Miles Clemens

"You can start using Cursor in an afternoon and by that evening like you're 10 times more productive."

"I really like the guys at Liquid 2, Nate and Matt Mulvy. Those guys are prolific. They have an incredible network. They have great taste in companies and they are kind, enjoyable people to work with."

"I really like the team at Meritech. I think they have very good taste in companies because they do some series B and later stage things also but great taste in companies and they are gritty and they hustle."

"How can you not acknowledge how successful Josh has been at Thrive? I really admire the way that they have scaled a business that not only can initiate investments and invest across funds but like really reflect their conviction at the late stages."

"We're not in Deel because we're in Remote and I'm thrilled that we're in Remote. I think Job and Marcelo are like very special."

"I think nobody in the world does that better than Parker Conrad. And so, you know, the first time he outlined the vision, I was like, this is really compelling."

"If I were to look at legal AI, accounting AI, a company like Basis that we just invested in, I actually think these companies don't have immediately quick time to value."

"So Claude code Cursor all of the great products out there like I think this is why coding has become the vertical that is the battleground in AI today."

"Take Claude code as an example. First of all, what an amazing product and like how lucky are we to live in this technology cycle where we have all of these tools at our disposal."

"Claude code has absolutely captured the imagination in part driven by Opus 4.5, Opus 4.6 like I think the success of Claude code is also very much tethered to the success of the underlying model."

"Salesforce historically has been like the go-to market platform company."

"CrowdStrike and maybe Palo Alto are like the platform cyber security companies."

"CrowdStrike and maybe Palo Alto are like the platform cyber security companies."

"Atlassian hugely valuable company that we love began around issue tracking."

"Datadog around monitoring these have been like 50 to 100 billion dollar companies built over time addressing like one portion of the engineering product stack."

"I think the best software company in the world is AWS. AWS has like 35% market share."

"We've talked about and you talk on the show a lot about Deel. People say like Deel has won the market. Alex is phenomenal."

"Welcome to the big leagues. ADP has $20 billion of ARR. Like you are 1/20th the size of ADP."

"In this market, you've got like Paychex is a $60 billion company and Paycom and Payity."

"In this market, you've got like Paychex is a $60 billion company and Paycom and Payity."

"The mistake that we made on a company like ServiceTitan. We had fallen in love with the founder, we were chasing this round... and then that went on to be a $9 billion company."

"Plus, you have the labs, you have SpaceX, and you know, companies in the private market."

"I looked at my partner Dan Lavine incubating Scale AI, building a relationship with Alex Wang in 2016 and making that investment."

"We see a company like Anthropic and how valuable they are as a technology partner to like every other company in our portfolio."

"They passed GPT in the app store."

"I love Snyk I love Mirror. I love One Password but they were done at such high prices and the new reality is very real."

"I love Snyk I love Mirror. I love One Password but they were done at such high prices and the new reality is very real."

"I love Snyk I love Mirror. I love One Password but they were done at such high prices and the new reality is very real."

"We are not a part of Figma but have a lot of respect for that company but I know that Dylan is a generational founder and it's a very important company with an incredible financial profile and it just feels for a lot of ways for a lot of reasons oversold."

"The comps for this business would be platform companies like Google and Microsoft and Amazon."

"I think 11 Labs is a clear company that we wish we had been a part of. As you know we haven't spent enough time with the founder which is you know our loss."

"There was one where I was going through some personal things and happened to be able to compete for and ultimately win the opportunity to work with Linear."

"We were not a part of WeWork, but had I been a shareholder in that company when it was worth like $50 billion, I don't know a whole lot about the commercial real estate market... but I probably would have been seeking liquidity."