Jason

Tech | 👼 @hustlefundvc Angel Squad Member

[Jason @jsonnelson]

Technology helped move education, work, and social life online. AI might be the technology that makes showing up in person cool again.

[Jason @jsonnelson]

“MIT wants to rebuild education around the things AI can't replace. That means oral exams, semester portfolios, in-person project work, and a required social component in every subject. The report even floats the idea of rethinking grades entirely, since without a GPA to optimize, much of the incentive to cheat with AI evaporates.”

[Josh Wolfe @wolfejosh]

This is the most important market commentary we have written in years

TLDR:
-the range of possibilities is wider than ever
-the downside risk is higher than ever
-and perma-bulls talking their book harbor private fears but won't dare talk about them

Our 6 ANOMALIES...

[Jason @jsonnelson]

@cryptopunk2020 Only passed by it

[Jason @jsonnelson]

Mean green Space Needle for Xbox FanFest Seattle

[Jason @jsonnelson]

Crazy, Microsoft outage impacted Microsoft Xbox in-person event.

[Climate Pledge Arena @ClimateArena]

IMPORTANT EVENT INFO FOR TONIGHT:
Due to a Microsoft outage, ticket holders may not receive a notification about the ticket transfer. To access your transfer or to transfer tickets, please go in to the ticketing tab of the CPA + Kraken app and accept the transfer from there.

[BBC News (World) @BBCWorld]

Microsoft says attempts to fix global outage not going "as expected" - follow live https://t.co/JekCrly4Za

[Brad Gerstner @altcap]

Jensen is a friend & legend. But he was not a one man show. He built an exceptional company of 42k people (31k in R&D alone) led by brilliant leaders like Jonah, Arjun, Sameer, Ashish, Gilad, Andrew, Dwight, Deb, Jeff, Ian, Colette, etc (look them up on Claude) - they run the key parts of the business day in and day out that makes Nvidia, Nvidia.

These are the unsung heroes who help architect & do the daily impossible work to deliver the most sophisticated AI products in the world that have put America in the lead at this critical moment in time.

That didn’t change today. Despite the noise - they showed up to deliver the Blackwell & Rubin GPUs & Vera CPUs that power the world. And are following the same playbook to make sure they deliver the fully baked Rubin Ultra in 2027 & Feynman in 2028 ahead of expectations.

And no better interim leader than Colette Kress who knows every nook & cranny of the business. She will make the trains run on time; allocate capital to its highest & best use; and provide the steady hand that the business needs to make important decisions.

Not spinning this as happy or good news - just offering a dose of realism. Silicon Valley is not run by 10 rock stars. Founders are essential but the great ones attract legends in their own right who compound the magic. Thousands of people driven by a mission bigger than all of us. And nowhere is that more true than Nvidia. 🇺🇸🦾🚀

[Kacper Piotr Kaminski @CerlogicFounder]

Lots of pain under the surface

Every day I screen for new uptrends and downtrends, over 12 thousand stocks and ETFs. This ratio has been as one to five lately, 1 : 5.

[Jason @jsonnelson]

@LA_Multi_Fam @Fredjieth The Olympics will be all over Southern California vs 1 or 2 events (Super Bowl/select Workd Cup games). I agree with @Fredjieth.

[Jake Sherman @JakeSherman]

AP has called Mississippi for Scott Colom. Mississippi has its first Democratic senator in four decades.

[JS0N Haddix @Jhaddix]

Prediction: after underwhelming output from from the “frontier of the frontier” models on real world cyber capabilities, the labs, in order to fulfill promises on those capabilities, will begin acquiring small to medium cyber consultancies.

They will do this to build more internal tooling (proprietary harnesses), synthetic data sets, and to harvest expertise in deeper level bugs in all vulnerability classes across all domains of assessment (with more focus on deeper level bugs and chained exploits).

[Ali Ghodsi @alighodsi]

Lakebase will mark a phase shift in database technology! It'll enable LTAP, true multi-master, etc.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Nvidia, $NVDA, is preparing to fire Jensen Huang, its founder and CEO, after allegations of a second affair have surfaced, per WSJ.

The board is preparing to meet as soon as today to determine his future.

[Jason @jsonnelson]

Launch is a $10–20B market. Services from space are $350B, heading to $1T - Peter Beck $RKLB

[Mottbox @mottbox_]

$RKLB Sir Peter Beck sat down with The Angry Astronaut. What he said, with timestamps:

Neutron is "the giant sucking sound of all cash and resources in the company." Take it out and Rocket Lab is "an extremely profitable great company." (04:14)

The endgame is services from space. Everything Rocket Lab does builds toward that. (05:14)

Neutron's tank is "the largest pressurized composite structure ever built." For the same tank, carbon is in theory four times lighter than stainless steel. The process took longer than hoped, but the problems are "looking like that's behind us now," and the last, most complex dome has been pulled. (11:13–12:25)

"50% of Neutron's purpose of existence is to launch our own stuff." He expects SpaceX to put SpaceX first, as it has with Falcon 9. Even if Starship were on the open market, Neutron is "still a huge competitive edge for us for our own internal programs." (13:03–13:47)

Launch is a $10–20B market. Services from space are $350B, heading to $1T, by his estimate. But launch is "the keys to space." (13:49–14:11)

Constellation spacecraft have to survive 12 years in a harsh radiation environment, and customers want 90%+ uptime. "We only build beautiful things." (06:37–06:54)

The plan hasn't changed since Rocket Lab went public: space systems, spacecraft, a bigger rocket, then services. It isn't stopping at the Iridium acquisition (15:35) and will keep adding services to the portfolio. (14:42–15:46)

On Neutron's first flight, the expectation is that it works. It's taking more risk than 10–20 year programs and far less than "throwing something on the pad." "No certificate for participation." (16:20–17:37)

I think the first line is the one to remember. Neutron is the cost. Services are the point.

[Jason @jsonnelson]

@CJoeBlack Actually looks like Buffetts Berkshire own 30+% percent of Sirius now

[Jason @jsonnelson]

@CJoeBlack Gotta get John Malone on the phone

[Elon Musk @elonmusk]

@zerohedge SpaceX has a chance of going about half the GW next year of actually usable compute.

“Actually usable” is an important metric. It takes us ~2 months working 24/7 to get a large compute cluster working reliably. I’d guess closer to 6 months for others.

[Core Memory @corememory]

Think I met @Peter_J_Beck for the first time in 2015. My friend Al Weston told me about this self-taught engineer in New Zealand who was building rockets and actually seemed to know what he was doing. I was skeptical.

I flew down to Auckland and, sure enough, Peter had three rockets already built and was clearly a one-of-a-kind human and engineer.

Nothing about hitting 100 rockets in record time surprises me now.

If you want to read more about Peter, I have a book - https://t.co/eeQG0nSwmf

If you have less attention span, I have a movie - https://t.co/RyHLN8fWIm

[Google Site Reliability Engineering @googlesre]

SRE has changed a lot in 10 years. We're kicking off a special 2-part series with the minds behind "Site Reliability Engineering, 2nd Edition"! 📖

Tune into Part 1 (Season 7, Episode 5) now! 🎧
https://t.co/nkzVrTfQG0 https://t.co/5Y4PByGiHm

[Eric Berger @SciGuySpace]

AST SpaceMobile will unveil its "Blacklift" rocket during a presentation hosted by Fareed Zakaria Thursday. He's a brilliant guy, but very much not a known commodity in the space industry. Probably being paid something like six figures for the appearance. Kind of weird.

[MINING.COM @mining]

US critical minerals funding to withstand congressional shift, advisers say https://t.co/DjxjQh1nsR