Andrew Feldman

And that's what we saw.

And that's what we saw.

I think historically more money is made after IPO than before.

I think historically more money is made after IPO than before.

I think every single study shows that there is more money to be made both in percentage and in what we care about, which is absolute.

I think every single study shows that there is more money to be made both in percentage and in what we care about, which is absolute.

And so the amount of money that it's possible to put to work in most venture companies is very modest.

And so the amount of money that it's possible to put to work in most venture companies is very modest.

I mean, there are two or three or five outliers, but for the most part, you can only put a relatively little bit of money to work

I mean, there are two or three or five outliers, but for the most part, you can only put a relatively little bit of money to work

By the time we get public, there's a lot more money there, things are going well, and the opportunity to make vastly more is after IPO, not before.

By the time we get public, there's a lot more money there, things are going well, and the opportunity to make vastly more is after IPO, not before.

I'm happy it worked out for you, Chamath.

I'm happy it worked out for you, Chamath.

We can't build data centers fast enough to keep up with demand.

We can't build data centers fast enough to keep up with demand.

We have a $25 billion backlog.

We have a $25 billion backlog.

If demand stays high, we're going to continue to see memory shortages for at least the next several years.

If demand stays high, we're going to continue to see memory shortages for at least the next several years.