big companies

“The ideas that we can fund are the ideas that look like bad ideas, right? They're the ideas that just look silly or stupid, specifically to the big companies.”

“Most big companies are terrible partners. They don't understand how to pilot things. They don't understand how to work with startups in a way that don't kill them. They spend way too much time on contract negotiations, and they just, they're unreliable.”

“Right, which is, for startups, a super interesting point, because it means, like, if you take the lead from the big companies in what to do, you'll see that all of them, they have the resources to, like, do everything five times.”

“I feel like that's always where big companies fall down, is they think they need an MBA running a P&L for something”

“I can tell you that big companies that really want an asset, that really want to show commitment to that program, will fly, you know, a big portion of their executive committee out in final negotiations to say, hey we're committed.”

“So, like, a lot of these companies, I think, are going to, like, really dramatically restructure over the course of the next five years.”

“On the AI front, the big companies are using AI now to stop consumers even outside of Do Not Pay.”

“And the interesting thing is big companies make the wrong potential bet. 90% of the time.”

“If there's no fundamental change in technology, it's very hard to make startups work because the big companies just end up doing everything.”

“And a lot of big companies are going to be so terrified. They're just going to freeze and not do anything. And then people are going to actually start buying it on their own.”