In this episode of 'Company Breakdowns', Erik Torenberg is joined by Tomasz Tunguz, general partner of Theory Ventures to explore how Databricks is changing the way we handle unstructured data, its impact on AI, data analytics, and the future of the data landscape.

Understand why Databricks is becoming indispensable for AI development and deployment, and learn about the key features and benefits it offers to businesses.

🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj

Subscribe to this season of Company Breakdowns for analysis of Reddit, Databricks, and more! Subscribe to Company Breakdowns' newsletter: https://company-breakdowns.beehiiv.com/

Company Breakdowns is a part of the Turpentine podcast network. Learn more: www.turpentine.co

--

RECOMMENDED PODCAST:

🎙️ This Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel. They unpack their hottest takes on the future of tech, business, venture, investing, and politics.

Apple Podcasts: https://podcasts.apple.com/us/podcast/id1765665937

Spotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz

YouTube: https://www.youtube.com/@ThisWontLastpodcast

--

RECOMMENDED PODCAST: TURPENTINE VC

Investor Erik Torenberg interviews partners at the top VCs in the world to learn their approach to the art and science of building a successful venture firm.

Apple: https://podcasts.apple.com/us/podcast/id1701006772

Spotify: https://open.spotify.com/show/3Yb8ErLRnyoAqn4Y6NegTx

–

SPONSORS: CARTA | BABBEL | BRAVE

Carta

Carta is offering up to 40% off a new Carta plan, including cap table management, QSBS Attestation, and Carta Total Compensation. This limited-time offer runs through the end of July at ⁠z.carta.com/econ102⁠.

🌐 Ready to achieve your 2024 goals? Start learning a new language with Babbel in just three weeks. Enjoy app lessons, live classes, and podcasts designed for real-world conversations. Get up to 60% off at babbel.com/zen

🦁 The tech world turns to the Brave browser for a private ad platform that respects user privacy. Brave Ads offers first-party targeting, and it’s been cookieless since day one. Join the future of advertising at https://brave.com/ads. Mention “Turpentine” when signing up for a 25% discount on your first campaign.

–

LINKS:

Tomasz’ website: https://tomtunguz.com/

Theory Ventures: https://theory.ventures/

Databricks' Accelerating Growth by @ttunguz: https://tomtunguz.com/databricks-growth-2024/

–

FOLLOW ON X:

@eriktorenberg (Erik)

@ttunguz (Tomasz)

@turpentinemedia (Turpentine)

–

TIMESTAMPS:

(00:00) Introduction

(00:24) Tomasz’ Initial Thoughts on Databricks

(01:50) Databricks vs. Snowflake 

(03:00) Unstructured Data Pipelines & Applications 

(04:51) Databricks' Market Opportunity & Competitors 

(07:00) The Investability of Databricks 

(08:00) Databricks vs. Snowflake: A Deeper Dive 

(09:57) The Future Battle of the Giants 

(12:47) Bull & Bear Case for Databricks 

(14:12) The Unbundling of the Database 

(16:48) Sponsor: Babbel | Brave 

(19:13) Databricks Bullish Outlook & Investment Considerations

(20:00) Databricks: A Difficult Technical Problem 

(22:47) The Power of the Data Catalog 

(25:09) Open vs. Closed Source: The Databricks & Snowflake Dynamic 

(27:44) The Importance of Compute Workloads 

(29:40) Five Trends Shaping the Modern Data Stack 

(31:40) Investor Perspective & the Evolution of the Market 

(33:13) The Evolution of Business Intelligence 

(35:28) Databases & AI Models: A New Frontier 

(37:25) Nvidia: A Key Player in the AI Landscape 

(39:26) Arguments for a Lower Nvidia Valuation 

(42:49) Wrap