Basket tracking the three dominant public cloud platforms: Amazon AWS, Microsoft Azure, and Google GCP.
1 take · first discussed Jun 21, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
Thomas LaFonte, joined emphatically by Chamath and Friedberg, argues that a synthetic index of AWS, Azure, and GCP alone would be the only investment needed over the next five years, citing cloud infrastructure as the essential backbone of the AI era. The conviction is high and the view is unanimous among those present — no dissenting voices are noted. The core thesis is that these three platforms collectively capture so much of the value being created in AI that no other holdings would be necessary. No host expresses skepticism or a competing view in the provided material.
Thomas LaFonte (joined emphatically by Chamath and Friedberg) says owning a synthetic index of AWS, Azure, and GCP alone would be the only investment needed over the next 5 years, given cloud infrastructure's role as the backbone of the AI era.
if we could synthetically own AWS, Azure, and GCP. If I could somehow automagically create an index of all 3 of those businesses, right? You wouldn't need to own anything else.”1:36:43