software

“You're looking at what is your DCF. You're pulling the cash out. And if it goes to zero, right there built, you know, there's built to last. There's for, there's a cycle in the company where it's built to dot. Right. And you're just like this product is done. …”

“In our letter, I said, like, there are going to be a lot of shorts, some longs because of AI. And software's the first one.”

“We want to make software that makes you more different, not more similar. We think about it as alpha, not beta.”

“And so our ability to actually build software or have ideas or perspectives that really resonate is probably at the low point in the entire time I've been here.”

“So it turns out that now, all of a sudden, database migration, which used to be, like, the, like, number one thing you would not do in software, is, like, kind of trivial.”

“In software, if you have, like, that kind of, like, logical block diagram of, like, why it works and everything else, you're kind of 80% of the way there, and it's a matter of, like, go-to-market execution. In hardware you're, like, two percent of the way ther…”

“We used to be building castles. Now we're building sandcastles. They're going to get washed away. And that's, if you don't think of software that way. You have to embrace it because if you were an artisan and you were like, Hey, I built these like perfect foun…”

“The long lens view to take on this is that we have a form of intelligence that can tackle any verifiable problem. Any verifiable problem means most software. It means a lot of formal, like math proofs and similar. And it could also mean scientific discovery”