre-order. Yep. If you sell it, use your money to manufacture it. Go viral on TikTok or get one corporate deal. Even like beverage, which is the most capital intensive thing. If you're smart and you find the right co-packer manufacturer, you could get them to for 10 grand to manufacture like a pilot run.

For sure. Or amazing financing terms. And you could do some sort of crowdfunding campaign where you pre-sell the product. And then you're getting that cash up front because you're charging it on Stripe. So that reconciles in like three days. And then you have to pay your manufacturer for net 90 if they're cool like it's all just the art of the deal baby the art of the deal always has been um this is uh let's go to a rune one he says uh they're worried about ethnic nepotism when they should be worried about boys group chat

nepotism this is extremely real definitely i mean also i bet rune is in like a million group chats so he's like yeah people are adding him in just just of course and sure and then just being like hey uh can i get a repost yeah yeah yeah yeah that's the real group chat nepotism yeah notification on the timeline when you see something go out and it's the only thing we have 25 people retweeted this in the first three minutes what's going on here yeah yeah that's the group chat nepotism going on yeah the real alpha yeah what you got for me on the promoted side jordy i got a promoted post from none other than cohiba cigars fantastic shade above the rest cohiba connecticut story is one of breaking expectations where most people think of connecticut cigars as smooth but simple we've gone above and beyond to craft a cigar that breaks the mold so anyways a great looking picture

here fantastic um go grab uh if you're celebrating something um go grab a cohiba don't inhale just a couple inhale and don't do it often but it's a great it's a great excuse to get together with the the men of your family i have i have this family tradition have a beautiful i have this family tradition of any time any man in the family has a birthday or christmas or thanksgiving all the men in the family smoke cigars getting up there but but it's a great it's a great excuse to just like get all the guys together and just hang out and talk. And sometimes people don't even smoke them, but it's fine. And it's just like, it's an excuse to just go and do something with like all the guys in the family.

Yeah. It's just, yeah, it's, it's great. Uh, but yeah, I'm a, I'm a big, uh, believer in like the barbell strategy when it comes to nicotine consumption. It's like the, the cleanest tobacco free products most of the time. And then every once in a while, once a quarter, the pure tobacco. The one that you don't want to be doing daily. Yeah.

But it's good. Should we go to another post? Yeah. Let's talk about Davos. Let's talk about Davos. We turned it down this year. Yeah. By many.

But I think that next year we could make Davos cool again. I think that we have what it takes. It's too iconic. Yeah. It's too charged. it's a great opportunity yeah so let's go to wasteland capital he says davos is absolutely dead this year no one gives an f i'm not swearing anymore we got some feedback from a very important listener that uh using that this needs to be family friendly you need to be able to listen to technology brothers with your kids in the car this is a pro-natalism podcast and so the kids must be able to listen to the hot takes yeah supposedly imagine yeah like imagine if you listen to 10 hours a week of this show with your

kids you know in the car in the kitchen you know around the house they will be trained on some of the hottest takes in tech from such a young age that they will be earning potentially more money than you just from ex-payouts by the time they're 10 years old. Give them an iPad. There's only one app on it. Connect a Stripe account to their ex, and they will be putting bread. But they shouldn't need to develop a potty mouth for that.

Yeah, exactly. Supposedly, luxury call group, I immediately go into something when say ruder but it's not a bad word and it's a real thing and i think you know we we got to talk about it here uh so supposedly luxury call girl business promoting cigars promoting cigars cursing cohiba cigars talking about call call girls but we promise we will never swear because he was cigars those are age-gated. You're going to be 21 plus

to buy tobacco products in America. Anyone can start swearing, but not if you listen to this show. Yeah. Clean it up out there. Swearing is out. Timeline. Swearing is out.

It's dead. We even killed it. RIP. The last episode was the date that it died. Supposedly, the electro-car girl business is down 60% on last year vibes similar to the last meeting of

the Soviets in 1999 and 1991 German Chancellor Olaf Scholz addresses in half empty Congress Hall at the World Economic 20

World Economic Forum 25 in Davos my colleague even managed to secure a seat in the front row kind of threw his colleague under the

bus there his colleague wasn't already gonna be in the you know front row you should with that or or my colleagues and my colleague was placing my colleague was dumb enough to go to davos yeah yes yeah uh what that's that's i think we got to take it over i think we had to go and just make it on a barn burner speech yeah we have actually a made we're speaking on the main stage of a major technology conference i mean davos is the next one and then sun valley like yeah we got to manifest this so uh if your

dad runs davos tell them to hire us or if you're uh you know who's the guy behind it is it uh olaf schultz if you're listening give us a call yeah we need to do a hot takeover of the World Economic Forum let's go to Flo Crivello Altimore says I wouldn't be surprised if law firms had started seeing the impact of AI on their bottom lines

especially those serving startups I probably send 40% of the tasks I used to send to our lawyers to Claude now and only escalate the most important matters. I have no idea. We should talk to a lawyer and see if this is true. I think part of it is like law firms are cyclical, but there's such a ridiculous number of new company formation right now and massive investment that they're probably not seeing it yet right yep because a lot of these law firms too have these big staffing issues where yeah in 2023 they were

like letting go you know cutting 10 percent 10 percent uh they had way too many people yep and then this last year presumably like they've had the opposite problem of being understaffed. So I don't know. I don't know that there's that many big law firms that cater to startups specifically. It's usually like they have a huge corporate practice and then they have their startup arm on the side, like their division. And sometimes it can be very illustrious and very cool and it can be a profit center if they're taking equity and warrants and stuff. But in general, it seems like I don't think any of them are fully pegged to startups. Yeah.

And the interesting thing is this. I'm sure this will, like, I'm waiting for somebody, like, I haven't seen a rapper that is saying we are this, we are a consumer product specifically to generate corporate legal docs. I'm sure there's a bunch out there. Yeah, Harvey sells into law firms. They sell into law firms. So value capture and optimization is probably on the law firms. Yeah, so you can't think of the consumer version, Harvey, B2B, S&B version, but I'm sure they're out there. Yeah, there is a world where the law firm's getting 40% less inbound

inquiries, but of the 60% that they're still getting, those are higher margin now because they're able to leverage AI. And so that balance of where the value accrues is still... And there was always the... YC's had a bunch of different... They have financing docs on their website.

I'm sure they have other docs and there's always been templates available. But now it feels different when you generate it. Totally. I'm itching for another promoted post. I see you got some good stuff there. We got a promoted post for us. It's great.

Our friends at RM Sotheby's say, For sale, 2006 Mercedes-Bz slr mclaren edition this thing uh the golden age of amg yeah um this thing just looks uh incredible the the just like the entire front of this car is just so yeah iconic uh and it's it's funny because these cars these cars they they they pop they do fly under the radar yep still uh and so it's kind of a cool car for like a first date where you don't want your date to know that you're just yeah you know uh a deca millionaire and you just want to you want them to be like oh this is just a normal guy let's take the buttons he just yeah he's super nice guy like drives an old mercedes but like you know seems

to have a good job good head on his shoulders second doors were your car and his car second date aventador svj uh if you go the first one goes well bring out the svd yeah yeah but uh great first date car right here yeah that's fantastic didn't do well i think because uh isn't it isn't it an automatic i'm pretty sure there's like the pure something that the purest so it didn't pop like the career gt i mean it came out around the same time and the career gt and the and the f40 both went wild but this one kind of got left behind i mean mercedes they have that i mean now the mg1 is going to be a big one but yeah they've never they've never really had the halo it will never

be it will never be that culturally impactful because they're not making enough of them hmm like i think i think to have like for mercedes to be relevant in the sports car market totally yeah they need they need a 911 yeah and the g and the g2 is not do it no really that like it it costs i i would when i was like getting my last car i seriously considered the the gt yeah um i they denied my request for metallic brown at the factory in Germany. I like really wanted metallic Brown, black wheels, red, red calipers.

Okay. And they don't do any custom colors. Interesting. Even though I had a buying history with the dealership, they were just like, we're not doing colors. And I was like, okay,

I'm going to get a turbo. Yeah. Interesting. Um, well, we have a great post to end on. Michael says I'd rather get bucket pulled on the pod

than get into YC and I really want to get into YC well Michael we got some good news for you you didn't even get bucket pulled it's a certified banger certified banger 8.5 by 11 inch 8.5 by 11 inch paper for you

you're officially on the show you're getting the follow back from the official TB account thank you for writing in and a fantastic profile picture from office space classic movie good reference anyway uh the only word of advice michael use your full name use a real picture build the brand or if you're going to go full and on just make it quiet canadian up top quiet canadian below yeah that's just easier for all or nothing yeah and we'll and we should dictate the aesthetics of x it's a it's a i don't like the feeling of knowing someone's first name but not their last

name yeah rather just have one foot in one foot out are you in a non or not yeah pick a side because if i go on the link if i go to linkedin right now i'm like this guy wants to get into yc yep maybe he's a fit for pmf or die yep oh i'm gonna just search michael i feel like there's it's a few other people up there named michael uh but thanks for coming thanks for yeah thanks for coming on the show thanks for watching and please go and leave us five star reviews and don't forget to put a really long ad read if you if you put a review for the show and don't include an ad we're going to report it to oh and there's a new for the people that made it this far there's a new challenge for you we're thinking about retooling the reply guy of the week program to be the sales development reply guy of the week award yep and in order to win the sdr of the week

award uh in your replies we're going to encourage you to sell some ad space yeah so you know whatever you think if you just like the post oh this is good or you have something else to chime in with crying emoji fortunately x has no limit on characters now so you can you can say what you want you know We'll laugh. We'll like it. We might retweet it if it's a good reply. But then, tab, tab, tab, enter, enter, enter. Boom.

This reply is brought to you by my company. We are the best AI SDR company. Here, go here. Throw the link in there. Do whatever you want. Go wild with it. Go wild. Ads everywhere.

Yes, ads everywhere. So give it a try. Run too many ads. We look forward to. Go wild with it. Go wild. Ads everywhere. Yes. Ads everywhere. So give it a try. We look forward to seeing you on the timeline. Have a great day. Have a good evening. The end.