Rory Driscoll

You can say it's fortunate or unfortunate, but it doesn't matter what your kind of subjective opinions are of it.

The objective fact is $3 billion plus or minus appears to be the point at which it's easy to go public and it gets a lot easier the more you go up from there.

Maybe $3 is a cutoff.

And when you do something at $2 and then you slip even a little bit, you're down into who cares land, which sucks.

Look, if you're an AI engineer, no.

If you're actually interested in finance and investing, I think it's a very compelling space to go because I think the things they're doing are super interesting.

I'm going to push back on this because we live in a power law in terms of outcomes.

We say only a few outcomes matter.

Therefore, all the other outcomes don't matter.

Right.

Which is mathematically true about company results because that's the distribution curve for outcomes.

But the distribution curve for humans, just for the record, is actually pretty much a bell curve.

So the idea that even in a good company, not everyone's going to be exceptional, right?

There's an implied statement behind what you're doing, Jason, which is all the great people are in a great company and everyone in the OK companies is mediocre.

I actually think there are two different distributions, right?

Probably the great companies skew a little better than the average.

But most of the time, once you're up to a thousand people, you have a fairly representative subsegment of whatever class of people you're hiring.

Harry's got his confused face on, and I can't explain it better right now.

But I don't believe all the people in something like, well, a solid outcome company like a Wealthfront or even an Equipment Show are mediocre and not trying.

I don't think that's... I think it's overgeneralization.