yeah yeah yeah I got it okay cool yeah Peter I'll talk to you later thanks welcome to technology Brothers the most profitable podcast in the world um today we're saying thanks to uh a small brand called enchilada surfboards they sent us some stickers some merch uh go give them a follow we've reacted to their tweets before uh a lot of cool inside jokes for the defense tech crew I still don't understand basically any of them um but
I do believe I know the story behind this picture this was someone who was on and I think on an andal test site or something it was just kind of like a friendly dude and just had a great Vibe and so they they got a picture of him and they uh and they put it on a T-shirt and they're it's become part of their brand yeah the Ander roll to Surf apparel brand pipeline is sort of beginning clearly um and we're excited
about it I just like that yeah I mean we'll talk about the merch I'm sure but uh it's great that there that there's like you know more stuff going on in like the creative merch Southern California has two two histories Aerospace and defense and merch and surfing surfing yeah so if you can figure out a way to combine those there's a lot of alpha in that yeah yeah yeah uh speaking of Defense Tech uh did
you read we got to enter the truth Zone uh we're doing some factchecking we're keeping the information accountable a lot of people online call it the misinformation I think that goes too far I think we got to be nice to the information it's a great Outlet uh as we discussed ear earlier they just uh brought on Taylor Loren to write an article I talked to her about that I'm excited for that to drop and I get a lot of news from the
information I have the app on my phone I read it all the time it's great I get the push notifications they're fantastic publication and and somebody needs to stand up for the journalist besides journalists right they get a um uh they're doing super important work they get a lot of hate online they're in the arena um they're in the arena just like all of us and so this new segment is really meant to help uh you know
cultivate journalistic integrity at the information but more broadly and uh yeah we're excited to dive in today we got an article from uh Corey Weinberg talking about uh Trump's win and the impact on the defense Tech uh space BS yeah despite talk of a bubble so obviously a lot of people are are focused on you know what does the Trump Administration mean for defense Tech it's and it's it is it is genuinely confusing because
defense Tech is very right-wing coded right it's like American flags and like lifting and very like masculine and very Rogan but there's been this big wave where it's like well actually they're all talking about how they're no longer neocons they actually want to pull out of all the war the funny thing is Dick Cheney endorsed KLA so how does that how do you make sense of that right ex yeah
yeah it's odd I mean I I I My Hope Is that the the new Administration is obsessed with deterrence over conflict and so this is the Joe Lonsdale take where he said you have to build defense technology that is so asymmetric in its impact that the thought of conflict is is unfathomable and so you just don't go to war and Palmer said this too where Palmer said people Wars start when people miscalculate their abilities to attack
and they think that's a weak that's a weak Target I can go after it and so in general it's it's this odd it's this odd um kind of cont uh it's a little um it's a little bit of a paradox like you might see more defense spending with less war which would be great because defense spending has been at historical lows over the last five 10 years um and so yeah it actually dipped down substantially and so the renewed
investment in the space is positive for a lot of reasons yeah I mean right away I think we got to start at the headline um here's what I highlighted uh Trump's wi Stokes defense Tech Bulls despite talk of a bubble so
right away um you know there is talks of there being a bubble in defense Tech but um our point of view is I think the information you know obviously they're going to put their own spin on it if I was writing this article uh I would say
bubbles are awesome right um and so Trump's win Stokes defense Tech Bulls bubbles are awesome would be how I would write that but I'm not a journalist I just got a copy of the new book by stripe press by uh burn Hobart and Tobias uh called bubbles yeah and I haven't read it yet but I've I've heard his talk and I've been on on calls with him and uh and it's very interesting he has a bunch of really good points about
how Bubbles are what allow people to start really ambitious companies and there's a lot of dividends from those and that in fact uh like the average Joe doesn't usually get hurt by a bubble because they invest more regularly and the people get the most hurt when bub yeah exactly are the risk on folks so you don't need to be like like the argument of like what about Main Street doesn't actually apply to like bubbles
popping um but let's go through some of this article so they they talk about seric uh startup that is trying to build and sell a fleet of autonomous military boats to the US Navy they raised $175 million at a $1 billion valuation despite having secured only $17 million in government contracts according to investor materials and right away had to highlight trying to um this implies that they're not already selling to the US
government or at least uh that's kind of the angle that they're taking but they have a contract so they they are successfully doing that so they're selling so yeah when you're in the truth Zone we're not going to let that fly yep um they expect to generate uh 12.5 million in Revenue next but next year they're hoping to hit 150 so yeah I mean if you're growing 10 a revenue and it makes sense with any I mean this is a
young company it makes sense that if you're going to you know be building something as complicated as a boat for the military like there's going to be some lead up to actually getting a large contract I think Andre stole those shares at a billion if they can land this if they can land this 150 million with the Navy yep uh they're getting that they're getting in at at less than a 10x Revenue multiple for a company
that you know if they stay on this trajectory should be doing billions by the whole tone here still the ceranic fundraising was the kind of deal that has set off alarm Bells that the money flowing into young firms building Rockets drones and autonomous warships has far outpaced the government contracts the only alarm Bells you know within our networks that it was setting off is that uh other defense Tech CEOs
were like wow I'm I'm getting I got to get in on this yeah yeah yeah and uh and the size gong yeah the that was the real it wasn't actually an alarm Bell it was the siiz gong getting hit yeah exactly we got to get a gong on here um so there there's there's quotes from a bunch of different invest uh Matt cross Capital says the sector has become a little hypy which I think everyone agrees with this is true there
are a lot of companies that need to grow into their valuations probably also true but again it's a good time it's a good time to need to grow into valuation because you have like you have low interest rates you have more money flowing in like this is the time when you have like the worst time to try and grow into evaluation was 2022 2023 when everything was down now it's like it's okay you can breathe you can raise some
more money the the bubble narrative here is depending on this idea that uh government uh investment is outpacing government contracts right which is the entire nature of venture which is like let's deploy a lot of money into Big Ideas that don't have a lot of Revenue now but might have a ton of Revenue in 2034 right and so I think the whole premise uh of this entire paragraph here uh is sort of uh Incorrect and and just
sort of a little bit uh disingenuous given that that's the entire Venture model right yeah I mean the thing with the defense Tech bubble is like you could say that it's the same bubble as you know like compared to the crypto bubble or like the nft bubble that happened like I just think about the sure it's like a what it's going to be a 10x forward Revenue multiple on that company that's not that crazy compared
to what we were seeing in some of the crypto companies where it was like a 100 or thousand X even in just B2B software but what what I really even truth social obviously is commanded pretty meaningful multiples like a thousand X yeah actually more like 10,000x yeah but uh but but the the the thing that I genuinely believe is is is a reason to not fear a defense Tech bubble is that a it's good for our team it well
it's good it's good for our team it's good for our country and the skills that you learn working at a defense tech company are super valuable like you're learning how to build things and and work on machines and stuff and it's like hey there's a million jobs like all the Primes not just like the big companies like anderol and stuff but like even the primes they they they they like the defense industry supports like hundreds
of thousands of jobs so if you learn some new skills you can go into that and then have an impact there even if your company doesn't work and uh but but no one was saying oh yeah like an nft guy is going to go and work on Wall Street or like get or if this if this nft bubble pops we're definitely going to be hiring the nft Traders at Jane Street like no that wasn't going to happen so uh there was definitely like a like okay
what do you do with those skills of just like pying the only the only the only thing I'd push back on that is that I have you know there's a buddy of mine in Malibu who um you know's been operating like a smaller crypto fund for the last few years and he's got opportunities within the Trump Administration now to help uh you know potentially uh shepher the new Administration in terms of how do we even think about this new industry right
yeah yeah I mean now yeah overall overall I look at this is I I I think one bubbles are awesome two this bubble um you know that it's it's obvious that some really big important companies have already been built in the space paler and roll the big breakouts but um if if all these billions of dollars of investment end up you know creating another one or two pal tiers or Ander rals and that's all that happens that's
good for America that's good for our team that's good for Corey who wrote this article yep um and I think everybody uh everybody's going to win um and the overall return profile uh should be similar to that of um could be could be very similar to climate Tech right where if you looked at the core climate Tech Investments they actually didn't do that well but if you included Tesla in that group uh it it actually ended up
being a really good place uh to invest overall so there's a whole section on bearish signs very Doom pilled here the information um under I would I would position this if I was going to rewrite this um and maybe we could start getting early versions of this for Cory but I would position this as um uh just you know potential challenges right none of these every defense Tech founder I know knows that what they're doing is not
easy right it's not like we built this cute app and we shipped it and we got our first 10 users and now it's um you know we're going to try to get to 10,000 by next month and a million by the end of the year whatever uh it's obviously very hard uh and not easy to navigate uh you know federal government but uh certainly worth doing it's we worth taking on that challenge yeah and so uh he writes underpinning the optimism is the push
from Executives at defense Tech firms like paler anderol and SpaceX for reforms in how federal agencies buy weapons and Technology uh they argue that instead of buying from a small handful of large firms such as Ron and lock Martin government buyers should reward younger firms the executives say can build Rockets missiles and tanks more cheaply this argument so far hasn't helped many startups among among more
than 125 Venture back startups focused on defense Aerospace and Robotics analyzed by Hoy Wang a deep Tech analyst just 10 firms accounted for 70% of the government contracts awarded for this year yeah that's a power law baby yeah I mean of course there's going to be some power law here but the power law here is so much weaker than in like you know online advertising or something where or search you know Google one firm Google
owns like 90% of the search market and so yeah to me to me 125 yeah actually doesn't sound like that much at all like historically that like over the past few decades there's been massive consolidation in uh in Government Contracting broadly but especially in defense Tech Y and I don't think that's generally good for competition uh I think that uh you know if historically there were thousands of independent
firms that were helping uh sort of like um deliver the products that our that our federal government and the dod needs yeah that's actually better and I think one of the things about um defense Tech that people don't really realize is the government wants vendor diversity right they don't want to be reliant on just locked and Ron for uh you know groundbased tactical missile systems which is why uh Aon is doing what
they're doing right they want multiple providers for a lot of these products so I don't think it's the winner take all Market uh because the government actually actually there ends up being natural sort of monopolies but the government's goal is not to have certain products effectively be monopolies yeah and it hurts taxpayers yeah it's interesting I was uh in Vegas on Monday night at the Rockbridge conference
Rockbridge Network Conference uh which was started by JD Vance and brought together a bunch of technologists Palmer lucky spoke and Mark andron spoke and uh a lot of the focus was on this like Bridging the Gap between Silicon Valley and Washington like the hill in the valley um there there's a couple of those organizations but um Mark was talking a lot about uh I mean he's he's really good at telling the story of how
you know we need to go beyond just the products into the supply chain who's making the Drone Motors who's making the batteries he he actually called out skyo which is one of his portfolio companies who got their batteries uh embargoed by China and now they're hunting around for new batteries and so but it's interesting because a lot of what he was saying uh a lot of what Mark was saying on stage I was just kind of like yeah
yeah yeah I know all this I know all this I've listened to your podcast I've seen your tweets like I'm very familiar with all this like this is kind of old news but you look around and like the political people in the are like yeah mind blown and they're like that was like one of the greatest presentations of all time and it was if you hadn't heard those and so it's really good that he's uh like he's playing the hits
essentially and he's and and he understands the importance of like repeating the message in new territories and in new audiences so uh so I really appreciated uh hearing that it was good yeah and another note here average 12mon employee headcount expansion slowed 37 to 22% between May and November according to Wang so to me that implies you know to the average reader that's maybe skimming it and spending a
split second on this paragraph they might think that uh hiring is like contraction Contracting uh but they're just maybe not hiring as aggressively but they're still growing headcount right um I think that's important for readers to know so maybe maybe they could add some type of annotation there that says like to be clear these companies are still growing rapidly and you should go work for them yep yep uh they right it's not certain
that Republicans election that the Republicans election will wins will make much of a difference to defense startups as it will to other sectors like cryptocurrency which face tougher rules from Democrats definitely true defense spending is generally by partisan and defense Tech firms like SpaceX paler Shield Ai and anderol have made inroads with government contracts during the Biden Administration yeah I mean it's
been a good time for for defense Tech generally and it seems to continue this is less like like there's a mega bull case or bare case it's more just like everyone is kind of on board which I think is good um and they call out the Silicon Valley defense group have you heard of this nonprofit they run that like defense Tech SE def 100 like the top 100 companies uh kind of like a a networking organization um Musk posted on X in response to andal
co-founder Palmer lucky last week after Trump's win that it was very important to open the defense department and intelligence agencies to companies like yours pay for outcomes not requirements documents that is true I I was learning a lot about this at that uh that nuclear Summit where apparently the the like there are all these rules like first off when you when you when you apply to for a new like nuclear reactor design which
is probably like the most complicated piece of you know essentially defense Tech or like government technology that you can get approved uh the the NRC the national Regulatory Commission is is paid per page that you submit or something like that so this massive incentive I don't know if it's like literally per page it might be just like if there's more work there's more jobs and more people get paid but there's
this massive incentive to increase the requirements and and have more and more uh more and more like you know laborious document you know the cost plus model of of a lot of a lot of products that the dod buys which is basically that uh these contractors like locked when they sell a missile they're getting their revenue is a percentage of the final cost yeah and so the incentive structure is so flawed and that the more the
product costs the more money they actually make so if it's a $500,000 missile system and it's like a 10% you know Cost Plus contract they're they're making 50 Grand a missile right and so a lot of these defense tech companies are going to be really impactful because they're sort of changing their approach and they're saying like no we're just going to sell you the missile itself and because of
that we're incentivized to make sure that our margins are healthy but ultimately can can start to get really competitive on on price um one other line in here you know they call out and they actually highlight that um profits are likely years away for Ander roll and at$ 14 million investors have valued anderol between 18 and 19 times this year's expected sales even though profits are likely years way it's like
how can you write for the information and write that line like is the story of every startup you write about yeah that's that's painful I think uh everyone uh sort of understands that andol is focused on building a bunch of really critical important product lines and profitability is maybe like number 12 on their list of priorities so if Palmer cared about profits right now and the and the team more broadly cared then
I'm I'm sure they would be able to produce those but it's just not at all the priority and it's not in America's best interest for them to pursue um you know uh uh actually driving profitability for a very long time so so I'm glad that uh Christian Garrett got a shout out a partner at 137 Ventures which invests in SpaceX and anderol said he was hopeful that the Trump Administration would change procurement processes to help more upstarts but he
believes most of the spoils would go to top firms I think there will be opportunities for more but this won't look like Enterprise software with a large number of winners he said it's a cap Market in the number of opportunities and but definitely not in the scope yeah that's interesting I I I I I think it's like hard tech could look like enterprise software or or deep Tech broadly includ and then it's like you
know like Palmer said he was a consumer of nuclear he's not necessarily building a nuclear power yeah so here's what andal has really built and why I think they're valued in the way that they are among a number of reasons besides the talent density and traction and growth and all that stuff is they have built the best possible distribution engine into the dod right so if you're any of these 125 new defense tech companies you
can build a really great product and not necessarily like crack distribution or crack these contracts and so a lot of those companies are effectively like off balance sheet R&D for andal or andal can then say hey we're going to sort of um you know buy up this company and kind of put them through our distribution engine um so I think that Ander roll in one way could be seen as a distributor for a lot
of these products yeah and there's a few different models so paler has their AIP program uh which is going on this week that hopefully we can talk more about soon where if you're a software defense startup you can build on top of ander's API or paler apis and and then paler acts as the distribution arm for you kind of like the app store for the government and with and pet paler hasn't done many Acquisitions but Ander is
starting to do more Acquisitions and it's kind of a similar model I talked to one founder who sold this company to anderol and he said like the number one reason was their DC office and Chris Bros out there and so they just have phenomenal distribution a number of their new products have been Acquisitions uh I know the sub submarine autonomous submarine did Ghost was an Australian company it was called Dive
technology before yeah and and yeah that's why and that's actually the fact that andal can be a soft Landing for these companies that don't crack the contracts pretty soon it's not going to be soft Landing pretty soon it's going to be a banger outcome we saw the sa de soft but like the thing is like yeah shoot for the moon shoot to be the next andril even if you miss you'll land among Palmer Stars exactly and yeah and
the conversation on uh the information seems to be pretty Lively I think Mohamad here um uh is uh chiming in um he thinks spending will reduce significantly I I just don't think that's true um primarily because defense spending has already been at historical lows um and I think that with increased Global instability and and proof that we do need deterrence I think it will actually continue to go up no matter who
the administration is and I mean the the first Trump Administration was so noisy and and chaotic that people Miss like you could hate everything about the Trump Administration but the 2016 one but if you just believe that China like reorienting around China was important yeah that was like a groundbreaking moment for the United States it's very very important it comes from the hundred-year marathon uh that book um
that was kind of popularized and then there was like an almost an instant pivot to like okay let's renegotiate the tariffs let's do the chips act let's do all these different initiatives and you know that it's even though like you know most of you know we never talk about politics and and and most people are um you know pretty firmly in one camp or another that the the reorientation on China was really bipartisan because when
Biden came in he didn't change anything there he actually kind of doubled down did the chips act and stuff and so I I think that like no matter what happens we're going to be in a new era of like great power competitions back on the menu and it's not the end of history and we need to do something about Russia and and Iran and China and like kind of the new Access of Evil so anyways overall solid article from Corey clearly did his
research um and uh we're we're here Corey if you ever kind of want a more positive view on on uh on all things uh Venture yeah uh let's move to uh Beth Jos uh he writes uh folks y combinator has gone fully based and EAC pilled with their recent request for startups and we have their the YC request for startups in 2024 at the top of the list government software highly related to what we were just
talking about so AI software to automate government administrative tasks Target L large scale operations like form processing application reviews Building Solutions for citizen facing Services DMV permits licenses oh man DMV that'd be fantastic I want I want uh I OS level software to interact with the DMV right I want a digital ID that uh that like you know looks like a ramp card when it's in your Apple wallet right that's
what we need fantastic uh we need to make America more beautiful in every way including our our software products and then Public Safety technology this is like you know in the flock safety world but uh and also uh growing Daniel is working on this law enforcement efficiency tools us manufacturing stable coins 2.0 llm for chip design do you think do you think Daniel's like a little bit uh he went through YC right
no I know he went through YC he's got to be a little bit frustrated with them doing a a RFP or or request for startup for basically exactly what he's uh he's doing with his product reducing paperwork for uh law enforcement but um uh no I think I think uh the this is something I talk to with Founders quite a bit when they're building something is and just something I think about is how is this founder and this company going
to perform when YC puts out a request for startups to thousands of super talented people and suddenly you have three or four other people building in your product category and with Daniel like he's going to continue to thrive right he's a phenomenal poster he clearly knows how to get attention uh good uh good sort of product guy um and uh but a lot you know a lot of times I talk to Founders and when I'm kind of
like analyzing in my head do I think this person is going to be able to compete with three or four YC companies in the same category usually I'm like okay like this guy's going to get smoked right um uh just because I think YC's
like highlevel methodology is the most battle tested approach to company building sure and I uh I've never been through YC interviewed there for party round back in the day um uh with with Michael seil and uh got a quick uh
rejection I I don't think I fit um even with like we're already backed by gradient one of Google's funds and um I just didn't fit the YC mold um being uh non-technical myself um but their their high level advice of like launch now build something people want do things that don't scale talk to users all startups are badly broken at some point uh find 10 customers who love your product avoid long negotiated deals with
big customers oh that's in the government yeah yeah yeah so that's going to that one's going to have to change a little bit uh founder relationships matter more than you think all of this stuff is just the closest that you can get to the truth in terms of company building and I think it's why it is part of why uh the average VC fund has partners and Associates and principles and platform teams that all
have different opinions yeah and often times even GPS at the same fun will disagree on um you know the right approach for a company YC gives the most like generalized advice but It ultimately clearly undeniably works right yeah I mean if you go down this list it's like government software that's palente here Public Safety technology that's flock us manufacturing that's hadrien Atomic right and and so there are like there are like kind of
leading companies in these categories already but I think there's still something really valuable about going in a finding like a smaller niche and building something unique or just putting yourself in a really interesting and fast moving environment and then maybe you wind up pivoting doing something else or discovering like an entirely new category that we didn't really know and couldn't be put down into or request for startups but it's
like it's a signal and I think that's what bef is getting at is that like you know they are signaling that they are on board with like the next generation of Builders and the stuff that's interesting and and Cutting Edge right now yeah to me a lot of these categories have really really talented teams are already building and pursuing many of these opportunities I think honestly category 9 1 million jobs 2.0 like
they've always had this idea of like kind of trying to create um get people to start thinking about ideas of like how are you going to build a company that creates a million jobs right like something like door Dash Uber things of that nature um in the AI uh era uh I don't know what that looks like right like there's so much uh uh so much uncertainty um We've joked and people have joked online that like the last two
jobs are uh like HVAC and capital allocation right like you're basically going to be like like deploying money or just like doing uh lab manual labor yeah um there's also something about this where it's like the the like when you look at like the power law YC winners like coinbase or Airbnb like th those would never have fit into requests for startups at the time they were two Frontier but they still chose to go to
YC because YC was a place where cool stuff was happening and so I wouldn't be surprised if if putting out this message and waving the flag of like government software Public Safety technology us manufacturing like uh you know brings in someone like bio isn't on here but you could see some like crazy bio company coming and you can see them wanting to jump in here just because like oh this is where like interesting people will be
yeah I'm building in something that's really contrarian and really like undervalued right now but I'm still going to go to YC because there's going to be cool stuff there and they're not just they're not just fighting the last war and I think the a lot of like when I look down this list the the founders that I know that are building in the space like somebody like when you look at us Manufacturing in Aaron with uh
with atomic he's not like going to be at at any point like he's been pounding the table being like we need more manufacturing startups um so I think that these categories and opportunities are so massive that it it um I think YC is doing uh a massive YC has been getting memd and getting a lot of hate because they're Founders have really low testosterone which is um an issue but they're doing a they're doing a huge
public uh good by saying hey we want to invite 50 teams into each of these categories I know they've reduced their batch sizes so maybe it's less than that now but we want to invite 30 teams into each of these categories and capitalize them and allow them to take like a meaningful shot on goal to do something uh important um and it's funny that that the funny thing uh people in crypto love to track like YC like two batches ago YC
like did not have a single crypto company in the batch and everybody was like wow this is super bullish for crypto because usually like you want to be like building when there's zero hype and it's interesting that um it didn't make crypto didn't make the list did stable coins 2.0 yeah yeah okay but that's almost more like traditional uh Finance almost um but uh but yeah again stable coins 2.0 Bridge acquisition um
was a really meaningful win for the for the crypto world and um I've got a really exciting company um in Teo in Latin America that's doing uh basically what what bridge is doing for latam Market um yeah stable coin infrastructure that's great um but uh anyways God bless YC godspeed to uh all the founders the new batch and I'm sure some of them will post and we will cover them fantastic welcome back we're doing
some Q&A we got a DM from a founder and I'll read it uh they say hey John and Jordy I run a unicorn tech company and I'm looking to buy a new car I've done quite well for myself but I hate the idea of looking flashy or flexing on my employees I was looking at a Macon from Porsche or G wagon from Mercedes uh but what do you think for extra contacts I live in Manhattan and I don't have kids yet uh so what would you what would you
recommend to the the the Unicorn founder uh probably pretty wealthy but you know is it how do you not look flashy how do you not Flex too hard and then what's practical in Manhattan give me your analysis I mean uh I have strong opinions you have strong opinions this has been if we've ever had a rift in our relationship it's due to arguments over Automotive manufacturers yeah sports cars cars super
cars you lean one way I lean the other and at the end of the day as long as they're bution engines we're both um but we would never drive in the same car together I think Lindy man talks about this it's just kind of it's a bit strange two guys driving in a car together just avoid at all costs um but uh but look uh I I can think of five or six or seven or eight cars that would that would fit the bill here uh I think that I think he
mentioned a G wagon I don't think that's super low profile except you're in Los Angeles when it's every other car the issue so the issue with uh uh G wagons in in Manhattan and La is that there are still like 20% of parking garages you actually can't get under them oh really they're too tall because the benefit of the G wagon is kind of short even though it's an SUV you can parallel park it yeah yeah I recently pulled into one of
the many equinoxes around La and I was driving into the the tunnel and I hit the little I didn't I didn't scrape like a concrete but it was like the bars the the bars that like tell you and I was like whoa I had to like do like a 20 point turn to get out um so I don't recommend that for the city um you can make it work in La uh I think that if you want something performant but low profile uh the um Cayenne Turbo GT it's
a phenomenal car uh it's basically Porsche's version of the use uh it's it's fast it's it's loud but not in like a um overow powering like kind of douchy way like it's it's sort of got this low uh Rumble that's nice it's fun in a can M's going EV now yeah the Macon I would I would uh and I've been in a Macon I mean it's it's not the most comfortable it's pretty Macan is a great car when
your daughter turned 16 get her a Macan right it it allows her to feel uh maybe used to the luxur other luxuries she has in her life but it's not you know flashy or you know it's not over the top it's not a b right um but uh but yeah if you want to go uh sort of uh under the radar Fast Fun performant uh I'm going uh Cayenne Turbo GT cayen Turbo GT sleeper sleeper SUV super car if you want something my opinion on if you want
something that's like G wagon esque but a little bit more unique inos Grenadier have you seen inos Grenadier very cool very small company so there's a little bit of risk that they like go out of business and you're it's like it's like Aerospace right it's a billionaire funer of Neos who's got $25 billion chemical company that he's just plowing the profits into building like a vintage Land Rover and yeah it looks like a
vintage Land Rover it has you can kit it out with all this off-road gear it looks really cool good for roads broken truck Gladiator cool that's cool yeah something like that would be good but the the the only other thing something a little bit more lowkey but luxurious still driving a very nice car is the Bentley BGA those are great uh if you buy the thing about Bentley's is they lose about half their value in the
first two years so if you want to buy you could buy 2022 basically a new car 5,000 miles and you're paying less than you'd pay for a new Range Rover but you're getting to drive a Bentley right um yeah I mean the Range Rover depreciation is brutal the defender is pretty cool though that might be a good option the new OCTA the new OCTA their new top of the line uh Defender okay very cool looking car they made it
slightly more wide bed okay cool yeah that'd be a good one but but really I mean you don't have kids I think sports car I I would say if you're worried about the roads in Manhattan Lamborghini Huracan stado it's got Offroad tires that's the safe bet that's the safe bet but then you know you might be flexing on your employees but at least they'll know you have taste you bought a limited edition it's the last V12 or V10 Huracan
and if you don't you're a ramman hat and you're not going to put a lot of miles on it it's actually somewhat practical you're going to be able to sell that car in a few years somewhere near what you paid for it yep uh do you think the DAR is also a good option the is great op lean more uh German uh it's phenomenal you know phenomenal car he's got the the bigger sort of like lifts dealing with snow if you need if you need to throw
anything on the roof yep it's great too um yeah can still go grocery shopping if you have like a new Apple Pro monitor like it's not going to fit in uh the trunk in the in the hood uh but it will fit on the roof so the car is like functional serado functional VGA uh you're sort of cruising um but uh surpris throw out like a ZR1 or something like that yeah I mean I Corvette ZR1 fastest americanmade car
240 mes hour faster than uh faster than the pen and finina Batista electric car wow yeah wild wild um 1,200 horsepower or something like that huge can see that being more of like a track toy exactly yeah the daily daing that's going to be rough in Manhattan it's going little L little high-profile kind of looks yeah looks closer to a Lamborghini get kind of a lot of look you want that in Connecticut or Upstate where you can
kind of take it on the roads back roads yeah and you're just you're not going to get respect you know it sounds like this company probably wants to go public soon CEO is driving a ZR1 to a meeting with a major capital allocator is going to throw off some huge red flags in my opinion I disagree I think that the ZR1 and the American made cars they're coming back and think it's big in the American D I think it's just I think
it's just countercultural but it signals something special it signals that you appreciate American manufacturing and you're willing to forgo some of the nurur Ring time to to to stick with an americanmade company and and the only speed yeah yeah straight line speed and the only way that the American manufacturers are going to get better is if we actually support them totally you have to put your money where your mouth
is if you say oh yeah American needs better Innovation and Manufacturing like go buy something that's made in America and great cure you know the 911 is actually what it is because the Cayenne so sold so well porso was in kind of a bad spot in the early 2000s and they released the Cayenne became one of the bestselling luxury SUVs in the world they they were able to take all of that uh R&D that they were spending on the
cayen not only benefit the 911 but also have the kind of balance sheet that allowed them to you know continuously innovate on the 911 platform and make it um undeniably the greatest sports car of all time but uh that's going to start another argument probably get on I'm sure we'll come back to sports cars at some point uh we always do let's go to some posts we got Ryan Peterson he says someone should domesticate grizzly
bears to replace canines in the military North America would never have to worry about Invasion again it's hilarious because like are we worried about Invasion like not at all yeah that's the the benefit of being American is being able to grow up never worried about Invasion because we won won the geographic L Lottery EXA no but I think I think we need see more uh people combining American dynamism with biotech
right like we need to be we need to like bring Wuhan here yeah right yeah accelerated uh accelerated gen genetic engineering because I think domestication takes like a thousand years in a lot of generations but if you shorten maybe LM kind of accelerate some of that you know run thousands and thousands of s every minute um yeah to understand yeah so anyways if you're building in at the intersection biotech American dynamism and uh you know uh
large language models and let us know but you got to I I I got to call Ryan out I mean he's a good friend but uh domesticating Bears is my thing I got a tweet here from uh 2023 domesticate Bears I'm no longer asking I got another one from 2022 it's time to domesticate Bears uh I have another one here from 2021 yes and we should also domesticate Bears totally doable with enough time and genetic engineering I got another
one here from two 20 this is deep preo it might take decades but we need to domesticate Bears it could easily be our generation's moonlanding and so uh you've actually done a poor job branding yourself as a guy Terri I know I know I should have written like the long post or you know some there could be a team out there that's already domesticating bears and you didn't you only posted four times if
you had posted the fifth time and you I would have got allation the first like rounds Ryan give me some credit I I got to the domestication Bears thing earlier but it's a it's a big tent everyone's welcome the be domestication movement happy to have you on board uh let's go to Sophie net cap girl she says uh bro got sent to the minor leagues of posting and it's a screenshot of Mark cubin on Blu sky. social saying hello less
hateful world and unfortunately I didn't think we were going to have to do this but on a previous episode we gave Mark cubin the brother of the week and we have to resend that award he he left he left X and went to the minor leagues of posting and so you will not be getting your brother of the week award mailed to you I'm sorry Mark yeah we had it all packed up the plaque and everything so that was a little bit of a mistake by us
we will do better I don't think uh he'll be in the running unless he gets back on and has a has a Redemption Arc as as a podcast we're not afraid to to kind of admit when we made a mistake we we we we talked about netjets on an early episode we got a lot of push back from our audience and said this isn't relevant to me my family has multiple Jets like we do not use netjets like please do not talk about them or promote them it's
just a waste of all of our time so we admitted to that mistake we shouldn't have given Cuban brother the week and um fortunately we didn't the plaque wasn't in the mail yet so so yeah we're we're deeply sorry to the audience for that mistake but uh this week's brother of the week will be much better trust me uh let's stay on apologies and go to uh Marquez brownley MKBHD he was apologizing uh for driving
too fast uh let's read it last video I did something pretty stupid you might have already seen it but maybe not so I'll address it here there was a clip with the action cam of me test driving a car and going way too fast absolutely inexcusable and dangerous I've since cut it out of the video there's no reason to leave that clip in all I can do is apologize and promise never to do anything close to that stupid again uh
that's a terrible example to set and I'm sorry what's your take great good apology yeah good apology and like getting out very quickly like the the there was a tweet calling him out that was kind of going viral and he just jumped on it really quick and with a long post and I think that there's something about um if you had if he had just like quot tweeted and been like I'm sorry like that's not enough but he
actually like broke down everything he did everything he would do next like I'm well aware of the Strand effect and I know everything on the internet lives for other but I think this is the best decision for now and like it it was very he he like broke down his whole thought process and I thought this was very very good but I don't think he should have apologize because I think and I'm on record saying that we need to ban speed
limits in America I think we need an American a en economy down yeah I mean there's so many times when you know you're going to a meeting and if you could just drive twice as fast you'd be there twice as fast you could do more meetings you could do more meetings you could the volume shareholder value exactly uh I was actually thinking about this because my friend has a house in Mammoth and I was driving there and the
speed limit's like 65 drive it's 4our Drive say could be two and cars are getting safer this this was posted as like kind of a joke but it is serious like the the self-driving technolog is getting a lot better the cars are getting way safer seat bels and aags are in car now and so like the possibility of just driving fast like that might be the solution like do we need highp speed rail or do we just need an auto bond
that needs to be a core tenant of American dynamism is just yeah removing speed limits because think about some of these deep Tech Founders that have you know a facility out here office over here and they're spending a lot of time on the road yes you can use it for phone calls but if they could spend more uh time in front of their uh whether you know they're they engineer that's needing to code or a
capital allocator that's behind a Bloomberg terminal the more time they can spend in front of those you know desks the better for the for the country it's also just a like a lot of things with the government it's hard to do new things and create new projects but it is a lot easier to just stop doing something so if you if you're the government and you just say hey we're just going to take down the speed limit
signs like that's a pretty easy job as opposed to we're going to build a new high speed rail Community grown effort right like there could be kind of a Grassroots movement of hey we're going to take down speed limits right we're going to just do this uh all you know an axe right just chop like a tree yeah um and uh yeah even even one less speed limit in your local economy could actually provide some pretty tremendous
so even though you know uh I I do disagree with uh mkd on respecting speed limits um you know we got to support him because he's a fellow Turbo S owner really yeah really yeah he has Turbo S yeah he he was driving a plaid and switched to the Turbo S and uh he loves it he's a big fan he's a big fan huge fan uh he watched every single possible video about it and made the decision that that's the best possible car uh and
for someone who's reviewed so many products like I think he made a good decision even though I'd love to see him in a gt350r Mustang um but uh let's let's stay on the topic of uh you know government efficiency and government deregulation uh Delian uh my colleague at Founders fund says hell yeah doge is real and Elon and VC are running it what a time to be alive and there's a statement from president Donald Trump saying that Elon Musk in uh
in conjunction with American Patriot Vic ramaswami will lead the department of government efficiency together what do you think I mean very cool very cool I mean it feels like we're in uh somebody said this but it feels like we actually are in the best possible timeline where it's the most entertaining and actually seems to be the most America positive timeline in uh since 1776 there's been this yeah
there's been this question of like you know okay even if someone gets in that people like like is there energy to like actually go and work in the government and as silly as the doge meme is it's something where you could see a smart hardworking person say yeah I want to go work with Elon on government stuff sure I'll go the Doge sounds great that's the big that's a big change here right is tot smart young people are going to want
to work in the government for the first time just so that they can work under that sort of Elon religion right yeah and some somebody else was saying like you know the US economy is basically just like steady state growing a couple points a year and uh if if we can double that growth it kind of fixes so many of the core issues in our society right so it can't be understated that this is uh while it's immediately being politicized
uh I don't think it's political at all we want our government to uh run the country like they'd run a business right bring in more uh Revenue y uh than you than you spend uh it's pretty simple math it's napkin math uh we need to run uh the Federal Government Federal Government should be able to run on a napkin right yep uh Social Security uh defense Healthcare Etc like you should not need more than a small
napkin to to run this country uh except if if you want to drill down into the details you can get on ramp yeah that sounds good uh and then Andre relatedly says uh in America the department of efficiency has two bosses pouring a little bit of cold water on this idea that okay you know hey is it really efficient if you have two if you have two people there but uh I I I think it makes sense because elon's running so
many different companies he can come in running it exactly how he runs all of his company is like setting the pace and the energy and like the Focus but then he needs his Lieutenant to actually get so if can come in as like the the operator alongside him like that that seems really good but it is a funny meme uh and uh you know yeah I like that they're treating it like a product launch like the the Trump admin over the
last like week has been almost having a major major story every single day that at least within the Tech Community is like getting the right attention generally getting positive attention uh and this is the advice I give to startups is like even if you have something that feels relatively minor that you already announced previously announce it again like make it a big moment right I heard this thing I don't
know if I haven't checked it but I heard that if you've seen these like Trump videos there's like all these policy videos that are going out him talking about like his ideas and they've all been like going viral apparently those are from like a few years ago they're from Rumble is this true okay yeah so they're from Rumble and he put them out and they just didn't get any lift because rumble's really small but now that they're like you know he's
unblocked on X they can go viral and so everyone's like wait where was this guy all along it's kind of funny yeah and and to his credit I think he still believes 80% of the same things like they're still part of his platform which uh you know historically the critique of trump has been he's constantly sort of like changing his mind and going on back on things that he said before so I'm I'm happy to see that what he thought in
2022 is also what he wants to get done yeah uh visicon Sami who I found out about through Patrick oasi saying that he has some really good like Frameworks and posts and long posts and writing uh writes Tech brop pod please discuss this uh and it's one of the most indecipherable posts but we'll try and get through it uh he writes culture wars are partially Downstream of the mediate Tech Nation dropping paratrooper
brainworms inside the udal loops of those with fragile self sense and people sense and recruiting them as Canon mukes into profitable but destructive psycho FAA Titan battles so I think I think I kind of understand what he's saying here and it's a little bit of a Twist on uh have you have you heard the term uh or the phrase like uh politics is Downstream from culture you heard this is Andrew Breitbart said it and um it's
this idea that like the the the government is just a reflection of the culture in a country and that it's not not that you can like you don't necessarily need like pronatalist regulation to create a pronatalist movement it's like you need first and then it just happens exactly um and I've always been fascinated with that in conjunction with um the medium is the message that that quote by Marshall mcluen and I've always thought about the
interaction of those two terms so if you believe both of them are well argued and I and I do um well if the medium is the message then the design of our Communications platforms informs our culture yeah and so the medium is the message means that when you design what is a TV show what is a movie what is even on even on formerly Twitter now X like the idea of a retweet or a or a quote tweet that became very that became
more adversarial because it invented the dunk and so our culture got more aggressive which you could say is good or bad um yeah it's like it created a mechanism to bring a ton of negative energy from your community to one person who's not necessarily in your community which creates the cycle of fear exactly um but yeah the other the other quote that stands out I'll butcher it but uh we create our tools and from there our
tools like shape us we shape our tools and our tool shape us yeah yeah it's uh and and so this is something that I've always pushed back on there's this debate like the the media would always say like oh like Tech is is like inherently political and then the technologists would would say like no like our Tech is like politically agnostic but I don't buy that at all I think that if you're a product designer
at a big tech company and you're designing a communication tool the decision that you make to include quote tweets or to make likes private for example that shapes the culture and culture shapes politics and so if you are designing a product that's used by hundreds of hundreds of millions of Americans you do have an impact on politics and yeah and you do have a responsibility and so I think that's somewhat of what he's
saying here but you could probably dive into this whole thread and spend another hour deciphering every single word there yeah but thanks for writing in and let us know how we did let us know if we if we nailed it I think we did let's go to will manius uh he says building in public is over the future is a cult companies of unknowable size and influence hidden beneath a sea of llc's so deep Divine Light can't even get
through Capt is so Arcane it's impossible to know if truth exists at all no one knowing what really is going on here so imagine explaining the buildin public movement to the Coke brothers Coke Industries they're like wait what you tell everyone daily what your revenue is you screenshot your internal metrics and share them with the world you invite massive competition you uh allow others to get an understanding of
your profits so that they can eat away at them slowly yeah uh I think the build and public movement is very uh you know it's good to share what you're working on it's good to talk about what you're working on it's good to make people feel like a part that they're part of your movement and kind of along for the ride but the entire uh and I think will will did a good job of this with his last company right he you
know would share the right things that positioned him as the the thought leader within Ai and Healthcare right he did that very well never once had to share a stripe dashboard right or or yeah um and I think that there's the right way to do it and the wrong way to do it and you've talked about this a lot the you know what we're seeing with the build and public movement now is a lot of Founders that are talking about what they're
doing but not sharing metrics publicly but making sure that their competitors can can clock their their revenue and earnings by their car and watch collection exactly people should still know that you're successful it's just got to be a little bit more subtle right so instead of a stripe dashboard showing a you know 200k day uh we want to see like a you know oneon-one pek right exactly exactly so
it's just evolving yeah and uh yeah thanks will let's go to offs scaler says H and it's a screenshot of what looks like a Tik Tok saying you can tell if he makes money whether he says Q4 or winter dude I think we're this like one of us one of us one of us no I think but I think we're in a uh we're having a banger Q4 yeah I think we're I mean obviously we're having a phenomenal Q4 yeah that said I think we're at maybe
the intersection of people that are saying I'm starting my winter Arc because Q we're halfway through Q4 and I need to lock in even harder right so we're there is this intersection and and the kind of Founders that I want to invest in are starting their winter Arc but very well aware that we're almost halfway through Q4 and they need to make stuff happen yeah but in the in the same way that we advocated for adopting gamer
lingo into everyday life also you got to adopt the finance bro lingo into everyday we don't need to rein we don't need to speedrun Reinventing Finance there's a lot that Venture can learn from uh our predecessors ex and um yeah one one thing for everybody to remember your Q4 metrics are forever right when this quarter ends you will have to live with those results yep you know January February March and then 2030 2040 people
are going to be looking back at this quarter saying what the were you doing or giving you still pading you on the back from the work that you do now so lock in whether you're having a winter Arc whether you're in the tropics um it's still winter yeah those metrics will be immortalized in your 10K forever so good luck get out there Augustus says have you ever had nine Kors banquet beers with your customer I love this because he ATS Kors
banquet yeah it's amazing hopefully they gave him a retweet that's that's really should this is for for yeah cuz that's kind of the whole point that's like the idea of Kors banquet right it's just celebratory beer uh that's that's an everyday product that's accessible um I can imagine that this is not unusual for Augustus right somebody that his his his his Edge is being able to speak the language of Silicon Valley and be
immersed in this amazing subculture and Gates and Saudi princes hang at the F for 48 hours R he's serving he's serving customers in places that starlink has never touched right I don't actually think that's true but uh but uh yeah fantastic I mean meeting your customer where you where you are's correct us seriously there are a lot of companies that like they you know wind up in YC and they're like well
we're building SAS for farms and then they like can't relate to the customer at all yeah I I told the story people want to buy products from other people like them and so if you're not like your customer you better have a uh head of sales who is or um you know learn from Finance right yeah I mean I told you that story about uh doing a deal with like a tobacco distributor and I walk in and everyone's smoking inside it like one of
the crazy exp and uh and yeah it's like it's like how did you handle that situation oh of course rip one rip one but you know you got you got to but you're Bridging the Gap between exactly EX but then I forc them to use the the strongest product I make and see if they can really handle it um VOR there's a actually good story from last night I uh was at a a a dinner hosted by venture capitalist and uh the guy next to me who
um he actually I asked him what he'd want to be referred to on the pot he said uh the Jewish cowboy okay um he was taking a 4 mgram Lucy pouch in between every course of the meal and then taking it out because he didn't like to like reuse them and so in a 90 minutes of sitting next to him he plowed through like seven or eight pouches I was like dude you're an absolute animal and he's like I don't he's like I don't actually
um I don't actually feel the buzz anymore I just avoid the withdrawals so anyway shout out to the Jewish cowboy yeah friend of the show uh let's go to Victorio he says what's the book that changed your life the most and this is just a good question what's your answer do you have something in mind art of the deal art of the deal I like zero to one I mean that's classic but I mean honestly like it it's
it's kind of crazy to say but I remember in high school a friend who is really really smart guy just kind of clocked that I was going to be an entrepreneur I think and kind of on that track and he got me 4our work week yeah and like now in Silicon Valley that's not part of the cannon in the way that 0o to one is but it was a phenomenal book just in terms of exposing like what does it mean to be an entrepreneur yeah at any scale and
it's a very you can just do things book like there's a story tools of Titans was also a really great book that my first so so I would say the media product that's been most impactful on me over the last two years is Founders podcast sure and part of that is is David digesting all the best biographies and autobiographies ever in entrepreneur and just like tying them all together but um but tools of Titans was very impactful
for me um during college because that was my first exposure to um not my first exposure but like the first kind of senra esque attempt at kind of capturing what made these people who they were and how they ticked MH yeah yeah it's great it's a good prompt let's go to Jesse Jesse says as a young CEO the worst advice I ever took seriously was that each manager should have standing one-on ones with each
direct report utter strangle hold on calendars throughout an organization direct reports should have something to report or decide to call a meeting especially with the CEO and it's a quote tweet of uh Brian chesy talking about how he doesn't believe in one-on-ones and almost no great great CEOs in history have ever done one-on ones and there's a lot of this stuff that's happening right now where big public company CEOs are coming out and saying
like I actually do things very differently Jensen Wong um noted uh watch disrespect her uh claims that he doesn't have any like meetings or direct reports what what is it he has he has some some something to the same effect um but it is true like the like your calendar should be like as default empty as possible and you should have as the big issue with one-on ones is if you have a standing Wednesday oneon-one and
you have a direct report that's having an issue Monday if they're waiting to talk about it until Wednesday that's 48 hours wasted time and that could have been the most important thing of the week that you just needed to handle and fix and so I think that uh yeah this trend towards uh CEOs being like Jensen's big thing is like we have no long-term plan right he's like we don't plan like we we
think about what do we need to do today to make the company you know win today and for the long run and uh eliminating meetings eliminating long-term planning Shopify has been big eliminating okrs yep uh things like that um so anyways I think it's I think uh what's the old joke that like Google invented okr is to just like stifle like innovation in competition in competition yeah there's a lot of that I mean all the all of the
uh balance stuff is 100% game theoretic yeah it's like hey by the way if you're the best business in history you can have amazing work life balance and offer all these perks to your employees and then create that as the competitive uh playing field that everyone has to compete with brilliant but yeah I mean it gets the idea of like the phone CEO which we've talked about before but um just this idea that like you can be much
more effective if you're just constantly on iMessage with people that are important in your organization and then just picking up the phone and calling randomly and just playing phone tag with people I just do that all the genuinely very little email very little calendar the only time I need my computer video meetings yep and if I'm doing anything many of which could be phone calls just happening randomly usually but uh and
then doing design anything design related I want to monitor but other than that I can run everything off my phone yeah let's go to cryptox zero I think that's how you say that crypto ZX or zerx oh one more thing I uh VC I was talking to last night was like I've been I was golfing a ton while I was raising my fund and now I'm doing it like once every couple weeks but before he was golfing four days a week while raising
the fund because he's like it's the best way to get to know people have four hours to talk about what you're doing how the other person ticks things like that so that's another example of the um you know the capital allocator uh phone only totally yeah phone and in person honestly like some of the best ways to get to know someone if it's if you're seriously going to do a deal is uh go and spend a full day I've done that with
a few people not just golfing like uh I I I I I I went and met with somebody very powerful and uh spent uh got to his house in the morning we go for a big long hike we have lunch we sit down and like you know uh talk about some books on a shelf we have dinner together drinks and it's just like we spent like this the full day together and like even though it was like a million times more impactful than like a weekly call for
like three months yeah it was it was so much better just to actually get to know and to this day I'm like that's a solid person that I would do business with yeah uh let's go to cryptox zero bro it's crazy how one follower here is worth a hundred followers on Instagram this is a good way to get a lot of Engagement because everybody on X tends to have more followers here than Instagram but it's true it's true like
like like it it like you're not gonna acrw the same qu caliber of Founders on Instagram than ax like yeah the the like it there's no there's almost no more negative signal to me than a Founder that more frequently posts about their company on Instagram than X or even LinkedIn unless it's a consumer product company and even then they need to be like the Celebrity Face of it essentially and that's the only case it
works uh LinkedIn makes sense if you're selling you know B2B software and you need to be like an influencer there to like pull in companies that makes total sense but you should still have a presence on Ax people have been begging us to to move some of our posting over to LinkedIn yeah we'll make it happen it'll be it'll be a seven fig deal with with LinkedIn if if it's going to happen at all let's go to Daniel he says they
should have Uber Eats black what if I want my burrito delivered in a Cadillac Escalade and I when when I heard Uber Eats black I thought it was just going to be like caviar champagne like the top tier foods like you guarantee are good but it's more just the vehic energetic energetically the idea of having knowing that your burrito Y is being placed like I want it to be I'd almost like the
Brinks version where like you know it has like armed guards that like carry the burrito from the restaurant that's what Turner says Turner says I want a SWAT team to deliver my McDonald's in a Blackhawk helicopter there you go there's a bunch of different you know modalities that people would happily pay for um and uh anyways that's like uber is the dominant player they now have the ability to like layer on these sort of
value ad sort of Niche products make their power users happy right I honestly would pay for uh for an Uber Eats black that guaranteed that the food was going to be like properly stored because I swear some sometimes they just throw it in the trunk and then they're drifting around and you get somewhere and everything's just totally destroyed and it's just like such a mess uh yeah I think I think also get if you could get
a Blackhawk from JFK to Manhattan that would be cool that would be big and have like armed like blade but yeah Blackhawk version of Blade I love it hopefully coming soon Brian hallan says get ready for the IP IPO Market to Roar in 2025 I think it's legit uh I think it's happening yeah I I I do think that there's a little bit of a countervailing force where a lot of the a lot of the really big companies are still seeing
what's possible in the private markets and just don't want the overhead of iping but but there's this huge pressure even even data bricks announced this last week that they're raising $2 billion just to provide liquidity for early employees that's a company that like I don't see why they don't go public at this point but again again like the overhead is is real um I I think that uh we we've talked about
spaxs coming back in a big way um I think especially for for companies in categories where uh VCS aren't necessarily paying attention right now or aren't set up for that like there are enough funds now is not a bad financial Innovation it was just used improperly yeah I agree I agree there are a lot of companies where like if you're an AI company right now you don't necessarily need to go public because there are
multiple multi-billion dollar funds that are ready to write A4 billion doll round for you in the private markets but if you're in something a little bit more Niche where maybe Public Market investors might be interested in it but but private markets aren't really set retail there's a ton of products that retail's y you know generally excited about yep but you got to be going concern that's the that's the main thing
hope it does should be raising money anymore you need to be profitable yeah I just hope it doesn't end up being again what happened last time which is the companies that didn't have any y additional you know private Capital sources but guys girls out there if you don't have four to five friends that are spinning up uh new um special purpose acquisition Vehicles like it's time to elevate your circle I mean I was looking
at the list there's a website where you can go and look at all the stacks there's like yeah 350 that are actively searching right now in all sorts of different fields good for comp and so I mean I I I honestly think like yeah if you're raising a $50 million round like why not talk to at least a few of the spaxs and just see what their pitch is see how it would work out um and see if you can see if you can pull it off uh
let's go to Jack Reigns he writes folks love their fast casual Mediterranean Cuisine and Cava is up 44% in the past year wow I wish that we actually could see their market cap because they have to be trading at like they have to be trading at like 300 times earnings um I need to actually look up people love fast casual I mean story was so solid that it makes sense that people would kind of ape into the next thing actually never eaten aava
have you is it good okay yeah their their PE ratio is 300 okay um let's go yeah so yeah great great for Cava they're going to be able to get a low cost of capital and expand sell more more uh Mediterranean grain bows but it's funny I remember like seeing pitches for people being like we the Mediterranean Cava why doesn't this exist meanwhile Cava was just building a behemoth and they did it they did something pretty interesting which I
forget the name of the Cava actually acquired a restaurant group or a restaurant brand I'm blanking on the name that had like 200 locations yeah and they were able to like really quickly Rebrand all the locations and turn and so they were able to like double their footprint y um you know super super fast it would have taken them um but yeah one thing you know I think we there's a lot of optimism right
now but one or two years ago there was a lot of fear in the market and I always tell entrepreneurs go look at Starbucks like if you think the world's bad and it's going to be like a worst place in 5 years go look at Starbucks and chipotle and all these big um fast casual and just like retail Concepts they're like we want to add 300 stores a year like every single year and it's like this these are like really smart teams that
are smart capital allocators and yes the world's an sort of unforgiving unpredictable place but um just look at how many locations these businesses want to add and I guarantee you your business is going to be able to thrive in a world where they can add 200 new Starbucks every single year right that's great it's great let's go to Jacob Andrew he says Jacob Andreu uh he says the hardest part of building AGI is naming the
models yeah I feel like I feel like this is an industry where we went kind of like weird quickly right so it's like we have llama and so now you have like defense llama it's like how do you how do you how do you get like get more attention than defense llama that's great strawberry I thought that was a cool name yeah it's interesting because like open AI great name uh even though like the the openness is kind of pivoted but
I mean it's just like it's just like a it's just a nice name and it's it's very like welcoming and it speaks to like what they do uh chat.com phenomenal like one word domain great but then but then like GPT 401 preview mini is like so bad and I mean hug don't have to select anymore I do think that part of that is somewhat intentional of being what matters right now is being loved by developers because developers are the
bottleneck to actually get your product to tens of millions of users y um not the bottleneck they have their own consumer products but I think it's kind of like almost an inside joke of let's release a product with the worst name ever that developers are going to Meme and like talk about and being like wait are you using this version or this version but yeah and I and I bet most of the chat GPT consumers that just go to
chat.com like are blissfully unaware of the fact that there's a difference between 4 40 o 01 preview 01 mini they just type their question and they get an answer yeah but very quickly they're going to be able to put a router in front of that and and dynamically decide oh this is a this is a question that needs to go to 01 this is a question that needs to go to 40 or whatever and uh and all of that will become
distracted the real question is where we at with the iPhone nobody knows which iPhone they have if you ask them what iPhone do you have they go I don't know I was like I got it like a year ago 19 I think I don't know but uh Zach says money doesn't excite me my ideas excite me and it's a quote from Walt Disney I think I think money should excite you Walt Disney Disney what he was lying when he said this yeah yeah
that was pure marketing yeah um no I think I think that uh there is a very common addiction which is the addiction of wanting to see your ideas in the in the real world manifested and I think that there's a equal amount of from those people there's an equal amount of excitement around the market potential of that idea right because if if one of the best ways to make it big in America is to build uh credit to y a product
that people just really love and sell a lot of them right and so um this goes back to um you know people talk about don't think about how to get rich think about how to help a million people and you can do that with a product you can do that with an idea um and uh yeah I've seen a lot of people get get uh very wealthy off of ideas that they don't really aren't that excited about just were you know fine uh like Walt Disney's
famous for that like circular graph have you seen that it's like a napkin drawing of like how all the different Disney Enterprises interface with each other whether it's consumer products films Parks all these different things and it's like that is an idea but it's a very Financial idea totally but you could see that being like a beautiful interaction and it would allow you to do more ideas and that's the that's the
nature The Virtuous cycle of capitalism to me a good idea is the greatest drug on Earth yeah like can you can you remember like multiple times where you just like had a phenomenal idea and you know it's a hit like when we first when we talked about Excel we knew from the very first conversation which was not even a planned conversation we just started riffing on it and we're like yeah this is like so obvious like this
is going to be a hit and you launch it and it's a hit right yeah that was great um and that feeling is uh the best feeling in the world no amount of iasa can get you that impossible impossible uh let's go to high yield Harry uh he posts a screenshot of a text interaction that says do you want to join my religion and then the questions what's your religion and it's just a picture of a dude at bloom in on a Bloomberg
terminal uh with a bunch of TVs in the background and then the the the the other person says I'm interested I love this I sent this to a dude who uh works at hedge fund and this is his entire life and he was like yes this speaks to me yeah I mean if you think about I think uh the Venture Community spent all of 20 late 2022 and early 2023 praying for the next bubble right like I remember calling friends wouldn't pick
up and they said like hey I'm at church right now I'm praying for the next bubble right so it is a it is absolutely a religion returns um are just kind of a yeah nice I mean there is there is something to the fact like when you when you pray at the altar of Bloomberg and CNBC you ideally discover Alpha that can allow you to uncover the next bubble and I I I I genuinely do find that um like like a lot of the best really really
amazing VCS are on Bloomberg regularly actually understanding what's happening in the public markets and they're tracking that almost as much as what's happening in the Venture portfolio it's all down Downstream exactly and and seeing those interactions is really really important like what what are what are the Fang companies or the hyperscalers doing does have an impact on your Venture strategy no every every
GP at Big Venture funds right now is looking their portfolio now that the markets are ripping being like let's let's let's actually capture some of this turns that time to print um so uh now the real Edge is going buying Montana and Aspen real estate y now things are going to get installing those amazing uh like air pressure systems so you can uh effectively sea level yeah that's great uh Ryan Peterson uh
apparently was on a flight and was trying to get starlink working on his Delta flight he says my first attempt to get starlink working on this Delta flight a failure thus far okay this is amazing marketing CU he's clearly sitting in economy and while he's trying to show his company like this is how we're going to run lean we're all running lean and if you have a guy want running the biggest Freight Brokerage in
the world or one of the biggest startups uh he's flying economy uh I think everybody should be a flying economy yeah that's awesome but you're wearing a suit right but uh yeah yeah if you're if you're in a suit you can sit in first class but uh bus class business class yeah um but yeah I mean I mean the the starlink roll out should happen soonish they're doing deals but it's taking forever isn't it something that like Boingo wifi or
whatever the plane Wi-Fi service blocking are they blocking it no they have these like multi-year contracts with the airlines that the airlines would have to buy like it works pay out have to pay it out massively B and so I think we're all we're just kind of like we're in like the press release cycle for all this where like un will be like we're proudly partnering with starlink in 2029 when we can retrofit has starlink
yeah good um it's it's amazing maybe I should maybe I should fly jsx more it's not it's not that much more expensive than just a normal um and just for the starlink probably worth it uh let's go to Ryan's brother there we go David Peterson types faster writes I'm told a vigilante is roaming San Francisco I actually had them confused yeah I was I was thinking I was thinking that was Ryan no no yeah that was Ryan
this is David yeah yeah yeah and so David says I'm told a vigilante is roaming San Francisco off ing homeless people $1,000 cash and a plane ticket to Dallas someone I know recently sat beside one of these homeless guys on a flight and he confirmed the story has anyone heard about this is this why SF has gotten so much cleaner also why would any homeless person leave SF and give up the $600 a month cash benefit
that no SF politician public figure dares to say anything about interesting I I haven't heard anything about this this is the first time reading of this I think we need we need here's here's the solution we need Taylor Loren to go undercover as a homeless person in San Francisco see if somebody tries to buy her out and let's see if somebody tries to buy her a first class flight to Dallas yeah that's a kind of hard-hitting Journalism we need
from our Tech journalists there's I mean there's stories about this right didn't New York do this uh is like Giuliani famous there was like a South Park episode about how they like paid but it wasn't it wasn't quite just like go to Dallas it was like we will pay been thing forever of like hey shuffling around homeless people like a Greyhound ticket and just send them out into ether um I think that one of the solutions
talked about this is just creating like a permanent burning man style encampment in the desert that's the George hot's plan the wirehead city you get you get a phone you can chill out um you can do whatever you want but then there's like a two mile walk out so you have to be kind of sober to leave essentially but you can leave it any time you get like Ubi essentially yeah somewhat dystopian but I uh I appreciate George
forian than a h yeah you're right yeah yeah that's a good point um Nicole whiskoff says just use granola AI for the first time to take notes for me totally insane product highly recommend not an investor sadly have you used granola AI I haven't but from what I understand it's basically like a AI agent for secretaries where it's you know really good memory good at taking notes uh kind of knows what's going on
in your life kind of pro proactively sort of uh expecting your your needs things like that so um I'm interested to see how the space plays out there's been a I I think that uh there's more venture-backed uh meeting note taking apps than I've had meetings this year I've had a lot of meetings so I'm interested to see who yeah yeah I I have seen some weird like uh fallout from some of the AI note-taking stuff where
it's kind of awkward if you get on a call and someone has their like I was on a call with a bunch of people once and someone sent their their AI Note Taker and they couldn't make the call and so then they just read the AI notes afterwards never I never if if somebody's joining a call and they try and add their AI block it I did it was granola or one of these other one of their competitors that was uh a portfolio founder of mine like had
an important meeting with a big customer he he recorded it like it was you know with permission and he sent me a summary afterward and it was like perfectly done notes bullet points sections next steps and I was able to get full benefit of being on the meeting 20 seconds time yeah yeah it's probably good like you don't want to be like completely zoned out during the meeting but if it's taking notes for
something you can't make it that makes sense the the the funny thing is like these apps can actually turn what would have been a 20 person meeting into a meeting of two people where even if you don't know exactly what the next steps are with a project two people can just talk it out they come to a conclusion the note-taking app doesn't just write exactly what was talked about it takes like the entire meeting breaks it down
into next steps and the reasons why and then lets anybody benefit from that so I think I think it's actually fantastic I think it's going to save a lot of time I don't know how investable those businesses are really going to be but we'll see I do uh I do know that there's been one like Fiasco where some where like I think a VC firm had a an AI notaker on the call and then after the founder dropped off the call The Firm
stayed on the same call was talking talking talking about all sorts of stuff and then the AI notaker sent a transcript of that to the founder to see kind of like what they're talking about behind their back very awkward doubt doubt a deal got done very very awkward so yeah we got the idea is a 10 out of 10 Founders are a six let's go back there their their competitor rough rough rough uh let's go to Trey Stevens
another one of my colleagues at Founders fund he says doing some email deal flow triage during a long plane ride and just opened three consecutive deck for companies Building Group 1:3 ISR drones for defense with dual use in Industrials my brothers and sisters in Christ why are you all starting the same company please stop so the reason that uh this is not so bad is is these Founders are going to build for about six months see
how hard it is and then pivot to crypto oh crypto so uh pivoting to anual appliations the the cycle will continue right it's this Perpetual cycle of pivot pivot to crypto pivot defense pivot to the new hot thing um but uh who knows who knows yeah I think I think this this you know starting a a drone company now when there's five or six super talented teams with contracts in yeah while andil is also like and does a lot of business
there even Shield AI has a lot of business in Ukraine and stuff like yeah it's a it's a lot yeah oh well should still Bet On It uh on poly Market though yeah uh yeah exactly uh Micah isagawa says I'm I'm a start calling the male Founders this is a throwback from 2022 I think this is like I think it's a female founder who's uh responding to this idea of like if you're a woman founder people call you a
female founder but if you're a male founder no one calls you a male founder they just call you a Founder I mean people call you a male podcast expert yeah exactly I'm actually I'm I'm happy to be called a male founder but uh yeah I mean where are the men in Tech conferences we have the women in Tech conferences but maybe men in Tech there's women Angel groups get some men's Angel group well there's a there's
a there's a Founders fund and then there's a female Founders fund but there's no male Founders fund they did they did but there's no there's no male Founders fund like a spin-off I think that could be really popular yeah but uh until until and dramatic and dramatic there's also a a uh blockchain Founders fund and an Italian Founders fund there you go which is hilarious piz racist version of them yeah we only print term
sheet uh liquidity says VCS who pivoted from web 3 to AI to defense Tech are now pivoting back to web 3 this is exactly what we were talking about yep yep it a it is a snake eating its tail the Oro boros of mimetic energy inventure uh you just got to move from one thing I think you basically get one you get one pivot like that before and a lot of and uh it's Founders and VCS I I can name multiple funds um the the the typical
cycle I feel like of a crypto fund is we're just focused on crypto this is our Edge this is our focus and then as the the bare market like really gets into full effect they start branching out and they're like oh we're going to do the SAS company because like they could have some use some leverage some blockchain at a certain point we'll just slap a token warrant on it call it a day it's a crypto deal and they're like oh yeah like we're
going to do this like cell service company like they could slap a token on it at some point um and then it comes roaring it comes roaring back around and then they're back to being fully uh uh just literally on Monday uh one of my port Co got hit up by a strictly crypto fund uh and it was a defense tech company trying to make the case and this uh so anyways I just think this is the argument I I think that you're
it's okay as a VC to position yourself as an expert in a certain sector but branding your Venture fund as a specific industry is is almost like committing seppuku y because there just simp almost always is not quite enough opportunities unless you're keeping your fund size small like I know um there's a a friend of mine Nick milanovich has a has a $10 million fintech fund it's going to perform Super well he's the guy you go
to if you want to raise a pre seat in fintech it's it's he's going to do well it's when you have a $100 million fund and you're saying we're the XYZ fund then you get in a bad spot yeah just so much better to just be a generalist and just uh just move around yeah just money ride the HS well thanks liquidity good post oh this is a great one so uh we got tagged by Eric jensson good friend of the Pod he says I need the tech Bros pod take
and it's a Victorio tweet that says the fastest way to make you money is to learn to say you without any money I think that's right I felt I felt like I had you money when I was making like four grand a month for my first company absolutely because I was enough to pay for my rent I had a two a car with 200,000 miles and I could go to Trader Joe's without fearing that my card was going to decline and that was
like the ultimate luxury for me I could do I could live do whatever I wanted at that point yeah there's that there's that Meme of like there's levels to this you know oh you get the sports car and then you find out somebody has the hyper car you get the you get the netjet subscription you find out somebody has a golf stream but uh if you don't let any of that if you just completely ignore the the honic treadmill there's nothing
stopping you from acting like you have you mentality is simply not depending on anyone else for your survival yeah yeah ex everybody depends on somebody for survival but uh and that's the difference between being wealthy and Rich yeah like um being wealthy is being independent and not having a boss essentially and being able to say no it's great let's go to Mark andreon um he's been on the Pod before
uh the primary mission of technology and economy policy should be to put everything on the TV price curve and it's a picture of the price changes from January 20 2000 to December of 2023 so 24 years 23 years of of uh progress and Hospital services are through the roof College tuition's through the roof uh medical services are through the roof but of course cell phones to computer software and TVs are all down 90% and
now you know I I I I paid uh one Bitcoin for a TV that wasn't even uh it wasn't even 10 it was 1080p it wasn't even 4K and I wound up just giving it away a couple years later uh but then I bought a new one $9,000 TV yeah I know and it was uh uh and and and now you can go and buy like a fantastic like 85 in 4k like everything TV for like great the classic Black Friday video Black Friday is like much less of a thing now CU everything's
online um but the classic sort of scenario in a Best Buy on Black Friday seeing people fighting like getting into real altercations was always over the TVs and the TVs are like the TVs are like the rotisserie chicken of a Black Friday sale right they're like this is our loss leader going to get him in the door get him a new TV and then we'll sell him a bunch of other stuff to get some more margin on but I always thought
that was funny because a TV is already the cheapest thing that you can get like almost year round like they've been so cheap they just get cheaper and it's no longer that like statement it used to be because like everybody has them right yeah um let's go to Dr Ben bradock he says there are people laying in a hospital bed begging God for the opportunities that you have right now what an inspiring post simple post
inspiring um not even just the opportunities but the feeling you have right now yeah just if you're remember the last time you were sick it's miserable to just have like a powerless uh and um there's no better feeling than having fantastic opportunities and I think those opportunities are available to everybody in this country uh you simply need to um listen to Founders podcast by David CRA and start to
understand that opportunities are everywhere exactly let's go to the civilization enjoyer Lucas uh they say dance like nobody's watching post on Twitter or acts like it will be printed out and read by men in suits if it's a banger it'll be by men in suits so yeah we got to we got to Deep dive this uh this guy's account find some of the the the Banger gems I'm sure there's some good he's an emerging he's an emerging
poster uh you know generation nextg so we're investing preced in like covering yeah covering this guy's tweets as like in you know covering if if we were around for Daniel's rise be comparable to that right when Daniel at sub a thousand followers is like some real Alpha there so um first of many uh if he keeps on this trajectory and shout out to the civilization enjoyer Lucas I enjoy civilization as well so shouts out
great great invention uh signal who's been on the show before says my portfolio relies on Trump and Elon never having a falling out how can I hedge against this uh I mean a lot of people are predicting this I I'm I'm I I certainly hope it doesn't happen but uh I mean it interesting to figure out if there's a way to create a market for this on poly Market I wonder how you would actually that's a really yeah
because like the falling out could be just happened behind the scenes it could be oh he's like you know less involved in the Doge in year three or something so this is a unique thing where it will in my view I think it will be beneficial for Trump and Elon to be cordial and have a working relationship indefinitely in the same way that burn Trump having a direct line to Putin is not necessarily bad like it was always
positioned as oh Trump has Trump's friends with Putin it's like no keep your enemies close right so I think that I think both Trump and Elon have a lot uh writing on each other right Elon has one of the most influential media businesses in the history of the world uh Trump runs uh is about to run the country um and elon's businesses are uh pretty dependent on government contracts y so um yeah hope they hope they continue to bro down
I'm not sure how you'd hge against it and they also technology Brothers right Trump created the hottest uh best performing social media app the last five years Elon bot the best performing the best most influential best social media and so they they have that mutual respect from both being social app Founders let's go to Jeremy gon he says everything good you want in life is on the other side of a single phone call
that you're absolutely terrified to make you know exactly who it is and you know exactly what you need to say but instead you it haunt you for years you know I saw this tweet first thing that popped in my head was that call that I needed to make with to my Porsche dealer um and a lot of guys play this game with Porsche where they say hey if you want to buy a GT3 or GT3 RS or a touring or an st you know you got
to buy the EV Macon you got to buy a tyon you got to buy two tyon you got to buy another another Cayenne that you don't want and those are obviously cars that the the buyer doesn't actually want so they end up buying them owning them selling them back to dealership at a loss and you end up racking up like six figures of losses to buy the car that you actually want so a lot of guys are afraid to just spend 100K over sticker
to go buy the car immediately but I'm just going to put it out there like a lot of people are afraid to make that call and I don't I don't think that you should be you're going to spend that money one way or another even if you're buying on the secondary Market on bring a trailer or whatever just do it yeah um so everybody's going to apply a different meaning to that but that was the idea that popped in my head first as
they say you know you can sleep in a GT3 RS but you can't race a house can't race a house so better to be car Rich than house Rich uh let's go to Tyler Cosgrove he says you guys can do your tour at um Michigan Stadium it comfortably seats 110k so as so long as we get a couple thousand more folding chairs it should work fine this is our new campus R this is our new campus rap we love Tyler congratulations or yeah uh yeah I had a
good call with him I really like this guy young hungry studying physics yeah really really thoughtful I'm kind of worried to to gas him up too much other uh people are going to try to poach him but that's a free market it is it is uh thank you for representing technology brothers and thanks for thanks for flagging this uh we'll do that tour soon let's go to world the world we're going to do the technology
Brothers World Tour it's only going to be in the United States yes exactly all the most important destinations in the world yep Las Vegas Miami New York La San Francisco Chicago Michigan exactly uh Dua says nothing is more expensive than cheap Goods the price of cheap goods from China are factories never built in the United States Industrial Technologies never discovered younger Generations that look down on factories deep process knowledge that
dies out and dependence on an adversary interesting yeah it's true well saidur I think this is is CEO of a company called deterrence was uh part of getting off the ground uh deter is doing um high volume energetics manufacturing so manufacturing like the super boring uh components that go into different types of Munitions and uh probably struggling with supply chain right now yeah Supply change is the biggest thing
like basically a lot of the US militaries like Arsenal is uh dependent on overseas sources Y and that puts us a position of like potentially like a catastrophic supply chain crunch depend in on how the world shapes out over the next 10 to 20 years so the real um yeah and then and then looking at the sort of externalities of of offshoring our manufacturing throughout the last century the job loss the cratering of
certain towns and communities in America which is all the stuff that JD Vance has like talked about over and over um there's a real cost to getting stuff cheap yep uh let's go to the next one but first uh we have a promoted post from Mont Blan we want to put them on the show and uh we're excited to bring them to our audience uh mon Blanc writes a nature inspired color palette refreshes Mont blanc's Timeless leather
goods in the Mason's spring summer 2024 leather collections filled with pieces that combined Aesthetics and functionality uh you might know Mont Blanc for their fantastic pens uh but we encourage you to go to montblanc.com and check out some of their fine leather goods uh so we're we're excited to welcome them to the technology Brothers podcast and look forward to partnering with them more in the future
let's thank you let's stay on the topic of luxury goods the luxury watch guy says soube just sent four world records at its Geneva watch sales the highlights in total the two auctions combined for an impressive $22.9 billion in sales pek Philipe reference number 1563 sold for 3.8 million and reference 2499 for 2.6 million I love that's probably more Revenue in a week than the entire last 10 YC batches will generate in uh in this calendar year
2024 yeah young collectors under 50 drove 60% of sales future is bright yeah I just love to see that young you know young younger people are getting in the mix supporting fantastic institutions like saes and it's great to see the watch Market coming back it's been a rough couple couple years uh it's no probably um accident that it correlated with an increase in the price of Bitcoin most of the watches that uh our audience
wants cost about one Bitcoin uh so uh anyways easy easy trade there let's go to Emily Troy at coinbase she says slowly and then all at once and it's a screenshot from The Wall Street Journal saying Gary gendler's ambitious SEC agenda could be near its end Emily's uh from my understanding been a fantastic leader at coinbase through M you know tons of ups and downs and Regulatory UNSC uh uncertainty and
scrutiny and all this stuff um I just don't think it can be stressed enough that like every company whether public or private goes through periods of euphoria and periods of Darkness but nothing is more intense than within crypto world and like as much as crypto you know Founders and web 3 people that are pivoting into web 3 as it gets hot as much as people get made fun of um it can't be stressed enough how uh how much
the people companies like coinbase go through on a year-to-year basis and how much they just have to like put the blinders on and these people are working at a company where they're like embarrassed to say what they do at Thanksgiving right and now they're going to go into Thanksgiving it's going to be a Jolly Jolly holiday season so shout out to uh Emily and coinbase for um pushing through it fantastic let's stay on stocks up like
literally added like 30 billion to market cap last great team uh let's go to Martin scy he says the the future of finance and it's a USD usdc transfer of 100 usdc it's happening on ethereum and it's happening on ethereum and I I actually don't really understand what's going on so he's sending $100 it's costing him $10 no it's a 10% payment processing fee oh my God yeah anyways uh one of the reasons why salana is just absolutely
cleaned up uh and like a lot of the developer activities moved over to salana it's just you know blockchains were invented to be able to process like really high volumes of transactions globally instantly sure and the fact that if you want to send 100 bucks it's like a 10% payment processing fee yep and it's not even going to the cison brothers it's going to uh vitalic what's his name not directly obviously the ethereum
shareholders uh let's do another promoted post uh this time from Steinway and Sons you've heard from before on the podcast um uh Steinway writes uh during World War II Steinway Victory verticals were shipped to every theater of war and it's this amazing picture of these upright pios that the Steinway company was was building just lining this Factory uh during World War II and it really speaks to the heritage of this
company and why uh we're so proud to support them and we love them so much um but it's it's it's it's great to see I mean this was posted on Veterans Day uh it's great to see a company that you you know they're not their CEOs and like posting on Twitter all day but they still get it they're still Pro Amer they're still you know the classic images you see around World War II industry is these massive hangers and
Facilities spinning out uh planes and tanks and guns and cars but it's important that we understand that when America rallied around World War II it wasn't just Aerospace and defense and Automotive manufacturers it was some of the greatest companies in the history of America St way being one of them that that rallied around the cause so thank you to seway and if you think about you know you're in the you're in the theater
of war in World War II like they didn't have iPhones at the time like literally having a friend who could play piano and Entertain You was probably what got you through so uh we love Steinway here please visit Steinway dcom to learn more uh let's go to sheal monut uh he says John Don Jr is a VC uh 1789 capital invests in the Republican paral parallel economy de globalization anti-g and cuttingedge technologists
that disrupt Industries weighed down by excessive bureaucracy and so he's Don Jr is joining a venture capital firm interesting what do you think uh Del globalization anti so so it's funny that these are all framed intive they really could just be like you flip this around and it's just like uh American manufacturing like energy Independence yeah Mission driven companies right like you know uh Founders that move fast and ignore
bureaucracy like it's really just a reframing of the same pitch we've heard from Plenty of VCS yeah that's that's always been the one of the critiques of trump broadly is the negative view on things Amer Carnage as opposed to optim obviously yeah there's a little bit mean even make America great again it's like are we not great right now what's going on yeah but that but anyways these Trends I think they're
generally you know sounds like they're going to be pretty generalist fun but not not bad themes uh overall at high level fantastic uh let's go to Nikita beer he calls the top uh on uh 1111 20 2024 at 6:54 p.m. and I think he was wrong I think he was calling like the Bitcoin top more or less at like 84 or something like that I'm not exactly sure what here's the funny thing usually the top correlates with coinbase going
number one in the App Store and coinbase as of this morning was number one in the app St so that's what saying no no I think that this this post uh pre predated um that number one but um by a couple days but but yeah I just think it's funny if I think what Nikita should do is tweet top once a day yeah for delete all the ones that are wrong yeah just go back and delete them and then he can say he called the top and then he
can sell more we would have the evidence here that he did that because we would be printing them out we're the only we're the only people in the world that are printing out tweets you're in the truth Zone Nikita good luck can't pull that on us uh anyways I think right after this he tweeted we're back so yeah we're back yeah I know he's he's he's optimistic uh we got one more promoted post today uh this time from Gulfstream
Aerospace uh Gulfstream is proud to announce that starlink has arrived Gulfstream has officially received FAA supplemental type certification to install the highspeed internet service on the G650 ER stcs are also going in progress for the g800 g700 g600 G500 g400 G gix GV and gvp and you can learn more at gf. starlink so shout out to GF stream big big pod two of our favorite companies exactly yeah we love SpaceX and we love
Gulf Stream here so uh happy to support them I mean this tweet did very well they got 1.7k likes 100K views hopefully we'll get them some more attention because we love Gulf Stream here and encourage all of our employees go by golf stream to go by golf streams takes a little bit of time but it's worth it it is uh let's go to run run writes uh when you're good at something it doesn't feel special or
high agency or Brave you're like what else would I be doing it's a good post podcasting podcasting yeah no no makes sense it's it's the iag guy thing it's like figuring out what what what your life's work is what you're meant to be doing this is important I like this yeah a big thing a big thing that ends up happening is people have like all these incredible insights and learning so they don't end up sharing with the world
because they just seem so innately obvious to them that they're like why would I ever talk talk about that idea or thought because just so so obvious and then turns out like thousands tens of thousands of other people would like be like mind blown like it was like Mark talking about all this stuff at the Rockbridge event right where the politicians Minds were like blown but um to him it's it's it's second nature yeah
yeah so find the thing that's second nature to you avoid talk about it avoid mics and and just do whatever become the best in the world at it exactly like run is Run's the best in the world at post and language models yep like undoubtedly right there's a lot of alpha sitting in that yeah well well we we got to wrap up because uh I I think Jordy has to hop on with manella but uh we will see you later subscribe thank you goodbye