Index
People
- Elon Musk 34
- Sam Altman 29
- Dario Amodei 27
- Harry Stebbings 18
- Jensen Huang 17
- Donald Trump 13
- Chamath Palihapitiya 13
- Jason Calacanis 11
- Mark Zuckerberg 11
- Jason Lemkin 10
- David Sacks 10
- David Friedberg 9
- Steve Jobs 8
- Andrej Karpathy 8
- Warren Buffett 8
- Lenny Rachitsky 7
- Elad Gil 7
- Marc Benioff 7
- Brad Gerstner 7
- Sarah Friar 7
- Peter Thiel 6
- Brian Chesky 6
- Marc Andreessen 6
- Bill Gurley 5
- Keith Rabois 5
- Sundar Pichai 5
- Dwarkesh Patel 5
- Sarah Guo 5
- Aaron Levie 5
- Tim Cook 5
- Adam Foroughi 5
- Patrick O'Shaughnessy 5
- Satya Nadella 5
- Jeff Bezos 5
- Andrew Feldman 5
- Rory 4
- Patrick O'Shaughnessy 4
- Greg Brockman 4
- Ilya Sutskever 4
- Mike Cannon-Brookes 4
- Xi Jinping 4
- Larry Ellison 4
- Gavin Baker 4
- Vinod Khosla 3
- Mark Andreessen 3
- Tom Brown 3
- Travis Kalanick 3
- Eric Glyman 3
- Ken Griffin 3
- Bernie Sanders 3
- Dylan Patel 3
- David Senra 3
- Mike Moritz 3
- Jack Altman 3
- Amjad Masad 3
- Leopold Aschenbrenner 3
- Paul Graham 3
- Jon Gray 3
- Bill Ackman 3
- Brett Taylor 3
- Brian Armstrong 3
- Daniel Dines 3
- Scott Bessent 3
- Mira Murati 3
- Krishna Rao 3
- Matthew Prince 3
- Alex Wang 2
- Daniela Amodei 2
- Ben Horowitz 2
- Sam Bankman-Fried 2
- Kamala Harris 2
- Conor McGregor 2
- Zohran Mamdani 2
- Denise Dresser 2
- Evan Spiegel 2
- Edwin Land 2
- Jack Dorsey 2
- Boris Cherny 2
- Simon Willison 2
- Tyler Cowen 2
- Kyle Vogt 2
- John Ternus 2
- Reed Hastings 2
- Joe Biden 2
- Cat Wu 2
- Giovanni (CTO of AppLovin) 2
- Sergey Brin 2
- Ted Cruz 2
- Margaret Thatcher 2
- Arnold Schwarzenegger 2
- Dan Loeb 2
- Reiner Pope 2
- Charlie Munger 2
- Rory Driscoll 2
- Andy Jassy 2
- Jeff Lawson 2
- Toby Lütke 2
- Kevin Hassett 2
- Scott Wapner 2
- Michael Dell 2
- Drew Houston 2
- Brett Victor 2
- Patrick Forquer 2
- Max Junestrand (Legora CEO) 2
- Jony Ive 2
- Sean (Cerebras co-founder) 2
- Eric Schmidt 2
- Vladimir Putin 2
- Andrew Fox (Atreides colleague) 2
- Michael Mauboussin 2
- Toby Lütke 2
- Rory O'Driscoll 2
- Benedict Evans 2
- Ben Graham 2
- Steve Schwarzman 2
- Kevin Warsh 2
- Barry Diller 2
- Howard Marks 2
- Peter Lynch 2
- Jamie Dimon 1
- Eric Simons 1
- Anj Midha 1
- Jared Kaplan 1
- Sam McAndlish 1
- Brook Byers 1
- Arthur Rock 1
- Bob Swanson 1
- Herb Boyer 1
- Mike Markkula 1
- Arthur Mensch 1
- Emmanuel Macron 1
- Brian Singerman 1
- Demis Hassabis 1
- Liam Doge 1
- Richard Feynman 1
- Lee Kuan Yew 1
- Vlad Tenev 1
- Jake Paul 1
- Logan Paul 1
- Josh Kushner 1
- Anthony Joshua 1
- Mike Tyson 1
- Michael Phelps 1
- Matt Steckman 1
- Eric Swalwell 1
- Peter Steinberger 1
- John Gray 1
- Mike Zawadzki 1
- Jonathan Ross 1
- Simon Edwards 1
- Sunny Madra 1
- Michael Jordan 1
- Steve Kerr 1
- Sanjay Mehrotra 1
- Bobby Murphy 1
- Robert Cornelius 1
- Scott Nolan 1
- Sean Parker 1
- Max Levchin 1
- Tony Xu 1
- David Sze 1
- Peter Fenton 1
- Alfred Lin 1
- Max Rhodes 1
- Jeff Collison 1
- Jeremy Stoppelman 1
- Bill McDermott 1
- David Kearns 1
- W. Edwards Deming 1
- Emerson Fullwood 1
- Max Mullen 1
- Ravi Gupta 1
- Shantanu Narayen 1
- Doug O'Laughlin 1
- Malcolm (bank economist) 1
- Jeremy (Semianalysis energy lead) 1
- Alex Karnal 1
- Sarah (Anthropic Docs) 1
- Alex (Anthropic PMM) 1
- Tarek (Anthropic DevRel) 1
- Lydia (Anthropic DevRel) 1
- Diane (Anthropic Research PM lead) 1
- Amal Dorai 1
- Nikhyl Singhal 1
- Philip Herzig 1
- Craig Billings 1
- Eli Gill 1
- Cathie (referenced as 'Kathy on your team') 1
- Neil Mater 1
- Sarah Fryar 1
- Matthew Yglesias 1
- Yvonne Gonzalez Rogers 1
- George Kurtz 1
- Nikesh Arora 1
- James Carville 1
- Steve Hilton 1
- David Cameron 1
- Gavin Newsom 1
- Jerry Brown 1
- Katie Porter 1
- Tom Steyer 1
- Javier Becerra 1
- Chad Bianco 1
- Pete Wilson 1
- Herb Morgan 1
- Michele Steeb 1
- Tom Wolfe 1
- Nick Shirley 1
- Lloyd Blankfein 1
- Kevin Hart 1
- Draymond Green 1
- Eric Brandon 1
- Stephen Levy 1
- Horace He 1
- Paul Tudor Jones 1
- Benjamin Graham 1
- Eli Tullis 1
- Bunker Hunt 1
- Eugene Lang 1
- Harry Reasoner 1
- Jay Powell 1
- Ronald Reagan 1
- Matt Schumer (essayist) 1
- David Wood (newsletter writer) 1
- Tuhin Srivastava 1
- Sarah Wang 1
- Amir (Baseten co-founder) 1
- Danny 1
- Samir 1
- Stephen Day 1
- Tarek Mansour 1
- Luana Lopes Lara 1
- Michael Seibel 1
- Christina Cacioppo (Vanta) 1
- Jeff Bandman 1
- Citrini 1
- Alex Karp 1
- Evan Armstrong 1
- Carl Icahn 1
- Byron Deeter 1
- Mark Carney 1
- John Collison 1
- Patrick Collison 1
- Thomas Sowell 1
- Friedrich List 1
- MacKenzie Scott 1
- Niki Lauda 1
- James Hunt 1
- Bernie Ecclestone 1
- Susie Wiles 1
- Andrew Ross Sorkin 1
- Karen Bass 1
- Spencer Pratt 1
- Shawn Maguire 1
- Zach Dell 1
- Joe Terranova 1
- Jim Labenthal 1
- Susan Lee 1
- Susan Dell 1
- Yvonne Lisa Su (AMD) 1
- Lip-Bu Tan (Intel) 1
- Michael Milken 1
- Raphael (Raph) 1
- Basel Shikin 1
- John Krystynak 1
- Harold Finn (KKR) 1
- Eduardo Vivas 1
- Joe Gebbia 1
- Nathan Blecharczyk 1
- Hiroki Asai 1
- Johnny Ive 1
- Walt Disney 1
- Vincent Van Gogh 1
- Leonardo Da Vinci 1
- Mozart 1
- Charles Eames 1
- Ray Eames 1
- Raymond Loewy 1
- Josiah Wedgwood 1
- Frank Lloyd Wright 1
- Paul Bukite 1
- Bill Walsh 1
- John Wooden 1
- Pablo Picasso 1
- Ansel Adams 1
- Rick Rubin 1
- Albert Einstein 1
- Barack Obama 1
- Max Schoening 1
- Brian Leven 1
- Eric Lou 1
- Geoffrey Litt 1
- Ivan Zhao 1
- Simon (Notion co-founder) 1
- Joanna Stern 1
- Catherine Wu 1
- Dieter Rams 1
- Frank Gehry 1
- Clayton Christensen 1
- Charles Petzold 1
- Ivan Illich 1
- James C. Scott 1
- Mitchell Hashimoto 1
- Marcus Aurelius 1
- Chris Rock 1
- MrBeast 1
- Fiji Simo 1
- Henry Schuck 1
- Leo (Legora EU GM) 1
- Chaan (Bessemer / Legora investor) 1
- Logan (Redpoint / Legora investor) 1
- Jude Law 1
- Aaron Judge 1
- Brian Walsh 1
- Matt Miller 1
- Carles (11 Labs CRO) 1
- Becca Lindquist (Clay) 1
- Stuart (Legora marketing lead) 1
- Felix (Legora funds attorney) 1
- Lulu (Legora revops lead) 1
- David (Legora CFO) 1
- Matt Fitzpatrick (Invisible) 1
- Shiv Rao 1
- Andy Weissman (USV) 1
- Henry Kravis 1
- Luis von Ahn 1
- Hamilton Helmer 1
- Ali Ghodsi (Databricks) 1
- Josh Wolfe (Lux) 1
- Susan Wojcicki 1
- Anne Wojcicki 1
- Janet Wojcicki 1
- Dennis Troper 1
- Tony Robbins 1
- Brian Sikes 1
- Kelly Ortberg 1
- Cristiano Amon 1
- Neil Ferguson 1
- Graham Allison 1
- Charles Koch 1
- Chase Koch 1
- Fred Koch (father) 1
- David Koch (brother) 1
- Joe Mohler 1
- Sterling Varner 1
- Jared Benson 1
- Frederick Douglass 1
- Viktor Frankl 1
- Abraham Maslow 1
- Friedrich von Hayek 1
- Michael Polanyi 1
- Joseph Schumpeter 1
- Milton Friedman 1
- Aristotle 1
- Joe Lamont 1
- Sal Khan 1
- Martin Luther King III 1
- Brian Hooks 1
- Scott Strode 1
- Javier Milei 1
- Josh Brown 1
- Malcolm Etheridge 1
- Bill Baruch 1
- Bob (Cerebras co-founder) 1
- JP (Cerebras co-founder) 1
- Michael (Cerebras co-founder) 1
- Jim Chanos 1
- Ed Yardeni 1
- Orlando Bravo 1
- Tom Brady 1
- Christina Partsenovelos 1
- Dana White 1
- Lorenzo Fertitta 1
- Frank Fertitta III 1
- Joe Rogan 1
- Bob Iger (ESPN) 1
- Phil Doomman (ex-Spike/Viacom exec) 1
- Bonnar / Forrest Griffin / Chuck Liddell (UFC fighters) 1
- Khabib Nurmagomedov 1
- Tony Ferguson 1
- Jose Aldo 1
- Tahnoun bin Zayed Al Nahyan (Sheikh) 1
- Shannon Lee 1
- Bruce Lee 1
- Mark Burnett 1
- Todd Graves (Raising Cane's) 1
- Brian Halligan (HubSpot) 1
- Eric Ries 1
- Saul Price 1
- Yvon Chouinard 1
- Marie Krogh 1
- August Krogh 1
- Todd Park 1
- Howard Schultz 1
- Andrew Mason 1
- Larry Page 1
- Frederick Winslow Taylor 1
- Mary Parker Follett 1
- Peter Drucker 1
- Clay Christensen 1
- Martin Shkreli 1
- Jacob Helberg 1
- Howard Lutnick 1
- Marco Rubio 1
- Doug Burgum 1
- Allison Graham 1
- Rory Stirling 1
- Andrew Bialecki (Klaviyo CEO) 1
- Michael Cannon-Brookes (Atlassian) 1
- Yuri Milner (DST) 1
- Josh Browder 1
- Adam Guild (Owner.com) 1
- John Andrew (Wonder) 1
- Aran (Monday.com CEO) 1
- Winston (Harvey CEO) 1
- Max (Legora CEO) 1
- McAuley Culkin (analogy) 1
- Tucker Carlson 1
- Sham Sankar (Palantir CTO) 1
- Andrew Karpathy 1
- Felicia Horowitz 1
- Nick Aurora 1
- Michael Burry 1
- Michael Intrater (CoreWeave CEO) 1
- Renee Girard 1
- Jeff Dean 1
- Amit Singhal 1
- Sridhar Ramaswamy 1
- Mike Gunter (MatX co-founder) 1
- Clark (Jane Street FPGA engineer) 1
- Ron Minsky (Jane Street) 1
- Dan Pontecorvo (Jane Street) 1
- Jamon Ball (Altimeter) 1
- Antonio (Gavin's friend) 1
- Morris Chang (TSMC) 1
- George Vanderhiden (late Fidelity PM) 1
- Jennifer Urick (Fidelity) 1
- Richard Sutton 1
- Carlota Perez 1
- Peng (G42 CEO) 1
- Sheikh Tahnoun (G42 Chairman) 1
- Gene Amdahl 1
- Ali (likely Ali Ghodsi, Databricks) 1
- Kathy Sierra 1
- Karl Popper 1
- Alan Turing 1
- Scott Wu 1
- Brendan Foody 1
- Adarsh 1
- Surya 1
- Mark Benioff 1
- Edward Hu 1
- Edwin (Surge AI) 1
- David Tepper 1
- Eric Mindich 1
- Jesse Livermore 1
- Ross Ulbricht 1
- Charlie Kirk 1
- Thomas Laffont 1
- Ron Baron 1
- Ryan Cohen 1
- Pauline Yang 1
- Sara Eisen 1
- Daniel Gross 1
- Joe Barada 1
- Martin Brand 1
- Jas Kara 1
- Nick Powell 1
- Vern Perry 1
- Alex Imas 1
- Phil Trammell 1
- David Ricardo 1
- Andy Atkinson 1
- Chad Jones 1
- Molly Kinder 1
- David Autor 1
- Dara Khosrowshahi 1
- Daniel Ek 1
- Herbert Allen 1
- Ron Sugar 1
- Andrew McDonald 1
- Tony West 1
- Steven Sinofsky 1
- Larry Tesler 1
- swyx 1
- Mustafa Suleyman 1
- Kevin Scott 1
- Clark Tang 1
- Noam Brown 1
- Amjad Massad 1
- Freda 1
- Alan Greenspan 1
- Nassim Taleb 1
- Ed 1
- Scott 1
- Aaron Cowen 1
- Dan Dreyfus 1
- Oleg Nodelman 1
- Kyle Samani 1
- Sam Zell 1
- Stan Druckenmiller 1
- Steve Cohen 1
- George Soros 1
- Mike Horton 1
- Howie Lerner 1
- Ben Thompson 1
- Greg Eisenberg 1
- Josh Kopelman 1
- Arvind Srinivas 1
- Jack Forehead 1
- Matt Zigler 1
- Cameron Dawson 1
- Kai Wu 1
- Dave Nadig 1
- Jim Paulsen 1
- Jeremy Grantham 1
- Savita Subramanian 1
- Nigel Tupper 1
- Adam Butler 1
- Alex Sacerdote 1
- Linus Torvalds 1
- Philip Fisher 1
- Andy Grove 1
- Horace Dediu 1
- Sean McGuire 1
- Konstantin 1
- Shane Parrish 1
- Burton Malkiel 1
- Mike Mauboussin 1
- Bill Miller 1
- Larry Fink 1
- Yann LeCun 1
- John Doerr 1
- Matt Cohler 1
- Arthur Brooks 1
- Tony Fadell 1
- Herman Hauser 1
- Dave Chappelle 1
- Spike Jonze 1
- Luke Gromen 1
- Scott Bessant 1
- Jerome Powell 1
- Janet Yellen 1
- Christopher Waller 1
- Jeff Currie 1
- Felix Jauvin 1
- Sarah Paine 1
- Kim Jong Un 1
- Alfred Thayer Mahan 1
- Halford Mackinder 1
- Nicholas Spykman 1
- Deng Xiaoping 1
- Sun Tzu 1
- Malcolm McLean 1
- Hugo Grotius 1
- Napoleon Bonaparte 1
- Carl von Clausewitz 1
Companies
- Anthropic 59
- OpenAI 54
- Nvidia 39
- Google 27
- Cursor 23
- SpaceX 23
- Meta 21
- Salesforce 21
- Apple 20
- Amazon 16
- Microsoft 16
- Tesla 14
- Cerebras 14
- Stripe 13
- Ramp 12
- Uber 12
- Replit 11
- Broadcom 11
- xAI 10
- Lovable 9
- AMD 9
- TSMC 9
- SK Hynix 9
- Palantir 9
- CoreWeave 9
- AWS 8
- Micron 8
- Vanta 8
- Databricks 8
- ServiceNow 7
- Samsung 7
- Airbnb 7
- Cloudflare 7
- Harvey 7
- Snowflake 7
- HubSpot 6
- Blackstone 6
- Costco 6
- Intel 6
- Y Combinator 6
- Starlink 6
- ASML 5
- Sierra 5
- Cognition 5
- Eli Lilly 5
- AppLovin 5
- Shopify 5
- WorkOS 5
- DeepSeek 5
- Atlassian 5
- Twilio 5
- Oracle 5
- Claude Code 4
- Figma 4
- Mistral 4
- Azure 4
- Robinhood 4
- Polymarket 4
- Perplexity 4
- Gemini 4
- Walmart 4
- Groq 4
- Founders Fund 4
- LinkedIn 4
- Coinbase 4
- Altimeter Capital 4
- Workday 4
- 11 Labs 4
- Cisco 4
- Clay 4
- xAI / Grok 4
- Google Cloud 4
- Google (Gemini) 4
- Legora 4
- Benchmark 4
- a16z 3
- Decagon 3
- Anduril 3
- DoorDash 3
- Facebook 3
- Boeing 3
- Ridgeline 3
- Sequoia 3
- Adobe 3
- Canva 3
- Jane Street 3
- KKR 3
- Vercel 3
- Berkshire Hathaway 3
- Goldman Sachs 3
- Amazon / AWS 3
- Datadog 3
- Microsoft Azure 3
- Arm 3
- Brex 3
- Klaviyo 3
- Visa 3
- MasterCard 3
- Alibaba 3
- Stargate (UAE) 3
- Netflix 3
- BlackRock 3
- Waymo 3
- Trainium 2
- IBM 2
- Wix 2
- Huawei 2
- ElevenLabs 2
- Flock Safety 2
- Thrive Capital 2
- TJ Maxx 2
- Google (TPU) 2
- Snapchat 2
- Snap 2
- Polaroid 2
- Intuit 2
- Deel 2
- Square 2
- Khosla Ventures 2
- SAP 2
- Whole Foods 2
- Intercom 2
- Box 2
- John Deere 2
- Caterpillar 2
- Andreessen Horowitz 2
- Optimus 2
- Grok 2
- Citadel 2
- Novo Nordisk 2
- Thoma Bravo 2
- Marketo 2
- ByteDance 2
- Lilly 2
- Bayer 2
- Monsanto 2
- CrowdStrike 2
- Palo Alto Networks 2
- Stanford 2
- AOL 2
- Abridge 2
- Federal Reserve 2
- Rogo 2
- Saster 2
- Amazon Web Services 2
- Disney 2
- Paramount 2
- Open AI 2
- Notion 2
- GitHub 2
- Slack 2
- Dropbox 2
- SpaceX / Colossus 2
- Monday.com 2
- Bessemer 2
- General Catalyst 2
- McKinsey 2
- Cargill 2
- SanDisk 2
- Corning 2
- Morgan Stanley 2
- MGM Resorts 2
- Devoted Health 2
- Nebius 2
- Google / Gemini / TPU 2
- Meta / MSL / Muse 2
- Atreides Management 2
- Coatue (Cotu) 2
- Astera Labs 2
- Saudi Aramco (comp) 2
- GE Vernova 2
- BlackBerry 2
- GoDaddy 2
- Mercor 2
- Revolut 2
- Nubank 2
- 8090 1
- Superintelligence Labs 1
- Bolt 1
- Calai 1
- MyFitnessPal 1
- Supabase 1
- AMP 1
- Periodic Labs 1
- Black Forest Labs 1
- Sesame 1
- DeepMind 1
- Genentech 1
- Kleiner Perkins 1
- Ubiquiti 6 1
- CMA CGM 1
- Antifund 1
- Chronosphere 1
- Better 1
- Lyft 1
- B-cred 1
- B-REIT 1
- Medallion 1
- Lumentum 1
- Coherent 1
- Cadence 1
- Synopsys 1
- Amazon (Trainium) 1
- OCI 1
- Crusoe 1
- Looksery 1
- Lens Studio 1
- Abraxas Bioscience 1
- Crossroads School for Arts and Sciences 1
- General Matter 1
- Spotify 1
- Napster 1
- Boring Company 1
- Westinghouse 1
- PayPal 1
- Opendoor 1
- Faire 1
- Yelp 1
- Claude (product) 1
- Xerox 1
- Instacart 1
- Webvan 1
- Trader Joe's 1
- Kroger 1
- Sprouts 1
- Bi-Rite 1
- Rainbow Grocery 1
- Safeway 1
- Bot 1
- base44 1
- Codeacademy 1
- Wiz 1
- WhatsApp 1
- JPMorgan 1
- Colossus (SpaceX datacenter) 1
- Moonshot (Kimi K2) 1
- Semianalysis 1
- Codex 1
- Lilly Direct 1
- Hims and Hers 1
- cowork (Anthropic) 1
- OpenClaude 1
- Mythos 1
- Credit Karma 1
- Skip Community 1
- Skip Coach 1
- Joule (SAP product) 1
- Concur 1
- Medallia 1
- Manus 1
- Monday 1
- Outreach 1
- Salesloft 1
- JIRA 1
- Confluence 1
- TikTok 1
- Instagram 1
- Wynn 1
- PocketOS 1
- Railway 1
- Three Mile Island 1
- Hoover Institution 1
- California Air Resources Board (CARB) 1
- California Department of Geologic and Energy Management (CalGEM) 1
- California Department of Government Efficiency (CalDOGE) 1
- Golden Together 1
- Ancestry 1
- B-CRED (Blackstone Private Credit Fund) 1
- BREIT 1
- Toys R Us 1
- Kmart 1
- Maddox 1
- Character AI 1
- BBI / Tudor Investment Corporation 1
- Robin Hood Foundation 1
- Bed-Stuy Charter School of Excellence 1
- Long-Term Capital Management 1
- EF Hutton 1
- Baseten 1
- Parsed 1
- Open Evidence 1
- Writer 1
- Gamma 1
- Latent Health 1
- Moonshot 1
- Canopy 1
- Orpheus 1
- Meta (Llama) 1
- Brain Trust 1
- Kalshi 1
- CFTC 1
- Bridgewater 1
- Two Sigma 1
- Alphabet / Google 1
- NS8 1
- Digital Ocean 1
- Zoom 1
- Rippling 1
- Greenoaks (GV) 1
- Tiger Global 1
- Salesforce Ventures 1
- SpaceX / Starlink 1
- UiPath 1
- Mercedes F1 1
- Canada Goose 1
- Lululemon 1
- IBM (historical) 1
- Ghosty 1
- Colossus / Macrohard / Macroharder 1
- Span / PY Homes (smart-panel data centre adjacent) 1
- Base Power 1
- Google / Alphabet 1
- TPU (Google) 1
- Trump Accounts 1
- Axon (advertising model) 1
- Orient Hontai Capital 1
- Triple Dot 1
- Facebook / Meta 1
- AdMob (acquired by Google 2008) 1
- People Fun (acquired studio) 1
- Adjust (analytics) 1
- Wurl (CTV) 1
- Candy Crush / King 1
- Clash of Clans / Supercell 1
- Tinder 1
- Pinterest 1
- Snap / Snapchat 1
- Pixar 1
- Warner Brothers 1
- MGM 1
- Hermes 1
- Zara 1
- Nike 1
- Reebok 1
- Heroku 1
- Ink & Switch 1
- Ghosty (terminal) 1
- Moshi 1
- Corne (open-source keyboard) 1
- Civivi (pocket knife) 1
- Conductor 1
- ZoomInfo 1
- Bill.com 1
- Lime 1
- Finn 1
- Gorgias 1
- Tavus 1
- Rubric 1
- Foundation Capital 1
- Eclipse 1
- Braze 1
- Redpoint 1
- Iconic 1
- Airwallex 1
- Gong 1
- Whisper Flow 1
- Linklaters 1
- Devoid (presumably Dentons / global law firm) 1
- EY 1
- Air Tree 1
- Union Square Ventures 1
- Whittington Ventures 1
- Pillar 1
- Microsoft / Nuance ($20B acquisition) 1
- Nabla 1
- Epic 1
- Lux Capital 1
- Carnegie Mellon 1
- Pittsburgh 1
- Qualcomm 1
- BYD 1
- Informatica 1
- Thinking Machines 1
- Neuralink 1
- Plaud 1
- Mythos team 1
- Wojcicki family foundation 1
- Pledge 1% 1
- Koch Industries 1
- Koch Engineering 1
- Koch Disruptive Technologies 1
- Koch Labs 1
- Koch Fertilizer 1
- Georgia-Pacific 1
- Molex 1
- Climate Corp 1
- Insight Tech 1
- Pine Bend Refinery (Minnesota) 1
- Stand Together 1
- Vela Fund 1
- Alpha School 1
- Khan Academy 1
- The Phoenix (Scott Strode) 1
- Walton Family Foundation 1
- Cosmos Institute 1
- Alphabet 1
- ClickHouse 1
- Taiwan Semiconductor (TSMC) 1
- Dominion Energy 1
- UBS 1
- Cantor Fitzgerald 1
- UFC 1
- Spike TV (Nashville Network) 1
- Fox 1
- ESPN 1
- Lionsgate 1
- Viacom / CBS 1
- WWE 1
- Las Vegas Cox Pavilion / Thomas & Mack Center 1
- Madison Square Garden / Brooklyn 1
- Yas Island (UAE) 1
- Power Slap 1
- UFC BJJ 1
- PBR 1
- Slap League 1
- Nitro Circus 1
- Raising Cane's 1
- Halaland's HubSpot 1
- Amazon Web Services / Annapurna Labs / Trainium 1
- Patagonia 1
- Vectura 1
- Philip Morris 1
- Zeiss 1
- Cohere 1
- Groupon 1
- Starbucks 1
- John Lewis Partnership 1
- Mondragon 1
- Vital Farms 1
- HEB 1
- Johnson & Johnson 1
- Unilever 1
- Virgil (law firm) 1
- Halliburton 1
- State Department 1
- Hudson Institute 1
- Philippines (host) 1
- Singapore (autonomous-ports example) 1
- Belt and Road Initiative 1
- xAI / Grok / Colossus 1
- Marvell Semiconductor 1
- Zanker 1
- Standard Chartered 1
- GameStop (analogy) 1
- DST 1
- DoNotPay 1
- Browder Capital 1
- Owner.com 1
- Micro One 1
- Yuzu 1
- Wonder 1
- Block (Square) 1
- 4Runner 1
- Hummingbird Ventures 1
- Whymo 1
- Cyber Cab 1
- Rogo / Felix 1
- Exite Labs (SpaceX chip vendor) 1
- Abacus 1
- MatX 1
- Tenstorrent 1
- Amazon / AWS / Trainium 1
- TerraFab (SpaceX/Tesla JV) 1
- KLA Tencor 1
- Lam Research 1
- Applied Materials 1
- Boom Aerospace 1
- Wayfair 1
- Fireworks 1
- Apollo 1
- Koatue (Cotu) 1
- G42 1
- Argonne National Labs 1
- Lawrence Livermore 1
- Sandia 1
- European Parallel Computing Center (LRZ) 1
- Devin 1
- Windsurf 1
- Blockbuster 1
- xAI / Colossus 1
- Botco (humanoid robotics) 1
- Collective (Shopify manufacturer marketplace) 1
- alo yoga 1
- Okta 1
- Kirkland & Ellis 1
- Menlo Ventures 1
- Surge AI 1
- Scale AI 1
- Felicis 1
- Third Point 1
- Enphase 1
- Upstart 1
- NVR 1
- Nestle 1
- Atom Computing 1
- Jefferies 1
- Warburg Pincus 1
- Texas Instruments 1
- Pershing Square 1
- Howard Hughes Corporation 1
- General Growth 1
- Blue Origin 1
- SoftBank 1
- Thermo Fisher 1
- Sequoia Capital 1
- Dragoneer 1
- Green Oaks 1
- BXDC 1
- BXCI 1
- BXN1 1
- Google DeepMind 1
- Epoch 1
- Nuro 1
- Lucid 1
- Wayve 1
- Pony.ai 1
- Zoox 1
- Santander 1
- Expedia 1
- Joby 1
- Zipline 1
- Accenture 1
- Power BI 1
- Microsoft 365 1
- Atreides 1
- Altimeter 1
- MediaTek 1
- Oaktree Capital Management 1
- Citibank 1
- TCW Group 1
- Serretta Capital 1
- Caesars 1
- Talon Energy 1
- Constellation Energy 1
- Actis Oncology (AKTS) 1
- EcoR1 Capital 1
- Bristol Myers Squibb 1
- Novartis 1
- Geodnet (GEOD) 1
- Multicoin Capital 1
- Solana 1
- DJI 1
- TomTom 1
- Trimble 1
- Hexagon 1
- Topcon 1
- Wynn Resorts 1
- Chime 1
- Suno 1
- Bending Spoons 1
- Evernote 1
- Vimeo 1
- WeTransfer 1
- Eventbrite 1
- Ontario Teachers' Pension Plan 1
- NASDAQ 1
- S&P Dow Jones Indices 1
- Russell 1
- MSCI 1
- FTSE 1
- Merrill Lynch 1
- Whale Rock 1
- Adyen 1
- Celestica 1
- Elite Materials 1
- Delta 1
- Advanced Energy 1
- Siemens 1
- Mitsubishi 1
- ChatGPT 1
- Moody's 1
- ISS 1
- Glass Lewis 1
- Legg Mason 1
- First Boston 1
- Santa Fe Institute 1
- Tencent 1
- Nest 1
- Build Collective 1
- General Magic 1
- Symbry Robotics 1
- Orionis 1
- Humane 1
- Acorn Computer 1
- Netscape 1
- Flighty 1
- Ring 1
- Forest for the Trees (FFTT) 1
- US Treasury 1
- Blockworks 1
- OPEC 1
- PBOC 1
- CIPS 1
- US Naval War College 1
- International Organization for Standardization (ISO) 1
- United Nations 1
- IMF 1
- NATO 1
- World Trade Organization 1
- European Union 1
Ideas
- Behind-the-meter data centres 2
- No apps in the future — only agents 2
- Karpathy joins Anthropic for recursive self-improvement pre-training 2
- AI capex sustainability 2
- Mythos cyber agent 1
- Rifle vs machine gun (WWI security metaphor) 1
- 60% solution death spiral 1
- Revenue reacceleration as the valuation test 1
- Boy-who-cries-wolf fatigue 1
- Elon discount rate 1
- Sell SaaS buy semis 1
- Value trap for incumbent SaaS 1
- Four bottlenecks of AI (compute, context, capital, culture) 1
- Iron dome for inference 1
- Sovereign AI 1
- US Cloud Act 1
- AMP grid / Independent System Operator for compute 1
- Back-to-the-future VC (Arthur Rock model) 1
- Optimal competition 1
- Frontier systems (not 'foundation model') 1
- Adversarial distillation 1
- Public Benefit Corporation as governance 1
- Bitter Lesson in material science 1
- GPU wastage bubble 1
- Compute fungibility / standardisation 1
- Attention > capital 1
- Founder-president 1
- Public-markets VC fund 1
- AI and sport defensibility 1
- Creator-economy investing 1
- Democratic governance of wartime tech 1
- Pied-à-terre tax 1
- London-style hollowing 1
- Land banking as cities-killer 1
- Network effects of compute/data 1
- Flippening of Anthropic > OpenAI in secondaries 1
- OpenAI identity crisis 1
- Codex for long-horizon tasks 1
- Political dog-whistle risk after firebombings 1
- Private credit as disintermediation 1
- Liquidity premium 1
- Non-bank lending growth 1
- Debt-service coverage ratio 1
- Senior-secured software lending 1
- Redemption caps as investor protection 1
- AI capex as macro catalyst 1
- Software disruption as portfolio risk (but not as bad as feared) 1
- Inference vs training silicon architecture 1
- NVLink Fusion 1
- Tensor Processing Unit (TPU) 1
- Back the technical founder 1
- Org charts as vestigial bureaucracy 1
- A-teams over A-players 1
- Iron sharpens iron 1
- Seven years of darkness before product-market fit 1
- High-agency self-directed people 1
- Electrons to tokens transformation 1
- 5-layer AI stack ecosystem 1
- CUDA programmability as algorithmic-invention moat 1
- Tokens per watt as data-centre revenue metric 1
- ASIC narrative = 100% Anthropic exception 1
- Bottleneck swarming (CoAS, HBM, EUV) 1
- Energy policy as the only permanent constraint 1
- Supply-chain-as-education 1
- Hopper-to-Blackwell 50x energy efficiency 1
- Titan accelerator (OpenAI custom silicon) 1
- Broadcom-mediated ASIC margins 1
- Technology that enhances humanity vs eliminates it 1
- Alien-perspective framing 1
- Software has no moat 1
- Ecosystem moats (network effects + developer platforms) 1
- Best-friend-not-scale theory of network value 1
- Lens Studio augmented-reality developer platform 1
- Stories as response to permanent feed judgment 1
- Design-idea volume 1
- AI as monopolist-resource-leveller 1
- Vision-as-literal founder heuristic 1
- Gen 1-5 camera-glasses roadmap 1
- Cost-plus industries ripe for disruption 1
- Avoid competition on two axes (company and investor) 1
- Orthogonal thinking / layered abstraction 1
- Vertical integration in hardware 1
- Baseload reliability 1
- Energy per capita as GDP proxy 1
- Advanced reactor taxonomy (gigawatt / SMR / microreactor) 1
- Bring Your Own Energy (BYOE) 1
- Speed to power 1
- US uranium enrichment gap 1
- Pellet density as nuclear first-principles advantage 1
- Team as the company 1
- Undiscovered-talent thesis 1
- Ruthless referencing (20 refs) 1
- 30-day hiring retrospective 1
- Barrels and Ammunition 1
- Relentless application of force 1
- Criticality inversion (critical when winning) 1
- PM role obsolescence 1
- Chef-mode role convergence 1
- CMO as biggest LLM user 1
- AI as second team for managers 1
- Design-code merger 1
- No-days-off ethos 1
- iPad-first computing 1
- SaaS apocalypse rebuttal 1
- 10x cost to replicate a platform via LLM alone 1
- Platforms close cases, LLMs suggest steps 1
- Enterprise-software error tolerance 1
- Agentic-business blueprint 1
- Coachable agency 1
- Battle-for-survival interview mindset 1
- EQ from repetition (500 customers/day) 1
- AI serves people 1
- Stores as warehouses 1
- Shoppers as the supply-side unlock 1
- PMF as a spectrum 1
- Founder-as-support-line 1
- Trader Joe's catalog-hack 1
- Post-order referral timing 1
- Arming the rebels (Whole Foods reaction) 1
- Antifragile company 1
- Own a slice of the P&L 1
- Keep the main thing the main thing 1
- Uncomfortable-now consensus-later 1
- Dirty-white-sneakers test 1
- Coding-model plateau 1
- Society of Models 1
- Agent labs (vs AI labs) 1
- Optionality > model commitment 1
- Premature optimisation of margins 1
- Inference as sales and marketing 1
- Operations teams as next ICP 1
- AI oligopoly collusion risk 1
- National open-source consortium 1
- Creative addiction (vs social-media addiction) 1
- ICP migration (product → operations) 1
- AI as augmentation, not replacement 1
- More lawyers/engineers thesis 1
- Agent operator role (500k-1m new jobs) 1
- Workflow redesigned for agents 1
- API + business-logic moat 1
- Two-by-two for SaaS futures 1
- Tokens migrating from IT to OPEX 1
- Mythos-as-leapfrog defensive cycle 1
- Unstructured data explosion 1
- Tech as 8-12% of GDP 1
- 100x-revenue stock as M&A currency 1
- $60B private acquisition record 1
- Year-4-to-5 founder fatigue 1
- Defensive Big Tech M&A 1
- AI-fatigue CEO retirement wave 1
- Vertical integration of compute + model + product 1
- Claude Design (Figma/Adobe/Canva attack) 1
- $1TN Anthropic secondary market 1
- Overton window expansion in M&A pricing 1
- Late-stage growth fund return profile (Thrive) 1
- High-water mark for private M&A 1
- Composer 2 (Cursor in-house model) 1
- $2T multiple as M&A currency 1
- IDE as the AI-era control layer 1
- Agent sprawl inside enterprises 1
- Token-spend rationalisation middleware 1
- Cyber as the white-hot subcategory 1
- Mythos as too-expensive-to-serve frontier 1
- XAI rebuild thesis 1
- AI-powered hackers as CISO priority 1
- Polymarket as consensus mechanism for deal closure 1
- 99% inference cost drop in 2.5 years 1
- Lithography hitting limits 1
- Wafer-scale (Cerebras pizza-box) chips 1
- MVFP4 quantisation 1
- 10T-parameter model trajectory 1
- H100 price-rise paradox 1
- Cost-per-token vs cost-per-intelligence 1
- Phantom GDP 1
- Token-arbitrage as business model 1
- 28% of payroll on AI 1
- Anthropic margin floor 72% 1
- Mythos as biggest capability step in 2 years 1
- Opus 4.7 as deliberately weakened public release 1
- Enterprise pay-per-token > consumer subscription 1
- GPT-4-class cost collapse (1/600x) 1
- Solo-analyst replacing 100-200 person teams 1
- Energy-data-services commoditisation 1
- The Health Stack (5 layers) 1
- Tolerability over weight-loss-maximisation 1
- Direct-to-consumer pharma distribution 1
- Compounded GLP-1 price elasticity 1
- Anti-amyloid medicines 1
- PCSK9 inhibitors 1
- Statins 1
- Pre-diabetic → diabetic 94% reduction 1
- Lifespan inflection thesis 1
- Trillion-dollar health revolution 1
- Inflammatory health driven by ultra-processed food 1
- Lifestyle bundle (lipid + cardiometabolic + neurocognitive + inflammatory + BP) 1
- AGI-pilled vs present-model-pilled calibration 1
- Timeline collapse 6mo → 1mo → 1day 1
- Research Preview as default branding 1
- Evergreen launch room 1
- Engineers with product taste as the scarce hire 1
- Eliminate process, not add it 1
- Team principles doc as decision-enabling artefact 1
- Roles merging (eng/PM/design) 1
- Source-code-leak as human-process failure 1
- Subscription compute as a finite resource 1
- Information-mover PM (dying) 1
- Judgment + builder PM (renaissance) 1
- Most open PM roles in 3+ years 1
- Shed 30k, hire 8k AI-first 1
- 10-100x product change frequency 1
- Mid-career velocity stress 1
- Feed-the-LLM-at-night discipline 1
- Chief-of-staff apps 1
- End of bad software 1
- ZIRP-era responsibility-without-authority 1
- AI as business-model transition 1
- Generative UI 1
- Outcome-as-a-Service 1
- Service-as-a-Software 1
- Three-layer re-engineering (UI, process, data) 1
- RAG-at-scale problem 1
- MCP composition at 20,000 APIs 1
- Master-data coupling for personalised correctness 1
- Test-driven development comeback 1
- Eval-first agent engineering 1
- LLMs insufficient for predictive analytics 1
- $45B Anthropic raise still compute-short 1
- OpenAI missing both revenue and user-growth numbers 1
- Medallia handed to creditors ($5.1B equity wiped) 1
- Three-bucket SaaS framework (melting iceberg / system-of-record / agent-using) 1
- Agent-as-buyer thesis 1
- Agents pick the LLM, not humans 1
- Agent-revenue authenticity as the new analyst test 1
- China blocks cross-border AI M&A (Manus) 1
- Canva agent-bypass risk 1
- Workday's 8-year-contract masking of churn 1
- AppLovin 92% drawdown then ~80x recovery 1
- Axon 2 modern recommendation system rebuild 1
- $10M EBITDA per employee at 400-person core 1
- 84% EBITDA margins 1
- 40-50% layoffs in triple-digit growth year 1
- Eliminating CMO/COO/CRO/CHRO entirely 1
- 80-90% of code AI-generated 1
- Claude Code as the dominant coding agent 1
- No product managers — engineers as PMs 1
- Cash flow minus SBC as the only honest metric 1
- SaaS apocalypse 'is not done' 1
- Buyback targeting forced-seller cap-table overhang 1
- Token-budget leaderboards as the wrong KPI 1
- Compute-as-talent-currency is space-dependent 1
- Founders shouldn't angel invest 1
- Connected TV performance ads as $1T unlock 1
- Bloated culture cannot reverse without firing 99% 1
- OpenAI missing user + revenue targets 1
- GPT-5.5 + Spud base model competitive resurgence 1
- Opus 4.7 reportedly compute-gated and underwhelming 1
- Power-not-compute as binding constraint 1
- 40% of announced GW gets cancelled 1
- Hyperscalers extracting equity from labs for capacity 1
- $725B 2026 hyperscaler CapEx 1
- Amazon FCF -97% QoQ 1
- MS Three Mile Island deal at 2x spot energy 1
- Cisco-2000 analogy fails (no dark GPUs) 1
- AI = 75% of US GDP growth 1
- AI cyber upgrade cycle (CrowdStrike/Palo Alto wave) 1
- Mythos-grade cyber commoditising in ~6 months 1
- Greg Brockman diary as discovery-maxing smoking gun 1
- Vibe-coding deletes prod database in 9 seconds (PocketOS) 1
- Aaron Levie 'don't make me vibe-code' counter-thesis 1
- BCG rule of three (4:2:1 share) applied to AI markets 1
- Retatrutide phase-3 (triple agonist) 1
- MIT pruning paper — 10x inference per energy unit 1
- Verticalised small language models as energy offset 1
- 0% state income tax under $100k + 7.5% flat tax above 1
- $425B of California fraud/waste/abuse over 5 years (~20% of budget) 1
- California unemployment + poverty rates highest in US 1
- Billionaire's tax as Silicon Valley exodus catalyst 1
- 80% of CA oil imported (top source Iraq) 1
- 40 → 7 California refineries 1
- 12-mile offshore CARB emission boundary 1
- CalGEM permit-denial as throttling mechanism 1
- Phonics + third-grade-reading-gate as Mississippi reform 1
- Per-school per-teacher public grading 1
- Prison capacity 165k → 93k as crime driver 1
- Grants Pass v Oregon 2024 removing homeless-encampment legal cover 1
- Sober Housing Act veto (Newsom) 1
- Medicaid IMD 16-bed-cap rule + IMD waiver 1
- Trump-style multiracial working-class coalition CA play 1
- Top-two primary path 5.9M votes / Trump 6.1M in 2024 1
- Q1 2026 +25% distributable earnings 1
- $70B Q1 raise including near-record institutional private credit 1
- 8 of 10 best Q1 deals in data centres / LNG / battery storage 1
- Portfolio LLM spend +15x YoY 1
- Sora shutdown as compute-scarcity proof point 1
- Compute / power / chip shortage as binding constraint 1
- Semi-liquid fund disclosure framework 1
- B-CRED 60% premium over leveraged loan market 1
- Marks-vs-transaction-prints credibility check 1
- Property sales at premium to marks ($38B) 1
- AI productivity diffusion gradient between firm types 1
- Blackstone signing 6 GW of data centre leases in 2026 1
- $300B of single-firm AI infrastructure spend 1
- Q1 PE portfolio +10% revenue growth 1
- Year of the IPO (9 BX companies on file) 1
- Private credit institutional fundraising near-record despite hype 1
- Software bucket discrimination (systems of record vs commodity) 1
- 60% equity cushion in PE loans = senior-debt protection 1
- Hard-assets thesis (warehouses, hospitality, grocery-anchored retail) 1
- Watchwords: stay calm, stay positive, never give up 1
- Work ethic + stamina as a level of desire, not a gift 1
- Repetition + focus over thousands of hours 1
- Honesty as the foundation of taste 1
- Taste as the foundation of success 1
- The Elon-Jobs useful+good intersection 1
- The Eric Brandon 22-year-old advice 1
- Harvard/Stanford resilience trap 1
- Zealotry for honesty as coaching style 1
- Infinite-game with yourself 1
- Non-zero-sum success at the top 1
- Roofline analysis (memory time vs compute time) 1
- Optimal batch ≈ 300 × sparsity 1
- 20ms HBM drain time = the train schedule 1
- Mixture-of-experts forces single-rack residency 1
- Scale-up vs scale-out 8x bandwidth gap 1
- Pipelining doesn't help KV cache 1
- Memory wall as the deepest bottleneck 1
- Gemini 200k context inflection point 1
- Output 5x input price = decode memory-bound 1
- Cache-hit pricing reveals memory tier 1
- Models ~100x overtrained vs Chinchilla 1
- Cost-equilibrium across pretrain/RL/inference 1
- Inference token volume ≈ pretrain token volume per model lifetime 1
- Sub-linear sparsity quality scaling 1
- Sparse attention sqrt scaling on KV cache 1
- Context-length ceiling until HBM scales 1
- RevNets / Feistel cipher activation rematerialisation 1
- Scale-up domain size as the real GPU-gen unlock 1
- US stock cap = 252% of GDP 1
- IPO supply 5-6% of market cap vs 2% buyback retirement 1
- Hyperscaler CapEx collapsing buyback budgets 1
- Reverse wealth effect mechanics 1
- Negative 10-yr S&P forward return at PE 22 1
- PE allocation 7% (2008) → 16% (2026) 1
- Modeler consensus: 50-100M deaths before AI regulation 1
- Atomic Energy Commission analogy for AI 1
- AI watermarking as felony policy 1
- Long yen / short dollar setup 1
- $4.5T unhedged Japanese USD position 1
- Bitcoin kinetic-war and quantum bear cases 1
- Newspaper writing as trader mental model 1
- BBI -0.12 S&P correlation = 100% alpha 1
- Powell reappointment-trade memory 1
- Workless-world significance problem 1
- Baseten 30x growth in 12 months 1
- >$1B 2026 revenue trajectory 1
- 95% custom-model token share 1
- Inference + post-training are two sides of same problem 1
- Frontier open-source is Chinese-led 1
- Chinese subsidy of US enterprise via open-source models 1
- GB200 3-5 year contract + 20-30% TCV prepay 1
- H100 price still rising 4.5 years post-launch 1
- 9-year GPU useful life 1
- 12 good clouds, 3-4 in gold tier 1
- Multi-cloud inference fabric (90 clusters / 18 clouds) 1
- Pre-fill / decode disentanglement as next primitive 1
- Inference + software = stickiness; GPU-only = commodity 1
- Capability-first then cost optimisation customer pattern 1
- Hero-culture-banned lean-ops hiring rubric 1
- Pager-culture as infrastructure DNA 1
- Jevons paradox in inference (longer agent runs) 1
- 'Inference is the last market — even if AGI' 1
- Kalshi v CFTC 2024 ruling redefining gambling vs financial market test 1
- 1905 SCOTUS grain-futures parallel 1
- Casino model = promoting customer losses; exchange model = transaction fee neutrality 1
- Insider-trading rules ported from equities (control vs observation) 1
- Fed paper citing prediction markets as best economic gauge 1
- Hurricane hedging in Florida Keys via Kalshi 1
- Student-loan forgiveness hedging case 1
- Election hedging for S&P holders without selling the underlying 1
- Citrini scenario priced at 11% → 33% 1
- Infinite-markets thesis (rising entropy of asset prices) 1
- Kalshi 120-person no-managerial-layer org 1
- Luana knows what 80-85% of org is doing via Slack 1
- Slope > intercept hiring 1
- Sue-the-regulator as the unlock anti-pattern 1
- Most aggressive quarter in American capitalism (Evan Armstrong frame) 1
- $540B Mag 7 combined revenue + $700B capex 1
- Alphabet cloud backlog $462B (≈full 2025 revenue) 1
- Microsoft AI ARR $37B vs $190B capex; ex-AI revenue flat 1
- Meta capex raise $125B → $145B; revenue attribution missing 1
- GCP +63% YoY (fastest hyperscaler) 1
- Gemini token growth lags Anthropic 10x 1
- Palantir RPO +134%, Rule of 40 = 145% 1
- $10M-chunk procurement minimum for corporate AI transformation 1
- Karp: 'every stakeholder shows up to the meeting now' 1
- Token intensity at 2-15% of engineer salary (not 20%) 1
- Saster AI VPs at $254/mo total in tokens 1
- Coding as the tip of the spear; other roles much less token-intensive 1
- SaaS apocalypse partial walk-back (Atlassian / Twilio / NS8) 1
- Two-pronged AI test (monetise base + net new customers) 1
- Twilio winning via AI-native startup default-choice 1
- HubSpot 'agents on par with humans' announcement as headless-software bellwether 1
- Anthropic $50B raise at $900B in 48 hours 1
- Capex-per-dollar-of-revenue: $3-4 for Anthropic 1
- Anthropic IPO timeline may slip to 2027 1
- Sierra at $15.8B / 105x AR signals OpenAI chairman betting on application layer 1
- Memory chip stealth inflation (Mac Mini $599→$799) 1
- Coinbase 14% layoffs; 'no managers of managers' 1
- 'Lead from the front with AI' as the new operating standard 1
- Musk v Altman trial: distillation admission, $30B Brockman stake, statute-of-limitations risk, DAF standing technicality 1
- AI as Girardian scapegoat for COVID-era overhiring 1
- Shopify staying at 7.5-8k people for 5 yrs at 100x productivity 1
- >50% of Shopify code AI-generated 1
- Opus / Dec 2025 as the AI-coding inflection 1
- River — agentic engineering in public Slack channels 1
- Senior > junior engineers for AI coding (steering thesis) 1
- Context engineering as new career role 1
- Enneagram-8 founder framing 1
- 'You can just do things' as operating principle 1
- Anti-charity-without-fitness-function thesis 1
- Markets as 'real democracy' via distributed capital allocation 1
- Friedrich List / Prussian school of economic prescription 1
- Anti-climate-cult European reform 1
- Chinese open-source models capturing children's RLHF default 1
- Wealth-demonisation as Trump-derangement-syndrome adjacent in Canada 1
- Trusted public company > untrusted private company hierarchy 1
- Toby's 100x-higher-now Shopify IPO pricing self-correction 1
- Anthropic leasing Colossus 1 (220k+ GPUs, 300+ MW) 1
- Elon Web Services as new hyperscaler 1
- $4-5B incremental SpaceX revenue from leasing 1
- SpaceX IPO at 40-50x revenue 1
- Anthropic ARR $10B→$30B→$44B Jan-Apr 2026 1
- Anthropic as 'biggest monopoly in human history' 1
- Rockefeller/Safe Oil analogy for AI safety rhetoric 1
- Chamath 500-day reckoning timer 1
- S&P 500 op margins 11% → 13% but causation disputed 1
- 9 GW build-out with 50% protested 1
- Protests as organised cross-state activism (nuclear-block playbook) 1
- FDA-for-AI executive order then walk-back 1
- Polymarket 21% Trump AI review by May 31 1
- Brad portfolio = 25% memory (SKH/Samsung/Micron at 5-7x earnings) 1
- KYC on frontier model APIs as preview-period control 1
- Hyperscaler revenue AWS $150B / Azure $108B / GCP $80B 1
- Mag-5 headcount +3% in 3 yrs vs revenue explosion 1
- Tesla-SpaceX merger thesis (Elon Corp by mid-2027) 1
- Software TAM doubling from $1T to $2T+ 1
- Spencer Pratt LA mayoral race + retirement-protection ballot initiative 1
- Ken Griffin NYC→Florida exit signal 1
- Anthropic banning OpenClaw as alleged anti-competitive move 1
- Mag5 revenue $150B → $350B in 8 quarters 1
- Mega-cap premium to S&P now only ~13% 1
- Nvidia as first $10T company prediction (Brad date-stamped May 2026) 1
- Memory at 5x earnings; Samsung > Google profits 1
- Token per watt per dollar as Nvidia moat metric 1
- Vera Rubin LPX clusters from Groq acquisition 1
- Anthropic Jan-Apr lead via Claude Code + Opus 4.6 1
- Codex resurgence on X sentiment last 3-4 weeks 1
- OpenAI $110-120B raise as private IPO with IPO-grade cap table 1
- SpaceX + X IPOs end of June 2026 1
- Anthropic share demand 'highest in 25 years' 1
- Retail reality check: 20-30% compounding, not 2-3x 1
- Trump Accounts launch July 4 2026 1
- $1k + $50/mo = $50k at 18 / $200k at 30 / $1M at 55 1
- 5M kids signed up; 10M expected by July 4; auto-enrollment 2027 1
- Iran / Strait of Hormuz / $120 oil as tail risk 1
- Profit-take when stocks go up 100% in a month 1
- Walked away from $600M cash offer in 2015 1
- Chinese cross-border deal blocked by CFIUS in 2016-17 1
- $1B convertible-note workaround to clear Chinese deal 1
- $1B dividend to existing shareholders pre-KKR investment 1
- KKR investment in 2018 as first board 1
- Buyback $6B → $50-60B value (~⅓ of market cap) 1
- Axon 2 deep-learning inflection April 2023 ($9→$750) 1
- Performance marketing = advertiser as arbitrageer 1
- Studio acquisitions as data-acquisition strategy 1
- Sold all studios to Triple Dot (UK) 1
- 40-50% layoffs during triple-digit-growth year 1
- Comp tier reset 2022 — top 100 get equity, rest cash + ESPP 1
- CEO approval on every new hire 1
- Trillion-dollar market-cap comp triggers in place 1
- 10x engineer × AI = 100x, not 10x (gap widens with AI) 1
- Foroughi's chip-on-the-shoulder hiring criterion 1
- Iranian-immigrant origin story driving lifelong motivation 1
- VC-funded companies overhire because that's the model incentive 1
- IPO float discipline (7-8% float was too low) 1
- e-commerce TAM expansion on billion-DAU mobile-gaming user base 1
- Connected TV as next ad-format adjacency 1
- AI founder mode as successor framework 1
- Project Hawaii — 10-12 person team / crawl-walk-run-fly 1
- $200M / $400M / 600bps on $134B GMV from Hawaii teams 1
- People-managers-only will not survive AI 1
- Airbnb's atomic unit moves from home to person 1
- Proof of personhood as identity layer 1
- 50-70 verticals on top of identity 1
- Sandbox 'radically different Airbnbs' built in parallel 1
- Consumer-AI renaissance in 12-24 months 1
- YC 175 companies / 0 consumer last batch 1
- Software is fast fashion; community/brand endure 1
- 11-star experience exercise 1
- 5→6-star gap is where PMF lives 1
- 'Manage people through the work, not the people' 1
- Pipeline recruiting (not searches) — start with results, work backward to people 1
- Mafia-based talent referral (Uber ops mafia, Apple design mafia) 1
- Hiroki Asai's simplicity = distillation principle 1
- Disney vs MGM founder-led durability analogy 1
- Bodybuilding 1%/day progressive-overload metaphor 1
- Industrial-designer-as-PM framing 1
- From people-pleasing achievement to artist's motivation 1
- Da Vinci / Van Gogh / Disney / Jobs working until death 1
- Agency over skill as the AI-era differentiator 1
- Drive Notion like it's stolen 1
- First 10% of every project free, last 10% still 90% 1
- Demos not memos as new product-review standard 1
- Designers/PMs code for medium-mastery, not production 1
- Coding harnesses as the OS of the 1990s 1
- People-managers-only won't survive AI age 1
- Malleable software thesis (Ink & Switch) 1
- Software is eating the world is accelerating 1
- AI lets non-engineers write software for themselves 1
- SaaS apocalypse measured take ('software is a garden') 1
- Slack as the OS for Anthropic / Workday endurance 1
- Notion AI agent + connected workspace as agent context 1
- Universal basic income already exists = knowledge work 1
- Tiny-core product thesis (Heroku / GitHub / Notion / Dropbox) 1
- Be right, not first (Anthropic vs OpenAI) 1
- Models will plateau on intelligence; speed will matter more 1
- Retina-display analogy for cognitive tasks 1
- Schoening's group-chats-of-8 small-group theory 1
- Inclusivity-isn't-always-great counter-take 1
- Heroku vs Kubernetes parable for the labs (businesses want choice) 1
- Cursor / Intercom / Notion dabbling in own RL 1
- Software factory + manual-intervention-as-bug 1
- Token spend as wrong metric (same as Lemkin this week) 1
- Taste = mental virtual machine for in-group reactions 1
- Anthropic SPV crackdown / IPO-prep cleanup 1
- Anthropic secondaries trading $200-400B 1
- Anthropic-Elon Colossus deal ($3-5B/yr to SpaceX) 1
- Anthropic-Google $200B over 5 years (~40% of Google backlog) 1
- Google as both model competitor AND compute supplier 1
- Anthropic getting more compute than OpenAI 1
- xAI conceding frontier-model race (becoming net-seller of capex) 1
- Cerebras IPO 20x oversubscribed; $48B fully-diluted; $4.8B raise 1
- Andrew Feldman / Foundation Capital 2016 incubation story 1
- Ramp $40B at $1B revenue = 40x run-rate 1
- Brex comp at ~6x revenue 1
- Ramp agentic procurement (Lemkin's switch test) 1
- Earnings rule: accelerated guidance > absolute numbers 1
- Monday +20% (decel but raised guidance) vs HubSpot -18% (didn't) 1
- AppLovin crashed at 30% growth = multiple compression 1
- ZoomInfo 1% growth / 35% AOI / 1x revenue = classic PE take-private 1
- Clay stole ZoomInfo's growth (waterfall data product) 1
- Goldman: 24x tokens by 2030 (Lemkin: 250x) 1
- Goodhart's Law on token monitoring 1
- 10x/100x engineers vs web-dev token-trashers 1
- Anthropic 10 financial agent templates killing YC startups 1
- Anthropic legal product threatening Harvey/Lagora 1
- Microsoft-Office-vs-vertical-app historical analogue 1
- Terminal state of decay for marketing-automation SaaS 1
- Brain rewiring after 4-5 years as founder (MrBeast rage-bait) 1
- Lime IPO prep 1
- Memory chip CapEx-vs-fab-supply tension 1
- Legora ARR $3.5M → $25M → $70M → >$100M in one year 1
- Fastest enterprise to $100M ARR 1
- ~280% average quota attainment 1
- 8-12x quota multiples 1
- Jude Law brand campaign → $50M qualified pipe in one month 1
- Pilot conversion rate 78% 1
- Demo-first, not discovery-first AI-era sales playbook 1
- Forward-deploy legal engineers for any $100k+ ACV deal 1
- On-site by 2nd/3rd meeting is the new sales bar 1
- 5-day Stockholm immersive bootcamp 1
- 40-50 new hires every 2 weeks 1
- Hire below your level at a high-growth company 1
- Salesforce hard-break-glass full-agentic pivot 2025 1
- Pricing integrity vs free competition (yoga class behavioural-econ proof) 1
- CEO-to-CEO bake-offs as new norm in vendor selection 1
- Multi-threading lost a Legora deal (only met 4 of 5 panel) 1
- Legora TAM extension into $1T legal-services market 1
- AI literacy generally low even within enterprise legal 1
- LFG cultural values (Lean in, Fight for excellence, Grow together) 1
- AI account-planning one-click agent built by Legora revops 1
- Felix funds-attorney vibe-coded PE module over a weekend 1
- Abridge 5-year desert (2018-2023) before product-market-fit 1
- Thesis you don't pivot on (healthcare = conversations as core signal) 1
- ~40% of model outputs from in-house models (varies month-to-month) 1
- Distillation + fine-tuning of open-source models monthly 1
- 'Reduce reduce reduce' UX principle (latency-first) 1
- Doctors refusing to join systems without Abridge 1
- Notes → orders → billing as enterprise-value path 1
- CMIO + CIO + CFO three-stakeholder threading 1
- 'Earn the right' data-use refrain (partner-blessed in contract) 1
- 'Trust is everything; industry moves at the speed of trust' 1
- Hamilton Helmer counter-positioning ('build in a way the incumbent can't') 1
- Don't compete with Epic — build on top of Epic 1
- Microsoft/Nuance not seen 'much anymore' (bundling not existential) 1
- 'Talent over frontier-model access — without question' 1
- 'Taste good things to have good taste' company value 1
- Wartime CEO framing; pressure makes diamonds 1
- Goldman's 24x token consumption by 2030 = directionally right 1
- Forward-deployed engineers from labs = strongest signal for vertical AI runway 1
- Henry Kravis: 'why even think about going public' 1
- Always-on personal trade-off (Pittsburgh anchor for aging parents) 1
- Super-IC and full-stack-graduate advice 1
- Founder mode = tours of duty (not micromanaging) 1
- Series A1 = wilderness round (8 on 40 from USV/Bessemer/Whittington) 1
- Trump-Xi 7th face-to-face since 2017 1
- China commits 200 Boeing jets + soybeans + LNG + oil 1
- Polymarket: 6% Taiwan-invasion 2026 / 17% by end-2027 1
- Sales-delegation framing (Visa/MasterCard/Boeing/Cargill/Nvidia/Qualcomm/Elon) 1
- Chamath 'carve up the world' framework (China steps back from LatAm/MidEast, US relaxes on Asia-Pac) 1
- Friedberg 18-month Taiwan thesis (TSMC AZ + Huawei mainland) 1
- Sell-the-chips consensus (Chamath + Benioff + Friedberg) 1
- Benioff 'not my first SaaSpocalypse' on $180B re-rating 1
- Salesforce $50B buyback 1
- $300M Anthropic spend at Salesforce 2026 1
- Salesforce humans + agents + headless platforms interop 1
- Slack as decision-context OS for Anthropic AND Salesforce 1
- OpenAI considering suing Apple over Siri integration 1
- Apple privacy concerns + Jony Ive recruitment + hardware competition 1
- Apple's path: buy Perplexity/Mistral + local models on M5 + iCloud persistence 1
- Mira Murati Thinking Machines real-time multi-sensory world model 1
- Multi-sensory could 1000x token consumption per knowledge worker 1
- Apple has patented cameras in AirPods 1
- Plaud pin as current consumer wearable category 1
- Anthropic + lab focus convergence on coding agents 1
- Benioff voice-coding workflow (Whisper Flow + foot pedal) 1
- Chamath bear case: low-end SaaS finished, high-end is safe 1
- OpenAI Deployment $4B consulting-co deal as struggle signal 1
- El Niño 2026 forecast = most severe in 150 years 1
- 11M extra terawatt-hours in oceans = 500 yrs of human energy 1
- California / Brazil / India crop-failure tail risks 1
- Indian monsoon failure as high-probability event 1
- Anthropic SPV crackdown to be litigation magnet post-IPO 1
- Susan Wojcicki tribute / rare-cancer foundation 1
- 130,000+ employees across 60 countries 1
- ~9,000x value increase since 1960s 1
- Reinvest 90% of profits in new businesses / growth 1
- Capability-bounded, not industry-bounded 1
- Republic of Science (anti-Berkshire integration) 1
- Experimental discovery / virtuous cycles of mutual benefit 1
- Creative destruction with intensity over time 1
- Georgia-Pacific 2005 $20B all-in acquisition 1
- Joe Mohler clearing the 51st-floor bureaucracy at GP 1
- Pine Bend Minnesota refinery culture transformation via union work-rule fight + bottom-up empowerment 1
- Hire slow and stupid for bad values 1
- Values-first, skills-second, credentials-last hiring 1
- CIO Jared Benson started painting parking-lot lines 1
- Late-1990s 'gas-to-bread spread' as worst-ever mistake 1
- Chase fired himself from Koch Fertilizer at 9 months in 1
- Comparative advantage as personal-role principle 1
- Why they stayed private (principle-based framework + capability transitions impossible under analyst pressure) 1
- Stand Together as bottom-up movement (1000+ business leaders) 1
- The Phoenix gym scaled 2k → 1M people in last year via Stand Together backing 1
- 5,000+ post-Covid micro-schools seeded via Vela Fund 1
- Joe Lamont Alpha School's Fortnite-mechanics for education motivation gap 1
- Principal Companion app (Coke's 41 principles via Socratic-method GPT) 1
- Viktor Frankl meaning vs power vs pleasure framework 1
- Charles's 50-year libertarian-party mistake → Frederick Douglass cross-party engagement 1
- Cerebras IPO 25x oversubscribed at $48B → opened $350 first trade 1
- Dribble lockup as IPO structural innovation 1
- Anthropic +$14B ARR in April alone 1
- Anthropic now ~$44B annualised April 1
- Software in 'too hard basket' (market multiple revert) 1
- Point-solution SaaS = 'front of conveyor belt to guillotine' 1
- Data infra layer (Snowflake/Databricks/ClickHouse) as the SaaS exception 1
- Power + compute as actual capex bottleneck (30-40% delays) 1
- 'Tom Brady launches a data center' as sell signal 1
- Cerebras CFIUS-blocked IPO 18 months ago (now cleared) 1
- Amazon: 'premier place for Claude workflows' 1
- Mag-5 H2 capex commitment + free cash flow imploding 1
- $1T/year US private capex without government money (vs China subsidising) 1
- SPV-based off-book hyperscaler debt as unstated tail risk 1
- Memory at 5-6x earnings as structural mispricing not cyclical 1
- Reject Cisco-2002 comparison (still below market multiple, 70% growth) 1
- SpaceX IPO end of June (re-confirmed) 1
- Smaller/medium-sized AI companies emboldened to IPO post-Cerebras 1
- Apple-Gemini partnership speculation 1
- Nvidia first $10T company claim (walked back, but maintained) 1
- UFC bought for $2M in 2001 1
- Sold for $4.025B in 2016 (2000x) 1
- ESPN deal $3B 1
- Paramount deal $7.7B for 7 years (everything UFC owns) 1
- Spike TV 'we'll pay for production, you keep distribution' as 100%-rights-retained playbook 1
- Forrest Griffin vs Bonnar finale + Spike alley-renewal-on-napkin 1
- Lionsgate rights buyback at $2.5-3M (would be worth billions now) 1
- Lorenzo's 'I'm done' call + 'fuck it' morning-after reversal 1
- 'It's pretty amazing what a good night's sleep can do for you' 1
- Yas Island as only real COVID sports bubble 1
- Iger's pay-no-matter-what UFC offer 1
- Dana gave up his own COVID compensation, refused to lay off employees 1
- 'I'm only doing business with people aligned with me' post-COVID/woke 1
- Joe Rogan did first 12 UFC fights for free 1
- 'I don't have a Plan B' founder operating mode 1
- Cut negative people out fast 1
- Constant early-adoption of new media (radio → DVD → Spike → podcast → YouTube → TikTok → AI) 1
- 'I give creators full access' content strategy 1
- 9-brand portfolio (UFC + boxing + power slap + jiu-jitsu + WWE + PBR + Slap League + Nitro Circus + Fertitta Zone Slap) 1
- AI-generated UFC promos + White House commercial 1
- Pro-billionaire / pro-capitalism rant (California exodus context) 1
- Brian Halligan: 'the company itself becomes the intelligence' (sponsor mention) 1
- Anthropic ARR $9B → $30B+ in Q1 2026 1
- $100B+ in compute deals signed last month 1
- Anthropic-Google 5 GW TPU deal starting 2027 1
- Anthropic-Amazon Trainium up to 5 GW 1
- Anthropic-SpaceX Colossus partnership for consumer/prosumer 1
- NDR >500% annualised 1
- 9 of Fortune 10 as customers 1
- Signed 2 double-digit-million-dollar commits in an Uber ride 1
- Three-platform compute strategy (TPU + Trainium + Nvidia) 1
- Custom orchestration layer for compute fungibility 1
- Cone of uncertainty as compute-budgeting frame 1
- Returns to frontier intelligence are extremely high (especially enterprise) 1
- Multidimensional intelligence (not just IQ) 1
- Compute floor for model dev is non-negotiable 1
- Opus 4.5 price cut as deliberate Jevons paradox 1
- Pricing stable across Haiku/Sonnet/Opus for 3 years 1
- 90%+ of Anthropic code written by Claude Code 1
- Internal compute use as recursive self-improvement 1
- Talent density beats talent mass 1
- 2-week Dario all-hands cadence 1
- 7 co-founders still at company 1
- Lost only 2 people to Meta in poaching war (others lost dozens) 1
- Cyber-only release framework for Mythos 1
- Mythos found 250 vulnerabilities vs prior model's 22 1
- Virtual collaborator as next product frontier 1
- Cowork growing faster than Claude Code did 1
- $75B raised since Krishna joined + $50B inbound from May deals 1
- Anthropic America-First posture with government 1
- Tom Brown 2024 walk vision (sounded crazy, came true) 1
- Incorruptible (book) — protect what you've built from financial gravity 1
- 20% founder-CEO retention 3yrs post-IPO (Harvard Law stat) 1
- Public Benefit Corporation as 2-page Delaware filing 1
- Ethos + Integrity = the blueprint 1
- Harder is easier — Cloudflare SSL-for-free case 1
- Anthropic Long-Term Benefit Trust as mission guardian 1
- Pentagon $200M contract turndown enabled by LTBT 1
- Industrial foundation structure (Novo Nordisk 1920) 1
- Perpetual purpose trust (Patagonia) 1
- Spiritual holding company (omnibus term) 1
- Companies with foundation structures 6x more likely to reach year 50 1
- Saul Price 'customers first, employees second, shareholders last' 1
- Costco governance fortress as bulwark against pressure 1
- Vectura → Philip Morris → $900M writedown cautionary tale 1
- Don't-be-evil vs the quarterly report frame 1
- Director's oath (like hippocratic oath for boards) 1
- Founder-preferred shares + mission-protective provisions 1
- Mission-controlled company (vs investor-controlled or founder-controlled) 1
- Culture bank — only make deposits, never withdrawals (Todd Park rule) 1
- Mary Parker Follett invisible leader 1
- Conway's law — org chart visible in architecture 1
- Emergent intelligence in organisations (ant colony piano puzzle) 1
- Vital Farms / BlackRock as in-flight example 1
- Five horsemen of culture decay: safety, performance, quality, design, innovation 1
- Pax Silica — 14-country economic-security coalition for AI supply chain 1
- Forward-deployed industrial base — 4,000 acres in Philippines 1
- State Department takes property into custody like an embassy 1
- Two-year negotiation window for multi-decade framework 1
- AI supply chain = thousands of inputs (not just chips) 1
- Robotics supply chain as priority target 1
- Belt and Road as the counter-design (state-owned, debt-trap, equity-conversion) 1
- Pax Silica = private companies in driver's seat, shared skin in game 1
- US 4% population / 20-30% consumption / production gap 1
- Singapore-style highly autonomous reindustrialisation 1
- Hub-based approach for the other 70% of world consumption 1
- Rare earths: bottleneck is refining (China-concentrated, China-subsidised) 1
- Critical Minerals Summit Feb 4 (largest in State Dept history, 55+ countries) 1
- Pricing-side negotiations to resolve minerals pricing before end of administration 1
- VC funds as execution-risk filter for mineral/material companies 1
- Rare-earth-free magnets / novel materials as the tech-industry solution 1
- Executive order to quadruple domestic nuclear 1
- Pax Silica zones as evergreen treaty-class permanence 1
- America as global underdog cultural frame (vs Thucydides Trap establishment power) 1
- Trump time — entrepreneurial cabinet-level operating tempo 1
- Model distillation as unresolved IP policy front 1
- Apple-Gemini / OpenAI-Apple lawsuit backdrop 1
- Anthropic at $900B for $30B raise (tripled from Feb $380B) 1
- Dario's '70% deal in 72 hours' anti-drama fundraising vs Sam's 'push to max' 1
- Salesforce $300M Anthropic tokens = $15K/dev/year = 4% of fully-loaded cost 1
- 20VC survey: avg $1.2-1.3K/dev/month tokens (median lower) 1
- For $1T Anthropic+OpenAI ARR need 20% of engineering salary OR 5-7% of knowledge worker salary 1
- Salesforce is only 1/4 of the way to that token-intensity target 1
- Cerebras IPO 68% day-one pop opens window for >Figma companies 1
- SpaceX S1 filed June 12 IPO $1.75T/$75B (largest ever) 1
- S1 'funniest ever' — shows pre-xAI/pre-Anthropic/pre-Cursor state only 1
- GameStop-style pop bet: Jason $5T, Harry $3T, Rory under $3T 1
- Facebook-IPO precedent: flat then -40-50% over 6 months 1
- Sam Altman $2M OpenAI tokens-for-equity to every YC startup 1
- OpenAI has surplus tokens, Anthropic doesn't 1
- OpenAI may file S1 as soon as Friday (breaking) 1
- AI-IPO calendar now extremely front-loaded H2 2026 1
- Eric Schmidt booed at graduation 1
- Standard Chartered CEO 'no job losses, just job reductions in favour of the machines' 1
- 'No one in America outside California likes AI' framing 1
- 'Brilliant scientists who are political morons; political brilliants who are AI morons' 1
- '8,000 ex-Facebook employees vote on wealth tax next week' 1
- Reflation hiring as social charter to prevent backlash 1
- Founder-led + installed-base = pivot-pull-off candidate watchlist (HubSpot/Atlassian/Figma 2.0/Twilio) 1
- Drew Houston / Dropbox as the comeback play 1
- Trump AI executive order scrubbed last minute 1
- Elon vs Sam OpenAI lawsuit dismissed on statute of limitations 1
- Jury 'curse on all your houses' framing of AI executives 1
- Sam Altman OpenAI venture fund as hidden carry source 1
- One-man accelerator at the Brower Hotel (Four Seasons residence) 1
- $50/night per bed; 4 founders in one room 1
- 3-week founder crash course before seed 1
- Browder Capital fund 4: no reserves, all upfront 1
- $1.5-21M check range, $5M median valuation 1
- Young founders 10x grit because 'no option but to succeed' 1
- Ideological fraud (reverse-engineering podcasts via Claude + Deep Research) 1
- A+ vs D-minus answer to 3-month goal question (vague vs Milwaukee dentist) 1
- Stripe-on-your-phone test for fake revenue claims 1
- 11 PM meeting test (best founders say yes) 1
- Three reasons pre-seed companies fail: money, hope, co-founder disputes 1
- Family trauma + gaming + early entrepreneurial success = best founder pattern 1
- Friends-from-high-school as perfect co-founder dynamic 1
- VCs as sharks (safes vs priced rounds politics) 1
- B-minus VCs want priced rounds for LP markup; safes don't dilute other safes 1
- Kingmaking is real (2x lower valuation from Sequoia/Founders Fund worth it for customer pull) 1
- Customer adoption follows kingmaker brand 1
- Sub-$5M valuation pre-seed strategy 1
- Marc Andreessen non-profit-to-for-profit conversion moment (DoNotPay) 1
- DoNotPay: 11 people, $22M raised, dividending quarterly, more cash than raised 1
- DoNotPay 90%+ organic SEO/earned media acquisition 1
- DoNotPay GEO (generative engine optimisation) hedge for AI search 1
- Founders burning all the money = lame 1
- 'For every Anthropic employee making $20-100M, there's 7,000 Block employees being laid off' 1
- AI-era wealth concentration as revolution-trigger candidate 1
- Positional goods (8 houses on best SF road) vs absolute goods (apartment + food) 1
- Buy land for personal diversification (not stock market, not cash) 1
- Custom evals (org-specific data) as the next big role 1
- Founder-led + installed-base + tiny team = the new compounder type 1
- Anthropic EBIT-positive per WSJ (changes ROI/circular-funding bear case) 1
- SpaceX S1 filed: $1.75T valuation, $75B raise, June 12 IPO (SPCX) 1
- Largest IPO ever (>2x Saudi Aramco $29B) 1
- Starlink: $11.4B revenue +50%, $4.4B op income, 10M subscribers 1
- SpaceX Space biz: $4B revenue +17%, -$650M op losses 1
- xAI: $3.2B revenue +2x, -$6.4B op losses 1
- SpaceX $20B capex 2025, 60% AI compute 1
- Elon Web Services breakout: Anthropic $1.25B/mo = $15B/yr Colossus rental 1
- SpaceX/Anthropic $45B / 3-year compute deal (90-day cancellation) 1
- SpaceX builds data centres 122 → 91 → 66 days 1
- Polymarket 71% SpaceX closes day-one >$2T 1
- Cursor Composer 2.5 Pareto-dominant after 3-4 weeks RL on Colossus 2 1
- Cursor: more coding tokens than exist on public internet 1
- Grok Build harness released (catches up Claude Code + Codex) 1
- Frontier-lab list expanded: Anthropic + OpenAI + xAI/Grok 4.3 + Gemini 3.1 (subsidised) 1
- Nvidia Q1: $81.6B revenue +85% YoY +20% QoQ 1
- Nvidia $58B net income / $48B FCF / 75% gross margins / $5.3T market cap 1
- Nvidia +$80B buyback, dividend 25x, 50% FCF returned 1
- Nvidia CPU business $20B this year (overnight one of world's largest CPU makers) 1
- Domain-specific architectures happening inside Nvidia 1
- DC-to-DC power architecture redesign as next Jensen + Elon collab 1
- Matthew Prince Cloudflare 'measurers' layoff memo (PR disaster) 1
- Zuckerberg 'dystopian' layoff + computer monitoring framing 1
- 3 commencement speeches booed AI this week (Eric Schmidt one of them) 1
- Trump AI executive order scrubbed hour before announcement 1
- CCP-funded anti-AI campaign hypothesis 1
- Sham Sankar 'go to end user, not model makers' reframe 1
- Hedge-fund manager + LLM + existing safe drug → daughter's neuron firing 30-40% → 80-90% 1
- Trump-Xi summit + Putin-Xi same day (no grand deal) 1
- Selling deprecated Nvidia GPUs to China prevents own ecosystem development 1
- Pax Americana via AI dominance framing (post-1945 Germany/Japan rebuild parallel) 1
- 10-year at 4.6% (Bessent goal sub-4%) 1
- Japan 30-year at record 5.1% 1
- Survey of professional forecasters May CPI 6% 1
- Korea retail borrowing for AI chip stocks (2024 crypto peak echo) 1
- Global debt-to-GDP 310% (Friedberg Dr Doom frame) 1
- GPU useful life 3-4yrs → 10-15yrs via disaggregation (saves NeoClouds + private credit) 1
- AI seasonality (summer trough candidate for Q3 2026 disappointment) 1
- Best house in worst neighbourhood (US AI + energy + dollar still dominant) 1
- MatX 'splittable systolic array' architecture 1
- Multiply-accumulate as AI primitive with quadratic area scaling in bit precision 1
- Nvidia B300 acknowledges 3x FP4 vs FP8 (should be 4x) 1
- TPU = few large matrix units (better register-file amortisation) 1
- GPU = many small SMs (more flexible, higher inter-unit bandwidth) 1
- GPU as 'tiny TPUs tiled across whole chip' 1
- Splittable systolic array as middle ground between TPU and GPU 1
- Scratchpad (TPU/Groq) vs cache (CPU) — deterministic vs variable latency 1
- FPGA = 10x more expensive than ASIC ($30M tape-out vs $10K first FPGA) 1
- Branch predictor as the CPU-vs-GPU area difference 1
- Pipeline-register insertion as area-vs-clock-speed lever 1
- Feedback loops as the hardest constraint setting clock cycle 1
- Same TSMC node, different clock speeds (chip-design team quality moat) 1
- Deterministic latency as inference SLA product differentiator (Groq + TPU + MatX) 1
- Brain runs at megahertz vs silicon gigahertz (energy budget) 1
- Memory-compute co-location is solved at SM scale; brain advantage is topology + scale not co-location 1
- Dadda multiplier as standard area-efficient summation 1
- LUT (lookup table) as truth-table programmable gate (FPGA primitive) 1
- Mux cost = n×p AND + (n-1)×p OR gates 1
- Anthropic +$11B ARR in one month = Palantir + Snowflake + Databricks combined lifetimes 1
- Anthropic Opus deprecating intelligence (70% fewer tokens per same question) 1
- Unconstrained Anthropic ARR would be $100-150-200B today 1
- Anthropic at ~5x unconstrained run-rate revenue 1
- Anthropic 80% less burn than OpenAI to similar revenue scale 1
- March 2026 = pent-up alpha drawdown (not wrong-thesis) 1
- Strait of Hormuz closure as US relative manufacturing advantage 1
- Natural gas spread: US $2.50 vs Asia/Europe 2-3x 1
- Orbital compute as racks-in-space (not pentagon-scale) 1
- Starlink V3 = 20 kW cooled satellites (scales to 60-100 kW = Blackwell rack) 1
- Lasers-through-vacuum inter-rack connectivity 1
- Sun-synchronous orbit for permanent sun/shadow alignment 1
- TSMC capacity decisions as the leading bubble indicator 1
- TerraFab = SpaceX + Tesla joint venture for world's largest US fab 1
- Taiwan Town / Japan Town / Korea Town as talent-recruitment strategy 1
- Trainium 3 needs switch scale-up network to ramp 1
- AI chip startups: 1% market share = $100B venture outcome 1
- Cerebras shoreline IO + optical wafer + hybrid bonding DRAM 1
- GPU useful life 3-4yrs → 10-15yrs via disaggregation of prefill/decode 1
- Prefill = memory capacity bound; decode = memory bandwidth bound 1
- Naval cannon analogy: prefill loads, decode fires (Andrew Fox) 1
- GPU financing cost 7% → 5-6% via useful-life extension 1
- Saves private credit 1
- Bitter-lesson violation as the biggest AI-trade risk 1
- Turbo Quant scare during Micron/Samsung/SK Hynix LTA negotiations 1
- Pareto frontier dominated by Anthropic + OpenAI (was Google 9mo ago) 1
- Grok 4.3 holds best-cost 500B-parameter slot 1
- Gemini 3.1 subsidised out of pride 1
- Google lost cost leadership via conservative TPU V8 design decisions 1
- AI shifted from all-you-can-eat to pay-by-the-drink pricing 1
- Telecom analogy: cellular + long distance both died at all-you-can-eat 1
- $250/mo plans get labbotomised tokens; enterprise plans get full frontier 1
- OpenAI + Anthropic will exceed $200B ARR this year 1
- Application-layer value NET DESTROYED at trillions of dollars 1
- Token path framing (Jamon Ball, Altimeter) 1
- Frontier tokens capture overwhelming majority of model-layer economic value 1
- Continual learning as the third paradigm shift after compute + RL 1
- Cyber-security defensive trade + family safe word for deepfake calls 1
- The Last Samurai 'master of the machine gun' analogy 1
- Personal-safety risk for high-profile AI political figures 1
- Ukraine winning via battlefield AI (best outside US + Israel) 1
- Pax Americana analogy for post-AI US dominance 1
- Amazon + Nvidia most engaged with AI startups; AMD/Microsoft/Meta nearly zero 1
- Microsoft trades $800 if just selling GPUs to OpenAI (Satya wise to build own) 1
- Satya as product manager of Copilot 'after going to make Google dance' 1
- Meta MSL Muse model on Pareto frontier with XAI/Google/OpenAI/Anthropic 1
- Pareto frontier = intelligence vs cost 1
- Cerebras at $63B post-IPO (only pure-play AI public stock) 1
- 15-20x faster than GPUs across the board (big/small, US/Chinese, all sizes) 1
- Wafer-scale 46,000 sq mm chip vs postage-stamp competitor architecture 1
- OpenAI $20B+ deal closed in 24 days (term sheet Thanksgiving → master agreement Dec 24) 1
- AWS deployment deal March 2026 1
- G42 $1B sovereign bridge order before OpenAI/AWS 1
- 7-year wilderness 2017-2019 ($8M/month burn pre-yield) 1
- Gen 1 = 12 units, Gen 2 = 300 units, Gen 3 = tens of thousands 1
- Cerebras supercomputer-first market entry (Argonne, Lawrence Livermore, Sandia, LRZ) 1
- Slow inference market = zero (dial-up internet analogy) 1
- 'Professional David' founder mode (5th startup, anti-Goliath) 1
- Fail in pursuit of extraordinary > succeed in ordinary as cultural DNA 1
- Coding tools $0 → $25-30K/engineer/month in 8 months 1
- 10x → 100x discontinuity for agent-governing engineers, 'rest of us limping along' 1
- IPO as 'corporate adolescence to corporate adulthood' graduation 1
- Pure-play AI-infra public market alternative to Nvidia 1
- Netflix-becomes-a-studio framing for fast-AI 2.0 1
- When to give up — pre-committed exit hypotheses + frog-in-warm-water accountability 1
- Art of the possible expanded by 2025-26 deal-speed norm 1
- Open source as the keep-the-flame community + Chinese makers as the watch-our-back force 1
- Founder slot as infrastructure + credibility-token bank cash-in 1
- Net Impact reviews (one engineer with AI vs one without — written into perf doc) 1
- Unlimited token policy + Vault leaderboard (removed after bad effects) 1
- 10x tokens/year + 3x GPUs as the upward sloping curve 1
- Small team (3-4-5 people) as the new dominant molecule 1
- Agentic harness for customer signal routing replaces dedicated CSM teams 1
- Everyone is 7/10 on every skill now 1
- 6-week review cycle is now too slow (looking for what replaces it) 1
- Pace ceiling as the leader's most important function 1
- Parkinson's Law as Tobi's most-recommended book (1960s edition) 1
- Sigba 6-6 cycle (Shopify-internal cadence) 1
- H1/H2 PowerPoint = company is fucked 1
- AI tokens at 70% of revenue isn't sustainable long-term 1
- Markets clear the token price (Jevons-paradox optimism) 1
- Customers cannot reproduce the AI doomer narrative 1
- Every 36 seconds someone makes first Shopify sale 1
- Build-me-a-million-dollar-business prompt is tractable today for digital + soon physical 1
- Build-me-a-house 10 years out 1
- Humanoid robotics + additive manufacturing + 3D printing as the physical-product enablers 1
- Underhyped: deployment in companies 1
- Overhyped: forcing things into programming domain 1
- Lab + Customer dual learning model (X-driven) 1
- Public company as diligence-inducer + retail-wealth share 1
- Shopify $1.5B IPO → ~$150B = ~100x for retail 1
- Island of misfit toys (vs anti-distinction culture) 1
- Software as bootstrapping infrastructure for AI 1
- the IPO supply wave / death of staying-private 1
- capex-light to capex-heavy 1
- token-to-engineering-salary ratio 1
- tokens over humans / AI backfills 1
- the ROI / token-spend reckoning 1
- frontier-model deflation ratchet 1
- SaaS apocalypse over-correction 1
- AI-attached vs human-per-seat software 1
- build-vs-buy for legal AI 1
- $26BN application-layer defensibility 1
- carry-distribution reshaping VC 1
- 2% GDP / weak-links productivity ceiling 1
- 996 work ethic 1
- infrastructure upstream beats application-layer downstream 1
- no software-layer defensibility / clone-Slack-end-to-end 1
- token spend exceeds salaries / compute > headcount 1
- Jevons paradox on token consumption 1
- model API layer commoditises (zero switching costs) 1
- majority of inference on open-source/distilled models 1
- network effects as the only durable moat 1
- services are the new software (vertical integration) 1
- data / RL-environments moat 1
- AI Productivity Index (Apex) 1
- multi-chip future / Nvidia loses monopoly not crown 1
- $10T frontier-lab outcome 1
- AI researcher comp (tens of millions of stock) 1
- value-concentration in top-10 names 1
- lost art of short selling 1
- credit/stock pickers market 1
- valuation shorts get run over 1
- home-builder structural impairment 1
- Nvidia undervalued / safe-short crowding 1
- long-short pods must be short something 1
- distribution is the hard part 1
- human edge = trust + read 1
- adaptable management as the moat 1
- time bounded value 1
- event-driven + credit DNA 1
- original troll persona 1
- $4T private 'Magnificent Ain't' index 1
- three-IPO supply wave > 10 years of exits 1
- cash consumed vs cash returned (ecosystem balance) 1
- OpenAI/Anthropic ARR > AWS by 2028 1
- centicorn 31% 10x base rate 1
- power law / K-shape concentration 1
- AI revenue ecosystem $140B→$300B→2x 1
- AI-enabled ads ~$150B 1
- model commoditisation disproven (Claude Code re-rating) 1
- no TSMC for memory / ASIC-vs-DRAM multiples 1
- OpenAI-vs-Anthropic price war 1
- IPO antiseptic at six-months-plus-one 1
- the new new thing vs left-behind quality 1
- megacaps undervalued (MSFT/META/AMZN) 1
- 2000-bubble / Berkshire-cheapest analogy 1
- underwrite private AI as venture (people/opportunity/context/deal) 1
- D/E-round 'venture' valuation 1
- capital commitments massively in excess of revenues 1
- SaaS bifurcation (niche $30k-seat at risk vs $50/seat platforms) 1
- AI ROI super-early / 95% of initiatives fail 1
- Howard Hughes = Berkshire 2.0 insurance flywheel 1
- cost-of-capital reflexivity / army of believers 1
- valuation-as-rubber-band + public table-pound 1
- IPO as milestone not destination 1
- $122B March raise vs Aramco $30B 1
- weighing machine not popularity machine 1
- single foundation, many interfaces 1
- 900M weekly ChatGPT users / the noun and the verb 1
- gigawatt = $10B revenue 1
- $50B all-in per gigawatt 1
- CapEx to OpEx via multi-CSP 1
- multi-chip frontier strategy 1
- maximum optionality / not investment grade 1
- LLMs did not commoditise — harness + memory 1
- 97% deprecation curve 1
- consumer substrate device 1
- memory + intent ad platform 1
- utility like electricity 1
- Series H at $965B post-money 1
- $380B → $965B in ~4 months 1
- cheaper multiple at 20x revenue 1
- $9B → $47B run-rate (5x) 1
- October IPO timeline 1
- multi-trillion multiple-winners / $5T super-cycles 1
- harness stickiness over model commoditisation 1
- net retention over 500% 1
- operating leverage / $47B on ~3,000 employees 1
- Nvidia compute-shortage long 1
- Anthropic–SpaceX Colossus lease 1
- supply-chain-risk government designation 1
- $800B AI capex by five companies 1
- 6GW / $100B data-centre leasing 1
- shortage not overbuild (power/turbines/memory) 1
- real estate as the least-bubbly tailwind 1
- logistics as favourite RE segment 1
- data centres as a new institutional asset class (BXDC) 1
- software multiple reset 20x -> lower 1
- per-seat to per-agent pricing break / the billable hour 1
- 2026 'year of the IPO' 1
- private credit less levered than bank-to-CLO chain 1
- investment-grade AI-infrastructure financing 1
- AI productivity boom vs sectoral disruption 1
- the relational sector 1
- labour share stays >60% 1
- Baumol effect / satiation of machine goods 1
- Manhattan Project for data 1
- H100 rent rising / compute non-satiation 1
- electricity vs social-media value capture 1
- just buy the index of AGI 1
- model commoditisation as the bull-or-bear hinge 1
- messy-middle scenario 1
- network-adjusted factor shares 1
- Defense Production Act threat / concentration as political target 1
- safety buffer vs commoditisation trade-off 1
- AI budget blown / metering headcount 1
- frontier-for-explore, efficient/open-source-for-scale 1
- AV demand aggregation vs building the driver 1
- 30% network-utilisation premium 1
- no single AV winner 1
- AV as a trillion-dollar marketplace 1
- 30-40% hardware cost decline per generation 1
- $10B FCF / low-margin marketplace 1
- Uber One membership flywheel (Netflix/Prime model) 1
- growth and innovation over buybacks (Amazon not Apple) 1
- social-licence pre-mortem / AI unpopularity 1
- Chinese manufacturing unrivalled / Foxconn-for-AVs gap 1
- Reserve $5B run-rate / on-demand to planned 1
- ground truth & troublemakers-as-mutations 1
- as big as the Internet or mobile and only as big 1
- we're in 1997 / radical uncertainty 1
- model-lab commoditisation 1
- no network effects in models 1
- more like cloud than Windows 1
- value accrues up the stack 1
- utility margin structure (telecoms comp) 1
- token-spend disequilibrium vs steady state 1
- distribution as the moat 1
- task vs job / Jevons paradox 1
- anti jobs-apocalypse 1
- argument-from-authority skepticism 1
- AI legitimacy backlash 1
- hyper-leveraged generalist 1
- full-stack builder 1
- token capital vs headcount 1
- private evals as moat 1
- agent on the balance sheet 1
- harness + context + evals 1
- per-user to consumption pricing 1
- unbundle and rebundle SaaS 1
- meta-work / metacognition 1
- capex license-to-operate 1
- MAI models / clean lineage 1
- RL environment (RLE) talent 1
- Pareto frontier of intelligence-per-cost 1
- orbital / space-based compute 1
- rapid Starship reusability 1
- Starlink direct-to-cell 1
- AI compute resale ('Elon Web Services') 1
- long-running-task model class 1
- frontier value vs open-source token volume 1
- monetization per gigawatt 1
- AI capex vs inference revenue math 1
- model routing 1
- Nvidia tokens-per-watt in a watt-constrained world 1
- set-it-and-forget-it position sizing 1
- irrational exuberance 1
- analytical vs speculative investing spectrum 1
- money-losing bubble base rate 1
- this-time-it's-different fallacy 1
- moats and disruption 1
- saspocalypse 1
- lottery-ticket startups 1
- private credit / direct lending 1
- forecast plus probability judgment 1
- profitability ultimately governs value 1
- Event-driven sum-of-parts (MGM Osaka + Dubai optionality) 1
- Buy below replacement cost (Sam Zell playbook) 1
- Data center as refinery / $50bn per gigawatt 1
- AI power scarcity and 20-year tight power markets 1
- Radiopharmaceutical platform with China-proof actinium moat 1
- DePIN crypto network with revenue-share token buybacks 1
- Sizing and liquidity as the real differentiator across ideas 1
- Druckenmiller invest-and-investigate / skin in the game 1
- fixed-price IPO vs banker price discovery 1
- IPO-window reopening for frontier-AI 1
- valuation reverting to fundamentals (base rates on forward-sales multiples) 1
- compute-revenue monetisation of data-centre overbuild 1
- revenue-per-employee leverage from AI / token spend vs headcount 1
- fintech repricing of inefficient incumbent banks 1
- consumer-vs-enterprise AI bets (delight vs automation) 1
- roll-up economics via price hikes on sticky inertia users 1
- money gets scared, not scarce (Minsky-style risk appetite) 1
- frontier-model capital needs forcing public markets 1
- price-to-sales multiple 1
- free-float adjustment 1
- index inclusion mechanics 1
- price discovery vs forced flows 1
- value factor death and revival 1
- technologically exposed vs insulated industries 1
- return dispersion and fat tails 1
- market leadership rotation 1
- unprofitable small-cap tech leadership 1
- oil peak as equity-market signal 1
- too-hard pile 1
- S-curve adoption framework 1
- backwards L curve 1
- decommoditization of hardware 1
- foundational-model oligopoly 1
- compute shortage 1
- recursive self-improvement 1
- coding as the AI unlock 1
- modified rule of 40 (% AI x market share) 1
- underappreciated earnings power 1
- scuttlebutt research 1
- net short application software 1
- AI factory / dynamo metaphor 1
- retrieval-to-generation shift 1
- five-layer cake investment map 1
- tokens as generated intelligence 1
- agentic AI 1
- task vs purpose for jobs 1
- learning the 'language' of structured domains 1
- $80 trillion physical economy 1
- closing the technology divide 1
- systems thinking 1
- complexity theory 1
- second-derivative effects 1
- increasing returns / power laws 1
- circular deals 1
- burn rate as risk measure 1
- open-source model competition 1
- data wall / painting in the corners 1
- vertical data moats vs foundation models 1
- IPO direct listings / auction allocation 1
- stablecoins vs payment rails 1
- tokenisation of private assets 1
- proxy-adviser governance 1
- index-fund voting distortion 1
- founder storytelling and product instinct 1
- Benchmark equal partnership 1
- taste as a moat 1
- opinion-based vs data-driven decisions 1
- vibe coding and technical debt 1
- three-generation product cycle 1
- start from pain plus enabling technology 1
- voice-primary device stack 1
- atoms-plus-software (hardware moat) 1
- working backwards / press-release-first 1
- cognitive surrender to AI 1
- marketing as part of product 1
- dollar vs bond market binary 1
- disinflationary AI growth narrative 1
- QE through the banks / SLR deregulation 1
- Treasury buybacks 1
- petro-gold yuan settlement system 1
- yuan swap lines vs dollar swap lines 1
- adjusted Warren Buffett metric 1
- debt spiral from foreign Treasury selling 1
- Hormuz closure / oil supply shock 1
- capital flight (dollar down, bonds down, stocks down) 1
- Continental vs maritime powers (elephants vs whales) 1
- Positive-sum vs negative-sum world orders 1
- Belt and Road Initiative 1
- UNCLOS and freedom of navigation (200nm vs 12nm) 1
- Containerization and falling transport costs 1
- Sanctions as economic chemotherapy / containment 1
- Mahan's maritime prerequisites 1
- Mackinder's heartland / pivot area 1
- Grand strategy and instruments of national power 1
- Rules-based maritime global order 1