Jerry Capital

Not selling anything.
Not investment advice.
Personal but public journal.
Arguing with you to spare my family.
DM mutual to unblock.
Canadian Propaganda

[Jerry Capital @JerryCap]

@rogersterling__ Totally!

[Jerry Capital @JerryCap]

Fuck Zuck and Wang

Wang was posting into equity raise

[Jerry Capital @JerryCap]

@SenRickScott NATO alley turkey is not liked by Isreal

[Jerry Capital @JerryCap]

@Ebrjw7 He buys more voting shares. It's simple!

[Jerry Capital @JerryCap]

Evergreen has the worst case of confirmation bias I have ever seen on this app. The guys monkey brain is celebrating Zuck changing the shareholder contract and seperating voting control from economic interest. True Retard: Blocked.

[Evergreen @evrgn11112231]

lol big babies out here

https://t.co/rdIDKD0h1S

[Mostly Borrowed Ideas @borrowed_ideas]

What is going to be market share of Muse in terms of DAU of “personal AI agents market” in 2030?

[2001 Live @25YearsAgoLive]

Microsoft releases a new messenger application for Windows 2000, called Windows Messenger.

[Jerry Capital @JerryCap]

@kvassily Who?!

[Jerry Capital @JerryCap]

PLZ TAKE AWAY MY VOTING RIGHTS PAPI!

[Evergreen @evrgn11112231]

Who cares?

Companies raise money to attack infinite TAMs at returns > coe

It’s cool when spcx / ant / oai / private markets do it but not scaled public company with more right to win

oh noooooooo not dilution
smh gtfo

dilute me pls papa @finkd

[Jerry Capital @JerryCap]

"According to recent reports, Rockstar Games plans to release the PC version of Grand Theft Auto VI within the first three months of 2027"

[Joe Weisenthal @TheStalwart]

Some centrists fantasize that because all LLMs have the ideology of Ezra Klein, that we may be on the doorstep of a great political moderation.

I wrote about a fascinating paper from @ahall_research and Sho Miyazaki that, to my mind, opens the door to a very different outcome.

[Jerry Capital @JerryCap]

Netanyahu Says Israel Must Prepare for Banking Sanctions, Floats Crypto as a Possible Bypass

https://t.co/SsO1jZtSkg

[Jerry Capital @JerryCap]

@JamesJstuartb Ohhhhh

[Jerry Capital @JerryCap]

@Ebrjw7 That's not true. He could maintain control like others by not selling shares.

[Ashlee Vance @ashleevance]

It is hilarious that super intelligence costs the same as Netflix

[Jerry Capital @JerryCap]

@SouthernValue95 @evrgn11112231 For whatever reason he likes to quote tweet me so I'm just following suit

[Michael Fritzell (Asian Century Stocks) @MikeFritzell]

Andrew Walker signing off

https://t.co/wQO3e82wIr

[Jerry Capital @JerryCap]

@litcapital Hard to flex when you're retarded though

[Jerry Capital @JerryCap]

@jaredkushner @VanityFair @grok @grok answer

[Jerry Capital @JerryCap]

@jaredkushner @VanityFair @grok is Kushners dad a criminal?

[Jerry Capital @JerryCap]

@QuahogCapital Ya he's absolutely wrong and has zero ability to analyze a business. There is a difference between being long term and just being an idiot. He's the later.

[Rihard Jarc @RihardJarc]

$META could finance $220B in CapEx in 2027 without needing to go for external financing (which is 50% more than they will spend this year on CapEx).

$META generated $133B in operating cash flow in the LTM. Next year, with modest revenue growth, they will probably be at the $140B-$150B mark (even with the $10B litigation charge). If they cut their Reality Labs spend, which is still $15-$20B per year, they get could get another $10B, which gets them to $160B. They also have $80B in cash on the balance sheet. Even if they leave $20B of cash and spend $60B in 2027, only $2.75B of debt matures, so their total spend can go up to $220B of CapEx spend.

In April 2026, they also raised $25B in bond issuances. If they did the same in 2027 (which I don't think the market would freak out about), that would get them to $245B in CapEx.

Either way you slice it, if it is $220B or $245B, they would have bought more compute than any frontier lab in 2027, and they would still secure their position in this AI infra race.

Given market conditions, if $META really believes they have to push the pedal this hard on CapEx to be in a strong long-term position, they should first clean house (especially in their RL spend) and look at other options before diluting shareholders at these valuations levels.