startup

“And it's impossible for me to think that there won't be a bunch of new, incredible startups that come out of this.”

“Which is, if you're watching this curve, you probably should be building software for what is going to exist in three years from now, as opposed to today, because you don't want to be building software that sort of assumes that the tokens are expensive, and th…”

“AI as an example, this is, you know, three to five years out for this idea, but like if AI can basically do the things you know, that, that are usually those first steps to just getting started with the business. That, that I didn't have access to before becau…”

“Investment has a limited liability, meaning that you just put in money, and the worst case scenario, you lose the money. So from the customer's perspective, okay, you have an investor, large investor, that's good for you if you are a startup, but that doesn't …”

“Most of the partnerships we get into with the startups, it comes to the revenue sharing. So whatever we do together they get a cut, we get a cut. So that's how usually it's structured. I mean, some startups prefer straightforward licensing. We are happy to dis…”

“We have a very specific investment philosophy. We invest into startups only when we know we're going to work with them. It's not like we invest in them and then try to figure out what to do with them.”

“We jointly create the business. LG creates our own business, which we call ourselves a NewCo or CMBU, and startups become part of it, becomes the integral part of the business. So when it go to the big customers, we don't just go to go there as a startup. We g…”

“The companies that new startups are coming in previously maybe took 10 people to start a company, decent you know, ramp up. Now they can do it, you know, one person or two. Basically that's because it makes easier for startups to do what they did using enterpr…”

“Up and coming startups that are built completely from the ground up on these kinds of technologies are going to just do stuff way faster, like much more efficiently, probably better for the end consumer as well. So any kind of incumbent has to rethink the way …”

“We've had startups start on Replit. Multi-million dollar revenue run rate. Some of them have raised at like half a billion dollar valuation.”

“Many of these use cases require so many painful integrations that often into like old clunky legacy software that you have to go build, and maybe you'll argue that cloud code will vibe code its own integrations down the line, but at least right now, it's been …”

“They have this new approach with startups where they're like, all right, if you want GPUs, we'll take a chunk of your company and we'll deliver the hardware.”