George Frazier

So you acquired Census in 2025 and then Tobiko Data in...

and SQL Mesh, and then you signed with DBT Labs.

And so, I mean, this has always been a space that's been relatively acquisitive, but I would say for the new style companies, FlapTran has been the most acquisitive.

So maybe can you talk through the strategy and the plan?

Or is this ad hoc?

Is there some grand strategy?

Not just investment bankers.

P.E., right?

There you go.

Oh, there you go.

Okay, I see.

But anyways, listen, for a startup, and having watched you do it has actually been very impressive to watch you run this strategy.

That's true.

You know, you've actually said publicly that DBT is going to be one of the biggest beneficiary of coding agents.

Can you kind of pencil that out a bit?

So there's this great... I don't even really know what that means.

I told you that.

We're actually already seeing that.

All right, so you have the pleasure of being the CEO of a relatively large company during the AI wave.

You've gotten back to writing coding, which a lot of us have.