What, by the way, is strong floor, no ceiling?

Strong floor, no ceiling is a vision for the country.

You know, I think the big challenge, I was joking around with some friends that we've now, after Tuesday, we've as a group achieved Everest base camp.

Now we have to climb a mountain.

And the mountain is how do we get a durable base governing majority that's based on the American people understanding what the Democratic Party wants to do for them.

Where do we want to go? We haven't been asked in something like three decades to imagine something great for the country that is constructive and hopeful and positive.

And yes, people worry about their bank accounts, and rightly so.

They're going to say, wait a minute, is Oliver Libby here to argue and tell me that the moderate Democrat is Sayed and he won in Michigan?

Can you give me and give the audience like the full run of how you got here and into just what you've been doing, which my opinion is incredibly impressive?

I would hasten to say that the litany of things that my family has accomplished, like I'm still working to make my mark in that way.

And thankfully, it was an uplifting family upbringing.

So there wasn't like crushing pressure.

But yeah, so my grandfather and my great great uncle both won Nobel Prizes separately for medical discoveries.

My great great uncle was a man named Jacques Monod, who was French and got the Nobel Prize in 1965 for discovering messenger RNA.

which used to be more arcane.

Can you tell me a little bit more about the firm?

But what else? What is AI doing every day already?

I mean, I would actually challenge what you said about robotics.

When you put the AI brain in the robot, it can do more.

I mean, there's some pretty exciting stuff happening, and it's going very quickly.

And I remember the first time I walked onto the factory floor in Fremont in the original Tesla factory, and I was like, where are all the people? They named all the robots after Marvel characters.

And so it was like, oh, Captain America's over here doing the screws on that.

It was just incredible, right? But also very eerie, right? You saw this very like anodyne, you know, like white coat and people walking around with iPads.

What jobs, you know, can we speculate will be on the rise?

But what else? What is AI doing every day already?

I mean, I would actually challenge what you said about robotics.

When you put the AI brain in the robot, it can do more.

I mean, there's some pretty exciting stuff happening, and it's going very quickly.

And I remember the first time I walked onto the factory floor in Fremont in the original Tesla factory, and I was like, where are all the people? They named all the robots after Marvel characters.

And so it was like, oh, Captain America's over here doing the screws on that.

It was just incredible, right? But also very eerie, right? You saw this very like anodyne, you know, like white coat and people walking around with iPads.

What jobs, you know, can we speculate will be on the rise?

How do you see the evolving regulations of today shaping your investment strategy or perhaps hindering it as it might be?

Well, once you introduce the question of today, my answer becomes much more up in the air because we are in a period of grave uncertainty and chaos.

And as I like to say, the market's like only one thing less than regulation and taxes, which is uncertainty and chaos.

Look, let's get back to first principles, though.

For me...

there is a grand partnership between the sectors and in the innovation economy, more so than anything else, to be honest with you.

Although I think government touches everything and government is part of our contracts, but the civil society where we work together to see outcomes happen.

And finally, looking ahead, what do you think are the emerging trends or technologies in are the climate and energy sectors that you believe hold the most promise for transformative impact? And how is HL Ventures positioning itself to potentially support these developments?

On a more granular level, Oliver, do you have an opinion about the core we've IPO tomorrow?

Well, look, first of all, I'm certainly I'm an early stage VC investor, so I won't I won't try and guess as to the quality of an IPO.

But what I'll tell you about this is ultimately the entire innovation ecosystem is about building companies so that people will buy them.

Right.

The partnership between venture capitalists and entrepreneurs is ultimately about building companies that someone will buy.

It might be an IPO and that would be great.

It might be a financial buyer like private equity.

Jefferies is now down 30 percent year to date because if there's no M&A, then that kind of, again, limits the field of options for a company going public ultimately.