Glade Brook Capital Partners

Building high-conviction, concentrated positions in leading private technology companies.

[Glade Brook Capital Partners @GladeBrookCP]

@SawyerMerritt @SpaceX This will age like the quote from then–Time Warner CEO Jeff Bewkes, in a December 2010 New York Times interview when asked whether Netflix was a threat to Hollywood:
“It’s a little bit like, is the Albanian army going to take over the world? I don’t think so.”

[Sawyer Merritt @SawyerMerritt]

AT&T CEO says SpaceX's phone strategy is not "viable" and that AT&T is the real disrupter, not @SpaceX.

"Satellite, at its best - if everything happens right over the next 10 years - is still not going to beat fiber."

On SpaceX's plan to install small cellular base stations alongside Starlink dishes on homes and businesses, AT&T CEO John Stankey said: "It would cost as much to do that as it would to build a macro network to be able to handle those capabilities. There's all kinds of other issues, like you can't radiate cellular signals from somebody's house without their permission, unless somebody changes the law on that. We can go down a whole bunch of reasons why that won't effectively work."

The AT&T CEO ended by saying: "I think we're the disruptor."

[Glade Brook Capital Partners @GladeBrookCP]

SpaceX Starship orbital + Starlink V3 🚀Saronic Marauder US Navy win 💥Stoke Space $1B Series E 🚀EliseAI @ $4B 💥Pixxel Series C 🛰️Databricks @ $190B ✅ Base Power @ $13B ⚡️busy month…and more cooking…

More than headlines, the pace of innovation is accelerating 🚀🚀

[Robin @xdNiBoR]

Here is the full talk from SpaceX CFO Bret Johnsen (@BretWJ) at todays Goldman Sachs Communacopia and Technology Conference.

Some interesting highlights:

04:31 - Flight 14 later this month is the first revenue Starship flight
06:13 - First orbital compute satellites next year, scaling hard into 2028
10:02 - On track for $100B ARR by year-end (annualizing December)
10:12 - Closed another hosting deal earlier this month worth 1.11B a month
29:39 - Direct-to-device satellites next year, service on in 1H 2028
30:41 - Next Starlink mobile is full 5G-quality from space

[Glade Brook Capital Partners @GladeBrookCP]

@SpaceX @stripe @databricks @Revolut @tryramp @stoke_space @Saronic @armada_ai @basepowerco @neuralink @physical_int @chaidiscovery @cusp_ai We're long overdue joining X (and we don't have an excuse as SpaceX and xAI have long been two of our core positions). If you'd like to explore ways to work together, please reach out directly.

[Glade Brook Capital Partners @GladeBrookCP]

Glade Brook is officially live on X! We're excited to share more about the firm, our research, and how we hope to contribute to the conversation.

[Glade Brook Capital Partners @GladeBrookCP]

As AI scales and industrial and societal transformations unfold, information asymmetry and misinformation are pervasive. We've grown Glade Brook intentionally outside the spotlight, but we believe now more than ever it's important to open source our views where we can add differentiated, well-informed insight.

[Glade Brook Capital Partners @GladeBrookCP]

Fired up to launch our X account 🚀