Alex Agut

🇪🇸 Spaniard. Entrepreneur. Dad.
🔥 Miami Heat fan
@handcashapp (exit 2024)

[Alex Agut @apagut]

Two years ago I sold my company.

I thought the next chapter would be simple. It wasn’t.

I’ve been in Andorra since 2021. It’s beautiful, my daughter was born here, and it will always be special.

But with ~80k people (mostly freelancers and retirees), no real network, and the nearest airport 3 hours away, it’s not the place for someone in their 30s who still wants to build.

I aimed for the US but couldn’t get the visa (long story involving a law firm in Florida).

So, after much consideration, I'm moving to Dubai.

I’ve been an entrepreneur most of my life.

Right now I want to join something that’s already big, in motion, and fun. I don’t want another remote-only chapter.

I want an office, a team I see daily, big challenges, and high standards.

It took me a while to admit that staying here meant I couldn’t become who I want to be.

I can’t stand that any longer.

At HandCash (CEO & co-founder) I ran product, design, and marketing. I raised money, hired, and led teams.

We tackled some of the biggest challenges in crypto/fintech and I’m proud of what we shipped.

The team came up with some of the most relevant innovations in our sector.

I’ve been deep in AI since before it was cool. In 2016 I led Accenture’s first AI division in Madrid for a year (until we raised €1M for HandCash!)

People who’ve worked with me usually say I’m honest, and my former employees always said I was a great leader. (Don't take my word, ask them!)

If you know a founder or executive in Dubai building something cool in AI, robotics, or fintech, please share this with them.

I’d love to have a coffee in the coming weeks. I land in Dubai on Nov 10th.

DMs are open or email me at [email protected]

If you’re reading this, help me by sharing it.

Thanks.

PS: This is a photo of me and Rafa, my co-founder in multiple startups! 2018... this is the biggest office we had lmao! I think you get it now.

[Klaus Brave @klausbrave]

Made a fun little Mr. Sandman quartet with @jamesonhodge’s CHIMERA.

Every voice is generated as real-time singing from a synth simulating vibrating vocal folds and sound waves travelling through changing mouth shapes.

[BrandonC @BGCryderman]

This is what building from first principles looks like.

[Alex Agut @apagut]

@Consigliere909 @TheHeatCentral Unless you build a wall.

[Alex Agut @apagut]

@elonmusk Thanks!

[hectorvfx @hectorVFX]

Me encanta cuando ves el trabajo de gente que sabe lo que está haciendo

[Alex Agut @apagut]

@laveulliure Per què serà que la gent no vol pagar 1M€ per un zulo a reformar? Misteris, misteris.

[Alex Agut @apagut]

@WadexFlash

[Alex Agut @apagut]

@ChefTrillie the giannis experience

[Codez @0xCodez]

Andrej Karpathy:

“A 1B model can be much more effective than most current LLMs.

90% of current models waste a ton of capacity and money on remembering stuff that doesn’t matter.”

here is his 5 core thesis about Small LLM’s:

1. the intelligence was never the knowledge. Strip the memorized internet, keep the reasoning. What’s left is the cognitive core, and it’s small.

2. the core might fit in ~1B params. Maybe less. “Plenty of room at the bottom.” We’ve been paying for a library when we needed a brain.

3. size stopped being the bottleneck. What makes an agent work is the tools it can call and how tight the feedback loop is, not parameter count.

4. intelligence lives in the system, not the weights. A raw LLM is a CPU with no OS. Small core + good harness > giant model alone.

5. you can own it. A model on your hardware is one no one can rate-limit, price-hike, or deprecate on you.

in 12 months the gap between teams shipping on-device and teams paying per-token frontier bills won’t be capability.

TwIL an 8.8B model at 90%+ of frontier isn’t a benchmark flex.

It’s the thesis Karpathy’s been repeating all year, made real.

study more on this below ↓

[Alex Agut @apagut]

@jasperrr06896 Cría fama y échate a dormir.

[Alex Agut @apagut]

@Kingcannibal12 @WadexFlash Facts

[Alex Agut @apagut]

@marclou in big 2026? get the money

[Virat Singh @virattt]

This is the future.

[Alex Agut @apagut]

@SerbianMamba_ tyler dropping 50

[Alex Agut @apagut]

@brandonbryant02 you need your fix

[Alex Agut @apagut]

@PingaP305 sir it's niko's fault

[Alex Agut @apagut]

@MyselfDotStudy Dale! Thank you so much. Cool, I will check it out!

[Alex Agut @apagut]

Two years ago I sold my company.

I thought the next chapter would be simple. It wasn’t.

I’ve been in Andorra since 2021. It’s beautiful, my daughter was born here, and it will always be special.

But with ~80k people (mostly freelancers and retirees), no real network, and the nearest airport 3 hours away, it’s not the place for someone in their 30s who still wants to build.

I aimed for the US but couldn’t get the visa (long story involving a law firm in Florida).

So, after much consideration, I'm moving to Dubai.

I’ve been an entrepreneur most of my life.

Right now I want to join something that’s already big, in motion, and fun. I don’t want another remote-only chapter.

I want an office, a team I see daily, big challenges, and high standards.

It took me a while to admit that staying here meant I couldn’t become who I want to be.

I can’t stand that any longer.

At HandCash (CEO & co-founder) I ran product, design, and marketing. I raised money, hired, and led teams.

We tackled some of the biggest challenges in crypto/fintech and I’m proud of what we shipped.

The team came up with some of the most relevant innovations in our sector.

I’ve been deep in AI since before it was cool. In 2016 I led Accenture’s first AI division in Madrid for a year (until we raised €1M for HandCash!)

People who’ve worked with me usually say I’m honest, and my former employees always said I was a great leader. (Don't take my word, ask them!)

If you know a founder or executive in Dubai building something cool in AI, robotics, or fintech, please share this with them.

I’d love to have a coffee in the coming weeks. I land in Dubai on Nov 10th.

DMs are open or email me at [email protected]

If you’re reading this, help me by sharing it.

Thanks.

PS: This is a photo of me and Rafa, my co-founder in multiple startups! 2018... this is the biggest office we had lmao! I think you get it now.

[Alex Agut @apagut]

@chatbsv lol thanks

[Alex Agut @apagut]

@peakethefreak Facts, bro. Facts!