TWiST News: Nvidia's AI Edge, Google Might Have to Sell Chrome, and Founder Fridays Updates | E2049
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So, jp, do you think that the D O J has gone far enough in its proposed remedy? I was reading the law who heads polo of a White commodity, and he was saying that some of google's complaints, are them actually just pretending to be upset that the D. O. J could have gone further. So was brave, hoping for an even more punitive set of m.

So everything we need is in there all about, and there are two ways you can monitise. And there are two ways that google can remedy the situation. One is if you have a broza like brave, and you send a lot of use to google because, you know, half users are still using google, so we send them a couple quiz of months s for which dead on players right? Ah yeah ah we talking about big numbers and one billion three a month are coming to our bows, but we get no money on this on this traffic we sent to google for free for year and talking about hundreds, millions of dollars that we've .

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Are everybody welcome back to this week and start up? I'm Jason in clinic X A complex. Jason m.

dosch. Jason linked in. Jason clicks on all the platforms. I interact quate people. Dms are open. And with me, of course, alex will have the famous technical editor and writer has joined this week and startups to chop IT up with me three days a week. And we've got more guests coming in. We're going to be doing some trip lets and cortex coming up if you have people who you love uh and you want to see on regular rotation here on this week and sort of to let us know because we're doing news three days a week with interviews, we put IT together. Uh, alex, how you do on a thursday?

Yeah, yeah. No, i'm doing good. I'm just kind of amazing how much going on in technology right now given that at this time of year, you know, i've been a reporter for a long time.

Usually back in the day, things would slow down a bit, but IT feels, I don't know, this is just post election joy. And so first ent, yeah. IT feels like the news valois. Ity is about as highs ended the point this year. So i'm feelgood.

What's to talk about? You are right. The velocity of news is tremendous. I just so I met gates is not gonna be attorney general. He took himself out of the running IT is.

And with trump, you have to understand he's an entertainer and he does a lot of entertaining things. And the press loves, loves trump because trump equals ratings. So there's gonna be a lot of politics and policy on the show over the next four years.

We're going to try to keep IT out of the lunacy and the mack gates craziness. We going to try to keep a policy based. But of course, here we are.

We're about to talk about google on the docket and the google break up remedy. yes. And I think that baggages would have play a major part in that.

But now we have to take that out. So it's going to be crazy. And one of the great things is having people who are first principle non partisans to talk about IT.

That's what we're hoping to do here on the show. Let's get right to IT. You know, I know you are very excited about in video last night and they crushed.

Yes.

just discuss the overview here. I mean, this is extraordinary.

IT was incredibly impressive, as we said. You know, if they just met expectations, probably not enough, respected them, actually beaten them by a little bit. Jason, here's the number.

So revenue expected thirty three point two billion, revenue actual thirty five point one, and then earnings per share expected seventy four cents, actual eighty one sense. And then yeah, I know. right.

And then critically, they are guidance for the a last care of the year there. Q four disco twenty five did have guidance that met investor expections. So everyone's pretty happy shares have a move too much chasing. But IT does seem to be that this indicates that the hike, train and A I can keep going for at least another quarter or two.

All right. I just wanted post you and say they beat the outlined by two billion dollars, one point nine billion that's extraordinary. I mean that is just bunkers on already high expectations. They beat the E P. S by seven cents a share, which is about ten bushes like .

what I was about to say about .

ten percent yeah that is extraordinary. Um and they're saying revenue in the next quarter will be thirty seven point five billion or something to that effect, which is another I have billion, another almost you know whatever ten percent in minutes on and that's quarter of quarter to go up eight percent or something. yeah.

But the started move, I think that means that it's all Priced in. Everything's always Priced in. So be careful out there, folks. It's this thing is a jog or not. It's not going anywhere in.

The question I had for you yesterday was, so anybody gna compete for these dollars? Is there a competitor for these dollars? And he does not seem like that has emerged.

I know amazon has a big project to make their own chips a and competing products. Is there any oma horizon headwind or leiva headwinds? Headwinds would be things that are not direct competitors. There would be things like the economy set A I guess there's two things that people are wondering. What will there be a competition for this category servers essentially in data centers for A I and then number two, this hitting a wall concept that people have been debating, you know, is they're going to be some platoon of A I and therefore the need for be. So any insights on those two?

yeah. So the thing the way that I would answer the question about A I chips, A I focus chips and competition is that assistances right now, they have already secured sufficient leadership in the next generation of chips that any material competitor from the startup, or I would say a big tech company as well, will be in the next generation. So the investing call after the videos, earning focused lot on black.

Well, Jason, which is the successor to the hopper architecture that we all the h one hundreds that are out there and uh just putting um from their earnings call demanded greatly exceeds supply. We are on track to exceed our previous blackboard revenue. Customers are getting up to devoid blocked whale scale at sea at sea.

Ta so IT seems that inviable retain the crown for the foreseeable al of future. That said, there are a lot of starts out there that are pursuing this because that the company makes so much money. And Jason, I think any business that has thirty five billion in revenue and that income of twenty billion in one quarter is going to attract a me a sea of competitors over time. There's just too much profit there.

Genoc vector, I guess the amazon in house AI chip training um too. Yes, that's the one that's designed to reduce essentially amazon's reliance. But amazon is want the biggest customers because they have A W S.

So even if amazon does make a great in house chip for lower cost jobs to reduce people's A W S cloud computing bills, and you would assure other people will do the same, people still might want to rent h one hundreds. So it's not black ds. So therefore, it's not even amazon's choice they're providing to the start of community.

Other folks, they're cloud as as as as d google cloud as this oracle cloud. So they are just going to buy what their customers want. We're going to see, uh, cerebro is the other company, I guess, that making A I .

chips serbs um echt. And then also there's going to go d matrix and there actually microsoft back and there is a new story they came out this week just put up. They should together their first actual chips.

So there's movement here. I I think one reason season, we haven't seen as many competitors out in the market as you might expect, building chips as much harder than building software in terms of time to product in market. So I would not be shocked if next year was a very exciting year for chip startups.

But you also asked about the A I wall, and this was what I was most curious about the earnings once we saw that the numbers themselves were good, kind of what we expected. So the first analyst question that I saw was something going, uh, hey, Jenny to o NVIDIA, what's up with this A I wall? Are you worried and jen, I would say a very good answer.

And i'm going to try to just add this into a couple sentences here. Tell me if this works. Essentially the old model of training A I models, free training scaling is intact, he says, and is still continuing that not address, I would say the rate of progress, people say, has slow down, but jensen says there are two other ways that they are improving air models in the market today.

One is post training scaling. And then essentially what we saw with a one from G H OpenAI e, which was H A test time scale. So there's two other approaches now create three prom approaches to improving AI models, which in on things is going to keep going improving what we have in the market for a long time to come. So some slowed downs in one approach, but there several approaches were fine.

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So let's talk about google 的。 D, O J obviously has a case against google, and now we're going to the remedy, google lost the case, maybe take this up for us. And then let's talk about the remedy. And I have been giving a lot of thought um as to how this might go down. And I have a lot of practical questions about what would happen if google alphabet was forced to spin out the google chrome ser.

yes. okay. So just to back everyone into this, uh, recall that back in honor of this year, google was declared by a court to be a monopolist and one that put acted as one to maintain its monopoly.

This was for your nerves out there, a violation of section two of the sherman man at Jason. This scent shocky through technology. This was a big moment. The question then became though, okay, google is a monopoly.

What are you going to do about IT? So we've been waiting to hear from the department of justice what they are going to put out in their initial proposed final judgment or P F, J. So if you see that back out there in the news, it's essentially the D O jays pitch to hate. There's monopoly. Here's how we're going to fix IT.

And Jason, the the headline story out that everyone's talking about is that the D O J wants google to divest rome, but there is quite a lot else in there, including the possible diversity of android and a lot of other business rules about what google can and cannot do, including invested into other AI companies or other search companies. So IT feels pretty broad and google is a pean its pants is maybe how I put IT from ka gal term. That's a technical term. Yeah I mean.

I don't know that they need to I think what they need to do. And this is really the hard thing to do when you've got something as core to the business as if two corp. Ece is chrome, which is kind of built into everything is very integrated into search because you have the default search engine.

IT is very tight to your google account, whether you have A G M L ground or a google domains account like a google dox account, because IT seeks all your information into the chrome browser. You know that when you log into a chrome wiser. So they have really this tightly.

And then, of course, the reason they did rome was to control the user behavior of going the U. R. L.

bar. And instead of typing in google 点 com， typing in your surge. And firefox was printing money for a long time, as was the oka browser.

Mozilla, just a bunch of folks. And so all of this added up to a way for them to kind of intercept searches before anybody else could intercept them. That's why IT was so critical for them to give tens of billions of dollars a year to apple to secure those I N customer.

Apple customers are the highest end customers because they they can afford to twelve phones. So the default search there is worth more because remember, google search monetizes that are advertising whoever owns the apple user base gets the Mercedes, the tesla ad searches whoever owns the android users. Well, yeah, they get a lot of global users.

Uh, they're gone to get the toyota, no, thanks. A toyota, toyota, a searches and the use pria searches. So IT just keep that in mind of how critical some of these deals are to them.

And also, Jesse, the data that comes from those searches is more monodist able, to your point, which is very critical, but also IT provides a lot of signal to google about how to tunit. And one of the point of G O J made IT was that google bought access to to essentially search audiences, use that information, make itself Better, and then no one else could compete that with that virtually cycle. So one of the remedy is that google will, after qube, disclose data sufficient to level the scale based plane field that is illegally slender, including at least licensing syndicated search results that provide competitors a chance to offer greater innovation. That's a lot.

yeah. So I had talked you a little bit about maybe putting in context uh, how much revenue google has from advertising verses other ad networks and surfing that because one way to look at this is product base. Another way to look at IT is revenue based on a product basis.

You can debate that google doesn't have ninety percent of queried searches right now. Although you and I know people are doing searches and claude and ChatGPT pretty frequently, I would say the majority of my usage of surge has gone to OpenAI with a trickle to grow in a trickle over two claude right now, uh, and actually some to gemini. So I would say I might be, you know, the the early adopter in this metaphor, the vanguard technology adoption.

So I feel like that part of IT is going to be sound by the market, which is the great paradox of this. By the time they got to twenty years later to google search monopoly, IT has viable competitors, which is really weird. It's almost like somebody up to the top of the hill and they started running down the hill and push him in the back .

and they going to go tumbling down the hill. And I yeah it's like .

tripping somebody who's already fAllen if they're already, you know at peak surge mark ship. But if you look at this through online advertising, they are also a smaller percentage of online advertising than people realized because they're competing with amazon, uber, insta car, door dash and of course, meta who have large adaptive tizer businesses. So and then if you look at advertising overall, which would include television advertising, I think netflix, amazon prime, other people have advertising right now um and then you have advertising sing in newspaper s magazines and then you have outdoor advertisers and see if other places to overtake your advertising dollars many idea, percentage wise, what percentage of revenue? We all know that google has the majority of searches, but what about ten dollars?

I wanted make a point before I answer that, Jason. Just who knows that when we talk about the google uh search monopoly, just to be clear, the deo ja reports that google has unlawful ly maintained its ga police in general search services and search text advertising. So IT is a very um it's a constrained point, still a large market, but certainly not trying to say that they own all the advertiser market or all of search whole cloth. So there are some directions there in terms of their total share of the us advertising market. I don't have the number of all of my head.

but it's twenty seven percent.

I was going to say in my third.

So yes, and if you look at the duopoly google and meet together, they hold fifty seven percent here in the U S. So that means like of all advertising in the world, they own maybe single digits. That's the you know like the question I have um how much they own of all.

So what will bring that you in another episode as we double click on IT, let's talk about what are some possible scenarios here. And then we have a special guest, which are very excited about because my favor browser is brave, and we have somebody from brave here, a competitor who is directly impacted by all of this. So if google is forced to spend out google chrome, I have a series of OK who would buy IT.

They have to spend IT out ah so that means somebody has to buy IT or IT has to be a standard alone business. yes. So let's start with the first question, who would personally buy this because and then what would you value IT? And yeah then what you would value with that would be based upon its ability to do a deal for a search.

So here we are. If if you are the D O J, you're probably going to say you can be owned by the max seven, right? Because that makes an essential breaking up one of the max.

You're not going to apple buy IT your amazon or matter by IT because they are it's just like making somebody else, you one of the seven, you giant bullies or whatever you want to call them if you view them as police like the D O, J does, you're just letting one bully get the weapon of another bully. So that's it's got to be somebody below that group, somebody under a five hundred billion dollar market capacity. okay.

But would you allow if a smaller company bought IT, let's say you going to pick a random company here. Salesforce isn't in or hub spot aren't in the max seven right there under a trillion dollar market companies, I believe. So if you let a sss company at last, son, I don't know, some fifty to two hundred fifty billion dollar, five hundred billion dollar by IT, would they not be allowed to do an ideal with google? Would that be not a wild?

Because if self, for I, I don't know why they would, then you say they did, yes, then they're gonna banned from having google bia in google monarch zer at the highlevel, which means they have got a let somebody else buy IT. Then how do you value IT? Because if you can do a google deal, well, then it's, I don't say worthless, but this can be hard to monitise this say that means you have to sell the advertising to pink or brain or doctor go or somebody who has a competing search engine.

Or would you sell IT to yahoo? The private equity owned, you know, maybe five or ten billion dollar that owns a collection of assets. Maybe that makes sense, but you would essentially be sunsetting this present.

Now on top of all, that is an open source company. So i'm going to stop there because this is one of the most complicated things i've ever heard, strategically cutting out chrome. Okay, no big deal.

It's a pain in neck for google. But how does IT become a viable standalone business if you can have a search? All right, take a second and picture the ultimate all star team for your start up.

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I honestly do not know in Jessen, it's great to you point this out. We were on hacker news earlier today looking for the most interesting commentary from the market. And quite literally, this is the thing people are doing on what is the value of prome not inside of the search company and when it's unable to monodist via a major search deal, ala what we've seen with IOS and google, right? I honestly have no idea.

And so Normally when we talk about taking a large company and breaking up in a smaller pieces, we think in terms of unlocking value, that if he took something, invade IT, smaller and more discrete people will value differently, and that the aggregate would be worth more than the whole. In this case, IT feels like if you break off chrome, IT crumbles into your hands like sand. And so I don't see that happening. And so here's my pitch to you. Is this the D O J doing the dorr slammed negotiation technique, make a lot of notes threaten this and then when they actually retreat to the position they expected, IT feels like a concession and in mm vegas to say, hey, you know, we got to keep from that that.

I mean, who knows? I do think they're probably trying to give google an offer and here to make a sacrifice. You're exactly correct. Taking some things out of a conglomeration lock value, taking youtube about what unlock extraordinary value. And I think the greatest move for google shareholders will be .

to just offer .

that offer you to offer youtube that's fifty billion in revenue year plus the subscription base. IT would be a netflix competence immediately. Google would be bombed, but IT wouldn't be the end of the .

world for them. I agree with that. And just to put IT into into context, everybody in q three this year, youtube ads were at eight point nine two million doll business, Jason, okay, up from seven point nine in the proceeding year. So not the fastest growing company, but certainly one that has ample scale to be public and still maintain advertiser share.

And so far so that supt revenue for sure.

But how does but the the issue I have with this is not uh product complain, but more of the how would divesting youtube answer the core issues the D O J has with google, a kind of search ads business, and does IT actually go at the heart of that particular issue. As a schierl al lamp, I get IT unjust current of little appears, the right.

the search. A lot of youtube is a lot of searches. So if you look at the percentage of searches, if we go down, and I don't think they would be able to monetize the search deals with apple acceptor if they didn't at the level they're able to, if they didn't have youtube, I think it's that key of a peace to think they are making fifty billion a year youtube because the ad revenues like thirty three, thirty four billion and then there's another fifteen billion, I guess, in subscription revenue with youtube premium.

So yeah, I don't think it's a perfect mac to the concerns they have, but IT would be significant. I think that would actually be more significant than chrome in terms of putting google in some ways in terms of the size of the business because I think you're locked five hundred billion of the market three times. Uh, chrome, not sure, but let's bring our guest on and let's see what their opinion is here. Uh, and so that will really help us contextualize this everyone.

we have a john poshness or jp, if you want to call them that, if you're here in the U. S. Head of brave search, head of ads over a brave and also worked, according to his linked in at abe books way back in the day. But yeah, if you use book neg, you know that company J P, and appreciate what you take. Your jp.

when you see them spinning a chrome, you work on the brave browser, a private company. I love IT. It's my favorite browser that is is my every brother as you don't track anything and you have shield ds up and and when you have your shield ds up on the margin, some websites don't like IT, but I would say ninety five out of one hundred IT just works so much faster.

And IT works really well on mobile. And you have your own search engine, which I do not change my default search engine. I like to use brave.

I have a little privacy. I like to go faster, and I don't like to be track. Of course, I use google sometimes I go back for google flights, I go back for nick cores.

But I have gotten quite used to brave search. And so when you you run A A browser company, you are santal embrace your company. So do you make money through a deal with google at all? Or is your money all coming directly from your own twist?

I guess IT comes directly because one of the but one of the points that D O J is making is that google only gives you money if you agree not to compete with them and that is the car the matter. So if you have a brother er and you decide to make a change and you going to money from goole, you get money.

Google if you agree not to compete, which in the case you had the example of, uh, apple doing some deals with being for syria and and google telling them we on we like that so much. Firefox was actually invested in clicks, which is the a company that uh created what became brave search. And uh when they renegotiated deal with google two thousand seventeen, google told them that they didn't like that thing in europe.

They were doing so the payments uh of google two brothers were always conditional on non compete. And this is the crux of the case, and this is the remedy. If you read them carefully, this is basically what is not forbidden.

So these strong on tactics will call them what they are. If you want this incredibly robust, the largest search ad network in the world, and you want to monetized on your search engine, and the save graves or duck duck go is a competitor, you are the two, I think, largest independent search engines outside of google in the united states, in the english byle language, you can use their ad network. Their ad network has and then if anybody tries to compete on the margins, they swing a stick essentially and say, yeah, we don't like what you're doing there. IT would be terrible if something happened to that really nice car you have parked outside and you know in broken land, you know, when they told you like would be terrible something happened to the car you're parking in front of my house, you would move your car because you would know what would and you might have a broken window or you know, your tires might be gone when you come back.

Now that's really one of the main moitie of the main anticompetitive. More google. Basically, here's a part of money, but you agree, do not compete.

And if you compete, we basically make your life nearly impossible because you have to do you have to finance a broza, which is since the day of explorer has become an on profit, right? Lets me did not monitor ze to b to see business. They gave the browser away, try to sell the server when explorer came out, there was by the windows, so is for free.

When firefox came out, IT was open sores and sort of a uh uh a all cast of netscape and they couldn't make money. He was non profit, right? And and chrome was offered as a way for google to use the payments to sea parties. So the browser business has always been .

a lost leader, right? Tell me how you built your search index and how hard IT is to compete against google global search index because this is seems like annon trivial .

trial IT .

seems like would cost a lot of money and a lot of time. But correct me if .

i'm wrong or i'm right yeah I mean we we so first that we are at brave search. D uh, one out of three a independent indexes. I think there's google being in us. They used to be Young x and by do, but I think both of them have pretty much given up on on trying to index the american and european uh well, a companies like dog dog go complexity or everyone else that you could call a search engine a typically just worry about the user interface and put a very nice they basically use A A A search A P I in the back. Ah there's three search A P I in the world being search A P I brave surge P I and google search API, which is actually underuse because it's not a high quality and it's not .

exactly quality on purpose.

by the way. Yeah course. So this is one of the other remedy is that the D R J is asking a google to make a basic, cheap and high quality version of its .

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Uh, i'm ambivalent about that one because we build a large business in the search A P I A brave and we would not like google to have to sell IT for zero box, right? Like that would not be so great for us. So that's one of the stuff that we critize, but there's only uh, independent surge engine.

And to come back to your question, yes, IT is hard. That's why I started distinct in two thousand eight and he took a great team of people, uh, many, many years to get to a level where we could get two hundred percent, which was only achieved by Joseph and his teams. So jasaw runs the search engine.

IT was only achieved after being raised Price factor seventeen fold after they had to deal with open eye. And we could not afford the ten percent that we were still using bingo, and we decided to go to another cent. So he took us thirteen years to go to independence in the, in indexing.

So, J, P, do you think that the D, O, J has gone far ough? In its proposed remedy, I was reading luther law who heads pause you of a White commodity. And he was saying that some of google's complaints, are them actually just pretending to be upset, and that the D O, J could have gone further. So was brave, hoping for or any even more punitive set of remedies.

So everything we need is in there. Uh, and then suma. Uh and so I do agree with what you guys we're discussing earlier that there's a good settlement that can be made there and IT IT could very well be that they don't have to do this crown in the end.

But the main reason people don't compete in search right, is is not about data so much because know there there's a lot of kids that went to stand for, that went to stand for, we we know how to build IT, right? The problem why we not building IT is because no one is going to give us money to build IT because they don't think it's gonna move, right? No, VC is in the last fifteen years.

Jaison knows this, but he was a little, but he was more like twenty years ago, jazz. Then I was search. No one will give you money to build the surge.

Dex, you a, and they don't give you money because they don't believe that you will be able to distribute this number one, because they know distribution cost money. Distribution would be possible if you are tons of money. So it's all about moitie ation, right? And there's two ways you can monitise, and there's two ways that google can a remedy the situation.

One is if you have a brother like brave and you send a lot of ways to google, you know, half users say, are still using google change. So we send them a couple billion quies a month for which dead on payers yeah ah we talking about big numbers and one billion increase a month. I coming to all brows ago, we get no money on this on this traffic we sent to google for free for year year hundreds llys we've given.

On the other hand, if you have a search engine, they have a product for search which is made to financial engine except you cannot use IT if you have a brother because they don't allow you to month previous, that starts from a tool bar they call IT. And this is ridiculous, right? And both of these points are in the D O G document, meaning that there is somewhere in there.

Well, it's a bit loyalty, right? Because they turn IT in a negative. They say that google is not supposed to pay uh to give special value to people who for executive at now, let's play this for a minute.

Does that mean that a google cannot pay apple for the traffic? While that would be interesting because then the market cap of google would grow up by five hundred billion, right? Because twenty three billion times multiple and apple's market cap grow down. So the perpetrator gets up, that doesn't make sense. So they will continue to to to pay apple, I believe, roughly the same.

We want the money, but they will also have to pay brave the same more of money, but they cannot request usvi, which means that, uh, apple will have to display a choice queen and say, do you anna use brave? Do you anna use google? right? There's a lot of choice queens in this remedy situation because.

jp, sure that I give this, because exclusivity won't be allowed. Your company will therefore be able to monitor ze the search queries you already in the google from great, but don't use brave search.

So we believe so. And and second, uh you know, whenever had the chance to talk to the D, O G said, look, look, if he doesn't help brave. I don't know if it's a remedy that works.

If no, if you spin out prom does IT immediately help brave. What IT depends, because if they have a gigantic deal with google, you just create another monopoly or near monopoly, not a monopoly, but new monopoly. And they the richest company in the world, right? And they can starts, uh, I don't know.

I mean, it's a different world, but I don't think you really make a use difference by just doing that not to be filed to the D O J. That's three lines in a thirty five page documents. Obviously for the press, you have the impression that is thirty five pages out of, uh, thirty five pages.

That is I think it's very easy for the press to consecrate ze spinning out a product. What they don't understand is the deal structure and that's where the nuances. And I think, jp, you explain that perfectly, which is if you are on a search engine, you can use their if you compete with them on a browser or search engine, you can use their ad network.

And just saying to them, listen, if you're gonna people monitise, it's got to be good for everybody you can pick and choose and you can't strong ARM people into not competing with you because that is the definition of antitrust being able to say and make you keep taking this further and further and further. Now they can't bully apple, but they could have said to apple at some point. And there was A A lot of rift here between apple in google over the iphone because andy came first and Steve jobs held very betrayed by the iphone.

I mean, imagine if they said to apple, like you can't make an iphone or ela, we're not going to allow max to have. Sir, is google a man? It's really crazy to think of telling other people what businesses they can be in, in order to have the business relationship with you.

But that's what they did with some songs. That's what they do with with firefox, which are less powerful. They basically told some sung, you can have your own brazil, but IT has to have google search in IT, but you cannot have.

I, I, I, I run a brazil in asia, and i've tried to be on the phones and they will tell me, no, we can do that because we have deal with google and even browse that we would preinstalled on the second screen have to have google search as a, as a default. If not, we don't get the APP store. So that's one of the remedy as well that google cannot a in the future condition the availability of the upstart, which you don't have the up store. Your android phone is a in a supermarket and .

you don't have anything on the shelves.

So yeah, so that was .

the another .

remedy you know you have not like ten sections and and each section does like five remedy and one of them is google cannot condition the availability of a another product based on the a supply of search as a different .

t ah is google upset at brave for you know um protecting people's privacy so definite and removing ads and giving that control to users or is that part of their animosity?

Torch brave? You know they just on payload, but I think the fact that they on payload is more connected to they don't like competition. And you know, a Brandon is a person that has built two major search engines, two major browsers in his life.

So, you know who's to say I would do IT a third time? And H, I remember that was the company before brave that that was sold to brave. I used to tell prospective employee would always ask a question, why those the world need another brows and engine? And I would tell them, look, there has been five browsers in the history of the web.

It's only twenty five thousand years. Who tells you they cannot be a six one, right? Like what? Why does history stop at chrome?

Uh, and why do you only need a so changes in the world? I don't know. Like like IT, I mean, it's difficult to build. So yes, they are less so changing. They are less countries in the world that makes so changing the tries make atomic bomb ah it's difficult um but but having an other search engine I mean that's certainly is a nice thing to have.

What do you think of what sam holland doing over at opening eye with their search experiment is IT good.

Yeah I mean, first of all, they realized that, uh, they realized the number of things. One is that A, A, L, M that's not connected to the web is a bit well, is less good than IT could be, right? yeah. Uh, and if IT is connected to the web, then IT is most likely going to use a search engine to go to the word because no and so without you know I I can talk too much about uh all the things but I mean they have to connect to some search engine you know and like N A P.

I with a company that we may have mentioned in the last five minutes perhaps maybe um .

and but the the thing is that not the question becomes much more interesting is where does A I live in the future because you can answer that question I say live where but yeah the real answer is there is a place where people ask every question they can think of and that's the the navigation bar of her brothers right um and so does A I like like in brave and a new use with so you know that we have to summarize which.

By the way, we launch way before google and way before anyone and IT basically reads all the results of the web for you and somewhere ISIS them on top, I think is a super useful feature for for that kind of of quiz and and so exactly, I mean, people are gonna use GPT, of course, in a, in A, B to B, A, P, I time business. And I will have to be collected to the way as well. Some people are going to use GPT or the way page.

But I think you know a lot of people will use GPT in a brother like, yes, products that will have access to if I want to go to a restaurant tonight and I want to know who are the five best restaurant and you know you to get some A I somewhere and and that is, uh, going to be in something of a problem. So yes, i'd open the eye. E as a guy was one of the first created as a firefox and one of the guys who created chrome. So they work at open a eyes. So yeah, they're probably be doing a broza, right? Yeah but and at some .

point they will launch your brother, you're right. yeah.

One thing is that I over the years, building surge engine, I realized that some people talk to think differently about things. So many years ago, I was trying to convince a facebook, a dan rose and and socar berg, like you guys, you should lose a broza like you. Such a threat to google.

If you, if you, if you launch your brother, are you going to be master of the world? And they were like, now we already have one. And as, okay, 我 my APP is a broza people open link and and my my social discovery search。 So they had a different view of the world, which not not to be correct because but they didn't feel the needs.

So I could very well be that that open a eye goes in the same direction, and they say, is very A I centric. And we don't care about navigational queries. We don't care about this. We don't care about that, but what google discovered in the past is that you need to have hundred percent of the queries if you want to make money on the eight percent.

And so sure you remember the you've done with plexus and in a the twenty four percent that are not monitoring, right? So so if you explored the the number of times and you say there's a company that does the smart stuff in the company that does the navigational stuff, there is a there is the company that does the porn stuff and then there's the company that does the commercial stuff, that doesn't work so well, 嗯， because you have three bankrupt companies and you have one that makes all the money, and that will be amazon s right? And and so so I think that the magic of search is having this box where people just ask everything and I have to live, is gonna to live there.

We talked about how there might be monitise ation no opportunities in a post google settlement world. Brave and brave search. I'm careful what your expectations are for driving increased search of volume. Because if you montibus you, your existing volume Better, great. But do you think of the remedies as discuss by the dog, will actually help smaller exchanges get more .

net new users? yes. Uh, so we already have kind of in europe, we have a preview of this because the D M, A, which is a new legislation in europe, actually forces apple to give uses a broader choice.

And the D M A forces a google chrome to give a users a third choice. So if you start chrome europe, the first time they ask you want to use great search of Green search. So we know that this works.

And what's the impact on that? Like how much h acceleration do that drive in your ability to get new regular users?

Oh, is very fiant like our growth in u in europe is twice as big as IT isn't the U S. And just because of that, I I don't think the yeah yeah I think the you know the the word word of mos growth is is probably the same across all countries because people have like social structure itself. But but but europe, we can see doubled to growth at the moment, and IT has to be coming from now. OK.

thanks. I.

fantastic. I, G, P, thanks for getting us into what actually matters here. IT was really great to catch up and appreciate you educating us the new on this year. IT really is about these deals and the deal making uh and the browser is just like you said, a couple sentences in the study, five pages really, truly appreciate you.

And on show you touches them.

okay. Well, that was great out because this is like a breaking news story. And I think when you get somebody who's on me inside, who's got decades of experiences on that, you actually get to what is really happening here.

And he seemed very excited about not cro me being span out, but just the deal making being leveled. And any time you're an organization, you have great deal makers and the organization needs to grow incentives. Early matter.

So what we've seen happen over twenty years is there is a lot of great people like google building amazing things. And it's been amazing for customers to get a free browser, to get free youtube, free storage. Now we can to youtube right now for free, all that infrastructure is paid for, and micro on brother itself and google dogs, which is available for free.

All this free stuff they give you, demonize free, is because of that ad network. But then you put a bunch of pirate business and people into an organization who have stock options. And the incentive is to grow marketer. That's the instance. There's no incentive to not grow.

And so what happens over multiple decades in a business is if you've won everything your team is, they are saying, well, what do we win next? What do we wait next? And some of the creative people will go over and do creative things like we know some of the energy will go into buying things like android, like buying uh youtube r and then there's also some creative energy and cycles that go into B, D business development.

And they are gona scare the earth and find incredible deals to grow the business, right? So there's multiple ways to grow business. You could acquire things. You could create new, credible new verticals. Remember, they tried loon to .

do low earth or balloons .

that would spend things, obviously that worked Better with satellite. Um know when space x, the cost to put those up there. So make new incredible things like way more. And then the final pieces let the B D team scatter the earth, go to every corner.

But eventually, when you are monopoly and you have a monopolistic position, that business development team is going to do more and more extreme, yes, cut through things, just the nature of business and happen at microsoft, where they told people if you want the microsoft Operating system windows on your machine, you've got to put on the desktop, the internet, explore a rose. And that's what killed netscape, or greatly ankled netscape over trunk, next to use, easy, able to buy next gap. IT was packed in software, a comply service.

You would go and buy a fifty hour browser. Then they made IT. Uh, they had the server, you web servers and everything they tried to monodist IT other worse anyway is a really interesting case.

We will keep watching IT. I believe a google going to navigate this and we'll be sitting here ten years now and google will be a viBrant company. And they'll have figured this all out and then you know maybe lose on the march in some of these really aggressive deals.

But they have other businesses like way mo that can become a trillion dollar business, way mos worth whatever IT is tens of billions. Now yes, I think that becomes a trillions dollar business itself in the next ten, twenty years. So there's other ways for them to make money.

I think youtube will continue to grow. So a great job taking that up. And I think you've got for the audience really awesome information here. And with this new len icon, with the end of the path of con and a very risky, not Maggies dude, and a very risky ma environment, you know, google might be able to buy into other verticals that are not the core one. So this is where M A kind of is valuable because if google could have been buying things, all could buy Snapchat, or they could have bought whole foods, or they could buy uber or airbnb and their M N A team. Or like you know, we're sitting on all this money when we go by, uber, left in start door dash, whatever, they wouldn't be doing these kind of grounded deals on the margins.

do you think? So to me, google is a big enough company with enough smart people that they would do both at the same time. The profit motive is a great driver .

of activity, but there's a leadership of the company and the leadership if cinda setting direction and you say you is under, you can put any cycles on ema. It's not we're not doing IT right. Look at a doby figment. A you just not worth the time.

The youth didn't worth the so for four years or more, they've just said, you know what can focus on eminent so when he goes and puts in an eight hour day, there might have been two hours in that day where they focused on M A opportunities or an hour and that there's nothing we can do here. So let's go figure out something else to work on. Okay, let's work on freezing more money out of .

the search business. Jason, that was the mean thing you've ever said about a city. Ever heard that he put in an eight hour day like that .

is such A R ten. I mean, when you are in a big company like that, sure. I mean it's it's twenty four or seven job. I mean, he probably puts in eight hour sunday on sunday suit.

I was just joking because the A B came out. I know you. I know how you approach work in time and over. So i'm just laughing because I think that's about they're ginst thing you said is someone who even has two jack reports, let alone to this.

great. This is a great segment. Jason wisdom, well, just if I have any wisdom to share.

here's what i've .

learned there's a group of people who just love their jobs and careers. You don't need them to tell them to work extra hours. They just love you so much.

I don't have to tell you to check tech me shout out game um you know to check your twitter handle and see what's buzzin tack over the weekend. You love tech. There s one comes out.

You're going to read IT. When IT comes out doesn't matter for hitch your desk at ten A M and or ten P M, you're gonna be like, oh, s one. I mean, you going to go ad because you're out as well.

Well, when you love them and there are people who want work life baLance and when it's six o'clock, they're like my phones off, my slacks off and you just have to determine if in your company, you want to have people who are just naturally in motivated and you don't have to push them or if you want to have people who have life work baLance, and that's fine too. Or in some positions you don't care and in some positions you do, right? So in customer support, you may not need people who are putting in fifty, sixty hours a week.

And there are just so enthuses about the next episode of the pod. They wanted to be ten percent Better at each time like you and I do. And uh you know it's just the nature of things.

And what you have to do is just define what you want is an organization and make sure everybody who comes that organization understands that. And that's where Young founders make mistakes, is they think that they can get inside somebody y's had and motivate them. It's a norco stic pursuit. IT is a delusion of grander that I could take another human being and make them as motivated as I am to watch the nicks, or listen to die strates, or go skiing or reading next one, or put extra time into thinking about who the main character is so we can have a Better guest for today show. I wake up every day, I think, was a really interesting person that we could talk to then yesterday how great was yesterday when we .

talk to um control systems.

control systems like I don't I think you pick that one i'm like that called me jazz up for the twenty four hours after and I was stoked but you found my guest and you want founders of .

the best to talk to because they will always give you the energy boost. And that has been true my entire career is if you, especially a founder who is doing well, is like a double shot of impressor because not only are they powered by them out with a Taylor, yeah.

there they're go in hypersonic mode. You know, they're about to hit the past to the space bound long way of saying, you know, just define the culture. You want okay to have a nine to five culture.

It's okay to have a twenty for seven culture. Just make sure people know on the way and that's what IT is. And you got got to tell him ten times. I tell people who come word for me. I define how good you are for a match for our company and how responsive you are to me and your team mates. That doesn't mean I expect you to put in eight hour sunday, but that does not mean if I text on a sunday or I slack on a sunday, you're probably gone to see IT and respond. I mean, unless you're like you're off the .

great or something, of course everyone get sick there. I think .

that's actually becoming matters.

absolutely matters. And also one of the things that i've consistently noticed in people who are highly performance is that if you go to their preferred channel of communication, they are highly responsive. That does not mean their responsive across every channel.

Some people love emails, people love tax and people you have to call. But people will find a way to be available to the right things. And that does seem to track very closely to high performer. So yeah, are speaking about sounders though. Let's do some family.

Jason. right? Well, let me see this affery five times. I love meet ups. Last night I spoke at the all in meet up in an Austin uh, and the two hundred and ninety had signed up when I was on my way over there on the afternoon.

And there were definite over two hundred people who showed up, got to meet. Everybody did A Q N A. I think people love using online to go me off one.

And I wanted to do metus for this week and start up. And we've tried them three or four different times. I used to do them at hack.

In fact, in the first year the show, we used to have like a korean one, and somebody who went coming to work for us did that one. We had one in japan. We had ones all across the country, france, and we'd have them pitch their startups in these live.

I was bringing them back, but we needed a platform. And this platform, river, allows us to have these founder friday meet ups. But I wanted to come up with a purpose.

And the purpose I wanted was four founders by founders four founders by founders and I got this from mix fan TV is um my friends cp slogan is um uh four fans by the fans you know some radio call and show after the next game, we all chopped up by call into the show all the time and chopped about the next game for me it's like my local W F A N when I lived in new york um I never got on the air for that but I go on the air, you know every fifty or ten game for next five wave. So this is four founders by founders. And we give them a format, and we want them to have six to eight people in each pod.

And we have dozens of cities. Now I fired a half time person to manage this, and we've now got thousands of people signed, signed up in dozens of cities, and they have been doing this. Founder fridays, once a month they get together.

Here is founder friday. You know, that? Founder friday, that tech right? Founder friday, that tech is very simple.

Founder, also the local media in the city on river that the e that's the software platform use. They find a venue, coffee shop, co working a restaurant, whatever. And they get together on that friday.

We have them in all different cities, which is fantastic. Amsterdam, calvery, vancouver. We're looking for host for these.

No lawyers, accountants, service people, no lucky lose. You have to have a starter. And IT has to be run by two or three founders.

You cannot do IT as a law for or something like that, or a real state broker. No offence to all those folks. You, I use them all day long.

We have started a basic year with wasn't cni and crews. So we'd love the service providers to support these. But we found that when we did this previously, they would get taken over by people looking for customers.

And what we wanted to have is a tight little circle enough that you could go around the circle, which I think is six, seven or eight people. Once you get past eight people, IT takes too long to answer one question each month with each other. Hey, what are you struggling on? What's working? And man, IT has a transformer of effect.

I've been very low key about this because we're about to hit a year on IT. I don't promote IT too much because I didn't want you to get in indeed. But the conversations that are happening here are changing people's lives.

It's very lonely to be a founder. We've now create a vehicle for IT and you can sponsor so on river for a thousand box. If you're a law firm and accounting firm, you can go.

But you got to buy everybody dinner or a lunch, three hundred fifty box for each once or three, four, one thousand bucks. It's a diminished amount of money. If you do go, you can be a pain in the neck.

You'd to be supportive and helpful. You don't get to promote yourself at you just get to you just get to say, i'm happy to buy everybody. That's so you're like a law firm and you got a office of vancouver and you want to do this, feel free to have a sales department softer.

I asked matty, who's a researcher here in Austin with me to talk to the sound friday. Folks there are in a whats that group, and we have them all in a group. What's that group? It's really fun because you get this persist discussion of all the hosts in one group.

Alex and I make sure they edge you. And then each of the cities has their own group, so they're just talking about stuff all day long. It's really wonderful.

Small communities, four, founded by founders I S. Mati, to talk them and say, hey, are there any good stories that occurred and coordinate that with you? And I think we have two of the host. We are going to talk about the stories occurring in their local chapter yes.

And the first one of those is a gear cold bear, uh, George bound friday host over in Austin, texas and a George, you are the CEO cofounder albatros doc AI and that's albatros T R O Z doc A I welcome .

to the show is every me Jason alex to be here?

I'm sorry, I am in Austin. I I haven't been able to go because the founding day is the following when I was traveling. But I will be coming to one and may be will do IT instead of we usually coordinate them all on the same friday so everybody can do IT.

They all share their photos in the groups they share IT on social and my team likes and require, and we get to promote the companies. But how many months you've been doing IT? Where do you meet and that maybe tell us about a discussion that occurred that's been helpful.

Yeah so we've i've been at the host for the past three months. Uh we meet at a bar uh on the e side um the name is gives me right now uh but yes, so we meet every friday from four to six P M.

We've adad know every.

so every first friday of every month. And forty six P M. Central machine works that way. IT is four, six P M.

The idea that is, hey, if you're a founder and you want to get together, uh, one of my philosophy is is uh, founders learn best from other founders so especially at the year old stage, you know you might be very strongly the technical side, you might be very stronger to business decide. You might come and say, hey, like i'm wondering how to approach this aspect of a problem. And so that's what i've been doing.

And in terms of good stories, there are two of them is go with. The first one is joe at telling way that I O, so he's a non typical founder and he is working on the product and his key issue was he suspected um that the approach to engineer IT were currently doing was not the right way and as a technical found there, one of the first we told him was he was absolutely correct. If you let engineers, they will try to over optimize every day.

And did you know, i'll tell you, hey, give me a long list of requirement and then leave me alone for two to three months while I will build IT and then you can go present to the customer. And one of the things you resort, things like, no, like you have to be even if you on technical, i'm confident enough to push back and say we're not gonna along this requirements. We're gonna imiss those requirements to exactly what we need to solve that at seventy percent of the way.

And then you going to go back to your customers say, hey, this is a seventy percent solution. Is that yes. And so as soon as we talked him about, he was, as I said, you really kind of suspected, but he needed to hear from other tech le founded that yes, your engineer is telling you this because he's just been an engineer. He wants to oversize worry about scale in the beginning.

and he doesn't need to do that. So that builds your confidence. As a first time found their hearing IT from most book of founders, hey, there is a Better way. And they just allowed him to make a Better decision. You said you had a second uh, discussion that occurred .

tells about that one. yeah. And so another benefit of learning is also there's a lot of talk about you know, founders should be thinking about the teaching partnerships, right? And that's one of the best ways to grow.

And so myself, I make technical founder, I A little bit like a little bit on the distribution inside, right. And so I had a found there who showed up a Michael to see that A I, they build A I generated videos for social media. And you know, a quick explain, explain what abbat's albatros.

We build A I sales agents for the real estate space, so specially over the phone, email and social media. So here's the picture, or A I C next to the properties instrument profile, tiktok. And when people are interest, the A I engages with those people said, we are version, talking to myself and twist and looking at these videos on my pa could have properly use this to generate videos to post on to another twitter or instagram profile.

That can be a new generation thing. And in my A I sales agents can be the lead sales conversions. So we got together, we started talk and realize, yes, this is an opportunity here to boundary solutions and far offering a year.

And so while he was originally A B, D, C guy, there was an opportunity for us to work together and and production. And this allows me to say, hey, we have a almost good food fact, A R market in solution, what you use twisted to generate A I videos for each generation. And then you will have abbas A I as in A I sales conversion to engage with the lead. And so there was one of the two things that I know personally have come out of found on friday is super excited about IT.

And yeah right. So go to founder. Friday is dot tech and you can sign up for the Austin one.

And how many people come each week? What's the range of people coming? Is five? Ten.

I admit but we've got in something from like twenty to thirty, thirty five people showing up all founders now. But there is I think all seems unique. There is quite a bit of demand for this.

Um and so yeah so we have at twenty thirty people we try to split IT up between hey uh B2B fun ders in thi s sec tion BDC f at hers in in thi s um you kno w I t hi nk ama zon on as a p ol icy of lik e eve rybody car es on a p iz za. So actually, we've got in a sponsor, we get pizza and then we just put on the table. People get around the signing .

people to a table and having a lead on each table is the way to go because the most people like structure in these things. And you could have just the structure, time pay, we're going to do our around table and pizer from three to fourth thirty, you ve got to sit at the table. You gotta be on time, eat a couple of, you have a beer, a soa pop.

Yeah, you know, the leader goes around the table and and keeps some time to trade. Each of eight people gets to explain what they're working on, what their problem is for two minutes. There's warm minutes of feedback that six minutes told her we go to the next person.

Six times, six, thirteen. Six minutes, six times seven, forty two, whatever IT is. And um you just have A A A stop watch and somebody y's the timer. So somebody y's the moderator, somebody y's the timer. So I really encourage you to put structure on IT and then explain how that works with the other leads in the other host so that we help people do that. You think people would pay a membership to do this, and would you make them more .

serious about IT? curious. I so I think they would. However, um if I do not share my opinion, i'm a little bit against IT, especially for early stage founders. There might be you might want to to throw a barrier or something, right? So like it's not just lose ten box, maybe that might be fine and might be way straight.

Hey, it's not like we're trying to make money off you here, but it's more like we want we want to make this your seat yeah yeah is we want to make sure you are committed and yeah like I think all these stage founders, especially when there you know they just launch a product with you about the launch shit. I mean, I that conversation, we found those where they had a product and idea, but they were not surface. H, we be to B, B, to see. And they asked everybody else, see, what do you? Yeah, I agree with a barrier.

But now about the wedding to make sure you don't get intro loops and they are trying to sell into IT. h. Are you vetting each person who applies and checking nearing dynamic? sure.

It's not a service provider or a lucky luu. Just somebody has got nothing to do on a friday. Uh or does the river team do that now? How is that working?

So it's a little tough when you have thirty, forty people coming up but the river just not a question here. And what is the easiest st waited due to fill those just hate or you have founder. And if so, do you have a website? And you know maybe if you're very website, I think it's kind of key.

Like if you're found there in your serious know you trying to build a business, you probably have a website. So show me your website, tell me about your company, and then that should be enough to kind of filter out. Anybody know?

So lucking, yeah. I mean, that would be the key great success who who became the sponsor of the Austin one. I'm curious if IT was A A law for my and .

SHE bank of california set out the ophir, which out to me, he was, okay, this is cool. I would love to do IT. Um SHE bought us all bean pizza the last once, and I was pretty cool. yes.

awesome. yes. So i'm asking all the partners to go through the website and to do the sponsorships, uh, through river. So make sure they go to the river and then you'll just send you the money will keep mask of that, make sure they get their deliverables. It's kind of like alex, in some ways, like text x, we want to have some controls, but we want to trust founders to do what's right.

And um we we we're going to make no money on IT like we're not going to take any money to say, you know um we have one person who works on this and right now or maybe well if the sponsorship does become a thing, will have a go full time and be the orator full time and pay her salary with IT. But for now, uh you enjoy the pizz. Thank you, George ah and I will see you at the next one hole hopefully that's really fast in any any thoughts, alex.

before I bring on our next one, I love community. I got raised in the chicago technology, seen actually to be totally honest and so am a big fan of people that actually bring the stuff together and these are getting big the cover city metus, as fifty eight people are going to do so. Probably time to start.

Next up we have hiti bogle, sherman on and coco harmon. These are the founder friday host from long view, texas, a china, texas for driving active host. Kate.

there is long view, texas. I don't even know where that is.

Okay, long, you is about four half hours from you.

probably OK dallas between dallas .

and trafford on nine twenty.

Got IT.

okay. I Carry IT work in this texas.

I love IT. I love IT. Just reading in the economist today how fabulous ly dallas is doing. Dallas fort worth is blooming yeah and a lot of people move in their headquarters.

They are obviously, Austin is booming with the taxi, but even like uh, a bunch of financial companies and manufacturing companies putting their headquarters. Now alex, in dallas and they're going to have their own stock market. So how many months have you've been doing? IT, how's IT going? You probably heard the past the last interview with George. Tell us a little bit about who you are and and how to gone.

I'll say thanks to George for bring a great host because coco and I have actually attended the Austin meet up and really fun, made incredible connections, can say enough good things about that experience.

So on our end, which is a little bit of sort of the opposite end of the spectrum, we've I think we've posted four or five and they have been really great and we've kind of been experimenting because you know, Jason, you mentioned that being a founder can be lonely and and like that isolation factor, IT doesn't have to be there. But especially in our community, it's almost like their founders. They may not know that they exist like the others exist.

And so found her friday has given us an opportunity to start finding these people and bring into the fold. So it's been going great, and we're really excited to sort of kick off the new year. Um we had the long new economic development council C E.

O. Come to our and nobody yeah he was awesome. And he was really excited about IT because part of their strategic vision right now includes a real emphasis on innovation, which actually in our area, there's a lot of airspace opportunity.

And so that's kind of random and interesting, but he was really cool to have him there. And we've got some other people like that line, vir january. So I think we're really going to kind of try to take IT the next level in the new year.

Love IT. How many people have come in any good discussions?

absolutely. So we've had between, like foreign eight people come perfect. The story we submitted to you is, you know, probably a little nontraditional.

But so one of our founders, he actually wants to promote an alva, the kind of moth is promoting an alva. He wants to build community of. His passion is getting like neighbors to know their neighbors again, so to speak.

And so he wants to build a community around that, using art. And so he is amazingly talented, an incredible musician. But he has almost no experience on the business side of things. And so basically since coming and he's come to all of them. And so since coming first one, he's made so much progress and he's scotland help with like you know just understanding the barriers to entry on like a website are actually much lower than you would think.

right?

You know.

if you do what you don't know, what I find is either somebody might have done six hours of research on something and you don't even know what you don't know, but that person's done to six hours and they can explain IT to you in sixty seconds or six minutes and you're like, by the way, you're building a website, just you square space or oh, you're building that type of website. Oh, there is a vertical provider who does just website.

It's call motive and its for deal car dealerships where investors in that company has an example. So you know, if you're a car dealership, there is a solution for you. I found that I talk to the person there and so that I think one of the magical things about the format of four founders by founders and small groups, because you don't also have to worry about the mood of of the person they're doing IT, because they know U.

S. A. Founder will be able to help them with something. And man, I have seen this over and over. We do jam sessions with our portfolio companies.

And my lord, sometimes they will come together and somebody has a problem and like three and of ten people in the circle or like, oh, you don't know about x product or service and I know i've never heard of this, you know, strike you talk, you know, back in the day, or i've never heard about hub spot. And like, let me show you my hubs, and they pop IT open and they show of them the details. And so know what's kind of crazy.

You mentioned the founder, jam sesh. So coco, and I think the founder, jam seh, I think last november actually, all the other day, we watched the recording back, just like what actually you know, what was said that and we went through and so many suggestions that the founders had are things that we've now built and implemented and deployed and just the network building opportunities. I think the other thing is that founders are a certain breed.

And like you are also think about the motivation, very motivated. And it's what they think about twenty four, seven. It's absolutely be part of the isolation too, is because not everybody wants to do that. And so it's like how do we friend friends who also want to do that? And I think that's .

what you're offering. Yeah well, exactly what you're offering, coco, and any highlights for you and maybe tell us a little bit about your company?

Well, so kittie and I cofounder ers, so we have the same and we run what .

is the company and will give you a little plug here. Give me a really simple sentence in da.

where mobile games personalized with the photos stored on your phone.

And yes, I remember .

is in that.

yeah, awesome yeah what a it's such a great idea uh and I can see like grandmas and moms and everybody in out a family group read now that, uh, is all the calicut and then all the turkeys and the mccains and IT just keeps growing. I don't know how many people are on this own message stand, but i'm sure that my sister in law dinner or my sister in law career at some point will submit one of your games to the group chat and everybody will talk about IT for a month. It's such a great idea.

We're kind of nerdy of about the science of nosti reflection, yes. And so it's actually one of the lead researchers in that category .

is our adviser and .

going to be restoration and expensive in nature. So just by looking back at your photos, it's restoration and that IT reduced anxious loneliness and depression. And then it's expensive. IT makes you more creative. IT inspires you and motivates you on your future.

I love your idea so much. So nostalgia. Ex, going back with your family and friends and remembering the good times.

yes.

makes you feel Better. And it's restoration. I love that. And IT makes you optimistic about the future. So is one of the things I love about you, Alice. Sometimes I talk about when you first came on the show or you'll talk about when you're a teenager coming to tech ranch, fifty or something in seeing on stage, whatever the stage a does do, that he fills your bucket as I talk to my daughters about, and you know what.

literally warm your body of temperature.

really reach .

of .

age of forty that makes you feel Younger. So you nice to mention .

that I .

look Younger. Thank you for that. I thought I was the weights, but I think it's .

all be reflecting. We would like, lord, that we did compete in a pretty big competition last night, and we actually won the investors award and the judges award and thirty thousand dollars.

So where twenty five times ski is that an investment is is just free money.

It's an investment um and it's an accelerator here in texas based originally out of for sco.

But what's the terms? So they give you specific terms .

or IT like on your next note, we set the terms, have the best steel j, they at the terms and um yeah they're really growing and was their first what's .

the name of their of that? Give them a plug, the accelerator .

launch accelerator and it's of improving, which is a software development firm. The'd got a presence and uh, the U. S. And then all over south america.

smart movie, they are building websites for people in apps. They have a vested interest in startups. We have so many of those later american def firms that you know really great have great developers.

Band have helped our startup. So i'm super excited for all uh, founders or mutants. And so they're very strange analysts to the rest of the world.

But when you get together, it's kind of like, oh yeah, you can make ice. I can make fire and yeah, I can. why? What do you do? I fly, I I can run really fast.

And the mute sist immediately take to each other. And so we call a founder fridays, founder friday. That tech. Go there. Sign up.

If you want to start your own chapter, I just ask that you have poor three founders of the chapter. So we don't have the chapter of die, because one person I don't know has life experiences going on. You have like a little redundancy.

I think three, the right number. Keep building them. Keep them pure, please. As all I ask is, don't prevert them with, you know, a other agendas. Let's keep this pure four founders once a month on the first friday.

We do the first friday every month, right? Is that the? Is that the rule? And unless it's a holiday and then we move in to the second friday, we wanted to make IT easy to remember first friday every month.

So I guess that would be december six is the next first friday. So hopefully body that going uh, and I am super excited and quick and announcement, i'm going to host all of the founder friday host for a special barbecue here in Austin if they are so have like an afternoon. And at the salt lake, it's well to see a bunch of a barbecue and we will just have all the host me each other. So it's like all the new the captains of the mute super teams will come together at the salt leg and and some, I think they have one or two vegan or vegetarian shes. If you are into .

such a things to do that, if you go to star vegan.

vegetarian, mute, I can help you, but you can just be a Brown bag, Brown bagged, absolutely fantastic tic. This has been great. I'm so happy for you guys.

Congratulations on winning thirty five time skies. That's great. It's going to go a long way. Um and alex, any further questions or I just want to .

give them a plug e if you want to a look what their building its in a dot APP E N D O R A dot APP. And I have recently earned the power from the strada because my nearly two old, we make a quarterly book in my family, evolve our photos from last three months, and then he Carries IT around the house and makes you look at all the pictures of her. And SHE doesn't stop doing this. So i've recently done market research.

and I agree, it's really love accidently.

so love IT. Alright, keep grinding and we will see you all next time on this week start up to bye bye.