Tech Sector

“Tech is now the largest piece of the high yield bond market. It's now the largest piece outside of financial services of the high of the, Investment grade, bond market, so in terms of new issuance”

“Tech may be the early, early beneficiary, but I will note everybody in tech right now is losing money in it.”

“We're investing Outside of tech into companies that have you know, some great, well, first of all, it also comes back to the management because we can't really just look at a product or a technology and say, oh, this is going to be it forever. So we really loo…”

“When Israel reduced its deficit in the nineties, it actually unlocked a lot of capital. That then went into the tech sector and made it into the startup nation.”

“I think actually we could end up in the weird quadrant of it's not as impactful in the short term as we think, but because we've confessed to the crime, we're going to take the heat when generalize, because every, every CEO, as you pointed out earlier, can go,…”

“It's definitely much more aggressive than it's ever been in history but only in tech.”

“I think pretty soon it's just like, we're just gonna talk, it's gonna just be back to being tech. It's like, everything's gonna be AI if it's whatever. And we'll get back to the normal classifications of, Tech and non-tech, right?”

“I don't think MAGA can exist successfully without the tech alignment. I don't think tech can exist without MAGA because of the government alignment and the importance of the government allowing these new technologies like AI to come to market and to proliferat…”

“I guess what I'm convinced of, because of the fact that 19, the last 20 times when the market did recover tech work, because semis have sold off so much, and because they ultimately are growing faster relative to the economy than they did previously, that semi…”

“I believe, conversely, that if you're going to buy a house, you can learn more about that house in the course of A couple of weeks or a month, then the best experts will know about the tech sector.”

“And often you'll get these marketers say, look, can we really differentiate on product? Because people can just copy our product. Eventually everyone will just catch up to us, and all the products will be exactly the same. And if you're in tech, that is nonsen…”

“There are far more hiring going on in tech even today than layoffs.”

“Government sector, and in particular, the nonprofit sector is filled with well-intentioned, hardworking people, but often are trapped in Infrastructure and ecosystem that has been built and most importantly, the bureaucracy that is surrounding them and they ca…”

“I tweeted today about the absolute, ah, grift that was going on in tech not long ago, ah, which was call out a company, venture firm, whatever it is, for their DEI stats. Then quietly contact them after you've done this brigadooning of them and say, hey, we ca…”

“It is much easier for you to get a promo. It is much easier for you to look good if you're willing to do those things, because the average now is, is truly going into this like, you know, 40 hour week kind of thing.”

“I think she is absolutely doing Biden's bidding. With an anti-tech, anti-wealth creation, anti-capitalism, frankly, pro-union punishment. I think this is punishment for tech being too successful.”

“The fundamental competitive threat comes from something that sits outside the market definition.”

“The exact magnitude of how well you do, I think is ultimately, it is substantially affected by timing.”

“I think we've done too much in tech the last 10 years where they, if they define tech as the software and optimizing things and having all these smart people getting really good at building software as a service. Whereas we actually need to be building things …”

“All the talent gets attracted and comes into the space when there's bull markets, but they don't leave when there are bear markets. It's a one-way function from traditional finance and from tech into crypto, and that is one of the best data points that you can…”

“If that, if there was a healthy business before, it's the healthy business now. So I don't equate the current crisis to those two big ones.”

“So you see this, you know, this dislocation in the market is not a climate tech dislocation. It's a it's candidly going from, like, risk on to seeing a lot of those, you know, risk on bets pull back. I mean, you're seeing it hit Everything from, you know, our …”

“And so I think over the next 12 months or 20, 22, I think we're going to see some really bubbly valuations that we've had start to contract down again.”

“You will see regulation. You will see some pushback because tech does not benefit all. It does not benefit all. It is more concentrated than almost any form of innovation we have seen before, so that needs to be dealt with.”

“According to Cambridge associates, it's averaged a 22% IRR for 15 years, never negative vintage and half the volatility of tech.”

“But I personally have found the tech sector to overall be relatively welcoming, especially if you have, you know, really strong technical skills, which are needed right now.”

“Everyone knows this is a super tight market, and in that type of world, you have to think there's gotta be some more regulatory mechanism here to balance things out. And really just, I think means that price has not risen enough to drive enough of the supply. …”

“There's a whole new establishment that's been created, and I would argue it's a new establishment that has replicated the old establishment to a degree that those of us that were quite early into the dot-com boom and then bust here in the UK are properly surpr…”

“Claims that we're in a bubble today make total sense. People are traumatized by the fact that the last time it looked like this stuff was going to work, it all didn't work and it crashed. And so we're all psychically scarred. But now this stuff is actually wor…”

“There weren't a thousand other examples where there's enough training data to train models to understand what success looks like. There might be two or four. That's a reason why I really struggle to understand how this could be successful in tech, but in other…”

“Rates of productivity growth have been down outside of the tech sector.”

“A bubble is when the only reason something is higher today is because it was higher yesterday, right? It's pure, it's purely a price-driven phenomenon. Right now, we're buying these things because we think everybody in the world is going to use them. And becau…”