EPISODE 151: The Myth of Michael Milken
@JTLonsdale talks with Richard Sandler -- Michael Milken's long-time lawyer -- about his powerful new book: "Witness to a Prosecution: The Myth of Michael Milken"
(00:00) Episode intro
(01:35) Richard's career & Michael Milken's legacy
(06:25) Why write this book?
(08:00) How Michael Milken transformed finance
(14:00) Why did they go after Michael?
(19:30) Using RICO to bring down Drexel
(22:30) Prosecutorial abuse & the power of government
(26:30) Why did Michael agree to a plea deal?
(33:25) Trump grants Michael a full pardon
(35:00) Lessons on government power, media influence & Michael's resilience
Today, we’re launching The Anduril Thesis, a 300-page book 2 years in the making.
Of 500+ companies we’ve covered, Anduril could be the most important of all.
Because if it mission is successful, it could single-handedly deter a catastrophic global conflict.
Here's the story:
This story is actually insane:
• dude drops $2000 on a DJI robot vacuum like a lunatic
• refuses to use the normal app like a peasant
• Sammy Azdoufal fires up Claude to crack the API so he can drive it with an xbox controller
• Claude delivers the goods
• pulls an auth token from their servers, connects successfully
• except the system thinks he controls 7000 vacuums
• checks again
• yep, seven thousand
• DJI built authentication with zero device ownership verification
• any valid token works for any unit on the planet
• Sammy now has eyes inside homes across 24 countries
• live vacuum camera feeds everywhere
• full floor plans from the mapping data
• some guy in germany eating cereal at 3am, unaware his roomba is snitching
• one API call away from being the most informed burglar in history
• all he wanted was to steer his vacuum with a joystick
• does the right thing and reports it
• DJI fixes it in two days
• back to normal life with his stupidly expensive floor cleaner
• IoT companies stay undefeated at shipping garbage security
Com a chegada do #MarcoLegalDasGarantias (Lei 14.711/23), o Brasil dá um passo decisivo para modernizar o crédito com mais segurança jurídica e liquidez. Mas como tornar essa nova jornada mais eficiente para bancos e clientes? 🧵
https://t.co/n7fLiR6Z7p
A importância da avaliação imobiliária tecnológica por meio de AI ganha cada vez mais força, no entanto primordial que seja feita de forma isenta, transparente e sem viés.
👏🏼 👏🏼 para o trabalho do @bancocentralbr que de forma extremamente competente tem se inspirado nas melhores práticas de UK a Índia, tornando nosso ecossistema um dos mais dinâmicos do mundo. Brazil’s Surprising Fintech Tailwind https://t.co/Dppu9DGGIO via @a16z
At Google Venture a decade ago we searched for AI enabled companies and came up dry. That has changed. AI is going to eat software companies. Primarily because it creates entire new UX that incumbents can’t adopt without breaking their product. 10 year hypercycle just started.
Pelo menos 33% dos casos dos casais que têm dificuldade em terem filhos são causados por razões relacionadas ao homem. #fiv#fintech#sauderepdodutiva#fertilidade https://t.co/18pymenxeD
I make a living building stuff with no-code.
But I've never bought a “no-code course.”
Because truth is, 95% of the information you need can be found on the web for free.
So here're my 5 go-to resources to become a money-making no-code builder for $0:
South American tech is on fire 🔥
And Brazil is probably the hottest startup country in the world right now💡
It’s time South America had a global gathering of the tech community.
There’s no better city to host it in than Rio 🇧🇷
https://t.co/cgFHgDTDze