Results Junkies

Watch us on YouTube!Ed and Paul dive deep into OpenAI’s massive long-term compute commitments and what it means for the company’s economics, competitive positioning, and the broader AI arms race. They break down the tension between explosive revenue growth and unprecedented spending, the venture-logic behind “land-grab” behavior, and the risks these commitments pose to both vendors and competitors. In the second half, the conversation turns to Microsoft Teams, the EU’s antitrust ruling, and the messy realities of bundling, competition, and predatory pricing — all served with classic Results Junkies candor, startup-operator logic, and more than a few cheeseburger metaphors. Topics & Timestamps 00:05 – Opening banter & travel logistics Ed and Paul compare time zones, Vegas scenery, and the eternal quest for a cheeseburger. 01:04 – Housekeeping Where to find Ed and Paul online; quick reminders for Results Junkies listeners. 01:20 – OpenAI’s staggering compute spend Discussing the article outlining OpenAI’s commitment to tens of billions in annual compute spending — and why the math seems wild compared to current revenue. 03:20 – Revenue vs. spend: does the model scale? How OpenAI reportedly moved from $1.7B to $12B annualized revenue in ~18 months — and whether that trajectory justifies a $60B/year commitment. 04:40 – Venture-style land-grab logic Why this looks like a classic “spend now, dominate later” strategy — just at an unprecedented scale. 06:00 – What happens if OpenAI misses the commitment? Exploring the vendor-risk problem: what does a partner do when they’re left $10–20B short? 07:27 – Founders vs. investors: who’s really risking what? Why downside risk isn’t shared equally — especially when founders have little capital invested. 08:04 – Barriers to competition increase dramatically The larger these commitments get, the harder it becomes for smaller AI startups to realistically compete. 08:35 – Capacity lock-up strategies Why monopolizing vendor resources may be a conscious competitive tactic. 09:17 – Transition to Microsoft Teams & Slack’s EU complaint Ed outlines the EU’s ruling requiring Microsoft to unbundle Teams and adjust pricing. 10:58 – Is this really a European-only issue? A look at how bundling plays out in the US market as well. 11:36 – The role of precedent Can EU regulatory pressure spill into US practice? 12:22 – Government-mandated pricing: tricky territory Paul reacts to the idea of regulators dictating price gaps — and why it feels risky through a startup-operator lens. 14:01 – Is Teams effectively a “free burger”? Ed argues that bundling Teams at near-zero cost resembles predatory pricing designed to box out Slack. 15:49 – Revisiting antitrust basics Where’s the line between aggressive competition and anti-competitive behavior? 17:33 – Airline analogy: when incumbents crush challengers Ed recounts how United Airlines once priced a regional competitor out of existence — and why the dynamic resembles the Microsoft–Slack situation. 18:59 – Could giants always “out-capacity” challengers? Why big players can add supply and out-discount smaller competitors indefinitely. 20:01 – Independence Air and the Dulles example A real-world case study in predatory pricing and market power. 22:12 – The free-market debate A nuanced discussion on where regulators should intervene. 23:01 – US vs. Microsoft (2000s) Why the landmark browser-bundling case still matters today. 25:17 – How defaults create de-facto monopolies Browsers then; team-collaboration suites now. 27:01 – Why Teams frustrates so many users Ed’s legendary rant: stability issues, UX complaints, and cross-platform challenges. 28:29 – The cheeseburger episode idea A running joke about turning Results Junkies into a Bourdain-style food-and-business hybrid. 28:48 – More Vegas talk & logistics Travel schedule, long hotel stays, and construction-trip life. 30:07 – How Vegas won over Dana Why today’s Vegas is more dining and convenience than chaos. 30:30 – Cheeseburger Day, store openings & invites Future events, potential travel, and family logistics. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Orchard AI is making it easier for farmers to harvest better crops. Will companies like this help the agriculture industry rely less on migrant labor? And, is everyone lying about AI usage? Paul asks that very question. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Why do investors hate it when founders say they're never going to sell their company? Is there really a market for single-use hardware devices? Should AI regulation happen at the state level or the federal level?

Paul and Ed are digging into new malware being installed on phones by the Chinese government. Anthropic is throttling some of their biggest subscribers. And, Open AI makes the difficult decision NOT to acquire a company so Microsoft can't get the IP, only to see Google step in.

Watch us on YouTube!An early-stage company in Ed's portfolio has a unique opportunity to pre-empt their next round. Paul and Ed discuss in detail. Health tech seems to be having a moment in the ecosystem. Paul offers his perspective based on his current role.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Paul and Ed turn into middle school boys as they discuss a new AI-powered startup. Is Jony Ive poised to release the next "must have" device for millions of people? And, is Fortnite back on the Apple app store for good?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Prompt engineer was the hot job 2 years ago. It was a well paid position that companies were clamoring for. And, then, it wasn't. Microsoft bought Skype for $8 billion. That investment has yielded....Microsoft Teams? As Skype sunsets, we ask if Microsoft got their money's worth. And, we wrap up with Bezos getting into the car game....with crank windows. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Paul and Ed discuss the standards for employee stock options pools and how a portfolio company can deal with a unique situation. More large AI models are adopting a common protocol for how to transfer data. Lastly, Paul brings up some important points from the CEO of Shopify. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!It's not exactly Moore's Law, but the size of the tasks that AI agents can take on continues to increase at an unbelievable pace. Google continues to weave AI into their travel services, including some new features including price tracking on hotel reservations. In the fight against AI web crawlers, some developers have employed an interesting tactic. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Paul is sharing his real world recent experiences with ChatGPT. He's upgraded to the paid version of ChatGPT and has some interesting experiences to share. The DOJ is reconsidering their stance on the Google lawsuit. We're digging into the changes. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Apple is investing half a trillion dollars in the US. What will that look like?And, Ed did a bunch of research with ChatGPT's Deep Research. Is it worth the price?We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Google Gemini has a good memory about your past conversations, so it can use previous info to give you better answers. Is that good....or bad?And, Cursor built a $100MM ARR machine with only 12 employees. Talk about the power of AI.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!AI had a prominent role in Super Bowl commercials this year, at the same time that Sam Altman was talking about the potential dangers of AGI. Paul and Ed also talk about a new AI research tool. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!It's a complicated time in the IPO markets right now. Will 2025 really be the year things open up? And, Google is giving their customers more features, but making it awful hard to say no to taking their data. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!DeepSeek, a China-based company building an AI model to compete with the likes of ChatGPT, has released a model that uses significantly fewer resources than other leading models. This led to quite the uproar. Multiple unicorns in the travel space indicate a ramp-up in valuations and interest in the sector. Paul and Ed are digging in. We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!The cost to move goods from Asia continues to increase amidst the uncertainty of another port strike. Hardware startups need to pay close attention, and may need to consider moving their production into North or Central America. Nvidia is dealing with government restrictions while they're also rolling out a new desktop AI computer. And, for less than $500 you can have your own reasoning AI model up and running.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!A sizable new fund points to tougher fundraising conditions for late-stage startups. Turo is an example of a startup that has avoided liability by holding renters and owners responsible to help grow faster. Microsoft is giving you AI, whether you like it or not.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!We're ending the year where we began, talking about layoffs in the tech world.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Investors are getting irritated with how some founders are using fundraising proceeds. Hear Paul and Ed's take.And, Ed shares a story about a chance meeting with a founder that Paul and Ed both invested in.We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.

Watch us on YouTube!Part 2 of our on-the-road office hours.Paul and Ed hit the road recently with the founder of one their portfolio companies. Julian Kheel, founder of Points Path, traveled to Sioux Falls, South Dakota to spend time with Matt Paulson, CEO of MarketBeat. They're conducting office hours, coaching Julian on how to grow Points Path. We thought you might like an inside look into how investors and mentors coach founders. Hope you enjoy the show!We'd love it if you'd leave us a rating. It takes less than a minute and really helps us out. Just click here!If you've got a comment or question for the show, you can e-mail us at [email protected]. You can find Paul and Ed online @paulsingh and @pizzainmotion.