Perplexity

“This product has no upper bound, honestly. Because it's upper bounded by the number of people on the planet multiplied by each individual's curiosity and Curiosity has no upper bound either, right? So therefore by mathematically the Tam of perplexity has no up…”

“I think that's very fair use of other people's content. We're not stealing it. We're actually, like, just being a middleman between them and the end reader, and we're giving them more visibility, right?”

“There's number one skill is number one skill that actually is a bottleneck for these products to really take off is stability to ask good questions.”

“We perplexity is not trying to be creating a trillion dollar economy On top of ads or on top of all the searches that we get and trying to take all of it and not give away much to others. Like nobody won, only Google won in the past era where, you know, the te…”

“There is like a new segment of searches that these products like perplexity or ChatGPT are creating, which is like, you know, making people actually ask well-informed questions because we were not asking questions until now. We were just entering keywords. Lik…”

“Our sense is also that the value of a link click on perplexity will be more than on Google. You know, your pitch has to be a way higher intent to still leave the site and go.”

“It's not that they cannot build a product perplexity. They can very easily do that literally today. Like they probably already have something internally like that, but they cannot roll it out to every Google user.”

“There was one amazing candidate that I tried to recruit from Google. This candidate used to work in the, I mean, he still works there, in the Google search team. Like, it's not one of the AI people. And the moment he told them that he's gonna join us, they qua…”

“I think that search is going to be, continue to be a way that we use web navigation and AI search like perplexity will be more to satisfy curiosity. And engage with different topics.”

“This is clearly whether it's Bing, Or ChatGPT standalone or perplexity standalone with hitting all the databases they're hitting or now Apple and Google and how they're going to do it. They're all going to be doing that the same way. And so for some queries, i…”

“Perplexity is when I'm watching a movie, a sports game of any sort, like, it just is so good in just giving you quick information in a really nice format with Additional links to keep exploring in questions that I think for that, like, and which makes me think…”

“They're kind of commodities at this point. You know, Google has Gemini, there's ChatGPT, there's u.com, there's Perplexity, there's Copilot, there's all these things, you know, they're just on your phone, you're just talking to the, basically the same data set…”

“So perplexity announced a partnership with PayPal. We've talked about this a lot and perplexity has done a lot with shopping and they'll let you ask a question. They'll show you a bunch of potential results. Now with PayPal, you can check out directly, handle …”

“Now perplexity is out raising 14 at a fourteen billion dollar valuation right now.”

“Apple has a negligible share of the search market, and perplexity has a negligible share of the search market. Deal will sail through.”

“And perplexity is also right now in talks for a wide ranging deal to integrate its technology into Samsung devices.”

“This is why I've been jumping up and down on the table for them to acquire perplexity would be the biggest acquisition in their history by far.”

“He told me that Apple and perplexity haven't had no MNA discussions.”

“So we really like things like perplexity for scraping and web search. We like Claude for mathematics. We're looking at something from Google called notebook LM right now to pull together massive language structures and to deliver an entire, entire audio file o…”

“Well, first of all, they're an insanely badly run company. They did, like, thirty-five million. They lost, I forget exactly how much they lost, but they did refunds or discounts of, like, thirty million dollars. They're literally giving money away to make peop…”

“Perplexity hasn't. They wanted 50 dollars a CPM!”

“The agentic stuff flips the everything store completely on its head, because instead of the everything store, you just type one more query in, and now the entire web is the everything store inside of the Comet browser.”

“I don't think it'll be apple for the reasons that we've talked about. I think that apple kicked those tires and decided not to go down that path.”

“I'm much less bullish on perplexity than I was. I just think that like their functionality is just going to be swallowed up by the Geminis and the chat GPTs of the world.”

“I think the most likely one is Samsung for the obvious reasons that they have a big partnership with them”

“I think it's done. I mean, I don't see how it really serves a purpose outside of you know, Different than what you could do with Gemini or Chachi.”

“Daily active user growth across all AI, AI apps. So that includes perplexity and Claude and the Gemini's of the world. ChatGPT, growth is not just tailing off, it's down. So you can see that, you know, while like the space is growing overall the growth is, is …”

“They aggressively petition us to use their models. They want, they give us early access. They want us to run evals. And so we have, you know, the exact opposite dynamic right now where they're, you know, more than happy to take revenue from us.”

“We have people on our content team that submit pull requests, basically ship You know, code that goes live into production without engineers being in the loop. And that's all being run through Perplexity Computer.”

“When a core value prop of perplexity is accuracy it's really hard to reinforce that to users when you also have ads running alongside the answer.”

“As we've increased our ARR by five X, you know, from a hundred million to five hundred million, we only grew a head count 34%.”

“So we at Perplexity, we've never subsidized paying users. So if you're on a, you know, pro or max plan you know, we're, thank you, you're contributing to our success.”

“We never Integrate into perplexity any product that, or API that is hosted in China. We have ourselves post-trained. We have post-trained open source models. That, that come that are developed by Chinese labs. We run those in US data centers. We post-train the…”

“So we actually are launching this week, 36 different workflows that go on top of computer.”

“AI is going to become a lot like Costco where you pay for the membership, right? And that gets you in the store. And that's actually the part of Costco's business that is, you know, the highest margin. And then you have, you know, everything you're buying in t…”

“From the perplexity point of view, like we don't have strong opinions on the data center build out, but there's nothing I see that indicates that that is, you know, a bubble or anything like that.”

“We have a great blossoming partnership with Apple. They actually are really excited about what we're doing with personal computer and how it uses Mac minis.”

“The longer people have had access to computer. I mean, this stuff is still brand new, but they're using it consuming more computer credits every week. Than the previous week, right? So we're actually just in, in the extreme upward part of the ramp. That's a bi…”