Herrsosa

Exploring the narrative

[Herrsosa @HerrSosa9]

https://t.co/z3nb3Yw0Np

[Herrsosa @HerrSosa9]

@IOSFVC Great article! Thanks.

[Herrsosa @HerrSosa9]

@hrojantorse Another great and very insightful article - Thanks a lot. Looking forward to more!

[Herrsosa @HerrSosa9]

@hrojantorse Great piece! Thanks!

[Herrsosa @HerrSosa9]

@OrnnExchange Great article - thanks team!

[Herrsosa @HerrSosa9]

@dannybuck This is pretty cool - common work areas in London's newer buildijngs are "common" but offices is new to me.

[Herrsosa @HerrSosa9]

Really enjoyed reading this piece!

Now, I probably come from a point of view not wanting the bubble bursting being true. Having said that I don't think people calling compute the "new oil" needing a financing mechanism are wrong.

Even if (or rather exactly because of) there is a bubble to pop, a market for compute can be crucial for buyers and sellers. Many commodity cycles popping has not impaired the need for related financial markets.

Anyway, great piece and a lot of food for thought. Thanks.

[Herrsosa @HerrSosa9]

@TomasMann1878 London is great!

[Herrsosa @HerrSosa9]

@HarryStebbings Great episode with an incredibly very "humble" guest!

Loved the section on why starting so "late" / not really believing in oneself.

Thanks!

[Herrsosa @HerrSosa9]

@alexsongis An interesting follow up would be how this applies to (the expected upcoming) financing of robotics. I assume, that depreciation curves here look different and software upgrades may be quite relevant.

[Herrsosa @HerrSosa9]

Great write-up thanks!

My background is structured finance / workouts - so, your point on the backup servicer (which is absolutely crucial - even GS needed a backup servicer for their blown up consumer book) is an important one.

The point on collateral not being that modular is also interesting - this puts some lenders' practices lending to smaller borrowers against "data center receipt" collateral into serious question.

[Herrsosa @HerrSosa9]

@nickbaumann_ Love this and dot!

But when do we get a UK rollout...

[Herrsosa @HerrSosa9]

It's like this with all of AI (for me) - you feel on the "frontier" and incredibly "productive" and feel like you need to catch up on each new release to not fall into the "permanent underclass" - in the end its the red queen. You need to run just to stand still while not getting much done.

[Herrsosa @HerrSosa9]

Just stumbled across this. Interesting approach you are taking.

One major issue I see in many on-chain credit implementations is that they are basically tokenised shares of funds with no visibility into the underlying loans / assets.

If the investor is lucky there is a (not verifiable) loan level dashboard. Otherwise, they need to rely on auditor reports and factsheet data which can be highly misleading. Seems like we are still far away from broad blockchain-enabled transparency.

Would be curious to understand your opinion on this.

[Herrsosa @HerrSosa9]

@OrnnExchange Would be interested to know if there are lenders providing credit specifically for compute (akin to RBFs for eCommerce sellers previously)

[Herrsosa @HerrSosa9]

@alanchanguk My better half (knows you from Revolut) after listening to the episode: "no doubt, it was Alan"

[Herrsosa @HerrSosa9]

@santiagoroel interesting observation Santi.

This underlying motivation of trying to look good / to look like the one who saw things early (instead of finding "Truth") is so easy to miss.

Happens to me all the time.

[Herrsosa @HerrSosa9]

@santiagoroel Its so hard for us to think in exponentials.

[Herrsosa @HerrSosa9]

@KevinWSHPod @RaoulGMI Great episode team!

Appreciate @RaoulGMI transparency on everything: from trades that have gone right to trades that so far have not played out as per plan.

[Herrsosa @HerrSosa9]

@ryanconnor It is remarkable how much "alpha" there is to listen to his interviews and to what he communicates in subtle comments.

[Herrsosa @HerrSosa9]

@TaikiMaeda2 @SoskaKyle @ThinkingUSD That was a great discussion - especially the part about not trying to force trades (and dedicating 100% of one's time to move 100k to 1mln).

Thanks both!