The only podcast you have to listen to every week. No politics. Just tech. - Anthropic Raises $30BN from Microsoft and NVIDIA - NVIDIA Core Business Threatened by TPU - Sam Altman's "War Mode" Analysed - Sierra Hits $100M ARR: Justifies $10BN Price? Spotify 👉 Youtube 👉 Podcasts 👉 My 6 takeaways with @jasonlk, @rodriscoll👇 Timestamps: 00:00 Intro 01:05 Anthropic's $30BN Investment from Microsoft & NVIDIA 09:57 NVIDIA's Customer Concentration: Bull or Bear 21:27 Google vs. OpenAI: Sam Altman's "War Mode" Memo 35:25 Sierra Hits $100M ARR: Justify $10BN Price? 45:45 Implementation is the Biggest Barrier to Enterprise AI Growth 54:16 Lovable Hits $200M ARR & Rumoured $6BN Round 01:05:17 Is LLM Search Optimisation (GEO) Selling Snake Oil? What AI is a Fraud vs Real? 01:18:30 Figma Market Cap: Is the IPO Market F****** for 2026 01:27:26 Quick-Fire Round

1. The Signal That a Company Is in War Mode The real signal of war mode is wondering if the CEO pushes too hard. At the best companies, CEOs sometimes snap because their drive to win is relentless. Using simple metaphors like “war mode” is what motivates 5,000 people to move in one direction. Love to hear your thoughts on does “war mode” ever work as a rallying call and which leader exemplifies “war mode” best @dafrankel @honam @chadbyers @mmurph

2. How to Justify the $10BN Price for Sierra The math to make this work: - Sierra went from $10M last year to $100M this year. - Assume they grow 5x next year, then 3x, then 2x… they reach $5B in 5 years. Service Cloud does about $8B in revenue today. The only way this math works is if they capture part of the $200B/year services market.

3. The Rate Limiter for Sierra and Enterprise Companies Sierra’s growth is not constrained by demand but by enterprise change management. Each $10M rollout needs complex integrations, training and an internal process overhaul. The real rate limiter is the physics of enterprise adoption. Do you agree with this @btaylor @claybavor @GuptaRK22 @peterfenton and how do you think about how to reduce the friction on integration and change management?

4. Either Wix Is Dramatically Undervalued, or Lovable Is Dramatically Overvalued. If Wix pulls off their strategy, they will be valued for it. If they just check the AI box and don’t make it core to what they’re doing, Lovable will be king. Love to hear your thoughts on this @Avishai_ab @MS_BASE44 @marktluszcz @mikeeisenberg

5. If an AI Product Needs Your Credit Card Before You Start, It Is a Scam. The best AI companies let you try it for free before you need to pay. Lovable, Suno, ChatGPT… If you have to enter your credit card details immediately, it is a bad sign. Love to hear your thoughts on this @ncsh @gmharhar @kevinweil @jackdbrody @mignano

6. Why You Can Never Push Your Team Too Hard My number one bit of advice: do not go easy on your team. Love them, back them up where they’re good, but push them even harder. The best ones will always step up. Love to hear your thoughts on this @rabois @bhalligan @mbrandolph @t_blom