A bunch of people have written me back saying this was the best newsletter I have ever sent (flattering) ... so here it is for those who don't subscribe: AI Is Not a Labor Crisis. It Is a Meaning Crisis.
SITUATION DETECTED: Warhound launched from stealth today with a $200M seed at a $1.2B valuation. Ben Lamm and Palmer Luckey are cloning gene-edited bio-enhanced dogs and equipping them with custom Anduril vests, goggles, and sensors for the military and law enforcement.
@KellyCNBC yay whale rock! ... btw, that was the old SV line from a decade ago 'eveveryone is stuck thinking liniarly, we think exponentially'... but now i think story is everyone thinks they think 'exponentially' .... but the world is actually a series of asymptotes!
guys... @KevinColleran really needs a whole wall of missing tchotchkes and deal toys... oy vey. The most kevin thing ever would be if you would each send him one from your fund for him to feature. DM me and I will send address.
I just asked my bot to one-shot write our entire AGM LP update deck (just to see what it would do)... I am BLOW AWAY. This is far better & more insightful than what we would have written on our own. Wild.
@Nepo_capital well... if you could read the deck - you would see it is business wise quite in line with what i have been saying for years ... incumbents win, asset owners win - it is great to use but commodity that will ultimately prove to not be business disruptive vs make rich richer z:)