Anish Acharya

I'm sorry, M1 means month one for those that don't know.

I'm sorry, M1 means month one for those that don't know.

If you look at M2 sort of as your first month for some of these products that are acquiring a ton of top of funnel traffic, then you apply the same high retention bar you ever applied to them.

If you look at M2 sort of as your first month for some of these products that are acquiring a ton of top of funnel traffic, then you apply the same high retention bar you ever applied to them.

I mean, like the bigger the better, but certainly 50% is solid, right?

I mean, like the bigger the better, but certainly 50% is solid, right?

And if you're 60, 70%, I mean, we're very, very happy.

And if you're 60, 70%, I mean, we're very, very happy.

Well, there's a little quip that I like to use, which is like, it's not a bubble and it's good that it is.

Well, there's a little quip that I like to use, which is like, it's not a bubble and it's good that it is.

And I'll tell you why.

And I'll tell you why.

Look, this is not my area of focus or expertise.

Look, this is not my area of focus or expertise.

But one, you look at OpenAI's recent announcement, which is that there are 20 billion of top line.

But one, you look at OpenAI's recent announcement, which is that there are 20 billion of top line.

And the way that they got there is they 3x capacity and they 3x top line.

And the way that they got there is they 3x capacity and they 3x top line.

Every time they bring on capacity, all of that supply, that inference supply, is 100% spoken for.

Every time they bring on capacity, all of that supply, that inference supply, is 100% spoken for.