Elad Gil identifies billion-dollar companies before anyone else—here's how he spots markets about to explode, why Korean memory fabs are throttling every AI lab, and the surprisingly contrarian moves that separate durable advantages from doomed startups. A technical deep dive into AI compute constraints, market entry versus disruption, and why founders should consider exiting in the next 12–18 months. Power laws dominate venture returns: 10 companies drive 80% of returns over two decades, making founder selection vastly more important than portfolio construction.