https://www.spreaker.com/podcast/invest-like-the-best--7309953esLeisureCopyright Horror stories and legendshttps://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/226fcc96280f1baddd1d0102aa9cccc0.jpghttps://www.spreaker.com/podcast/invest-like-the-best--7309953Wed, 02 Sep 2026 17:34:46 +0000Horror stories and legendsHorror stories and legendsfeeds@spreaker.comConversations with the best investors and business leaders in the world. We explore their ideas, methods, and stories to help you better invest your time and money. Hear stock market and boardroom insights you can't find anywhere else. If you're a...false516f2074-f6b5-54aa-ad52-a4f6a382180eepisodichttps://www.spreaker.com/episode/she-knows-the-250-people-building-ai-here-s-what-they-actually-believe--74788766
They also explore the race for compute, the future of open-source AI, why America may need compute independence, the rapid progress in robotics, how AI could transform biology and drug discovery, and Sarah’s framework for building conviction before the rest of the market catches up.

Timestamps

0:00 Intro
1:08 Investing Through the AI Boom
5:03 Building Conviction in AI
12:06 What AI Researchers Believe
15:44 Compute, Capital & Robotics
24:03 How Sarah Makes Investments
39:24 The Case for Open Source
49:01 America’s Compute Independence
51:32 AI’s New Investment Markets
59:36 Finding Truth & What’s Next

#InvestLikeTheBest #SarahGuo #ArtificialIntelligence #AI #VentureCapital #Investing #OpenSourceAI #Robotics #Technology #Startups

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2094778132856639489Tue, 01 Sep 2026 12:37:06 +0000Horror stories and legendsSarah Guo is the founder of Conviction and one of the most closely watched investors in AI. In this conversation, Sarah and Patrick discuss what the people at the frontier of AI actually believe, why some researchers think exponential intelligence may...
They also explore the race for compute, the future of open-source AI, why America may need compute independence, the rapid progress in robotics, how AI could transform biology and drug discovery, and Sarah’s framework for building conviction before the rest of the market catches up.

Timestamps

0:00 Intro
1:08 Investing Through the AI Boom
5:03 Building Conviction in AI
12:06 What AI Researchers Believe
15:44 Compute, Capital & Robotics
24:03 How Sarah Makes Investments
39:24 The Case for Open Source
49:01 America’s Compute Independence
51:32 AI’s New Investment Markets
59:36 Finding Truth & What’s Next

#InvestLikeTheBest #SarahGuo #ArtificialIntelligence #AI #VentureCapital #Investing #OpenSourceAI #Robotics #Technology #Startups

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4253falsefullhttps://www.spreaker.com/episode/ex-nvidia-engineer-why-ai-is-about-to-get-1000x-cheaper--74788767
TIMESTAMPS
0:00 Intro
0:38 Building a “Token Factory”
4:21 The Future of Background Agents
13:09 Nvidia and the GPU Stack
23:27 Chips, Memory, and Transformers
36:14 The Future of AI Training Data
44:32 Chip Scarcity and Compute Arbitrage
52:44 Reinventing the AI Data Center
59:01 Power and the “Scavenger Strategy”
1:10:10 Open vs. Closed AI

#ArtificialIntelligence #AIAgents #NVIDIA #AIInfrastructure #InvestLikeTheBest

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2092228676313780226Tue, 25 Aug 2026 12:00:09 +0000Horror stories and legendsNeil Movva, co-founder of Sail Research, joins Patrick to explain why the next era of AI may be defined not by faster chatbots, but by background agents that work autonomously for hours, days, or even weeks—and what it will take to make that...
TIMESTAMPS
0:00 Intro
0:38 Building a “Token Factory”
4:21 The Future of Background Agents
13:09 Nvidia and the GPU Stack
23:27 Chips, Memory, and Transformers
36:14 The Future of AI Training Data
44:32 Chip Scarcity and Compute Arbitrage
52:44 Reinventing the AI Data Center
59:01 Power and the “Scavenger Strategy”
1:10:10 Open vs. Closed AI

#ArtificialIntelligence #AIAgents #NVIDIA #AIInfrastructure #InvestLikeTheBest

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5017falsefullhttps://www.spreaker.com/episode/what-happens-when-the-ai-boom-runs-out-of-money--74788772
#InvestLikeTheBest #BenThompson #ArtificialIntelligence #AI #Investing #Technology #Nvidia #Google

TIMESTAMPS
0:00 Intro
0:59 America and the AI Race
8:26 AI’s Funding Problem
15:31 AI’s Capabilities and Limits
20:30 Aggregation Theory, AI, and Ads
31:10 Compute, TSMC, and Intel
47:31 Amazon and Apple’s AI Moats
54:43 The Frontier AI Players
74:07 Nvidia and Commoditized Intelligence
82:52 What Survives an AI Bubble?

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882345Tue, 18 Aug 2026 12:00:26 +0000Horror stories and legendsBen Thompson joins Invest Like the Best for a wide-ranging conversation about the economics, geopolitics, and business models shaping the AI era. They discuss why overwhelming U.S. dominance in AI could be dangerous, whether the massive AI...
#InvestLikeTheBest #BenThompson #ArtificialIntelligence #AI #Investing #Technology #Nvidia #Google

TIMESTAMPS
0:00 Intro
0:59 America and the AI Race
8:26 AI’s Funding Problem
15:31 AI’s Capabilities and Limits
20:30 Aggregation Theory, AI, and Ads
31:10 Compute, TSMC, and Intel
47:31 Amazon and Apple’s AI Moats
54:43 The Frontier AI Players
74:07 Nvidia and Commoditized Intelligence
82:52 What Survives an AI Bubble?

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5155falsefullhttps://www.spreaker.com/episode/everyone-is-still-undersizing-the-ai-market-eric-vishria--74788769
TIMESTAMPS
0:00 Intro
3:36 What Cloud Teaches Us About AI
12:52 Sierra, Sandcastles, and AI Products
17:35 The New SaaS Competitive Frontier
28:28 AI Demand and the Energy Bottleneck
31:28 The Cerebras Story and AI Chips
45:10 The Future of Robotics
52:53 Eric’s Venture Investing Philosophy
1:07:30 Going Public, AI Value, and Jobs

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882343Tue, 11 Aug 2026 12:00:24 +0000Horror stories and legendsEric Vishria, General Partner at Benchmark, joins Invest Like the Best for a wide-ranging conversation on how AI is reshaping software, infrastructure, and venture investing. He explains why the competitive frontier for SaaS has shifted, why companies...
TIMESTAMPS
0:00 Intro
3:36 What Cloud Teaches Us About AI
12:52 Sierra, Sandcastles, and AI Products
17:35 The New SaaS Competitive Frontier
28:28 AI Demand and the Energy Bottleneck
31:28 The Cerebras Story and AI Chips
45:10 The Future of Robotics
52:53 Eric’s Venture Investing Philosophy
1:07:30 Going Public, AI Value, and Jobs

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4673falsefullhttps://www.spreaker.com/episode/why-the-markets-are-pricing-ai-wrong-gavin-baker--74788775
Timestamps:
0:00 Intro
1:17 AI Selloff vs. Fundamentals
10:20 Financing the AI Buildout
18:18 GPU Prices Keep Rising
24:23 Claude Moves Markets
29:01 What Could Break the Thesis
36:59 The Memory Supply War
42:08 Nvidia’s New Playbook
50:14 China and Open Source
61:51 Data Centers and Regulation
71:11 SpaceX and Orbital Compute

#Investing #AI #Semiconductors #Nvidia #StockMarket #Technology #DataCenters #OpenSource #Finance #VentureCapital #nvidia #stocks #sell #stockmarket

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882310Tue, 04 Aug 2026 12:00:33 +0000Horror stories and legendsIn this episode of Invest Like the Best, Patrick O'Shaughnessy sits down with Gavin Baker to dissect the intense AI and semiconductor market sell-off of July 2026. Describing the period as "2022 packed into a single month," Gavin explains why public...
Timestamps:
0:00 Intro
1:17 AI Selloff vs. Fundamentals
10:20 Financing the AI Buildout
18:18 GPU Prices Keep Rising
24:23 Claude Moves Markets
29:01 What Could Break the Thesis
36:59 The Memory Supply War
42:08 Nvidia’s New Playbook
50:14 China and Open Source
61:51 Data Centers and Regulation
71:11 SpaceX and Orbital Compute

#Investing #AI #Semiconductors #Nvidia #StockMarket #Technology #DataCenters #OpenSource #Finance #VentureCapital #nvidia #stocks #sell #stockmarket

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4725falsefullhttps://www.spreaker.com/episode/sam-altman-on-agi-compute-and-human-agency--74788785
TIMESTAMPS
0:00 Intro
4:10 The Race for Compute
14:24 A Sci-Fi Cyber Incident
16:14 The Promise and Risks of AGI
23:27 How AI Will Change Jobs
29:38 Sam’s Vision for a Personal AI
35:02 Robotics, ChatGPT, and What Comes Next
44:39 The Weight of Leading OpenAI
51:36 OpenAI’s Biggest Lessons

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#SamAltman #OpenAI #ArtificialIntelligence #AGI #AI #FutureOfAI #Technology #Robotics #InvestLikeTheBest]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882325Tue, 28 Jul 2026 12:00:11 +0000Horror stories and legendsSam Altman joins us for a wide-ranging conversation about OpenAI’s next chapter, the race for compute, and what happens as artificial intelligence becomes more powerful, abundant, and embedded across the economy. He explains why OpenAI recently...
TIMESTAMPS
0:00 Intro
4:10 The Race for Compute
14:24 A Sci-Fi Cyber Incident
16:14 The Promise and Risks of AGI
23:27 How AI Will Change Jobs
29:38 Sam’s Vision for a Personal AI
35:02 Robotics, ChatGPT, and What Comes Next
44:39 The Weight of Leading OpenAI
51:36 OpenAI’s Biggest Lessons

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#SamAltman #OpenAI #ArtificialIntelligence #AGI #AI #FutureOfAI #Technology #Robotics #InvestLikeTheBest]]>3348falsefullhttps://www.spreaker.com/episode/why-natural-gas-will-be-ai-s-next-great-shortage--74788777
In June, Matthew wrote a letter to a small group of confidants laying out the full case behind his natural gas forecast. He has allowed us to publish it. You can read the full letter here: https://colossus.com/wp-content/uploads/2026/07/letter-III-got-gas.pdf

TIMESTAMPS
0:00 Intro
1:30 What Drives the Deficit
11:00 Why Supply Can’t Catch Up
20:35 The 2030 Gas Crisis
25:05 Winners and Losers
29:00 Nuclear and Solar
33:30 Consumers Pay the Bill
37:20 AI’s Next Shortage
45:25 Solutions and Global Stakes
51:15 The Coming Gas Knife Fight

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#NaturalGas #ArtificialIntelligence #EnergyMarkets #AIInfrastructure #DataCenters #NuclearEnergy #Investing]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882330Tue, 21 Jul 2026 12:00:38 +0000Horror stories and legendsMatt Smith joins us to explain why the United States may be approaching a historic natural gas shortage—and why the market is not yet pricing it in. After 18 months of bottom-up research across producing basins, pipelines, processing infrastructure,...
In June, Matthew wrote a letter to a small group of confidants laying out the full case behind his natural gas forecast. He has allowed us to publish it. You can read the full letter here: https://colossus.com/wp-content/uploads/2026/07/letter-III-got-gas.pdf

TIMESTAMPS
0:00 Intro
1:30 What Drives the Deficit
11:00 Why Supply Can’t Catch Up
20:35 The 2030 Gas Crisis
25:05 Winners and Losers
29:00 Nuclear and Solar
33:30 Consumers Pay the Bill
37:20 AI’s Next Shortage
45:25 Solutions and Global Stakes
51:15 The Coming Gas Knife Fight

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#NaturalGas #ArtificialIntelligence #EnergyMarkets #AIInfrastructure #DataCenters #NuclearEnergy #Investing]]>3585falsefullhttps://www.spreaker.com/episode/how-to-raise-a-few-billion-dollars--74788791
John argues that money moves at the speed of trust—and that the best fundraisers understand how to increase desire, reduce fear, simplify their story, and build genuine conviction. He shares the three laws of fundraising, explains how General Catalyst built consensus across its investor base, and breaks down why logic alone rarely persuades someone to say yes.

TIMESTAMPS

0:00 Intro
4:07 Starting a Fundraise
10:40 How General Catalyst Built Consensus
16:56 The Three Laws of Fundraising
27:01 The Psychology of Every Sales Meeting
36:49 The Secretary of State Model
46:12 The Inner Game of Fundraising

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882352Tue, 14 Jul 2026 12:00:30 +0000Horror stories and legendsJohn Kim, former chief development officer at General Catalyst and author of The Tao of Fundraising, joins us to explain the psychology, strategy, and human dynamics behind raising capital. John argues that money moves at the speed of trust—and that...
John argues that money moves at the speed of trust—and that the best fundraisers understand how to increase desire, reduce fear, simplify their story, and build genuine conviction. He shares the three laws of fundraising, explains how General Catalyst built consensus across its investor base, and breaks down why logic alone rarely persuades someone to say yes.

TIMESTAMPS

0:00 Intro
4:07 Starting a Fundraise
10:40 How General Catalyst Built Consensus
16:56 The Three Laws of Fundraising
27:01 The Psychology of Every Sales Meeting
36:49 The Secretary of State Model
46:12 The Inner Game of Fundraising

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3094falsefullhttps://www.spreaker.com/episode/everything-in-capital-markets-is-downstream-of-algorithms--74788773
We discuss the billion dollar PDF, why narratives shape capital formation, how the timeline became market infrastructure, why America’s billionaire class may be losing status to the “poaster” class, the hidden philosophers behind Silicon Valley, lessons from the last 18 months in private markets, East Coast versus West Coast finance, Buffett, beating the market, and much more.

TIMESTAMPS
0:00 Intro
5:50 The Billion Dollar PDF
11:31 Algorithms and Power Laws
20:28 Peak Guy
31:19 Opting Out of the Timeline
36:14 AI and White-Collar Jobs
43:31 The Next Era of Finance
53:56 The New Economics of Software
1:03:22 Underwriting Emerging Managers
1:18:17 Silicon Valley’s Hidden Philosophy

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#InvestLikeTheBest #JeremyGiffon #VentureCapital #CapitalMarkets #SiliconValley]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882354Tue, 07 Jul 2026 12:00:22 +0000Horror stories and legendsJeremy Giffon joins us for his second conversation on Invest Like the Best. This episode is a window into one of those conversations about how power, status, capital, and attention are shifting in America. We discuss the billion dollar PDF, why...
We discuss the billion dollar PDF, why narratives shape capital formation, how the timeline became market infrastructure, why America’s billionaire class may be losing status to the “poaster” class, the hidden philosophers behind Silicon Valley, lessons from the last 18 months in private markets, East Coast versus West Coast finance, Buffett, beating the market, and much more.

TIMESTAMPS
0:00 Intro
5:50 The Billion Dollar PDF
11:31 Algorithms and Power Laws
20:28 Peak Guy
31:19 Opting Out of the Timeline
36:14 AI and White-Collar Jobs
43:31 The Next Era of Finance
53:56 The New Economics of Software
1:03:22 Underwriting Emerging Managers
1:18:17 Silicon Valley’s Hidden Philosophy

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#InvestLikeTheBest #JeremyGiffon #VentureCapital #CapitalMarkets #SiliconValley]]>5197falsefullhttps://www.spreaker.com/episode/the-two-harvard-dropouts-who-raised-800m-to-take-on-nvidia--74788802
Three years ago, they were two Harvard dropouts trying to convince skeptics they could build better inference hardware than the largest semiconductor companies on earth. Today, Etched has raised $800M, signed more than $1B in customer contracts, and taped out a working chip designed for the post-ChatGPT era.

We discuss why inference may become the largest market in the world, why Etched built an entire rack instead of just a chip, the technical bets behind low-voltage inference and cluster-scale memory, how they recruited industry legends while still in their twenties, the near-death fundraising moments that almost ended the company, and why the future of AI may belong to whoever can produce the most tokens.



TIMESTAMPS
0:00 Intro
1:00 Why Nobody Believed Etched Would Work
14:06 Why Inference Is the Bottleneck
22:27 Gavin and Rob’s Origin Stories
33:24 Taking Huge Risks to Move Faster
49:43 Kernels, Compilers, and the AI Stack
1:02:08 Raising $100M to Survive
1:16:00 The Future of Models, Agents, and Intelligence


Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#InvestLikeTheBest #Etched #AI #ArtificialIntelligence #AIChips #NVIDIA #Semiconductors #Inference #Compute #AIInfrastructure #DataCenters #Startups #VentureCapital #Hardware #DeepTech]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882314Tue, 30 Jun 2026 15:05:08 +0000Horror stories and legendsGavin Uberti and Robert Wachen, co-founders of Etched, join us to tell the story of building one of the most ambitious AI chip companies in the world. Three years ago, they were two Harvard dropouts trying to convince skeptics they could build...
Three years ago, they were two Harvard dropouts trying to convince skeptics they could build better inference hardware than the largest semiconductor companies on earth. Today, Etched has raised $800M, signed more than $1B in customer contracts, and taped out a working chip designed for the post-ChatGPT era.

We discuss why inference may become the largest market in the world, why Etched built an entire rack instead of just a chip, the technical bets behind low-voltage inference and cluster-scale memory, how they recruited industry legends while still in their twenties, the near-death fundraising moments that almost ended the company, and why the future of AI may belong to whoever can produce the most tokens.



TIMESTAMPS
0:00 Intro
1:00 Why Nobody Believed Etched Would Work
14:06 Why Inference Is the Bottleneck
22:27 Gavin and Rob’s Origin Stories
33:24 Taking Huge Risks to Move Faster
49:43 Kernels, Compilers, and the AI Stack
1:02:08 Raising $100M to Survive
1:16:00 The Future of Models, Agents, and Intelligence


Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc

#InvestLikeTheBest #Etched #AI #ArtificialIntelligence #AIChips #NVIDIA #Semiconductors #Inference #Compute #AIInfrastructure #DataCenters #Startups #VentureCapital #Hardware #DeepTech]]>5552falsefullhttps://www.spreaker.com/episode/investing-a-120-billion-balance-sheet-with-no-outside-investors--74788782
TIMESTAMPS

0:00 Intro
1:15 Liberty Mutual’s $120B Balance Sheet
12:27 Preparing, Not Predicting
18:51 Building a Fortress Balance Sheet
26:13 Immigration and American Agency
34:00 Risk Taking and Craft
40:14 Branded Capital
44:42 Geopolitics and American Power
51:32 AI and Investing
1:06:24 Permanent Capital and Pragmatic Optimism

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882331Tue, 23 Jun 2026 12:00:35 +0000Horror stories and legendsVlad Barbalat is President of Global Risk & Capital Solutions and Chief Investment Officer at Liberty Mutual Insurance, where he helps oversee one of the most unique investment platforms in the world: a $120 billion balance sheet with no...
TIMESTAMPS

0:00 Intro
1:15 Liberty Mutual’s $120B Balance Sheet
12:27 Preparing, Not Predicting
18:51 Building a Fortress Balance Sheet
26:13 Immigration and American Agency
34:00 Risk Taking and Craft
40:14 Branded Capital
44:42 Geopolitics and American Power
51:32 AI and Investing
1:06:24 Permanent Capital and Pragmatic Optimism

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4589falsefullhttps://www.spreaker.com/episode/clay-s-unusual-path-to-building-a-multi-billion-dollar-company--74788793
#KareemAmin #Clay #InvestLikeTheBest #Startups #Entrepreneurship #SaaS #Leadership #Founders #TechStartups #BusinessGrowth

Timestamps
0:00 Giving the Power of Programming to Everyone
8:55 Courage, Truth & Justice
9:16 Capitalism & Risks
19:18 Creating from Wholeness
25:19 The 10-Day Silent Retreat
35:23 Re-Enchanting the World
42:32 Founder's Vision & Death Doulas
53:49 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882339Tue, 16 Jun 2026 14:04:22 +0000Horror stories and legendsIn this episode of Invest Like The Best, Patrick O'Shaughnessy sits down with Kareem Amin, co-founder and CEO of Clay. Kareem shares his unconventional philosophy on building a highly successful software company by creating from a place of "wholeness"...
#KareemAmin #Clay #InvestLikeTheBest #Startups #Entrepreneurship #SaaS #Leadership #Founders #TechStartups #BusinessGrowth

Timestamps
0:00 Giving the Power of Programming to Everyone
8:55 Courage, Truth & Justice
9:16 Capitalism & Risks
19:18 Creating from Wholeness
25:19 The 10-Day Silent Retreat
35:23 Re-Enchanting the World
42:32 Founder's Vision & Death Doulas
53:49 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3611falsefullhttps://www.spreaker.com/episode/why-the-ai-boom-is-just-getting-started--74788781
TIMESTAMPS
0:00 Intro
9:55 AI's L-Curve
19:31 Whale Rock's S-Curve Playbook
26:14 Spotting Inflection Points
32:02 Finding AI Winners
40:04 AI vs Software
48:13 The Hardware Renaissance
58:04 Why Investors Miss AI
1:05:18 Whale Rock's Research Machine

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882334Tue, 09 Jun 2026 12:00:33 +0000Horror stories and legendsAlex Sacerdote is the Founder and Portfolio Manager of Whale Rock Capital Management, where he has spent the past two decades investing through major technology platform shifts. In this episode, Alex walks through Whale Rock’s framework for finding...
TIMESTAMPS
0:00 Intro
9:55 AI's L-Curve
19:31 Whale Rock's S-Curve Playbook
26:14 Spotting Inflection Points
32:02 Finding AI Winners
40:04 AI vs Software
48:13 The Hardware Renaissance
58:04 Why Investors Miss AI
1:05:18 Whale Rock's Research Machine

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4810falsefullhttps://www.spreaker.com/episode/uber-ceo-on-ai-autonomous-vehicles-and-the-future-of-transportation--74788778
TIMESTAMPS

0:00 Intro
3:44 Bringing Order to Uber’s Chaos
7:22 Managing Stress, Immigrant Drive, and Going All In
14:28 Why Uber Is at the Center of AI and the Physical World
22:39 How Uber Plans to Win in Autonomous Vehicles
32:25 The Trillion-Dollar AV Opportunity
37:05 Drones, Robotaxis, and Global Adoption
38:20 Uber Eats, Uber One, and Aggregating Supply
47:00 Hotels, Travel, Marketing, and the Future of the Uber App
55:55 Lessons from Barry Diller, Capital Allocation, and Leadership


#Uber #DaraKhosrowshahi #InvestLikeTheBest #AutonomousVehicles #Robotaxis #ArtificialIntelligence #FutureOfTransportation #UberEats #BusinessStrategy #TechnologyInvesting

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882346Wed, 03 Jun 2026 12:30:05 +0000Horror stories and legendsDara Khosrowshahi, CEO of Uber, joins Invest Like the Best to discuss Uber’s next chapter: the rise of AI, autonomous vehicles, robotaxis, drones, delivery, and the company’s ambition to become the demand aggregator for the physical world. He explains...
TIMESTAMPS

0:00 Intro
3:44 Bringing Order to Uber’s Chaos
7:22 Managing Stress, Immigrant Drive, and Going All In
14:28 Why Uber Is at the Center of AI and the Physical World
22:39 How Uber Plans to Win in Autonomous Vehicles
32:25 The Trillion-Dollar AV Opportunity
37:05 Drones, Robotaxis, and Global Adoption
38:20 Uber Eats, Uber One, and Aggregating Supply
47:00 Hotels, Travel, Marketing, and the Future of the Uber App
55:55 Lessons from Barry Diller, Capital Allocation, and Leadership


#Uber #DaraKhosrowshahi #InvestLikeTheBest #AutonomousVehicles #Robotaxis #ArtificialIntelligence #FutureOfTransportation #UberEats #BusinessStrategy #TechnologyInvesting

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4278falsefullhttps://www.spreaker.com/episode/legendary-investor-dan-loeb-on-ai-credit-third-point-s-25b-strategy--74788801
#Investing #DanLoeb #ThirdPoint #HedgeFunds #StockMarket #VentureCapital #AI #CorporateGovernance #ActivistInvesting #Finance

Timestamps:
0:00 Intro
2:48 Macro Views and Tech Trends
5:13 The Roots of Third Point
10:30 Evolving to Quality and Thematic Investing
19:07 Market Psychology and Inefficiencies
24:10 Good and Bad Corporate Governance
29:19 Activism
31:23 Sotheby's
41:37 AI
44:28 Sony
52:50 Danaher's Operating System
56:31 Building an Insurance Business
59:25 FTX
1:05:17 What Makes a Great Analyst Today
1:07:24 The Next Decade
1:10:00 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882350Thu, 28 May 2026 16:17:35 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Dan Loeb, the legendary investor and founder of Third Point. Dan shares his incredible evolution from a deep-value, event-driven credit investor to a dynamic capital allocator spanning equities, venture capital,...
#Investing #DanLoeb #ThirdPoint #HedgeFunds #StockMarket #VentureCapital #AI #CorporateGovernance #ActivistInvesting #Finance

Timestamps:
0:00 Intro
2:48 Macro Views and Tech Trends
5:13 The Roots of Third Point
10:30 Evolving to Quality and Thematic Investing
19:07 Market Psychology and Inefficiencies
24:10 Good and Bad Corporate Governance
29:19 Activism
31:23 Sotheby's
41:37 AI
44:28 Sony
52:50 Danaher's Operating System
56:31 Building an Insurance Business
59:25 FTX
1:05:17 What Makes a Great Analyst Today
1:07:24 The Next Decade
1:10:00 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4389falsefullhttps://www.spreaker.com/episode/former-dod-advisor-on-iran-china-and-ai-warfare--74788805
Timestamps:
0:00 Intro
1:00 Theaters of War
3:26 Flexible Power vs. Massive Retaliation
5:14 The Dual Nature of Dictatorships
7:43 Positive Propaganda
10:15 The Strait of Hormuz
11:29 Eisenhower and Taylor's Theories of Escalation
16:48 Grading the U.S. Military's Capabilities
18:01 Assessing China's Illegitimacy
19:41 Magazine Depth
23:20 The Inevitable Fall of Totalitarian Regimes
27:07 Peacetime Mobilization
29:06 Takeaways from Ukraine
30:47 The True Risk of a Taiwan Invasion
32:38 The Rise of Neo-Primes
38:20 The Challenge of Political Will and Civil War
44:23 Process vs. Outcome in U.S. Politics
46:43 The Dangers of AI in Military Systems

#Geopolitics #Defense #Tech #MilitaryStrategy #DarrenFarber #USMilitary #China #Iran #NationalSecurity #Investing #ArtificialIntelligence #hormuz

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882307Tue, 26 May 2026 12:00:04 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with former Pentagon official Darren Farber to explore the complex landscape of modern warfare, geopolitics, and US military strategy. Darren shares his unique insights on what it means to "win" against adversaries...
Timestamps:
0:00 Intro
1:00 Theaters of War
3:26 Flexible Power vs. Massive Retaliation
5:14 The Dual Nature of Dictatorships
7:43 Positive Propaganda
10:15 The Strait of Hormuz
11:29 Eisenhower and Taylor's Theories of Escalation
16:48 Grading the U.S. Military's Capabilities
18:01 Assessing China's Illegitimacy
19:41 Magazine Depth
23:20 The Inevitable Fall of Totalitarian Regimes
27:07 Peacetime Mobilization
29:06 Takeaways from Ukraine
30:47 The True Risk of a Taiwan Invasion
32:38 The Rise of Neo-Primes
38:20 The Challenge of Political Will and Civil War
44:23 Process vs. Outcome in U.S. Politics
46:43 The Dangers of AI in Military Systems

#Geopolitics #Defense #Tech #MilitaryStrategy #DarrenFarber #USMilitary #China #Iran #NationalSecurity #Investing #ArtificialIntelligence #hormuz

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3072falsefullhttps://www.spreaker.com/episode/watts-wafers-and-the-future-of-ai-infra-gavin-baker--74788783
#Investing #ArtificialIntelligence #TechStocks #Nvidia #OpenAI #Semiconductors #VentureCapital #SpaceX #AGI #StockMarket

Timestamps:
0:00 Intro
7:55 Anthropic and OpenAI Valuations
12:58 Watts, Wafers, and Infrastructure
14:39 Orbital Compute and Data Centers in Space
22:49 Avoiding the AI Bubble
28:26 Terafab and the Future of US Manufacturing
32:16 Returns to the Frontier
37:23 Continual Learning
42:03 New Chip Companies
48:52 Extending GPU Lifespans and Private Credit
51:22 The Application Layer
57:32 The Token Path and Open-Source Dynamics
1:01:37 Cybersecurity
1:05:46 Diversity Breakdown
1:11:59 Assessing the Big Tech Players in AI
1:19:02 Geopolitics, Personal Safety, and the AI Horizon

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882321Wed, 20 May 2026 12:00:40 +0000Horror stories and legendsIn this episode of Invest Like The Best, Patrick O'Shaughnessy is joined by Gavin Baker to dissect the unprecedented AI technology boom. Gavin explains why recent growth from companies like Anthropic represents the most extraordinary moment in the...
#Investing #ArtificialIntelligence #TechStocks #Nvidia #OpenAI #Semiconductors #VentureCapital #SpaceX #AGI #StockMarket

Timestamps:
0:00 Intro
7:55 Anthropic and OpenAI Valuations
12:58 Watts, Wafers, and Infrastructure
14:39 Orbital Compute and Data Centers in Space
22:49 Avoiding the AI Bubble
28:26 Terafab and the Future of US Manufacturing
32:16 Returns to the Frontier
37:23 Continual Learning
42:03 New Chip Companies
48:52 Extending GPU Lifespans and Private Credit
51:22 The Application Layer
57:32 The Token Path and Open-Source Dynamics
1:01:37 Cybersecurity
1:05:46 Diversity Breakdown
1:11:59 Assessing the Big Tech Players in AI
1:19:02 Geopolitics, Personal Safety, and the AI Horizon

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4931falsefullhttps://www.spreaker.com/episode/inside-anthropic-s-100-billion-al-compute-commitment-cfo-krishna-rao--74788804
#Anthropic #AI #ArtificialIntelligence #Investing #Technology #Claude #Compute #MachineLearning #VentureCapital #Finance

Timestamps:
0:00 Intro
2:38 The Compute Canvas
6:51 The "Cone of Uncertainty" in AI Growth
11:58 Why the Returns to Frontier Intelligence Are So High
16:45 Recursive Self-Improvement
20:20 Scaling Laws
23:30 Sourcing $100 Billion in Compute
28:05 Platform vs. Application Strategy
32:52 Pricing Dynamics
38:48 How Anthropic’s Finance Team Uses Claude
43:24 Raising Capital & Overcoming Investor Skepticism
52:32 Public Perception, Risks, and Government Regulation
57:25 Mythos
1:12:33 What Could Derail the AI Revolution?
1:13:47 Biotech and Healthcare
1:15:31 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882315Wed, 13 May 2026 12:01:40 +0000Horror stories and legendsIn this episode of Invest Like The Best, Patrick O'Shaughnessy sits down with Anthropic CFO Krishna Rao for a fascinating look inside one of the fastest-growing AI companies in the world. Krishna reveals what it takes to manage the lifeblood of...
#Anthropic #AI #ArtificialIntelligence #Investing #Technology #Claude #Compute #MachineLearning #VentureCapital #Finance

Timestamps:
0:00 Intro
2:38 The Compute Canvas
6:51 The "Cone of Uncertainty" in AI Growth
11:58 Why the Returns to Frontier Intelligence Are So High
16:45 Recursive Self-Improvement
20:20 Scaling Laws
23:30 Sourcing $100 Billion in Compute
28:05 Platform vs. Application Strategy
32:52 Pricing Dynamics
38:48 How Anthropic’s Finance Team Uses Claude
43:24 Raising Capital & Overcoming Investor Skepticism
52:32 Public Perception, Risks, and Government Regulation
57:25 Mythos
1:12:33 What Could Derail the AI Revolution?
1:13:47 Biotech and Healthcare
1:15:31 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4924falsefullhttps://www.spreaker.com/episode/how-brian-chesky-is-redesigning-airbnb-for-the-ai-era--74788789
#brianchesky #Airbnb #FounderMode #Leadership #Entrepreneurship #Tech #CEO #ArtificialIntelligence #Investing #Business #Growth #designthinking

Timestamps:
0:00 Intro
1:00 Studying Industrial Design
11:33 AI Founder Mode
17:02 Lack of Consumer AI Companies
22:10 Small Teams and Focused Problems
30:52 The Evolution from Founder to CEO
38:13 The 11-Star Experience
41:07 AI as a Canvas for Creativity
48:17 Detaching from Success
53:12 Founder-Led Moats
58:34 The Next Chapter of Airbnb
1:03:08 What Endures in the Age of AI
1:06:43 Lessons from Bodybuilding
1:10:20 The CEO's No. 1 Job
1:17:01 Activating Talent
1:20:39 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882326Tue, 05 May 2026 12:01:17 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Airbnb CEO Brian Chesky to explore the critical shift from "Founder Mode" to "CEO Mode." Brian opens up about his journey from an industrial design student to leading a generational tech company, sharing the...
#brianchesky #Airbnb #FounderMode #Leadership #Entrepreneurship #Tech #CEO #ArtificialIntelligence #Investing #Business #Growth #designthinking

Timestamps:
0:00 Intro
1:00 Studying Industrial Design
11:33 AI Founder Mode
17:02 Lack of Consumer AI Companies
22:10 Small Teams and Focused Problems
30:52 The Evolution from Founder to CEO
38:13 The 11-Star Experience
41:07 AI as a Canvas for Creativity
48:17 Detaching from Success
53:12 Founder-Led Moats
58:34 The Next Chapter of Airbnb
1:03:08 What Endures in the Age of AI
1:06:43 Lessons from Bodybuilding
1:10:20 The CEO's No. 1 Job
1:17:01 Activating Talent
1:20:39 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5009falsefullhttps://www.spreaker.com/episode/legendary-trader-paul-tudor-jones-on-ai-risk-bubbles-and-buffett--74788812
Timestamps:

0:00 Intro
1:00 The Kindest Thing (first)
11:50 Aim High and Shoot Straight
13:19 Trading vs. Investing
17:33 Riding the Trend
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness

#PaulTudorJones #Investing #Trading #Macroeconomics #Finance #Business #AI #Philanthropy #Markets #Leadership

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882313Tue, 28 Apr 2026 12:01:00 +0000Horror stories and legendsLegendary investor Paul Tudor Jones joins Patrick to discuss his 50-year career in markets and his philosophy on life. Paul contrasts the intense life of a trader with that of a long-term investor, sharing lessons from the 1987 crash, the 1980 silver...
Timestamps:

0:00 Intro
1:00 The Kindest Thing (first)
11:50 Aim High and Shoot Straight
13:19 Trading vs. Investing
17:33 Riding the Trend
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness

#PaulTudorJones #Investing #Trading #Macroeconomics #Finance #Business #AI #Philanthropy #Markets #Leadership

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4276falsefullhttps://www.spreaker.com/episode/the-supply-and-demand-of-ai-tokens-dylan-patel-interview--74788815
Timestamps:
0:00 Intro
1:00 Surging AI Spend
10:27 Token Demand
16:21 When Ideas Are Cheap and Execution is Easy
20:46 Model Hoarding
22:34 Robotics
27:03 The Compute Bottleneck
30:26 The AI Permanent Underclass
31:39 Supply Chain Reality
37:47 CPUs
42:54 Predictions: Public Backlash

#AI #Investing #Semiconductors #Anthropic #OpenAI #GPUs #TechTrends #FutureOfWork #MachineLearning #SemiAnalysis

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882333Thu, 23 Apr 2026 12:00:39 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Dylan Patel, founder of SemiAnalysis, to explore the explosive supply and demand dynamics of the AI revolution. Dylan shares how his firm's token spend skyrocketed to $7 million a year, completely transforming...
Timestamps:
0:00 Intro
1:00 Surging AI Spend
10:27 Token Demand
16:21 When Ideas Are Cheap and Execution is Easy
20:46 Model Hoarding
22:34 Robotics
27:03 The Compute Bottleneck
30:26 The AI Permanent Underclass
31:39 Supply Chain Reality
37:47 CPUs
42:54 Predictions: Public Backlash

#AI #Investing #Semiconductors #Anthropic #OpenAI #GPUs #TechTrends #FutureOfWork #MachineLearning #SemiAnalysis

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>2734falsefullhttps://www.spreaker.com/episode/glp-1s-peptides-and-the-trillion-dollar-health-revolution--74788774
We cover why GLP-1s may be the first real proof that medicine is shifting from reactive care to proactive prevention, why oral drugs could unlock massive adoption, and how a modern “health stack” could add years to our lives. We also discuss PCSK9 inhibitors, Alzheimer’s, cancer screening, peptides, citizen pharmacology, and the future of AI in medicine. This is a fascinating look at where healthcare is going and what it could mean for all of us. Please enjoy this conversation with Alex Karnal.

TIMESTAMPS:
0:00 Intro
1:00 The State of Modern Medicine
5:00 Designing the Modern Health Stack
12:17 The GLP-1 Inflection Point
19:18 The Biological Mechanisms of GLP-1
30:36 Overcoming Frictions in Healthcare
34:19 Cardiovascular Disease
44:04 Addressing Alzheimer's
47:04 The Future of Cancer
57:33 Drug Discovery
1:05:25 AI and Scientific Super Intelligence
1:14:40 Citizen Pharmacology and the Peptide Movement
1:18:13 Background and Career Journey
1:31:09 Braidwell's Investment Approach
1:33:30 The Kindest Thing

#Biotech #Healthcare #Investing #GLP1 #Longevity #Medicine #ArtificialIntelligence #DrugDiscovery #VentureCapital #HealthStack

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882342Tue, 21 Apr 2026 12:00:58 +0000Horror stories and legendsIn this episode of Invest like the Best, we're joined by Alex Karnal, founder of Braidwell and one of the sharpest minds in biotech investing. Alex believes we are entering a trillion-dollar health revolution — one driven by GLP-1s, preventive...
We cover why GLP-1s may be the first real proof that medicine is shifting from reactive care to proactive prevention, why oral drugs could unlock massive adoption, and how a modern “health stack” could add years to our lives. We also discuss PCSK9 inhibitors, Alzheimer’s, cancer screening, peptides, citizen pharmacology, and the future of AI in medicine. This is a fascinating look at where healthcare is going and what it could mean for all of us. Please enjoy this conversation with Alex Karnal.

TIMESTAMPS:
0:00 Intro
1:00 The State of Modern Medicine
5:00 Designing the Modern Health Stack
12:17 The GLP-1 Inflection Point
19:18 The Biological Mechanisms of GLP-1
30:36 Overcoming Frictions in Healthcare
34:19 Cardiovascular Disease
44:04 Addressing Alzheimer's
47:04 The Future of Cancer
57:33 Drug Discovery
1:05:25 AI and Scientific Super Intelligence
1:14:40 Citizen Pharmacology and the Peptide Movement
1:18:13 Background and Career Journey
1:31:09 Braidwell's Investment Approach
1:33:30 The Kindest Thing

#Biotech #Healthcare #Investing #GLP1 #Longevity #Medicine #ArtificialIntelligence #DrugDiscovery #VentureCapital #HealthStack

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5897falsefullhttps://www.spreaker.com/episode/from-spacex-to-founders-fund-to-solving-america-s-nuclear-fuel-problem--74788787
#Investing #FoundersFund #SpaceX #NuclearEnergy #Startups #PeterThiel #Hardware #VentureCapital #Energy #DataCenters

Timestamps:
0:00 Intro
1:00 Frameworks for Finding Important Problems
6:18 Lessons from Peter Thiel: Avoiding Trends
9:32 Spotting Underappreciated Companies
21:46 The Danger of Falling in Love with Ideas
25:12 Discovering the Nuclear Energy Bottleneck
30:44 Why America Needs to Vertically Integrate
34:37 Energy Production as a Proxy for Prosperity
37:55 AI, Data Centers, and the Energy Squeeze
41:39 The First Principles Case for Nuclear Power
45:41 Advanced Nuclear Reactors
49:27 The Bring Your Own Energy (BYOE) Concept
53:45 Navigating America's Nuclear Fuel Cliffs
1:07:21 Building an Engineering-Driven Hardware Company
1:15:32 The Trade-offs Between Investing and Operating
1:18:00 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882353Tue, 14 Apr 2026 12:01:22 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Scott Nolan, Founder and CEO of General Matter, Partner at Founders Fund, and early SpaceX engineer. Scott shares his fascinating career journey, from building rocket engines at an early-stage SpaceX to joining...
#Investing #FoundersFund #SpaceX #NuclearEnergy #Startups #PeterThiel #Hardware #VentureCapital #Energy #DataCenters

Timestamps:
0:00 Intro
1:00 Frameworks for Finding Important Problems
6:18 Lessons from Peter Thiel: Avoiding Trends
9:32 Spotting Underappreciated Companies
21:46 The Danger of Falling in Love with Ideas
25:12 Discovering the Nuclear Energy Bottleneck
30:44 Why America Needs to Vertically Integrate
34:37 Energy Production as a Proxy for Prosperity
37:55 AI, Data Centers, and the Energy Squeeze
41:39 The First Principles Case for Nuclear Power
45:41 Advanced Nuclear Reactors
49:27 The Bring Your Own Energy (BYOE) Concept
53:45 Navigating America's Nuclear Fuel Cliffs
1:07:21 Building an Engineering-Driven Hardware Company
1:15:32 The Trade-offs Between Investing and Operating
1:18:00 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5062falsefullhttps://www.spreaker.com/episode/what-100-years-of-american-finance-tells-us-about-today--74788779
Timestamps:
0:00 Intro
13:48 The Rise of Private Capital
16:29 The Factory Model
22:19 The Wealth Channel
30:53 Asset-Liability Mismatches
44:17 AI & Creative Destruction
47:30 Personal Organization System
54:02 Career Eras & Success
59:19 Face the Tiger

#Investing #PrivateCredit #Finance #AlanWaxman #SixthStreet #PrivateEquity #Economics #WealthManagement #Productivity #Podcast

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091631695670882316Wed, 08 Apr 2026 12:00:12 +0000Horror stories and legendsIn this episode of Invest Like The Best, Patrick O'Shaughnessy is joined by Alan Waxman, CEO of Sixth Street Partners. Alan dives deep into the evolution of the American financial system, explaining the historical guardrails and incentives that led to...
Timestamps:
0:00 Intro
13:48 The Rise of Private Capital
16:29 The Factory Model
22:19 The Wealth Channel
30:53 Asset-Liability Mismatches
44:17 AI & Creative Destruction
47:30 Personal Organization System
54:02 Career Eras & Success
59:19 Face the Tiger

#Investing #PrivateCredit #Finance #AlanWaxman #SixthStreet #PrivateEquity #Economics #WealthManagement #Productivity #Podcast

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3995falsefullhttps://www.spreaker.com/episode/world-s-top-researcher-on-ai-llms-and-robot-intelligence--74788780
#robotics #AI #machinelearning #physicalintelligence #automation #futuretech #deeplearning #techinvesting #investlikethebest #sergeylevine

Timestamps:
0:00 Intro
2:39 Defining Physical Intelligence
5:19 The Challenge of Building General Models
6:34 The Stakes and Future of General Purpose Robotics
8:15 Pros and Cons of Humanoid Robots
10:12 Historical Milestones in Robotics Research
15:31 Combining Generative AI and Deep RL
21:24 Moravec's Paradox
25:33 Kitchen Robots
29:30 Simulation vs. Real-World Data
30:48 The Robot Olympics
36:31 The Physiological Reality of Embodiment
38:56 Controversies in the Robotics Community
44:18 What Makes a Great Researcher
48:27 How Businesses Should Prepare for Robotics
54:09 Tracking Progress Through Research Papers
57:02 The Next Step: Mid-Level Reasoning
1:02:00 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817922Tue, 31 Mar 2026 12:00:55 +0000Horror stories and legendsSergey Levine, co-founder of Physical Intelligence, joins the show to discuss the frontier of general-purpose robotics. Unlike traditional robots designed for specific tasks, Levine is building foundation models that enable robots to understand and...
#robotics #AI #machinelearning #physicalintelligence #automation #futuretech #deeplearning #techinvesting #investlikethebest #sergeylevine

Timestamps:
0:00 Intro
2:39 Defining Physical Intelligence
5:19 The Challenge of Building General Models
6:34 The Stakes and Future of General Purpose Robotics
8:15 Pros and Cons of Humanoid Robots
10:12 Historical Milestones in Robotics Research
15:31 Combining Generative AI and Deep RL
21:24 Moravec's Paradox
25:33 Kitchen Robots
29:30 Simulation vs. Real-World Data
30:48 The Robot Olympics
36:31 The Physiological Reality of Embodiment
38:56 Controversies in the Robotics Community
44:18 What Makes a Great Researcher
48:27 How Businesses Should Prepare for Robotics
54:09 Tracking Progress Through Research Papers
57:02 The Next Step: Mid-Level Reasoning
1:02:00 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4516falsefullhttps://www.spreaker.com/episode/why-now-is-the-best-time-to-buy-public-software-companies--74788788
Timestamps:
0:00 Intro
1:00 The Hierarchy of BS
2:20 Lessons From 10,000 Cold Calls
9:05 Base Hits vs. Grand Slams
15:24 The 8 Buying Criteria
17:24 Pricing and the AI Exit Multiple Trap
19:24 Software as a Game of Distribution
23:20 Creative Deal Structuring
26:27 The Framework for Focus
29:01 The Art of the Investigative Cold Call
34:24 Culture of Hustle
35:34 The Annual One-on-One Process
37:59 Playing to Strengths
39:43 The Mount Rushmore of Investment Machines
42:05 Fears and Excitement Around AI
48:54 Ski Racing
52:29 Advice for Starting a Firm
54:35 The Kindest Thing

#investing #business #venturecapital #growthequity #finance #software #startups #entrepreneurship #leadedge #patrickoshaughnessy

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817931Tue, 24 Mar 2026 12:00:03 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Mitchell Green, Founder of Lead Edge Capital, to discuss building an investment firm focused on consistency rather than moonshots. Mitchell breaks down Lead Edge’s unique model, which leverages a network of over...
Timestamps:
0:00 Intro
1:00 The Hierarchy of BS
2:20 Lessons From 10,000 Cold Calls
9:05 Base Hits vs. Grand Slams
15:24 The 8 Buying Criteria
17:24 Pricing and the AI Exit Multiple Trap
19:24 Software as a Game of Distribution
23:20 Creative Deal Structuring
26:27 The Framework for Focus
29:01 The Art of the Investigative Cold Call
34:24 Culture of Hustle
35:34 The Annual One-on-One Process
37:59 Playing to Strengths
39:43 The Mount Rushmore of Investment Machines
42:05 Fears and Excitement Around AI
48:54 Ski Racing
52:29 Advice for Starting a Firm
54:35 The Kindest Thing

#investing #business #venturecapital #growthequity #finance #software #startups #entrepreneurship #leadedge #patrickoshaughnessy

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3639falsefullhttps://www.spreaker.com/episode/how-to-bet-on-yourself-without-venture-capital--74788811
Timestamps:
0:00 Intro
9:19 Emerging Markets
14:03 Silicon Valley's Elite Consensus Problem
16:03 Rejecting the VC Hamster Wheel
21:45 Equity and Liquidity
26:03 Funding a Bank
29:45 The Necessity of Extreme Founder Risk
37:18 Finding Leverage
45:20 Longevity and Profitability in Banking
48:46 Matching Your Capital Structure to Your Business
51:44 The Unseen Power of the US Dollar
1:02:30 How AI Will Transform Legacy Banks
1:09:23 The Kindest Thing

#investing #business #founder #fintech #banking #startups #siliconvalley #risk #entrepreneurship #finance

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817963Tue, 17 Mar 2026 12:01:13 +0000Horror stories and legendsWilliam Hockey, co-founder of Plaid and founder of Column, joins the show to discuss building the global operating system for the US dollar. Unlike the typical Silicon Valley playbook, William funded Column entirely with his own to avoid the "hamster...
Timestamps:
0:00 Intro
9:19 Emerging Markets
14:03 Silicon Valley's Elite Consensus Problem
16:03 Rejecting the VC Hamster Wheel
21:45 Equity and Liquidity
26:03 Funding a Bank
29:45 The Necessity of Extreme Founder Risk
37:18 Finding Leverage
45:20 Longevity and Profitability in Banking
48:46 Matching Your Capital Structure to Your Business
51:44 The Unseen Power of the US Dollar
1:02:30 How AI Will Transform Legacy Banks
1:09:23 The Kindest Thing

#investing #business #founder #fintech #banking #startups #siliconvalley #risk #entrepreneurship #finance

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4633falsefullhttps://www.spreaker.com/episode/how-ai-is-changing-warfare-palantir-cto--74788792
#Palantir #ShyamSankar #Technology #Investing #DefenseTech #Manufacturing #Innovation #Engineering #AI #Leadership #mobilize

Timestamps:
0:00 Intro
2:23 Defining Heretics in US Military History
8:36 Shyam’s Personal Disagreeableness
9:49 Formative Experiences & Worldview
12:52 What Makes America Exceptional
14:48 What Does Greatness Mean?
15:33 Alex Karp
16:46 How to Unlock Talent
19:21 Identifying Superpowers and Kryptonite
22:54 The Gamma Ray Moment
25:00 Palantir's Next 10 Years
27:03 Forward Deployed Engineering
33:40 Explaining What Palantir Is
37:50 Military vs. Commercial Customers
39:00 The State of the US Military Today
47:01 How to Re-Industrialize America
51:06 Perspective on China as an Adversary
56:17 How to Get More Heretics in Government
1:03:53 Managing Rapid Pivots & Momentum
1:08:48 Where Will AI Value Accrue?
1:13:33 Reasserting the Legitimacy of Institutions
1:15:54 To Do or To Be?
1:16:31 Reflecting on Fatherhood
1:17:34 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817933Tue, 10 Mar 2026 12:00:32 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Shyam Sankar, CTO of Palantir Technologies, to discuss the critical role of "heretics" in driving American innovation and military success. Shyam shares Palantir's unique approach to unlocking extreme talent...
#Palantir #ShyamSankar #Technology #Investing #DefenseTech #Manufacturing #Innovation #Engineering #AI #Leadership #mobilize

Timestamps:
0:00 Intro
2:23 Defining Heretics in US Military History
8:36 Shyam’s Personal Disagreeableness
9:49 Formative Experiences & Worldview
12:52 What Makes America Exceptional
14:48 What Does Greatness Mean?
15:33 Alex Karp
16:46 How to Unlock Talent
19:21 Identifying Superpowers and Kryptonite
22:54 The Gamma Ray Moment
25:00 Palantir's Next 10 Years
27:03 Forward Deployed Engineering
33:40 Explaining What Palantir Is
37:50 Military vs. Commercial Customers
39:00 The State of the US Military Today
47:01 How to Re-Industrialize America
51:06 Perspective on China as an Adversary
56:17 How to Get More Heretics in Government
1:03:53 Managing Rapid Pivots & Momentum
1:08:48 Where Will AI Value Accrue?
1:13:33 Reasserting the Legitimacy of Institutions
1:15:54 To Do or To Be?
1:16:31 Reflecting on Fatherhood
1:17:34 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5350falsefullhttps://www.spreaker.com/episode/the-world-s-greatest-energy-trader-on-markets-china-and-ai--74788818
#investing #energy #china #trading #economics #ai #business #nuclear #philanthropy #innovation


Timestamps:
0:00 intro
0:45 China’s Rapid Transformation
3:53 Lessons from the Chinese EV Market
6:12 Robotics
11:22 The Discipline of an Elite Trader
15:42 Leveraging Scale and Proprietary Data
17:36 Lessons from the Baseball Cards
21:15 Trading Natural Gas and Market Dynamics
25:34 Innovation in the Modern Energy Sector
27:02 High-Level Goals of the U.S. Energy System
32:59 Overcoming NIMBYism
36:10 The Challenges of U.S. Transmission Lines
37:55 The Future of Nuclear, Fusion, and SMRs
44:00 The Economics of Solar and Battery Storage
48:28 Data Center Demand
50:28 Housing Reform
53:32 Rethinking the Role of Philanthropic Foundations
57:05 Improving the Criminal Justice System
1:01:58 Privacy and Security
1:05:03 Education and Life Outcomes
1:06:41 The Promise and Pitfalls of EdTech and AI
1:09:12 Identifying Market Failures in Healthcare
1:12:10 The Role of Regulation Across Different Systems
1:14:06 Journalism as the Fourth Estate
1:16:41 The Kindness of Hard Truths

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817976Wed, 04 Mar 2026 13:01:32 +0000Horror stories and legendsPatrick O'Shaughnessy interviews legendary energy trader and philanthropist John Arnold. John shares eye-opening insights from his recent trip to China, contrasting their manufacturing speed and robotics innovation with the West. They dive deep into...
#investing #energy #china #trading #economics #ai #business #nuclear #philanthropy #innovation


Timestamps:
0:00 intro
0:45 China’s Rapid Transformation
3:53 Lessons from the Chinese EV Market
6:12 Robotics
11:22 The Discipline of an Elite Trader
15:42 Leveraging Scale and Proprietary Data
17:36 Lessons from the Baseball Cards
21:15 Trading Natural Gas and Market Dynamics
25:34 Innovation in the Modern Energy Sector
27:02 High-Level Goals of the U.S. Energy System
32:59 Overcoming NIMBYism
36:10 The Challenges of U.S. Transmission Lines
37:55 The Future of Nuclear, Fusion, and SMRs
44:00 The Economics of Solar and Battery Storage
48:28 Data Center Demand
50:28 Housing Reform
53:32 Rethinking the Role of Philanthropic Foundations
57:05 Improving the Criminal Justice System
1:01:58 Privacy and Security
1:05:03 Education and Life Outcomes
1:06:41 The Promise and Pitfalls of EdTech and AI
1:09:12 Identifying Market Failures in Healthcare
1:12:10 The Role of Regulation Across Different Systems
1:14:06 Journalism as the Fourth Estate
1:16:41 The Kindness of Hard Truths

Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4979falsefullhttps://www.spreaker.com/episode/inside-dan-sundheim-s-bets-on-anthropic-openai-and-spacex--74788797
Timestamps:
0:00 Intro
1:05 Public vs. Private Markets
9:10 LLMs as a Business Model
23:23 The Future of Hyperscalers
27:45 AI's Impact on Traditional Software
36:31 Surviving the GameStop Short Squeeze
49:54 Big Private Bets: Rivian and SpaceX
54:26 The Art of Short Selling
1:04:28 Early Career
1:17:11 Geopolitics and the Semiconductor Collision Course
1:22:05 Traits of Great Leadership
1:23:20 The Kindest Thing

#investing #hedgefund #D1Capital #DanSundheim #AI #SpaceX #stocks #finance #business #privateequity

Presented by Ramp:
https://ramp.com/

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817943Tue, 24 Feb 2026 13:01:31 +0000Horror stories and legendsPatrick sits down with Dan Sundheim, Founder and CIO of D1 Capital Partners. They discuss Dan’s unique path from anonymous posting on Value Investors Club to managing one of the world's top crossover funds. The conversation covers the distinct...
Timestamps:
0:00 Intro
1:05 Public vs. Private Markets
9:10 LLMs as a Business Model
23:23 The Future of Hyperscalers
27:45 AI's Impact on Traditional Software
36:31 Surviving the GameStop Short Squeeze
49:54 Big Private Bets: Rivian and SpaceX
54:26 The Art of Short Selling
1:04:28 Early Career
1:17:11 Geopolitics and the Semiconductor Collision Course
1:22:05 Traits of Great Leadership
1:23:20 The Kindest Thing

#investing #hedgefund #D1Capital #DanSundheim #AI #SpaceX #stocks #finance #business #privateequity

Presented by Ramp:
https://ramp.com/

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5211falsefullhttps://www.spreaker.com/episode/the-secretive-pe-firm-behind-burger-king-tim-hortons-skechers-and-hunter-douglas-3g-capital--74788826
3G has built one of the most distinctive firms in investing around a simple idea: there are only a handful of truly great businesses and even fewer great CEOs. Their model is to raise capital with the intention of making just one investment per fund, commit meaningful amounts of their own money alongside their partners, and focus all of their time and best people on that single opportunity.

What sets them apart is that they come to investing as operators. Alex previously ran the largest railroad in Latin America, and Daniel served as CEO of Burger King, and many of their partners have spent years as CEOs, CFOs, or senior operators inside complex organizations.

Their approach has produced a series of iconic deals, including Burger King, Tim Hortons, Hunter Douglas, and Skechers. Along the way, they have also become known for developing talent early, giving young leaders real responsibility and ownership, and holding an unusually high bar.

Please enjoy this great conversation with Alex and Daniel.

Timestamps
00:00:00 Episode Intro: Daniel Schwartz & Alex Behring
00:01:20 The “One Investment Per Fund” Model
00:05:39 Great Businesses Own the Relationship With Their Customers
00:08:40 The Unique Structure of 3G Capital
00:14:21 Why Hunter Douglas Was Appealing
00:20:15 Forged in Fire: Alex’s Railroad Story
00:22:53 The Efficiency Playbook: Ownership is Key
00:26:43 Centralize the What, Decentralize the How
00:28:12 The “Burger King is Run by Children” Story
00:30:38 Negotiating with Tim Hortons: A Complicated Endeavor
00:36:56 Never Compromise on Quality
00:38:18 Talent Over Tenure
00:43:39 Be Wired for Urgency
00:46:43 3G’s Operating System: Clear Communication & Transparency
00:47:47 What People Get Wrong About Incentives
00:50:43 How 3G Recruits
00:52:32 When a Brand is Bigger than the Business
00:55:35 Why Burger King Was Undervalued
00:59:43 From Zero to $2 Billion in France
01:01:42 Kraft Heinz: A Case Study in Concentration Risk
01:04:25 Skechers: Great Product Meets Great Distribution
01:11:25 Finding Forever Businesses
01:13:10 Zero-Based Budgeting & When It Works
01:16:28 The Current State of Capital Markets
01:18:41 How Daniel & Alex View Technology
01:20:41 Misconceptions About 3G
01:23:04 3G’s Founder-Led Focus
01:24:31 Characteristics of Businesses Built for the Long-Term
01:27:19 The Power of Patience
01:28:57 The Kindest Thing

******
After the episode, I highly recommend you read our in-depth ⁠profile⁠ on 3G Capital at Colossus.com. They gave our managing editor Dom Cooke unprecedented access and the outcome is an excellent profile about the fifty year history of 3G and how the model began with Jorge Paulo Lemann in Brazil.

Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠Colossus.com/subscribe⁠.

******
Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817927Tue, 10 Feb 2026 04:40:15 +0000Horror stories and legendsAlex Behring and Daniel Schwartz, Co-Managing Partners of 3G Capital, join Patrick for one of the most detailed public conversations they’ve ever had about how 3G actually works. 3G has built one of the most distinctive firms in investing around a...
3G has built one of the most distinctive firms in investing around a simple idea: there are only a handful of truly great businesses and even fewer great CEOs. Their model is to raise capital with the intention of making just one investment per fund, commit meaningful amounts of their own money alongside their partners, and focus all of their time and best people on that single opportunity.

What sets them apart is that they come to investing as operators. Alex previously ran the largest railroad in Latin America, and Daniel served as CEO of Burger King, and many of their partners have spent years as CEOs, CFOs, or senior operators inside complex organizations.

Their approach has produced a series of iconic deals, including Burger King, Tim Hortons, Hunter Douglas, and Skechers. Along the way, they have also become known for developing talent early, giving young leaders real responsibility and ownership, and holding an unusually high bar.

Please enjoy this great conversation with Alex and Daniel.

Timestamps
00:00:00 Episode Intro: Daniel Schwartz & Alex Behring
00:01:20 The “One Investment Per Fund” Model
00:05:39 Great Businesses Own the Relationship With Their Customers
00:08:40 The Unique Structure of 3G Capital
00:14:21 Why Hunter Douglas Was Appealing
00:20:15 Forged in Fire: Alex’s Railroad Story
00:22:53 The Efficiency Playbook: Ownership is Key
00:26:43 Centralize the What, Decentralize the How
00:28:12 The “Burger King is Run by Children” Story
00:30:38 Negotiating with Tim Hortons: A Complicated Endeavor
00:36:56 Never Compromise on Quality
00:38:18 Talent Over Tenure
00:43:39 Be Wired for Urgency
00:46:43 3G’s Operating System: Clear Communication & Transparency
00:47:47 What People Get Wrong About Incentives
00:50:43 How 3G Recruits
00:52:32 When a Brand is Bigger than the Business
00:55:35 Why Burger King Was Undervalued
00:59:43 From Zero to $2 Billion in France
01:01:42 Kraft Heinz: A Case Study in Concentration Risk
01:04:25 Skechers: Great Product Meets Great Distribution
01:11:25 Finding Forever Businesses
01:13:10 Zero-Based Budgeting & When It Works
01:16:28 The Current State of Capital Markets
01:18:41 How Daniel & Alex View Technology
01:20:41 Misconceptions About 3G
01:23:04 3G’s Founder-Led Focus
01:24:31 Characteristics of Businesses Built for the Long-Term
01:27:19 The Power of Patience
01:28:57 The Kindest Thing

******
After the episode, I highly recommend you read our in-depth ⁠profile⁠ on 3G Capital at Colossus.com. They gave our managing editor Dom Cooke unprecedented access and the outcome is an excellent profile about the fifty year history of 3G and how the model began with Jorge Paulo Lemann in Brazil.

Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠Colossus.com/subscribe⁠.

******
Presented by Ramp:
https://ramp.com/invest

Sponsored by Vanta, WorkOS, Rogo, and Ridgeline:
https://www.vanta.com/invest
https://workos.com/
https://rogo.ai/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5432falsefullhttps://www.spreaker.com/episode/why-the-laws-of-startup-physics-have-changed-ben-horowitz-interview--74788825
#a16z #venturecapital #ai #benhorowitz #technology #business #leadership #startups #investing #siliconvalley

Timestamps:
0:00 Intro
1:00 The US Tech Advantage
2:49 A Solution for Everything
4:21 The Fragility of Success
7:14 The New Physics of Company Building
10:48 "Alchemistic" Talent
12:57 Inequality and the Kobe Bryant Effect
17:01 Automation History & The Future of Jobs
20:06 American Leadership in the AI Era
22:42 Andy Grove & High Output Management
26:02 The Hardest Part of Being a CEO
29:56 Founding a16z
35:11 Scaling the Firm & Early Mistakes
39:19 Broken Capital Markets
41:23 Why We Don't Do Private Equity
43:29 Culture Is Action, Not Platitudes
49:54 Coding & Art
52:08 Learning from Nas
56:36 Las Vegas: The Future of Tech-Enabled Policing
1:01:03 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817961Tue, 03 Feb 2026 13:00:29 +0000Horror stories and legendsBen Horowitz, co-founder of a16z, joins Patrick to discuss the changing landscape of technology and the future of America. They explore how AI is altering the "laws of physics" for company building and why Ben remains optimistic about the US tech...
#a16z #venturecapital #ai #benhorowitz #technology #business #leadership #startups #investing #siliconvalley

Timestamps:
0:00 Intro
1:00 The US Tech Advantage
2:49 A Solution for Everything
4:21 The Fragility of Success
7:14 The New Physics of Company Building
10:48 "Alchemistic" Talent
12:57 Inequality and the Kobe Bryant Effect
17:01 Automation History & The Future of Jobs
20:06 American Leadership in the AI Era
22:42 Andy Grove & High Output Management
26:02 The Hardest Part of Being a CEO
29:56 Founding a16z
35:11 Scaling the Firm & Early Mistakes
39:19 Broken Capital Markets
41:23 Why We Don't Do Private Equity
43:29 Culture Is Action, Not Platitudes
49:54 Coding & Art
52:08 Learning from Nas
56:36 Las Vegas: The Future of Tech-Enabled Policing
1:01:03 The Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3729falsefullhttps://www.spreaker.com/episode/he-built-the-revenue-engines-for-google-facebook-square--74788816
Timestamps:

0:00 Intro
0:35 The Changing Nature of Product Development
4:09 The Merger of Product and Design
4:54 Managing Non-Deterministic Software
9:06 Judgment: The Future-Proof Human Skill
10:41 Building Durable AI Applications
16:43 The Risk to Legacy Software Companies
21:20 Sources of Stickiness in the Age of AI
23:43 Leadership Lessons from Google
27:41 Learning from Mark Zuckerberg
31:16 Jack Dorsey and the Philosophy of Great Design
35:48 The Product Manager as Editor
40:44 Three Pillars of a Successful Ads Business
49:03 Selecting North Star and Check Metrics
56:04 Hiring Functional Experts for the AI Era
1:00:06 Advice for Managing a Career
1:01:33 Evaluating Founder Authenticity
1:05:20 Best Practices for Board Management
1:11:15 The Kindest Thing

#investing #business #productmanagement #ai #tech #startups #software #leadership #career #siliconvalley

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/


******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817951Thu, 29 Jan 2026 13:00:37 +0000Horror stories and legendsGokul Rajaram joins Patrick to discuss the seismic shift in product building driven by AI. As a legendary operator (Google, Facebook, Square, DoorDash) and prolific investor, Gokul breaks down how tools like Claude are merging design and engineering...
Timestamps:

0:00 Intro
0:35 The Changing Nature of Product Development
4:09 The Merger of Product and Design
4:54 Managing Non-Deterministic Software
9:06 Judgment: The Future-Proof Human Skill
10:41 Building Durable AI Applications
16:43 The Risk to Legacy Software Companies
21:20 Sources of Stickiness in the Age of AI
23:43 Leadership Lessons from Google
27:41 Learning from Mark Zuckerberg
31:16 Jack Dorsey and the Philosophy of Great Design
35:48 The Product Manager as Editor
40:44 Three Pillars of a Successful Ads Business
49:03 Selecting North Star and Check Metrics
56:04 Hiring Functional Experts for the AI Era
1:00:06 Advice for Managing a Career
1:01:33 Evaluating Founder Authenticity
1:05:20 Best Practices for Board Management
1:11:15 The Kindest Thing

#investing #business #productmanagement #ai #tech #startups #software #leadership #career #siliconvalley

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/


******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4590falsefullhttps://www.spreaker.com/episode/how-ladder-became-1-strength-training-app--74788827
#LadderFitness #StartupStory #ConsumerTech #FitnessApp #TikTokMarketing #ProductMarketFit #Entrepreneurship #StartupFunding #MobileApps #FitnessIndustry

Timestamps:
0:00 Intro
1:07 The Genesis of Ladder
3:04 Engineering DNA vs. Content Libraries
4:31 Scaling to 300,000 Paying Members
5:36 Leaving the Safety Net
9:00 Restructuring
13:58 Survival Mode
25:48 Ruthless Prioritization
27:15 Integrating Nutrition and Listening to Members
33:53 Cracking the TikTok Growth Loop
44:25 Expanding the Brand Beyond Short-Form Video
46:54 Financing Growth
51:10 Leveraging AI
58:10 Long-Term Vision
1:05:32 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817952Tue, 13 Jan 2026 13:00:23 +0000Horror stories and legendsPatrick O'Shaughnessy as interviews Tom Digan and Greg Stewart. Tom is the co-founder of Ladder, and Greg is its CEO. Ladder is the #1 strength training app with 300,000+ paying members and nearly $100M ARR. This episode reveals the dramatic journey...
#LadderFitness #StartupStory #ConsumerTech #FitnessApp #TikTokMarketing #ProductMarketFit #Entrepreneurship #StartupFunding #MobileApps #FitnessIndustry

Timestamps:
0:00 Intro
1:07 The Genesis of Ladder
3:04 Engineering DNA vs. Content Libraries
4:31 Scaling to 300,000 Paying Members
5:36 Leaving the Safety Net
9:00 Restructuring
13:58 Survival Mode
25:48 Ruthless Prioritization
27:15 Integrating Nutrition and Listening to Members
33:53 Cracking the TikTok Growth Loop
44:25 Expanding the Brand Beyond Short-Form Video
46:54 Financing Growth
51:10 Leveraging AI
58:10 Long-Term Vision
1:05:32 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4541falsefullhttps://www.spreaker.com/episode/the-netflix-culture-code-that-changed-entertainment-forever-reed-hastings-interview--74788824
They discuss the "informed captain" model for decision-making , the strategic value of contrarian thinking in the shift from DVD to streaming , and the lessons Reed learned serving on the boards of Microsoft and Facebook. Finally, Reed opens up about his post-Netflix chapters: the turnaround of the Powder Mountain ski resort and his philanthropic focus on AI-driven education.

TIMESTAMPS:
0:00 Intro
02:00 Talent Density
05:23 Professional Sports Team Model
09:07 Managing on the Edge of Chaos
10:17 The Keeper's Test
12:46 Qwikster
16:30 Contrarian Thinking & Idea Generation
20:04 Lessons from Boards
26:25 The Open Compensation Experiment
28:24 The Strategy Behind Original Content
37:06 AI's Impact on Storytelling
44:53 Power
48:34 Powder Mountain
54:19 AI in Education
57:27 Future Risks & Upside of AI
59:34 The Kindest Thing

#Netflix #ReedHastings #management #Streaming #Tech #Strategy #Leadership #AI #Education #PowderMountain #Content #film

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817968Tue, 06 Jan 2026 13:01:04 +0000Horror stories and legendsPatrick sits down with Reed Hastings, the co-founder and Executive Chairman of Netflix. They explore the counterintuitive philosophies that built one of the world's most successful media companies, starting with the origin story of "talent density"...
They discuss the "informed captain" model for decision-making , the strategic value of contrarian thinking in the shift from DVD to streaming , and the lessons Reed learned serving on the boards of Microsoft and Facebook. Finally, Reed opens up about his post-Netflix chapters: the turnaround of the Powder Mountain ski resort and his philanthropic focus on AI-driven education.

TIMESTAMPS:
0:00 Intro
02:00 Talent Density
05:23 Professional Sports Team Model
09:07 Managing on the Edge of Chaos
10:17 The Keeper's Test
12:46 Qwikster
16:30 Contrarian Thinking & Idea Generation
20:04 Lessons from Boards
26:25 The Open Compensation Experiment
28:24 The Strategy Behind Original Content
37:06 AI's Impact on Storytelling
44:53 Power
48:34 Powder Mountain
54:19 AI in Education
57:27 Future Risks & Upside of AI
59:34 The Kindest Thing

#Netflix #ReedHastings #management #Streaming #Tech #Strategy #Leadership #AI #Education #PowderMountain #Content #film

Presented by Ramp:
https://ramp.com/invest

Sponsored by WorkOS, Rogo, Vanta and Ridgeline:
https://workos.com/
https://rogo.ai/invest
https://www.vanta.com/invest
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3693falsefullhttps://www.spreaker.com/episode/finding-the-1-of-stocks-that-matter-henry-ellenbogen-interview--74788796
TIMESTAMPS:
00:00 Intro
03:02 Origin of an Investment Philosophy
07:02 The "One Percent" of Stocks
13:17 Domino's
19:10 Betting on "Act Two" Teams
24:31 Building Durable Capital
34:46 Market Structure and Time Arbitrage
52:49 Adapting to Discontinuous Change
1:03:19 Physical Moats vs. Soft Moats
1:11:52 The End of Free Money
1:37:35 The Argument for Going Public
1:46:43 The "Warriors" Mindset
1:51:17 Kindest Thing

#investing #venturecapital #compounding #entrepreneurs #AI #publicmarkets #privateequity #businessstrategy #marketanalysis #durablecapital


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817979Tue, 16 Dec 2025 13:01:39 +0000Horror stories and legendsIn this episode, Patrick interviews Henry Ellenbogen, founder of Durable Capital Partners. Henry shares his investment philosophy of finding the 1% of companies that become long-term compounders, growing 6x over 10 years. He discusses "Act Two"...
TIMESTAMPS:
00:00 Intro
03:02 Origin of an Investment Philosophy
07:02 The "One Percent" of Stocks
13:17 Domino's
19:10 Betting on "Act Two" Teams
24:31 Building Durable Capital
34:46 Market Structure and Time Arbitrage
52:49 Adapting to Discontinuous Change
1:03:19 Physical Moats vs. Soft Moats
1:11:52 The End of Free Money
1:37:35 The Argument for Going Public
1:46:43 The "Warriors" Mindset
1:51:17 Kindest Thing

#investing #venturecapital #compounding #entrepreneurs #AI #publicmarkets #privateequity #businessstrategy #marketanalysis #durablecapital


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6890falsefullhttps://www.spreaker.com/episode/gpus-tpus-the-economics-of-ai-explained-gavin-baker-interview--74788835
Timestamps:
0:00 Intro
5:03 The Blackwell Transition
23:15 The Prisoner's Dilemma
27:12 The Bear Case: Edge AI
37:19 Meta, Open Source, and Model Depreciation
43:08 Geopolitics and Rare Earths
50:42 Data Centers in Space
56:06 Power Constraints as a Governor
1:11:31 The SaaS Mistake
1:16:17 Nuclear and Quantum
1:22:25 Gavin’s Investing Origins

#AI #ArtificialIntelligence #Investing #Technology #Nvidia #Google #Blackwell #Gemini #OpenAI #DataCenters #Semiconductors #ScalingLaws #Tech #Innovation #VentureCapital


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817984Tue, 09 Dec 2025 14:03:10 +0000Horror stories and legendsIn this episode of Invest Like The Best, Patrick O'Shaughnessy sits down with investor Gavin Baker to explore the rapidly evolving AI landscape. They dive deep into the infrastructure war between Nvidia and Google, discuss the implications of Gemini 3...
Timestamps:
0:00 Intro
5:03 The Blackwell Transition
23:15 The Prisoner's Dilemma
27:12 The Bear Case: Edge AI
37:19 Meta, Open Source, and Model Depreciation
43:08 Geopolitics and Rare Earths
50:42 Data Centers in Space
56:06 Power Constraints as a Governor
1:11:31 The SaaS Mistake
1:16:17 Nuclear and Quantum
1:22:25 Gavin’s Investing Origins

#AI #ArtificialIntelligence #Investing #Technology #Nvidia #Google #Blackwell #Gemini #OpenAI #DataCenters #Semiconductors #ScalingLaws #Tech #Innovation #VentureCapital


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5306falsefullhttps://www.spreaker.com/episode/how-a16z-growth-invests--74788799
TIMESTAMPS:
0:00 Intro
6:54 Enterprise AI
10:23 Lessons from Waymo
16:17 Technical Terminators
22:34 The "Glengarry Glen Ross" Rule
31:23 Winning Competitive Deals
42:24 The "Yankees" Mindset
46:13 Decision Making
51:12 Model Busters
53:42 Push vs. Pull Markets
1:10:23 How Startups Beat Incumbents
1:13:38 The Kindest Thing

#VentureCapital #GrowthInvesting #AI #OpenAI #Waymo #AutonomousDriving #AndreessenHorowitz #TechInvesting #StartupFunding #SaaS

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817995Tue, 02 Dec 2025 13:01:17 +0000Horror stories and legendsDavid George, head of growth investing at Andreessen Horowitz, shares insights on the future of AI, growth stage investing, and building billion-dollar companies. From analyzing OpenAI's potential beyond chatbots to discussing the competitive dynamics...
TIMESTAMPS:
0:00 Intro
6:54 Enterprise AI
10:23 Lessons from Waymo
16:17 Technical Terminators
22:34 The "Glengarry Glen Ross" Rule
31:23 Winning Competitive Deals
42:24 The "Yankees" Mindset
46:13 Decision Making
51:12 Model Busters
53:42 Push vs. Pull Markets
1:10:23 How Startups Beat Incumbents
1:13:38 The Kindest Thing

#VentureCapital #GrowthInvesting #AI #OpenAI #Waymo #AutonomousDriving #AndreessenHorowitz #TechInvesting #StartupFunding #SaaS

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4491falsefullhttps://www.spreaker.com/episode/inside-general-atlantic-how-a-100b-growth-equity-firm-invests--74788803
#InvestLikeTheBest #GeneralAtlantic #GrowthEquity #GlobalInvesting #AI #Entrepreneurship #investing #3GCapital #EmergingMarkets #VentureCapital

Timestamps:
0:00 Intro
4:12 The Art of Spearfishing
9:20 Navigating Bubbles
16:38 Chuck Feeney’s Vision
23:43 Evergreen Funds
27:39 The Case for Global Diversification
40:07 Checklist vs. Gut
51:53 Career Advice for the AI Era
56:11 Power Alleys
1:09:36 Mentoring
1:12:07 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817953Tue, 25 Nov 2025 13:00:00 +0000Horror stories and legendsMartín Escobari, Head of Global Growth Equity at General Atlantic, shares insights from 25+ years of investing across 19 countries. He discusses the "spearfishing" investment philosophy, navigating market bubbles and global volatility, and why...
#InvestLikeTheBest #GeneralAtlantic #GrowthEquity #GlobalInvesting #AI #Entrepreneurship #investing #3GCapital #EmergingMarkets #VentureCapital

Timestamps:
0:00 Intro
4:12 The Art of Spearfishing
9:20 Navigating Bubbles
16:38 Chuck Feeney’s Vision
23:43 Evergreen Funds
27:39 The Case for Global Diversification
40:07 Checklist vs. Gut
51:53 Career Advice for the AI Era
56:11 Power Alleys
1:09:36 Mentoring
1:12:07 Kindest Thing

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4374falsefullhttps://www.spreaker.com/episode/ari-emanuel-s-anti-ai-bet-on-live-entertainment--74788840
TIMESTAMPS:
0:00 Intro
1:53 Spotting the Potential of the UFC
6:33 The "Fight Island" Story
8:01 Dyslexia and Relentless Drive
9:00 Jeff Bezos' Advice
12:45 Power Dynamics in Content Distribution
20:14 Live Events as the "Anti-AI" Bet
25:08 Monetizing Premium Experiences
31:35 Dana White’s Superpower
41:16 Using the Phone as a Weapon
46:35 Betting on Elon Musk
52:41 The Art of Dealmaking
1:15:08 The Kindest Thing

#AriaEmanuel #UFC #LiveEvents #Investing #Sports #Entertainment #AI #BusinessStrategy #Dealmaking #Entrepreneurship


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817972Wed, 19 Nov 2025 18:13:51 +0000Horror stories and legendsAri Emanuel joins Patrick O'Shaughnessy to discuss his incredible journey from dyslexic kid in special education to one of entertainment's most powerful dealmakers. Emanuel shares the story behind acquiring the UFC, building a live events empire...
TIMESTAMPS:
0:00 Intro
1:53 Spotting the Potential of the UFC
6:33 The "Fight Island" Story
8:01 Dyslexia and Relentless Drive
9:00 Jeff Bezos' Advice
12:45 Power Dynamics in Content Distribution
20:14 Live Events as the "Anti-AI" Bet
25:08 Monetizing Premium Experiences
31:35 Dana White’s Superpower
41:16 Using the Phone as a Weapon
46:35 Betting on Elon Musk
52:41 The Art of Dealmaking
1:15:08 The Kindest Thing

#AriaEmanuel #UFC #LiveEvents #Investing #Sports #Entertainment #AI #BusinessStrategy #Dealmaking #Entrepreneurship


Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4643falsefullhttps://www.spreaker.com/episode/how-great-founders-tell-their-story--74788806
Timestamps:
00:00 Intro
02:50 The Three Layers of Story
04:44 Prompts for the Three Layers
05:54 Why Companies Struggle to Tell Their Story
08:11 The 80/20 Rule: Familiar vs. New
10:17 Suspense from Minimal New Information
11:16 Understanding the Customer's Story First
14:07 What CEOs Can Learn From Filmmakers
15:30 The CEO's Job: Master Communicator
17:12 The Definition of an Iconic Character
18:23 All Stories Are About Death
19:20 Two Kinds of Stories: Desire Fulfilled or Anxiety Purged
21:09 Story as an Ultimate Concern
23:31 Deconstructing Great Stories
26:25 The Relentless Role of Status
30:57 The Story So Big It Terrifies You
32:29 Inner Conflict: The Heart vs. Itself
35:06 A Unified Theory of Storytelling
36:09 The Two Core Truths
38:15 Kindest Thing

#storytelling #business #leadership #CEO #startup #film #producer #entrepreneurship #communication #strategy

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817987Tue, 11 Nov 2025 13:01:20 +0000Horror stories and legendsWolfgang Hammer, acclaimed film producer behind House of Cards and former executive at Lionsgate, CBS Films, and Miramax, joins Patrick O'Shaughnessy to discuss the transformative power of storytelling in business. Now building a new film studio with...
Timestamps:
00:00 Intro
02:50 The Three Layers of Story
04:44 Prompts for the Three Layers
05:54 Why Companies Struggle to Tell Their Story
08:11 The 80/20 Rule: Familiar vs. New
10:17 Suspense from Minimal New Information
11:16 Understanding the Customer's Story First
14:07 What CEOs Can Learn From Filmmakers
15:30 The CEO's Job: Master Communicator
17:12 The Definition of an Iconic Character
18:23 All Stories Are About Death
19:20 Two Kinds of Stories: Desire Fulfilled or Anxiety Purged
21:09 Story as an Ultimate Concern
23:31 Deconstructing Great Stories
26:25 The Relentless Role of Status
30:57 The Story So Big It Terrifies You
32:29 Inner Conflict: The Heart vs. Itself
35:06 A Unified Theory of Storytelling
36:09 The Two Core Truths
38:15 Kindest Thing

#storytelling #business #leadership #CEO #startup #film #producer #entrepreneurship #communication #strategy

Presented by Ramp:
https://ramp.com/invest

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>2616falsefullhttps://www.spreaker.com/episode/the-playbook-on-buying-and-running-companies-forever--74788839
#BendingSpoons #TechAcquisitions #EuropeanTech #MandA #Tech#StartupStory #TechLeadership #saas #TechCulture #investlikethebest

TIMESTAMPS
00:00:00 Intro
00:00:30 What is Bending Spoons?
00:04:30 Why Europe Lacks Trillion-Dollar Companies
00:07:25 The First Test: From Failure to Founding
00:10:52 The McKinsey Years & Funding Co-founders
00:13:24 The Strategic Insight: Why M&A Over Building
00:16:13 Structural Advantages of the Platform Model
00:21:00 Talent as the Ultimate Edge
00:22:50 Rejecting Consensus
00:26:28 Early Days: From $10K to Billions
00:30:52 The Evernote Transformation
00:36:17 Pricing Power & Monetization Sophistication
00:40:32 The Art of Valuation & Deal Discipline
00:44:52 Financing Strategy: Bootstrapping to Billions
01:01:47 No Variable Pay: A Contrarian Approach
01:04:14 Areas of Dissatisfaction & Regulatory Frustration
01:09:25 Raising Europe's Largest Private Debt Round
01:13:28 AI's Impact on Software Businesses
01:17:26 Building Culture: State of the Spoon & Retreats
01:20:20 Why There Aren't More Bending Spoons
01:23:35 The Kindest Thing]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817941Tue, 04 Nov 2025 13:01:57 +0000Horror stories and legendsLuca Ferrari, co-founder of Bending Spoons, joins Patrick O'Shaughnessy in Milan to discuss building Europe's most unique tech company. Bending Spoons operates as 25% private equity, 75% tech company - acquiring digital businesses to own and operate...
#BendingSpoons #TechAcquisitions #EuropeanTech #MandA #Tech#StartupStory #TechLeadership #saas #TechCulture #investlikethebest

TIMESTAMPS
00:00:00 Intro
00:00:30 What is Bending Spoons?
00:04:30 Why Europe Lacks Trillion-Dollar Companies
00:07:25 The First Test: From Failure to Founding
00:10:52 The McKinsey Years & Funding Co-founders
00:13:24 The Strategic Insight: Why M&A Over Building
00:16:13 Structural Advantages of the Platform Model
00:21:00 Talent as the Ultimate Edge
00:22:50 Rejecting Consensus
00:26:28 Early Days: From $10K to Billions
00:30:52 The Evernote Transformation
00:36:17 Pricing Power & Monetization Sophistication
00:40:32 The Art of Valuation & Deal Discipline
00:44:52 Financing Strategy: Bootstrapping to Billions
01:01:47 No Variable Pay: A Contrarian Approach
01:04:14 Areas of Dissatisfaction & Regulatory Frustration
01:09:25 Raising Europe's Largest Private Debt Round
01:13:28 AI's Impact on Software Businesses
01:17:26 Building Culture: State of the Spoon & Retreats
01:20:20 Why There Aren't More Bending Spoons
01:23:35 The Kindest Thing]]>5189falsefullhttps://www.spreaker.com/episode/the-anatomy-of-ramp-s-hyper-growth-karim-atiyeh-interview--74788833
#Ramp #Fintech #Startup #AI #Entrepreneurship #B2B #SaaS #CEO #VentureCapital #ProductDevelopment #Leadership #tech

Timestamps:

0:00 Intro
0:29 Competing with a Day One Mentality
7:58 Winning with Consumer-Grade UX
10:40 Divinely Discontent
14:18 Building a Culture of Mutual Accountability
16:05 Origin Story: Growing Up in Lebanon
21:40 The First Company: Paribus
28:02 Lessons from Building on an Unstable Platform
36:42 From Paribus to Ramp
48:59 The Framework for Choosing Investors
57:54 Shifting the Business Model
1:03:00 Why the Best Builders Will Be Technical
1:06:05 An Engineer's Approach to Marketing
1:20:15 The Power of Differentiation
1:22:22 Recruiting for Spikiness
1:27:41 The Tactics of Speed
1:34:52 The Vision for Ramp
1:43:40 Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817981Tue, 21 Oct 2025 12:00:56 +0000Horror stories and legendsKarim Atiyeh, co-founder and CTO of Ramp, shares his journey from growing up in war-torn Lebanon to building one of the fastest-growing B2B companies ever. In this conversation, we explore Ramp's mission to eliminate bureaucratic waste in business...
#Ramp #Fintech #Startup #AI #Entrepreneurship #B2B #SaaS #CEO #VentureCapital #ProductDevelopment #Leadership #tech

Timestamps:

0:00 Intro
0:29 Competing with a Day One Mentality
7:58 Winning with Consumer-Grade UX
10:40 Divinely Discontent
14:18 Building a Culture of Mutual Accountability
16:05 Origin Story: Growing Up in Lebanon
21:40 The First Company: Paribus
28:02 Lessons from Building on an Unstable Platform
36:42 From Paribus to Ramp
48:59 The Framework for Choosing Investors
57:54 Shifting the Business Model
1:03:00 Why the Best Builders Will Be Technical
1:06:05 An Engineer's Approach to Marketing
1:20:15 The Power of Differentiation
1:22:22 Recruiting for Spikiness
1:27:41 The Tactics of Speed
1:34:52 The Vision for Ramp
1:43:40 Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6383falsefullhttps://www.spreaker.com/episode/china-vs-america-the-battle-for-global-dominance-explained-dan-wang-interview--74788831
TIMESTAMPS:

0:00 Intro
0:49 The Engineering State
2:41 Historical Roots of China's Mindset
4:25 The Key US Advantage: Pluralism
7:42 Deconstructing Innovation: US Spark vs. China's Prairie Fire
12:42 Who Will Adapt Faster?
15:09 How the US Can Revive Manufacturing
18:11 America's Many "Sputnik Moments"
22:34 Surprising Similarities Between Americans and Chinese
27:42 A Tour of China's Bleeding-Edge Cities
34:15 Comparing Work Ethic
38:27 The Investor's Dilemma: The ByteDance Paradox
45:01 Future Equilibriums for Two Superpowers
51:00 The Lawyerly State vs. The Engineering State
59:56 Why China Won't Collapse Like the USSR
1:03:49 Seeing Like a State: Why So Many Are Fleeing China
1:14:18 The Race for AI Supremacy
1:19:33 Lessons from Huawei and Xiaomi
1:41:00 Kindest Thing

#china #Technology #Manufacturing #Geopolitics #Innovation #Investment #Engineering #SiliconValley #Trade #GlobalEconomy

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817948Thu, 16 Oct 2025 12:00:26 +0000Horror stories and legendsPatrick O'Shaughnessy interviews Dan Wang, author of "Breakneck," about China's rise as a technological superpower and its complex relationship with the United States. Wang explores China as an "engineering state" that excels at manufacturing and...
TIMESTAMPS:

0:00 Intro
0:49 The Engineering State
2:41 Historical Roots of China's Mindset
4:25 The Key US Advantage: Pluralism
7:42 Deconstructing Innovation: US Spark vs. China's Prairie Fire
12:42 Who Will Adapt Faster?
15:09 How the US Can Revive Manufacturing
18:11 America's Many "Sputnik Moments"
22:34 Surprising Similarities Between Americans and Chinese
27:42 A Tour of China's Bleeding-Edge Cities
34:15 Comparing Work Ethic
38:27 The Investor's Dilemma: The ByteDance Paradox
45:01 Future Equilibriums for Two Superpowers
51:00 The Lawyerly State vs. The Engineering State
59:56 Why China Won't Collapse Like the USSR
1:03:49 Seeing Like a State: Why So Many Are Fleeing China
1:14:18 The Race for AI Supremacy
1:19:33 Lessons from Huawei and Xiaomi
1:41:00 Kindest Thing

#china #Technology #Manufacturing #Geopolitics #Innovation #Investment #Engineering #SiliconValley #Trade #GlobalEconomy

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6120falsefullhttps://www.spreaker.com/episode/the-future-of-ai-agents-jesse-zhang-interview--74788843
#AI #CustomerService #Startups #Decagon #ArtificialIntelligence #TechEntrepreneurship #CompanyBuilding #VoiceAI #EnterpriseAI #TechCompetition #aiagents #elevenlabs

Timestamps:
0:00 Intro
2:00 Competing in the AI Era
11:35 Finding Product-Market Fit
14:25 Anatomy of a Great Customer Interview
17:37 Everyone’s Wrong Until You Talk to Customers
19:25 AI Agents Replacing Human Labor
21:55 Why Customer Service
23:30 Coding vs. Customer Service
35:44 The Future of Voice and the Human UI
38:54 Why Voice-to-Voice Is So Hard
43:18 Learning from Customer Data
44:36 How CEOs Should Think About AI
47:06 The ROI of Coding and Productivity Tools
48:20 Every Brand Will Talk to You Through AI
56:00 Recruiting, Capital, and Demand
1:00:42 Investor Frenzy
1:22:17 The Long-Term Vision for Decagon
1:25:05 Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817940Mon, 06 Oct 2025 12:01:01 +0000Horror stories and legendsJesse Zhang, founder of Decagon AI, shares insights on building AI-powered customer service agents in the most competitive era of technology. The conversation explores the intense culture required to compete against formidable opponents, drawing...
#AI #CustomerService #Startups #Decagon #ArtificialIntelligence #TechEntrepreneurship #CompanyBuilding #VoiceAI #EnterpriseAI #TechCompetition #aiagents #elevenlabs

Timestamps:
0:00 Intro
2:00 Competing in the AI Era
11:35 Finding Product-Market Fit
14:25 Anatomy of a Great Customer Interview
17:37 Everyone’s Wrong Until You Talk to Customers
19:25 AI Agents Replacing Human Labor
21:55 Why Customer Service
23:30 Coding vs. Customer Service
35:44 The Future of Voice and the Human UI
38:54 Why Voice-to-Voice Is So Hard
43:18 Learning from Customer Data
44:36 How CEOs Should Think About AI
47:06 The ROI of Coding and Productivity Tools
48:20 Every Brand Will Talk to You Through AI
56:00 Recruiting, Capital, and Demand
1:00:42 Investor Frenzy
1:22:17 The Long-Term Vision for Decagon
1:25:05 Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5173falsefullhttps://www.spreaker.com/episode/why-a-100-million-salary-for-an-elite-ai-researcher-is-a-bargain--74788807
#AI #Semiconductors #OpenAI #NVIDIA #TechInvesting #ArtificialIntelligence #MachineLearning #TechStrategy #claude #podcast #talentwar #salary #jobs

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817957Thu, 02 Oct 2025 22:33:45 +0000Horror stories and legendsThe battle for AI supremacy has ignited a fierce talent war, with companies like Meta offering salaries in the tens of millions for top researchers. In this clip, Dylan Patel explains the incredible economics behind these bidding wars. Discover why a...
#AI #Semiconductors #OpenAI #NVIDIA #TechInvesting #ArtificialIntelligence #MachineLearning #TechStrategy #claude #podcast #talentwar #salary #jobs

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>543falsefullhttps://www.spreaker.com/episode/inside-the-trillion-dollar-ai-buildout-dylan-patel-interview--74788838
Timestamps:
00:00 Intro
00:39 The OpenAI and Nvidia Deal: The Infinite Money Glitch
03:04 OpenAI's Compute Challenge and Capital Requirements
04:42 Oracle's $300 Billion Bet on OpenAI
06:06 Nvidia's Strategic Investment and Deal Mechanics
06:53 Understanding the Demand Dynamics
07:41 Scaling Laws and Diminishing Returns Debate
09:17 Why Bigger Models Aren't Always Better
10:51 The Economics of Tokens and Serving Capacity
15:07 Rate Limits and the Adoption Curve Problem
19:01 The Tokenomics of AI
22:02 Inference Latency vs Cost Trade-offs
23:59 Over-Parameterization and Model Learning
28:10 Building Environments for AI Training
32:16 AI in Everyday Life
34:46 The Future of Reasoning and Compute Scaling
38:45 Memory and Context in AI: Short-term vs Long-term
44:34 The Spectrum of AI Optimism
46:29 Timeline to AGI
47:56 Physical Intelligence and Embodiment
49:25 Talent Wars
58:37 Power Dynamics in the AI Ecosystem
01:00:51 Microsoft and OpenAI: A Shifting Power Balance
01:03:23 Nvidia's Dominance and Balance Sheet Strategy
01:12:32 The Middle Layer
01:14:47 The Risk Spectrum
01:18:42 AI for Material Science and Hard Tech
01:22:21 Building Infrastructure
01:27:11 Grid Regulations and Backup Power Challenges
01:29:55 US vs China: Who Really Needs AI to Win?
01:37:42 Favorite AI Bears
01:43:57 Hardware Innovation Beyond Accelerators
01:48:08 Speed Round: Company Impressions
01:55:11 The Death of Traditional SaaS Business Models
02:00:24 The Kindest Thing

#AI #Semiconductors #OpenAI #NVIDIA #ComputeInfrastructure #TechInvesting #ArtificialIntelligence #MachineLearning #DataCenters #TechStrategy #claude #podcast

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817955Tue, 30 Sep 2025 12:01:34 +0000Horror stories and legendsDylan Patel, AI and semiconductor expert, joins Patrick O'Shaughnessy to dive deep into the past, present, and future of compute. They explore the massive capital requirements driving AI development, from OpenAI's $300B Oracle deal to NVIDIA's...
Timestamps:
00:00 Intro
00:39 The OpenAI and Nvidia Deal: The Infinite Money Glitch
03:04 OpenAI's Compute Challenge and Capital Requirements
04:42 Oracle's $300 Billion Bet on OpenAI
06:06 Nvidia's Strategic Investment and Deal Mechanics
06:53 Understanding the Demand Dynamics
07:41 Scaling Laws and Diminishing Returns Debate
09:17 Why Bigger Models Aren't Always Better
10:51 The Economics of Tokens and Serving Capacity
15:07 Rate Limits and the Adoption Curve Problem
19:01 The Tokenomics of AI
22:02 Inference Latency vs Cost Trade-offs
23:59 Over-Parameterization and Model Learning
28:10 Building Environments for AI Training
32:16 AI in Everyday Life
34:46 The Future of Reasoning and Compute Scaling
38:45 Memory and Context in AI: Short-term vs Long-term
44:34 The Spectrum of AI Optimism
46:29 Timeline to AGI
47:56 Physical Intelligence and Embodiment
49:25 Talent Wars
58:37 Power Dynamics in the AI Ecosystem
01:00:51 Microsoft and OpenAI: A Shifting Power Balance
01:03:23 Nvidia's Dominance and Balance Sheet Strategy
01:12:32 The Middle Layer
01:14:47 The Risk Spectrum
01:18:42 AI for Material Science and Hard Tech
01:22:21 Building Infrastructure
01:27:11 Grid Regulations and Backup Power Challenges
01:29:55 US vs China: Who Really Needs AI to Win?
01:37:42 Favorite AI Bears
01:43:57 Hardware Innovation Beyond Accelerators
01:48:08 Speed Round: Company Impressions
01:55:11 The Death of Traditional SaaS Business Models
02:00:24 The Kindest Thing

#AI #Semiconductors #OpenAI #NVIDIA #ComputeInfrastructure #TechInvesting #ArtificialIntelligence #MachineLearning #DataCenters #TechStrategy #claude #podcast

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>7342falsefullhttps://www.spreaker.com/episode/how-barry-diller-built-entertainment-empires--74788837
Timestamps:
0:00 Intro
5:01 Fearlessness
10:16 Seeing Chat GPT Early
12:45 Creative Conflict
16:45 Instinct vs Data
21:11 Entertainment Innovation
22:05 Movie of the Week Success
23:44 Working with Murdoch
34:04 Internet Opportunist Era
37:02 Bill Gates
42:00 MGM Investment
44:55 Best Negotiation Advice
47:52 Simpsons Origins
54:48 Publishing In AI Era

#BarryDiller #MediaIndustry #Entertainment #Fox #InternetPioneer #InvestLikeTheBest #Investing #Hollywood #Innovation #Leadership #founder


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817942Tue, 23 Sep 2025 12:01:23 +0000Horror stories and legendsMedia legend Barry Diller joins Patrick O'Shaughnessy to discuss his remarkable journey from the William Morris mailroom to building entertainment giants like Fox and pioneering internet commerce. Diller shares candid insights on curiosity as an...
Timestamps:
0:00 Intro
5:01 Fearlessness
10:16 Seeing Chat GPT Early
12:45 Creative Conflict
16:45 Instinct vs Data
21:11 Entertainment Innovation
22:05 Movie of the Week Success
23:44 Working with Murdoch
34:04 Internet Opportunist Era
37:02 Bill Gates
42:00 MGM Investment
44:55 Best Negotiation Advice
47:52 Simpsons Origins
54:48 Publishing In AI Era

#BarryDiller #MediaIndustry #Entertainment #Fox #InternetPioneer #InvestLikeTheBest #Investing #Hollywood #Innovation #Leadership #founder


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3501falsefullhttps://www.spreaker.com/episode/5-ingredients-for-the-perfect-investment-jeff-horing-interview--74788828
Timestamps:
00:00 Intro
15:40 Five Ingredients of Perfect Investment
20:14 One Fund Strategy
28:02 Sourcing Evolution & Strategy
44:00 What Makes a Great Sourcer
55:14 AI Applications & Late Stage Deals
1:00:12 Pattern Recognition & Training
1:08:05 Scaling Judgment Without Breaking
1:29:01 AI Impact on Software
1:36:28 Drive to Win
1:38:53 Next Decade of Insight
1:41:40 The Kindest Thing

#VentureCapital #PrivateEquity #SoftwareInvesting #InsightPartners #GrowthEquity #StartupFunding #TechInvesting #InvestmentStrategy #AI #SaaS #stocks #investment

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817988Tue, 16 Sep 2025 12:01:29 +0000Horror stories and legendsJeff Horing, founding partner of Insight Partners, shares his approach to building one of the world's largest venture capital firms. In this rare interview, Horing discusses Insight's unique one-fund strategy, systematic sourcing process involving 60+...
Timestamps:
00:00 Intro
15:40 Five Ingredients of Perfect Investment
20:14 One Fund Strategy
28:02 Sourcing Evolution & Strategy
44:00 What Makes a Great Sourcer
55:14 AI Applications & Late Stage Deals
1:00:12 Pattern Recognition & Training
1:08:05 Scaling Judgment Without Breaking
1:29:01 AI Impact on Software
1:36:28 Drive to Win
1:38:53 Next Decade of Insight
1:41:40 The Kindest Thing

#VentureCapital #PrivateEquity #SoftwareInvesting #InsightPartners #GrowthEquity #StartupFunding #TechInvesting #InvestmentStrategy #AI #SaaS #stocks #investment

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6203falsefullhttps://www.spreaker.com/episode/alpha-school-s-disruptive-vision-for-the-future-of-education--74788845
#AlphaSchool #EducationRevolution #AIEducation #PersonalizedLearning #EdTech #LearningScience #SchoolChoice #EducationInnovation #edtech #teacher #teaching #ai #education #FutureOfEducation

Timestamps:
00:00 Intro
00:54 What Is Alpha School?
4:02 The 200-Year Education Problem
8:06 Two-Hour Learning
16:41 Academic Results & Efficiency
23:51 AI-Generated Personalized Lessons
35:03 EdTech Fails Without Motivation
41:18 Life Skills & Afternoon Workshops
1:13:35 Gamification
1:29:09 Scaling Challenges
1:46:52 Video Games for Education
1:54:07 Joe's Background & Trilogy
2:14:22 Lessons from Mentors
2:32:29 The Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817924Tue, 26 Aug 2025 12:30:00 +0000Horror stories and legendsJoe Liemandt, founder of Trilogy and principal of Alpha School, shares a revolutionary approach to education that enables kids to learn 10x faster in just 2 hours a day. After building a billion-dollar AI company in the 90s, Joe turned his attention...
#AlphaSchool #EducationRevolution #AIEducation #PersonalizedLearning #EdTech #LearningScience #SchoolChoice #EducationInnovation #edtech #teacher #teaching #ai #education #FutureOfEducation

Timestamps:
00:00 Intro
00:54 What Is Alpha School?
4:02 The 200-Year Education Problem
8:06 Two-Hour Learning
16:41 Academic Results & Efficiency
23:51 AI-Generated Personalized Lessons
35:03 EdTech Fails Without Motivation
41:18 Life Skills & Afternoon Workshops
1:13:35 Gamification
1:29:09 Scaling Challenges
1:46:52 Video Games for Education
1:54:07 Joe's Background & Trilogy
2:14:22 Lessons from Mentors
2:32:29 The Kindest Thing

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>9316falsefullhttps://www.spreaker.com/episode/the-ceo-who-cheated-death-slept-an-hour-a-night-and-built-a-healthcare-empire--74788810The conversation explores his vision for transforming American healthcare through personalized insurance, the power of servant leadership, and how ordinary people can achieve extraordinary things. A remarkable story of courage, compassion, and the pursuit of meaning through service.


TIMESTAMPS:

0:00 Intro
1:04 A Near-Fatal Accident
4:04 Growing Up in Detroit
5:57 From Auto Worker to Business Leader
9:21 Building and Fixing Companies
15:50 The Evolution of US Health Insurance
22:28 Oscar Health: A New Approach
35:13 The Role of AI in Healthcare
37:55 Son’s Battle with Cancer
42:45 Eastern Beliefs & Personal Transformation
53:25 Yoga and Employee Wellness
58:33 Raising Employee Wages and Benefits
1:07:40 Balancing Success & Personal Struggles
1:10:56 Early Lessons in Work & Money
1:15:56 Bridgewater and Transition Challenges
1:20:25 Joining Oscar Health
1:23:54 The Importance of Curiosity and Courage
1:30:47 Reflections on Personal Growth
1:35:30 The Kindest Thing


#MarkBertolini #OscarHealth #Healthcare #Leadership #Resilience #Transformation #ChronicPain #BusinessSuccess #EmployeeWellness #HealthInsurance #stocks #OSCR


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817992Tue, 19 Aug 2025 12:30:12 +0000Horror stories and legendsMark Bertolini, CEO of Oscar Health, shares his extraordinary life story of resilience and transformation. From surviving a catastrophic skiing accident that broke his neck and left him in chronic pain for 18 years, to saving his son's life, Bertolini...The conversation explores his vision for transforming American healthcare through personalized insurance, the power of servant leadership, and how ordinary people can achieve extraordinary things. A remarkable story of courage, compassion, and the pursuit of meaning through service.


TIMESTAMPS:

0:00 Intro
1:04 A Near-Fatal Accident
4:04 Growing Up in Detroit
5:57 From Auto Worker to Business Leader
9:21 Building and Fixing Companies
15:50 The Evolution of US Health Insurance
22:28 Oscar Health: A New Approach
35:13 The Role of AI in Healthcare
37:55 Son’s Battle with Cancer
42:45 Eastern Beliefs & Personal Transformation
53:25 Yoga and Employee Wellness
58:33 Raising Employee Wages and Benefits
1:07:40 Balancing Success & Personal Struggles
1:10:56 Early Lessons in Work & Money
1:15:56 Bridgewater and Transition Challenges
1:20:25 Joining Oscar Health
1:23:54 The Importance of Curiosity and Courage
1:30:47 Reflections on Personal Growth
1:35:30 The Kindest Thing


#MarkBertolini #OscarHealth #Healthcare #Leadership #Resilience #Transformation #ChronicPain #BusinessSuccess #EmployeeWellness #HealthInsurance #stocks #OSCR


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6041falsefullhttps://www.spreaker.com/episode/the-data-on-america-s-economic-split-andrew-milgram-interview--74788832
TIMESTAMPS:

0:00 Intro
0:55 Understanding the K-Shaped Economy
3:04 Middle Market Analysis & Data Insights
8:01 Challenges Facing Middle Market Companies
13:45 Distressed Investing Explained
22:27 The Taxi Medallion Investment Story
47:21 Engaging with Regulators and Stakeholders
48:32 Building Relationships with Taxi Workers Alliance
50:27 Taking the Taxi Operation Public
51:35 Challenges and Opportunities in the Taxi Industry
55:00 Investing in Distressed Assets
57:21 Negotiation Principles & Relationship Building
1:01:24 Employee Retention Tax Credit Opportunity
1:27:33 Private Credit and Equity Markets Insights
1:35:30 Personal Reflections & Motivations
1:38:33 The Kindest Thing

#DistressedInvesting #KShapedEconomy #MiddleMarket #Bankruptcy #EconomicTrends #InvestmentStrategy #CorporateRestructuring #MarbleGate #BusinessFailure #FinancialCrisis


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817930Tue, 05 Aug 2025 12:30:27 +0000Horror stories and legendsAndrew Milgram, founder of Marblegate, reveals shocking data about America's "K-shaped economy". The conversation covers his unique roll-up-the-sleeves approach to distressed investing, why he predicts continued business bankruptcies, and how tariff...
TIMESTAMPS:

0:00 Intro
0:55 Understanding the K-Shaped Economy
3:04 Middle Market Analysis & Data Insights
8:01 Challenges Facing Middle Market Companies
13:45 Distressed Investing Explained
22:27 The Taxi Medallion Investment Story
47:21 Engaging with Regulators and Stakeholders
48:32 Building Relationships with Taxi Workers Alliance
50:27 Taking the Taxi Operation Public
51:35 Challenges and Opportunities in the Taxi Industry
55:00 Investing in Distressed Assets
57:21 Negotiation Principles & Relationship Building
1:01:24 Employee Retention Tax Credit Opportunity
1:27:33 Private Credit and Equity Markets Insights
1:35:30 Personal Reflections & Motivations
1:38:33 The Kindest Thing

#DistressedInvesting #KShapedEconomy #MiddleMarket #Bankruptcy #EconomicTrends #InvestmentStrategy #CorporateRestructuring #MarbleGate #BusinessFailure #FinancialCrisis


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5968falsefullhttps://www.spreaker.com/episode/how-this-vc-went-from-broke-to-becoming-the-hot-hand-in-silicon-valley--74788798
TIMESTAMPS:
0:00 Intro
0:25 The Art of Collecting
4:36 Parallels Between Art and Venture Capital
6:59 Challenges and Strategies in Art Collecting
18:19 The Role of Status and Reputation in Art
20:10 The Business of Art Galleries & Auction Houses
26:43 Building a Successful Venture Capital Firm
41:29 Leading Seed Financings
44:27 The Power of AngelList
46:40 Scaling and Building a Team
49:33 Identifying Exceptional Founders
52:32 The Importance of Dilution Sensitivity
54:18 Efficient Investment Processes
1:05:51 Winning Competitive Deals
1:15:29 The Value of Strong Board Members
1:21:37 The Importance of Personal Branding in VC
1:24:28 The Health of the AI Investment Ecosystem
1:28:11 Early Life and Entrepreneurial Beginnings
1:35:12 Starting a Hedge Fund and Lessons Learned
1:44:59 Building Abstract and Family Life
1:54:06 Insights on LPs and Venture Capital Trends
2:02:18 The Kindest Thing

#VentureCapital #SeedInvesting #Entrepreneurship #ArtCollecting #StartupFunding #SiliconValley #AngelInvesting #PowerLaw #SeriesA #AbstractVentures

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817990Tue, 29 Jul 2025 12:38:51 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with Ramtin Naimi, founder of Abstract Ventures, for a deep dive into his unconventional journey from bankruptcy to building one of Silicon Valley's most talked-about seed funds. Ramtin shares fascinating parallels...
TIMESTAMPS:
0:00 Intro
0:25 The Art of Collecting
4:36 Parallels Between Art and Venture Capital
6:59 Challenges and Strategies in Art Collecting
18:19 The Role of Status and Reputation in Art
20:10 The Business of Art Galleries & Auction Houses
26:43 Building a Successful Venture Capital Firm
41:29 Leading Seed Financings
44:27 The Power of AngelList
46:40 Scaling and Building a Team
49:33 Identifying Exceptional Founders
52:32 The Importance of Dilution Sensitivity
54:18 Efficient Investment Processes
1:05:51 Winning Competitive Deals
1:15:29 The Value of Strong Board Members
1:21:37 The Importance of Personal Branding in VC
1:24:28 The Health of the AI Investment Ecosystem
1:28:11 Early Life and Entrepreneurial Beginnings
1:35:12 Starting a Hedge Fund and Lessons Learned
1:44:59 Building Abstract and Family Life
1:54:06 Insights on LPs and Venture Capital Trends
2:02:18 The Kindest Thing

#VentureCapital #SeedInvesting #Entrepreneurship #ArtCollecting #StartupFunding #SiliconValley #AngelInvesting #PowerLaw #SeriesA #AbstractVentures

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>7422falsefullhttps://www.spreaker.com/episode/the-investment-firm-that-can-do-anything-sixth-street-ceo-alan-waxman--74788808
TIMESTAMPS:
0:00 Intro
0:38 The Formative Goldman Sachs Experience
5:58 Unitizing Risk and Return
10:09 Facing the Tiger: Culture and Values
24:55 The Genesis of Sixth Street
34:09 Spotify and Airbnb Investments
37:52 The Flexibility of TAO
41:42 COVID-19: Playing Offense
44:42 Analyzing Risk and Business Models
48:35 Investing in Sports and Live Experiences
54:44 Developing Investment Themes
58:16 Personal Development and Firm Culture
1:19:00 The Future of Sixth Street
1:21:52 The Kindest Thing

#InvestLikeTheBest #SixthStreet #AlanWaxman #PrivateEquity #Investing #GoldmanSachs #Spotify #Airbnb #RiskManagement #AlternativeInvestments

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817997Tue, 15 Jul 2025 13:06:17 +0000Horror stories and legendsAlan Waxman, CEO of Sixth Street, shares insights from his journey from Goldman Sachs' Special Situations Group to building one of the most flexible investment firms in the world. He discusses the concept of "unitizing risk and return" across asset...
TIMESTAMPS:
0:00 Intro
0:38 The Formative Goldman Sachs Experience
5:58 Unitizing Risk and Return
10:09 Facing the Tiger: Culture and Values
24:55 The Genesis of Sixth Street
34:09 Spotify and Airbnb Investments
37:52 The Flexibility of TAO
41:42 COVID-19: Playing Offense
44:42 Analyzing Risk and Business Models
48:35 Investing in Sports and Live Experiences
54:44 Developing Investment Themes
58:16 Personal Development and Firm Culture
1:19:00 The Future of Sixth Street
1:21:52 The Kindest Thing

#InvestLikeTheBest #SixthStreet #AlanWaxman #PrivateEquity #Investing #GoldmanSachs #Spotify #Airbnb #RiskManagement #AlternativeInvestments

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4953falsefullhttps://www.spreaker.com/episode/clear-s-turnaround-from-bankruptcy-to-ipo-with-ceo-caryn-seidman-becker--74788813
Timestamps:
00:00 Intro
05:43 The Vision for CLEAR
09:08 From Wall Street to CLEAR
13:42 The Origins of CLEAR
14:23 The Bankruptcy and Rebirth of Clear
34:41 Building the Business Model
47:46 The Future of Airport Innovation
48:33 Investing Insights and Strategies
52:17 The Importance of Free Cash Flow
55:26 Biometrics and Privacy Concerns
59:40 Expanding Clear's Vision
1:04:13 Personal Mission and Genetic Screening
1:12:28 Leadership and Company Culture
1:14:23 Future of Technology and Identity
1:25:38 The Kindest Thing Anyone’s Ever Done For Caryn

#Clear #Biometrics #Identity #Entrepreneurship #WallStreet #TSA #Travel #Technology #Leadership #Innovation


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817970Tue, 08 Jul 2025 12:45:00 +0000Horror stories and legendsCaryn Seidman Becker, CEO of Clear, shares her remarkable journey from Wall Street investor to building the identity platform we know today. After acquiring Clear out of bankruptcy for $6 million, she transformed it from a failed airport security...
Timestamps:
00:00 Intro
05:43 The Vision for CLEAR
09:08 From Wall Street to CLEAR
13:42 The Origins of CLEAR
14:23 The Bankruptcy and Rebirth of Clear
34:41 Building the Business Model
47:46 The Future of Airport Innovation
48:33 Investing Insights and Strategies
52:17 The Importance of Free Cash Flow
55:26 Biometrics and Privacy Concerns
59:40 Expanding Clear's Vision
1:04:13 Personal Mission and Genetic Screening
1:12:28 Leadership and Company Culture
1:14:23 Future of Technology and Identity
1:25:38 The Kindest Thing Anyone’s Ever Done For Caryn

#Clear #Biometrics #Identity #Entrepreneurship #WallStreet #TSA #Travel #Technology #Leadership #Innovation


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5486falsefullhttps://www.spreaker.com/episode/how-jens-grede-hacked-pop-culture-to-build-a-billion-dollar-brand--74788830
Timestamps:
0:00 Intro
1:58 The Power of Pop Culture & Commerce
5:11 The Role of Individuals vs. Institutions
7:34 Cultural Shifts and Their Drivers
9:15 Nostalgia vs. Futurism in Pop Culture
18:21 The Resurgence of Classic Brands
25:31 The SKIMS Origin Story
54:33 The Jordan Brand Legacy
56:16 Transferring Brand Essence
58:20 The Importance of Immediacy in Popular Culture
59:11 SKIMS' Strategic Decisions
1:10:01 The Power of Networks and Micro-Communities
1:11:55 The Future of the Creator Economy
1:15:32 Challenges for Traditional Media
1:23:43 Lessons from Working with Top Brands
1:30:14 Investing Insights & Long-Term Views
1:35:12 Future Plans for SKIMS
1:39:11 The Public vs. Private Debate
1:46:22 The Kindest Thing

#PopularCulture #SKIMS #Entrepreneurship #BrandBuilding #Marketing #KimKardashian #ConsumerBrands #BusinessStrategy #socialmediamarketing #Culture


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817934Tue, 01 Jul 2025 12:31:02 +0000Horror stories and legendsPatrick O'Shaughnessy interviews Jens Grede, co-founder of SKIMS and founder of Popular Culture. In this fascinating conversation, Jens shares insights on how popular culture has become the ultimate hack to reach consumers in today's fragmented media...
Timestamps:
0:00 Intro
1:58 The Power of Pop Culture & Commerce
5:11 The Role of Individuals vs. Institutions
7:34 Cultural Shifts and Their Drivers
9:15 Nostalgia vs. Futurism in Pop Culture
18:21 The Resurgence of Classic Brands
25:31 The SKIMS Origin Story
54:33 The Jordan Brand Legacy
56:16 Transferring Brand Essence
58:20 The Importance of Immediacy in Popular Culture
59:11 SKIMS' Strategic Decisions
1:10:01 The Power of Networks and Micro-Communities
1:11:55 The Future of the Creator Economy
1:15:32 Challenges for Traditional Media
1:23:43 Lessons from Working with Top Brands
1:30:14 Investing Insights & Long-Term Views
1:35:12 Future Plans for SKIMS
1:39:11 The Public vs. Private Debate
1:46:22 The Kindest Thing

#PopularCulture #SKIMS #Entrepreneurship #BrandBuilding #Marketing #KimKardashian #ConsumerBrands #BusinessStrategy #socialmediamarketing #Culture


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6555falsefullhttps://www.spreaker.com/episode/the-chainsmokers-journey-from-djs-to-vcs--74788829
TIMESTAMPS:
00:00 Intro
06:16 The Creative Process Behind Songwriting
07:33 Exploring the Emotional Depths of Music
11:50 Navigating the Music Industry and AI
17:45 The Importance of World Building in Music
21:27 Finding Your Creative Itch
35:04 The Chainsmokers' Journey and Work Ethic
40:37 The Business Side of the Chainsmokers
45:43 Venturing into Tech and Investments
51:39 The Evolution of Mantis
53:11 Overcoming Celebrity Investor Stereotypes
55:20 Supporting Founders Like Record Labels
57:26 The Art of Collaboration
01:04:02 The Grind to Success
01:13:49 Investing Insights and Evolution
01:26:39 The Kindest Thing Anyone Has Ever Done for Drew and Alex

#Chainsmokers #VentureCapital #MusicBusiness #AIMusic #CreativeProcess #Entrepreneur #investment #Music #Startup #Business

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817947Tue, 24 Jun 2025 12:01:32 +0000Horror stories and legendsThe Chainsmokers (Drew Taggart and Alex Pall) join Patrick O'Shaughnessy to discuss their evolution from DJs to global superstars to venture capitalists. They share insights on AI's impact on music creation, the creative process behind hits and how...
TIMESTAMPS:
00:00 Intro
06:16 The Creative Process Behind Songwriting
07:33 Exploring the Emotional Depths of Music
11:50 Navigating the Music Industry and AI
17:45 The Importance of World Building in Music
21:27 Finding Your Creative Itch
35:04 The Chainsmokers' Journey and Work Ethic
40:37 The Business Side of the Chainsmokers
45:43 Venturing into Tech and Investments
51:39 The Evolution of Mantis
53:11 Overcoming Celebrity Investor Stereotypes
55:20 Supporting Founders Like Record Labels
57:26 The Art of Collaboration
01:04:02 The Grind to Success
01:13:49 Investing Insights and Evolution
01:26:39 The Kindest Thing Anyone Has Ever Done for Drew and Alex

#Chainsmokers #VentureCapital #MusicBusiness #AIMusic #CreativeProcess #Entrepreneur #investment #Music #Startup #Business

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5231falsefullhttps://www.spreaker.com/episode/why-this-veteran-venture-capitalist-avoids-ai-hype-jay-hoag-interview--74788841
TIMESTAMPS:

0:00 Intro
5:18 Market Conditions and Investment Opportunities
6:57 Consumer Internet Businesses and AI
9:04 Technology Commercialization Challenges
11:30 Public vs. Private Market Dynamics
15:32 Growth Investing and Competitive Dynamics
22:34 History and Resilience of TCV
26:32 Understanding the Firm's Investment Lifecycle
27:06 Evolution of Sourcing Strategies
28:33 The Role of Data Intelligence in Sourcing
29:41 Internal Investment Process at TCV
34:31 Challenges and Strategies in Long-term Investments
41:15 Reflections on the Investment World
43:48 Personal Insights and Final Thoughts

#VentureCapital #GrowthInvesting #TCV #Netflix #Spotify #ConsumerInternet #Technology #Investing #StartupFunding #Entrepreneurship


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817926Tue, 17 Jun 2025 12:30:01 +0000Horror stories and legendsJay Hoag, co-founder of Technology Crossover Ventures (TCV), joins Patrick O'Shaughnessy to discuss 30 years of growth investing. Hoag shares insights on TCV's contrarian focus on consumer internet businesses while others chase AI and SaaS, the...
TIMESTAMPS:

0:00 Intro
5:18 Market Conditions and Investment Opportunities
6:57 Consumer Internet Businesses and AI
9:04 Technology Commercialization Challenges
11:30 Public vs. Private Market Dynamics
15:32 Growth Investing and Competitive Dynamics
22:34 History and Resilience of TCV
26:32 Understanding the Firm's Investment Lifecycle
27:06 Evolution of Sourcing Strategies
28:33 The Role of Data Intelligence in Sourcing
29:41 Internal Investment Process at TCV
34:31 Challenges and Strategies in Long-term Investments
41:15 Reflections on the Investment World
43:48 Personal Insights and Final Thoughts

#VentureCapital #GrowthInvesting #TCV #Netflix #Spotify #ConsumerInternet #Technology #Investing #StartupFunding #Entrepreneurship


Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3131falsefullhttps://www.spreaker.com/episode/the-gift-and-the-curse-of-staying-private-with-bill-gurley--74788834
Timestamps
0:00 Intro
0:23 State of the Union: VC Edition
2:58 The Rise of Mega VC Funds
4:38 Zombie Unicorns
12:29 The IPO and M&A Market Stalemate
19:08 The AI Wave and Its Impact
21:03 Private Markets and LP Liquidity Issues
24:57 The Future of Capital Markets
32:49 Advice for Founders in a Changing Landscape
34:27 The High-Stakes Game of Capital Battles
37:57 Challenges & Opportunities in AI Revenue Models
39:37 The Role of Founders in the AI Revolution
41:44 The Impact of Time and Liquidity on Venture Capital
45:35 Navigating the Future of Venture Capital
53:45 International Dynamics in the AI Race
1:08:58 Advice for Founders in the AI Era

#investing #tech #markets #stocks #venturecapital

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817939Tue, 10 Jun 2025 13:40:38 +0000Horror stories and legendsBill Gurley explains the state of the markets, shares advice for founders in the AI era, and breaks down the IPO stalemate. Timestamps 0:00 Intro 0:23 State of the Union: VC Edition 2:58 The Rise of Mega VC Funds 4:38 Zombie Unicorns 12:29 The IPO...
Timestamps
0:00 Intro
0:23 State of the Union: VC Edition
2:58 The Rise of Mega VC Funds
4:38 Zombie Unicorns
12:29 The IPO and M&A Market Stalemate
19:08 The AI Wave and Its Impact
21:03 Private Markets and LP Liquidity Issues
24:57 The Future of Capital Markets
32:49 Advice for Founders in a Changing Landscape
34:27 The High-Stakes Game of Capital Battles
37:57 Challenges & Opportunities in AI Revenue Models
39:37 The Role of Founders in the AI Revolution
41:44 The Impact of Time and Liquidity on Venture Capital
45:35 Navigating the Future of Venture Capital
53:45 International Dynamics in the AI Race
1:08:58 Advice for Founders in the AI Era

#investing #tech #markets #stocks #venturecapital

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5199falsefullhttps://www.spreaker.com/episode/how-apollo-built-an-800-billion-capital-markets-giant-john-zito-interview--74788842
TIMESTAMPS:
0:00 Intro
0:55 The Evolution of Capital Markets
2:58 Apollo's Growth and Market Innovations
7:12 Global Capital Markets and Geopolitical Shifts
10:56 Innovations in Financing and Investment Strategies
16:05 Athene
21:57 The Future of Asset Management & Market Trends
22:31 The Role of Fees and Business Models in Asset Management
33:33 The Impact of Liquidity and Market Structure
41:33 Apollo's Culture and Shareholder Value
48:22 The Future of Private and Public Markets
53:20 Building a Great Origination Platform
58:46 Case Study: Carvana
1:05:32 Case Study: Hertz
1:10:17 The Role of AI in Finance
1:14:24 Opportunities in Capital Markets
1:19:36 Finding Meaning in Finance
1:25:34 The Kindest Thing

#Apollo #PrivateCredit #AssetManagement #CapitalMarkets #PrivateEquity #Credit #AlternativeInvestments #FinancialServices #InvestLikeTheBest

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772818000Tue, 03 Jun 2025 12:57:52 +0000Horror stories and legendsPatrick O'Shaughnessy sits down with John Zito, a key leader at Apollo, to explore how the $800 billion asset manager is reshaping capital markets. The conversation covers Apollo's innovative approach to credit origination, their role in major deals,...
TIMESTAMPS:
0:00 Intro
0:55 The Evolution of Capital Markets
2:58 Apollo's Growth and Market Innovations
7:12 Global Capital Markets and Geopolitical Shifts
10:56 Innovations in Financing and Investment Strategies
16:05 Athene
21:57 The Future of Asset Management & Market Trends
22:31 The Role of Fees and Business Models in Asset Management
33:33 The Impact of Liquidity and Market Structure
41:33 Apollo's Culture and Shareholder Value
48:22 The Future of Private and Public Markets
53:20 Building a Great Origination Platform
58:46 Case Study: Carvana
1:05:32 Case Study: Hertz
1:10:17 The Role of AI in Finance
1:14:24 Opportunities in Capital Markets
1:19:36 Finding Meaning in Finance
1:25:34 The Kindest Thing

#Apollo #PrivateCredit #AssetManagement #CapitalMarkets #PrivateEquity #Credit #AlternativeInvestments #FinancialServices #InvestLikeTheBest

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5183falsefullhttps://www.spreaker.com/episode/how-graham-weaver-turns-recent-grads-into-ceos--74788844
TIMESTAMPS:
0:00 Intro
0:37 Alpine's Three North Stars
7:33 The Power of Choice & Determination
13:33 Early Career
21:45 Founding Alpine
29:36 Core Beliefs and Talent Development
35:47 Building a Platform Company
39:02 Talent and Training Programs
44:15 Employee and Customer Engagement
47:26 Financial Outcomes & Return Strategies
50:43 Supporting Young CEOs
58:13 Teaching at Stanford
1:05:31 Coaching and One-on-One Meetings
1:08:18 Executive Coaching
1:11:19 Defining Personal Growth and Courage
1:18:41 Lessons from a Slot Machine Business
1:22:43 Balancing Work and Personal Life
1:29:21 The Future of Private Equity
1:32:29 The Importance of Seeing the Best in People
1:38:10 The Kindest Thing

#PrivateEquity #Entrepreneurship #Leadership #Stanford #AlpineInvestors #CEO #PersonalGrowth #Investing #BusinessStrategy #Success #selfimprovement #selfhelp

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817974Tue, 27 May 2025 12:12:00 +0000Horror stories and legendsGraham Weaver, founder of Alpine Investors, shares his journey from mowing lawns in Ohio while listening to self-help tapes to building one of the top-performing private equity firms. Known for their unique approach of installing young, talented CEOs...
TIMESTAMPS:
0:00 Intro
0:37 Alpine's Three North Stars
7:33 The Power of Choice & Determination
13:33 Early Career
21:45 Founding Alpine
29:36 Core Beliefs and Talent Development
35:47 Building a Platform Company
39:02 Talent and Training Programs
44:15 Employee and Customer Engagement
47:26 Financial Outcomes & Return Strategies
50:43 Supporting Young CEOs
58:13 Teaching at Stanford
1:05:31 Coaching and One-on-One Meetings
1:08:18 Executive Coaching
1:11:19 Defining Personal Growth and Courage
1:18:41 Lessons from a Slot Machine Business
1:22:43 Balancing Work and Personal Life
1:29:21 The Future of Private Equity
1:32:29 The Importance of Seeing the Best in People
1:38:10 The Kindest Thing

#PrivateEquity #Entrepreneurship #Leadership #Stanford #AlpineInvestors #CEO #PersonalGrowth #Investing #BusinessStrategy #Success #selfimprovement #selfhelp

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5980falsefullhttps://www.spreaker.com/episode/spotify-s-journey-to-profitability--74788790
TIMESTAMPS:
00:00 Welcome to Invest Like the Best
1:27 Spotify's Journey Through Technological Shifts
2:28 The Impact of Generative AI on Consumer Products
5:36 AI in Coding and Productivity
7:11 Consumer Engagement and AI Playlisting
10:43 Strategic Frameworks and Decision-Making at Spotify
15:39 The Bets Process: Structured Innovation
27:11 The Future of AI and Business Models
40:31 The Future of AI and Inference Costs
42:21 The Concept of Computronium and Infinite Computing
43:02 David Deutsch and the Beginning of Infinity
44:55 The Power of Explanations and Human Understanding
50:03 Spotify's Free Tier and Consumer Needs
52:45 Spotify's Relationship with the Music Industry
59:03 The Rise of Podcasting and Audiobooks
1:11:45 Personal Interests and Continuous Learning
1:16:32 The Kindest Thing Anyone Has Ever Done For Gustav

#Spotify #AI #ProductStrategy #MusicIndustry #BusinessModels #Podcast #Leadership #Tech #Innovation #DataScience #machinelearning #chatgpt #openai #artificialintelligence

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817923Tue, 20 May 2025 13:01:22 +0000Horror stories and legendsGustav Söderström, Spotify's Chief Product & Technology Officer, discusses how Spotify is navigating the AI revolution and reshaping its business. He explores how generative AI is transforming user interaction from passive consumption to rich...
TIMESTAMPS:
00:00 Welcome to Invest Like the Best
1:27 Spotify's Journey Through Technological Shifts
2:28 The Impact of Generative AI on Consumer Products
5:36 AI in Coding and Productivity
7:11 Consumer Engagement and AI Playlisting
10:43 Strategic Frameworks and Decision-Making at Spotify
15:39 The Bets Process: Structured Innovation
27:11 The Future of AI and Business Models
40:31 The Future of AI and Inference Costs
42:21 The Concept of Computronium and Infinite Computing
43:02 David Deutsch and the Beginning of Infinity
44:55 The Power of Explanations and Human Understanding
50:03 Spotify's Free Tier and Consumer Needs
52:45 Spotify's Relationship with the Music Industry
59:03 The Rise of Podcasting and Audiobooks
1:11:45 Personal Interests and Continuous Learning
1:16:32 The Kindest Thing Anyone Has Ever Done For Gustav

#Spotify #AI #ProductStrategy #MusicIndustry #BusinessModels #Podcast #Leadership #Tech #Innovation #DataScience #machinelearning #chatgpt #openai #artificialintelligence

Presented by Ramp:
https://ramp.com/business-cards?utm_s

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5448falsefullhttps://www.spreaker.com/episode/the-obsession-that-creates-enduring-companies-david-senra-interview--74788814
TIMESTAMPS:
0:00 Intro
1:18 The Value of Long-Term Focus
8:48 The Importance of Simplicity
12:14 Learning from Business Legends
20:15 The Anti-Business Billionaires
23:21 Finding and Pursuing Your Passion
31:57 The Miracle of Entrepreneurship
41:23 Casualness in Business
42:59 The Over-Financialization of Business
52:17 The Red Bull Story
1:04:37 Creative Financing and Ownership
1:14:21 Defining a Founder

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#Founders #Podcast #Business #Motivation #Craftsmanship #Passion #Entrepreneur #entrepreneurship #history

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817959Tue, 06 May 2025 12:00:13 +0000Horror stories and legendsDavid Senra, the creator and host of Founders Podcast, shares the essential lessons learned from studying over 400 biographies of the greatest entrepreneurs in history. Senra distills decades of insights into powerful lessons on focus, obsession,...
TIMESTAMPS:
0:00 Intro
1:18 The Value of Long-Term Focus
8:48 The Importance of Simplicity
12:14 Learning from Business Legends
20:15 The Anti-Business Billionaires
23:21 Finding and Pursuing Your Passion
31:57 The Miracle of Entrepreneurship
41:23 Casualness in Business
42:59 The Over-Financialization of Business
52:17 The Red Bull Story
1:04:37 Creative Financing and Ownership
1:14:21 Defining a Founder

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#Founders #Podcast #Business #Motivation #Craftsmanship #Passion #Entrepreneur #entrepreneurship #history

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>4638falsefullhttps://www.spreaker.com/episode/investor-details-carvana-s-wild-ride-from-99-to-market-leader-cliff-sosin-interview--74788846
TIMESTAMPS:
0:32 Early Career & Discovering Investing
1:49 Starting the Firm
7:23 Defining a Good Business
12:31 Contained vs. Uncontained Businesses
15:30 Mental Models & Market Insights
30:13 The Role of ESG in Investing
34:26 The Carvana Investment Story
41:01 The Complexity of Car Transactions
46:43 Economies of Scale and Trust
49:40 Management Insights
59:07 Operational Issues & Market Challenges
1:19:17 The Role of Word of Mouth in Carvana's Growth
1:20:28 Identifying Early Adopters
1:27:19 The Apollo Deal and Debt Restructuring
1:28:23 Personal Reflections on Investment Decisions
1:34:21 The Psychological Toll of Investment
1:45:16 Future Investment Strategies and AI
1:54:51 The Kindest Thing Anyone Has Ever Done For Cliff

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#Investing #Carvana #StockMarket #Investing #Portfolio #BusinessModels #Stocks #InvestmentStrategy #RiskManagement #cars

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817946Tue, 29 Apr 2025 13:30:41 +0000Horror stories and legendsCliff Sosin shares his investment philosophy and recounts his wild journey with Carvana stock. He explains his approach to finding businesses with sustainable advantages, his framework for evaluating company economics, and the psychological toll of...
TIMESTAMPS:
0:32 Early Career & Discovering Investing
1:49 Starting the Firm
7:23 Defining a Good Business
12:31 Contained vs. Uncontained Businesses
15:30 Mental Models & Market Insights
30:13 The Role of ESG in Investing
34:26 The Carvana Investment Story
41:01 The Complexity of Car Transactions
46:43 Economies of Scale and Trust
49:40 Management Insights
59:07 Operational Issues & Market Challenges
1:19:17 The Role of Word of Mouth in Carvana's Growth
1:20:28 Identifying Early Adopters
1:27:19 The Apollo Deal and Debt Restructuring
1:28:23 Personal Reflections on Investment Decisions
1:34:21 The Psychological Toll of Investment
1:45:16 Future Investment Strategies and AI
1:54:51 The Kindest Thing Anyone Has Ever Done For Cliff

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#Investing #Carvana #StockMarket #Investing #Portfolio #BusinessModels #Stocks #InvestmentStrategy #RiskManagement #cars

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>7019falsefullhttps://www.spreaker.com/episode/finding-the-next-figma-wiz-stripe-before-it-s-obvious-neil-mehta-interview--74788836
TIMESTAMPS:
0:00 Intro
2:32 Connecting Craftsmanship to Career
5:25 The Concept of Jaw-Dropping Customer Experience (JDCE)
12:08 The Coupang Case Study
17:16 The Importance of Founders & Business Models
31:04 Greenoaks' Unique Approach to VC
39:04 A Memorable Encounter with Henry Kravis
44:52 Early Career & Lessons from Hong Kong
47:53 The Partnership with Benny
55:08 Navigating the Competitive Landscape
1:03:14 High Conviction Investments: TripActions, Rippling, and Carvana
1:15:30 Investment Strategy & Company Evaluation
1:18:03 Adventures in Emerging Markets
1:28:09 Challenges and Lessons Learned
1:36:00 Personal Values and Community Impact
1:43:00 The Kindest Thing Anyone Has Ever Done For Neil

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#VentureCapital #GreenOaksCapital #Investing #GrowthInvesting #Founder #Startups #Business #neilmehta

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817945Tue, 15 Apr 2025 13:45:00 +0000Horror stories and legendsNeil Mehta, founder of Greenoaks Capital, discusses his unique approach to investing in future S&P 500 companies. In this deep dive, Neil explains his concept of "jaw-dropping customer experiences," and how Greenoaks identifies and partners with...
TIMESTAMPS:
0:00 Intro
2:32 Connecting Craftsmanship to Career
5:25 The Concept of Jaw-Dropping Customer Experience (JDCE)
12:08 The Coupang Case Study
17:16 The Importance of Founders & Business Models
31:04 Greenoaks' Unique Approach to VC
39:04 A Memorable Encounter with Henry Kravis
44:52 Early Career & Lessons from Hong Kong
47:53 The Partnership with Benny
55:08 Navigating the Competitive Landscape
1:03:14 High Conviction Investments: TripActions, Rippling, and Carvana
1:15:30 Investment Strategy & Company Evaluation
1:18:03 Adventures in Emerging Markets
1:28:09 Challenges and Lessons Learned
1:36:00 Personal Values and Community Impact
1:43:00 The Kindest Thing Anyone Has Ever Done For Neil

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

#VentureCapital #GreenOaksCapital #Investing #GrowthInvesting #Founder #Startups #Business #neilmehta

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>6244falsefullhttps://www.spreaker.com/episode/michael-ovitz-turning-potential-into-prominence--74788820(00:01:56) Spotting Talent and Building Institutions
(00:03:01) The MoMA Story: Transforming an Art Institution
(00:14:35) The Importance of Relationships and Time
(00:19:32) Building Successful Boards and Teams
(00:29:02) Insights on Leadership and Momentum
(00:39:49) Building Blackstone and CAA
(00:51:32) The Power of Momentum
(00:52:25) Overcoming Fear of Failure
(00:56:52) Strategic Partnerships and Global Influence
(01:12:32) The Importance of Excellence
(01:13:22) Mentorship and Legacy
(01:29:00) The Future of Media and Technology
(01:36:36) Pursuit of Happiness and Lifelong Learning

My guest today is Michael Ovitz. Michael is the legendary talent agent and Co-Founder of CAA or Creative Artists Agency and he is joining me on Invest Like the Best for a second time. Michael started CAA in 1975 and over the next 20 years, he built it into the world's most formidable talent agency, changing Hollywood forever. He shares insights into how he identifies exceptional people across diverse fields - from Hollywood directors like Steven Spielberg to tech founders like Alex Karp of Palantir and venture capitalists like Marc Andreessen. Michael is a force whose expertise extends beyond just people, as he has also become a master in creating institutional momentum, which you’ll hear in his involvement with the MoMA, Gulfstream, and more. We discuss his "pilot's checklist" for evaluating talent, the importance of time as his most valuable resource, and why he believes maintaining excellence is critical in any field. Please enjoy my conversation with Michael Ovitz.


Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/turning-potential-into-prominence/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817965Tue, 08 Apr 2025 09:00:00 +0000Horror stories and legends(00:00:00) Welcome to Invest Like the Best (00:01:56) Spotting Talent and Building Institutions (00:03:01) The MoMA Story: Transforming an Art Institution (00:14:35) The Importance of Relationships and Time (00:19:32) Building Successful Boards and...(00:01:56) Spotting Talent and Building Institutions
(00:03:01) The MoMA Story: Transforming an Art Institution
(00:14:35) The Importance of Relationships and Time
(00:19:32) Building Successful Boards and Teams
(00:29:02) Insights on Leadership and Momentum
(00:39:49) Building Blackstone and CAA
(00:51:32) The Power of Momentum
(00:52:25) Overcoming Fear of Failure
(00:56:52) Strategic Partnerships and Global Influence
(01:12:32) The Importance of Excellence
(01:13:22) Mentorship and Legacy
(01:29:00) The Future of Media and Technology
(01:36:36) Pursuit of Happiness and Lifelong Learning

My guest today is Michael Ovitz. Michael is the legendary talent agent and Co-Founder of CAA or Creative Artists Agency and he is joining me on Invest Like the Best for a second time. Michael started CAA in 1975 and over the next 20 years, he built it into the world's most formidable talent agency, changing Hollywood forever. He shares insights into how he identifies exceptional people across diverse fields - from Hollywood directors like Steven Spielberg to tech founders like Alex Karp of Palantir and venture capitalists like Marc Andreessen. Michael is a force whose expertise extends beyond just people, as he has also become a master in creating institutional momentum, which you’ll hear in his involvement with the MoMA, Gulfstream, and more. We discuss his "pilot's checklist" for evaluating talent, the importance of time as his most valuable resource, and why he believes maintaining excellence is critical in any field. Please enjoy my conversation with Michael Ovitz.


Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/turning-potential-into-prominence/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>5922falsefullhttps://www.spreaker.com/episode/the-ai-lab-revolutionizing-smell--74788817(00:04:25) Introduction to Plum 1.0
(00:06:20) Synthetic Chemistry & OI
(00:07:09) Perfumer's Organ & Fragrance Creation
(00:08:03) Launching Generation Fragrance House
(00:09:15) The Fragrance Design Process
(00:12:04) AI and Olfactory Intelligence
(00:14:59) The GCMS Machine
(00:22:08) The Scent Printer
(00:26:47) The Journey of a Fragrance Enthusiast
(00:30:47) The Unsolved Problem of Scent
(00:32:45) Applying AI to the World of Scent
(00:33:17) Validating AI Predictions with Double-Blind Trials
(00:39:42) The Emotional Power of Scent
(00:49:01) Challenges & Future Prospects
(00:59:08) The Defining Moment: Digitizing Smell
(01:00:41) The Kindest Thing Anyone Has Ever Done For Alex



My guest today is Alex Wiltschko. Alex is the founder and CEO of Osmo, a science and technology company giving computers a sense of smell. He set out on a mission to digitize our sense of smell and he describes how Osmo is teaching computers to both read and write scent. Alex was kind enough to walk me through the laboratory which you can watch in the video version of this interview on Youtube and Spotify, where he demonstrates their method to the madness. We discuss their first commercial application, Generation, which is revolutionizing the fragrance industry by dramatically accelerating the typically years-long process of custom scent creation. We discuss all of the potential business implications this technology unlocks, applications ranging from counterfeit detection to health monitoring, and creating a cutting-edge proprietary platform in a historically routine industry. Please enjoy my conversation with Alex Wiltschko.

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/


https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/giving-computers-a-sense-of-smell/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817978Tue, 18 Mar 2025 08:00:13 +0000Horror stories and legends(00:00:00) Welcome to Invest Like the Best (00:04:25) Introduction to Plum 1.0 (00:06:20) Synthetic Chemistry & OI (00:07:09) Perfumer's Organ & Fragrance Creation (00:08:03) Launching Generation Fragrance House (00:09:15) The Fragrance Design...(00:04:25) Introduction to Plum 1.0
(00:06:20) Synthetic Chemistry & OI
(00:07:09) Perfumer's Organ & Fragrance Creation
(00:08:03) Launching Generation Fragrance House
(00:09:15) The Fragrance Design Process
(00:12:04) AI and Olfactory Intelligence
(00:14:59) The GCMS Machine
(00:22:08) The Scent Printer
(00:26:47) The Journey of a Fragrance Enthusiast
(00:30:47) The Unsolved Problem of Scent
(00:32:45) Applying AI to the World of Scent
(00:33:17) Validating AI Predictions with Double-Blind Trials
(00:39:42) The Emotional Power of Scent
(00:49:01) Challenges & Future Prospects
(00:59:08) The Defining Moment: Digitizing Smell
(01:00:41) The Kindest Thing Anyone Has Ever Done For Alex



My guest today is Alex Wiltschko. Alex is the founder and CEO of Osmo, a science and technology company giving computers a sense of smell. He set out on a mission to digitize our sense of smell and he describes how Osmo is teaching computers to both read and write scent. Alex was kind enough to walk me through the laboratory which you can watch in the video version of this interview on Youtube and Spotify, where he demonstrates their method to the madness. We discuss their first commercial application, Generation, which is revolutionizing the fragrance industry by dramatically accelerating the typically years-long process of custom scent creation. We discuss all of the potential business implications this technology unlocks, applications ranging from counterfeit detection to health monitoring, and creating a cutting-edge proprietary platform in a historically routine industry. Please enjoy my conversation with Alex Wiltschko.

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/


https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/giving-computers-a-sense-of-smell/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>3736falsefullhttps://www.spreaker.com/episode/kelly-granat-investing-at-lone-pine--74788809(00:04:29) Market Structure Evolution
(00:07:09)The Impact of Passive Investing
(00:08:51) Collaboration & Team Dynamics
(00:12:18) Excitement in Periods of Extreme Change
(00:12:51) The Role of Competition & Curiosity
(00:20:30) Fundamental Research & Data Integration
(00:26:04) Investment Philosophy
(00:34:01) People-Centric Investing
(00:40:54) Succession Planning
(00:48:02) Facing the Pressure of Early Success
(00:49:01) Burnout & Rediscovery
(00:55:38) Learning from Industry Leaders
(00:56:34) Evaluating Talent and Competition
(01:09:59) Lessons in Investment
(01:25:57) The Kindest Thing Anyone Has Ever Done For Kelly


My guest today is Kelly Granat. Kelly is the Co-Chief Investment Officer and Managing Director at Lone Pine Capital, one of the most storied and successful hedge fund and investment firms of the last several decades. We explore how investing has evolved since Kelly joined the industry and she shares insights into Lone Pine maintaining its edge through deep fundamental research and a collaborative culture. We discuss what makes great businesses and great investments, how leadership can transform companies, and Kelly’s perspective on evaluating management teams and identifying opportunities around corporate change that the market often misprices. Please enjoy my conversation with Kelly Granat.

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/investing-at-lone-pine/

Patrick O'Shaughnessy: https://x.com/patrick_oshag]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817969Wed, 12 Mar 2025 20:57:29 +0000Horror stories and legends(00:00:00) Welcome to Invest Like the Best (00:04:29) Market Structure Evolution (00:07:09)The Impact of Passive Investing (00:08:51) Collaboration & Team Dynamics (00:12:18) Excitement in Periods of Extreme Change (00:12:51) The Role of...(00:04:29) Market Structure Evolution
(00:07:09)The Impact of Passive Investing
(00:08:51) Collaboration & Team Dynamics
(00:12:18) Excitement in Periods of Extreme Change
(00:12:51) The Role of Competition & Curiosity
(00:20:30) Fundamental Research & Data Integration
(00:26:04) Investment Philosophy
(00:34:01) People-Centric Investing
(00:40:54) Succession Planning
(00:48:02) Facing the Pressure of Early Success
(00:49:01) Burnout & Rediscovery
(00:55:38) Learning from Industry Leaders
(00:56:34) Evaluating Talent and Competition
(01:09:59) Lessons in Investment
(01:25:57) The Kindest Thing Anyone Has Ever Done For Kelly


My guest today is Kelly Granat. Kelly is the Co-Chief Investment Officer and Managing Director at Lone Pine Capital, one of the most storied and successful hedge fund and investment firms of the last several decades. We explore how investing has evolved since Kelly joined the industry and she shares insights into Lone Pine maintaining its edge through deep fundamental research and a collaborative culture. We discuss what makes great businesses and great investments, how leadership can transform companies, and Kelly’s perspective on evaluating management teams and identifying opportunities around corporate change that the market often misprices. Please enjoy my conversation with Kelly Granat.

Presented by Ramp:
https://ramp.com/business-cards?utm_s...

Sponsored by AlphaSense and Ridgeline:
https://www.alpha-sense.com/invest/
https://www.ridgelineapps.com/

https://joincolossus.com/series/inves....

Full Transcript and Show Notes:
https://joincolossus.com/episode/investing-at-lone-pine/

Patrick O'Shaughnessy: https://x.com/patrick_oshag]]>5315falsefullhttps://www.spreaker.com/episode/jared-kushner-the-mechanic--74788794

https://joincolossus.com/series/invest-lik...

Full Transcript and Show Notes:
https://joincolossus.com/episode/jared-kushner-bu%E2%80%A6sting-government/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

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Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>https://app.pigeonpod.cloud/feed/2091631691048759298/episode/2091657830772817986Fri, 20 Dec 2024 21:08:39 +0000Horror stories and legendsMy guest today is Jared Kushner. Jared has lived more lives than just about anyone I know his age. He ran Kushner companies for years, investing in real estate in and around New York City. He owned the New York Observer. He was a senior advisor to...

https://joincolossus.com/series/invest-lik...

Full Transcript and Show Notes:
https://joincolossus.com/episode/jared-kushner-bu%E2%80%A6sting-government/

Patrick O'Shaughnessy: https://x.com/patrick_oshag

******
Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc]]>10362falsefull