00:37:19 · John Coogan, Jordi Hays
[00:37:19] S1: I'm I'm sort of offended. I love Sequoia. I love OpenAI. I love I love Citadel Securities. But, yeah. Rough. Give us a break. [00:37:29] S0: No. It's... It is really funny. Dropouts, not welcome. [00:37:32] S1: Not welcome. Also, probably [00:37:34] S0: No. I'm sure I'm sure they do I'm sure they do allow that. [00:37:37] S1: Yes. But but, yeah, this is this is gonna be very fun. I, yeah, I wonder I wonder where where you could go with that. That's interesting. Sixty minutes. That's pretty quick. And I wonder what what tools you'll be able to use, how much prep you can do, and and also, like, what the actual API is. Because I... I'm I'm increasingly interested in in building these types of bots, but doing it with computer use and and having it only see what the human sees. I want, basically, a camera pointed at the screen with, like, a button clicking. I I want as much friction in the system as possible. And I... I'm I'm unimpressed now. I've moved the goalpost since you could just interact with the API. But who knows? This is still very, very interesting and will probably be superhuman as I as I anticipate. Anyway, let me tell you about Console. Console builds AI agents that automate 70% of IT, HR, and finance support, giving employees instant resolution for access requests and password resets. Can I talk about Turbo Puffer for a second? Yeah. Okay. [00:38:40] S0: So Please do.
00:38:40 · Jordi Hays, John Coogan
[00:38:40] S0: So Please do. [00:38:41] S1: So Turbo Puffer, you've probably seen the puffer jacket that Jordi has worn on the show a number of times. It is now available for sale, I believe, or... I think There we go. It's only gonna cost you a $100,000,000 of contracted value with them. Need... I think you might need to be a customer, or it might be for sale. But it's a beautiful puffer jacket from Turbo Puffer. There's a great profile on Turbo Puffer in Colossus Mag today. It's really cool. It frames Turbo Puffer as, like, the only normal tech company in the world while everyone in San Francisco is, like, crashing out and like being like AI doom like the Turbo Puffer folks are just like [00:39:17] S0: They're just puffing. [00:39:17] S1: We're building the business. Yeah. Yeah. We're building the business. [00:39:19] S0: It's beautiful. We... Yeah. We started working on that probably over a year ago. [00:39:23] S1: Simon's been on the show a couple times. [00:39:25] S0: No. I'm talking about... [00:39:26] S1: Oh, Oh. Oh, yeah. The puffer jacket. [00:39:27] S0: Started working on it. Yeah. Making clothing is very, very hard. [00:39:30] S1: It takes a long time. [00:39:31] S0: It's very, very, very hard. But but, finally...
00:39:31 · Jordi Hays, John Coogan
[00:39:31] S0: It's very, very, very hard. But but, finally... [00:39:36] S1: AI will never get a product in Target. It will take so long. They'll just be like, ugh, I lost my context window. I can't I can't get it. Yeah. Turbo Puffer is profiled in Colossus. There's some interesting there's some interesting strategies that Simon's in in... Employed. He he has this term, a coinage. He calls it ambition bullying. So early investors kept asking Simon, how are you gonna build a unicorn? You only worked at Shopify before. But he thought it was ridiculous to pretend he could know whether the business would become a billion dollar company. Spoiler alert. It's well on its way. But he calls the pressure ambition bullying. So VCs come and they'll they'll bully you into being more ambitious than necessarily you wanna be, distracts you from actually just putting one foot in front of the other. Finally, Lockheed Gurman was the investor willing to accept the founder's actual plan. The Lockheed Gurman. Locked it down. He said, work hard to find product market fit, but shut the company down if it's not working after a year. And Lockheed said, that's fine. I accept your pitch. And he invested 700 k at a $14,000,000 valuation. What a great investment. [00:40:53] S0: Printing.
00:40:53 · Jordi Hays, John Coogan
[00:40:53] S0: Printing. [00:40:53] S1: They also they also bought a fiber line just to avoid seven milliseconds of latency. Like, that's how obsessed they are with performance. So they discovered that traffic was traveling through Seattle, like talking to AWS and then getting back to their servers or something like that on Google Claude, and that... This created a fifteen second mill... Fifteen millisecond round trip. So instead of accepting the routing problem, one of the employees at Turbo Puffer located a private Internet exchange and purchased a direct fiber connection, reducing the round trip to eight milliseconds. And, yeah, I mean, this stuff matters because Turbo Puffer does a lot of search products. It has to be fast. It's it's it's a vector database, but it's it's it's effective not for, like, the big inference where you're cooking a pro query, deep research query. It... It's much more important that it's very quick in terms of knowledge retrieval. You can't be waiting for it. So every millisecond matters, and that's what the Turbo Puffer team prioritizes. And so now they're doing over 100,000,000 in ARR with roughly 50 employees, and so they've been crushing. Congrats to the Turbo Puffer. [00:42:00] S0: Fifteen milliseconds additional is too high. That's the type of ping that'll get you killed in
00:42:00 · Jordi Hays, John Coogan
[00:42:00] S0: Fifteen milliseconds additional is too high. That's the type of ping that'll get you killed in [00:42:04] S1: Counter Strike. Counter Strike. That's true. That's true. You need under ten seconds for ultimate fragging. I agree. Well, let me tell you about Public. Invest across all asset classes, automate anything with AI agents, run trading strategies, risk management, money movements, monitor markets with AI agents for investing on public. [00:42:21] S0: Instinct. Lucas. Oh. Please. The grub... Grubber inator. Lucas Grubber. [00:42:26] S1: Grubber inator. [00:42:27] S0: Says Grubber. Instinct is currently raising at 30,000,000,000. A 100 to 500 to 2.5 to 10 to 30 in sub one year. If you're still not inside the private market, this should be a good signal to pivot aggressively. Wealth creation is gonna be heavily skewed towards private investors over the coming decade. [00:42:48] S1: TBP? [00:42:52] S0: Yes, [00:42:53] S1: yes, There is more risk and there is more reward, and so that's why venture capital firms diversify and LPs diversify across venture funds, but it is Yeah. So people [00:43:04] S0: people are naturally crashing out over this. Not not even the take that's that's that's embedded in this post. Yeah. Just just that trajectory. [00:43:14] S1: Yeah. [00:43:17] S0: It is insanely aggressive, if it's true. But, again, this business has been growing so rapidly. [00:43:24] S1: Yeah.
00:43:24 · John Coogan, Jordi Hays, Mark Gurman
[00:43:24] S1: Yeah. [00:43:25] S0: And the interesting thing is, like, it's very hard to judge Instinct's growth relative to Muse simply because Instinct doesn't have an app. So it'd be really fascinating to see like [00:43:34] S1: The App Store. [00:43:35] S0: Where would they sit in the App Store rankings. Right? [00:43:38] S1: Yeah. Yeah. Yeah. What is what is Muse doing on App Store ratings right now? Because it was at the top of the App Store for a while. [00:43:45] S0: Right now, have TikTok Pro. Muse. Muse. Muse. Muse. Course. [00:43:49] S1: Muse is being, like, promoted in the App Store. If you just go to the search button, Muse is right there. It's doing well. It has 380,000 ratings, almost all five stars, 4.9 average. So, it's number one in productivity, but not number one overall because TikTok Pro is [00:44:05] S0: And Vinted, of course. Vinted. [00:44:09] S1: Yeah. Vinted. I was on Vinted. I I was looking at some stuff. Picking up some picking up some Rick Owens head to toe. It's coming. It's coming. Jordi said I couldn't be a lifestyle influencer, but I think if I pull up in the Rick Owens, the Supreme, the Bottega top hat, you're gonna be apologizing. [00:44:28] S0: I didn't say I just said couldn't. I just I just [00:44:32] S1: You literally said you said, you should lean into comedy. And I'm like... And then and then my counterexample is just a bunch more comedy. [00:44:39] S7: Yeah. [00:44:39] S1: It's so unmarried. A 100%. Anyway, you can now text your dot. Yeah. So there are a ton of these AI agents that everyone sees.