Caroline Hyde

You know, it's the moment of agents right now.

People are so excited by agents, but really agents are only as good as the data they operate on.

Alfred, you know, Sequoia is in OpenAI and in Anthropic.

This is the application of the environment that we're in, particularly, you know, relevant to our audience, financial services.

You know, why you decided to make this particular investment and your sort of thesis around it.

Michael, it's interesting though.

I spoke to Thrive Capital before, and they've basically built this themselves using all their own internal emails, chains, data.

They've built it and probably using OpenAI's technology.

And I'm interested as to what the clapback is to the idea that anthropic plugin isn't eventually going to be as good or businesses can't build it themselves in some way.

It's a great question.

A few things here.

First, our view is that the products in market right now are really focused on time savings, faster decks, faster models.

That's really valuable and it's important.

Our focus, as Alfred mentioned, is really how do we help our customers make better decisions?

And this demands going incredibly deep into their data.

All of

the records from their trades, positions, memos, all of that, it needs to be understood in advance.

And this is an incredibly challenging problem.

It's an infrastructure problem.

It is a security problem.