TBPN

Martin Shkreli Breaks Down the Collapse of Situational Awareness

The 80 or 90% of the assets shareholders don't change hands. It's that 5% of the margin that's deciding the price. And if that 5% is in the state where they're they're levered up 3x or 4x as we heard uh SALP is uh was a 4x levered fund, which is that's a lot of leverage. You know, a 25% draw down takes you out of business.

Diet TBPN

The Collapse of Situational Awareness, Ferrari Luce Stays on Track for 2026 | Diet TBPN

When leverage is involved, things just move so so so fast, right? You remember with FTX, there's kind of some rumblings, a couple couple posts from SPF saying like we're fine, it's all good, and then it was over. And then the same thing with SVB, like couple rumblings, maybe like a a couple weeks, a week beforehand, few posts here and there, and then it just moves so so fast, right? quite a bit different than traditional venture world where when a company's dying it dies over two, three years often sometimes more.

TBPN

🟣 The Collison Brothers LIVE on TBPN

AI is making every little step of entrepreneurship slightly easier, like slightly easier to incorporate, slightly easier to create a contract or to hire somebody, slightly easier to create an ad, and then you add all of that together.

EconTalk

The Unseen Work: Stewart Brand on Maintenance and Civilization

maintenance, the quiet act of keeping things going, turns out to be the hidden force behind success and failure in nearly every domain of human endeavor.