Brad Gerstner
Founder and CEO of Altimeter Capital, a technology-focused investment firm.
- Anthropic's $2T IPO, Zuck's AI Manifesto, Nvidia's $500B AI Bet, Grok's Comeback
- Google's AI Brain Drain, SpaceX's Huge Quarter, Airtable's 90% Collapse, US Data Fuels China AI
- David Friedberg on the Economic Crisis Nobody Wants to Fix
- Dan Loeb - Lessons from 30 Years of Investing - [Invest Like the Best, EP.475]
- OpenAI Misses Targets, Codex vs Claude, Elon vs Sam Trial, Big Hyperscaler Beats, Peptide Craze
“I hijacked a session, the science corner on the All In Podcast in 2022 is when I first started talking about this... I started getting hundreds and then thousands of letters.”
Source→“I find that increasingly because people have aura rings on, they have Apple watches on, right? We're breaking down the barriers to health data. People now want health data... Data is power.”
Source→“There is a regulatory capture. So, 50 years ago... There was a race in Silicon Valley to see who could solve heart health. One path that people went down was to invent the stent. The other one was the calcium CT scanner. Who do you think won the lobby in Washington? The stent lobby won.”
Source→“Brad was on the show two weeks ago... Brad was like, let me tell you why this is going to... He's holding on.”
Source→“One positive good thing that happened on America's 250th birthday was Brad Gerstner's Trump accounts... could you talk about those and what that's offering children?”
Source→“Gerstner has predicted more than $100 billion in additional private commitments over the next 12 months, saying tens of billions are already committed but unannounced.”
“His "Age of Inference" thesis is cited as a framing device for the current market moment”
“Brad Gersner thinks it's, you know, he says it's the age of inference and the companies that are going to be rewarded most now are downstream of that.”
Source→“Average secondary bids reached 106% of NAV in Q1 2025 — the first premium since 2021 — after bottoming near 60% of NAV in 2022, signaling renewed structural demand, not saturation.”
“Brad Gerstner and Bill Gurley on BG2, independent outlets that feed a firm's thinking rather than getting absorbed into it.”
“People outside Silicon Valley may not know, you know, Michael and the team at Cursor as well. This is an extraordinary team that he just downloaded right into SpaceX.”
Source→“There are probably 50 neolabs being funded in Silicon Valley right now... the Nebiuses of the world, the Irons of the world.”
Source→“I'm very impressed by Misha and the team and what they're doing. And I very much want a frontier open source U.S. lab to win.”
Source→“SpaceX and I put Anthropic in this category as well, Databricks in this category. These things in many ways have been more liquid over the course of the past three years than some public biotech companies.”
Source→“If you're Vernova and you say we only have a certain number of gas combustion engines. Now we can sell them to XAI or we can sell them to one of these startup neoclouds. Who are you going to sell them to?”
Source→“He said revenues will go into the low hundreds of billions by 2028... He said, it's hard for me to see that there won't be trillions of dollars in revenue before 2030.”
Source→“That has been decisively wrong. Probably more than 90%. And it may continue to be decisively wrong. Frontier might be 90% of the economic value. Open source might be 80% of tokens.”
Source→“When you're the CEO of a private company, you are the most special flower to all of your investors... private investors are often selling to management teams... that can mean telling management teams what they need to hear.”
Source→“Andrew is just one of these people, let's get back to work and build shit. — Brad Gerstner”
Source→“Historically more money is made after IPO than before. Every single study shows that there is more money to be made, both in percentage and in what we care about, which is absolute.”
Source→“We invested pre-IPO at a billion dollars. We distributed the shares at three or four billion. And then it went to 50 billion over the course of the next 24 months.”
Source→“I was just talking about this with my friend Brad Gerstner earlier...you can see how much the semiconductor industry has outperformed the index.”
Source→“Brad Gerstner talks about this book, Essentialism. And I think we also have to adopt this idea of essentialism because you can't do it all.”
Source→“The issue we had in 2000 was dark fiber. You had all this infrastructure being built out, and it wasn't being used. There's no dark GPUs today, as Brad Gerstner likes to say.”
Source→“I remember talking to Brad from Altimeter. You can tell there's a guy very dialed into — every position has an exit price. And it's a discipline that you need as a public investor.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.