01:12:13 · Zak Kukoff, John Coogan
[01:12:13] S5: But [01:12:13] S1: every last day. Question for me. We'll let you go. That point on open source is really interesting. It feels like Mark Zuckerberg could be the national champion. He could be the hero of American open source with the Llama project. We don't know if Llama five is gonna be open source. Behemoth had trouble getting out. He hasn't really given clear guidance on how hard he's going into how we how hard he's gonna stay in open But what how do you think the mood is around Mark Zuckerberg in DC? Is he a winner or loser? The Wall Street Journal had this article on, you know, how much people have donated. Obviously, Jensen Spiel's ascendant. Elon Yep. Feels like he was at the top and then kind of dialed back a little bit but is still doing okay. The other hyperscaler CEOs are like, none of them are in bad bad positions but Zuck is like the interesting one where you could see a really interesting partnership form but I don't know where we are on that.
01:13:08 · Zak Kukoff, Casey Neistat, John Coogan, Jordi Hays
[01:13:08] S5: Zuck, I think is interesting. He took a big swing. I'd say, listen, I wanna go do the cultural work. I wanna enmesh myself really deeply. Yep. And we've learned is this is an admin that really respects power and success. Right? Success is its own ability to attract more success through virtuous cycle. Jensen does well in part because he's tremendously gifted interpersonally, but also because he's the CEO of the most valuable company in the world, and the admin respects that. Right? And when he comes to town, know this is an admin that loves talking about things are number one, things are the biggest and the best and most important, and Jensen has that. Zuck, Zuck tried to Orifarm a little bit. [01:13:41] S6: You know [01:13:41] S5: what I mean? He tried to get in here and do a little bit of that, and I don't know that it's fully landed for him. I agree. Listen. I hope he keeps Llama five open source predominantly because I think it would be a great bite at the apple for him with national priority here. Yeah. But part of that's gonna also be his ability to invest and do some of the interpersonal retail stuff that Jensen's done so well. [01:13:58] S1: Yeah. Yeah. With with OpenAI launching the open source model, you have to wonder if if if like National Open Source Champion of America is a title that Sam Altman is like, I'd like that. [01:14:10] S5: Yeah. Exactly. It [01:14:11] S0: doesn't
01:14:11 · Jordi Hays, John Coogan, Zak Kukoff
[01:14:11] S0: doesn't [01:14:11] S1: Even have like direct economic value, if it comes with political power, that could be incredibly So interesting to see how it breaks down. Thank you much for joining. We'll let you get to your [01:14:21] S5: next meeting. Sorry. I'm making [01:14:23] S0: you miss your next one. Cheers. [01:14:24] S1: Talk to you soon. And we will tell you about Attio, customer relationship magic. Attio is the AI native CRM that builds, scales, and grows your company to the next level. [01:14:34] S0: CRM. [01:14:34] S1: It's the next gen of CRM. And speaking of gens, gen z has a particular nihilism I call get my bag culture says Jasmine's son. The mentality of everyone's grifting so I better get my own. This ties into the Trevor Milton debate that we were having earlier. They've never voted without Trump on the ballot. All content is sponsored content unless proved otherwise. Post truth politics is all they know. The president's been scamming for the last ten years so don't be meek and virtuous or else you're gonna lose. So no wonder why you end up with Cluely. Bit of a hot take. Interesting. But I do think that there's this there is this [01:15:09] S0: interesting thing though just to call out that the the Cluely haters will be in shambles over this. But Roy was posting yesterday that he set up a 20% employee option pool Woah. Clearly. Okay. [01:15:21] S1: So he [01:15:21] S0: was paying a lot and people are pushing back being like your burns gotta be crazy. [01:15:25] S5: Yeah.
01:15:25 · Zak Kukoff, Jordi Hays, John Coogan
[01:15:25] S5: Yeah. [01:15:25] S0: Yeah. And his pushback was basically, we're way more efficient [01:15:28] S1: Yeah. [01:15:28] S0: To you know, you can get to 10,000,000 of ARR with a small team. Yeah. I pay people a lot and I also you can also give them a lot of equity. Yeah. [01:15:37] S1: Interesting. I I do I do worry a little bit about just as we see more meme stocks, it gets more tempting. So for like like and that that meme about like you have five years to get the bag Escape the permanent underclass. Permanent underclass like and and if you're just seeing people get away with things that feel crazy and you're like, well they like everyone else got away with it. Maybe I should get away with it too. It is it is sad we need Gen Z founders building permanent structures, institutions, products that will outlive them. And there hasn't been a ton of those. Alex Wang was certainly the the leading candidate as kind of all star gen z company. [01:16:17] S0: Yeah. And people people were pissed when I mean a lot of people were super happy when Ross Ulbricht was pardoned. Yeah. A lot of people were upset. Yeah. They were like he was dealing drugs on the internet and tried to kill someone. I think there's Allegedly. Allegedly. Well, Is it alleged? No. I think I think he did order the hit Yeah. But it didn't work. [01:16:36] S1: Okay. Okay. [01:16:36] S0: Like it didn't go through because he was talking with a with a undercover agent. [01:16:40] S1: It happens to the best of us. Sometimes sometimes you put something on [01:16:45] S0: the Trump's like, who hasn't ordered a hit?
01:16:45 · Jordi Hays, John Coogan, Alex Hawkinson
[01:16:45] S0: the Trump's like, who hasn't ordered a hit? [01:16:47] S1: Yeah. Sometimes you put You [01:16:48] S0: never ordered one hit? [01:16:49] S1: Not even one. Sometimes you put something on on an underling's to do list and they just forget about it. It happens. And you're like, ah, they dropped the ball. It happens. Anyway, in other better news, there's a profile in Colossus of Rompton, Naomi That boy. Who you you've worked with, you've met and he says [01:17:09] S0: He's a dear friend. [01:17:10] S1: We we've been quietly building Abstract for nine years. He's your friend. He hasn't been on the show? [01:17:16] S0: Well, he's never done any media. Literally never. So this is like the first significant media that he's ever done. Interesting. He's been very very under the radar. Yeah. [01:17:24] S2: We don't [01:17:24] S0: have to list out his full portfolio but if you look at you can go to abstract.vc and check it out. Backed a lot of incredible companies. He backed my last company. Yeah. Was was an incredible partner and has been a true friend throughout as long as I've known him. Fantastic. And I'm excited for him to talk about it. It's a crazy story. He had a fund, blew up, went bankrupt when he was 24 and he's 34 now, has 1,800,000,000.0 under Wow. That's impressive. And he's an absolute dog. I can't wait to see him at the top of the Midas list. For sure. It's gonna happen.
01:18:03 · John Coogan, Jordi Hays
[01:18:03] S1: So that will be in the next edition of Colossus Magazine which you should of course subscribe to. Yeah. You can read this article now. The man with the hot hand needs to link up with the man with the hot leather jacket. Jensen Huang apparently dropping a bombshell at the AI summit that we were just talking to Zach Kukoff about. I have 60 plus leather jackets. My wife picks them. That is the scoop that I need to hear. Bev, thank you for reporting on the ground. Jensen Huang says I have 60 plus leather jackets. That's a lot. One for every week of the year. I love it. Anyway, another quote from which you mentioned, Jensen Huang. America's unique advantage is that no country could no country could possibly have is President Trump. He is happy to be partnering with the president, the commander in chief. Also, a reconciliation of sorts between Delian Asparouhov and Chamath Palihapitiya. In DC, they're comparing Anacondas and a I r r's. Delian and Chamath of course to put the timeline in turmoil a couple weeks ago talking trash to each other. All friendly. All's fair in love and war. [01:19:16] S0: All's fair on [01:19:17] S1: the timeline. Taking a friendly picture together. You'll love to see it. I love a reconciliation even if the the the language is a little vulgar for my taste. But, great to see two capital allocators hanging out in DC together. Christian Garrett also broke it down. [01:19:34] S0: Man behind this behind the scenes pulling all the strings pulling all the strings.