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if something just keeps compounding why would you sell out of it and so for example my intention with stripe is to just hold stripe for the next 10 years you know i think it's going to keep growing at a really good rate forever
a lot of the companies i got involved with early perplexity harvey decagon a bridge etc on the ai side are obviously all seeing you know real growth acceleration etc
the company that um i started with jared and eric and others that we mentioned earlier is basically working on this for big enterprise how can you help big enterprises really make that adoption of ai and what applications should you provide for them to be able to really thrive in this post ai world so i think it was there's an enormous amount of stuff to be done there
recently launched a company uh with jared kushner eric wu and a few other folks to bring ai to the world's biggest enterprises so we're really excited about that
google went through three different business models they tried to do enterprise search and they were selling these um you know yellow boxes that go on racks yeah exactly for like enterprise search and you know they went through two or three different iterate they were syndicating search and selling that to yahoo and aol and others and then finally they hit upon their advertising model and it worked magically
if you look at apple's revenue in the last few months i think they generated over 100 billion dollars in revenue you know that's an immense portion of just us gdp if you think about it it's bonkers
if something just keeps compounding why would you sell out of it and so for example my intention with stripe is to just hold stripe for the next 10 years you know i think it's going to keep growing at a really good rate forever
i think an interesting analog was payments because after paypal got bought by ebay a lot of folks who were sort of director level at at paypal started talking in silicon valley around how hard it was to do payments and i think that stopped real innovation and payments companies for five or six years and then suddenly stripe emerged and square emerged and a firm emerged and all these amazing payments companies got started and now it's something that people know they can build again but there was
at different times uber and airbnb and other companies that had these large distributed hosts or workforces or drivers or other things they also try to think through how can we distribute stock to them or how can we make them partial owners in what we're doing
Airbnb I invested in when there were eight people so still pretty early