Simon Yu

[Eren Chen @ErenChenAI]

“The next trillion-dollar opportunity is Physical AI and Robotics.”

— Masayoshi Son, CEO of SoftBank, also just became the richest in Asia

[Simon Yu @SimonYuSEA]

Now I kind of want to try this

[twice @madeitallback]

cops showed up this morning, came ready to shut the whole operation down, had the handcuffs and everything

made the officer try one jar

he went quiet, looked at the sky, looked back at me, put the handcuffs away

he asked me if i had a business plan, i said yes

he pulled out a pen, asked where to sign

[Simon Yu @SimonYuSEA]

@ZazookRL It’s time for us to move on from crypto

[Simon Yu @SimonYuSEA]

👀

[RoboStrategy @RoboStrategy]

NAV is subject to change significantly.

[VaderResearch @VaderResearch]

TLDR on @rewkang’s podcast w/ @APompliano

FIGURE🦿
Andrew came across @Figure_robot deal in 2023

Had no experience investing in Robotics

So asked VC friends for advice

Most were skeptical and told him to pass

VC robotics bets hadn’t produced many winners

US🇺🇸 VS CHINA🇨🇳
Andrew evaluates robotics firms in 3 categories:
1. Manufacturing
2. Hardware design
3. AI capabilities

China is the clear winner in manufacturing

China is leading in hardware design too

US only has Figure/Tesla

China has 100s of diff specialized hardware designs

US has an edge over AI capabilities

AI capabilities are critical cause without brains

Robots are useless

Andrew thinks tech produced ≠ market cap

BYD sells more cars than Tesla

But BYD mcap is 10th of Tesla

US robotics companies offer higher mcap potential

HUMANOIDS VS SPECIALIZED ROBOTS 🤖
Andrew agrees specialized robots are more effective

And their adoption will be earlier than humanoids

Argues that humanoids can be mass produced cheaper

The world is not static so flexibility will be valuable

ROBOTICS TRAINING DATA 🕶️
World models have changed the game

They are trained on internet video data

Despite not as good as teleops/egocentric/sim

They are still very valuable

And there are loads of them online for free

There is still need for egocentric data of specific tasks

But the scale of data needed to be collected is

Lower than expected compared to 9 months ago

JOB DISPLACEMENT 👨‍🔧

Andrew thinks job displacement is real

Cognitive jobs will be displaced by digital AI

Physical jobs will be displaced by physical AI

UBI is not optional but necessary

ROBOSTRATEGY $BOT

OpenAI and Anthropic went nuts in a few years

If you had invested in top AI companies few years ago

You would have outperformed the best seed funds

Same vertical takeoff will happen for robotics

Robostrategy is a publicly trading closed ended VC fund

It is currently trading at a premium to NAV

NAV premium allows them to raise more capital

Via issuing more shares accretively to shareholders

[Simon Yu @SimonYuSEA]

@namheeraguyo Thank you so much just sent a dm

[Simon Yu @SimonYuSEA]

Ivermectin, fenbenzadole

Does anyone have experience or know of someone who went this route for treating cancer?

[Anthony Pompliano 🌪 @APompliano]

Not enough people are talking about physical AI and robotics.

I sat down with @rewkang, one of the best investors of the last decade, to discuss his massive bet on humanoids and robotics.

He breaks down the industry, the addressable market, multiple leading companies, and why he launched a publicly-traded fund ($BOT) focused on investing in the top private robotics companies.

YouTube: https://t.co/aBFxTzP2Kg
Apple: https://t.co/9KnbfWL6Wv
Spotify: https://t.co/ZVRprV7bdT

TIMESTAMPS:
0:00 - Intro
1:28 - Why Andrew shifted from crypto to humanoid robots
3:58 - How big is the total addressable market?
8:08 - Building conviction — the $19M bet on Figure AI
16:06 - US vs. China — who wins the robot race?
28:08 - General purpose vs. specialized robots
31:05 - Where does training data come from?
40:24 - Humanoid robots in your everyday life
43:27 - Can Tesla & Elon win the humanoid race?
46:19 - Job displacement & UBI
51:15 - RoboStrategy — the publicly traded venture fund
1:11:17 - What is exciting about Apptronik?
1:13:24 - Addressing the critics

[Simon Yu @SimonYuSEA]

@curtohh Builders got wrecked. Grifters took all the money

[Simon Yu @SimonYuSEA]

Korea stimulus package

[SemiAnalysis @SemiAnalysis_]

Samsung & SK Hynix bonus season just hit different in Korea
Luxury sales near their campuses:

🟠 Jewelry: +146% YoY
🟠 Watches: +85% YoY
🟠 Overall luxury: +53.6% YoY

Quiet beneficiaries: Shinsegae, Lotte, and Hyundai department stores near their campuses are reportedly all seeing luxury sales up 40%+
https://t.co/0qcO8vSxel

[Simon Yu @SimonYuSEA]

Bull market starts again when Tom Lee and saylor are forced to sell it all

[Simon Yu @SimonYuSEA]

The markets realizing Saylor and Tom Lee were just big degenerates

[Simon Yu @SimonYuSEA]

Realistically though what stops US from saying sorry I can’t pay $37 trillion

It’s an insane amount of money

[Kalshi @Kalshi]

BREAKING: Markets price Nvidia less likely to default on debt than US government

[Simon Yu @SimonYuSEA]

@curtohh Sad to see

[Simon Yu @SimonYuSEA]

Been in crypto over a decade and almost everyone is now fully in AI instead.

[Simon Yu @SimonYuSEA]

@CoinDiva_Sniper Sad to see

[Simon Yu @SimonYuSEA]

@DwightHoward 💯

[Simon Yu @SimonYuSEA]

wtf

[Yahoo Sports @YahooSports]

Air Corgi makes predictions for the Spurs-Thunder Western Conference Finals showdown 🍿

[Simon Yu @SimonYuSEA]

Knicks vs Spurs is what NBA ratings need

[NBACentel @TheNBACentel]

WEMBY CANNOT STAND CHET 😭

[Simon Yu @SimonYuSEA]

@KeyboardMonkey3 Holy. Congrats man. Tough line up too