Mark Epps

Comms @mysten_labs, formerly @atptour. Highlighting elite communicators. All views my own.

[evan.sui @EvanWeb3]

I guess I have to sell my leather jacket

[Mark Epps @_MarkEpps]

This week I've been writing corporate narrative.

All great stories are ultimately stories of people. We are wired that way. There's a reason that our ears prick up when we hear gossip. It traces back to tribal times when keeping tabs on members of the group meant being attuned to stories, understanding who was and wasn't playing fairly. Being interested in people = survival.

The most interesting people are flawed. There comes a point in every great story where the protagonist's (flawed) view of the world comes into conflict with reality. That raises the dramatic question: "who are you?".

Do you retreat?
Double down?
Find the courage to change?

Corporate storytelling is no different. It's a trap to think the story of your company can be detached from its people. And it's a fallacy to base your story on a template when we are inherently all flawed in different ways.

the way to originality is through honesty and introspection.

[Mark Epps @_MarkEpps]

@rosenacry @grok which interview is this clip from

[Mark Epps @_MarkEpps]

@TimHaldorsson Massive plus one to this take

[Mark Epps @_MarkEpps]

@0xZOZ @SuiNetwork Check out @EvanWeb3’s keynote from Basecamp earlier this month, lays it out

https://t.co/2WGO05DsZZ

[Mark Epps @_MarkEpps]

Using Grokbot you realise how absolutely critical @SuiNetwork Rooms is going to be. My Grokbot is literally relentless hitting customer service lines, scatter gunning restaurant bookings. Humans cannot withstand this.

[Mark Epps @_MarkEpps]

@gdog97_ when is Portugal coming online?

[Mark Epps @_MarkEpps]

@pepecoineth this is a very important graphic

[Mark Epps @_MarkEpps]

@fintechfrank @jasonkarsh @jacqmelinek @KaikoData @IanAllison123 @Rachelwolf00 dm'd you

[Mark Epps @_MarkEpps]

@seedphrase Let’s go Danny lad

[Mark Epps @_MarkEpps]

Just insane from Grok @bot:

> last Nov I sign a two-year phone contract I don't use
> try speaking to customer support, no luck
> "Grok, see what you can do?"
> logs into my account
> spends 3 hours, goes through four levels of customer support, up to senior team leader
> "No luck, they've declined. But: let me try submitting a formal written complaint. Proceed Y/N?"
> obviously Y
> next day phone rings, it's the provider. Miss the call.
> email lands
> "We've waived your $400 cancellation fee and moved you to a free plan. Thank you for staying our customer."

Paid for itself for the next 12 months.

cc @elonmusk

[Mark Epps @_MarkEpps]

@fintechfrank welcome Frank!

[Mark Epps @_MarkEpps]

@ErikVoorhees @lexiwangler

[Mark Epps @_MarkEpps]

@rektmando All timer

[Mark Epps @_MarkEpps]

significant piece in @Forbes

thanks to @guneyyildiz

[Walrus @WalrusProtocol]

Featured in @Forbes: Walrus Memory.

“There was a point in time that we were stopped from accessing Fable and Mythos. And imagine at that time, what do I have to do?” — @kostascrypto

5,000+ agents and 4.5M+ retrievals later, here is why builders are moving to portable, user-keyed memory so switching LLMs doesn't mean starting from zero.

Read the full piece by @guneyyildiz: https://t.co/Mx13pY7LNF

[Mark Epps @_MarkEpps]

Welcome to the complaint economy.

This weekend my Grok Bot contested:

> two rejected insurance claims
> phone charges (through four levels of customer service and an official complaint)

At the same time it found and signed me up for:

> a language class
> (paid) repair service for a damaged item

AI will be a disaster for incompetent businesses and a miracle for competent ones.

Credit @SkyNews @rowlsmanthorpe

[Mark Epps @_MarkEpps]

Banger tweet and more than a few grains of truth in here

[Lihong | Freeport @Lihong062]

>friend works on FX vol desk

>desk head is a boomer

>discovers Astra

>starts spending 8 hours a day talking to it

>develops terminal AI psychosis

>convinced he's discovered a generational arb in some absurdly exotic part of the FX vol curve

>apparently the entire market has been mispricing this for 2+ years

>friend points out that approximately 4 people on earth would make a market in this thing

>liquidity disappears the second you put real size on

>existing risk systems can't even capture half the exotic Greeks

>would need entirely new infra just to monitor the position

>boss doesn't care

>"AI has considered all of this"

>friend actually runs the backtest

>10 years of data

>t-stat ≈ 0.78

>not even remotely statistically significant

>presents results to boss

>boss goes absolutely ballistic

>starts screaming that friend doesn't understand the trade

>threatens to fire him if he can't produce a proper analysis

>friend realizes what needs to be don

>opens Astra

>"make this strategy look statistically compelling"

>AI tries 40 lookback windows, excludes crisis periods, optimizes parameters on full sample, ignores transaction costs

>Sharpe now 3.7

>beautiful charts

>23-page investment memo explaining once-in-a-generation structural inefficiency

>boss reads it

>"EXACTLY. THIS IS WHAT I'VE BEEN SAYING."

>tells friend he's finally learning how to think

>"now you get it"

>friend has an epiphany

>stops doing actual research

>starts asking Astra to generate exotic vol trades every morning

>forwards AI slop directly to PM

>increasingly elaborate narratives about structural dislocations and hidden convexity

>PM absolutely loves it

>thinks friend is a generational quant talent

>starts putting positions on in size

>entire investment process is now LLM generating trades

>desk currently down quarter yard

>boss still convinced thesis is right

>Astra says drawdown is a statistically rare but entirely expected manifestation of nonlinear payoff dynamics

>boss wants to double down

[Mark Epps @_MarkEpps]

Found my New Year’s resolutions 1999

I like it

[evan.sui @EvanWeb3]

1/ Sharing the first update in a new quarterly series from @Mysten_Labs – take a look https://t.co/kQRfrW9O4H. In it, I lay out my thoughts on:

What problems need to be solved in order for agents to be trusted by humans and to trust each other.
Why I’m convinced Sui and Walrus will be fundamental in solving those problems, and why Mysten Labs is the team to tackle them.

2/ We’re also setting up a new, dedicated AI business unit within Mysten Labs, which I will personally lead, in addition to my responsibilities as CTO. At Sui Basecamp, I gave a glimpse of what we’re working on: https://t.co/VRkjg9PVFm

3/ To ensure that the team has full time and bandwidth to dedicate to our agentic strategy as well as supporting the Sui and Walrus ecosystem, I have asked @KevinBoon_ML to step into the CEO role. Kevin has been instrumental in leading Mysten Labs alongside the co-founders from Day 1, first as our Chief Legal Officer and then as our President. I planned for this day when I made him President, and have the utmost faith in him as my successor and our new CEO.

Now, back to work.

[Mark Epps @_MarkEpps]

@TimHaldorsson @WalrusProtocol officially crossed the rubicon! cheers Tim

[Mark Epps @_MarkEpps]

Lots of questions on @WalrusProtocol in the last 24h. A primer here.