Microsoft
includes Microsoft Excel, Microsoft Copilot, Microsoft Windows, Microsoft Azure, Microsoft Teams, Microsoft Office, Microsoft SQL Server, Microsoft Access, Microsoft BASIC, Microsoft Flight Simulator, Microsoft Outlook, Microsoft PowerPoint and 4 more
20 statements across 5 episodes · 12 bullish · 1 bearish · 4 people on the record · first statement Nov 4, 2025 by John Collison · said 155 times in 11 episodes since 2025 · across every show →
Mentions by year, the whole family
brought up most by John Collison (84), Satya Nadella (39), Marc Andreessen (8), Ben Thompson (8), Bret Taylor (6), Charlie Songhurst (3), Casey Handmer (2), Sundar Pichai (1)
tap a year for its mentions
2026 24 mentions in 5 episodes 5 per episode
- Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
- Bret Taylor of Sierra on AI agents, outcome-based pricing, and the OpenAI board
- Stripe’s 2025 annual letter
- The history and future of AI at Google, with Sundar Pichai
- Compliance at scale and why TAM is a distraction with Christina Cacioppo of Vanta
- every mention in 2026, scene by scene →
2025 131 mentions in 6 episodes 22 per episode
- Satya Nadella describes how lessons from Microsoft’s history apply to today’s boom
- Marc Andreessen and Charlie Songhurst on the past, present, and future of Silicon Valley
- Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy)
- Casey Handmer of Terraform Industries on solar maximalism, hard tech, and reclaiming the Salton Sea
- Julia DeWahl of Antares on building nuclear reactors for the US military
- Dan Sundheim of D1 Capital on the art of public market investing
- every mention in 2025, scene by scene →
Everything said about Microsoft, oldest first
Nov 4, 2025 positive
Collison: Infrastructure layers must remain unbundled to maximize market share
“If you're serious about all these layers of the stack, you can't bind them all together because just like there's no way you're going to get that much. You know, if Microsoft is serious about the office suite, they're going to have it run on Mac and Windows be…”
Nov 18, 2025 neutral
Nadella: AI front doors will remain highly competitive among major tech firms
“Because the good news here is there is going to be multiple. I mean, obviously, ChatGPT is the big one, but there's going to be, I mean, you know, Google's going to be there. We're going to be there. Meta will be there. Perplexity. There's going to be a lot of…”
Nov 18, 2025 bullish
Nov 18, 2025 positive
Nadella: Microsoft is developing 'NL Web' for AI to query merchant catalogs
“We have a project called the NL web and the idea is that, right, which is to really take every catalog of every merchant and give it like essentially a website an NL web interface. That then, An agent can talk to be able to interrogate and get the deep search,…”
Nov 18, 2025 bullish
Nadella: Future IDEs will act as heads-up displays to steer agent swarms
“So the IDE, I think, in fact, one of the most exciting things is new classes of highly refined IDEs that have even a sort of a telemetry loop with the intelligence layer, but also they kind of act more like heads up displays, right? I have thousands of agents …”
Nov 18, 2025 positive
Nadella: Microsoft's AI layers must succeed on their own independent merits
“We have an infra business, we have an app server business, and we have an apps business. Just simplifying. I want those three things to stand for them, their own, on their own merits. We ourselves, of course, want to have the feedback loop across these three l…”
Nov 18, 2025 neutral
Nov 18, 2025 neutral
Nov 18, 2025 bullish
Nadella: AI infrastructure has immediate demand unlike dot-com dark fiber
“The infrastructure itself that's getting laid out. I think it's got a lot more more immediate. Like, it's not like even the, you know, the gestation period of, okay, I built up, you know, dark fiber, which, and, you know, some internet company will first scale…”
Nov 18, 2025 positive
Nadella: Microsoft bought GitHub to stay in the startup feedback loop
“That's what sort of led me even to GitHub and Nat and all of the rest which is to some degree, the GitHub asset, right? Obviously, it is a great asset. We needed to, one, be good stewards of an open source ecosystem. But it also the place where every startup, …”
Nov 18, 2025 neutral
Nov 18, 2025 neutral
Nadella: Powered shells and permits are the primary AI data center bottleneck
“Powered up shells, right? So if I don't have enough shells that are powered, that I can then roll in my racks and then make them operational. And that's the long lead part, right? Which is you kind of have to have the land permits, the power permits, get all t…”
Nov 18, 2025 positive
Nadella: Bill Gates founded Microsoft as an agnostic 'software factory'
“In fact, the concept that Bill had when he started Microsoft was, it's a software factory. I'm not in love with any one category. I'm just going to build the best software factory and it's going to churn out whatever, flight sim. You want, you know, a basic in…”
Nov 18, 2025 neutral
Nadella: Early Microsoft doubted TCP/IP would work over quality-of-service concerns
“Remember, the quality, like, I don't think we believed that TCP IP would work. Right. I mean, at some level, the information highway when I look at what we were trying to do was, man, this quality of service is a thing, this TCP IP, what, it just is not going …”
Nov 18, 2025
Nadella: CEO meetings are either passive convening or active decision-making
“As a CEO, one of the things I've recognized is there are two types of meetings, right? One meeting is where I'm just supposed to convene and, you know, keep my mouth shut, because convening was the real thing, right? It is like, don't overperform, just sit and…”
Nov 18, 2025 bullish
Nadella: Microsoft has zero AI utilization issues; capacity is sold out
“I don't have a utilization problem. I may have a PUE, like, I mean, I want higher utilization because it's mostly because it's memory bottleneck or what have you, but that is a different, I mean, like, there is not a thing that I have that's not sold out. In f…”
Nov 18, 2025 positive
Nadella: Microsoft focuses horizontal Copilots on knowledge work, coding, and security
“We will definitely want to build our own, I'll call it, systems of intelligence or AI systems, that is the family of co-pilot, right? Whether it's for information work, that's kind of what we've done for coding or software development, that's the GitHub co-pil…”
Nov 25, 2025 bullish
Feb 12, 2026 negative
Ben Thompson: Apple builds great products but is a terrible platform steward
“The reality is when it comes to platforms, you have to build, the price of becoming a platform is making a great product. So Apple gets platforms so they make great products, and they're terrible stewards of the platforms. Microsoft is a great platform steward…”
Feb 24, 2026 positive
Collison: Microsoft routes more payment volume to Stripe after auth rate gains
“Between June and October, Stripe delivered a meaningful increase in authorization rates for Microsoft using a combination of adaptive acceptance, card account updater, network tokens, and more. As a result, Microsoft is now routing a larger share of its paymen…”