Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
18 Oct 2021 Acquired Standard Oil Part II
“Fast forward to today, I don't know about you, Ben, but I am wildly excited about investing in startups and not in big tech companies.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 18 Oct 2021
- Publisher
- Acquired
- Episode
- Standard Oil Part II
Transcript context
…All the returns are accruing to scale in a way that's never happened in this industry before. It's just going to happen indefinitely. Any new market or idea of any import that comes along, the best you're going to be able to hope for is that Facebook buys you for a couple of billion dollars. It seemed dire out there. Fast forward to today, I don't know about you, Ben, but I am wildly excited about investing in startups and not in big tech companies. It feels like the same way that it was at the beginning of the mobile era. It feels like this explosion right now, particularly Web 3.0. A lot of crazy wrong stuff out there, but there's so much heat and energy and it's such a new paradigm.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.