Vikuna Lion

Que viva el rock

[Dan Gray @credistick]

Databricks could have gone public in 2020 at a comparable scale to Snowflake.

Instead, it stayed private and raised an estimated $28B across seven subsequent rounds.

Consider two scenarios based on public comps:

- A hypothetical 2020 listing, resulting in a public company worth ~$200B in 2027.

- The current trajectory, where Databricks goes public at a valuation of ~$200B in 2027.

The difference between these scenarios is the 7 years of private capital at a cost of around 18%, versus public capital at a cost of 12%.

As a result, 2020 shareholders have sacrificed ~$30B of present value in order to stay private, and venture capitalists expanded their fee income by ~$6B.

Even the carried interest from a much larger 2027 IPO is lower, if you factor in the time value of money.

Unfortunately, it's easy to grandstand with the TVPI on earlier investments and obscure the damage done to the company by injecting more capital.

[Seb Johnson @SebJohnsonUK]

Share price of $2,113. Retail investors bought in at $2.10.

That means it's a 1000x for crowdfunders who invested, on average, £2,156.

£2k to £2m in 10 years.

Life changing money.

[Stacy Herbert 🇸🇻🚀 @stacyherbert]

El Salvador is leapfrogging to the top.

We are now number 4 trending dataset of more than one million on Hugging Face. Capturing global mindshare amongst the best and brightest builders, engineers and doers with vision and excellence.

First Hugging Face, then the world 🐸🚀

[liemandt @jliemandt]

This is similar to what we teach kids at Alpha School:

1) Use AI in the morning to learn traditional academics 10x faster.

2) Spend afternoons in human-led, team-based projects and workshops learning life skills.

[David Vance @DavidVance]

The only reason we know about the horrific attack by a migrant on a defenceless man in north Belfast is because of X. Mainstream media mute.,

[El Salvador News English @SLVNewsEnglish]

Salvadoran-American Astronaut Frank Rubio Named to NASA’s Artemis III Crew for 2028 Lunar Landing. https://t.co/p5Xrlv8Iao

[ThePersistence @ScottPresler]

Thank you, Elon.

We’re not letting this issue go.

Pass the SAVE America Act!

[ThePersistence @ScottPresler]

VICTORY!

The House just passed the budget reconciliation bill 214-212.

This means that ICE & Border Patrol are FULLY FUNDED for the next 3 years.

Every democrat voted against it.

President Trump’s promise to secure the border is funded for the rest of his administration.

Congratulations to @SpeakerJohnson for this huge win with one of the most narrow majorities in American history.

The bill is on the way to President Trump’s desk.

[Rep Hugh Blackwell @Rephugblackwell]

IT'S OFFICIAL: The SAVE America Act has ADVANCED in the US Senate, 51-48

GREAT WORK, #BasedMikeLee!

KEEP PUSHING, PATRIOTS!

We can get this done! 🇺🇸

[Francesco 🇮🇹 @SaP011]

Her name is Luana Zaratti, an Italian bus ticket inspector.

She was 26 when, during one of her shifts, she asked an illegal Egyptian immigrant for his ticket.

He had none. His answer was a violent headbutt straight to her face, so hard it shattered her nasal septum and caused severe head trauma.

Luana collapsed to the ground, blood pouring from her nose.

That single blow destroyed her life.
It left her with permanent brain damage and lifelong disability.

Years bedridden, almost vegetative.
But her willpower pulled her back to a shadow of the life she once had.

The attacker was sentenced to just 14 months in prison, but he never served a single day. He disappeared.

Luana, declared unfit to work, now survives on less than €1,000 a month.

[Joe Lonsdale @JTLonsdale]

Two US aviators went down near the Strait of Hormuz. DoW used an autonomous @Saronic Corsair to find and bring them home - the 1st drone rescue at sea in military history.

This is why we build: to keep our troops safe. This was science fiction. American builders made it real 🇺🇸.

[Patrick OShaughnessy @patrick_oshag]

My conversation with Alex Sacerdote, founder of Whale Rock Capital Management.

Alex runs more than $17B and has been one of the best performing tech investors for years, though he keeps a low public profile.

As you'll hear, he is singular in how he thinks about investing through technology cycles.

For over 25 years, he has built his entire investment framework around a single idea, the S-curve.

We discuss:
- The AI L-Curve
- When to buy into an S-curve and when to sell out
- The de-commoditization of data center hardware
- Why he went net short software
- His two models for tech adoption
- Finding alpha

Enjoy!

Timestamps
0:00 Intro
9:55 AI's L-Curve
19:31 Whale Rock's S-Curve Playbook
26:14 Spotting Inflection Points
32:02 Finding AI Winners
40:04 AI vs Software
48:13 The Hardware Renaissance
58:04 Why Investors Miss AI
1:05:18 Whale Rock's Research Machine

[James E. Thorne @DrJStrategy]

This bull cycle will last far longer than Wall Street expects.

There is no bubble. AI infrastructure and semiconductor demand are still in the early stages, supporting S&P 500 earnings growth toward $650 by 2031.

Inflation is not the issue many claim; a supply shock simply changes relative prices. Why does everyone forget their undergraduate economics?

Warsh is not a hawk.

We are also heading toward a constructive Iran deal that restores risk-on momentum.

Ignore the doomers. This cycle has substantial room to run.

[Hamas Atrocities @HamasAtrocities]

ICC's chief prosecutor Karim Khan has been SUSPENDED!

The British lawyer, famous for issuing arrest warrants against
Benjamin Netanyahu and Yoav Gallant, was suspended following a sexual misconduct probe

[ThePersistence @ScottPresler]

Did you know that the parliamentarian can be dismissed at ANY moment?

The parliamentarian serves at the pleasure of the Senate Majority Leader.

Thune has the sole authority to remove AND replace the parliamentarian w/o a vote from the Senate.

Fire Elizabeth MacDonough!

[Garrett Langley @glangley]

Crime is now a choice.

Agree with @GavinSBaker in @chamath, @Jason, @DavidSacks and @friedberg's recent @theallinpod episode.

Safety used to follow wealth. Where there was money, there was safety. Where there was not, families were left to absorb the difference. Today?

That's over.

@Flock_Safety partners are reducing crime month after month, with a cost of less than $20 per person, per year.

Some of the biggest drops come from places that had been told for decades it wasn’t possible.

Greenville, MS. Poverty rate above 20% for decades. Violent crime rate the New York Times wrote about. 79% reduction in less than a year with Flock. 90% reduction in homicide.

As communities get safer, I think it’s going to feel strange to visit some of the wealthiest parts of America that choose to allow crime to flourish.

[Mr. Pool @MrPool_QQ]

🔻 SUNSCREEN ENTERS YOUR BLOODSTREAM IN UNDER 24 HOURS. THE FDA CONFIRMED THIS IN 2019. THEY DID NOT PULL A SINGLE PRODUCT. THEY TOLD YOU TO KEEP APPLYING.

In January 2020, a randomized clinical trial published in JAMA found that six active sunscreen chemicals — including oxybenzone and avobenzone — absorb into the bloodstream after a single application. Not after years. After one use. At concentrations exceeding the FDA's own safety threshold by 180x to 500x.

The FDA did not recall them. They issued a statement: "Continue to use sunscreen."

Oxybenzone is a confirmed endocrine disruptor. It mimics estrogen. It crosses the placental barrier. It has been found in 97% of Americans tested. It is in breast milk. It is in amniotic fluid. It is in your children before they are born.

A former formulation chemist — 11 years at a top-3 sunscreen manufacturer:

"We had internal absorption data by 2014. Full transdermal penetration within 26 minutes of application. The compounds don't sit on the skin. They were never designed to. The delivery mechanism is identical to a pharmaceutical patch. We knew this. The mitigation strategy was never reformulation — it was public messaging. Keep the consumer applying. The margins on chemical sunscreens are 1,400% above production cost. Mineral alternatives cost 4x more to produce. The decision was financial. Every internal document confirmed that."

They told you the sun causes cancer. What they didn't tell you:

Vitamin D — produced only through direct sun exposure — is the single most critical regulator of immune surveillance against malignant cells. A 2023 meta-analysis confirmed: Vitamin D deficiency correlates with a 30-60% increased risk of colorectal, breast, and prostate cancers.

They blocked the one thing your immune system needs to fight cancer. Then sold you a chemical that enters your blood and mimics hormones. Melanoma rates have increased 320% since 1975 — the exact period sunscreen use became widespread.

The paradox is published. McGill University, 2023: "Sunscreen usage is climbing, but so are melanoma and skin cancer rates."

They didn't protect you from cancer. They removed your defense against it and charged you $14 a bottle.

15 minutes of direct sun daily. No screen. Arms and face exposed. Your body produces 10,000-20,000 IU of Vitamin D in that window — the amount they sell you in pills because they blocked the free version.

CODE: JAMA-2020-6CHEM / OXYBENZONE-97PCT / VIT-D-IMMUNE / MELANOMA-320-1975 / MCGILL-PARADOX-2023

⟁
They made you afraid of the sun so they could sell you a hormone disruptor and call it protection. The sun is free. That's why they taught you to fear it. Share this.

[🇺🇸RealRobert🇺🇸 @Real_RobN]

There it is:

🚨🚨Investigative journalist @laralogan Logan Drops A BOMBSHELL, Trump went after Maduro—knowing Venezuela coordinated with Iran and the CCP and helped overthrow the United States government on November 3, 2020. And the intelligence community covered it all up.

In other words: Sidney Katherine Powell VINDICATED ONCE MORE: Precisely why the regime went after her:

@SidneyPowell1: “I can hardly wait to present all the evidence we’ve collected on Dominion—starting with the fact that it was created to produce and alter voting results in Venezuela for Hugo Chávez, and then shipped internationally to overthrow governments, including this one the United States government.”

Venezuelan Military Intelligence whistleblower CONFIRMS that the Central Intelligence Agency outsources its election rigging software and voting machines [smartmatic] to multiple countries, including the U.S., from Venezuela.

"My name is Hugo Carvajal Barrios. For many years, I was a high-ranking member of the Venezuelan regime...

…Smartmatic was born as an electoral tool of the Venezuelan regime…I know this because I placed the head of IT of the National Electoral Council (CNE) in his position, and he reported directly to me. The Smartmatic system can be altered-this is a fact. This technology was later exported abroad, including to the United States. Regime operatives maintain relationships with election officials and voting-machine companies inside your country..."

REPORT: Dominion deleted 2.7 million Trump votes nationwide.

Data analysis finds 221,000 Pennsylvania votes were switched from President Trump to Biden.

941,000 Trump votes were deleted.
States using Dominion Voting Systems switched 435,000 votes from Trump to Biden.

[Edison V. Campos @Edison_vander]

Um homem de 25 anos mandou mensagem para uma menina de 13 anos.

"Oi, gatinha." "Meu sonho é ficar com você." "Seria uma honra tirar a virgindade dela."

O que ele não sabia: era a mãe quem respondia.

A mãe perguntou diretamente: "Isso não é pedofilia?"

Ele deu risada. E marcou o encontro.

Chegou lá — e encontrou a mãe.

Sete dias sem dormir. Conhecia o homem há 20 anos. Viu a filha crescer.

Ela bateu nele. Depois acionou a polícia, fez o boletim e entregou o celular como prova.

Ele foi à delegacia, prestou depoimento.

E foi embora. Não ficou preso.

Uma mãe passou 7 dias em colapso, montou uma operação, colheu as provas, entregou tudo — e o Estado soltou o homem na mesma noite.

Ela fez o trabalho da polícia, do MP e do judiciário.

E mesmo assim, não foi suficiente para mantê-lo atrás das grades.

[TheWorldHasGoneNuts @PatrickMcSwain]

REPOST THIS PLEASE!!! California did not tell me they rejected my ballot. They also rejected my wife's ballot I have discovered. They claim it is a bad signature on both.

Go to https://t.co/Xiq8fFrqSZ and verify they accepted your ballot.