Kaush Amin

PE/VC professional • gear head.

[Kaush Amin @kaushamin]

@karthiktadepall Can you clarify that “R&D has paid off at a very average rate”. Average sounds underwhelming payback.

[Kaush Amin @kaushamin]

@venkyganesan Rental rates can continue to go up given all the funding raised by neolabs that need to also train and serve. The question is whether the service is valuable to the end user enough to pay for it long term.

[Kaush Amin @kaushamin]

@BoringBiz_ Non founder public CEOs optimize for the short term and that makes option 1 very attractive.

[Kaush Amin @kaushamin]

@arakharazian How does this reconcile with data from OpenRouter where open source continues to take share of token output.

[Kaush Amin @kaushamin]

@darian314 🙌

[Kaush Amin @kaushamin]

@andrewho03 Not even close to Lamorinda

[Kaush Amin @kaushamin]

@dwarkesh_sp By this logic, all economic value accrues to the compute layer.

[Kaush Amin @kaushamin]

This is accurate and we see it in the data across both single family as well as multi family.

[Bill Gurley @bgurley]

At this point it’s 100% clear that effective policy can lower rental rates. No need to debate “the approach” anymore. Just wether your city and its leaders are willing to do it.

[Bill Gurley @bgurley]

At this point it’s 100% clear that effective policy can lower rental rates. No need to debate “the approach” anymore. Just wether your city and its leaders are willing to do it.

[Kaush Amin @kaushamin]

Did we learn nothing from the stimulus checks of the COVID era? Sending checks injects excess liquidity into the system causing prices to rise and we’re still fighting the inflation of the past. Pls STOP with stupidity.

https://t.co/eyG2MKNWSo

[Kaush Amin @kaushamin]

@chamath Take into account S&P 500 at ATH and “to the moon” expectations being priced in? Apples and Oranges, @chamath. Let’s see how those charts look three / four years from now when AI mania simmers down. This is a flavor of the moment analysis.

[Kaush Amin @kaushamin]

@nicochristie Go Nico! Rooting for you.

[Kaush Amin @kaushamin]

@GavinSBaker “In-line to ahead over the last 10 years” for now when S&P 500 is valued at 22x NTM and 24x LTM while PE median is 9x EBITDA.

[Kaush Amin @kaushamin]

Charts without relative comparison are often meaningless. A good analogy here would be comparing Ford to Tesla in terms who got to 1 million cars sold faster.

Real insight would be volumes weighted by users online now vs. then.

[Brad Gerstner @altcap]

And this is what it looks like on a graph. 💥🚀

[Kaush Amin @kaushamin]

@LeylaKuni Compare the multiples for public vs. PE. Public is very rich compared to PE historically speaking. We’ve been here before and it mean reverts time after time.

[Brett Adcock @adcock_brett]

Significant progress in AI and Robotics this week.

So, I summarized everything from Google DeepMind, Anthropic, Figure, DeepSeek, Sakana AI, Perplexity, ETH Zurich, Unitree, Physical Intelligence, and more.

Here's everything you need to know and how to make sense out of it:

[Kaush Amin @kaushamin]

@chamath @JaeKim1089208 Ironic that AI said it better than Chanath did.

[Kaush Amin @kaushamin]

@MeghanKReynolds @coatuemgmt @stepstonegroup High probability to over promise and under-deliver vs. NASD or SP500. New mouse trap for unsuspecting retail..

[Shaun Maguire @shaunmmaguire]

Pakistan is using Hamas’ tactics

- repeatedly attack until India finally responds
- then play the victim
- get the entire Islamic world to take your side
- pump out fake content (some even from video games)
- agree to a ceasefire
- then violate it, blaming India

[Sky News @SkyNews]

Sky News has found social media accounts expressing support for a Pakistan-based terror group linked to al Qaeda, appear to have posted recent videos from a Pakistan mosque targeted by Indian airstrikes

https://t.co/s6nIsCgUCs