The Ledger, every show

“And recently Block executed a roughly 40% reduction in force. And they've been pretty candid about AI being a critical component of that decision.”

“Is that wedge product alone defensible? I would argue no, right? Today, it feels like magic to the providers that they're working with, but I think that capability is going to become commoditized over time. They may have an advantage because they've trained a …”

“Certainly one of our core theses at ASICS and Z has been that every company is going to become a fintech company. And Julie and I have been riffing that, you know, Either every healthcare company is already a fintech company or is certainly going to become a f…”

“We are on the precipice of some of the largest IPOs ever.”

“Eve hasn't had to have an outbound motion, which is kind of insane, given, you know, the scale with which they're operating.”

“It's making the enterprise sort of sales cycles, you know, for many of even our early stage companies happen a lot faster than I've seen in, in, you know, my experience, you know, investing in this space.”

“Founders today are often younger and more technical than we've seen in, in prior generations. You know, and so they're less often native to the particular industry, but they're fluent in the tool set.”

“Many of these incumbents aren't going to evolve.”

“Half of Americans, you know, carry medical debt today.”

“By the way, they get paid three to five percent just for that, right, for delivering that technology and improving efficiency, which historically has been a very manual, you know, process for a lot of these providers with, you know, a couple of folks in the ba…”

“But I think in instances where AI is actually reinforcing the business model in driving revenue, there's really no limit to the amount that customers may want to adopt that technology. And so the market pull in examples like that are just, you know, so much st…”

“But I think what's, what they found, which is so remarkable, is that the voice agents are actually driving better collection rates, right? So it's not just a cost reduction story. It's actually delivering, you know, better outcomes, you know, for their end cus…”

“Ultimately by being able to process Cases, again, from intake all the way to outcomes, that outcomes data is not public, right? That is not a source of information that, you know, model companies and labs can actually train on and, you know, on the public inte…”

“Like 25% of all venture dollars in that period went into fintech.”

“Many of these institutions are beginning to adopt products like Cursor or, you know, even GitHub Copilot or a broader ecosystem of kind of AI products in their employee base, and people are seeing the productivity gains.”

“If you're a wealth management client of JP Morgan today, you know, building a bond ladder is still a manual process. You're picking, you know, individual securities one by one.”

“The marginal cost of producing software is, you know, declining asymptotically towards zero”

“We have a company, you know, it's an example called Tenor that is doing this in a healthcare context. So, you know, the problem that they're solving specifically is is around patient referrals. So you go to your general practitioner, they're referring you to a…”

“20% of them don't believe they'll ever be able to pay it off.”

“Robinhood, Mercury, many of these companies are generating very significant percentages of their revenue and profits today from deposit flows as rates have gone up.”

“Goldman had literally created their own email client. Like they didn't operate on Outlook or on Gmail. They had this thing called Orbit.”