What podcasts say about Andrew Ambrosino
Every statement, with the speaker, the exact quote and the moment it was said.
What Andrew Ambrosino has said on podcasts
61 statements · 43 positive · 12 negative · 3 mixed · 3 neutral
ChatGPT Work now operates by default across desktop and cloud environments.
“now by default ChatGPT work on the desktop.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 43:46
OpenAI’s new products run in the cloud while accessing users’ local machines when needed.
“all of our new products today, whether that's the Dots, the Codex Cloud, ChatGPT Work, all of this stuff is running in the cloud and has access to your local machine if it needs it.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 44:19
Most newly released OpenAI products are iterations of earlier experiments.
“most of the stuff that we released today is like a take 5.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 46:55
OpenAI’s newly released products currently feel highly impressive.
“the stuff that we have out today feels, feels magical.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 47:54
Space moves Codex and ChatGPT into a more collaborative, multiplayer workflow.
“this is really the entry of Codex and ChatGPT into a multiplayer, more collaborative era.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 48:42
UltraFast substantially improves workflow speed once adopted.
“UltraFast has been one of those things that for us, like, you just, you can't go back”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 51:46
AI adoption is spreading from engineering and research into other organizational functions.
“engineering was here, research is here, and every other one is like quickly following in sync.”
Open the episode · OpenAI DevDay | Sam Altman, Alexander Embiricos, Andrew Ambrosino, Peter Steinberger, Tibo Sottiaux, Kath Korevec, Casey NeistatListen at 53:24
Shift4 operates as a vertically integrated payment processor.
“Shift4 is a vertically integrated payment processor.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 3:58
Shift4 ranks second in U.S. restaurant POS behind Toast.
“in the US they're the number 2 restaurant POS behind Toast.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 4:09
Shift4 software reaches 40% of U.S. hotels.
“one piece of software or another touching 40% of hotels in the United States.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 4:52
Shift4 processes payments for 75% of professional sporting venues.
“they are the payment processor for 75% of professional sporting venues.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 5:00
Integrated payments processing is among the most defensible go-to-market software offerings.
“being an integrated payments processor as a, call it like go-to-market software offering, is one of the most defensible, easily like understandable defensible positions”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 9:12
Shift4’s operating performance has been strong despite negative sentiment.
“if you look at how the business has actually performed, I think that it's done quite well.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 13:28
Shift4’s payments are software-integrated across its business.
“Shift4, literally everything that they do is software-integrated payments.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 18:08
Shift4 is significantly undervalued if it executes well in its core verticals.
“if we continue to do well in these specific verticals, this is very, very undervalued.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 19:47
Restaurants contribute roughly $1 billion of Shift4’s $2.5 billion revenue metric.
“The restaurant vertical is roughly a billion of that $2.5.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 20:40
Shift4’s restaurant vertical generates approximately $450 million EBITDA.
“it is a very, very profitable, you know, my numbers are somewhere in the $450 million of EBITDA from the restaurants vertical.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 20:47
Shift4 Dine POS represents genuine organic growth.
“This is a true organic growth story.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 27:25
Toast is currently performing very well.
“Toast is doing phenomenally well.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 30:48
Shift4 Dine POS, Square, and Toast are all currently winning customers.
“all 3 of those groups are winning quite a bit right now.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 31:39
The U.S. restaurant market adds approximately 50,000 new locations annually available to providers.
“every single year you got a cohort of 50,000 where that's up for grabs.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 33:28
Credit-card surcharging is materially positive for Shift4.
“this is actually, I think, a material positive for Shift4.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 34:36
Credit-card surcharge pass-through materially benefits Shift4.
“I actually think that this credit card surcharging pass-through is a very material positive.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 37:04
Over 80% of Shift4 Dine POS installs are new Shift4 merchants.
“the vast majority, call it 80% plus of Shift4 Dine POS installs are 100% net new merchants.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 44:30
Shift4’s current valuation implies investors pay for zero or negative organic growth.
“You're paying for zero or less in my view right now.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 47:57
Shift4’s expected $80 million Global Blue synergies remain un disproven for next year.
“there's nothing that's been disproven about the $80 million of synergies that they're expecting to get next year”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 50:12
Global Blue holds 70% market share in tax-free shopping.
“Global Blue is a 70% market share in tax-free shopping.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 50:50
Shift4 can potentially attach payments to Global Blue’s merchant software base.
“how can we go to all of those merchants and effectively attach payments onto that killer piece of software?”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 51:26
Shift4 increased EBITDA per share twelvefold since its IPO.
“On a per-share basis, it's 12x.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 53:16
Shift4’s share repurchases are a good capital-allocation decision.
“I think that's a great idea.”
Open the episode · $FOUR: Shift4 at 6.5x EBITDA. Is the organic growth real? | Emeth Value CapitalListen at 53:40
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.