Andy Baldacci

Gambled for a living for a decade, now running @sabersim

[Alice Smith @TheAliceSmith]

If Elon Musk’s one trillion could do so much good, then why haven’t all our multiple trillions in tax solved all the world’s problems before now?

[Andy Baldacci @AndyBaldacci]

Third party providers are charging what the market will bear, not what it cost them to build/maintain their system. When a government says "you need to use this," that's a market that will bear a lot.

Enterprise deals with those companies easily could cost what Kalshi says it does, because most companies view it as regulatory insurance.

Kalshi placed a bet that they could do it themselves for orders of magnitude cheaper while staying compliant. It looks like they were wrong about the last part, but the fact that they only spent $171k is why they placed the bet.

Whether it was a good bet is a separate decision, but doesn't make their original statement wrong.

[tetsuo @tetsuoai]

History's first trillionaire is a guy who catches rockets out of the sky with chopsticks and beams internet to every dead zone on the planet.

Same guy ships cars that drive themselves, humanoid robots for the factory floor, brain chips that let paralyzed people move a cursor with pure thought, and an AI running on a supercomputer his team stood up in months instead of years.

And the people crashing out about his net worth are doing it on the app he owns. The same app governments spent years trying to censor.

You cannot legislate a rocket into orbit.

[Andy Baldacci @AndyBaldacci]

@Wildlaw406 This is so rare and it drives me insane. Risk is not a binary thing.

[Negligible Capital @negligible_cap]

Mayors and governors should be required to have quarterly earnings calls

“Tax receipts came in light versus guidance due to weaker restaurant traffic, elevated public transit shrink and Ken Griffin moving half of Citadel to Miami.“

Then 45 minutes of hostile analyst Q&A from citizens

[Andy Baldacci @AndyBaldacci]

@moseskagan Yea, it’s definitely doable to fish in multiple ponds, just adds complexity vs staying in one pond.

[nick kokonas @nickkokonas]

many years ago Bono was on (I think) Letterman and he said, In Ireland you look up at the rich guy on the hill and say, Someday I'll *get* that guy.

In the US you say, Someday I'll *be* that guy.

I can't find the video, but it stuck with me.

Sadly, we're becoming the former.

[Andy Baldacci @AndyBaldacci]

@amix3k Couldn't the same be said for AWS/GCP/Azure which have big margins?

[Andy Baldacci @AndyBaldacci]

@regyperlera the hard part isn't the app, it's scaling the contractor quality (like you said). if they figure that out, it's worth more than $199/mo

[Andy Baldacci @AndyBaldacci]

@JoshInEncinitas if the contractors they arrange are competent, I'd happily pay for this

[Stephen Fleming @StephenFleming]

There are going to be a helluva lot of parking lots in France with exactly 79 spaces.

[Hvygens @Hvygens]

Lee Kuan Yew: "I ignore polling as a method of government. I think that shows a certain weakness of mind. An inability to chart a course. Whichever way the wind blows, whichever way the media encourages the people to go, you follow. You're not a leader."

[Andy Baldacci @AndyBaldacci]

@goldenpants013 @bttsports Pretty easy to fix on the UI, no? User puts in the amount they want to bet and it shows the weighted price they will pay

[PFT Commenter @PFTCommenter]

Thank u for your service, patron 🫡

[Andy Baldacci @AndyBaldacci]

@RubyBrewsday @typesfast @levelsio Ok, so what if the solo founder only hires somebody with a lot of talent?

[Kevin Dalton @TheKevinDalton]

Days after last year’s Palisades and Eaton wildfires, several heroic Los Angeles residents tackled and zip-tied a man starting fires with a blowtorch in their neighborhood.

Los Angeles Police Department arrested 34-year-old Sierra-Leyva for a felony probation violation, but somehow determined that even though he was starting fires with a blowtorch, it wasn’t quite enough for an arson charge.

I hope you’re sitting down because it turns out Sierra-Leyva is an illegal immigrant with a lengthy criminal history and is suspected of starting other fires.

I hope you are still sitting down, because a Van Nuys jail ignored an ICE detainer and released him. Fortunately, ICE was there and immediately re-arrested the arsonist.

[Andy Baldacci @AndyBaldacci]

@mckaywrigley i'd love to try this

[Andy Baldacci @AndyBaldacci]

@Altimor while not the critique the OP made, the problem is that Ramp's customers are not representative of the makeup of the overall economy.

it's absolutely a strong signal, but I can't imagine large enterprises are paying multi-million dollar annual contracts on a ramp card.

[Andy Baldacci @AndyBaldacci]

glad you're out of the 2025 milli-maker drought

[giantsquid @dfsgiantsquid]

Thanks @SaberSim !