E

[Kev @OCNiner49]

I have a feeling Space X will go from $135/share down to $50-$60, then back up to $70, then crash to $40/share. That’s where I’ll get in around $40-$45/share

[AT @_annatx]

He’s actually the funniest person on this planet sorry, this homelander behaviour has turned me into a fan

[Buck @BuckOnTwidder]

i am raising $650 at a $12m valuation for a generational nyc weekend

[Kroko bolso @KrokoBolso]

ese día fue el peak del Cristianismo. El tipo venía de ganar tres champions seguidas y una euro y en el primer partido del mundial se garchaba el solo a españa

[Tanning Salon Don @TheSalonDon]

The fascination with rich people buying cheap stuff is silly

The dude hasn’t flown commercial in 30 years

If he likes Suit Supply it’s not some noble act deserving praise

Just like it’s not a noble act when someone with a job eats a 7/11 taquito

[Fredrik’s personal @TheEditorDiary]

Gooooorgeus - holy shit. The Guardian, I am standing in my loving room applauding

[MrBujok @BujokMr]

Do you guys not see what is clearly going to happen

[Himanshu Tyagi, IFS @Himanshutyg_ifs]

Crocodiles don't die of 'old age' in the traditional sense. If protected from starvation, disease, & accidents, they can easily live for over a century.

Unlike most mammals, which stop growing after adulthood, crocodiles grow throughout their lives, as long as they have sufficient food & suitable habitat.

Crocodiles are cold-blooded. They rely on external heat to regulate body temperature; their metabolism is very slow, & they can survive for months without food.

This particular crocodile, Henry, was notorious as a man-eater in the Okavango River, having killed multiple people in the early 1900s.

A hunter named Sir Henry Neumann was sent to catch and kill this problem animal. Instead, he captured the crocodile alive & transferred it to a conservation centre, & so it was named Henry.

Henry has fathered >10,000 offspring and remains reproductively active at >125 years of age.

Every species, in its own way, is extraordinary.

[aoun @sebastianmufc95]

Might be one of the best ads I’ve ever watched

[Matthew 🛸 @DamnCoffee007]

The fucking music man.

[Ari Paul @AriDavidPaul]

SpaceX IPO running the crypto ICO pump playbook. Launch with a tiny % of float at a sky high valuation. Incorporate into exchanges and other products to normalize the “paper” valuation. Exit as much as you can over next couple years.

https://t.co/jbwsC04ikc

[Alex Johnson @AlexH_Johnson]

Ramp just raised $750M at a $44B valuation, which is roughly 44x their current revenue.

I'm impressed by the level of conviction Ramp has been able to instill in the investors that have poured roughly $3B into the company since 2019, including, most recently, the Ontario Teachers' Pension Plan.

Personally, I'm not sure I get it.

I admire Ramp. It's a super smart company that has a genuinely strong handle on AI and is growing and shipping product extremely fast, but $44B?

That's more than PayPal, which currently has a market cap of $38B on $32B in revenue.

"Fine," you might say. "PayPal is an absolute mess. Ramp should be worth more than it."

OK, what about Fifth Third? It has almost $300B in assets and generated $9B in revenue last year (good for $2.5B in profit). Its market cap is currently the same as Ramp's valuation.

"Yes," you acknowledge. "Fifth Third is a better-run company than PayPal, but it's a bank. It's slow. Looking forward, its growth trajectory is very modest. Ramp's growth potential makes it a much better bet."

So, what about Affirm? Affirm is just as smart as Ramp. It has just as strong a handle on AI as Ramp. It's profitable and on track to generate more than $4B in revenue this year, which would be a 33% increase year-over-year. Affirm's market cap is currently $22B, half of what Ramp was just valued at.

That just doesn't seem correct.

Something is being mispriced and my hunch is that it's Ramp.

But we won't know that until it goes public, if it ever does.

[“paula” @paularambles]

the tech market is so bad that apparently a college kid in canada got a google internship by meeting a google engineer at a furry convention and now a bunch of CS students are seriously considering becoming wolves

[Nike @Nike]

It was all going to plan until instincts took over…

Rip The Script

[six ppl in the room told prez @_prezidente]

KAT is so gifted he makes ppl think 7 footers driving at the speed of guards is a thing most seven footers should be able to do

[Hensen Juang @basedjensen]

I will never get over the fact Jensen is your typical Canton uncle. Every single uncle I know would do exactly this if you hand them your wallet.

[Samir Vasavada @samir_vasavada]

When “disciplined” investors abandon their zone of genius, it’s usually a sign the cycle is peaking.

Benchmark launching a growth fund. Fintech funds leading defense co rounds.

Greed is a hell of a market indicator.

[Restructuring__ @Restructuring__]

Social Media: lawyers are cooked

Reality:
- Big law just increased salaries $10-20k
- New big law class started out at $235k/yr. base
- 5th year associates making ~$500k/yr. +
- No bonus variability
- All cash

[John Arnold @johnarnold]

A large liquor store can carry 5000+ different wines. Most consumers recognize only a few, loyalty is weak, quality is opaque, the industry is highly fragmented, direct to consumer is limited, and wholesalers are mandated many places. Wineries must be the worst business ever.

[E @30005k]

@AlecStapp @paulnovosad Is there a list of the individual names?