David George - Building a16z Growth, Investing Across the AI Stack, and Why Markets Misprice Growth - [Invest Like the Best, EP.450] – Invest Like the Best with Patrick O'Shaughnessy

David George - Building a16z Growth, Investing Across the AI Stack, and Why Markets Misprice Growth - [Invest Like the Best, EP.450] – Invest Like the Best with Patrick O'Shaughnessy — Transcript

Market views

Bullish

CURSOR— Exceptional product-market fit with instant enterprise adoption, showing immediate proof-of-concept conversions and full sales deals
ANDURIL— Strong market demand for defense technology driven by AI capabilities, autonomy expertise, government navigation know-how, and urgent geopolitical needs
WAYMO— Achieved market leadership in San Francisco with just 400 cars versus 50,000 Lyft drivers, demonstrating exceptional operational efficiency
OPENAI— Fastest growth in technology history reaching Google's scale 4x faster with a billion users, but only monetizing a tiny fraction of that user base
HARVEY— Legal AI platform experiencing step-change growth as reasoning models improve, with lawyers needing reasoning capabilities that models now excel at
AI— AI shifting from reactive chatbots to proactive assistants with open-ended economic upside similar to Facebook/Google's monetization growth
ABRIDGE— Healthcare AI company led by practicing cardiologist founder showing extreme dedication and domain expertise, exemplifying the 'technical terminator' archetype
DATABRICKS— CEO Ali exemplifies technical founder evolution to exceptional business operator with deep knowledge of sales ops, hiring, and management
ROBOTICS— Biggest market opportunity but with longer timeline than five years based on Waymo's decade-long journey

Bearish

CRM— Salesforce faces disruption as AI enables proactive CRM interfaces with new data sources, replacing painful form-checking workflows

Not investment advice.

Mentioned

Market views