Scaling Europe
00:32:44 · Sebastian Johnson, Zeynep Yavuz-Willson
[00:32:44] S0: Are we... Or are you seeing the markup game being played as much as you were 2019, 2020? Are we at that level? Yeah, [00:32:52] S1: it's different now. [00:32:53] S0: Okay. [00:32:54] S1: There is a markup game, but there's also just very fast velocity and growth. And I think the markup game that we had in 2020 was more like that's I think why I was so shocked as well, because there was just like, there was no revenue growth. Was no, not even just revenue growth. There was no usage. Like there was no reason to like, I'm someone who seeks truth when I look into these companies, I just didn't see any of that. Whereas now, obviously we see that. I think now we see a lot of those amazing adoption of AI, amazing growth in these companies. The durability is a question. Yeah. You know, I think we ask that every day, and I don't think anyone really has an answer. You just need to bet on... You need to just invest in people and know that they will figure it out. [00:33:38] S0: Yeah. [00:33:39] S1: But I think that's the difference between the 2020 period. [00:33:42] S0: So, was a lot of hype without the growth in fundamentals. Now we're seeing... Are seeing the [00:33:47] S1: increasing mean, now it's like so exciting to be invention. Like, I got so lucky. Obviously, to live through something like this is amazing. [00:33:55] S0: Yeah. Well, look, thank you so much for joining me. Yes. It's been great to chat. Awesome. Thank you.