The Minutes of Brad Gerstner on consumer https://minutesof.com/brad-gerstner/on/consumer/ Everything Brad Gerstner has said on consumer: 3 verbatim quotes between June 2024 and July 2025, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:21:52 +0000 Gerstner argues consumer ownership, not hardware, determines value; Google dominated for twenty years this way https://minutesof.com/q/19ca1b64-10d8-4f63-902b-e2dac6fe1613/ https://minutesof.com/q/19ca1b64-10d8-4f63-902b-e2dac6fe1613/ “The battle for the consumer is ultimately where the value accrues, Sonny, not who runs, you know, what hardware.” — BG2 Pod Thu, 31 Jul 2025 15:11:15 +0000 consumer Gerstner estimates OpenAI's consumer business represents $2.1 billion of roughly $3-4 billion total revenue. https://minutesof.com/q/edee5ce6-f851-4261-8b67-186bd741c93c/ https://minutesof.com/q/edee5ce6-f851-4261-8b67-186bd741c93c/ “It would imply that there are about 2.1 of the three four is the consumer business” — BG2 Pod Sat, 22 Jun 2024 17:50:33 +0000 consumer Gerstner reports OpenAI consumer product has 65% annual churn rate based on credit card data. https://minutesof.com/q/250854f5-f93f-4259-a16a-85e6841f5cf6/ https://minutesof.com/q/250854f5-f93f-4259-a16a-85e6841f5cf6/ “At least for the cohorts that are old enough, the churn's about 65% annually. So they're only 35% retaining, which Sax had hinted at on all in.” — BG2 Pod Sat, 22 Jun 2024 17:50:33 +0000 consumer