Me on @MarioNawfal’s show on Friday: “To manipulate markets you take a large short position at the start of trading on Monday.”
Three days later. Monday. Oil down -7.7% before US markets open. QED, folks. Hate to say I told you so. 🛢️
🔴 IRGC Spokesperson provided a list of "Very Heavy Damages" suffered by the US military following Iranian Attacks over a 15-day period (from July 8th to July 21st),
• In the radar and air defense sector:
7 x Command and Control centers
3 x Satellite communication systems
6 x Patriot air defense radar systems
3 x air and sea control and monitoring radars
8 x early warning radar systems
7 x air-based missile defense radars
3 x FPS radar systems
2 x AN/FPS-117 radars
5 x Long-Range radars
2 x Air defense radars
1 x Tactical radar unit
• In the support and logistics sector, aimed at reducing operational capabilities:
6 x Fighter jet and Yelicopter maintenance centers
3 x Support and logistics centers
12 x Fuel storage
17 x Ammunition and spare parts depots for ships and aircraft
6 x Missile storage facilities
▪️ In the operational infrastructure sector:
6 x MQ-9 drone hangars
1 x F-15 fighter jet preparation hangar
1 x Drone hangar containing 8 brand new drones
2 x Command centers
1 x Aircraft carrier refueling platform
1 x P-8 aircraft hangar
4 x HIMARS missile platforms
5 x Fighter jet hangars
4 x Patriot air defense complexes
6 x Missile launch platforms
1 x Fuel pumping station
2 x Signal communication centers
1 x intelligence data center
1 x AI center, a data processing base belonging to Amazon
1 x remote-controlled vessel (RCV) depot
1 x fuel dock
4 x fighter jet shelters
6 x flight ramps and parking areas
• In the air operations sector:
11 x Fighter Jets and helicopters (on the ground)
17 x reconnaissance and operational drones (8 of which were brand new)
1 x F-15E fighter jet inside a hangar
1 x P-8A Poseidon aircraft
1 x C-17A transport aircraft
8 x Refueling aircraft
4 x Heavy helicopters
6 x Missile storage
@milesdeutscher Wouldn’t backdoors be more detectable in open source with millions of developers going thru the code compared to closed source? Or perhaps the real push for closed sources is for hidden back doors and kill switches?
@MarioNawfal I worry “Iran Prosperity” will be tied to kill switches in US banks similar to Iraq and Venezuela. They no longer have freedom to invest their monies as they wish.
The Network School (@ns) drama is all over the Internet
What's really happening?
I'm Malaysian & Irish ~ born and raised in London. Recently moved back to 🇲🇾 for good.
My plan?
To help build Malaysia's AI Builders Hub (@KrackedDevs) ~ upskilling our people, pulling Malaysian builders together, and pushing for Malaysian-made tech products.
Turning Malaysians from consumers into producers.
Here's a thread - a simple breakdown of the NS Drama, from my humble perspective 👇
Please take time to watch the Sky News documentary about the Minab school bombing by the US on Feb 28 as it started an unprovoked war on Iran that has been going on to this day. When I watched the documentary, I had to stop few times to wipe away tears.
This is a war crime of historic proportion.
https://t.co/3w64jJRBHt
Should the global tech community continue investing in Malaysia?
Given recent events, I raise this question respectfully for the consideration of Prime Minister Yang Amat Berhormat Dato’ Seri Anwar bin Ibrahim (@anwaribrahim), for the people of Malaysia, and for our friends in the Malaysian tech community. The answer will be of interest to anyone in global tech that’s considering building, investing, or expanding in Malaysia, including executives at Google, Amazon, Apple, and Microsoft, founders of tech unicorns like Coinbase and Solana, and investors at the world’s largest venture capital funds like a16z and Polychain.
As context, I am the former CTO of Coinbase and former General Partner at a16z. In October 2024, I opened a startup society called Network School in Malaysia, because I felt I’d been invited in by the government’s pro-tech policies.
Specifically, the KL20 initiative set out Malaysia’s ambition of becoming a top 20 global tech hub. Their MDEC digital nomad visas and MM2H investor visas were created to facilitate an influx of global talent and capital. And the Johor-Singapore Special Economic Zone was announced to facilitate the flow of capital and talent between Malaysia and Singapore, where I live. When taken in combination with Malaysia’s datacenter buildout and its policy of welcoming visa-free visits for 98% of the world, it seemed like Malaysia might be a great place to build a global tech hub that was simultaneously inexpensive and easy to visit (especially for non-Westerners).
And that’s what we did, by creating Network School. It’s an international tech community with its first node in Forest City, Malaysia. We picked Forest City because it had millions of square feet of empty space, because it was one hour from Singapore’s capital markets, and because it was within the Johor-Singapore Special Economic Zone. Then, within 18 months, without a single penny of government money, we built Network School into a global attraction that brought thousands of engineers, investors, and builders from 70+ countries to learn technology, burn calories, earn online, and have fun, integrating with the local Malaysian economy along the way.
Indeed, in terms of quantifiable contribution to the Malaysian economy, we’ve already invested 100M+ MYR in our campus to make it startup-friendly. For perspective, that’s about 4% of the budget of Johor, the Malaysian state where Forest City is located. We employ dozens of Malaysians directly and indirectly at every level from executive to staff. We’ve backed Malaysian tech startups like Collektr, hosted events for local teams like Superteam Malaysia, and are major customers of many local businesses like barbers, laundromats, and restaurants. We’ve also revitalized the multibillion-dollar Forest City project, causing millions of MYR in real estate appreciation. And, as the video below describes, we were on the cusp of a 500M+ MYR expansion to grow our community, as well as a global merit scholarship with my friend Amjad Masad of Replit.
However, that emerging multi-billion dollar success story — which should rightfully have been hailed as a huge victory for the pro-tech policies of the Malaysian government — is at risk of being derailed by a fake story spread by an anonymous account named MP4P.
In short: on the day before the July 11 Johor elections, MP4P posted an Instagram post falsely accusing Network School of harboring illegal aliens. The sensational accusations caused a tizzy in Malaysia, until Malaysian authorities came to our campus on July 14 to investigate. (I should note that the officers were very polite and professional.) After checking hundreds of physical passports from 40 countries, including dual passport holders, the authorities confirmed to the press on July 15 that all travel documents were in order. During the process, we cooperated fully; in the thread below you can see a photo of the men, women, and children of Network School smiling and holding up their passports in the bright daylight. Our faces are shown and our names are known; we have nothing to hide.
With that said, the process is the punishment. What MP4P did is very similar to the American crime of “swatting”, because MP4P created a hoax report of a serious threat, thereby forcing the Malaysian police to take time away from protecting the Malaysian people towards investigating a nonexistent issue. Moreover, this anonymous MP4P account has also called for Malaysia to boycott Apple, Google, Amazon, and Microsoft…a move that would cost ordinary Malaysians thousands of jobs…even while MP4P’s own Instagram collaborators promote their Apple and Google apps! I mean, we aren’t talking about a credible accuser, but just someone screaming inconsistently at the top of their lungs on social media for traffic, an all-too-common phenomenon these days.
Anyway, at this point, all further investment we were planning to make in Malaysia is on hold until we get sufficient assurance that such issues won’t recur. So are the investment plans of many of our friends, including the execs and investors at global tech firms that we brought to Forest City. Because to put it very plainly: we have invested 100M+ MYR in Malaysia, while creating jobs for dozens of Malaysians, and our faces and names are known. Our Malaysian executives and employees deserve the benefit of the doubt over anonymous internet trolls.
There are two paths forward. In the first case, if Malaysia still wants continued global tech investment, if it wants to be a top 20 tech hub, if it wants us to revitalize Forest City, then we request an audience with the Prime Minister’s office to discuss the terms of a memorandum of understanding between Network School and the Malaysian government, similar to the document recently signed between the Solana Foundation and the Kazakhstan government.
Specifics can of course be discussed, but we would publicly commit to abiding by all Malaysian laws (we already do) and respecting Malaysia’s sovereignty (never in question). In return, they’d get to know our friendly community, and realize that we actually chose Malaysia because we thought it was a great place to build a tech hub where engineers from the global South, investors from the West, and builders from Malaysia itself could meet new people, build cool things, and perhaps create millions of dollars in economic growth in the fullness of time.
That vision of peace and trade, internationalism and entrepreneurialism, is still on the table. We aren’t asking for any money — just a meeting, to help restore confidence in Malaysia as an investable jurisdiction. Alternatively, if you don’t want our investment, or those of our colleagues at billion dollar funds and trillion dollar companies, we will of course respect your wishes, and reallocate our capital to other countries instead.
Either way, we will remain friends and abide by your decision. Please let us know.
@MarioNawfal What do you call if all your salary goes to your partner and whatever you want to spend on requires their tacit approval and they can cut you off if you displeased them?
@MarioNawfal Would it be ok for adults to use AI but not students? Coz students need to theoretically grow their neurological pathways via critical thinking during these critical formative years. Same with math. It’s not to use later in life, it’s for brain pathways.
I am pleased to introduce the Chinese Invisible Cities Index (CICI) - some Friday fun. 😏
These aren't the smallest or poorest cities. These are the cities with the least aura vs. their population.
They make you say: "wait, I've never heard of it and it has HOW many people?"🧵