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david khan

T3 · host / generalist

Partner at Sequoia Capital focusing on AI infrastructure, energy, and hardware investments; led investments in Form Energy (grid batteries) and Valar Atomics (nuclear); early investor in Hugging Face.

5 calls·5 names·100% bull·last heard 16 days ago·TBPN
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1sthigh conviction
$VALAR-ATOMICSValar Atomicsposition

Sequoia backs Valar Atomics for nuclear energy

Sequoia has invested in Valar Atomics as a nuclear energy play, betting on deep IP and long-horizon hardware development similar to SpaceX's 24-year path to kinetic energy release.

TBPN2026-09episode →
2ndhigh conviction
$FORM-ENERGYForm Energyposition

Sequoia invests in Form Energy's iron-air grid batteries after 9-year R&D

Form Energy's iron-air battery technology uses ultra-cheap raw materials (iron and air) for grid-scale storage, has deep IP from 9 years of R&D led by ex-Tesla energy head Mateo Jaramillo, and just signed a major project with Google, positioning it to scale for AI-driven power demand.

TBPN2026-09episode →
3rdhigh conviction
$HUGGING-FACEHugging Faceposition

Sequoia: Hugging Face's community-driven adoption creates option value at decacorn scale

Hugging Face's bottom-up developer adoption and massive community create enduring option value that justifies decacorn valuations, serving as a template for other AI infrastructure companies with similar dynamics.

TBPN2026-09episode →

most discussed · click a bar to filter

  • $VALAR-ATOMICS
  • $FORM-ENERGY
  • $SEQUOIA
  • $SPCX
  • $HUGGING-FACE

recurring themes

  • Grid & Power Infrastructure1
  • AI Infrastructure1
5 total
$VALAR-ATOMICS
Valar Atomics
HIGHdavid khan·TBPN·16 days ago·Some Personal Agent News, CharlestonAI Founder Joins, 10%, Mikey Shulman, Keith Rabois· position
Sequoia backs Valar Atomics for nuclear energy
Sequoia has invested in Valar Atomics as a nuclear energy play, betting on deep IP and long-horizon hardware development similar to SpaceX's 24-year path to kinetic energy release.
"Sean was on the show talking about Valor which is our nuclear investment."
62:18
$FORM-ENERGY
Form Energy
HIGHdavid khan·TBPN·16 days ago·Some Personal Agent News, CharlestonAI Founder Joins, 10%, Mikey Shulman, Keith Rabois· position
Sequoia invests in Form Energy's iron-air grid batteries after 9-year R&D
Form Energy's iron-air battery technology uses ultra-cheap raw materials (iron and air) for grid-scale storage, has deep IP from 9 years of R&D led by ex-Tesla energy head Mateo Jaramillo, and just signed a major project with Google, positioning it to scale for AI-driven power demand.
"Last week we announced our investment in a company called form energy which is doing gridscale batteries. That's a company. It was founded by the guy who ran the energy business a…"
62:22
$SEQUOIA
Sequoia Capital
HIGHdavid khan·TBPN·16 days ago·Some Personal Agent News, CharlestonAI Founder Joins, 10%, Mikey Shulman, Keith Rabois
Khan: AI infrastructure stack (server, steel, power) will see deep innovation beyond compute
The AI capex boom extends far beyond chips into industrial infrastructure (steel, power, grid-scale storage, nuclear) where companies need 5-9 years of R&D to build potential energy before kinetic release, creating fewer but deeper IP moats than the financing-driven neocloud model.
"Server, steel, and power are kind of the three pillars... deeper below the you know cusp of openthropic the frontier models is all the things that make them possible and I think t…"
59:16
$SPCX
···
SpaceX
HIGHdavid khan·TBPN·16 days ago·Some Personal Agent News, CharlestonAI Founder Joins, 10%, Mikey Shulman, Keith Rabois
Khan: SpaceX is bellwether for private-to-public AI company transitions
SpaceX's successful liquidity unlocks and stable secondary trading provide a template for how late-stage AI companies (Anthropic, OpenAI) will transition to public markets, with lockups and LP hold preferences creating extended liquidity timelines rather than a single binary event.
"SpaceX is the bellwether and it's not to your point, it's not going to be a one day event, but I think it's an exciting time that these companies are growing so so fast. I think t…"
58:20
$HUGGING-FACE
Hugging Face
HIGHdavid khan·TBPN·16 days ago·Some Personal Agent News, CharlestonAI Founder Joins, 10%, Mikey Shulman, Keith Rabois· position
Sequoia: Hugging Face's community-driven adoption creates option value at decacorn scale
Hugging Face's bottom-up developer adoption and massive community create enduring option value that justifies decacorn valuations, serving as a template for other AI infrastructure companies with similar dynamics.
"We were early investors in Hugging Face and I think there's always been this thesis on you have a big community and you have a lot of bottom-up adoption and that there's a lot of…"
56:05
9
Grid & Power Infrastructuretailwind
Khan: Grid-scale storage (Form Energy) and nuclear (Valar) are synchronized to AI power demand inflection
AI data center power demand creates a near-term pull for grid-scale batteries (Form Energy's iron-air, 9-year R&D, Google deal) and long-term pull for nuclear (Valar Atomics), both requiring deep IP and billion-dollar capital formation ability, unlike the financing-innovation neocloud model.
8
AI Infrastructuretailwind
Khan: AI capex expanding beyond chips into industrial infrastructure stack
The AI buildout requires three pillars — servers (chips), steel (industrial fabrication), and power (grid-scale generation/storage) — with the latter two demanding deep R&D (5-9 years) and massive capital before revenue, creating higher barriers but more durable moats than the neocloud financing model.