Why Exit Thinking Destroys Value - Round Two with Paulo Passoni ( Valor Capital)

At the start of the 2025 season, we released an episode that broke our Spotify records.

That single conversation was listened to six times more than any other episode we released this year.

That episode was my conversation with Paulo Passoni, Managing Partner at Valor Capital.

For this holiday special, I invited Paulo back for round two.

And this conversation goes in a very different direction.

Here’s what we explore:

– Why speed may be the last real moat left in the era of AI

– Why Anthropic may actually be a safer bet than OpenAI

– The hiring rule at Perplexity that sounds insane — until you understand what it unlocks

– The 10,000-year clock Jeff Bezos is building inside a mountain, and the founder mindset behind it

– **Ramp vs. CloudWalk: similar revenue scale, radically different multiples — what capital markets are actually pricing

– The US vs. China, and why the Mag 7 — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla — now sit at the center of global power dynamics

– Why LPs and capital allocators remain split on LATAM — who’s long, who’s short, and what each side is really optimizing for

– And finally, what it means to be deliberately more human in the age of AI — and why hobbies and community may matter more than we think

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