Eric Newcomer

But yeah, it's interesting that it feels like the South Bay is really working.

El Segundo is really working.

SpaceX starting in an El Segundo warehouse.

That's all working, but I feel like the original LA startup movement can't even claim.

Silicon Beach.

Yeah, can't claim that.

I know, but it's painful that like Suno, Suno should have been an LA company.

That should have been an LA company.

And it's what, like Boston, New York, maybe they have an SF office, I forget.

Are you going to rebuild?

So we'll see you in 10 years.

How are you thinking about consumer investing, like consumer products?

Even if you're doing a true seed and you can do two on 10 and then it's billion dollar exit, you're like, okay, it doesn't actually, it can't return the fund.

Yeah.

How do you think the SpaceX IPO is going to impact the luxury real estate market?

Well, I'm just looking.

I'm thinking about YC and how there's a lot of new centimillionaires, and there's not a lot of inventory over there.

And knowing SpaceX people, they like to be outdoors.

A lot of them probably like to ski a little bit.

And I think there might be a supply-demand mismatch, at least at YC, but we'll see.