Ben Horowitz

I'd say like one of the most interesting areas are the areas that we have shortages in.

Like we funded a company, which I never thought we would fund, that's doing a new transformer, not like a model, but like literally a power transformer.

Because there's like a massive shortage in power transformers.

It's like a big problem if you're trying to build a new power plant.

which we need a lot of.

And, you know, it's a very interesting idea how to do them, like, much easier, more efficiently, and so forth.

So I think, you know, like, we've got electricity shortage, chip shortage, token shortage, going to have cooling shortage.

So, like...

And there's all kinds of levers that you can pull to alleviate some of those shortages, and those will be valuable.

So, you know, if there's unlimited demand for tokens, which there seems to be, like what are the supply side issues, I think is pretty interesting.

And then...

there's just all kinds of like problems of humanity that have been around for a long, long time, like cancer and things like that, which are now kind of solvable.

So I think there's really interesting opportunities.

So as a founder, this is what you shouldn't do.

You shouldn't like just pop random ideas off of your head.

You have to actually go in, try and do something hard and then figure out where like there is no solution in the world and then go solve that.

That's very specific.

Very, very specific question.

Pivots typically, you know, as somebody who's done a pivot, pivots typically, you know, don't work, particularly if you get to a certain scale.

So doing a late pivot like I did, I think is very difficult.