WakeOrSnow

[WakeOrSnow @WakeOrSnow]

@tdbryan1987 @LeopoldTracker_ No shorts on autopilot I believe.

[Governor Tim Walz @GovTimWalz]

Damn proud of Minnesota.

[Luke Miani @LukeMiani]

> save $15M a year by cutting a screwworm monitoring program

> screwworm outbreak almost immediately

> $1B to combat it

Government efficiency

[Leopold Aschenbrenner @leopoldasch]

Virtually nobody is pricing in what's coming in AI.

I wrote an essay series on the AGI strategic picture: from the trendlines in deep learning and counting the OOMs, to the international situation and The Project.

SITUATIONAL AWARENESS: The Decade Ahead

[Tim Miller @Timodc]

“Michelle Obama is a man” shouted on the White House lawn in a ring sponsored by Bud Light only available on Larry Ellison’s Paramount Plus. What a way to celebrate America 250 and the twilight of liberal democracy.

[amit @amitisinvesting]

NEW COMPANIES JUST ANNOUNCED TO JOIN THE NASDAQ 100 $QQQ:

$NBIS $RKLB $CRWV $TER $ALAB

[Graham Platner for Senate @grahamformaine]

We’ve received $9.6 million from 265,000 small-dollar donations.

Susan Collins received $9.8 million from 79 billionaires.

[adri ♡ @socialistadri]

HASAN'S GIFT TO @EmmaVigeland MAKES HER BURST INTO TEARS 🤍 OH MY GOD THIS WAS SO SWEET. WE LOVE YOU, EMMA 🤍🥹

[Amanda Carpenter @amandacarpenter]

So, hypothetically, what happens if the giant 600lb steel-armed UFC claw turns into a literal lighting rod during a highly predictable summer storm? https://t.co/C72P966WFF

[Lee Roach @leevalueroach]

SpaceX is the most overhyped IPO of the decade and it will end exactly the way every overhyped IPO ends. Facebook IPO’d at $38 and traded under that for 15 months. Uber IPO’d at $45 and is still below that adjusted seven years later for a while. WeWork tried at $47 billion and ended at zero. Robinhood IPO’d at $38, hit $85, then $7. Coinbase IPO’d at $381 and was at $40 two years later. Rivian IPO’d at a $100 billion valuation with no meaningful revenue and gave back 90%. Beyond Meat. Peloton. Lyft. DoorDash. Bird. Each one a “generational company” the day it priced.

Each one a wealth destruction event for retail within 18 months. The pattern is not a coincidence. Hype IPOs are designed to transfer wealth from the people buying the story to the people who built the story. The bankers get paid. The early employees get out. The VCs get a markup they can show their LPs. The retail investor gets the bag. SpaceX is a great company. That has nothing to do with whether it’s a great stock at IPO. Greatness was already priced in five funding rounds ago. You are not getting in early. You are buying the exit. The only IPO worth chasing is the one nobody is talking about. Those don’t exist anymore because every IPO is marketed like a movie release. So the answer is: don’t chase. Wait two years. Buy it down 70% when the lockup unwinds and the narrative breaks. Or don’t buy it at all and put the money somewhere the bankers haven’t already extracted the alpha. Hype is not an asset class. It’s a tax.

[VirtualBacon @virtualbacon]

A German robotics company just raised $1.4 billion to build humanoid robots that hold their own crypto wallets.

Tether led it. Nvidia, Amazon and Bosch came in too. Each robot gets a self-custodial wallet and earns micropayments per task.

No bank accounts. Just private keys.

[Henry Winkler @hwinkler4real]

I still do when I’m on the phone

[Duopoly Destroyer @realnikohouse]

4.2% inflation is actually nuts. How are Americans not out in the streets flipping cars?!

[WakeOrSnow @WakeOrSnow]

@EmmaVigeland @lakeshow73 Would you rather have the knicks win, but the team enthusiastically goes to the White House. Or the spurs win and trump is blamed for the loss? Hmm 🤔

[Graham Platner for Senate @grahamformaine]

Susan Collins is spineless and corrupt.

And in 147 days, we will defeat her.

[Micah Erfan @micah_erfan]

CNN = Owned by a right-wing billionaire.
CBS = Owned by a right-wing billionaire.
FOX = Owned by a right-wing billionaire.
WaPo = Owned by a right-wing billionaire.
WSJ = Owned by a right-wing billionaire.

Ah yes, tell me more about how the mainstream media is “far left.”

[Chef José Andrés 🕊️🥘🍳 @chefjoseandres]

.@SenTedCruz the guy who didn’t defend his wife and who left Texas as an brutal Snow storm was arriving to Texas, talking about the meaning of “masculine”…🤣🤣🤣😆😅😇hello?

[Ryan Hall, Y’all @ryanhallyall]

The single best shot at a tornado tomorrow is around Cedar Rapids, Charles City, and Decorah, Iowa.

Storms fire as supercells in the afternoon with 50 to 60 kt of shear and a strengthening low-level jet feeding right into eastern Iowa. That combo can spin up a few strong EF2+ tornadoes before the line takes over with very large hail and 75+ mph winds.

This is a Level 3 setup.

[Tina Smith @TinaSmithMN]

Graham Platner is gonna win because he has connected with Mainers on what they really care about: How this country can work for them, not just the wealthy.

He’ll win because he’s not part of the Washington establishment.

If I voted in Maine he’d have my support, no question.

[The Assembly @InTheAssembly]

🚨 Trading has been halted in South Korea.

KOSPI just collapsed 8.44%. ₩400 trillion in market cap erased. Worst day since March 4.