Steven Van Sloun

Public & Private Market Investor @Deepwatermgmt

[Doug Clinton @dougclinton]

Want to understand the state of GPU demand?

Learn from @aginnt CEO of @get_hydrahost.

Hydra offers a software platform for data centers that helps them manage inventory and make it available to customers. Dozens of data centers use their platform. He's the perfect person to break it down in a recent interview with me.

Disclosure: Hydra is a @deepwatermgmt portfolio company.

A few of my favorite takeaways:

▶ Hydra is in the business of UX, just like Tesla and Apple. Data centers are in the business of hardware and real estate. They need help with UX. Hydra provides it, enabling data center access as easy as AWS + the flexibility of bare metal.

▶ Running on cloud infrastructure is constant state of unhappiness where ease of use is nice, but it comes with limits on security and cost. Hydra tries to solve that problem by bringing simple software solutions that help address some of the cost and security.

▶ GPU demand remains high despite rising prices and, in some cases, companies not understanding exactly what they need.

▶ Many companies want high-end NVIDIA A100 or H100 chips when they could just use A10s at a much lower cost. Aaron uses the analogy of a Volkswagen (A10/A40) vs an Audi (A100) vs a Lamborghini (H100). People underestimate what a Volkswagen can do.

https://t.co/UsMVXrl7rB

[Redwood Materials @RedwoodMat]

Redwood is pleased to announce the completion of our most recent equity funding round, in which we raised more than $1 billion in Series D shares.

https://t.co/2O9CdZUAvl

[Deepwater Asset Management @deepwatermgmt]

Efficiency is time, and time is the one true currency; innovation in pursuit of efficiency is the most powerful underlying force in the creation of persistent growth. Learn more about tech enablers for the next wave of efficiency-driven innovation 👇https://t.co/BorTZLhFwR

[Steven Van Sloun @StevenVanSloun]

@lhamtil @CoosBayCap @SleepwellCap The Luxury Strategy by Kapferer is a good read on the space.

[Steven Van Sloun @StevenVanSloun]

@IgnoreNarrative @MrRubey Need to go revise my RACE model. New content licensing opportunity will further drive profitability.

[Steven Van Sloun @StevenVanSloun]

@fabknowledge Crypto continuing to play a larger role in the Gaming segment than the company would like to admit.

[Steven Van Sloun @StevenVanSloun]

Wrote a short piece comparing the Green Red Bull to Apex Legends.
https://t.co/Fo7SlOv7r5

[Steven Van Sloun @StevenVanSloun]

@Post_Market Depends on whether you are investing in 2020 or 2022

[Steven Van Sloun @StevenVanSloun]

Netflix has driven a lot of value for Formula1. The excitement around the Miami GP is a shining example. It will be interesting to see if Netflix can drive the same success to the PGA Tour with a series set to release in 2023.

[Formula 1 @F1]

Here's to another two years 😍

Formula 1: Drive To Survive is renewed for Season 5 and 6!

#F1 @netflix

[Steven Van Sloun @StevenVanSloun]

@maybebullish It’s been nothing but a consistent drip of bad news since that was announced. I still think the deal gets done, but things won’t be pretty if it falls apart.

[Steven Van Sloun @StevenVanSloun]

Is the drop in players entirely company-specific? Or might engagement be down across the board? Time will tell. Not a perfect comp, but $RBLX DAUs in Jan and Feb were up around 30% y/y.

[Steven Van Sloun @StevenVanSloun]

ATVI's earnings were disappointing. Activision MAUs came in at 100m, down 33% from a year ago. This shows how challenged Call of Duty has become. The lack of a working anti-cheat is turning players away.

[Steven Van Sloun @StevenVanSloun]

The next installment in the series is typically the strongest in the cycle, but if $ATVI can't find a way to stop cheaters, it'll continue to see a drag on engagement.

[Steven Van Sloun @StevenVanSloun]

Good thread on $TSLA and what these estimates imply👇

[Will Thompson @WillasaService]

Some napkin math to gut check ARK's latest $TSLA report:

The bear case calls for a market cap of $3.3T with a fcf yield of 4.8% ... four years from now

The bull case calls for a market cap of $6.7T with a fcf yield of 4.2%

[Will Thompson @WillasaService]

Why technology assets are prone to bubble psychology

1. winner-take-all dynamics lead to such extreme outcomes that a given category winner justifies almost any price early on

[Steven Van Sloun @StevenVanSloun]

@IgnoreNarrative Option 2

https://t.co/Q3Yw7PTu58

[Steven Van Sloun @StevenVanSloun]

F1 is right to add a race in Las Vegas. How might the race drive value for F1? More below.

https://t.co/2TneMH7HrB

[Steven Van Sloun @StevenVanSloun]

@masonnystrom I really like your idea of an entertainment threshold. Important concept for games that want to attract and keep players.

[Steven Van Sloun @StevenVanSloun]

Huge addition to the calendar.

[Formula 1 @F1]

Viva Las Vegas! F1 is coming to The Strip in 2023 🎲

#F1 @Vegas

[Steven Van Sloun @StevenVanSloun]

@IgnoreNarrative I like the Magnussen pick.