Austin

[Eric Daugherty @EricLDaugh]

🚨 NOW: Outrage is ERUPTING after NYC high-rise beams BEND, forcing evacuations, contractors allegedly CUT CORNERS to build "affordable housing" and apartments

"This is NOT something you typically see in NYC! To have STEEL BENDING under construction? It's a lack of not picking safety over profits!"

This BS has to stop! Contractors must be heavily vetted and forced to uphold quality, NOT cut corners in the name of low-cost housing

[Austin @AustFraser]

@NYREnthusiast yes you did

[kevin smith @kevin_smith45]

This might be the most liberal moment in history.

Some vegan yells "everyone is welcome here"

While an islamic terrorist who ISNT from New York throws a bomb over his shoulder

[Tour Golf (not PGA Tour) @PGATUOR]

Tom Kim needed to make a hole-in-one to keep his team’s season alive…

Unreal 🔥

[Founder Mode @Founder_Mode_]

This 40-minute Peter Thiel lecture will teach you more about business than a 2-year MBA program:

Summary:

• Value Creation and Capture:

A valuable company must both create value (X dollars) for the world and capture a percentage (Y%) of that value.

X (total value created) and Y (share captured) are independent variables; a company can succeed with either a large X and small Y or vice versa.

• Monopoly vs Perfect Competition:

Monopolies are stable, profitable, and create long-term value, unlike perfectly competitive industries where profits are eroded away.

The airline industry exemplifies a highly competitive market with very low profit margins despite large revenues, contrasted with Google’s search business that is smaller in revenue but much more profitable due to monopoly power.

Thiel argues there are only two types of businesses: monopolies and perfectly competitive firms, with very few in between.

• Market Size and Perception Lies:

Companies distort their market descriptions depending on their position.

Monopolists exaggerate market size by describing their market as a vast union of many different sectors to avoid regulatory scrutiny.

Non-monopolists minimize market size, describing it narrowly to appear unique and attract investment.

Example: A restaurant owner might claim to serve a tiny niche market (e.g., British food in Palo Alto) to claim uniqueness, while Google describes itself broadly as a technology or advertising company to dilute monopoly perception.

Successful startups begin by dominating a small market and then expand outward.

Examples include Amazon starting as an online bookstore, PayPal targeting eBay power sellers, and Facebook launching initially at Harvard.

Starting with a large, broad market is often a sign of misunderstanding the market and leads to intense competition and failure (e.g., many clean tech companies).

• Last Mover Advantage:

The greatest value lies in being the company that dominates a market long-term, not necessarily the first mover.

Most of the value of tech companies comes from future cash flows many years ahead, emphasizing durability over short-term growth.

• Historical Perspective on Innovation and Value Capture:

Throughout history, many scientific and technological breakthroughs created large societal value (X), but the innovators rarely captured substantial financial value (Y close to zero).

Examples include great scientists like Einstein and industries such as railroads or early aviation, where competition or structural factors prevented wealth capture.

Two main categories where value capture was successful:

1. Vertically integrated monopolies (e.g., Ford, Standard Oil) require complex coordination and capital investment.

2. Software businesses, benefiting from near-zero marginal costs and rapid adoption.

• Psychological and Cultural Aspects of Competition:

Society often romanticizes competition, seeing losing as a personal failure, but Thiel argues that competition itself is a form of losing, as it destroys value and capital.

Human nature is mimetic (imitative), leading to overcrowded markets and irrational competition.

Real success comes from escaping competition by finding unique, overlooked opportunities.

[Villanova Men's Lax @NovaLacrosse]

FINAL | VU 14, PSU 13

BALLGAME!!!!!! Dan Martin finds the twine off the feed from Luke Raymond and it's a top 10 victory for the 'Cats!

#GoNova

[︎ ︎venom @venom1s]

YouTuber Jesse James West held a competition to see who’s stronger between tall, strong bodybuilder women and strong dwarf men.

> Dwarf men easily crushed them
> Women were very egoistic, serious, and competitive
> While men were just having fun

Why is gender equality forced when the difference in ability is pretty clear?

[R A W S A L E R T S @rawsalerts]

🚨#BREAKING: The United States military is finalizing preparations to deploy elite combat infantry units along with Massive array of warplanes to the Middle East in response to rising regional tensions.

[Wall Street Mav @WallStreetMav]

Watch this. During the Obama years, CNN did a ride along with ICE as they arrested illegal aliens with criminal histories—and it’s overwhelmingly positive.

[Bad Hombre @Badhombre]

Venezuelan shares powerful message for Democrats supporting Maduro: “It’s incredibly disrespectful. You guys have everything in this country. I just wish you guys could love it a little more and respect it a little bit more because if I had to give my life for America, I would”

[Gunther Eagleman™ @GuntherEagleman]

🚨 TRUMP JUST TOOK A MASSIVE VICTORY LAP ON THE “EXPERTS” 🔥

“Because of the tariffs, we’ve taken in $18 TRILLION. There’s never been anything like it! The Biden admin took in less than $1 trillion in 4 years. We took in more than $18T in 10 months. That’s good!”

The tariffs are printing MONEY, billions pouring in while protecting American jobs.

The doomsayers were DEAD WRONG.

[Dan Collins @DanCollins2011]

Mayor of Beijing: 🇨🇳
- PhD Engineering
- 30 yrs rising thru ranks of Peoples Bank of China
- 7 yrs experience Deputy Mayor

Mayor of NYC:🇺🇸
- Undergrad in African studies
- First job: NYC Mayor

[I Meme Therefore I Am 🇺🇸 @ImMeme0]

As a long-time New Yorker, I still can’t get over Mamdani.

How the fvck does a foreigner who’s never held a real job walk around with massive security guards, preach communism, and be on the verge of taking over the financial capital of the world?

[Eric Daugherty @EricLDaugh]

🚨 BREAKING: Palm Beach, Florida realtors are being FLOODED with "wealthy New Yorkers" preparing to FLEE Zohran Mamdani if and when he wins

"New Yorkers are taking a closer look at Florida's no state income tax, especially as a potential tax hike looms. Raising taxes on the wealthiest New Yorkers has been of one of Mamdani's key campaign promises."

"And it's not just the realtors seeing the shift. Local officials say they're feeling it too. The mayor of Boca Raton says the Mamdani effect is real, and he's been fielding calls from worried New Yorkers."

REAL ESTATE AGENT: "There definitely has been more traffic, more flow through here in regards to showings."

Yeah, so where is all of that new tax revenue going to pay for Zohran's "free" stuff?

[Warriors on NBCS @NBCSWarriors]

Steph was HYPED for the Spencer Bros matchup 🙌

[Eyal Yakoby @EYakoby]

BREAKING: Mayor Adams doesn’t mince his words in endorsing Cuomo, issuing grave warning for New Yorkers.

"New York can't become Europe, folks. I don't know what's wrong with people. You see what's playing out in other countries because of Islamic extremism. Not Muslims, let's not mix this up, but Islamic extremists that are burning churches in Nigeria, that are destroying communities in Germany, that have taken over logical thinking. That's why I'm here today to endorse Andrew Cuomo, to be part of this fight."

[Bleacher Report @BleacherReport]

HEAVYWEIGHT FIGHT between Sharks and Rangers 😱🥊

6'9" Rempe vs. 6'2" Reaves and they were throwing HAYMAKERS 💥

[J🐐 @SixersJustin]

I still cannot believe last night was real