Private Markets, Valuation Compression, and Time Horizons

Sign up for TBPN’s daily newsletter at TBPN.com

• (01:47) - Ellison's Media Empire
• (18:06) - 𝕏 Timeline Reactions
• (21:21) - Cursor Mic Drop
• (26:16) - Zuck's $170M Mansion
• (29:29) - Matthew Belloni, a former entertainment attorney and editorial director of The Hollywood Reporter, is a founding partner of Puck, a digital media company covering Hollywood, Silicon Valley, Washington, and New York. In the conversation, he discusses the significant changes in Hollywood over the past five years, including the end of the peak TV era, the Netflix correction leading to a content recession, and the impact of the 2023 labor strike, all contributing to a period of uncertainty and disruption in the industry. He also highlights the trend of productions moving overseas due to aggressive incentives, such as the UK's 40% incentive on above-the-line costs, which substantially reduces production expenses.
• (01:00:33) - 𝕏 Timeline Reactions
• (01:13:39) - Ken Burns is an acclaimed American documentary filmmaker renowned for his in-depth explorations of U.S. history and culture, with notable works like *The Civil War*, *Baseball*, and *The American Revolution*. In the conversation, Burns reflects on his early inspirations, including the profound impact of his mother's death and his father's emotional response to a film, which led him to pursue filmmaking. He discusses his commitment to public broadcasting, emphasizing the creative control and time it affords him to produce comprehensive documentaries, and highlights the importance of embracing technological advancements while maintaining narrative integrity.
• (01:49:45) - Gokul Rajaram, a seasoned technology executive and investor, has held pivotal roles at companies like Google, Facebook, Square, and DoorDash, and currently serves on the boards of Coinbase, Pinterest, and The Trade Desk. In the conversation, he discusses the evolving landscape of software, emphasizing the need for companies to adapt to AI advancements, the challenges of building liquidity in marketplaces, and the importance of effective board composition and engagement.
• (02:11:54) - 𝕏 Timeline Reactions
• (02:21:11) - Nik Seetharaman, founder and CEO of Wraithwatch, has an extensive background in cybersecurity, having served as CIO at Anduril Industries, led cyber defense teams at SpaceX and Palantir, and conducted advanced cyber warfare operations with the U.S. Special Operations Command. He discusses the challenges in cybersecurity, emphasizing the need for autonomous defense systems to counter rapidly evolving AI-driven cyber threats. Seetharaman highlights Wraithwatch's recent $30 million federal contract to deploy its AI-powered cyber defense platform across multiple U.S. government agencies, aiming to provide continuous defensive counterpressure against emerging threats.
• (02:35:30) - Raj Rajamani, co-founder and CEO of JetStream Security, recently announced the company's emergence from stealth mode and its successful $34 million seed funding round led by Redpoint Ventures and the CrowdStrike Falcon Fund. JetStream aims to address the AI trust problem in enterprises by providing AI governance tools, including AI Blueprints, which serve as operational contracts for AI workflows to ensure transparency and control. Rajamani emphasized the importance of understanding and managing AI systems to scale their adoption responsibly, highlighting that the company is already engaging with Fortune 500 clients and plans to expand its team to meet growing demand.
• (02:44:04) - James Everingham, CEO of GIL AI, discusses the challenges of managing proliferating AI agents within company infrastructures, emphasizing the need for governance, control, and observability to prevent operational chaos. He highlights the importance of cost management, citing instances where uncontrolled agent usage led to budget overruns, and notes that both small and large companies are rapidly adopting AI agents, with tech-forward industries leading the charge. Everingham also introduces Agent Hub, a platform for sharing and deploying agents, and announces GIL AI's recent $44 million funding round led by Google Ventures.
• (02:55:59) - Dr. Felix Ejeckam, founder and CEO of Akash Systems, discusses the company's development of diamond-cooled servers designed for AI and cloud service providers. By integrating synthetic diamond, the most thermally conductive material, directly onto GPUs, Akash's technology reduces temperatures by 10-15°C, enhancing performance and lowering cooling costs. This innovation allows servers to operate efficiently even in ambient temperatures up to 120°F without the need for liquid cooling or air conditioning.
• (03:07:05) - 𝕏 Timeline Reactions

TBPN.com is made possible by:

Ramp - https://Ramp.com

AppLovin - https://axon.ai

Cisco - https://www.cisco.com

Cognition - https://cognition.ai

Console - https://console.com

CrowdStrike - https://crowdstrike.com

ElevenLabs - https://elevenlabs.io

Figma - https://figma.com

Fin - https://fin.ai

Gemini - https://gemini.google.com

Graphite - https://graphite.com

Gusto - https://gusto.com/tbpn

Kalshi - https://kalshi.com

Labelbox - https://labelbox.com

Lambda - https://lambda.ai

Linear - https://linear.app

MongoDB - https://mongodb.com

NYSE - https://nyse.com

Okta - https://www.okta.com

Phantom - https://phantom.com/cash

Plaid - https://plaid.com

Public - https://public.com

Railway - https://railway.com

Restream - https://restream.io

Sentry - https://sentry.io

Shopify - https://shopify.com/tbpn

Turbopuffer - https://turbopuffer.com

Vanta - https://vanta.com

Vibe - https://vibe.co

Follow TBPN: 

https://TBPN.com

https://x.com/tbpn

https://open.spotify.com/show/2L6WMqY3GUPCGBD0dX6p00?si=674252d53acf4231

https://podcasts.apple.com/us/podcast/technology-brothers/id1772360235

https://www.youtube.com/@TBPNLive