Jake Shipman

Make it count | Biz Dev @ Instacart | Curious mind | Runner & triathlete

[Brickell Finance Guy @IronChestCap]

me with the SpaceX cafeteria lady after she becomes a billionaire from the IPO

[Shruti @heyshrutimishra]

Elon just created 4,400 millionaires in a single day.

400 of them are now worth over $100 million.

These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.

Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.

Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."

The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.

Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.

[Jake Shipman @Jaycawbo]

@stoolpresidente Some of Greek’s recos are whack. Go to Gram’s - new place on the block and best in the city IMO, above North of Brooklyn and Badiali’s (previously highest rated during your last tour).

[Jake Shipman @Jaycawbo]

The Canadian election

[Jake Shipman @Jaycawbo]

@AskPerplexity Are the tariffs with Canada reciprocal and what are prominent exemptions as part of USMCA?

[Dallas @DallasLunz]

Andrew Huberman reprograms your body.

Joe Dispenza rewires your reality.

But together?

You unlock the fastest path to healing and transformation.

Here are 10 insights that changed my life (and will change yours too):

[Jake Shipman @Jaycawbo]

The difference between U.S. and Canada tariffs: U.S. is attempting to restore domestic manufacturing and to fund tax cuts. Canada is implementing 25% tariffs on 1/3 of U.S. imports and that money is going to go to..more inefficient gov projects?

[Jake Shipman @Jaycawbo]

It’s weird, I think I’ve liked the Trudeau of the last couple months, as a resigning PM in the midst of a trade war, than any other time in his two terms. Finally he’s speaking the truth. https://t.co/7N2KSGwRwg

[Jake Shipman @Jaycawbo]

On fentanyl flowing into the U.S. from Canada: in fiscal 2024, U.S. Customs and Border Protection (CBP) seized a total of 21,889 lbs of fentanyl nationwide. Of this, ~0.2% was intercepted at the Canadian border and 96.6% at the Mexican border. @JTLonsdale @theallinpod

[Jake Shipman @Jaycawbo]

@realDonaldTrump Funny how this violates the terms of the USMCA which was signed under the last Trump administration. This is only justified by pretending Canada is part of the U.S.’ immigration and fentanyl problems, which there is little to no evidence of. Enjoy the price hikes folks 🫡 🇺🇸

[Jake Shipman @Jaycawbo]

Ringing in 2024 #WorldJuniors

[Jake Shipman @Jaycawbo]

@RonFilipkowski Source of this “reporting”??

[Jake Shipman @Jaycawbo]

@marathonslivetv Broken link on my end

[Car Dealership Guy @GuyDealership]

You're not imagining:

Cars have *way* more problems than before.

From 2020-2023, car owners have reported a 109% increase in problems with their cars (within the first 90 days of ownership).

Infusing technology into every single part of every car is a double-edged sword...

(Data source: JD Power, via NewAtlas)

[Jake Shipman @Jaycawbo]

New Uggs!? Would not want to get roundhouse kicked to the face by these #SuperBowl

[Jake Shipman @Jaycawbo]

@Riley_Gaines_ @IWF @icons_women Lots of debate about this particular instance… Zoom out. What if this were something like rugby where you have biological males competing with biological females? You have to consider the extremes in any good policy.

[Jake Shipman @Jaycawbo]

@dcinvestor +1 and complex AI applications like autonomous driving or generative language got to 90% pretty quickly. It’s the remaining 10% that matters when it comes to a commercially viable product.

[Jake Shipman @Jaycawbo]

If citizens are blocked from access traditional banking and/or only able to trade pesos for small quantities of USD then they can instead convert pesos into digital assets for short-term holdings if longer-term investments aren’t an option.

[Jake Shipman @Jaycawbo]

Powerful hearing from my friend @emmgalim in Argentina how folks there are dealing with an out-of-control 100% inflation rate (10x Canada and the U.S.). Great use-case for the open financial system that crypto has created.

[Jake Shipman @Jaycawbo]

@bankless @Noahpinion Is there a future where crypto decouples from the fiat, sovereign-run economy and becomes self-sufficient or will crypto prices inherently always be dependent on interest rates and the money printer?