Baker says growth investors must assume multiple compression and be paid on business outcomes, not valuation.
“It's critical in growth investing to assume multiple compression. It doesn't always happen, but you want to be paid based on business outcomes and assume valuation is not part of the outcome.”
Anthropic and effective altruism advocates believe AI is too dangerous to distribute widely, while Zuckerberg, Musk, and Huang believe it is too dangerous to centralize.
“Gavin Baker: AI is too dangerous to centralize @GavinSBaker: “I think Anthropic and people in the effective altruism movement believe that this technology is too dangerous to distribute. And what Mark Zuckerberg and I think Elon and Jensen believe is that this technolog… / X Post Log in Sign up Post The All-In Podcast on X: ”