David Senra

I'm going to throw all my money in there.

And he's just like, I'm doing it because I love to do it.

And spending time doing anything else would be an absolute distraction.

And Nick Sleep talks about this because he's –

a capital allocator.

He's not building a product, but he's making capital allocation decisions.

Like, do I need to sell this stock, put it into another one?

I'm weighing my opportunity costs.

And he was haunted almost by this idea.

If you look at financial history, it's like he talked about a firm, a financial firm one day where they're like, okay,

uh, we owned IBM in the 1950s.

I didn't know until I read Michael Dell's autobiography, right?

Because IBM was, it's like, they're the most powerful and wealthiest company in the world when me and you were born, okay?

And Michael Dell's like, you have to understand, like 1987 for me to like yell out to my dad, he's like, what do you want to do for a living?

He's like,

I want to compete with IBM.

I'm a 19-year-old in my dorm room with $1,000.

Like, what kind of grandiose ambition do you have?

I went and started.

I was like, why is this so crazy?