Jay Wong

M&A banker focused on the AI industry. Not financial advice, DYOR.

[Jay Wong @Stepmark_Jay]

@pitdesi Why would someone fly from Macao to HK when you can take an hour-long ferry?

[Jay Wong @Stepmark_Jay]

@lfg_cap @PythiaR The Ritz in SZ is very good. I stayed at the Four Seasons a block away and super walkable to lots of restaurants.

[Jay Wong @Stepmark_Jay]

Hot take: if you’re offering a premium credit card with lounge access and there’s a 30-45 mins waitlist, the annual fee isn’t high enough.

[Jay Wong @Stepmark_Jay]

One side benefit of disposable email addresses, such as the one DuckDuckGo offers, is that you get to see various reactivation offers.

Groupon showed this exact same offer to email #1 a few weeks ago. I jumped on it. I guess through A/B testing, it had support, so they now offered it to email #2.

[Jay Wong @Stepmark_Jay]

I used to work with an analyst who was a descendant of the DiMaggio family. I believe his Great Uncle was Joe.

The analyst always had a good sense of humor and never once had a bad day in the office during his two year stint. Always had a smile on his face.

I wonder if he’s selling his uncle’s watch now.

[Eric Wind @ericwind]

We are thrilled to offer one of the most important Patek Philippe watches ever for sale from arguably the greatest baseball player of all time: Joe DiMaggio’s Patek Philippe chronograph reference 130 in yellow gold with Breguet numerals. It is arguably the greatest known Patek Philippe tied to any professional athlete and certainly any baseball player.

DiMaggio was one of the most clutch, winningest baseball players of all time. Over his career, he led the New York Yankees to ten pennants and nine World Series titles. It was arguably the greatest run of championships in Yankees history and all led and made possible by the greatness of the Yankee Clipper. He was the Michael Jordan of his day - or perhaps it is more fair to say that Michael Jordan was the Joe DiMaggio of his day.

This is certainly one of the best Patek Philippe reference 130 examples known and among the most important Patek Philippe wristwatches of all time. It is a connoisseurs’ watch for those who have an admiration for Patek Philippe. It is also an iconic watch for collectors of important baseball and athletic memorabilia. It is a privilege to hold it and see it, let alone to offer it for sale.

Live now on https://t.co/o9TB5LMIZl

[Jay Wong @Stepmark_Jay]

Incredible!! KD’s decade-long patience has paid off.

https://t.co/ERRzM4G1El

[Jay Wong @Stepmark_Jay]

@pitdesi What’s the backstory with KD? How did he get connected to Clement and the team?

[Jay Wong @Stepmark_Jay]

@pitdesi What’s the backstory with KD? How did he get connected to Clement and the team?

[Jay Wong @Stepmark_Jay]

@agentalex_ This only v01. You can bet the next few years will usher in a whole bunch of new AI consumer HW.

[Jay Wong @Stepmark_Jay]

Reminds me of Raspberry Pi and the Cambrian explosion of use cases that followed.

Very excited to see what open-source robotics + vibe coding unlocks.

[Thomas Wolf @Thom_Wolf]

Sharing some fun experiments with Microduck

Basically, once you have an open-source robot with so many sensors, the sky's the limit

Here we vibe-coded an image detector integration to detect and follow a laser pointer.

More at https://t.co/taOnVxxUAh

[Jay Wong @Stepmark_Jay]

@MikeIsaac Did you just tweet / quote your own article?

[Jay Wong @Stepmark_Jay]

Choose your Christmas gift.

Both are going to be popular gifts this holiday season.

This or that?

https://t.co/nKkX1b6hZ9

[Marques Brownlee @MKBHD]

Do a flip for no reason

[Jay Wong @Stepmark_Jay]

This might be the first East-West tech collab? Is TikTok even a comp?

[Techmeme @Techmeme]

Sources: Moonshot AI is in early talks over revenue-sharing agreements with Microsoft, Amazon, and Google to host Kimi K3, and is seeking up to a 30% share (Reuters)

(Visit Techmeme dot com for the link and full context!)

[Waymo @Waymo]

Multimodal sensors are indispensable.

By combining inputs from cameras, lidar, and radar, the Waymo Driver creates a rich, redundant world view that no single sensor can replicate.

• Lidar captures 3D geometry with millimeter precision

• Cameras read street signs and light colors

• Radar tracks velocity and cuts through rain, fog, and dust

[Jay Wong @Stepmark_Jay]

How does HuggingFace make money?

[Jay Wong @Stepmark_Jay]

This also works for watermarking! Back at the big banks, this used to cost a few hundred dollars per banker to have the premium version of Adobe Acrobat just to watermark and lock PDFs. Total game changer.

[Jay Wong @Stepmark_Jay]

Just discovered that ChatGPT can manipulate PDFs. I scanned a paper document and every other page was flipped. I always get "flip on short edge" and "flip on long edge" mixed up, but going forward it doesn't matter.

[Jay Wong @Stepmark_Jay]

Just discovered that ChatGPT can manipulate PDFs. I scanned a paper document and every other page was flipped. I always get "flip on short edge" and "flip on long edge" mixed up, but going forward it doesn't matter.

[Jay Wong @Stepmark_Jay]

@danprimack That’s what I tell my son when teaching him to do pencil and paper math!

[Jay Wong @Stepmark_Jay]

Saw this in my brokerage account today.

Corporate Aa / AA bonds are paying a lower interest rate than U.S. government treasuries for the same time period (3 months). Odd.

[Jeff Richards @jrichlive]

In 2010, analysts estimated the TAM for web services was $5-6B annually. Today the big 3 players AWS, MSFT Azure and Google GCP generate ≈$320B a year in revenue. +50X TAM growth in 15 years.

AI will accelerate much faster...

[Jay Wong @Stepmark_Jay]

Hey @grok what is the GDP of the U.S.?

[Joe Weisenthal @TheStalwart]

According to WSJ, Anthropic will likely tell investors that its potential revenue is above $30 trillion. https://t.co/K76qzyvBml