When you look around the poker table and wonder who the sucker is, it's you. because not because it's a bad business, just because what's happening is this is not a financing event anymore. They're not raising money for anything other what's really going on is people are unloading shares.
AI tokens are profitable incredibly profitable. When you have something profitable, everybody wants to make more of it. Great demand, great profitability. The conditions are exactly right for the work that we're doing right now.
We used to discover information through traditional media and journalists. Now, we discover it through markets. And when enough people have money on an outcome, markets often become the fastest aggregator of truth.
You have what is in my opinion the greatest degree of manufactured scarcity ever in an IPO and this is about to be the greatest transfer of wealth from retail investors since crypto
Companies don't unilaterally trade at 1x revenue. Like that's that that's sort of a given in this article. It's sort of presupposed that if you're doing 1.8 billion in revenue, uh, you would trade above a billion dollars.
If you can do it and then I can do it and then Tyler can do it and then and then anyone with access to a coding model can build it very quickly we're going to erode each other's markets and trade market cap very quickly
if one or two places can change their relative importance in technology within such a short time span, you know, five to seven years, and it's not just China, you know Canada, for instance, the outsize role that it has played in AI research.
Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity.
7mo ago
Underscored — save the words that stop you in your tracks.
