“I guess, by the way, those apps had inherent virality, as you know. I mean, you're kind of the expert of that. This doesn't. This has no virality to it.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Thomas Laffont
AssertionSupported
Laffont: Anthropic grew from $1B to $3B in revenue within five months
“We've seen Anthropic, we have data in here that I think it took him about a year to get to their first billion in revenue.
It took him three months to get to the next billion, and then it took him two months to get to the one
The next billion after that, right…”
Thomas LaffontJun 20, 2025▶ 41:39Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
AssertionPartly supported
Thomas Laffont: AppLovin doubled revenue while cutting headcount over 35%
“At the same time as AI comes in, now the company's lean and mean, innovates, outcompetes companies like Google and Meta, doubles the size of the company as the employee count is down over 35%.”
Thomas LaffontJun 20, 2025▶ 49:22Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
AssertionNot checkable as stated
Laffont: Mag 7 was flat year-over-year while top AI companies gained value
“So it was interesting seeing that we think that on average, the max seven of us was basically flat year over year and yet tremendous value accretion to the top AI companies, right? Whether it's open AI or Anthropic or all kind of the following companies.”
Thomas LaffontJun 20, 2025▶ 6:52Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
Insight
Thomas Laffont: Public market institutions avoid assets with 70–80% downside risk
“One of my biggest lessons looking at private market investors versus public market investors is the appetite for institutions in the public market for assets that are perceived to have significant downside, i.e., like, 70 or 80% that are marked to market, I ha…”
Thomas LaffontJun 20, 2025▶ 11:30Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
Insight
Laffont: Profitable companies growing over 25% should prepare for an IPO
“So our advice being to entrepreneurs that if you are growing over 25%, you are profitable. Time to think about whether you should be public. But that doesn't necessarily mean going public. As you well know, there's a difference between being IPO ready and goin…”
Thomas LaffontJun 20, 2025▶ 54:49Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
AssertionSupported
Laffont: The 2021 IPO cohort is down 50% five years later
“One of the data points that shocked me re-looking at this is that the twenty-twenty-one cohort
Within one year of going IPO was down 40%, and five years later is down 50%.”
Thomas LaffontJun 20, 2025▶ 37:16Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2 · Bg2 Pod
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