Oracle

“Pretty much every enterprise software company is a relational database, but nobody looks at CRM or Salesforce or SuccessFactors and says, well, that won't work because Oracle has all the database.”

“There's a whole set of companies in the Nasdaq 100 that are actually bets against technological innovation. So Microsoft is a bet that there will never be anything like Linux. It's a bet that there will be that the operating system won't shift to mobile platfo…”

“We did a number of strategic investments at Oracle, and, you know, I think the way the mechanisms that we use to keep our competitors at bay with our, with the companies that we're investing in are mechanisms like, you know, board seats, or we'll ask them to p…”

“If you look at, ah, the corporate development teams on the enterprise side, and so I'm talking about Oracle, and Cisco, and VMware, and those kind of companies, they tend to be more M&A execution focused, ah, and so you hear a lot of times, you know, CorpDev p…”

“So, 10 years ago, everyone would look at Fidelity and Morgan Stanley, and those were the prototypes for the data center. And it was, guess what? It was EMC storage, an Oracle database, a Sun Microsystems server, and a Cisco switch. And the entire world copied …”

“The arrival of the internet coupled with companies like SAP and PeopleSoft and Oracle and IBM who are re-engineering the white-collar clerk class inside, ah, corporations has caused this, you know, the evaporation of, the hollowing out of modern corporations.”

“The companies coming out of there are way, way different than what I found, you know, from people coming out of, let's say, Oracle or Cisco.”

“No, so of those 12, so of those 12, nine are U.S. Multinational tech companies. Oracle, IBM, Google, Yahoo, Adobe, Facebook, Microsoft, and Symantec. Then of the other three full voting members, one is the German software company SAP, another is the Chinese te…”

“That's been great for Node.js, though. It's just another reason not to use Java, I guess.”

“So what buyers are trying to escape from, and one reason they want open source as a Protective measure, even if they don't use it, is the right to keep using their software without paying more and more for it every year. Companies like Oracle have been out the…”

“If you had not had the idea when you had it, The internet as we know it probably doesn't happen in that the kind of Microsoft alternative, the Oracle alternative would have had an opportunity to gain a network effect. And so the chance of all this getting buil…”

“In 2012, 2013, no engineer coming out of school was really excited to go work on Oracle. And so using MongoDB was actually a huge win for some of these sort of older enterprises. Where developers were like, oh, I can go work at this real company, make real mon…”

“Azure is like losing a lot of share to Oracle and CoreWeave and Google and so on and so forth, right?”

“With OpenAI, it's not, and so there's gotta be some, like, error bars as you go further out in terms of, like, Will OpenAI exist in 28, 29 30, and will they be able to pay the 80 plus billion dollars a year that they've signed up to Oracle with, right?”

“Oracle doesn't build their own data centers either, right? By the way, they get them from other companies. They co-engineer but they don't, Physically build them themselves.”

“The GPUs they purchase one to two quarters before they start renting them. So they, they're not, you know, the downside risk is pretty low for them in terms of If they don't get the deal, well, they don't get the revenue, but they're not, it's not like they ha…”

“They're unbundling chat GPT, just as the enterprise software company of 10 years ago was unbundling Oracle or Google or Excel.”

“They're going to go cashflow negative for many years to come.”