00:32:27 · Jordi Hays, John Coogan, Tyler
[00:32:27] S0: I need a new I need a [00:32:28] S1: new account. It's like... And talks like me. It's hilarious. Anyway, back in the AI world, Sam Parr is sharing the journey of Jack Clark over at Anthropic from reporter to to anthropic founder. Mike Moritz is another journalist to tech billionaire guy. What what a crazy run. Yeah. It's fun because Joe Wiesenthal, like, knew Jack Clark. I think they worked together maybe at Bloomberg or at least over over overlapped in the journalism world. And I think Jack went back on Odd Lots to talk about the journey. [00:33:06] S4: You think Joe Oswald is gonna get in the arena? [00:33:08] S1: Maybe. I'd like to see... And [00:33:10] S0: he ships. [00:33:12] S1: Like to see... Yeah. He's gotta start like a Neo Cloud. I think that's the that's the move for Joe. Or maybe like Okay. Straight to oil and gas extraction. [00:33:21] S4: Yeah. I mean, his band, you know? Light Sweet Crude. [00:33:23] S1: Yeah. Light Sweet Crude. He should get in the game, start start mining some stuff. [00:33:28] S0: It's time. What's time? To talk about the billboard. Okay. [00:33:32] S1: Did you figure this out? [00:33:34] S0: I I had a theory. [00:33:36] S1: There's a billboard in San Francisco, and it just shows a dock from... It looks like a Mac book dock of some sort with Claude. What's the second [00:33:46] S0: one? Perplexity. [00:33:47] S1: Perplexity. Notion, Grock Bot, and Chachi PT. And the post says, I can't even tell who this billboard is for, and I agree. It could be any of these. It could be Notion.
00:33:47 · John Coogan, Jordi Hays
[00:33:47] S1: Perplexity. Notion, Grock Bot, and Chachi PT. And the post says, I can't even tell who this billboard is for, and I agree. It could be any of these. It could be Notion. [00:34:02] S0: Yeah. So my theory was Notion because they wanna be they wanna be a collaborative workspace where you have a bunch of agents coming in. They put themselves in the center. They're positioning themselves as an AI company. [00:34:14] S1: They also have the most contrast, I feel, to the other logos. Like, the other logos all have, like, some circular design or some, like, a bunch of lines intersecting, like the flower and the clawed logo all sort of, like, take the same design, whereas the Notion is like a cube, a block. You see the end. It sort of draws you to it. So is that true? Is it Notion billboard? [00:34:37] S0: I don't know. [00:34:38] S1: Okay. We don't know. [00:34:39] S0: We don't know. [00:34:40] S1: Well, Akshay [00:34:41] S0: But it got the people talking. [00:34:43] S1: Okay. What'd they say? [00:34:46] S0: That's us. [00:34:46] S1: Well, Akshay, the co founder says thank you to whoever paid for this. [00:34:53] S0: Yeah. He could be thanking somebody on his [00:34:55] S1: team. Okay. [00:34:59] S0: But yeah, there's there's literally... You can narrow it down as like, would Anthropic do this? No. Would Perplexity do this? No. Would Grok, SpaceX do this? Absolutely not. [00:35:10] S1: Anthropic and OpenAI would definitely never put each other on a billboard together. [00:35:13] S0: Yeah. So you can narrow it down to one. There's one company that would do
00:35:13 · Jordi Hays, John Coogan, Rahul Sengottuvelu, Tyler
[00:35:13] S0: Yeah. So you can narrow it down to one. There's one company that would do [00:35:15] S1: this. Apple. Gemini. [00:35:17] S0: Apple would do it. Apple. No. That that you're like... I I believe it's Notion, but my second guess would be... [00:35:25] S1: Is the... No. [00:35:25] S0: It definitely wouldn't be. It wouldn't be Apple either. [00:35:27] S1: I'm curious if this is just like somebody [00:35:29] S0: We caught them. [00:35:30] S1: Image. You think it's Notion? [00:35:31] S0: We caught them. [00:35:32] S1: Here we go. Okay. Well, that's that's that's the end of that mystery, [00:35:36] S0: I suppose. [00:35:36] S5: Could it [00:35:37] S4: be the VC that invested in all those? Oh. Is I think... Did [00:35:41] S1: anyone invest in all of them? Me... Fidelity or something? I don't know. Like, who who is that? [00:35:47] S0: The Ontario Teachers... [00:35:49] S1: Teachers' Tension Fund or something. Yeah. [00:35:51] S4: I I think Sequoia has invested in all five [00:35:53] S1: of those. Sequoia is in all five. Wow. The royal flush. Well, should they should add Figma to that list. Let me tell you about Figma. Agents, you need to canvas. Your AI agents can now create and modify your Figma files with design system context. Why'd you cut me off from the invest like the best soundtrack? I love that song. [00:36:12] S0: Just joking around.
00:36:12 · Jordi Hays, John Coogan
[00:36:12] S0: Just joking around. [00:36:14] S1: There's a... There... There's more interesting reporting from the Entropic s one. Entropic founders apparently can name secret successors. We were discussing this yesterday. We were like, okay. So there's seven founders that all have the, class f shares or something. What was it? [00:36:30] S0: There's one... Isn't it one class f share? [00:36:32] S1: It's a single class f share Yeah. [00:36:34] S0: That that is held by Founder LLC. [00:36:37] S1: Founder LLC. And Forbes is reporting that the Anthropic founders can name secret successors. Anthropic's IPO include... Includes a private line of succession confidential list of would be heirs to its founders voting power chosen by the founders and approved by one another. So you actually have to go to the rest of the group and say, I'm giving this to my son or I'm giving this to my brother or my my My shrimp. Spouse, my shrimp. I don't know. Whatever whatever you wanna do. My dog, domesticated bear. I don't know. Yeah. I mean, clearly Honestly have thought several steps ahead of [00:37:15] S0: what [00:37:15] S1: reporting is. [00:37:16] S0: This rocks. There's no one there's no one... There's no doing it like this. [00:37:22] S1: Hasn't Elon said he's gonna give his companies to these kids? I thought that was like a whole thing. Yeah. He's he's doing hereditary honesty. [00:37:29] S0: Lot of lot of talk. [00:37:31] S1: Lot of talk?
00:37:31 · John Coogan, Jordi Hays
[00:37:31] S1: Lot of talk? [00:37:31] S0: And let's see if it actually... This is like... They're setting... It's much harder Mhmm. For Elon. I think it's gonna be a bit harder. Right? These are these are seven live players Yeah. That decided on a structure. [00:37:48] S1: Yeah. [00:37:49] S0: And, of course, things could change over time. But this feels like quite different. And it's cool to be thinking... It's cool to see a company thinking in centuries. [00:38:01] S1: Yeah. It's true. [00:38:02] S0: Yeah. Beyond decades. [00:38:05] S1: Yeah. What what other American dynasties are still... [00:38:07] S0: Walmart? Canter says they're gonna give it to a future model. Oh. ASI run board. Yeah. It's one share for the for the final model. [00:38:15] S1: They could have a they could have like a some sort of contract between them that in Founder LLC, the decisions are actually made by the model which should be interesting. Who knows? I I have a feeling that's not the way it goes, though. It doesn't feel like that's the that's the plan. But I don't know. I'm still very interested. Like, is Ben Bernanke happy about this? Like, he had, you know, he's on the he's on, like, the the super board. I forget what it's called, like, the the trustee board or something like above the board. Like, Yasmin is on the actual board and then Bernanke and there's two other, like, super board members who... [00:38:52] S0: And the Founder LLC is kinda like the cool kids table.
00:38:52 · Jordi Hays, John Coogan, Tyler
[00:38:52] S0: And the Founder LLC is kinda like the cool kids table. [00:38:55] S1: Yeah. So how how does the how does the Bernanke board feel about it? I don't know. We'll see. It's a lot of different governance. A lot of different governance, a lot of stuff to untangle for the media. But good luck out there if you're reporting on Anthropic. Fireside Alpha, Citrini says the preclinical bottleneck is monkeys, which take four years to breed and are harder to scale than memory supply. There's a huge shortage of monkeys and you can't really that's the problem the most that's probably the most important thing for preclinical testing. And I know a lot of people are going to be morally opposed to this, but I'll just say one thing, is for the medicine is closer than ever before to a world where it really is, I say closer than ever before. This is really rough transcript, fireside alpha. You should clean this up a little bit. But I guess it's accurate to what was said in the podcast. I know that sounds counterintuitive because it's well, okay. Well, are you investing in this company that does animal testing? Well, the reason for that is you get closer to that world. What you need is more data. Right? Like, you need more experimental data from animal testing, and monkeys are irreplaceable. So a bull market in monkeys... [00:40:08] S0: We gotta get [00:40:09] S4: into the monkey business.