Caroline Hyde

Alfred, you were named as co-steward of the firm in November alongside Pat Grady.

But interesting, you know, in leading this round with Sequoia, how's that first few months been?

You know, continuing to make investments, do things differently or the same at the firm?

Tell us what it's like.

This is a combined seed Series A, but it's a big chunk of change, $50 million.

When we were talking about keeping a human in the loop, I was immediately thinking about observability.

But really, I think what we should get to is how you're going to run this business, who you need to hire, and what the kind of operating challenge is in the near term.

Yeah, like I mentioned earlier,

This is a problem that is not just an AI modeling one.

We have to deploy securely in our customer's environment so we keep the data where it is.

That is an infrastructure and a security engineering challenge, and we are beefing up the team there.

There is all of this applied AI research that we have to do to make sure our agents can understand arbitrary

financial data, reason about it carefully.

We're expanding our teams in both San Francisco and New York.

So this is a huge year for growth for us.

We expect to triple, if not quadruple the team over both locations.

This could be a huge year, Alfred, for IPOs and for companies that you're invested in.

I think of Anthropic, I think of OpenAI.

It seems as though Stripe, which you're invested in, is going to be holding off for a little bit longer.

But Alfred, where's your optimism there?