David Frankel

And the insurance codes and how much you should pay out for your meds, great. And then you have the whole internet and you've still got hundreds of billions of market cap, hundreds of billions adding no value. And the problem is that these incumbents use every trick in the book. Capitalism's so beautifully set up for them.

So they use lobbying, they use lawyers, they use PR to say that the challenges are illegal. That's like job number one. I have had this... time and time again. And in one way I go, it's a badge of glory, right? Like to actually like rouse a leech, like unbelievable you're doing, you know, because the incumbent is now pissed off or worried about you. It's a badge of glory.

So they use lobbying, they use lawyers, they use PR to say that the challenges are illegal. That's like job number one. I have had this... time and time again. And in one way I go, it's a badge of glory, right? Like to actually like rouse a leech, like unbelievable you're doing, you know, because the incumbent is now pissed off or worried about you. It's a badge of glory.

So they use lobbying, they use lawyers, they use PR to say that the challenges are illegal. That's like job number one. I have had this... time and time again. And in one way I go, it's a badge of glory, right? Like to actually like rouse a leech, like unbelievable you're doing, you know, because the incumbent is now pissed off or worried about you. It's a badge of glory.

But I think going through that, what it takes to take on these leeches is tremendously underestimated.

But I think going through that, what it takes to take on these leeches is tremendously underestimated.

But I think going through that, what it takes to take on these leeches is tremendously underestimated.

I'll tell you, SeatGeek, I actually gave testimony to a panel of lawyers for the Department of Justice. Russ D'Souza is the co-founder of SeatGeek. He says to me, come on a sales visit with him. So I go to TD Garden in Boston, which is like Madison Square Garden. We meet with the manager. She's awesome. She says, we turf Ticketmaster in a heartbeat and go with SeatGeek.

I'll tell you, SeatGeek, I actually gave testimony to a panel of lawyers for the Department of Justice. Russ D'Souza is the co-founder of SeatGeek. He says to me, come on a sales visit with him. So I go to TD Garden in Boston, which is like Madison Square Garden. We meet with the manager. She's awesome. She says, we turf Ticketmaster in a heartbeat and go with SeatGeek.

I'll tell you, SeatGeek, I actually gave testimony to a panel of lawyers for the Department of Justice. Russ D'Souza is the co-founder of SeatGeek. He says to me, come on a sales visit with him. So I go to TD Garden in Boston, which is like Madison Square Garden. We meet with the manager. She's awesome. She says, we turf Ticketmaster in a heartbeat and go with SeatGeek.

We love your ticketing policy. We love the open thing. We can't give up Ticketmaster. I look at her, I go... But hold on, you're like, there's no other venue like you in Boston. This is this covered arena. It's beautiful. It's where all the basketball and ice hockey takes place. When you two comes to town, where else are they going, right? She goes, no, no, no, no, it's not that.

We love your ticketing policy. We love the open thing. We can't give up Ticketmaster. I look at her, I go... But hold on, you're like, there's no other venue like you in Boston. This is this covered arena. It's beautiful. It's where all the basketball and ice hockey takes place. When you two comes to town, where else are they going, right? She goes, no, no, no, no, it's not that.

We love your ticketing policy. We love the open thing. We can't give up Ticketmaster. I look at her, I go... But hold on, you're like, there's no other venue like you in Boston. This is this covered arena. It's beautiful. It's where all the basketball and ice hockey takes place. When you two comes to town, where else are they going, right? She goes, no, no, no, no, it's not that.

She's like, Live Nation straight out said to us, you two will come to Boston. You'll have one night in Boston instead of three nights. I make like a million or $2 million net profit a night. I literally gave testimony to the Department of Justice telling them exactly what I've just told you. And what you've got is you've got, you take vertical after vertical.

She's like, Live Nation straight out said to us, you two will come to Boston. You'll have one night in Boston instead of three nights. I make like a million or $2 million net profit a night. I literally gave testimony to the Department of Justice telling them exactly what I've just told you. And what you've got is you've got, you take vertical after vertical.

She's like, Live Nation straight out said to us, you two will come to Boston. You'll have one night in Boston instead of three nights. I make like a million or $2 million net profit a night. I literally gave testimony to the Department of Justice telling them exactly what I've just told you. And what you've got is you've got, you take vertical after vertical.

So Live Nation, Ticketmaster, that merger should never have been allowed. But once it's allowed, we will occupy, monopolize that position all day long. Harry, we've got it right now. I had it in my business in terms of taking on the legacy telcos in my startup, like impossible. And we can talk about some of the strategy around that.

So Live Nation, Ticketmaster, that merger should never have been allowed. But once it's allowed, we will occupy, monopolize that position all day long. Harry, we've got it right now. I had it in my business in terms of taking on the legacy telcos in my startup, like impossible. And we can talk about some of the strategy around that.

So Live Nation, Ticketmaster, that merger should never have been allowed. But once it's allowed, we will occupy, monopolize that position all day long. Harry, we've got it right now. I had it in my business in terms of taking on the legacy telcos in my startup, like impossible. And we can talk about some of the strategy around that.

Yeah, yeah. We've seen this again in Suno. So Suno is a fund for company. The recording industry has just gone wild against Suno. And often it's exact same playbook. But I think this is a place where VCs can add a ton of value is it's the same playbook. So they're lobbing their ass. The recording industry like first says, you're illegal. Like what you're doing is illegal.