Baker cites Chase Coleman's stat that less than 1% of Internet market cap was founded in two years after Netscape.
“Chase Coleman, who runs Tiger, who's an exceptional investor, had a really interesting statistic, which was ChatGPT came out in 2022 and was to AI as NetScape Navigator, was to the Internet in 1994.”
Baker cites Chase Coleman's stat that less than 1% of Internet market cap was founded in two years after Netscape.
“Only less than 1% of current global Internet market cap was founded. Founded in the two years after Netscape Navigator came out.”
Baker predicts vertically focused AI native companies will accelerate due to routers, open-source models and specialized post-training
“We are going to see a lot of vertically focused AI native companies accelerate. Routers, open-source models and specialized post-training enabled by companies like @FireworksAI_HQ have all made dramatic advances and the combination of the three is driving accelerating growth. https://t.co/f8qJdKSciI”
Baker calls Grok Bot transformational for him, reacting to Cursor's announcement of high growth
“Interesting. Cursor has had some high growth products before this. Grok Bot has been transformational for me. https://t.co/mtAE5EIUsQ”