Jason
๐ค PersonAppearances Over Time
Podcast Appearances
Yeah.
The only thing that I would push back on what you said though is that I agree that Google has done an absolutely incredible job in defending search, but I think what this creates
is the setup where now they can cannibalize themselves versus having their market cannibalize for them.
That's still going to be a very tough decision for Google to make, and it's going to happen.
Is this what it'll be like when we have to be in a studio?
When we get to this level of scale where our show actually matters?
And we need to be in a studio.
Not particularly, not well, but I'm saying you do it.
So you could have carved out the time.
The rest of us actually have jobs.
That's the key word, watching.
You didn't say doing.
I got a distribution from you, by the way, recently.
Welcome to the club.
It was on $500 million.
My returns have been better when I've been by myself.
I think that there is something really valuable about working for other people, which it does keep you accountable.
I mean, what's happened is my dispersion has increased massively investing on my own, which means I cut the losers off far longer than I would have if I was running a fund because
I think what I signed up for when I was running a fund was never lose money, ever, and return the money as quickly as possible and then run the upside.
And so I would have traded a 7x with high vol for a guaranteed 3 and 3.5x because I think that was my responsibility as the GP because my LPs were Memorial Sloan Kettering, the Mayo Clinic.