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They're just like, I need to free up money to set on GPUs, set GPUs on fire. Sure. And I'll pay anybody to move me into a Postgres instance in Google Cloud or AWS."},"performance":{"entryPrice":150.4600067139,"currentPrice":null,"returnPct":null,"relativePct":null,"method":"PASTE_AUTHOR_PRICE"}},{"id":"mcl_e34b5ee848e9bb5a93","url":"/trace/claims/mcl_e34b5ee848e9bb5a93","status":"PUBLISHED","claimType":"DIRECTIONAL_THESIS","direction":"LONG","claimText":"Snowflake is riding the AI wave, not getting killed by it. The more tokens companies burn, the more database queries pile up, and the stock is finally earning an AI multiple.","confidence":0.72,"expert":{"slug":"altcap","displayName":"Brad Gerstner","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/746364e2-3","url":"/trace/experts/altcap","claimed":false},"primaryEntity":{"kind":"ASSET","assetClass":"EQUITY","symbol":"SNOW","name":"SNOW","exchange":null,"confidence":0.78},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=sQVwLUxFdMY&t=7431s","sourceUrl":"https://youtube.com/watch?v=sQVwLUxFdMY","timecode":"123:51","startMs":7431000,"endMs":null,"excerpt":"there are certain software companies companies, Databricks, Snowflake, and ClickHouse, all of which we're investors in, which very clear to me they're in the token flow. 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It's going from 12 down to 1 or 2."},"performance":{"entryPrice":241.6950073242,"currentPrice":null,"returnPct":null,"relativePct":null,"method":"PASTE_AUTHOR_PRICE"}},{"id":"mcl_bd0d12b09d36d49a43","url":"/trace/claims/mcl_bd0d12b09d36d49a43","status":"PUBLISHED","claimType":"DIRECTIONAL_THESIS","direction":"LONG","claimText":"Pure-play data-warehouse revenue compounds as agents force unstructured enterprise content into queryable tables and join it to structured data, the layer that wins when the backend gets fed.","confidence":0.72,"expert":{"slug":"dwarkesh-sp","displayName":"Dwarkesh Podcast","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/c3263695-7","url":"/trace/experts/dwarkesh-sp","claimed":false},"primaryEntity":{"kind":"ASSET","assetClass":"EQUITY","symbol":"SNOW","name":"SNOW","exchange":null,"confidence":0.78},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=8-boBsWcr5A&t=2183s","sourceUrl":"https://youtube.com/watch?v=8-boBsWcr5A","timecode":"36:23","startMs":2183000,"endMs":null,"excerpt":"databases in fact will be a big thing that'll grow. 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