01:59:58 路 Matthew Prince, Jordi Hays
But what they were really doing was recording all of the kind of key jobs to be done within the organization because, you mean, you have to if you're gonna have AI systems that can help facilitate this, you actually have to record what are the steps that people are are doing as as as a part of that. And so as a result of that, we've been able to see this this Cloudflare OS now with the ability to do things like if you're on the sales team and you have to do, like, an account plan, you know, you can literally just type slash account plan and then describe what it is that you wanna do, and it will output that. And that's made that's made our team so much more productive. And and again, I think it's giving us the flexibility to be able to respond to, you know, whatever comes next. [02:00:41] S0: Very cool. Final final question. Are we gonna are we gonna see an exponential increase in the number of interns this summer? We're gonna see ten ten thousand interns? I don't know.
02:00:41 路 Jordi Hays, Matthew Prince, John Coogan, Farza Majeed
[02:00:41] S0: Very cool. Final final question. Are we gonna are we gonna see an exponential increase in the number of interns this summer? We're gonna see ten ten thousand interns? I don't know. [02:00:53] S13: I mean, I I I we've got to find a place to put them all. And so it's mean, our office in Austin, like we've it's a big space in Austin. We've run out of space there because we have so many interns there. It's I just I just think that there it's I think a lot of companies are doing this wrong where they're saying, like, we're we're not gonna bet on on on the new people coming out of school because, you know, AI is gonna replace them. I mean, these these kids know how to use AI better than anyone else. So we're gonna bet incredibly heavily on that, and it's, and it's so far, it's paying off. I mean, these the like, I think the person who eventually replaces me might might literally be one of the interns to today because they're just so so so smart. [02:01:33] S1: It's happened it's happened before. I mean, I don't know if Satya Nadella was an intern, but he has that famous video of him as a product manager demoing Excel. And yeah. Oh, he company man. [02:01:42] S13: I remember I mean, I I was on a bunch of of calls with Satya Yeah. Before he was before he was CEO. And he was he was just a product manager, you know, at at So I think just if you you can find really great people and and be able to [02:01:58] S1: move on. [02:01:58] S0: That's a That's a There's a GOAT [02:02:00] S6: out there.
02:02:00 路 Farza Majeed, John Coogan, Jordi Hays, Matthew Prince, Bret Taylor
[02:02:00] S6: out there. [02:02:01] S1: Yeah. You're the GOAT as well. Yeah. Yeah. You know, whenever you put up a 100,000 basis point move in your stock over just a couple years, you're in you're in contention for GOAT, I I say. Always a fantastic time. [02:02:16] S0: Thanks for jumping on. [02:02:17] S13: Good to see you guys. [02:02:18] S1: Nice to [02:02:18] S6: talk to soon. And by the way, [02:02:19] S13: I haven't talked to you since the the [02:02:20] S1: acquisition Thank of the you. I appreciate it. We'll talk to you soon. Have a good one. Let me tell you about console.com. Console automates I builds AI agents that automate 70% of IT, HR and finance support giving employees instant resolution for access requests and password resets. We will be joined by Vinod Khosla And while we [02:02:42] S0: just a few minutes. While we wait, Mad's summer vacation is looking good. Let's see what's on the schedule. [02:02:48] S1: What is on [02:02:49] S0: 6AM, he's waking up on the wrong side of the bed. Okay. 7AM, he's split between judging a book by its cover and beating a dead horse. [02:02:57] S1: Okay. [02:02:57] S0: 8AM, this is where it gets spicy, he's gonna poke the bear. [02:03:00] S1: Gonna poke the bear. [02:03:01] S0: And shortly after that, he's skating on thin ice right into walking on eggshells. Wow. And at 10AM he decides, alright, it's time to address the elephant in the room. Okay. At eleven gets a bit dark, he's gonna cry over spilled milk. Yeah. But at noon he's letting the cat out of the bag. [02:03:17] S2: That's exciting.
02:03:17 路 Bret Taylor, Jordi Hays, John Coogan, Trent Simonian
[02:03:17] S2: That's exciting. [02:03:18] S0: And that's where it really ramps up. He's starting at one to bark up the wrong tree and again, but at the same time holding his horses. [02:03:25] S1: He's double bucked. [02:03:26] S12: But then [02:03:26] S0: at 2PM, he's gonna add fuel to the fire. [02:03:28] S1: That's fantastic. [02:03:28] S0: And I can't really think of a more perfect summer day, John. [02:03:32] S1: You know you know there's a you can share your calendar with someone else and you can share it privately. So you can just see that I'm booked but you don't actually know if I'm having a meeting with someone. Maybe I'm interviewing Vinod Khosla, you won't see that. But you could build a plug in that changes the book to just these things. That would be delightful. The next Google April fools [02:03:51] S0: Super intelligence. [02:03:51] S1: I would that. [02:03:52] S0: Yeah. Somebody just can only see that you're letting the cat out of the bag Yeah. That's that's pretty exciting. [02:03:59] S1: Yeah. [02:03:59] S0: It's kind of mysterious. [02:04:00] S1: Okay. Don't interrupt him. It's an important meeting. He's letting the cat out of the bag. But hey, he's just beating a dead horse. Maybe I should go grab coffee with him, see if he wants to spin out on that. [02:04:10] S0: There's a website. Is big. [02:04:12] S1: Joe Weisenthal. [02:04:13] S0: Turning Joe Weisenthal's tweets into full articles.
02:04:13 路 Jordi Hays, John Coogan, Vinod Khosla
[02:04:13] S0: Turning Joe Weisenthal's tweets into full articles. [02:04:17] S1: This is crazy because there's a there's a live show that turns his tweets into like minutes of just back and forth conversation and banter. But somebody made a version of our show that's just web pages. So they scrape every Joe Wiesenthal tweet and they turn it into a full SEO optimized art This is great. It it is great and Joe looks great in this photo. He's looking good. He's looking quizzical. He's having fun. Well, let's bring in our next guest, Vinod Khosla, the founder and managing director of Khosla Ventures. Vinod, thank you so much for taking the time. How are you doing? [02:04:55] S9: I'm doing great. Great to be here. [02:04:57] S1: Fantastic to have you. I want to kick it off with some of the recent deal making that you've been doing. Your outlook on artificial intelligence is obviously front and center. But what has been the most recent fundraise that you've done? Why did it get you excited? [02:05:14] S9: Well, obviously, there's a lot hits on yesterday or today. We are working a lot and doing a lot of new things That I'm pretty excited about is a company like Pramana. Mhmm. But more importantly, the broad category of order formalization, which isn't talked about much. But humans aren't very good at talking to AI in driving what they precisely want. And that's where auto formalization becomes important, and companies like Fana become very important.
02:05:14 路 Vinod Khosla, John Coogan
[02:05:14] S9: Well, obviously, there's a lot hits on yesterday or today. We are working a lot and doing a lot of new things That I'm pretty excited about is a company like Pramana. Mhmm. But more importantly, the broad category of order formalization, which isn't talked about much. But humans aren't very good at talking to AI in driving what they precisely want. And that's where auto formalization becomes important, and companies like Fana become very important. [02:05:55] S1: How did you get into auto formalization? And I guess the big better question is, as an investor, you have to consider, is auto formalization on the direct path for the other labs? How do you think about competition in this area? Investors are going back and forth, and it's been fascinating to see things that appear to be directly in the path of the big labs. They're still growing revenues 2,000,000,003 billion $4,000,000,000 We're seeing $60,000,000,000 acquisitions. Everything seems to be going well up and down the stack. But why is there a particularly big opportunity right now? [02:06:34] S9: Well, the labs, they will do more and more over time, but I still see the opposite being very broad for venture capital and fund nodes. In terms of nodes are coming up with great ideas. [02:06:52] S1: Mhmm.