BG2Pod with Brad Gerstner and Bill Gurley

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they welcome Michael Dell  to discuss the Invest America Act, lessons learned from the 90’s, government spending, budget deficit, the AI talent war, AI's Role in Economic Growth and Productivity, the explosion in AI compute and demand, the markets, and more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (4:13) Lessons from the 90’s at Dell (8:37) Invest America Act Signed Into Law (27:12) Government Spending and Budget Deficit (36:05) The AI Talent War  (46:25) AI's Role in Economic Growth and Productivity (53:42) AI Compute–Explosion in Demand (1:03:53) Market Check Show Notes: Invest America [https://www.investamerica.org/] Next Gen Personal Finance [https://www.ngpf.org/] Play Nice But Win: A CEO's Journey from Founder to Leader [https://www.amazon.com/Play-Nice-But-Win-Journey/dp/0593087747?adgrpid=186996873828&hvpone=&hvptwo=&hvadid=748008426876&hvpos=&hvnetw=g&hvrand=13228479928161013514&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9031927&hvtargid=dsa-2414841786886&hydadcr=&mcid=&hvocijid=13228479928161013514--&hvexpln=67&tag=googhydr-20&hvsb=Biographies_d&hvcampaign=dsadesk] Milken Institute: The Economic Impact of Invest America Accounts [https://milkeninstitute.org/content-hub/research-and-reports/reports/economic-impact-invest-america-accounts] Produced by Benny Beausoleil Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com [http://www.bg2pod.com] Follow: Brad Gerstner @altcap [https://x.com/altcap] Bill Gurley @bgurley [https://x.com/bgurley⁠] BG2 Pod @bg2pod [https://x.com/BG2Pod⁠] Michael Dell @MichaelDell [https://x.com/michaeldell]

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, recording from the Coatue East Meets West stage, they welcome OpenAI CPO Kevin Weil to discuss all things OpenAI. Enjoy another episode of BG2! Show Notes: Coatue EMW 2025 Slides [https://drive.google.com/file/d/1Srl8Y4pBoKtNVYZBxmfj2TEMYM5tp1mE/view] Produced by Benny Beausoleil Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com [http://www.bg2pod.com] Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley [https://x.com/bgurley⁠] Kevin Weil @kevinweil [https://x.com/kevinweil?lang=en] BG2 Pod @bg2pod [https://x.com/BG2Pod⁠]

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they welcome Coatue’s Thomas and Philippe Laffont to discuss the AI Super cycle, Stablecoin and crypto, consumer AI, NVIDIA GPU’s, Macroeconomics, publc markets, VC markets, M&A’s, insights for founders and CEO’s, and more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (02:36) The AI Super Cycle (07:47) Stablecoin & Cryptocurrency (16:19) Consumer AI & Impact on $GOOG (22:54) GPU Allocation v Cloud Revenue Market Share (28:56) AI Impact on Macro + Debt (35:20) Private Markets, IPO’s, M&A’s (45:59) Golden Age of Margin Expansion (51:48) Jevon’s Paradox (53:19) Insights for Founders and CEOs Show Notes: Coatue EMW 2025 Slides [https://drive.google.com/file/d/1Srl8Y4pBoKtNVYZBxmfj2TEMYM5tp1mE/view] Produced by Benny Beausoleil Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com [http://www.bg2pod.com] Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley https://x.com/bgurley [https://x.com/bgurley] BG2 Pod @bg2pod https://x.com/BG2Pod [https://x.com/BG2Pod]

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they discuss the pace of AI and data walls, China’s startups, immigration and talent acquisition, rare earths, chips, China trade deal, corporate governance, Delaware incorporation rights, & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (04:24) Pace of AI + Data Walls (11:43) China's 1000 Startup Strategy (26:18) Talent Acquisition and Immigration Policies (36:24) Rare Earths, Chips / China Trade Deal (53:46) Corporate Governance and Delaware Dilemna Show Notes: Reddit v. Anthropic [https://redditinc.com/hubfs/Reddit%20Inc/Content/PDFs/Docket%20Stamped%20Complaint.pdf] China’s “Thousand Startups Bloom” [https://bg2pod.notion.site/china-s-thousand-startups-bloom-strategy] Produced by Benny Beausoleil Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com [http://www.bg2pod.com] Follow: Brad Gerstner @altcap [https://x.com/altcap] Bill Gurley @bgurley [https://x.com/bgurley] BG2 Pod @bg2pod [https://x.com/BG2Pod]

Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they discuss the overturning of the AI Diffusion Rule, Brad’s trip to the Middle East, Middle East Deals, China Tariffs, Reconciliation Bill, Invest America, Delaware Incorporation Rights, Momentum in Crypto, Open Source AI in China, & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (02:02) AI Diffusion Rule and Middle East Deals (20:31) China Tariff Deal (31:10) Reconciliation Bill (44:06) Invest America inclusion in the bill (49:09) Delaware Incorporation Rights (59:51) Major Momentum in Crypto (01:06:28) Open Source AI in China Show Notes: WSJ - The Tech Industry Is Huge–and Europe’s Share of It Is Very Small [https://www.wsj.com/tech/europe-big-tech-ai-1f3f862c?gaa_at=eafs&gaa_n=AerBZYM2jk6vG6v8GDfPZfo46cTyZYuIO5sL8vqaVESNcGDpM13aWy4cSYRjHRgVYUg%3D&gaa_ts=682f4fff&gaa_sig=NpdAcZI8R6A1yo8LASf5Fn2x9DeqFuH2xxGHyNF-WO1Hd6w8KYBcngJtEov06QD9g2FjwIFkCAKyGP2rOpJTMg%3D%3D] Welcome to the China Hawk Industrial Complex [https://www.nonzero.org/p/welcome-to-the-china-hawk-industrial] China's Baidu to make latest Ernie AI model open-source as competition heats up [https://www.reuters.com/technology/artificial-intelligence/baidu-make-ernie-ai-model-open-source-end-june-2025-02-14/] Lodestar Multipliers in Delaware and Federal Attorney Fee Awards [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5237545] Produced by Benny Beausoleil Music by Yung Spielberg Available on Apple, Spotify, www.bg2pod.com [http://www.bg2pod.com] Follow: Brad Gerstner @altcap https://x.com/altcap Bill Gurley @bgurley https://x.com/bgurley [https://x.com/bgurley] BG2 Pod @bg2pod https://x.com/BG2Pod [https://x.com/BG2Pod]