In terms of trends that are upcoming that you have not heard talked about at this
conference yet What investment trends do you think people should be getting ahead of
and investing in? Everybody knows what mine is My code GP that's in the audience
Todd Benes. We're firmly of belief that if you're not putting some money in AI
You're gonna miss a major boat and we're specifically betting on the intersection of
the Silver Tsunami, so baby boomers with these 15 and 20 year cash flowing
businesses and AI coming together. But curious from the group here. You know I'm
going to keep fighting you in AI, right? Not because AI isn't going to be the
future, but it's just very hard to invest well in AI because everything becomes a
commodity. There'll be so many AIs on like the sales agents you talk about. There's
at least 50 companies who currently have those sales, those agent bots that are
coming out. So it's really tough. I think like it's huge. And so I promise I'm not
fighting you on this. It's just I'm going to Jason data. No, I think it's all
going to be, it's going to be data and it's going to be applications. Data is a
mess right now. Who has been here on a Google meet where there's literally been 10
bots following you. Each person has their own one. There's like 10.
And you're like, how does this happen? There's only four people on the call. But we
somehow have 10 agents that are following us on this call. And all that is going
up to the cloud, that's all been saved somewhere. Next thing, we're going to have
these rings and pendants that will record everything we do. Next thing, we're going
to have AI copy agents or copy us's that are going to be able to give us advice
and help. We're not even going to need girlfriends, boyfriends, husbands, wives, or
even kids anymore. We're gonna have like our own multiple things. All of these are
gonna cause a data nightmare. Data is going to be hell. So I'm just saying number
one thing in the world, data. Number two is gonna be compute space. It's gonna be
huge, data centers, compute space. Wherever this storage is gonna be, it's monster.
Each autonomous car requires one terabyte of data. Every single There are 1 .4 or 6
billion cars in the world. It is going to be insane. But then the last thing, just
on a little bit of levity here, because the world is getting very depressing right
now, I think experiences are going to be huge. People are going to come out,
multimedia immersive. It's not necessarily, you know, HoloLens and stuff. It's going
to be really good experiences that we go into, that we come out of mesmerized and
changed. And I think investments and those, although it's a long way away from what
we're talking about is something we want to happen because the world needs to be a
little bit more fun. Thanks, Brian, compelling. I'll go with Web 3 .0. I think
decentralized internet access
is a niche space that more and more people are aware of freedom of speech and the
ownership of your IP. So if you're a podcaster, you're not at the whim of YouTube
from deep platforming you for saying whatever. I'm a big believer that we should
have access to all information. I get to make my own determination on whether or
not something is true or not. You get to make your own determination, but I don't
want content restricted because of, you know, 20 different tech companies deciding
that I shouldn't be viewing content. But web three, think of musicians that own
their own music and it's not being owned by these big corporations. Same idea with
your own personal brand and your own personal IP.
- Do we have time for a couple of questions or no? We're out. - Sorry guys, we're
out of time, but everybody should respond if you have a response. - Yeah, sure. I
think Sustainable investing is not just a fad. It's not just a trend, it's not
going away at all. Everybody needs clean air, clean water, stable climate, healthy
oceans. These are things that we need. They're essential. We need to invest in the
physical world in order to reduce pollution. We need to do those things very fast.
The biggest transfer of wealth is about to happen from boomers to millennials and
gencies. We work with several of them. Lucas Walton from the Walmart family, et
cetera, right, is one of our biggest benefactors. They are very interested in this
space specifically, and investing in this space. And the capital markets and family
offices are really into sustainability. And so I would focus on that if you have,
just carve out a little bit of your portfolio, 1%, whatever, okay, just try it out,
test the waters, pun intended, get into ocean investing if you want, circular economy
I think is going to be a big space. So the alternatives to plastics, bringing back
the milkman model is things that we've invested into. How do you get delivery
systems that don't involve a whole bunch of plastics that's just getting delivered to
your house and you throw away? All those things, these are huge industries. Plastics
is one of the biggest industries on the planet. Developing the bioplastics and the
alternatives to plastics can also be one of the biggest industries on the planet
because we need to make those things happen. You guys have seen the impacts of this
in your own life. I don't have to talk to you about plastics being in your body,
the microplastics to honor beaches into our oceans, et cetera. But those kind of
things that reduce pollution upstream involve changing the way we do industry. Every
single thing you've consumed needs to change to become more sustainable in some way.
It just does. And it probably will. There's probably a company working on it right
now. So I checked those things out and I'm happy to talk about sustainable ocean
alliance. We're an accelerator And we have the VC fund and both sides have done
well 1 .5x markup on both sides. We're in the top 25 percentile of VCs But we're
investing for the future. We're investing for the ocean Just a few million dollars.
Sorry. I do like we do a hundred 250k checks Yeah, so the seabird ventures is like
four million dollar fund and Then we invest out the nonprofit side as well. All all
goes back to the Thank you, Matt. I think we got everybody. Is that right? All
right. How about a final round of applause? Thank you.