Former BlackRock fund manager Ed Dowd on the SpaceX IPO:
"people gotta understand... [SpaceX] raised $75 billion... [and only] floated 5% of the stock... it's a very small float"
"[But its valuation], that's a different story"
"$1.7 trillion did not go to SpaceX. [It is] $75 billion. So people need to understand that"
"then when Anthropic and OpenAI, if they ever make it to IPO, they're going to raise about $100 billion each. So the total raised actual real money is about $300 billion between these three IPOs"
"Their valuations, that's a different story. And those probably won't hold and they'll probably, you know, go down 80%. So anybody buying these stocks at these prices is probably going to lose a lot of money if they hold on to them"
@ShannonJoyRadio@DowdEdward
While you slept last night, completely motionless in your bed, our galaxy shifted millions of kilometers through the cosmos.
You woke up in the same room, on the same planet, but unimaginably far from where you were the night before.
The Milky Way does not glide silently through the universe. It is racing through space at about 600 kilometers per second, carrying with it billions of stars, planets, and everything they contain on the journey. It is a good reminder that, even when life seems motionless, you are always in motion.
Two engineers who hacked an airplane's entertainment system to play a video game received lifetime free flight tickets from the airline after revealing how they did it
For the first 100 paying users, I think founder-led sales matters more than the channel.
Build in public works if your ICP is watching.
Cold DMs work if the problem is painful.
Paid ads work if the offer is already validated.
But early on, nothing beats direct conversations with the market.
The channel doesn’t fix unclear positioning.
Atlassian's revenue: $1.79 billion last quarter
Atlassian's move: fire the engineer who built their infrastructure
his move: post a 38-minute breakdown of every system he built, free for anyone to copy
what he revealed:
> Envoy proxy instead of enterprise load balancers
> sidecar architecture for auth, logging, rate limits
> DynamoDB + SQS for async provisioning
> Packer + SaltStack for automated VM deployments at scale
Atlassian charges per employee across 350,000 customers
this guy just handed you the enterprise playbook for free
save this
After reading "Life 3.0" by @tegmark , I realised something unsettling. Extinction might not be humanity's darkest future. There are senarios far stranger and arguably much worse. AI risk isnt really "evil robots vs humans", its far deeper and darker.