costs: everyone on the record — The Minutes https://minutesof.com/on/costs/ Everyone on the record about costs: 12 verbatim quotes from 4 people, October 2020 to July 2026, in one chronology, each with a timestamp and a link to… en Sun, 30 Aug 2026 22:32:53 +0000 Paul Atkins: Atkins argues default paper delivery creates unnecessary expenses that reduce American investors' https://minutesof.com/q/dcbf38d1-498b-4238-a8c6-cafbec4c0b65/ https://minutesof.com/q/dcbf38d1-498b-4238-a8c6-cafbec4c0b65/ “Default paper delivery results in a constant source of unnecessary expenses that are paid for by American investors and reduce their investment returns.” — Paul Atkins, SEC speeches and statements costs Paul Atkins: Atkins claims the SEC reduced CAT operating costs and eliminated personally identifiable informat https://minutesof.com/q/df578f15-54df-4ddc-8e29-f871312ae03b/ https://minutesof.com/q/df578f15-54df-4ddc-8e29-f871312ae03b/ “During my tenure, the Commission has achieved significant reductions in the annual operating costs of the Consolidated Audit Trail (“CAT”) and eliminated reporting of personally identifiable information to the CAT.” — Paul Atkins, SEC speeches and statements costs Dylan Patel: Patel reports that tokens now represent 30% of his 90-person company's costs versus 70% for emplo https://minutesof.com/q/289f5368-a657-42fd-9826-8e45417ec2ab/ https://minutesof.com/q/289f5368-a657-42fd-9826-8e45417ec2ab/ “My my own company of 90 people, 30% of my cost now is tokens versus 70% employee costs.” — Dylan Patel, RAISE Summit Wed, 22 Jul 2026 16:43:49 +0000 costs Dylan Patel: Patel states each gigawatt AI deployment costs tens of billions of dollars end-to-end. https://minutesof.com/q/5246d720-be43-4fb0-a34a-d42ebce98657/ https://minutesof.com/q/5246d720-be43-4fb0-a34a-d42ebce98657/ “Each of these gigawatt deployments once you take it from all the way from the power to the GPUs and the cloud contract, those are tens of billions of dollars each gigawatt.” — Dylan Patel, Nebius Tue, 02 Sep 2025 17:00:38 +0000 costs Brad Gerstner: Gerstner highlights US fission reactors cost four to five times more and none are being built. https://minutesof.com/q/72442d2b-51d8-44b7-959f-23d864647405/ https://minutesof.com/q/72442d2b-51d8-44b7-959f-23d864647405/ “Why does it cost us four to five times to build a fission reactor in this country? Why are we building no nuclear reactors in this country?” — Brad Gerstner, BG2 Pod Thu, 28 Aug 2025 23:39:23 +0000 costs Bill Gurley: Gurley reports SMR startups face $60 million in fees just for NRC approval before building anythi https://minutesof.com/q/15a27560-7f78-4850-90db-1459700b5313/ https://minutesof.com/q/15a27560-7f78-4850-90db-1459700b5313/ “And the other tough part, the NRC, which we haven't talked much about, but the regulatory commission here in The U. S.” — Bill Gurley, Bg2 Pod Mon, 09 Sep 2024 02:50:28 +0000 costs Bill Gurley: You know, they used to call or I've heard people refer to modern day semiconductor investing as a https://minutesof.com/q/783ee825-21f7-4da9-9936-05321c2ba2e1/ https://minutesof.com/q/783ee825-21f7-4da9-9936-05321c2ba2e1/ “You know, they used to call or I've heard people refer to modern day semiconductor investing as a sport of Kings. Right. Because you're 50,000,000 to first take.” — Bill Gurley, Bg2 Pod Mon, 09 Sep 2024 02:50:28 +0000 costs Bill Gurley: Gurley says China brings level three fission plants online at $2.5 billion per gigawatt versus $1 https://minutesof.com/q/23658c84-6f9a-452a-a951-afa47d8da278/ https://minutesof.com/q/23658c84-6f9a-452a-a951-afa47d8da278/ “The plants in China that are the equivalent level three fission plants right now are coming on board at two point five billion per gigawatt.” — Bill Gurley, Bg2 Pod Mon, 09 Sep 2024 02:50:28 +0000 costs Brad Gerstner: Gerstner calculates over $1 billion in cost savings for Grab employees and shareholders. https://minutesof.com/q/077705ea-6293-4456-a39a-7cef97e489dc/ https://minutesof.com/q/077705ea-6293-4456-a39a-7cef97e489dc/ “And so if you say it's 30 percent on a $4,000,000,000 raise, that's over a billion dollars of savings. Right? Over $1,000,000,000 of indirect cost savings to the employees and the shareholders.” — Brad Gerstner, All-In Podcast Sat, 17 Apr 2021 02:12:13 +0000 costs Brad Gerstner: Gerstner says traditional IPO costs include upfront fees and structural underpricing as the lar https://minutesof.com/q/3dbad0db-cb6d-4522-8252-555ce873667e/ https://minutesof.com/q/3dbad0db-cb6d-4522-8252-555ce873667e/ “There's the upfront fee, five and a half, 6%, whatever they're paying on the amount of capital raised. But he would argue the much bigger expense, right, is the indirect cost of the structural underpricing.” — Brad Gerstner, All-In Podcast Sat, 17 Apr 2021 02:12:13 +0000 costs Brad Gerstner: Gerstner explains SPAC costs are borne by SPAC shareholders through share dilution, not by the https://minutesof.com/q/1b7dab41-fb30-48fd-af5d-1cf29252840a/ https://minutesof.com/q/1b7dab41-fb30-48fd-af5d-1cf29252840a/ “All the costs are borne by the shareholders of the SPAC who gave us part of their shares when we set up the SPAC as a finder's fee for helping them invest in a world class company.” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 costs Brad Gerstner: Gerstner argues traditional IPO bank fees of 6-7% plus historical-only financials leave investo https://minutesof.com/q/7a335747-8969-4383-9c35-9996e0362046/ https://minutesof.com/q/7a335747-8969-4383-9c35-9996e0362046/ “And on top of that, of course, you can only give historical financials, which leaves most investors in the dark about a high growth company's future prospects.” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 costs