TMTB: BG2 pod with MSFT CEO Satya Nadella and OAI's Sam Altman Key Takeaways

Link here to full pod…

Revenue scale & the $100B timing

Host: “If you were doing in excess of $100B of revenue in 2028 or 2029, you’d be positioned to IPO around $1T…”
Sam Altman:

“How about 2027? …We’d like to fund the company with revenue growth. The most appealing part of an IPO is letting retail investors buy one of the most important companies.”

Sam Altman (on trajectory):

“We’re doing well more revenue than that [reported number]. Revenue is growing steeply. We’re taking a forward bet that it continues—ChatGPT keeps growing; we become one of the important AI clouds; our consumer device becomes significant; AI that automates science creates huge value. We might screw it up, but without compute, we can’t generate the revenue or build the models at this scale. We don’t have a date; I assume going public someday. I’d prefer to fund growth with revenue. The most appealing thing is retail investors being able to own one of the most important companies.”

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Compute constraints & price elasticity