I wrote a long email in response (likely in 2021). It is translated here by ChatGPT. It very much applies to the current situation

Doing research on a project, modern agents pull extraordinary content. I get distracted 100% of the time worldradiohistory.com/Archiv…

Exa just passed $100m in annualized revenue. We've grown almost exactly 10x per year for 3 years. We now handle 2 billion requests a month from 200k+ teams. And it’s still so early: We predict agents will search 1000x more than humans by 2030. Agents don't search like humans. They write long, complex queries and want all the world's data, not just the web. We've spent 5 years building a search engine designed for them. We now serve personal agents, AI labs, coding agents, GTM agents, really any agent. Exa gives these agents access to 100s of billions of web documents and tons of proprietary data. Our customers are increasingly noticing that information is the bottleneck to agent performance. While the world seems close to perfect intelligence with models like Fable and Astra, we are very far from perfect information. To our small but legendary team, thank you for getting us here, from engineering to research to GTM to ops. To our customers, it is an honor to serve you. We have some exciting releases coming soon and can't wait to share them 🫡

I don’t think the AI cycle is over. But I think financing will be harder, things will be scrutinized more w/math, the marginal bid on a stock will be harder to get, & gone are the days of +20% pops on random/recycled press releases Capex can grow by hyper’s OCF growth and be ok