Meltem Demirors

thermodynamics enjoyer @CrucibleCap

[Meltem Demirors @Melt_Dem]

@itsvarora IRRs at top VC firms are >40% which is pretty fantastic IMO. early stage will always be high risk but depending on where you are in cycle the returns can be exceptional, esp w tax benefits.

[Meltem Demirors @Melt_Dem]

i don’t think anyone cares about VCs being top decile whatever i don’t even bother looking at the data

- do you return cash money
- are you interested / interesting
- are you surfacing new ideas and novel ways of seeing the world
- do people respect you

that’s all

[Meltem Demirors @Melt_Dem]

@navmannavman cash does, MOIC / TVPI etc is all very squishy

[Meltem Demirors @Melt_Dem]

@endowment_eddie Suds is awesome. Invested in his company and then backed his fund. 11/10 human.

[Meltem Demirors @Melt_Dem]

@masonnystrom everyone is top decile because they cherry pick how they report

[Meltem Demirors @Melt_Dem]

@thePalenimbus people cherry pick to make their fund top decile you know this

[Meltem Demirors @Melt_Dem]

@LD103006 everyone cherry picks MOIC and TVPI numbers, it’s all self reported

[Meltem Demirors @Melt_Dem]

@tokenoverflow everyone cherry picks the numbers to make themselves fit top decile

[Meltem Demirors @Melt_Dem]

@hypersoren @auchenberg bond street or bust

[Meltem Demirors @Melt_Dem]

agent sandboxes run on purpose built bare metal, cheaper and faster!

great new release from @nirvanalabsai - who knew four years spent optimizing high data throughput / egress for blockchain indexing would be so important for agents 🫡

[Nirvana Labs @nirvanalabsai]

3/ Nirvana Agent Sandboxes run on NKS worker nodes: VMs sealed by a lightweight hypervisor. Each sandbox is a hardened, unprivileged container. Two layers of isolation, plus a dedicated cluster per customer. You never share a kernel with another company.

[sam @samgoodwin89]

IaC is pretty close to a solved problem.

I just put money into the machine and pull the crank.

Out pops resources and a polished SDK.

[Meltem Demirors @Melt_Dem]

@arch_zer0 @CrucibleCap actuation in higher dimensional spaces is going to require an exponentially higher volume of data which requires more compute etc etc

the data ingestion and compression dictates the cost curve for what can actually be acted upon at a cost that makes sense

[Meltem Demirors @Melt_Dem]

1/ "physical AI" is about much more than robots.

the real opportunity is representing the physical world with information.

once reality can be measured, it can be modeled.

once it can be modeled, it can be priced, optimized, financed, and traded.

new research drop 👇

[Meltem Demirors @Melt_Dem]

@devonf @CrucibleCap made sense to me

[Meltem Demirors @Melt_Dem]

@CrucibleCap 5/ if you're interested in where AI meets industrial infrastructure and why data from the physical world may become the most valuable strategic asset of the next decade, give it a read

https://t.co/XmCawN8DhO

[Meltem Demirors @Melt_Dem]

@CrucibleCap 4/ the physical world is still massively under instrumented but we are in the early innings of a massive shift in the cost curve

the data center buildout is providing immense tailwinds - GPUs are expensive and simulating and monitoring them with better data is high ROI

[Meltem Demirors @Melt_Dem]

@standardnuclear @TVAnews welcome to team triso!

[Meltem Demirors @Melt_Dem]

pillar is a category defining company

many companies and novel financial instruments waiting to be built at the intersection of the industrial value chains and capital markets 🫡

[harsharamesh @harshavramesh]

Pillar's official copper price forecast for next week:

Up, unless the dollar moves.
Down, if the Fed says a word.
Sideways, if Hormuz does something.
Possibly all three by Thursday.

This is why you hedge the position, not the prediction.