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Vercel CEO Guillermo Rauch says the blowback to his social media post about meeting with Israeli Prime Minister Benjamin Netanyahu hasn’t cost the startup any customers or employees, but he is sorry for anyone hurt by the situation. Rauch also speaks to “Bloomberg Tech” about the company’s latest fundraise at a $9.3 billion valuation. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGTygCwn55voYZ_LYyKjxokJ Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.com/technology Connect with us on... X: https://twitter.com/technology Facebook: https://www.facebook.com/BloombergTechnology Instagram: https://www.instagram.com/bloombergbusiness/ Follow Ed Ludlow on X here: https://twitter.com/EdLudlow Follow Caroline Hyde on X here: https://twitter.com/CarolineHydeTV Listen to the daily Bloomberg Technology podcast here: https://www.bloomberg.com/podcasts/series/bloomberg-technology More from Bloomberg Business Connect with us on... X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ TikTok: https://www.tiktok.com/@bloombergbusiness
Guillermo Rauch

Francisco Erramuspe
Interviewed: Guillermo Rauch
Gemma Let's just start with with the post on X and the meeting Sunday. In the comments there appear to be employees of the sale and customers who are reacting. Are you able to quantify for us what that reaction has been and sort of what your responses to it? So thanks for having me. Of course. And maybe just to get, you know, all of the noise out of the way. And I want to clearly acknowledge that the Post did cause quite a bit of pain.
I want to obviously say sorry to the well-meaning people, you know, people that really care about this topic, people that are hurt by the tension that exists in the world today, but obviously not sorry to the people that are just spewing hate and anti-Semitism and the people that have come after our team. So to your point, this has been a special time for our team and obviously our customers. It's a it's a very special time for the world. And maybe I'll give you a little bit of context for the meeting itself. Right.
As Brazil a leader in develop. I of course, we get invited to speak with world leaders about topics relevant to education, cybersecurity, A.I.. I will play a huge, huge part of it, of the of the future. Right. And so I always welcome the opportunity to speak with world leaders. Obviously, you know, the reaction to it and the optics matter a lot to us. And we're here for a team. We're here for our customers. There hasn't been material changes to
the business. A lot of it is noise. You know, there was it was an exposed with 5 million views from someone that allegedly quit the company. But guess what? We looked upside down and that person didn't work for herself. So it kind of also highlights a little bit of the challenges that we see with social media today. Guillermo, I'm grateful that you would come on the show. I think it's important to be honest with the audience. You were going to come on the show earlier in the week anyway. There was a lot of breaking news and we move things around. But just to be definitive, you haven't
had any employee resignations and you've not lost any business at all as a result. Host Yeah, there hasn't been any material change to the business. There has been impact to our community, by the way. And I, you know, I, I feel bad about that and our, our ethos of ourselves and, you know, maybe to tell a bit of more conscious about our company, we're all about open source. The reason that I'm here today is because I built a gigantic open source project. We work in public, we engage with the
community. We're always listening to feedback. We use that feedback to grow. We use that feedback to contribute directly to source code and make our products better. And this is the kind of things that, you know, world leaders are interested in, and this is why they reach out to us. And I welcome that. I don't endorse politicians. I do engage with world leaders and excited to continue our work and to continue to support our community, our customers, and most importantly, our team. We appreciate how open you've been about all of that, what must have been an anxious time. And I'm interested, therefore, about the
story of the cell more broadly, because you come on this show around the context that you have raised money, you are building this business. And I'm interested in particular of how many people wanted to be putting extra money to work in your business and what growth story you're telling them. Yeah, we've been around for a while building what we call the front end cloud. It's the best way to deploy websites and applications, and it's in the world of what I call pixels. You know, most applications had some kind of human centric user interface.
But ever since I will call it like catch you be the dominant type of application that enterprises and individuals want to create is what we call the agent, which is kind of like a digital coworker. So we announced that we're building the AI cloud for people listening. This is sort of like the voice of AI. And one of the goals of this cloud is that when when you're a developer or a company of any size, you can deploy these agents, make your business more efficient. It obviously caught the interest of the