Generative Now | AI Builders on Creating the Future
00:41:09 · Gabe Stengel, Mike Mignano
[00:41:09] S1: Yeah. Well, I mean, look, if you're Bob Iger and you're thinking about maybe you're selling the company to Apple and you're thinking about who should I hire as my investment bank? Should I hire Lazard or Goldman or, you know, whoever? What if you don't need to hire a banker to produce a fairness opinion? Right. Right? Like, what if you don't need to pay $25,000,000 to do that? Or what if you can use, you know, let's say Lazard has an AI product that can help generate fairness opinions and and it's at, a quarter of the price and double the quality. Could you just use that? And so there are types of financial services where I think like firms will be able to go direct with technology. And then there's others that you can't, right? Like if brokering a transaction and it takes a human in the loop and you want to shake someone's hand and you want to trust who you're partnering with and negotiating with, like that's when a banker is going to be invaluable, especially a banker with a Rolodex and you know, one that, you know, knows your business and your industry and all the counterparties. [00:42:01] S0: Makes total sense. Gabe, this has been fascinating. I really, really appreciate all the time you spent with us. And yeah, wishing you and Rogo all the best of luck and we should do this again sometime. [00:42:12] S1: Mike, appreciate it. Thanks for having me.
00:42:12 · Gabe Stengel, Mike Mignano
[00:42:12] S1: Mike, appreciate it. Thanks for having me. [00:42:15] S0: Thank you for listening to Generative Now. If you like this episode, please rate and review the show, and, of course, subscribe. It really does help. And if you wanna learn more, follow Lightspeed at Lightspeed VP on X, YouTube, or LinkedIn. Generative Now is produced by Lightspeed in partnership with Pod People. I am Michael McManno, and we'll be back next week. See you then.