Anish Acharya

So in no way am I minimizing that.

And look, I do think that those types of venture outcomes stack to create really meaningful funds.

And look, I do think that those types of venture outcomes stack to create really meaningful funds.

So this is not about working backwards from venture economics.

So this is not about working backwards from venture economics.

But the biggest companies in the world today are trillion-dollar companies.

But the biggest companies in the world today are trillion-dollar companies.

If you want to build a trillion dollar company, if that's your intention, you've sort of got to start with a set of assumptions that can lead to that.

If you want to build a trillion dollar company, if that's your intention, you've sort of got to start with a set of assumptions that can lead to that.

If your intention is to build an extraordinary enterprise and you build a three to five billion dollar enterprise, like you are one of the few people in the world.

If your intention is to build an extraordinary enterprise and you build a three to five billion dollar enterprise, like you are one of the few people in the world.

I think software is completely oversold.

I think software is completely oversold.

I think it's a silly story.

I think it's a silly story.

I heard it called SaaSpocalypse today.

I heard it called SaaSpocalypse today.

It's very funny.

It's very funny.

Bloomberg is trying to get that to stick.