Levanid

Privacy | Cryptocurrency | Blockchain enthusiast 🌍 Making a better world day by day

[Vikas gupta @vicky_grok]

🚨 Anthropic just showed a 27-minute workshop on how to actually do prompts for Claude.

Taught by the people who built it.

Free. No registration. No paywall.

I've seen $300 courses that don't cover what they teach in the first 8 minutes.

Watch it and bookmark it now.

[Jim Huffaker @jayfaker]

@OrevaZSN

[AI Notkilleveryoneism Memes ⏸️ @AISafetyMemes]

No, seriously, you can't trust screenshots anymore

[Pirat_Nation 🔴 @Pirat_Nation]

Google Chrome is quietly downloading a roughly 4 GB AI model to many users’ computers without clear upfront consent.

The file, called weights.bin, is part of Google’s Gemini Nano on-device language model and lands in the browser’s user data folder under OptGuideOnDeviceModel.

It powers built-in AI tools such as “Help me write,” smarter tab suggestions, on-device scam detection, and page summarization. The download triggers automatically for devices meeting minimum hardware requirements, and Chrome often replaces the files if deleted.
While the model processes data locally, installation happens in the background with minimal notification.

The scale is noteworthy. Hundreds of millions or billions of installations add up to thousands of tonnes of carbon emissions globally from data transfer, even though each is a one-time event.

To prevent or remove it, go to chrome://flags, disable the entries for the optimization guide on-device model and Prompt API, restart the browser, and manually delete the folder.

[Mr. Macintosh @ClassicII_MrMac]

Happy 25th Birthday OS X!🥳🎉

At exactly midnight on March 24, 2001, Apple released Mac OS X 10.0 (Cheetah) in retail stores

What followed became history, and to this day I consider it the greatest OS ever built

This special day deserved a real party, and everyone showed up🥹

[Israel Foreign Ministry @IsraelMFA]

A lie went viral. A child’s illness was twisted into propaganda.

This isn’t journalism.
It’s a blood libel.

[Saul Sadka @Saul_Sadka]

There’s a special place in hell for the editors & journalists who took Hamas’ photos of children with congenital conditions (and parents with double chins) and broadcast them to their already radicalized audience with the message, ‘Look what the Jews did.’

Remember their names.

[Irboz 险中求胜 @irboz]

Le ravisseur dans l'affaire Ledger à essayé de retirer 27 fois ses USDT en vain😭

Peut être d'ici quelques décennies les gens comprendront que le cash c'est plus simple à cacher que des USD sur la blockchain

[Shai (Deshe) Wyborski @DesheShai]

"And like in the Olympics, no one remembers who comes second."
Hold the phone there, $pyi skipper. Olympic athletes are responsible for their own achievements. Your "achievement" is copying the hard work of the Rusty $kas devs.
In this link, anyone can go over all the changes you made to the rusty-Kapsa code you "borrowed":
https://t.co/yeZFytg6As
(you can click the ... on the right of each line and choose "compare" to see the differences).
It boils down to:
1. Copy some more from Rusty-Kaspa (esp. the new WASM binding)
2. Add a Python SDK
3. Search and replace "Kaspa" to "Pyrin"
4. Change the mining hash
5. Minting yourself 30.1M coins
You did not contribute whatsoever to this "success", all you did was replicate on your mainnet what we have been doing for more than half a year on our testnet.
Moreover, you put yourself in a problematic situation. For some reason, you decided to copy an unstable version back from May. You are missing a lot of key security and stability features that have been implemented since. The problem is that you cannot just copy them because some require a hard fork.
For example, the RBF and fee estimation features are based on KIP9. Did you copy KIP9? Good. We didn't implement KIP10 at the time, did you implement KIP10? Of course you didn't, you didn't implement anything.
So congratulations: it is now impossible to do microtransactions on your network without requiring both the sender and the receiver to sign the txn. Good luck incorporating that sh*tty UX requirement on your ecosystem.
Did you know this? Do you have a plan for this? And this is just a mild one. Are you prepared to deal with the stability issues lurking in the subtler nuances? Those the Rusty Crew have been spending weeks addressing after you forked their codebase?
And I can't help but wonder: were you aware of this and other limitations? Did you bother understanding the significance of the updates on the queue before you rushed to fork an unstable version months before the feature freeze?
You don't have to answer that. You already have.

Here's my advice to you: be more transparent and honest.
Do you want to use our code or any other FOSS code? Go ahead. That's what FOSS is for. But don't go and present work you contributed nothing to as "your" achievement. Don't brag about being "the first" to (badly) deploy other people's (unfinished) code.

You have been raving for over a year now about PAIW, and the only information available about what it is even supposed to be is a single vague paragraph on your website. The same goes for whatever it is you have planned for SC. Your public repo has existed for over a year and exhibits zero original work, just slapping a Pyrin theme on ours. You crown yourself as "leading the innovation," but you haven't put out a single shred of original work!

Get your sh*t together, you are acting like a bunch of crooks.

[Abu Ali Express English @AbuAliEnglishB1]

Must watch! The IDF drops a media bomb on the #UN:

Armed #Hamas terrorists walk around and fire weapons inside #UNRWA's central logistics warehouse compound in #Rafah and near UN vehicles.

Seriously incriminating evidence.

I wonder what the UN's @antonioguterres has to say...

[Internal Tech Emails @TechEmails]

Notes from Sam Bankman-Fried

Circa late 2022

[The Factor Report @PeterLBrandt]

Bitcoin Update
With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000. $BTC
A close below last week's low will nullify this interpretation

[Arena.ai @arena]

🔥Breaking News from Arena

Google's Bard has just made a stunning leap, surpassing GPT-4 to the SECOND SPOT on the leaderboard! Big congrats to @Google for the remarkable achievement!

The race is heating up like never before! Super excited to see what's next for Bard + Gemini Ultra release.

[MrBeast @MrBeast]

I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made)

I’ll pick the winners in 72 hours

[Greg Brockman @gdb]

Sam and I are shocked and saddened by what the board did today.

Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out.

We too are still trying to figure out exactly what happened. Here is what we know:

- Last night, Sam got a text from Ilya asking to talk at noon Friday. Sam joined a Google Meet and the whole board, except Greg, was there. Ilya told Sam he was being fired and that the news was going out very soon.

- At 12:19pm, Greg got a text from Ilya asking for a quick call. At 12:23pm, Ilya sent a Google Meet link. Greg was told that he was being removed from the board (but was vital to the company and would retain his role) and that Sam had been fired. Around the same time, OpenAI published a blog post.

- As far as we know, the management team was made aware of this shortly after, other than Mira who found out the night prior.

The outpouring of support has been really nice; thank you, but please don’t spend any time being concerned. We will be fine. Greater things coming soon.

[Josh Kopelman @joshk]

Hard to take this statement at face value -- given all the tweets @paddycosgrave has been liking over the last few days. I saved several of them on the attached google doc (so we have a record when the @WebSummit PR team asks him to delete them).

https://t.co/MOvP5bXqLy

[Garry Tan @garrytan]

I refuse to appear at Web Summit and am canceling my appearance.

I condemn Hamas and pray for peace for the Israeli and Palestinian people.

[Anand Sanwal @asanwal]

Airtable is probably worth less than the total equity funding it has raised

I'm not talking about the $11.7B valuation it raised at in December 2021

I'm talking about it being worth less than the ~$1.4B+ in financing it has raised

Here's the math/data

Airtable is on track for $150M of ARR in 2023

Per @CBinsights, it was doing $115M in 2021

That's 14%'ish growth per annum

We'll come back to growth in a second

But for right now, that puts Airtable's forward price/revenue multiple at 78x ($11.7B valuation / $150M ARR)

Now, let's compare that price/revenue multiple with publicly traded peers in the broader project mgmt and collaboration space, specifically:

Monday: 12.63x
Asana: 6.61x
SmartSheet: 7.98x

Note: these are not forward multiples but trailing multiples for these companies. And so on a forward basis, the multiples are likely lower

But for the sake of simplicity and to give Airtable the benefit of the higher multiple, we'll use those comps

This would put Airtable's valuation in the neighborhood of

$991 million to $1.89B

Ouch.

That's a 84-92% valuation discount vs that $11.7B val in 2021

Here is where folks will typically argue that the above doesn't consider Airtable's growth

The logic is that Airtable is growing quicker than peers and hence will grow into that valuation and so should command a premium valuation multiple

And therein lies the problem

Once we layer in growth, the picture for Airtable gets worse

Here's YoY revenue growth for the comps

Monday: 68.5%
Asana: 44.6%
SmartSheet: 39.2%

As a reminder, Airtable's growth is ~14%

And here's their trailing revenues:

Monday: $624.8M
Asana: $606.5M
SmartSheet: $711.9M

Airtable: $150M (forward ARR)

So it's public peers are 4x to 5x larger in terms terms of revenue

And they're growing 2.5x to 4.5x faster

Add in a further discount for illiquidity given Airtable is private, the valuation is prob south of $991 million

Asana has the lowest price/revenue multiple of the bunch at 6.61x which is how we arrive at the $991M

Asana is also growing at almost 3x the rate of Airtable off revenue that is 4x larger

It's not hard to imagine that this brings down the multiple of Airtable to 3 to 5x which would equate to a valation of

$450M to $750M

That'd be a discount of 93-96% vs that Dec 2021 valuation

The company is cutting costs and repositioning for profitability which makes sense in this market but given the current likely valuation, all investors after the March 2018 Series B are likely underwater

They're also talking about a future IPO but getting back to anywhere close to that $11.7B valuation would require reigniting massive growth and making that price:revenue to growth ratio look more appealing

As always, if you believe any of my assumptions in the above are incorrect, please comment and I'll update the analysis if the additional context dramatically changes the results

https://t.co/oo3F5NVeat

[FBI Denver @FBIDenver]

Avoid using free charging stations in airports, hotels or shopping centers. Bad actors have figured out ways to use public USB ports to introduce malware and monitoring software onto devices. Carry your own charger and USB cord and use an electrical outlet instead.

[David Ulevitch 🇺🇸 @davidu]

This remains one of my favorite investor notes of all time. Thanks @LeadEdgeCapital.