Peter

“And we contacted Peter and we said, Hey, you know, all of the videos engineers are your engineers. That's what I told Peter. You've got this battleship outside your house. You know, break down the problem as you desire, and we'll contribute as you wish.”

“The one argument I'll fight back with is this is going to burn a lot of tokens, and if you don't believe me, all you have to do is look at Peter's tweet, where in one month he burnt 1.3 million dollars worth of tokens.”

“You know, my more important arc in this is I think you have to build a company on undiscovered talent. Like I don't think you really want to compete for the people that everybody else wants. Right. And, you know, I learned this at PayPal. Peter taught me this …”

“Matty and Peter literally want to build a bigger company than Google.”

“I just, I don't think it's that much of a trend. Like, yeah, Peter, Trey, but they've been, you know, prominent Christians for a long time. No one's really talking about Pat Gelsinger, and then yeah, you got Augustus, but beyond that, It's not that big of a de…”

“Run the counterfactual where Peter or Elon is running PayPal. It's a FinTech giant worth a trillion dollars, like no doubt.”

“Peter is very much like people first. Bill is very much, I would say like market first. And like, and that's, it's just a different, it's a different mental model and looking at these things.”

“It was Peter and Brian Zingerman and Napoleon that took what did they take? I think they sold Spotify at the eight billion dollar price, pissed off, what's his name? Daniel. Daniel Ek, and rolled it all into Airbnb at the two and a half billion.”

“And then finally we came up with the idea. We'll flip a coin. If it's heads, It's salon. If it's sales, it is actually a restaurant, and we swore to each other we won't put our hands behind our back, cross our fingers, none of that, be really fully committed, …”

“What you're describing is as Peter described the power law venture, where there can be a series, a, an exceptional company that is raising money at 30 to forty million dollars, which I think is probably the Middle of the road series a right now and a billion d…”

“COVID hits, you know, Peter at Founders Fund basically tells us, you know, go on a six month vacation. We're not going to be deploying any capital.”

“It's sort of two thirds, one third.”

“Peter ended up investing half a million dollars for like, 10% of the company.”