Thomas Laffont
speaker
504 appearances
2 recordings
2 series
first heard Jun 2026
last heard 4 Jun
Thomas Laffont’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.
Appearances
These are not fake companies.
These companies have been around for decades, right?
And they traded the lowest multiple of earnings of the S&P 500 of almost any other company.
So there is kind of something kind of real happening.
But a picked up energy there that just got released.
Correct.
And now it's like, well, someone made a point to me on, you'll like this, on memory, right?
They said, well, if I want to design a chip like OpenAI, I can go to TSMC.
And I know it's hard, but at least I have TSMC to help me.
If I want to make memory, well, there is no TSMC.
So what should the memory multiples be versus ASIC chips, as an example?
Would you have predicted that out of curiosity?
Well, the first thing that comes to mind is I remember when David was so bearish California real estate.
We'll see whether this influx of capital.
The one thing I'll say on SpaceX, and look, I don't know whether 1.75 is the right price for the IPO.
And frankly, I have no clue.
What I do know is that the global profit pool of telco and service providers across the world is anywhere between two to 400 billion, depending on who you want to address, right?
So you do have to think about a company that just in a core business, which by the way, wasn't even in a couple of years ago, is addressing a profit pool of multiple hundreds of billions of dollars with a substantially better product, right?
I think all of us, when you think about Starlink, works all the time, no radio towers, you know, et cetera.
So I go back to it and I think it's hard to know Chamath because we've never had anything like this before, right?
Showing 221–240 of 504 · page 12 of 26
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