Three years ago Google looked hapless, scrambling to respond to ChatGPT, while Microsoft, thanks to their groundbreaking partnership with OpenAI, looked on top of the world. Now Google is pulling away in terms of market capitalization, which makes their decision to issue equity to Berkshire Hathaway a curious one.
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If a startup launched this product and was able to do the demos that they can do, that startup would be able to raise at I would say easily a billion just based on current market conditions. But they're a startup is evaluated a lot differently of course than a you know public company that has spent somewhere in the range of three half billion dollars building this product.
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The thing that I found, that was quite surprising, is that the best founders are almost never the ones who can articulate most clearly what they do. The best founders are the ones who can articulate most clearly why they do it, and the ones who have a deep emotional connection to the problem they're solving.
Kareem Amin — Invest Like the Best with Patrick O'Shaughnessy
Musk has always been able to do is to create this narrative over numbers that's like no one else in history.
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