Matt Higgins

Co-Founder & CEO @RSEVentures
Co-Founder @PDW_ai
Executive Fellow @HarvardHBS
WSJ Bestselling Author, Burn the Boats
Recurring Shark on Shark Tank (USA & Dubai)

[Matt Higgins @mhiggins]

For more than a decade, the United States has been dependent on foreign technology and has lacked a domestic drone component ecosystem. This financing would allow us to build the components necessary for a thriving, sovereign dual-use drone industry and help to secure our nation's industrial future.

We at @PDW_ai are so honored to serve this important mission. 🇺🇸🇺🇸🇺🇸

[Department of War CTO @DoWCTO]

The @DeptofWar’s Office of Strategic Capital announced an $820 million conditional loan commitment with Performance Drone Works (@PDW_ai) to expand domestic manufacturing for critical drone components.

This financing will establish a new, high-volume source of domestically manufactured components for Group 1 and Group 2 unmanned aircraft, strengthening the U.S. drone industrial base and addressing critical supply chain bottlenecks.

ACHIEVING AMERICAN DRONE DOMINANCE

[Matt Higgins @mhiggins]

https://t.co/EWKWPwymPY

[Marina Medvin 🇺🇸 @MarinaMedvin]

French news CNews reported this morning that the rioters had addresses of Jewish shop owners and that, on one Marseille street, all Jewish-owned businesses were set on fire while Muslim-owned ones were not.

[Matt Higgins @mhiggins]

Every time the media runs a a video montage of France literally burning, and underneath a caption calling the people doing it “protestors” instead of rioters, I wonder:

Whose feelings are we protecting?

[Michael Mignano @mignano]

Agentic obliteration is coming.

Entire markets were reorganized around the internet in the early 2000s. Tower Records, Blockbuster, and the Yellow Pages fell, and iTunes, Netflix, and Google took their place, taking advantage of cheap distribution.

It happened again in the 2010s around cloud and mobile. BlackBerry, Kodak, and taxis fell, and the iPhone, Instagram, and Uber took their place, taking advantage of a computer in everyone’s pocket.

Now it’s going to happen with agents. Incumbents can’t simply tear down their UIs and business models to pivot. Public shareholders won’t allow it. Access to intelligence has been democratized, and categories that have historically monetized gatekept institutional knowledge will be most susceptible.

Law is obviously at risk (Harvey and Legora are exploding). Medicine will also change (Doctronic is already renewing prescriptions in Utah). And personal finance will be equally challenged.

Should be an interesting decade.

[Matt Higgins @mhiggins]

@surgicalcaps So great

Empty chairs and empty tables…

[Matt Higgins @mhiggins]

@surgicalcaps I can hear the people sing

[Matt Higgins @mhiggins]

@surgicalcaps Never

How dare you

Seen that at least 8 times in my life

[Matt Higgins @mhiggins]

@mhiggins Prove me wrong?

[Matt Higgins @mhiggins]

Sad and angry about France.

Frogs in boiling water.

[Matt Higgins @mhiggins]

Crazy banking stat from FT:

JP, BofA and Wells Fargo carry $1.6 trillion of ZERO interest deposits.

Paying 3% would wipe out half their earnings.

So the big banks blocked the exits. No agents allowed.

What do you think happens next?

Meta probably buys a bank and rebrands it Muse Freedom or something to provide a warm off-ramp.

Simply put in your current interest rate (um zero) and tally how much you would make by porting over (a lot more).

Takeaway:

A business that depends on the customer being ill informed or lazy is doomed to succumb to the market equalizing forces of AI.

Just a matter of time.

[Matt Higgins @mhiggins]

Maybe not today, but that's before direct-to-consumer marketing is introduced.

imagine someone who currently is earning no interest on that 5K, which took them years to save, is educated that the money they are leaving with the bank and earning no interest on, the bank then takes that money and loans it to someone else, charging 7%. What if that person was made to feel ripped off? And the one doing the education is the agent they have already formed a relationship with and has given all sorts of really helpful nuggets on how to save money elsewhere - unclaimed judgements, travel, online purchases. Almost like a trusted life navigator. A muse, so to speak. They illustrate that you could make $150 a year doing absolutely nothing. “Hey Bob, doesn’t that sound good?”

Is $150 a year not worth clicking yes?

[Matt Higgins @mhiggins]

Maybe not today, but that's before direct-to-consumer marketing is introduced.

imagine someone who currently is earning no interest on that 5K, which took them years to save, is educated that the money they are leaving with the bank and earning no interest on, the bank then takes that money and loans it to someone else, charging 7%. What if that person was made to feel ripped off? And the one doing the education is the agent they have already formed a relationship with and has given all sorts of really helpful nuggets on how to save money elsewhere - unclaimed judgements, travel, online purchases. Almost like a trusted life navigator. A muse, so to speak. They illustrate that you could make $150 a year doing absolutely nothing. “Hey Bob, doesn’t that sound good?”

Is $150 a year not worth clicking yes?

[Matt Higgins @mhiggins]

Crazy banking stat from FT:

JP, BofA and Wells Fargo carry $1.6 trillion of ZERO interest deposits.

Paying 3% would wipe out half their earnings.

So the big banks blocked the exits. No agents allowed.

What do you think happens next?

Meta probably buys a bank and rebrands it Muse Freedom or something to provide a warm off-ramp.

Simply put in your current interest rate (um zero) and tally how much you would make by porting over (a lot more).

Takeaway:

A business that depends on the customer being ill informed or lazy is doomed to succumb to the market equalizing forces of AI.

Just a matter of time.

[Matt Higgins @mhiggins]

@BillAckman They’re just blowing off steam

[Counter Unmanned Systems @CUAS_NEWS]

PDW 🤝 The Fourth Law🤝Odd Systems

🇺🇸🇺🇦 PDW (@PDW_ai) reported signing of a non-binding MoU with Ukrainian defense technology companies The Fourth Law (@thefourthlawai) and Odd Systems (@SystemsOdd).

Under the MOU, the companies plan to evaluate camera integration, technical performance, and the requirements for U.S. production. PDW is intended to serve as the U.S. production and industrialization partner for The Fourth Law and Odd Systems.

According to PDW, the companies also intend to establish thermal-sensor fabrication in the U.S. as part of Project Foundation.

Learn more >> https://t.co/6zraD6hXW8

[Itai Cellier @hikelikeme]

תקשיבו זה הסרטון הכי מטורף שראיתי עד עכשיו. תראו איזה זעם ואיזה טירוף. יש פה איבוד שליטה טוטלי של כוחות הביטחון במרסיי. לא ברור מה הולך להתרחש. אם מקרון לא יפעיל את החוק משנת 1955, יכריז על מצב חירום, יפעיל את הצבא וירחיב את סמכויות המשטרה - צרפת בסכנה רצינית. הבנאדם לא באירוע!

[Matt Higgins @mhiggins]

@APompliano This is absolutely true

Shitty way to live but only way to avoid dying.

In business at least.

[Matt Higgins @mhiggins]

@APompliano A press conference

[Matt Higgins @mhiggins]

@vc

[Matt Higgins @mhiggins]

@unusual_whales The one great utility of an agent

[KevOnX @KevvOnX]

Recommend all of my followers to check it out.

[Matt Higgins @mhiggins]

@KevvOnX Thank you 🔥⛵️