Commodity Business
topic on 2 shows · 2 statements across 2 episodes
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2 statements about Commodity Business, every show
Sam Lessin calls frontier AI a commodity business trading at software multiples
“The infrastructure is worth not zero. It is infrastructure like you're on something in it. Right. But like it is it's a commodity business. Right. And it's a great one. I really enjoy it, but it's definitely like commodity business with tech multiples.”