Invest Like the Best with Patrick O'Shaughnessy
01:02:59 · Patrick O'Shaughnessy, Gavin Baker
[01:02:59] S0: Pretty cool to see that Starship landing the other day, though. Pretty cool. To see the Starship [01:03:02] S2: landing, and it's, you know, it is funny, our friends at Benchmark, they funded Starcloud, and I don't know, last time Starcloud is an orbital compute company that, like, SpaceX is kind of partnering with. Mm-hmm. They're gonna, I think, let them use the Starlink laser technology, which is really important for orbital compute. But I Guys were pretty smart and they're not coming from the Elon ecosystem at all, and they chose to fund an orbital compute company at a decent valuation without the internal launch costs that SpaceX gets. To me, that's a good like, hey, am, am I crazy? Am I crazy? And it's like, well, maybe I'm crazy and maybe Elon's crazy and maybe Bichmarc is also crazy and maybe the SpaceX engineers are also crazy, but man, that just doesn't seem that probable to me. Should we say whose offices we're in? Yeah, we're sitting in the, we're sitting in the Benchmark office table. Yes, this is their famous table for their famous dinners. So thank you, Benchmark. Thank you, Benchmark, for this episode. Thanks, Fisher. Yes, thanks, Eric. Uh, and, and she, we should thank Ball. Eric coordinated for me, so he gets a special shout out. Okay, thank you, thank you, thank you all the partners. Thank you, Eric. But I mean, we will see where all of these stocks are in a year. The great thing is, time will tell. People are gonna be right or wrong. The future's probabilistic, but it's an exciting moment.
01:04:27 · Patrick O'Shaughnessy
[01:04:27] S0: Well, if we keep doing this on the model release cycle, I'll see you in a couple weeks. Yeah, it's crazy to get a benchmark. It was always a blast to do with you. If you enjoyed this episode, visit colossus dot 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 dot com slash subscribe. You know how small advantages compound over time, that's true in investing and just as true in how you run your company. Your spending system is your capital allocation strategy. Ramp makes it smarter by default, better data Better decisions, better economics over time. See how at ramp dot com slash invest. As your business grows, Vanta scales with you, automating compliance and giving you a single source of truth for security and risk. Learn more at vanta dot com slash invest. The best AI and software companies from OpenAI to Cursor to Perplexity use WorkOS to become enterprise ready overnight, not in months. Visit workos dot com to skip the unglamorous infrastructure work and focus on your product. Ridgeline is redefining asset management technology as a true partner, not just a software vendor. They've helped firms five x and scale, enabling faster growth, smarter operations, and a competitive edge. Visit ridgelineapps dot com to see what they can unlock for your firm. Every investment firm is unique, and generic AI doesn't understand your process. Rogo does. It's an AI platform built specifically for Wall Street, connected to your data, understanding your process, and producing real outputs. Check them out at rogo dot ai slash invest.