Pat Gelsinger · The a16z Show · Chips, Memory, and Power | Pat Gelsinger
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Funded a new stealth memory company
“One of the reasons why we exist… 1,500 funds in market… a customer that says, hey, my portfolio only requires six… eight funds gives you hundreds of companies and that's enough diversification.”
“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
“…enterprise value to replacement cost… has moved very significantly… memory semi-companies are now valued at three or four times what it would cost to rebuild…”
“If a corporation replaces a human worker with an algorithm, that algorithm should still trigger FICA taxes. The company pays into pension funds to maintain the social safety net.”
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