Keith Rabois
speaker
761 appearances
1 recordings
1 series
first heard Mar 2025
last heard Mar 2025
Keith Rabois’s voice in public audio — every appearance, attributed to the second.
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can definitely do that and we do it frequently.
Like the milestones are different.
The milestones that other people not that financial investors can appreciate are going to be further out.
So you need to be able to fund or be able to partner with people that have the same criteria, which is a skill in and of itself, like knowing knowing who to partner with to finance a certain type of realm.
problem or well, it could be a problem.
I think there is a scarce number of founders who have the traits that can build an iconic company.
Founders that's the scarcest founders is the scarce.
Scarcity.
Now, what's interesting in AI world is
For any given company, they may be more capital intensive.
So you could say there's still going to be 15 companies and 15 founders in any given time frame that have high potential.
But the consumption of capital at OpenAI is off the charts.
Definitely.
And doesn't it doesn't mean it's bad.
But if AI companies have that pattern, then a lot of venture capital can still funnel into the barrels, the proverbial barrels as founders.
Yeah, I I think at the application layer, it's dangerous to raise too much capital.
I think there's reasons why at the foundation level, model innovation or things that are closer to that infrastructure layer, there's real good reasons.
Like founders walk in and ask us for 30 to 50 million dollars.
And you know, before AI, we would say, you know, no.
And would say that's that's totally unreasonable.
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