{"version":"market-claims.v1","claim":{"id":"mcl_8aca7b5ccda7d478d4","url":"/trace/claims/mcl_8aca7b5ccda7d478d4","status":"PUBLISHED","claimType":"DIRECTIONAL_THESIS","direction":"LONG","claimText":"Everybody piled into AI and dumped consumer internet, but the best consumer compounders like Spotify keep growing for years off billions of engaged phone users.","confidence":0.72,"expert":{"slug":"investlikebest","displayName":"Invest Like the Best","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/75a94db5-5","url":"/trace/experts/investlikebest","claimed":false},"primaryEntity":{"kind":"ASSET","assetClass":"EQUITY","symbol":"SPOT","name":"SPOT","exchange":null,"confidence":0.78},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=15dCw7lxqRk&t=132s","sourceUrl":"https://youtube.com/watch?v=15dCw7lxqRk","timecode":"2:12","startMs":132000,"endMs":null,"excerpt":"huge focus on SaaS, huge focus on all things AI, and huge de-emphasis of consumer-based internet businesses. And so I think that's actually a pretty interesting opportunity where one can be contrarian and we continue to see interesting private opportunities that I think most of the world's not focused on."},"performance":{"entryPrice":715.5700073242,"currentPrice":null,"returnPct":null,"relativePct":null,"method":"PASTE_AUTHOR_PRICE"},"resolutionStatus":"OPEN","ambiguityNotes":null,"horizon":"multi-year","isExplicitTrade":false,"notFinancialAdvice":true,"disclaimer":"AISO tracks public statements, not verified portfolio positions. This is not financial advice."},"expert":{"slug":"investlikebest","displayName":"Invest Like the Best","kind":"PERSON","status":"UNCLAIMED","avatarUrl":"/api/avatars/75a94db5-5","url":"/trace/experts/investlikebest","claimed":false},"source":{"platform":"YOUTUBE","title":"Why This Veteran Venture Capitalist Avoids AI Hype | Jay Hoag Interview","sourceUrl":"https://youtube.com/watch?v=15dCw7lxqRk","publishedAt":"2025-06-17T12:30:01.000Z"},"evidence":{"evidenceUrl":"https://www.youtube.com/watch?v=15dCw7lxqRk&t=132s","sourceUrl":"https://youtube.com/watch?v=15dCw7lxqRk","timecode":"2:12","startMs":132000,"endMs":null,"excerpt":"huge focus on SaaS, huge focus on all things AI, and huge de-emphasis of consumer-based internet businesses. And so I think that's actually a pretty interesting opportunity where one can be contrarian and we continue to see interesting private opportunities that I think most of the world's not focused on.","quote":"huge focus on SaaS, huge focus on all things AI, and huge de-emphasis of consumer-based internet businesses. And so I think that's actually a pretty interesting opportunity where one can be contrarian and we continue to see interesting private opportunities that I think most of the world's not focused on.","speaker":"Jay Hoag"},"entities":[{"kind":"ASSET","assetClass":"EQUITY","symbol":"SPOT","name":"SPOT","exchange":null,"confidence":0.78}],"marketData":{"entry":{"price":715.5700073242,"currency":"USD","observedAt":"2025-06-17T12:30:01.000Z","method":"PASTE_AUTHOR_PRICE"},"current":null,"returnPct":null},"snapshots":[{"kind":"ENTRY","symbol":"SPOT","assetClass":"EQUITY","price":715.5700073242,"probability":null,"currency":"USD","provider":"paste.trade","providerSymbol":"SPOT","observedAt":"2025-06-17T12:30:01.000Z","method":"PASTE_AUTHOR_PRICE","returnPct":null,"relativePct":null}]}