Reed Hastings - Building Netflix

**Patrick O'Shaughnessy** (0:00)
Here's an interesting question to think about. If your finance team suddenly had an extra week every month, what would you have them work on? Most CFOs don't know because their finance teams are grinding it out on lost expense reports, invoice coding, and tracking down receipts until the last possible minute. That's exactly the problem that Ramps set out to solve. Looking at the parts of finance everyone quietly hates and asking why are humans doing any of this? Turns out they don't need to. Ramps AI handles 85% of expense reviews automatically with 99% accuracy, which means your finance team stops being the department that processes stuff and starts being the team that thinks about stuff. Here's the real shift. Companies using Ramp aren't just saving time, they're reallocating it. While competitors spend two weeks closing their books, you're already planning next quarter. While they're cleaning up spreadsheets, you're thinking about new pricing strategy, new markets and where the next dollar of ROI comes from. That difference compounds. Go to ramp.com/invest to try Ramp and see how much leverage your team gains when the work you have to do stops getting in the way of the work that you want to do. Investing is hard. It's an apprenticeship industry with messy data, complicated workflows and decisions that demand judgment. Investing needs specialized AI, and that's why I'm so excited about Rogo. Rogo is an AI platform purpose-built for Wall Street, not a generic chatbot, but a suite of agents designed around how bankers and investors actually work. From sourcing, diligence and modeling, to turning analysis into deliverables. Finance requires deep domain expertise far beyond your average chatbot. As listeners of this podcast know, every investment firm is unique, with its own thesis, internal notes, templates, and ways of investing. Generic AI can be impressive, but it doesn't actually understand your process, and that's where the advantage lives. For me, three things set Rogo apart. One, it connects directly to your system, so it can work with your actual data, internal and external. Two, it understands your workflows, how work really happens across a deal or an investment. And three, it runs end-to-end and produces real outputs in the way that your best people do. Auditable spreadsheets, investment memos, diligence materials, and slide decks that match your standards. Rogo is built by a deeply technical AI team with real finance DNA, large language models for finance professionals by finance professionals. And it's already being adopted by some of the most demanding institutions in the world. The teams that get this right early won't just move faster, they'll compound better decisions, train their own AI analyst, and the gap will widen. The Rogo team's vision is distinct. Make the most ambitious investors even better and make finance an AI native industry. I'm fully bought into that vision and I think their work will fundamentally reshape investing. Learn more at rogo.ai/invest.
If you're a long time listener of this show, you've heard the same pattern play out across so many great companies. The moment a product finds early traction, the constraints shift from engineering curiosity to enterprise execution. And one of the biggest hurdles, whether you're open AI, Cursor, Perplexity, Vercell or a brand new startup is identity and access. SSO, SCIM, RBAC, audit logs, these are the capabilities that give enterprises the confidence to adopt your product at scale. That's where WorkOS comes in. It's become the default way fast-growing software companies get enterprise-ready. Instead of spending months building SSO or provisioning or permissions in-house, WorkOS gives you all the core features enterprises require through clean, modern APIs. And in the era of AI, this matters more than ever. AI-native companies scale faster than anything we saw in classic SaaS. They can't afford to wait on an enterprise compliance they needed on day zero. That's why so many of the top AI teams you hear about already run on WorkOS. If you're building software and want to unlock larger customers or just avoid reinventing a very unglamorous wheel, head to workos.com. It's the fastest way to become enterprise ready and stay focused on what actually moves the needle your product. Visit workos.com to get started.
Hello and welcome everyone. I'm Patrick O'Shaughnessy and this is Invest Like the Best. This show is an open-ended exploration of markets, ideas, stories and strategies that will help you better invest both your time and your money. If you enjoy these conversations and want to go deeper, check out Colossus, our quarterly publication with in-depth profiles of the people shaping business and investing. You can find Colossus along with all of our podcasts at colossus.com.

**SPEAKER_2** (4:01)
Patrick O'Shaughnessy is the CEO of PositiveSum. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of PositiveSum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of PositiveSum may maintain positions in the securities discussed in this podcast. To learn more, visit PSUMVC.