Matt Slater

Managing Partner @StatelessVC | Past: Co-founded @Hedgyinc (acq. by @sendwyre) | Investor 100+ startups | techno-optimist (t,t)

[Matt Slater @MattSlater]

This is my 3rd Crypto Bull Market. While they are all different they share many similar patterns.

Here are some lessons from the 2017 crypto bull market.

#crypto #eth #btc #Bitcoin #defi #yieldfarming

[Matt Slater @MattSlater]

Inevitably everyone will use AI target prices just like mutual funds use Investment Banking price targets

https://t.co/X7BT6oVhsU

[solbier @solbier1]

We’re thrilled to be backing @fractile_ai , solving inference at the edge of what’s possible.

The current AI trend around infra and memory is deeply personal to me. A decade ago, I was part of a small team at Cruise pushing silicon to its limit. We were running perception and planning models on NVIDIA Titan with only 6GB of RAM & 2k CUDA cores.

The chips were on-device, power-constrained, thermally limited. The car's air conditioning wasn't designed to dissipate that much heat so we had to engineer custom cooling. Everything was duct tape and ingenuity. It gave me a deep appreciation for doing more with less, and for founders like @goodwin_ml at Fractile who operate the same way.

If you're the type who stares at the limits of physics and sees a challenge - reach out !

[The Wall Street Journal @WSJ]

Exclusive: The U.K. chip startup Fractile said it has raised a $220 million Series B funding round led by Factorial Funds, Accel and Peter Thiel’s Founders Fund https://t.co/V2UctHXjvT

[Matt Slater @MattSlater]

More of these stories coming

[Pirate Wires @PirateWires]

NEW: The AI Filmmaker Outrunning Hollywood

You may not know his name, but you’ve seen his work. LEGO helicopters rescuing an American fighter pilot in Iran; Marco Rubio adding frontier AI company CEO to his list of jobs; the ghost of Shinzo Abe saving Trump from ass*ssination...

Meet filmmaker Charlie Curran (@charliebcurran) — the man who is singlehandedly outrunning Hollywood, entertaining millions with his AI-generated content and even building his own studio, all while the rest of the film industry panics over the technology.

Unlike the “slop artists” Hollywood envisions taking their jobs, Charlie is devoted to the craft. He’s made movies for 20 years. Now, AI is just helping him scale his taste.

“[AI] is how you get an artistic revolution,” he says. “Young voices making new kinds of stories that weren’t financially viable in the studio system.”

Full profile from @eventidia 👇

[Ravi Sharma @ravishar313]

Biology will soon be an engineering subdomain

[Joshua Kushner @JoshuaKushner]

the industrial revolution made goods abundant. ai will do the same for services

[Matt Slater @MattSlater]

It continues to amaze me how behind the ball practitioners are on how ai is accelerating their field

Old paradigms and mental models need to be updated

Not all fields will 100% be accelerated by ai but need to look at everything from first principles to re evaluate if ai can change existing process

[factorialfunds @factorialfunds]

That change you’re feeling? Like the old way of pricing and modeling entire industries is being turned on its head? It’s been slowly compounding for a while now. When you look at the IGV/SMH ratio (tracking the relative performance of software against semiconductors) you see that this rotation out of software into chips isn’t new. It’s just accelerating.

[Matt Slater @MattSlater]

Any markets for trading compute futures?

What is the clearest expression of the thesis long inference demand

[nicolas, 30 ans @nic_carter]

It should be pretty obvious at this point that AI is a "force multiplier" not a "labor substitute".

It helps experts be better at things they are already good at. It doesn't let beginners match experts.

If you can't write, anything you write with AI will be unmitigated slop.

If you aren't a software engineer, anything you vibecode with AI will have security holes and won't be able to scale past a toy demo.

If you blindly trust AI to deliver on a research task without knowing the subject matter, you won't be able to fact-check it.

There's this weird misconception of AI as something that completely levels the playing field. I don't see it that way at all. There are mathematicians deriving novel lemmas with off-the-shelf models. Normal people can't do that.

AI is a tool that makes experts better. It doesn't make everyone into an expert.

[Matt Slater @MattSlater]

@tulipking How can it catch up if frontier models are gate kept?

[Matt Slater @MattSlater]

@AviFelman It’s not over ser. History is long. Attention spans are just fried

[Matt Slater @MattSlater]

@primal_diet Hey dm me have some ideas to share with you

[Matt Slater @MattSlater]

Eventually the only essential human skill left will be critical thinking and creativity.

I don’t hold this view per se, but output has always been valued > effort

The tools to get to the outputs have just changed

Book keeping: paper spreadsheets to computers/ quickbooks - same output

Perhaps schools will transition to teaching more critical thinking and creativity

[Tulip King 🌷 @tulipking]

When I was running technical interviews at Messari I told people to cheat: Google it, Go read the docs, Ask ChatGPT, ping a friend who knows the answer -- just screen share so I can see your thought process.

The only thing I cared about was your ability to get a problem solved:

Nobody ever took me up on the offer of literally pinging a friend lol, but I always thought that would've been sick. there's plenty of times in college and work i've relied on others to give me answers. That's not a bad thing, it says something meaningful about your social IQ and your ability to build a network of talented friends that can help you.

Most of startup life is really just solving one problem after another. I want to hire people who'll take all the help they can get whether it be ChatGPT or other. As a leader ask yourself "do i really care how this problem gets solved, or just that it gets solved?". Build a team of problem solvers.

[Matt Slater @MattSlater]

Congrats to Stateless portfolio company Ostium on closing their Series A!

[Nick Szabo @NickSzabo4]

@xenocosmography Since about 1990, the West has been socialists LARPing as capitalists, and China has been capitalists LARPing as socialists.

[Matt Slater @MattSlater]

@lbolord Bookmarking let’s revisit when it happens 🙏

[Matt Slater @MattSlater]

When I moved to the bay it was pretty common that everybody read his blog. Was definitely a cheat code to understanding startups and growth and what to focus on.

[loomdart @loomdart]

paul grahams blog is quite possibly the most insane treasure trove of absolutely banger short form alpha in existence

[Matt Slater @MattSlater]

Interesting as This was the same with BTC circa 2013-15

[JJ @JosephJacks_]

I have on good authority (my own) that the vast majority of top silicon valley VC firms hold $TAO .... and have for sometime. But they are too conservative to share that publicly.. which will change over time. Slowly, then all at once.

[goodalexander @goodalexander]

The only 2 macro trends that matter are the collapse of the debt based monetary system and the rise of superintelligence

Combined they virtually guarantee that fiat currency, as an experiment, will fail