Transcript
0:00 I've invested over 300 private companies. A number of them have gone on to be worth over a billion dollars. And there are six companies right now that I am very excited about. I think these six companies are going to completely change the world. You're going to think of them the same way you think of Google and Amazon and many of the companies you use on a daily basis today. Each one of those started off as something small and grew into a world changing company. So these six, I think that they're next on deck to do that. The first company is called Base Power. Base Power is started by Zack Dell, the son of Michael Dell, and his co-founder Justin. What they are looking at is how do you actually rebuild the electrical grid and do it in a win-win way. First, you got to drop the electrical bill for people who live in the residential homes. So, what they do is they sell you an actual battery pack that you put on your home, but it's very cheap. And then they sit there and during the day they charge up the battery and at night when all of a sudden electricity gets much more expensive, they sell it back into the grid. So they're literally making money off of the grid using that battery pack and they're sharing the savings with you as a individual homeowner and that's how they get your electricity bill lower.
0:58 And so that business is really interesting. It's a vertically integrated power company, but they're using a decentralized grid with batteries at the homeowner level. And I think that that company is going to be massive. They can help rebuild the American grid going state by state, getting approvals, both going straight to the homeowner and working with the local power companies. I think that that business can be worth tens of billions, hundreds of billions of dollars. So, I'm very excited about them. The second company is EightLe. It's a company that I've been an investor for a while now. And what they do is they build a smart mattress.
1:28 But more importantly, when I first met the founder, Matteo, he told me, "What if you could compress 8 hours of sleep into 6 or 7 hours, but you still got the exact same recovery? You felt just as good as you got 8 hours. That means you could get back 2 hours of your day to be more productive and still get the same benefit of sleeping." See, what most people don't realize is when you sleep, yeah, you're asleep for 8 hours, but you're actually only getting deep sleep for a certain portion of that. The deep sleep is where you really recover and you feel rested. And so, if they could compress the amount of hours you sleep, but increase the number of deep sleep hours you get, then obviously you'd be much better off. So, eight sells a mattress cover and they also sell a mattress. But maybe most importantly, Mark Zuckerberg, Elon Musk, and a bunch of other people, they all sleep on it every single night.
2:09 So, they're big proponents of eight. I think that if a company can go and help people sleep more, imagine the billions of people around the world all getting more rest every single night. Obviously, that's going to be a world changing company. So, I'm very excited about them. The third company is called Micro One, and they're building a type of industry that most people haven't heard about yet. Micro One operates in a brand new industry called data labeling. Basically, what they're doing is they're creating data sets to give to the large language models so that these large language model labs can actually train their AI models. The way this works is that Micro One goes and it employs people.
2:40 Sometimes it employs people at 50 to 90 bucks an hour. Sometimes it goes and finds people like lawyers and pays them even more. And they say to these individuals, "I want you to sit here and I want you to create a data set for me." It may be something like labeling images. It could also be a lawyer going through a term sheet and actually redlining the document and then annotating why they're doing certain things. Regardless of the use case, these data sets are then sold to the large language model labs. And those labs use it as training data to make the AI models that you and I use on a daily basis much better. So Micro One is a very fast growing company. It's worth billions of dollars today and I think that they'll continue to pioneer what's going on in the data labeling space and so they're going to be one to watch as well. The fourth company is Varta. These guys, they're the first people who ever told me we can use outer space for the benefit of us here on Earth. Now, the way that this works is they basically are taking a manufacturing unit. They're putting it up in space. They're manufacturing pharmaceutical drugs in the zero gravity of space and then they bring those drugs back down on Earth. One of the founders, Deli, he always jokes that he's a space drug dealer. There's a little bit of hint of truth to that. But basically what these guys have figured out is how do we manufacture certain things in space using that zero gravity and then bring it back down here to Earth. Lots of people are thinking about space in terms of how do we go to Mars, how do we go to the moon, how do we go out from Earth. And that's a worthy cause and obviously something I'm excited about too. But what I find most interesting is if we can actually use space around us to benefit ourselves, then that increases the surface area that we've got to work with. Starlink's doing that with beaming the internet down.
4:08 Obviously, GPS uses satellites to go ahead and tell you where you are or where you're going. And now Varta is manufacturing pharmaceuticals in space, bringing it back down here to Earth. So, I think it's pretty cool and I think that's going to be a big one as well. Fifth on the list is Lovable. Lovable is a company that's now worth like $13 billion or something. And these guys, they basically make it dead simple for anyone in the world to build a product. Whenever you think about AI and the use of AI, it's one thing to have a really powerful model. It is a whole different game to be able to just simply describe in natural language like you're texting a friend. Here's what I want to build.
4:42 Then all of a sudden, the product just kicks it out and now you've got a website, you've got a mobile app or or whatever you need. And so if you can make it easier for people to build things, then your company is likely to become very very valuable. Think about Shopify, Amazon, many others. And that's ultimately what Lovable is doing is they're using AI to make it easier for you to build products. And I think that that company is already worth 13 billion, but it's going to be worth a lot more of it as they continue growing over time. Now, my sixth pick is Rain Maker. They take precision drones, they fly it into clouds, they drop off a substance in the clouds, and they make it rain. Hence the name Rain Maker. Now, the beauty of this is sometimes they want to make it rain, maybe to help out farmers or to address a drought, but they also can have it rain before clouds get somewhere so they can prevent rain from falling in certain areas as well.
5:27 And so, this idea of using technology to better understand the weather and then be able to manipulate the weather in a way that will benefit all kinds of different use cases for people on the ground, that is something that I think is very underexplored, but is going to have a massive opportunity. That company is growing incredibly quickly. I think that the founder Augustus is doing a fantastic job and my guess is that most people haven't heard of rain maker today but over time that they're going to start understanding what that company is doing and they're going to realize the benefit of it and rain maker is going to be much more valuable in the future. Now if you notice the different commonalities of these companies they all are highly disruptive. They basically look at a large industry. They take a new approach using new technology and then they try to take out the incumbent. These are industries where the winner can literally be worth tens of billions or hundreds of billions of dollars. And so I get very excited whenever I see people who are entrepreneurial, who have new technology and a new approach and they have ambition. They say to themselves, you see that big multi-billion dollar company, I'm going to go beat them. I know they got more resources. I know they've been around longer. I know they got a bigger team. They got more money than me, but I've got a new idea or a new technology that they're not ready for. They can't compete with me. And so I'm going to go win that market. That's ultimately all startup investing is about is you're trying to invest in things that are really small today. They're going to end up being really big later on. I think these six companies that we talked about today, each one of them's got a shot to create a lot of value. I'm very excited to be an investor in each one of them, and I hope that you guys will all end up hearing about it soon. I think those six companies are all companies that people are going to hear a lot about over time. But before I let you go, I want to tell you about my company as well, CFO Sylvia. You go check it out, cfosilia.com.
6:56 It's an AI CFO that allows you to connect all of your financial accounts, upload all of your assets, and then you begin talking to the latest, greatest state-of-the-art AI technology. As you're talking to Sylvia, you ask her, "How do you mitigate your taxes? How do you do estate planning? How do you pass assets down to your kids? How do you optimize your portfolio? You can do deep research on individual stock names. Or you can even have a roast your portfolio, which is one of my favorite things to do. Using Sylvia helps people grow their net worth faster. And I think that if you go check it out, you're really going to enjoy it as well.
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