2025-03-23T17:14:43.245499 | 🔗
Bill Gurley’s got it right on his theory of triple-counted revenue and VC and hyperscaler subsidized compute for AI wrappers. He doesn’t fall out companies. But I will call out all coding AI companies… Low barriers to entry and squeezed on both ends by hyperscaler and marketing BG2, e28, 1:15:00