Ross Trachtman

Jamming on what’s next | prev. Principal @BHDigitalAssets, TMT L/S | Proud @UCBerkeley 🐻 | Views are my own

[Ross Trachtman @riscoedash]

https://t.co/EtSKWoyP53

[Vlad Tenev @vladtenev]

Broad ownership is the new social contract of the AI age

[Ross Trachtman @riscoedash]

The drumbeat continues @TryMinervaAI @OpenAI

[Daniel A. Saedi (DataManDan) @TheRealDanSaedi]

Every sales and marketing tool now promises AI will improve your results

but they don't tell you how it will cost thousands of dollars and hours of time to onboard

We built a system with @OpenAI for the part everyone hides: onboarding

And today we're giving it away for free

[Ross Trachtman @riscoedash]

@TheRealDanSaedi Incredible launch!

[Ross Trachtman @riscoedash]

@justinsliao Let's go!!

[Ross Trachtman @riscoedash]

So proud of these guys. I wrote the first check in because of who they are. Today the world gets to see what they built. Congrats on the launch! @TryMinervaAI

[Daniel A. Saedi (DataManDan) @TheRealDanSaedi]

AI can now read your customers' minds.

We raised a $20M Series A lead by 8VC & Lingotto to build this.

Introducing Minerva, built in collaboration with OpenAI:

[Ross Trachtman @riscoedash]

I like kalshi a lot but come on man…I do wonder what % of the population understands how unserious some of the pricing they’re seeing is

[Ross Trachtman @riscoedash]

Creative ways to align incentives proliferate in an increasingly financialized world!

[Tyler Bosmeny @bosmeny]

A mic drop moment @ycombinator tonight

@sama just offered $2M in OpenAI tokens to EVERY YC startup in the current batch in exchange for equity

Just like Yuri Milner offering to invest in every startup back when Sam was a YC partner

I can't wait to see what's unlocked when you let the most driven, creative and formidable founders tokenmaxx

[Ross Trachtman @riscoedash]

-has raised venture capital x3
-sold 2 companies
-works at ai darling

Feels obliged to represent “the underclass” of SF. Almost underscores the OP about SF vibes.

[Amadeo Pellicce @amapel]

https://t.co/sov1h4mOzD

[Zach Abrams @zcabrams]

public markets used to capture most of wealth creation. they don't anymore. The # of public companies has declined 50% over the last 2 decades. Private company market cap now sits at over 13T, up from 2T 10 years ago.

demand for private-company exposure is rational and growing. markets will find a way to meet the need ... whether via tokenized stocks or prediction markets or perpetuals or something else

[Joshua Kushner @JoshuaKushner]

what if everything goes right

[Ross Trachtman @riscoedash]

@jords These stocks trade after hours??

[Paul Graham @paulg]

The biggest opportunity for would-be startup founders is AI. But the most underpriced opportunity is probably non-AI ideas. So if you have a good non-AI idea, go for it, because everyone else is going to overlook it.

[Ross Trachtman @riscoedash]

I don’t know what llm whoop is using but I wasn’t expecting to start my morning getting existentially roasted 😂 @WHOOP @willahmed

[Ross Trachtman @riscoedash]

Throat to choke! Great piece @justinsliao

[Justin 🏴 @justinsliao]

https://t.co/Sdu6j6exFP

[Ross Trachtman @riscoedash]

@tzedonn Super insightful Donn!

[Zach Abrams @zcabrams]

we're going to add 20 bps to US gdp with all the tokens consumed trying to win this 1b kalshi challenge

[Ross Trachtman @riscoedash]

Nobody executing better in the category!! 💵

[ARQ (DolarApp) @arq_finance]

Today is a big day for ARQ as we welcome @sequoia and @foundersfund as partners.

This milestone reflects conviction in the opportunity ahead of us — and in the exceptional team we are assembling to pursue it. We are in a quest to redefine finance in the Americas, and we feel privileged to advance this long-term effort alongside such remarkable partners.

We thank @andrew__reed and @Vanthienen_m for leading the respective investments, and are also grateful to @ycombinator (@aaron_epstein ), @KaszekVentures (@HernanK), and @BHDigitalAssets (@TheChicagoVC) for their continued support.

For the builders: we operate with long-term ambition and absolute conviction. If you are exceptional at what you do, this is a defining moment to join us. We are building one of the most important financial institutions in the world — and assembling the team to make it happen.

More details in our careers portal in the thread.

[Ross Trachtman @riscoedash]

@JonRothstein HOW BOUT THEM BEARS @CalMBBall

[Ross Trachtman @riscoedash]

Ultimately, companies are going to have to make concessions on this front with retail becoming meaningful in markets. Started with ipo allocation for retail and it will continue down the stack to create alignment

[Luke Metro @luke_metro]

You know a startup CFO hates to see this coming for their cap table