Alex Mohbat

🕯️- Lunchclub - Sochi 2014

[Cognition @cognition]

1/ We’ve raised over $1B at a $26B valuation, led by @Lux_Capital, @generalcatalyst, and @8vc.

Our enterprise usage has grown >10x since the start of this year, and our run-rate revenue grew to $492 M.

We launched Devin two years ago as the first AI software engineer. Since then, cloud agents have gone from niche to mainstream, and today they are the fastest growing way to create software.

[USDC @USDC]

USDC 🤝 @Lighter_xyz

USDC is becoming the default and preferred stablecoin across Lighter.

That means USDC will support:
→ Spot and perpetual trading
→ Settlement
→ Liquidations
→ Onboarding flows

More ways to trade, settle, and move with USDC.

[Alex Mohbat @amhblb]

@mlmabc @Lighter_xyz When you have no idea what to post anymore.. need some leads? @mlmabc

[Vladimir Novakovski @vnovakovski]

Lighter was built as a ZK rollup Ethereum L2 with custom circuits for verifiable finance, enabling high frequency trading in the Ethereum ecosystem.

We are proud to have the highest TPS of any L2 and fourth-largest TVL. More to come with Lighter EVM!

https://t.co/vq9PYRF0az

[Lighter @Lighter_xyz]

New listing: $LIT is live!

[Lighter @Lighter_xyz]

We are announcing the Lighter Infrastructure Token (LIT)! Lighter is building infrastructure for the future of finance and the native token is key to aligning incentives. In this thread, we will describe the structure of the token, broader vision, and roadmap of use cases.

[Vladimir Novakovski @vnovakovski]

I am proud of the team we have built and want to thank my former cofounder and now founding advisor to Lighter, @ScottWu46! We play to win and happen to have competition in our DNA, with over 20 IMO, IOI, and IPhO medals as well as Olympians in skiing and rowing.

[Lighter @Lighter_xyz]

We are excited to celebrate the 500M TVL milestone as we get ready to wrap up private beta after 8 months and just arrived in Asia to meet many of our early community!

[Lighter @Lighter_xyz]

We hit 1B in OI in 240 days of Lighter private beta!

[Cognition @cognition]

We’ve raised over $400M at a $10.2B post-money valuation to advance the frontier of AI coding agents.

The round was led by Founders Fund with other existing investors including Lux, 8VC, Neo, Elad Gil, Definition Capital, and Swish VC all doubling down. We’re also joined by new investors including Bain Capital Ventures and D1 Capital.

Two of our early investors, Christian Lawless of Conversion Capital and Emily Cohen of Neo, have even joined our team full-time.

[hansolar @hansolar21]

Over the past 6 months, I've traded $1.6B volume on Lighter and currently sitting at $2.6M in profits.

For the same volume on Binance (0.05% taker)
I would’ve paid $821K in fees with a net profit of $1.81M

Zero fees = Edge

🕯️.

[Vladimir Novakovski @vnovakovski]

@j0hnwang @Kalshi @0xBreadguy @Polymarket @HyperliquidX @Lighter_xyz If you guys feel so strongly against zero fees, you should bring that up in your next partnership meeting with Robinhood.

[Nalin @nibnalin]

Reading about cloud seeding, curious if anyone I know understands how effective it is? What do VC-backed seeding startups like @RainmakerCorp etc see on the horizon?

Seems most attempts only see rain yield increase of ~5% which seems too low to build a venture scale co. around?

[Scott Wu @ScottWu46]

I first learned to program when I was 9 years old and fell in love with the ability to turn my ideas into reality. Now, teaching AI to code at @cognition_labs has been a dream come true. We've still got a long way to go; if this sounds like something you'd like to work on, please DM!

[Alex Mohbat @amhblb]

https://t.co/vZguiZW4qf

[Alex Mohbat @amhblb]

🙏♥️ https://t.co/3jyHf1tUOR

[Lunchclub @lunchclubai]

Lunchclub is a global company with team members and users from all over the world. Today, we’re donating to support recovery and relief after the explosions in Lebanon.

Please join us by contributing what you can and helping spread the word: https://t.co/SOh2i96TPz

[Alex Mohbat @amhblb]

Very excited to be moderating a #LunchclubFireside chat with @matthewdelly on @lunchclubai this Friday!

Don't forget to sign up here:
https://t.co/EKHxuGcjLu

[Lunchclub @lunchclubai]

Friday’s #LunchclubFireside is a first for us: @MatthewDelly is an NBA champion point guard for the @cavs who invests in early-stage startups.

Send him your Qs—you might just be chatting later this week!

[Matt Mazzeo @Mazzeo]

Let’s give it a try. First question via @kalvepuri:

Do you consider yourself lucky?