tanthai

hold on, this is a bad deal - vc fund taking no carry (they don't expect upside?) - you are actually paying 1% + opex for the top layer fund, /on top/ of paying 2% + ~20% carry to the actual underlying vc fund who invests - the -1.11% is a "subsidy", so actual cost is ~5%

99% of Ramp uses ai daily. but we noticed most people were stuck — not because the models weren't good enough, but because the setup was too painful and unintuitive for most. terminal configs, mcp servers, everyone figuring it out alone. so we built Glass. every employee gets a fully configured ai workspace on day one — integrations connected via sso, a marketplace of 350+ reusable skills built by colleagues, persistent memory, scheduled automations. when one person on a team figures out a better workflow, everyone on that team gets it and gets more productive. the companies that make every employee effective with ai will compound advantages their competitors can't match. most are waiting for vendors to solve this. we decided to own it.

Alex Karp: "Everybody's worried about their future, but there are basically two ways to know you have a future." "One, you have some vocational training, or two, you're neurodivergent. And when I say 'neurodivergent,' I mean broadly defined." "It's really an inversion [for people] with the 'normal-shaped skills'... Meaning the thing they can do that used to be valuable is not so valuable." "The thing they need to learn to do is be more of an artist, look at things from a different direction, be able to build something unique."

UNDEFEATED.

Ads are coming to AI. But not to Claude. Keep thinking.