Jason Calacanis

And what Freebrook said is going to happen where he's like, hey, guys, why are you spending all this money?

What are you making?

What are you making?

And you inspect the code and you're like, what is this slop?

And you inspect the code and you're like, what is this slop?

And you're not gonna add 30, 40, 50% OPEX to produce nothing.

And you're not gonna add 30, 40, 50% OPEX to produce nothing.

So I think that that's an open question.

So I think that that's an open question.

And that question will become more amplified over the next year as they push the cost off of them.

And that question will become more amplified over the next year as they push the cost off of them.

So as Travis said, no more subsidy from the capital.

So as Travis said, no more subsidy from the capital.

You have to grow into it, but you're not gonna support negative gross margins.

You have to grow into it, but you're not gonna support negative gross margins.

So you're gonna pass through the token costs.

So you're gonna pass through the token costs.

So I think it's a very dynamic moment right now for these guys.

So I think it's a very dynamic moment right now for these guys.

He announced a deal this morning with Cursor.