Trip: Knocks over the glass and completely ruins my rug.
[Laughter] I like that.
-There you go. -Exactly --
[Laughter]
Okay, time to address
the over-educated elephant in the room.
[Light laughter]
A formal welcome to our new general partner --
Colton Marshall Kisker III.
[Clears throat]
We were certainly lucky
to nab you from Sequoia last year.
And the JoyRide IPO -- 22x.
-Cheers. -Cheers.
[Glasses clinking] Cheers.
Mm.
I've got a lot to say,
but I don't want to ruin good champagne
with bad rambling, so...
[Laughter] Great.
Trip: I'm honored.
I'm humbled.
And I'm ready.
I am.
I'm ready to really drill down on monetizing my portfolio
while simultaneously cultivating new and promising ventures
that provide big exits,
with LP's clamoring to sign subscription docs.
So, thank you, one and all.
[Glasses clink] Thank you.
Elias: All right, fun's over. Back to business.
-Yeah. Let's do it. -Come on.
SparqPlug's Series B term sheet draft
is available for the curious.
Joyce, can you send around the target for PulseMD?
Got it.
And Millennium is a write-down.
Let's take a knee on the Web for now, yes?
Actually, no.
Uh, Rover is repurposing their software for a Web play.
They're getting set up in the Incubator now.
And you're still on point, Donna?
I made Tanya Reese associate.
She'll take lead and have an update by end of day.
Um, just to throw out a quick suggestion --
Rover has enough runway to rework their core technology
and index the entire Web, make it searchable.
It's low-risk, high-reward.
Uh, sorry, I'm -- I'm just getting caught up on the particulars,
but seeing as the Web is rocky territory,
is -- is jumping back into browsers maybe something --
Rover isn't developing a browser.
It's indexing the Web.
The whole thing. [Chuckles]
Uh, could -- could we circle back for a second
and drill down on leadership?
So, Tanya Reese was an assistant of yours
until today?
We're all aware of that fact, Trip.
Absolutely.
I'm just -- just getting up on my skis here,
but, um, does she have a web background
or any managerial experience specific to this play?
Tanya sat on my desk for two years.
She's been involved in numerous deals
and consequential in the success of more than a few.
Not to mention the fact
that she pulled Rover off the slush pile to begin with, so...
Gilson: Just, um, talking while I'm thinking,
uh, but since the web is frontierland,
would it be the worst idea
to bring in an outside consultant?
I think Tanya is perfectly capable
of handling the challenge --
Elias: I bet Joey Winchester'd be happy to come in.
You know who's available is Michael Hottendorf.
Trip: Cass Reinhardt just exited Sequoia three months ago,
and he would hit this out of the park.
-Cass -- -You know what?
If that's what Rover needs,
I have the perfect person in mind.
♪♪
Let me just, uh, make a phone call,
and I'll report back.
♪♪
Elias: Hmm, okay, moving on,
QwellX's missed its quarter by a bit.
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