“We were looking through our traces and we saw tons and tons of traces that were just 'thank you.' And that costs you $40. Why is this happening? Somebody did a long-running task, let their agent go, it created some artifacts, very long conversation. They left for a day, came back. The cache was invalidated. They're happy with the results, so they say thank you and enter. That's a $40 charge. We're burning VC money.”

So let me tell you what we saw internally at Arena. At some point, we were looking at all our traces that are being done on our coding agents internally. By the way, we spend, we're like in the top, you know, less than 1% of businesses in terms of AI spend. We're spending thousands of dollars a month per employee on AI just to help us accelerate our workflow. That's why our sort of revenue to employee ratio is crazy off the charts because we're using a lot of agents internally to do our work. Now, what happened is that we were looking through our traces and we saw. These traces, tons and tons of traces that were like, thank you. And then that costs you $40. What? Why is this happening? It's because somebody did a long-running task. They let their agent go. It created some artifacts, blah, blah, blah. Very long conversation. They left for a day. They came back. The cash was invalidated. And they're happy with the results. So they say thank you and enter. And that's a $40 charge. Terrible. Terrible, terrible. We're burning money. We're burning VC money. Right? We shouldn't do that. What we should do is we should figure out which tokens are best spent on frontier models. You know, which tokens are…