Invest Like the Best with Patrick O'Shaughnessy
01:03:32 · Martin Casado, Patrick O'Shaughnessy
[01:03:32] S1: I'm more and more of the belief that this is an industrial revolution level shift and for me the industrial revolution went from basically a zero sum world to like a non zero sum where value is being created, net new value is being created and I think this is a very similar shift where before to solve problems, you had to solve very complex engineering problems which basically didn't scale and were very tough and then you'd have to maintain them and that's why all software has always sucked to basically being a capital problem. I don't know about the real world yet. I think we'll get there but I think we've turned this into a capital resourcing problem and we're capital allocators. And so I just feel like we're just in this very, very strategic position to help drive the future in a much, much more direct way than we ever have been before because I think this is a scale up capital game that causes that to happen. I don't believe private markets have limited TAM. I think they have unlimited TAM and the more money that goes into them, the more value that would be created. So I just feel like we're in this very privileged position, very key to the innovation chain, and we're both very lucky to be here. [01:04:34] S0: I love the every two year schedule that we're on. I hope we get to do it again in another two years. I can only imagine what the world's gonna look like two years from now. [01:04:41] S1: We'll have our Grokbots talk. [01:04:42] S0: Thank you so much for your time. [01:04:44] S1: Thank you.
01:04:44 · Martin Casado, Patrick O'Shaughnessy, S2
[01:04:44] S1: Thank you. [01:04:45] S0: If you enjoyed this episode, visit colossus.com. You'll find every episode of this podcast complete with hand edited transcripts. You can also subscribe to Colossus, our quarterly print, digital, and private audio publication featuring in-depth profiles of the founders, investors, and companies that we admire most. Learn more at colossus.com slash subscribe. [01:05:06] S2: Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of PositiveSum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc.
01:05:49 · Patrick O'Shaughnessy
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