Assertion Supported
Gil: OpenAI and Anthropic are fastest companies ever to $10B revenue
“OpenAI, Anthropic, and others are the fastest companies to ten billion dollars in revenue basically ever, right?”
Insight
Gil: Mega-cap tech distribution lets incumbents win even five years late
“The difference between now and 15 years ago is there's a handful of companies with such large distribution that they're the natural homes to do new things. Because even if they're five years late, they can just cross sell it, right?”
Disclosure
Elad Gil and Jared Kushner co-founded Brinko, an enterprise AI platform
“Yeah, so our respective firms helped set up this company called Brinko, which is a Company, which basically builds, it has both a common platform that is like data infra and evals and a bunch of other stuff for people to use. And then on top of that, it builds…”
Opinion
Gil: Battle-tested, integrated SaaS will survive AI coding replacement
“I think it's going to persist or some subset of software persist. Obviously some will get eaten away by AI, but if something works and it's already been battle tested for security and a bunch of other stuff, and it integrates with a bunch of things. If it's ch…”
Prediction Not checkable as stated
Gil: Software is shifting from seat pricing to purchasing units of labor
“We're shifting from a world where you're buying monthly packages or you're buying seats for certain types of software and you're effectively buying units of labor, right? That's this agentic shift.”
Assertion Contradicted
Gil: About 60% of New Jersey childhood ADHD diagnoses lack testing
“So in the state of New Jersey, it's something like 60% of ADHD diagnoses in kids actually have never the kids have never taken any form of test. It's just somebody deciding that they have it.”
Disclosure
Elad Gil's firm is considering acquiring established companies for AI transformation
“We've considered, and I say we, cause like I have a group of people I work with now considered, should we go and buy a company and then transform it with AI? But I mean, it's scale, right? Is there something really big that you should work with because they al…”
Insight
Gil: Trillion-dollar incumbents overlook markets that start small but reach $20B
“If you're a one to four trillion dollar market cap company, You need a line of business that's, I don't know, five, 10, twenty billion dollars in revenue eventually to move that number at all for you, and that means that something that looks like it's a couple…”
Assertion Supported
Gil: Patrick Collison's Arc Institute is first major biology institute in decades
“Like Patrick from Stripe started ARC, a biology institute, like one of the first new major biology institutions in decades that's doing really interesting things, right?”
Prediction Not checkable as stated
Gil: AI coding tools will empower millions to build huge companies
“Through things like all the different coding models, you know, cloud code, or open AI, or cognition, or, like, it's gonna put the power of building things in the hands of millions of people who couldn't do it before. It's already doing that. And I think a subs…”
Assertion Contradicted
Gil: Minecraft was the first billion-dollar single-person company
“People always say, oh, when's the first billion dollar single person company? That was Minecraft.”
Assertion Not checkable as stated
Gil: Brinko condensed months-long government permit reviews to one hour
“And we basically took a few months of manual review, and we condensed it into, like, an hour, and then it still goes for a manual review, but we've repackaged everything, we point out the risks, I should say, by we, I mean the company, right?”
Prediction Not checkable as stated
Gil: Cheaper software creation will drive massive customization around platforms
“As the cost of building new software drops, or the speed of building it drops dramatically, we should assume that there's going to be dramatically more customization, but that customization, again, is probably around a common set of platforms.”
Disclosure
Gil: Project Alexandria will translate foundational books for 80% of humanity
“So one thing that I might even be working on is taking working with OpenAI and Anthropic and 11 and a few other folks on taking the world's most important books and using machine translation to translate them into languages that represent over 80% of humanity …”
Opinion
Gil: Foundation models for physics and materials science remain early and high-impact
“I think there's a whole, like, set of models that nobody's built yet, or that I should say people are building, but it's very early. That I think could be incredibly impactful and interesting and just like cool, you know, like it'd be super interesting to rein…”
Disclosure
Gil lists core investments including OpenAI, Stripe, SpaceX, and Perplexity
“Yeah, let's see definitely Andrile, Android, Airbnb, Coinbase Instacart, Stripe Square a little bit of SpaceX OpenAI, Perplexity, A couple other things. Cognition.”
Disclosure
Gil plans to announce large-scale public statue project soon
“Our hope is to announce our first sort of statue or monument soon. We've been working on a project to do that for like societal beauty, like art and society at large scale.”
Elad Gil