# BG2Pod: the investor podcast, by episode > BG2Pod: Two investors on markets, tech and the late-stage money that moves them. 45 episodes, each linked to the investors in it. Source: https://millionrounds.com/podcasts/bg2pod (Millionrounds; every figure on the page links to its filing or article) Investors · new episode 15 Oct 2026 # BG2Pod Hosted by **Brad Gerstner and Bill Gurley** Two investors on markets, tech and the late-stage money that moves them. Follow on Apple PodcastsBrowse the episodes **45** episodes **5** investors heard as guests **1h 10m** an average episode 5 in the last 12 months ## The regulars Investors named as guests in the most episode titles on BG2Pod. [BM *1* **Bob Mylod** Annox Capital](https://millionrounds.com/person/bob-mylod)[GB *1* **Gavin Baker** Atreides Management](https://millionrounds.com/person/gavin-baker)[JB *1* **Jamin Ball** 1 episode](https://millionrounds.com/person/jamin-ball)[KW *1* **Kevin Weil** Scribble Ventures](https://millionrounds.com/person/kevin-weil)[SN *1* **Satya Nadella** Microsoft](https://millionrounds.com/person/satya-nadella) ## Every episode 45 · page 1 of 2 - 45 **Jensen Huang | Does AI Revenue Justify Capex, '27 AI Bottlenecks, Singularity, Open vs Closed & more** 15 Oct 2026 · 1h 40m About this episode Can AI revenues justify the spending? Jensen Huang breaks down the biggest bottlenecks heading into 2027, the path to the singularity, open vs. closed models, and why he’s 99.99% optimistic about the decade ahead. Jensen joins Brad Gerstner and Clark Tang for their third BG2 conversation, recorded days after the Xi… ▶Show page - 44 **The SpaceX IPO, Fable 5, AI Capex Update & Market Check w/ Gavin Baker, Andrew Fox & Clark Tang | BG2** 11 Jun 2026 · 1h 21m [Gavin Baker](https://millionrounds.com/person/gavin-baker)[Atreides Management](https://millionrounds.com/fund/atreides-management)[Google](https://millionrounds.com/fund/google-assistant-investments) About this episode Brad Gerstner sits down with Gavin Baker and Andrew Fox of Atreides Management, alongside Altimeter partner Clark Tang, to break down one of the biggest questions in tech and markets: how should investors think about the SpaceX IPO? They unpack the major levers behind SpaceX’s next phase: Starship rapid reusability,… ▶Show page - 43 **ChatGPT – The Super Assistant Era | BG2 Guest Interview** 15 Mar 2026 · 1h 4m About this episode In this BG2 guest interview, Altimeter Partner Apoorv Agrawal sits down with Nick Turley of OpenAI for a deep dive into how ChatGPT became one of the fastest-growing products in history, and what comes next. They discuss how OpenAI thinks about retention and product metrics, why long-term engagement matters more than… ▶Show page - 42 **AI Enterprise - Databricks & Glean | BG2 Guest Interview** 23 Dec 2025 · 45 min [Ali Ghodsi](https://millionrounds.com/person/ali-ghodsi)[Arvind Jain](https://millionrounds.com/person/arvind-jain) About this episode In this BG2 guest interview, Altimeter partner Apoorv Agrawal sits down with Ali Ghodsi (Databricks) and Arvind Jain (Glean) for a candid, operator-level discussion on what’s actually working in enterprise AI, and what isn’t. They unpack why 95% of AI projects fail, why LLMs are rapidly commoditizing, and why durable… ▶Show page - 41 **All things AI w @altcap @sama & @satyanadella. A Halloween Special. 🎃🔥BG2 w/ Brad Gerstner** 31 Oct 2025 · 1h 14m [Sam Altman](https://millionrounds.com/fund/sam-altman)[Satya Nadella](https://millionrounds.com/person/satya-nadella) About this episode Brad Gerstner sits down with Satya Nadella (Microsoft) and Sam Altman (OpenAI) to unpack the $3 trillion AI buildout transforming technology, business, and the global economy. They dive deep into the OpenAI–Microsoft partnership, how it unlocked massive scale in the cloud, and what it reveals about the future of… ▶Show page - 40 **AI Bubble, Stablecoin Boom, and Runnin' Down a Dream | BG2 w/ Bill Gurley and Brad Gerstner** 14 Oct 2025 · 1h 2m About this episode Pre-Order Runnin' Down a Dream now: https://a.co/d/0oIPPve Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they unpack the $3T AI buildout, circular revenue red flags, and whether the boom is becoming a bubble. They dive into the rise of… ▶Show page - 39 **NVIDIA: OpenAI, Future of Compute, and the American Dream | BG2 w/ Bill Gurley and Brad Gerstner** 26 Sept 2025 · 1h 44m [Sovereign AI](https://millionrounds.com/fund/sovereign-ai) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, Brad and Clark Tang sit down with Jensen Huang, founder & CEO of NVIDIA, for a sweeping deep dive on the new era of AI. From the $100B partnership with OpenAI to the rise of AI factories,… ▶Show page - 38 **Inside OpenAI Enterprise: Forward Deployed Engineering, GPT-5, and More | BG2 Guest Interview** 11 Sept 2025 · 1h 9m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, guest host Altimeter’s Apoorv Agrawal explores how OpenAI is reshaping enterprise with Sherwin Wu, Head of Engineering OpenAI Platform, and Olivier Godement, Head of Product OpenAI Platform.… ▶Show page - 37 **China, China, China. Breaking Down China’s Tech Surge | BG2 w/ Bill Gurley and Brad Gerstner** 28 Aug 2025 · 1h 7m [Alibaba Cloud](https://millionrounds.com/fund/alibaba-cloud)[Xiaomi](https://millionrounds.com/fund/xiaomi) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they dive deep into China’s explosive innovation across AI and EVs, the rise of open-source models, lessons for U.S. competitiveness, the real story on tariffs and trade, and what America must do… ▶Show page - 36 **China Open-Source, Compute Arms Race, Reordering Global Trade | BG2 w/ Bill Gurley and Brad Gerstner** 31 Jul 2025 · 1h 4m [Mary Meeker](https://millionrounds.com/person/mary-meeker) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they discuss open-source models in China and the US, the compute arms race, tariffs and the reordering of global trade, and more. Enjoy another episode of BG2! Timestamps: (00:00) Intro… ▶Show page - 35 **Michael Dell – Invest America Act Becomes Law, AI Talent Wars, Compute Demand, Market Update | BG2** 10 Jul 2025 · 1h 19m [Michael Dell](https://millionrounds.com/fund/michael-dell) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they welcome Michael Dell to discuss the Invest America Act, lessons learned from the 90’s, government spending, budget deficit, the AI talent war, AI's Role in Economic Growth and… ▶Show page - 34 **Coatue Pt2. Open AI’s Kevin Weil Dives into All Things ChatGPT | BG2 w/ Bill Gurley & Brad Gerstner** 21 Jun 2025 · 22 min [Kevin Weil](https://millionrounds.com/person/kevin-weil)[Coatue](https://millionrounds.com/fund/coatue-management) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, recording from the Coatue East Meets West stage, they welcome OpenAI CPO Kevin Weil to discuss all things OpenAI. Enjoy another episode of BG2! Show Notes: Coatue EMW 2025 Slides Produced by… ▶Show page - 33 **Coatue’s Laffont Brothers. AI, Public & VC Mkts, Macro, US Debt, Crypto, IPO's, & more | BG2** 20 Jun 2025 · 1h 1m [Coatue](https://millionrounds.com/fund/coatue-management)[Philippe Laffont](https://millionrounds.com/person/philippe-laffont) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they welcome Coatue’s Thomas and Philippe Laffont to discuss the AI Super cycle, Stablecoin and crypto, consumer AI, NVIDIA GPU’s, Macroeconomics, publc markets, VC markets, M&A’s, insights for… ▶Show page - 32 **China, AI Immigration, Rare Earths & Chips, Tariffs, Market Check | BG2 w/ Bill Gurley & Brad Gerstner** 5 Jun 2025 · 1h 1m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they discuss the pace of AI and data walls, China’s startups, immigration and talent acquisition, rare earths, chips, China trade deal, corporate governance, Delaware incorporation rights, &… ▶Show page - 31 **AI, Middle East, China, Tariffs, Recon Bill, Invest America | BG2 w/ Bill Gurley & Brad Gerstner** 22 May 2025 · 1h 16m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, they discuss the overturning of the AI Diffusion Rule, Brad’s trip to the Middle East, Middle East Deals, China Tariffs, Reconciliation Bill, Invest America, Delaware Incorporation Rights,… ▶Show page - 30 **Tariffs, Free Trade, Export Controls, H20 & Rare Earth Ban | BG2 w/ Bill Gurley & Brad Gerstner** 24 Apr 2025 · 1h 3m [Jeffrey Sachs](https://millionrounds.com/person/jeffrey-sachs) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they revisit arguments about free trade, and discuss updates on tariff negotiations, export controls, the new AI cold war, NVIDIA H20 chip ban, rare earth ban, DeepSeek, Tesla, & more. Enjoy… ▶Show page - 29 **Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok | BG2 w/ Bill Gurley & Brad Gerstner** 4 Apr 2025 · 1h 13m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss market uncertainty, globalism and tariffs, M&A, Wiz and GOOG, NVDA GTC, consumer AI demand, AI unit economics, & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro… ▶Show page - 28 **NVDA GTC, M&A Wiz / Goog $32 B Deal, April 2 Tariff Uncertainty; Huawei Belt & Road; ChatGPT** 21 Mar 2025 · 1h 22m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss market uncertainty, globalism and tariffs, M&A, Wiz and GOOG, NVDA GTC, consumer AI demand, AI unit economics, & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro… ▶Show page - 27 **Grok 3, AI Memory & Voice, China, DOGE, Public Market Pull Back | BG2 w/ Bill Gurley & Brad Gerstner** 1 Mar 2025 · 1h 3m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss Grok 3, AI memory, voice, and evaluations, China, DOGE, the public market pullback, & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (01:40) Grok 3 (05:55) Grok’s… ▶Show page - 26 **DeepSeek, Open Source, Tariffs, DOGE, Market Impact | BG2 w/ Bill Gurley & Brad Gerstner** 5 Feb 2025 · 1h 14m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss DeepSeek, globalism vs national interests, Trump tariffs, open source, DOGE, & more.. Enjoy another episode of BG2! Timestamps: (00:00) Intro (03:20) DeepSeek & Open Source… ▶Show page - 25 **Stargate, Executive Orders, TikTok, DOGE, Public Valuations | BG2 w/ Bill Gurley & Brad Gerstner** 23 Jan 2025 · 1h 11m [Rene Haas](https://millionrounds.com/person/rene-haas) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they are joined by a surprise guest, and discuss Stargate, executive orders, TikTok, DOGE, Public Valuations & more. Enjoy another episode of BG2! Timestamps: (00:00) Intro (01:21) Stargate… ▶Show page - 24 **Market Predictions, Rates & Inflation, DOGE, CES, AI Compute | BG2 w/ Bill Gurley & Brad Gerstner** 11 Jan 2025 · 1h 23m [Elon Musk](https://millionrounds.com/fund/elon-musk)[Satya Nadella](https://millionrounds.com/person/satya-nadella) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss Brad’s public market predictions, AI enthusiasm and fears, interest rates, inflation, DOGE, federal budget analysis, big tech capex, scaling inference, Satya Nadella, Jensen Huang,… ▶Show page - 23 **AI Semiconductor Landscape feat. Dylan Patel | BG2 w/ Bill Gurley & Brad Gerstner** 23 Dec 2024 · 1h 30m [Google](https://millionrounds.com/fund/google-assistant-investments) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they are joined by Dylan Patel, Founder & Chief Analyst at SemiAnalysis, to discuss origins of SemiAnalysis, Google's AI workload, NVIDIA's competitive edge, the shift to GPUs in data centers,… ▶Show page - 22 **Satya Nadella | BG2 w/ Bill Gurley & Brad Gerstner** 12 Dec 2024 · 1h 25m [Satya Nadella](https://millionrounds.com/person/satya-nadella) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they are joined by Satya Nadella, CEO of Microsoft, to discuss becoming Microsoft’s CEO, Advice for CEO’s, Microsoft’s Investment in OpenAI, Legacy Search, Ten Blue Links, Consumer and Enterprise… ▶Show page - 21 **BG2 Thanksgiving Roundtable: DOGE, EV Tax Credit, Tariffs, Conspiracy Theories, Invest America** 27 Nov 2024 · 44 min About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they get in the Thanksgiving spirit, and discuss China, DOGE, Governor Newsom’s EV Tax Credit, Service Titan IPO, FedNow, Tariffs, Anthropic Open Source, Warren Buffet’s Thanksgiving letter,… ▶Show page - 20 **Ep20. AI Scaling Laws, DOGE, FSD 13, Trump Markets | BG2 w/ Bill Gurley & Brad Gerstner** 21 Nov 2024 · 1h 3m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss AI Scaling Laws, the future of inference, AI memory and actions, National Full Self-Driving Regulations, FSD 13, Robotaxi and Waymo, Department of Government Efficiency (DOGE), &… ▶Show page - 19 **Ep19. State of Venture, AI Scaling, Elections | BG2 w/ Bill Gurley, Brad Gerstner, & Jamin Ball** 31 Oct 2024 · 1h 6m [Jamin Ball](https://millionrounds.com/person/jamin-ball) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they are joined by Jamin Ball (Partner at Altimeter) to discuss the state of venture capital and incentives, implications of overcapitalization, the future of power law returns, AI’s impact on… ▶Show page - 18 **Ep18. Jensen Recap - Competitive Moat, X.AI, Smart Assistant | BG2 w/ Bill Gurley & Brad Gerstner** 13 Oct 2024 · 54 min [Elon Musk](https://millionrounds.com/fund/elon-musk)[Sunny Madra](https://millionrounds.com/person/sunny-madra) About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, joined by Sunny Madra (Groq) they discuss Jensen Huang’s recent appearance on the podcast, including scaling intelligence towards AGI, NVIDIA's strategic positioning, the role of CUDA in the… ▶Show page - 17 **Ep17. Welcome Jensen Huang | BG2 w/ Bill Gurley & Brad Gerstner** 13 Oct 2024 · 1h 21m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week, Jensen Huang, CEO of NVIDIA, makes a guest appearance. In Bill’s absence, Brad is joined by Clark Tang (Partner at Altimeter) as they discuss with Jensen scaling intelligence towards AGI, the… ▶Show page - 16 **Ep16. Nuclear Update, AI Fast & Furious, State of VC | BG2 w/ Bill Gurley & Brad Gerstner** 25 Sept 2024 · 1h 6m About this episode Open Source bi-weekly convo w/ Bill Gurley and Brad Gerstner on all things tech, markets, investing & capitalism. This week they discuss private sector interest in nuclear energy, AI supply and demand, OpenAI Strawberry o1,inference constraints, the evolution of AI models, the state of VC, zombiecorns, & more. Enjoy… ▶Show page ## Who the show talks about Firms named in its episodes, and people named in descriptions: talked about, rather than on the show. [**Elon Musk** *4*](https://millionrounds.com/fund/elon-musk)[**Google** *4*](https://millionrounds.com/fund/google-assistant-investments)[**Coatue** *3*](https://millionrounds.com/fund/coatue-management)[S **Sam Altman** *2*](https://millionrounds.com/fund/sam-altman)[S **Satya Nadella** *2*](https://millionrounds.com/person/satya-nadella)[S **Sunny Madra** *2*](https://millionrounds.com/person/sunny-madra)[A **Aaron Levie** *1*](https://millionrounds.com/fund/aaron-levie)[A **Ali Ghodsi** *1*](https://millionrounds.com/person/ali-ghodsi)[**Alibaba Cloud** *1*](https://millionrounds.com/fund/alibaba-cloud)[A **Arvind Jain** *1*](https://millionrounds.com/person/arvind-jain)[**Atreides Management** *1*](https://millionrounds.com/fund/atreides-management)[D **Daniel Ek** *1*](https://millionrounds.com/person/daniel-ek) ## More shows like this - [**The Twenty Minute VC** Harry Stebbings 1,526 episodes](https://millionrounds.com/podcasts/20vc) - [**Invest Like the Best** Patrick O'Shaughnessy 602 episodes](https://millionrounds.com/podcasts/invest-like-the-best) - [**No Priors** Sarah Guo and Elad Gil 185 episodes](https://millionrounds.com/podcasts/no-priors) - [**Training Data** Sequoia Capital 112 episodes](https://millionrounds.com/podcasts/training-data)