Everett Randle

“Randle's first investment at Kleiner Perkins was SpaceX at a $100B+ valuation — after which Starlink, now the majority of revenue in the S-1, emerged as a second engine that fully justified that entry price.”

“Randle's first Benchmark deal; enables every employee (not just developers) to build and run agents across functions”

“You can have businesses that are well over a billion dollars in revenue that haven't proven out their unit economics. The risk of impairment over time is actually sort of flat, or even maybe there's a weird positive correlated relationship with scale and risk.”

“Developers are spending $3,000/month each on Claude Code — $36,000 per developer per year. In SaaS, a $50,000 ACV was a solid total contract. Now that figure can recur per developer.”

“All of the golden rules of the past that defined like the spreadsheet investing era are all gone. And actually, the most popular companies and categories are almost the inverse of all these golden rules.”

“The long-term pricing power of frontier labs (Anthropic, OpenAI) depends on one binary: does recursive self-improvement (RSI) happen, creating 'geniuses in a data center,' or do capabilities hit a ceiling while open source distillation closes the gap to 95%?”

“General Catalyst and Andreessen Horowitz, those are alternative asset managers because they have so many products. You know, many of these places have like... General Catalyst is still has a venture product and they also have a growth product and they also have a debt product.”

“My first investment at Kleiner was SpaceX at $100B+, which then 'reborn' via Starlink — the majority of SpaceX's business today is consumer broadband, not launch.”