Lisa

Oxide just raised $445M at a $6B valuation. @bcantrill and @sdtuck started @oxidecomputer to build the computers the hyperscalers keep for themselves. @EclipseVentures led the seed when nobody else would. now they're profitable, and he says they didn't even need to raise. i also asked him if AI is a bubble, why america hates data centers, and why every oxide employee makes the same salary. nontechnical, episode 4. 00:00 $445M at $6B, and they didn't need it 03:06 one wire transfer bigger than their whole seed 07:14 "they don't have the guts. they're too chicken." 09:09 100% banked at SVB 13:04 a 92-year-old kicking their asses in board meetings 14:48 "would you like me to name names?" 16:58 a16z loved it, then sent the first rejection 20:19 leaving a first round partner meeting for the A's 22:52 "Marc Andreessen was offended" 23:05 NEA: "we will only invest in software" 25:55 "legends are dead" 28:32 "when a VC says 'I've got a technical question'" 42:39 the firm that walked away from a signed term sheet 46:48 "if I could get sequoia, do you think you'd be here?" 49:41 "they were cowards" 52:36 the nuke email he wrote and never sent 58:33 four years later, they asked for a reference 1:02:01 "politics and business don't mix" 1:10:51 is AI a bubble? 1:14:56 how he ruined a dinner party in 1997 1:20:44 "people hate data centers" 1:22:08 how sun got thrown through the windshield in 2000 1:26:26 why everyone at oxide makes the same salary 1:30:58 the worst hire of all time 1:40:42 when oxide goes public