"Every time I talk to him [Tobi Lütke], he is at the edge of what anyone, CEO or not, is doing. He builds himself, he understands, he has like a great deep feel, and he is always six, eight months ahead of like any other CEO."
"The economy just has so much inertia. People keep doing the same things they're doing. They keep buying from the same, you know, company. They keep sort of wanting to use their tools in the same way. I think this is actually a positive in many ways and it's going to make this big transition in front of us go smoother and slower. I'm grateful for it, but I think it means we've all been too ambitious on timelines, even with this incredible technology."
"The thing to me that feels most psychologically inconsistent about myself is that I have for 20 years been using computers the same way. I now have a magic thing called Codex... that means I should completely be using my computer in a different way."
"You don't want to fund a founder who has a very, slightly different take on the same idea as the last thousand people you talk to."
"We were very confident that we were going after AGI... and then when we started really focusing on large language models, we got hammered again saying this is completely ridiculous."
"This is the weird thing where everybody's just like, 'Oh, it'll never do X.' Like, I talked to people in the music industry, 'It's never going to make great music.' And then they're like, 'Well, do you think it's going to like make a podcast?' I was like, 'Of course it's going to. It's going to do everything that we can do, at least better than like, even right now, like better than what we can do.'"
"People are still going to be very fundamentally wired to care about other people, to want to be around other people, to interact with other people. And, you know, there will be some people who just like get obsessed with the models and just think humans are in the way or, you know, a danger to be contended with or whatever. And for most people, it'll be the whole point."
"The single most powerful pattern I have noticed is that successful people find value in unexpected places and they do this by thinking about business from first principles instead of formulas."