Altimeter Capital
also referred to as: altimeter
35 statements across 21 episodes · 17 bullish · 10 bearish · 1 people on the record · first statement Jan 25, 2024 by Brad Gerstner · said 46 times in 26 episodes since 2024 · across every show →
Mentions by year
brought up most by Brad Gerstner (38), Bill Gurley (4), Apoorv Agrawal (3), Gavin Baker (1)
tap a year for its mentions
2026 5 mentions in 1 episode
2025 19 mentions in 11 episodes 2 per episode
- Liberation Day, Tariffs, US v China Open Source, OpenAI, $CRWV, TikTok | BG2 · Bg2 Pod
- AI Enterprise - Databricks & Glean | BG2 Guest Interview · Bg2 Pod
- China, AI Immigration, Rare Earths & Chips, Tariffs, Markets | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- AI, Middle East, China, Tariffs, Recon Bill, Invest America | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- NVDA GTC, M&A Wiz / Goog $32 B Deal, April 2 Tariff Uncertainty; Huawei Belt & Road; ChatGPT | BG2 · Bg2 Pod
- Market Predictions, Rates & Inflation, DOGE, CES, AI Compute | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- Inside OpenAI Enterprise: Forward Deployed Engineering, GPT-5, and More | BG2 Guest Interview · Bg2 Pod
- China Open-Source, Compute Arms Race, Reordering Global Trade | BG2 w/ Bill Gurley and Brad Gerstner · Bg2 Pod
- 3 more episodes that year, every mention in 2025 →
2024 22 mentions in 14 episodes 2 per episode
- Ep16. Nuclear Update, AI Fast & Furious, State of VC | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- Ep10. Pre-IPO Market, AI Hype Cycle, Is Software Dead? | BG2 with Bill Gurley & Brad Gerstner · Bg2 Pod
- BG2 with Bill Gurley & Brad Gerstner | MANG VC Gone Wild, Can You Trust AI Valuations? & More | E01 · Bg2 Pod
- Ep20. AI Scaling Laws, DOGE, FSD 13, Trump Markets | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- Ep5. Stock Comp, AI Cold War, Valuations for LLM | BG2 with Bill Gurley, Brad Gerstner, & Bob Mylod · Bg2 Pod
- AI Semiconductor Landscape feat. Dylan Patel | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- Ep19. State of Venture, AI Scaling, Elections | BG2 w/ Bill Gurley, Brad Gerstner, & Jamin Ball · Bg2 Pod
- Ep18. Jensen Recap - Competitive Moat, X.AI, Smart Assistant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
- 6 more episodes that year, every mention in 2024 →
Everything said about Altimeter Capital, oldest first
Jan 25, 2024 neutral
Jan 25, 2024 bullish
Feb 22, 2024 bullish
Gerstner: AI will hit a disillusionment phase, creating a buying opportunity
“We're going to hit a zone of disillusionment where you have a mismatch between supply and demand, and then all the skeptics are going to say, I told you so. The internet's a fad. AI's a fad. Mobile's a fad. It happens in every super cycle. We're going to use t…”
Mar 21, 2024 negative
Apr 4, 2024 neutral
Apr 18, 2024 bullish
Apr 18, 2024 bullish
May 16, 2024 bearish
May 16, 2024 bearish
Gerstner: Altimeter's list of potentially disrupted companies is longest ever
“As an investment firm, as you know, that on the public side, you know, we look at who's going to be disrupted. I think it, you know, this is the list of companies that we have that are potentially disrupted. Is as long as it's ever been, you know, we've, we're…”
Jun 22, 2024 positive
Jul 11, 2024 neutral
Gerstner: Altimeter Cut Its Peak 70% Big Tech Allocation by Half
“Well, first to say we own them all. Okay. And you know, the second thing I would say is Altimeter's peak exposure to these names was about 70% over the course of the last 12 months. So we had 70% of our dollars at one point in time in these names. Remember, at…”
Aug 9, 2024 bearish
Gerstner: Altimeter cut directional market exposure from 9 to 3 units of risk
“So we had much lower units of risk. What's that mean? It means we sell some of our longs, or we put edges on, or we add to our short positions so that our net exposure directionally to the market, right, is three units of risk, not the nine units of risk that …”
Aug 9, 2024 bearish
Gerstner: Altimeter passed on Character.ai due to unsustainable CapEx requirements
“I would say that we looked at both inflection and character. We really liked what we saw at character. We wanted to be involved in it, but it was really hard to underwrite it for exactly this reason. We said the most likely outcome is that they're going to be …”
Sep 25, 2024 bullish
Sep 25, 2024
Sep 25, 2024 neutral
Gerstner: Altimeter pushed to sell Lacework despite having hundreds of millions remaining
“We had a company that wasn't performing at the levels that you know, it previously had been. It had been priced at many billions of dollars in, you know, at the peak of Zurb in 20, 21, a company called Lacework. And we ultimately, you know, we pushed to sell t…”
Oct 13, 2024 bullish
Oct 31, 2024
Nov 21, 2024 bearish
Gerstner: Altimeter shorted Target over tariff fears and weak discretionary consumer spending
“On the one hand, we were short a little bit of target because we're worried about tariffs and we're worried about the retail consumer holding up, especially around You know, these highly levered consumers when it comes to housewares and things that Target has …”
Jan 23, 2025 bearish
Mar 2, 2025 bearish
Mar 21, 2025 negative
Gerstner: Altimeter Lost Money Investing in Cloud Security Startup Lacework
“Altimeter was an investor
with Sutter Hill in a company called Lacework.
Right.
Right.
And it was competing in a very, very similar space.
This was the thesis of Lacework.
Lacework raised a lot of money, too much money, I would argue, you know, at the ti…”
Mar 21, 2025 bullish
Gerstner: Investment Banks Are Actively Gauging Buy-Side Interest for Upcoming Tech IPOs
“I'm on the buy side. So when Goldman or Morgan Stanley want to sell one of these things, our phone rings. And they want to check market conditions. They want to check what we're thinking, you know, and then eventually you know, the roadshow occurs, et cetera. …”
Apr 4, 2025 neutral
Apr 4, 2025 bullish
Apr 4, 2025 bullish
Apr 4, 2025 bullish
Apr 24, 2025 bullish
Gerstner: Altimeter is leaning back into markets on major down days
“I think from an altimeter perspective, we were pretty cautious, and now we're looking at, again, leaning back into markets on some of these down days where it's big risk off, because I think ultimately the president is going to make deals, you know, Besant is …”
Apr 24, 2025 neutral
Gerstner: Altimeter held very little directional long market risk recently
“I said at the end of January, early February, when you and I did the pot, I said, we've taken down our units of risk because there's just more uncertainty in the world. Discount rates need to come up. Multiples are coming down. And we did. And I would say over…”
Apr 24, 2025 bearish
May 22, 2025 positive
Jul 31, 2025 bullish
Jul 31, 2025 bullish
Jun 11, 2026 bullish