@KyivIndependent
@ the haters: it’s just $28B. That’s like half of Uber. There’s 50 individual people each with more money than that. The US spent $767B on Defense last year. Even if all that money came from the US, it’s less than 4% of our Defense budget.
@tszzl
I wonder how investors think of these potentially world-changing opportunities. Like we're developing AGI that will take over the world, but don't worry b/c it'll listen to our cap table?
@tszzl
The secret is traveling to a legacy office 2 hours away from the nearest airport in the middle of Minnesota where the best place to get food is the Chili’s next to Holiday Inn. Nothing you CAN do other than work.
@Austen
It definitely sucks for the Fillmore community. I regularly go to that Safeway for my groceries. But that isn’t Safeway’s problem.
If the city wanted , they could open their own grocery store or solve the underlying issues. This just seems like they’re scapegoating Safeway.
@tszzl
Twitter laid me off today. If you know of any open positions for developers, let me know. I was the engineer who added new tweets to the timeline. Now the space-tweet continuum is unstable and causing all sorts of downstream issues.
@pitdesi
@sama
How does OpenAI’s cap table actually work? Does Microsoft outright own 49% of the company? Could they and another 2% owner control it?
I thought OpenAI had done some financial engineering to obfuscate ownership or smth.
@Jason
Gun ownership actually increases the risk of death for the owner and household members, and within the society at large. If you think buying a gun (or encouraging others to buy guns) will make us safer, I would urge you to reconsider.
@tszzl
Or investing in quantum computing that could make encryption near-meaningless. Is the investment thesis that if digital trust is going to break down we might as well be the ones that fund it?
@tszzl
Where do you think it comes from? Is there something about an eng education that encourages questioning or is it just that more curious people end up engineers (but could also study other fields). I lean more toward the latter with a sprinkle of the former.
@linusalf
This, but unironically. Some states (CA) are limiting their egg supplies by outlawing non-cage-free eggs. We need to maintain the look and feel of the cage-free eggs. No mass-market caged eggs here.
@Jason
It’s been shown that owning a handgun dramatically increases the likelihood of death from a handgun-related incited, including homicide, accidental shooting, and suicide (both for owners and other household members).
@tszzl
I’d describe it more as “intellectual curiosity” since I don’t think it’s purely a eng vs non-eng thing. That said, I’ve noticed the gap more frequently between engineers and “business side” folks.
@tszzl
Like puberty but for LLMs. They undergo so much growth that their body has to expand. That’s why performance drops for mid-size data sets until they get comfortable with their larger body.
@nikitabier
From what I understand, for Poland anyone except for men 18-60 can leave Ukraine, no visa required at this time. Romania is also taking in refugees if your family can’t make it to Poland.
1.3m GitHub copilot subscribers up 30% QoQ
Copilot is an incremental $10 / user / month which implies Copilot alone is now a ~$156m ARR businesses
How long until it's $1B ARR?? Very few software companies ever get to $1B ARR. Copilot as an add on seems to be on that path $MSFT
@RandomSprint
How many people sacrificed their 20s for their career? How many achieved it? In a world of increasing future uncertainty is it worth risking your 20s for a future you might not get?
@litcapital
Where did I learn to trade? Have you ever seen the Big Short? Wolf of Wall Street? Better than an Ivy-league degree, bro. I’m listening to a podcast about RenTech now too. I literally can’t lose money, trust me bro.
@LatticeworkInv
@jaminball
GPT4 is already trained. Most usage now is just calling the API (inference). I’d think developers calling the API >> however much OpenAI is using for training GPT5.
I'm glad to have the opportunity to work with and learn from
@daleschang
and
@bolotsky
. Their work on the Power of Platform highlights the value we bring to the table by working with our portfolio pre- and post-investment.
1. Over the last year, I’ve been working with
@bolotsky
and
@VCPlatform
analyzing 20 years of
#vc
returns and headcount trends. Today, we’re releasing the Power of Platform study. TLDR: ⬆️ investment in Platform roles is highly correlated with superior fund returns.
Great point from
@rodriscoll
and
@reckless
that the only public companies seeing real revenue from AI today are hardware manufacturers “selling atoms”. As Rory said, it’s going to take years before other companies fully train, package, and sell AI products.
The pressure is on big tech this earnings season to show the dollars - how are you going to monetize AI? $NVDA showed them how to do it last earnings season - our panel
@reckless
@rodriscoll
discusses how this time is different and which companies will pull it off
@kane
@garrytan
@AaronPeskin
@DeanPreston
We should have more actual working class people in politics. Not tech millionaires or old-money politicians.
They’re in the 0.1% regardless of how you frame it. It doesn’t make sense they’re best suited to represent the other 99.9% of citizens.
📨 latest edition:
- expanding on Avenir /
@JaredSleeper
*great* state of the industry deck; including an
@ArdaCapital
deep dive on PE + SBC
- Coatue's EMW 2024 + some curated content from
@Edi_Danalache
/
@scalevp
Link = next tweet
How are tech startups expecting 2023 to play out relative to 2022? I took a look at initial annual plans and Q422 performance to get a sense of what 2023 might bring. Read more in my blog post below:
Companies in 2023 are sprinting to efficiency, with some companies forecasting a 25% drop in GAAP revenue growth, but a 50% improvement in Burn Multiple. See the numbers in our latest Flash Update here:
@tszzl
@MightyApp
Edge computing will take on a new meaning. Megaclusters at the literal edge of the universe, whose pure task is to entropically expand the frontier. Why? To increase our TAM, of course.
@peachblvd
Legacy institutions inherently protect the legacy status quo. Unless something breaks they have no reason to change. If tech accelerationists it’s don’t push the envelope and force legacy institutions to change then they never would.
@pitdesi
I don’t see anything wrong with this. Good to see govt take a stand against hate and unnecessary bloodshed. There’s def other problems to work on too, but I don’t think that should detract from this resolution.
@_rxmee
Now I’m wondering who Murray is. Did they just come up with the name? Are they a friend? Are they actually a ride share driver? What if Murray is a self-driving taxi? Will we ever really know the truth? It’s a holiday mystery.
While stocks are back at all-time highs, it’s still a tough time for a lot of cash-strapped startups that are trying to balance growth with efficiency. Early signs from 2024 are looking positive - hopefully the trend continues and we see private markets rebound this year as well.
In terms of the tech downturn, it looks like the worst is over. So, where do we go from here? We dug into the data to figure out how startups are reaccelerating into 2024, where the growth is coming from, and what operating looks like this year.
@nearlydaniel
@mickeyxfriedman
Oh you’ve never heard of kuber-neets? It’s like Uber but for containers. I know it sounds a bit contrarian but I think it could really take off.
We just published our latest Scale Studio Flash Update. Surprisingly, we did not see a sharp increase in churn in Q1. Instead, we saw companies optimize their spend by pushing back more on upsell and pricing, and a general slowdown in new deals.
@scalevp
@mllichti
@themichaelalt
@conorsen
Saying “CPI has peaked” implies the following periods would have negative GROWTH (i.e., contraction). Conor is saying negative growth, not negative absolute CPI. Negative growth = decrease in CPI (still above zero).
@rao_hacker_one
@debarghya_das
I think the main point is that it’s hard to find what you’re actually looking for. Even if you see more matches, if none of those are an actual fit then it’s still a loss.
@swimmingmohit
@kairyssdal
@matt_levine
From what I understand the $1B back-out is only possible if Twitter misled Elon as part of the deal. IF he backs out without a legitimate reason Twitter could sue to force the deal or a settlement (like Tiffany and LVMH)