Andrew Hassard

blah blah bikes

[ACORN the union @ACORNunion]

Jim Ratcliffe loves welfare. He just thinks it should be for billionaires.

[Matthew Chang @MatthewChang]

Allow me to interpret what’s happening.

Anthropic is being audited.

Anthropic desires to file an S-1, as they would like to go public. Therefore they need an audit. And by “they”, I mean the VC’s who invested in them. So “they” can exit their position and pass the bag to firemen, nurses, teachers and policemen.

How does this go from the VC’s to the working man and woman? Because the size of the IPO will automatically qualify Anthropic for the Fortune 500 and the Dow Jones 100. Therefore, every working person with a 401k or pension will end up owning a little bit of Anthropic in their mutual funds. Teachers hold the bag, VC’s take the cash. Thank you, come again.

Now back to the audit. The audit required is a PCAOB audit, Public Company Accounting Oversight Board. This audit is what all public companies must comply with be on the stock market. Revenue recognition, expense classification, depreciation, related party transactions, etc. It’s there for consumer protection.

This audit is TOUGH. It is INVASIVE. There is no way to lie your way through it. Any company that passes a PCAOB audit automatically earns my trust on finances.

How do I know? Because I’ve been through it before. @ChangRobotics is 2 year PCAOB audited and currently underway for a 3 year audit. It’s brutal. The same as showing up as the valedictorian to your high school graduation, except you’re naked, and you have to walk on stage and deliver the speech. It’s rough. And I know many incredible founders that can’t pass one.

Now, why would Anthropic be leaking all kind of weird statements lately about “self pacing” a slow down on AI (e.g. they are WAY behind on revenue), and profitable if they didn’t have expenses (e.g. we just learned for the first time what our expenses are, because we’re being audited).

Because they were claiming NVIDIA discounts and Microsoft cloud credits as revenue. Because they had no clue what their expenses were, or why it even mattered. Because they had unlimited investor capital and their job was to burn it to make an LLM. Well, they did a great job with that!

That’s the same as my wife coming home with Bed Bath and Beyond coupons and telling me it’s her paycheck. Ummm, not the same, sweetheart.

So by now hopefully you can see that Anthropic is in a PCAOB audit right now, in order to file an S-1 and go public, and pass the bag to teachers so the VC’s get profits. And hopefully that explains their “crazy” behavior.

In reality you can be grateful to KPMG, PWC, or whoever is auditing Anthropic, because it’s the first time Dario learned that:

1) we are not profitable
2) expenses matter
3) coupons are not revenue
4) we have no clue how to be “profitable”
5) growth is hard when revenue numbers are in an audit and not a power point

-your neighborhood engineer

[Zoe Gardner @ZoeJardiniere]

🙄🤦‍♀️

[Feargal Sharkey @Feargal_Sharkey]

It rained....

And as predicted on @LBC with @HenryRiley1 not 48 hours ago.

Anything in brown is sewage being dumping into the environment right now, in real time, anything in red is sewage dumped over the last 24 hours.

[Alastair Morgan @AlastairMorgan]

I think the whole UK should follow Wales and legislate to prosecute politicians that lie to the public.

[Trevor McArdle @McardleTrevor]

Inflation “unexpectedly” fell by 0.5% to 2.8%

Growth was an “unexpected” 0.7% - the highest in the G7

Net immigration “unexpectedly” fell by 82%

NHS “unexpectedly” met it’s interim 18 week target

Our media have so deceived the public that all positive news is now “unexpected”

[Withnail Jones @withnailjones]

I’m hearing that Andy Burnham has purchased a meal deal at WH Smith in Euston station. Beth, Sam and Sophy are en route to ask the checkout assistant what flavour crisps he chose.

Meanwhile Nigel Farage trousered a £5m bung and didn’t declare it.

Back to the crisps story.

[The Rev. Anton Mittens 🌹👮🎓 @MittensOff]

The real story shouldn't be Starmer it’s this. Ben Habib casually dropping an allegation that Nigel Farage and Boris Johnson were each handed £1m by Christopher Harborne to fix an election. Truly astonishing claims but sure, let’s all pretend the headline issue is Starmer. The £5m bung is the tip of the iceberg, our press should be camped outside Farage's girlfriends house not 10 Downing Street waiting for the police to arrive #ReformUK #Farage

[We Own It @We_OwnIt]

🚨BREAKING

The Mirror has just exposed how private hospitals are leeching off our NHS.

They take money from patients to treat them, but when things go wrong, the NHS has to clear up their mess.

It is time for Wes Streeting to build up the NHS to stop people going private.

[Furkan Gözükara @FurkanGozukara]

James O'Brien completely exposes the terrifying dark axis operating in Europe. He connects Nigel Farage directly to Vladimir Putin, Steve Bannon, and the recently toppled Viktor Orban. Right wing politicians are actively working as Kremlin assets to destroy the West.

[Brian Allen @allenanalysis]

🚨 BREAKING: Rep. Ted Lieu says the full Epstein files contain information that Donald Trump RAPED minors.

So he started a war to distract us from his crimes.

Never stop speaking about Epstein.

[Vatnik Soup @P_Kallioniemi]

The Court of Arbitration for Sport has rejected Vladyslav Heraskevych's lawsuit against the IOC

Shameful and morally bankrupt.

[Liz Webster @LizWebsterSBF]

✅ Well said 👏 @matthewsyed

You can’t wrap yourself in the Union Jack, denounce immigration, and then move to Monaco to save £4bn in tax.

His language is toxic, and the hypocrisy is staggering.
#JimRatcliffe

[Trevor McArdle @McardleTrevor]

Starmer:

Not mentioned once in the Epstein Papers

Bad judgement call over Mandelson

Press - Go!

Farage:

Mentioned over 40 times

Bad judgement call over Nathan Gill

Reform “treasurer” Nick Candy linked professionally to Epstein

Bannon was Farage advisor

Press - Drive on!

[Andy_R @ajrich67]

@ITV @SixNationsRugby Who told you British sports fans would be happy for you to spoil the Six Nations viewing experience, by crassly introducing American style in-match advertising ?
Commercial greed at the viewers’ expense, absolutely shameful.

[Will Hamill @willhamill]

I'm sorry, ITV are splitting the screen and broadcasting an ad right in the middle of the actual match?? Is this for real? Can we not send people to jail for this? #SixNationsRugby

[Michael Albert, MD @MichaelAlbertMD]

You can ignore the science, but you can't ignore the consequences of ignoring the science.

[Maine @TheMaineWonk]

Say what you want, but @GavinNewsom is really good at this.

[Dr Rachel Clarke @doctor_oxford]

🧵/ Today a damning parliamentary report on the state of palliative care services in England was published.

Services are patchy, underfunded & “ill-equipped” to address end-of-life needs.

Bereavement support is “frequently inaccessible.

The palliative care workforce is in a “critical” situation”.