Jason Calacanis

OpenAI is three quarters consumer subscriptions and a quarter API.

And Propic is almost the exact opposite.

OpenAI is used by consumers overwhelmingly.

And Propic is used either directly or through things like GitHub and Cursor.

OpenAI, as a result, has a very conservative way of recognizing revenue.

Anthropix, they sort of recognize gross tonnage as their revenue.

And so when you start to hear these things about like, oh, this thing is at 20 billion and OpenAI is at N billion, they're two totally different conversations.

And I think right now it's more about the press cycle of trying to create clicks than it actually is about the underlying quality of each business.

Both are incredible businesses as this demonstrates.

And by the time it goes public,

Both of these two businesses will have a very clean and I suspect normalized way of telling a story so that you can actually compare.

But what I would tell people right now is everybody is running with numbers to try to create a narrative that I don't think makes sense or applies to either.

Let me say something to that, Jason.

Sure.

You mentor tons of startups.

Saks has done it.

Freebrook has done it.

I do it.

What is the one thing we tell folks?

Focus, focus, focus, focus.