@altcap - born and raised in Indiana. Moved to SF to work at Facebook, then under @DavidSacks, then backed by @saranormous, and exited to @Paylocity.
Our new business intends to give 3% of net revenue to Invest America. We're building the AI version of S&P Global... research, data, indexes. The same system can produce various financial products, including more concentrated vehicles, private funds, etc.
I'd love to tell you more – and I would intern for free, as you did back in the day.
At a minimum, the data and research we have will be interesting:
- Do frontier models pick the same stocks?
- Which frontier models drive the best performance?
- Do frontier models adhere to risk parameters?
- Do models perform better with more or less frequent trading?
... and many more fascinating experiments. We'll be sharing some of the data publicly soon – please give us a follow.
Atoms Finance is hiring. We’re expanding the team to support our growth.
Controller - https://t.co/00xAeMYka2
Senior Director, Financial Operations - https://t.co/e3XDmEHsJl
Senior Director, Technical Accounting - https://t.co/lIU6wygOUh
Vice President of Finance Technology - https://t.co/oz3gfDHP6a
DM me if you or someone in your network is a good fit. Happy to connect you directly with the team.
Gavin's demand could easily 100x next year, but what he's saying is the budget is constrained by scale (AUM).
At any given AUM scale, your fees become your token budget.
You could argue an AI-native investment firm is advantaged because legacy fees/incentives may not apply.
Many variables, super interesting problem!
Good review of total compensation by @RalphSmith47 and @FedSmith. The other issue - which we are addressing at @USOPM - is that we don't grade people appropriately because too many federal roles have degree and/or minimum tenure requirements and promotions are gated by time in grade (i.e., tenure). We are eliminating these proxies for merit in place of demonstrated merit. If you are performing at a GS-14 level, you should be leveled there, independent of whether you have a college degree or have worked for a minimum number of years. TLDR --> Merit > Tenure!
Yesterday was the end of paper retirement processing at OPM, a major milestone in modernizing how we serve the federal workforce. Read the @foxnews exclusive: https://t.co/fXc2RXlb09
Today, we are releasing Rampart: a 14.7MB machine learning model designed to protect citizens’ privacy by redacting personal information directly in your browser before it gets sent to any server
My idea of a good time is working with amazing engineers to create incredible technology 🤩
The Tesla chip research fab will have all the machines needed to do logic, memory, packing & masks in one building for a lightning fast development cycle. Heaven 💫
Robinhood CEO Vlad Tenev says AI is ushering in a "job singularity" – a Cambrian explosion of new job families across every imaginable field.
“There's going to be a flurry of new entrepreneurial activity with micro corporations, solo institutions, and single-person unicorns.”
“When you look into the future, the jobs will not look like real work.”
Source: @vladtenev on @TEDTalks
https://t.co/PP0NuVlewQ
We’re partnering with @linear to connect planning to execution.
See how work moves from idea to shipped code, grounded in real signals from engineering activity, including how AI-assisted work shapes outcomes in practice.
If you run on Linear, explore the integration:
https://t.co/65St4rYPhy
Wow the impromptu Caleb speech… ‘make your money in the regular season, the playoffs are for your name. For our legacy.’ Then he gives his game ball to Ben Johnson.
Can’t believe it’s the Bears.
We at @USOPM have received a lot of complaints over the years about FedScope (the government talent database) - hard to use, untimely data, inadequate reporting tools, etc. To deliver on the transparency goals of @POTUS, the team has done a complete revamp and today is launching a new Federal Workforce Data website to provide faster updates, clearer visuals, and more visibility around the federal workforce. Huge congrats to the development team! https://t.co/PUPZT3ZIxk
Super impressed with the applicant interest levels we are seeing around @ustechforce, so just wanted to remind folks that we are planning to close the application process on Jan 16. If you are on the fence and need a nudge - or just a procrastinator - consider me your delightfully annoying parent who is encouraging you to get off the dime 😊
Applications details are at https://t.co/omPfPuPV17
Join an elite group of technologists to transform the federal government through modern software development. Go to https://t.co/Jv6v8D7k3i to apply today
Thank you @andrewrsorkin for the time this morning on @SquawkCNBC - very exciting to launch @USTechForce to get America's best and brightest tech talent to help us modernize the federal government. Apply at https://t.co/9prbYAoXCL
Today I am announcing a historic decision at $BRR.
100% of equity compensation for the CEO (me) and the Board of Directors will be tied to performance milestones.
CEOs and Boards shouldn't be making millions of dollars unless retail shareholders are also winning.
Now that I am in charge of a public company, I hope to set the standard for what true shareholder alignment looks like.
INSIDE NYT’S HOAX FACTORY
Five months ago, five New York Times reporters were dispatched to create a story about my supposed conflicts of interest working as the White House AI & Crypto Czar.
Through a series of “fact checks” they revealed their accusations, which we debunked in detail. (Not surprisingly the published article included only bits and pieces of our responses.)
Their accusations ranged from a fabricated dinner with a leading tech CEO, to nonexistent promises of access to the President, to baseless claims of influencing defense contracts.
Every time we would prove an accusation false, NYT pivoted to the next allegation. This is why the story has dragged on for five months.
Today they evidently just threw up their hands and published this nothing burger. Anyone who reads the story carefully can see that they strung together a bunch of anecdotes that don’t support the headline. And of course, that was the whole point.
At no point in their constant goalpost-shifting was NYT willing to update the premise of their story to accept that I have no conflicts of interest to uncover.
As it became clear that NYT wasn’t interested in writing a fair story, I hired the law firm Clare Locke, which specializes in defamation law. I’m attaching Clare Locke’s letter to NYT so readers have full context on our interactions with NYT’s reporters over the past several months.
Once you read the letter, it becomes very clear how NYT willfully mischaracterized or ignored the facts to support their bogus narrative.