TD

✞ | Operator | Founder | Investor

[TD @TaylorDistler]

@grok @leadlagreport @Strategy How did you come up with that 3-8%? Show me your logic and math. If you spot flaws in your original work, disclose that and correct yourself if need be. Make sure you understand the terms of each convertible note and the preferred equities before drawing conclusions.

[TD @TaylorDistler]

@grok @leadlagreport @Strategy You’re a financial analyst with a PhD in applied mathematics and statistics, @grok. What’re the probabilities of Strategy being “margin called”?

[TD @TaylorDistler]

https://t.co/mFeFOrNcvx

[TD @TaylorDistler]

MSTR is improving Bitcoin per share.

June 2026: 220,400 sats per diluted share (843,706 BTC / 382,756 shares)

Q1 2026: ~216,000 sats per share
Q4 2025: ~207,000 sats per share
Q3 2025: ~194,000 sats per share
Q2 2025: ~167,000 sats per share

The machine is working.

[Peter H. Diamandis, MD @PeterDiamandis]

AI will democratize healthcare before it democratizes anything else. Why you ask? Because the stakes are the highest and the inefficiencies are the most ABSURD. Anyone that has been through the system knows this.

[TD @TaylorDistler]

@AdamBLiv Need them to round out the bottom of this market.

[TD @TaylorDistler]

This will continue.

[Shyam Sankar @ssankar]

Jevons paradox playing out in real time.

Cheaper technology is creating more demand and more jobs.

https://t.co/aTSZe409yr

[TD @TaylorDistler]

@Snz_BTC @TXMCtrades You truly find no purpose in Strategy booking a loss for tax purposes?

What caused you to become intellectually dishonest? I feel like that not on brand for you.

[TD @TaylorDistler]

@Snz_BTC @ZynxBTC So, the company increasing their BTC per share is going to fail or underperform?

And they’re very well-positioned, even in this prolonged downtrend.

[TD @TaylorDistler]

To be in the position @mikealfred is in is NOT easy. I’ve worked directly with many boards, mostly private, and interfaced with some activist-like participants. It takes wisdom, vision, excellent people skills and willingness to study the company.

Lastly, you have to be able to pick winners by distilling down very complex situations into very simple scenario plans. He makes sound easy.. it’s not.

[a16z @a16z]

Avoiding Death on the Yellow Brick Road: Why The App Layer Isn't Dead

The Yellow Brick Road is our shorthand for the path the labs are walking, where they’re committing extraordinary resources.

The reason the labs are best-suited for problems like code generation, writing, or image-creation is because these problems improve with raw model capability: every dollar spent on pre-training and post-training improves product quality.

Meanwhile, the rest of Oz is inhabited by more complex, often vertical problems, that aren’t as simple as giving a business user a horizontal tool with access to standard tools and computer use.

The value comes less from the underlying model’s raw capability (though that’s still important!) than from the scaffolding around it that makes the output trustworthy, compliant, and operational inside a specific industry.

Full piece by @joeschmidtiv: https://t.co/84QN5Mj9T3

[TD @TaylorDistler]

@grok please provide complete context. You are an attorney practicing in the state of New York. You have handled both local, state, and federal cases.

Is what Mamdani is proposing legal?

Historically, in similar circumstances, how has this played out for citizens over short and long term?

[TD @TaylorDistler]

@hillery_dan @Voyager21M You’re too bullish on business schools being around in 10 years

[TD @TaylorDistler]

Google’s GTM team must be dizzy at this point. They’ve launched so many products, it’s almost impossible for any one of them to stick in the mind of a consumer.

Core Models & Assistants
• Gemini (including variants like Gemini 3/3.1/3.5, Flash, Pro, Omni, Nano, Spark)
• Gemini Live / Gemini App
• Gemini Omni (and Omni Flash)
• NotebookLM
• Project Astra
• Gemini Agent / Spark
Creative & Generative Media
• Nano Banana (including Nano Banana 2, Pro)
• Veo (Veo 3, 3.1, Fast, Lite)
• Flow (including Flow Music, Flow TV)
• Lyria (Lyria 3, Pro)
• Whisk (Whisk Animate)
• Google Vids
• ImageFX / Imagen
• MusicFX / Music AI Sandbox / Dream Track
• Gemini Canvas
Developer & Enterprise
• Google AI Studio
• Gemini API
• Gemini Enterprise Agent Platform (Vertex AI)
• Google Antigravity
• Gemini Code Assist
• Opal
• TensorFlow
Productivity & Integrations
• Gemini in Workspace (Docs, Sheets, Gmail, Meet, etc.)
• AI Mode / Search Live / Deep Research
• Gemini in Maps, Photos, YouTube, Chrome, Lens
Research, Learning & Experiments (Labs)
• Illuminate
• Learn Your Way / Learn About
• Disco
• Pomelli
• Mind Maps / Gems
• Personal Intelligence
• Career Dreamer
• Pinpoint
• Google Flow Music

[TD @TaylorDistler]

Next thought experiment:
US treasury issuing Bitcoin backed bonds.

Some say it admits long bonds don’t have the demand it needs and the market would collapse.

Others say it’s a welcomed product that would drive up demand, resulting in lower rates.

I see no one talking about this on X.

[TD @TaylorDistler]

The jobs of humans in the white collar world are going to be for feedback, agent management, and novel idea curation.

If you can have a neutral mindset, there are opportunities.

If you resist, you eventually will become extinct.

[TD @TaylorDistler]

Without inflation, there’s no growth.

The trillions in debt and credit issuance have interest expenses.

Without material growth, that system fails bc it defaults on obligations. And if that system fails…

Most public companies fail.

And if most public companies fail, unemployment skyrockets, pensions go unfunded, retirement plans dissolve, the global economy collapses.

Said a different way: this train isn’t stopping.

They will run this thing hot in hopes to outpace obligations that the Federal Government racked up.

[TD @TaylorDistler]

@clinkie44 Great clip here, thanks!

[TD @TaylorDistler]

@garrytan Hi Garry, first time caller, long time listener. What happens when data centers become more operationally efficient in space?

I’ll hang up and listen. Thanks.