welcome to technology Brothers the most profitable podcast in the world today we are excited to talk about an amazing development in the show we got a massive shout out in a huge newsletter by one of the best writers on the internet pachy McCormack put us in his newsletter in one of the most important pieces he's ever written it's called the Trump bubble and we're going through it today stay tuned Jordy what do you got all
right uh pachy where to start with this guy he has been ahead of many Trends and somebody who's a excellent at uh sort of crystallizing uh and owning a moment right and so in this case he sort of uh has has effectively uh broken down what he believes is a new uh potentially multi-year Trend called the Trump bubble okay um and we're already seeing like evidence of this just post elction Bitcoin goes up to 90k the whole stock
market R even just normal Fang stocks were way up um there was like a massive trade talking to a a Trader who was like I he predicted that Trump was going to win he just bought everything that was Trump aligned like he bought defense stocks he bought every like anything that he thought would would move and uh it played out very well for him yeah and before we jump into this article I think
it's important to highlight that py uh like ourselves is not a political analyst he does not discuss uh politics he's fully focused on uh just analyzing uh the moment and Technology Trends and and so he actually highlighted before he even jumped into this that he's had a number of incidences where he's covered something and made a lot of people mad right that's sort of people tend to get mad on the internet uh he a while back
wrote a piece called why the Democrats lost Tech and he had a lot of people uh got that got mad at him uh for even you know painting any type of positive light on uh Trump and then funny enough a lot of Republicans got mad at him as well uh because uh they believe that there was nothing uh at all redeemable in the Democratic party um so uh his broader point with the article is that uh there's nothing that impacts the
industries that he's investing in and that he's obsessed with more than uh this sort of like new Trump Administration right um and so that's a little context for the piece so uh like John said uh the last week or so has been pretty risk on I think a lot of uh you know there's just been broadly a lot of companies doing really well uh except for a number of Pharma companies yesterday when a certain person got RFK
RFK got uh appointed um but yeah pak's broader point is that we're at the beginning of the mother of all bubbles uh which uh kind of makes the hair on the back of my neck stand up yes sort of uh uh yeah what's interesting about this is like there's there's one narrative that's like oh we're going into this bubble but at the same time it's like the business cycle always kind of restarts after a major crash and we saw
that major crash 2022 2023 things were really rough it' makes sense that this would be the beginning of of something it's just crazy that it already feels bubbly but I think back to like when I got to Silicon Valley in 2012 like uh we were doing like essentially YC and all these different like VCS would come and speak and and there were a ton of articles in Tech crunch like like Tech is in a bubble like the tech bubble like
the the series a crunch like you won't be able to raise series a and that bubble literally lasted for over a decade but it felt like a bubble then and there were sort of minor oscillations right 2017 2018 minor sell offs but like like for for the most part like going long through that period was like the phenomenal strategy and so uh even when it's frothy like yeah like the like the business cycle is more is more
of a like a massive driver than than like any specific like like bubbly valuation in a single stock or a single asset class like um I I wouldn't be surprised if like the true benefit ICI Aries of the Trump Administration are you know not necessarily realized right now totally totally it's a longterm thing who else got shout outs in here besides us yeah well I mean right away he shouts out uh burn hobart's book
which I just got in the mail actually Tammy sent it to me amazing yeah he shouts out boom bubbles in the end of stagnation uh recommends that everybody read it because it's kind of like a a Cornerstone of of his entire thesis here we should read it and do a review show but yeah there the the high level with with the book is that there's basically five overarching traits shared by all of the Technologies and mega projects that
they had studied which was one definite optimism and constrained Vision fomo fear of missing out and you only live once Dynamics Yol which we love fomo and YOLO fomo and YOLO okay excessive risk taking and overinvestment yeah parallelization and coordination yeah reflexivity and hyperstition H uh and he basically Al says that uh he feels many of these himself right now I remember he tweeted maybe a couple weeks back that
he is extremely Overexposed to bitcoin crypto technology I think he's an adviser to andrees crypto and you know obviously is is actively active investor um you know both personally and through his fund uh but even he he was feeling fomo despite being almost 100% allocated to technology right so that is uh pretty sign I mean if you think back to the orig like the the last crypto bubble like a lot of people were trading with
like 10x 100x leverage yeah and right now most people weren't sitting there with 100x levered positions they were just should they were kind of like hodling you know and being like okay I'm getting through this bare Market but they're not sitting there with some massive margin position so uh yeah I mean when once that comes in it's going to be insane yeah yeah so he he spends quite a bit of time defending bu bub
which I don't think we have to do on this like you and I a lot of people like to use bubble as like a way to slander something but all of our listeners are students of capitalism yeah they understand yeah um I think we can skip over that yeah um but yeah I think the uh but you should go get get the book and we should do a review on the show yeah so he talks a little bit about signs of a bubble um I think that uh you
know Manhattan Project Apollo program uh those are bubbles that direct government oversight right they were like government created bubbles in a way which was like massive overinvestment Y and his position is that the Trump bubble uh is going to look more like Moore's Law which burn and Tobias and the book say uh is perhaps Mo's law is perhaps the most compelling and enduring example of a two-sided bubble where in
the expectation of progress in one domain Spurs progress in another which then propels growth in the first right and so the idea here is like we're in this two-sided bubble right the Trump Administration is telling people that it will be easier to build invest in and accomplish big things this is P's Words which is already making people more excited to build invest in and accomplish big things right so it's a
sort of like incredible podcast feedback loop uh podcast yeah yeah it's a podcast feedback loop right uh positive feedback loop and in our case it's a podcast feedback uh I'm known to have a Freudian slip content that we can react to eventually this whole show will just be us reacting to our own videos in an endless loop yep an oral boros exact content uh so yeah he he shouts out Augustus saying that he captured the
sentiment as well as anyone we have a four-year window to go as hard as [ __ ] imaginable right so here we are re- reacting to things that we've already reacted to um anyway so um I think it's it's the the core kind of idea in is that just people believing that things are possible now is kind of uh creating some real momentum with this bubble um and uh yeah it's across the board Education Health everything uh kind of every
category is kind of moving in a positive uh Direction so uh at one point pachy shouts out uh he says I obviously love Jordie Hayes John cougan and Eric gl's proposal to help bring transparency and efficienc to the government spending with ramp uh which we talked about uh last week and we this obviously came up somewhat as a joke right we were we were um you know talking about how I mean I'm
sure that's how the the government I'm sure like the original moon landing was like a joke they're like wouldn't it be funny if we land on the moon or like wouldn't it be funny if we built like a nuclear bomb but then like obviously people set it in andly and that's the reason we had the the Apollo program yeah and we had you know something we covered early in the show was uh some of the government's spending on sort of boring uh boring
line items things like soap dispensers over the last few decades have gotten to be so egregiously priced due to lack of competition and lack of downward pressure to more efficiently you know spend money and so uh in many ways getting the federal government running on ramp is not at all a joke because it will help us drill down and and figure out where spend is being wasted that could be invested in healthare
not unreasonable and um for and um what did Sean McGuire have to say over there uh there Sequoya Shan McGuire said he's getting messages from physics phds asking how they can work in the Trump government um which again I think part of this optimism Loop is that for the first time in our life time you have nonpolitical types that want to work in the government which can't be UND yeah I have a friend who was he's
lives in Taiwan and and and has spent a lot of time in China and he said like the biggest difference between like the way the Chinese government works is that they compel the best and brightest to work in the government and a lot of that's you know forcible but uh they like it's just night and day and and if we can you know obviously in America because we're the land of the free the home of the brave like we need to do
things differently but if we if it's a meme if it's it's a Packy post if it's a tweet like whatever it takes to get people to actually think that working in the government is um is a reasonable path is a valuable path to something like a better life like that's really really important it shouldn't be seen as like oh like I I got stuck with this or I got to get out of here as soon as I can and use this as a jumping off point
yeah in China uh the elite the ones that stay in China are often times the one that are in the ones that are in the party right in the government China's Elite actually end up you know leaving uh you know becoming expats y um but anyways you know back to kind of the the highlevel promises of the Trump admin make requirements less dumb uh they want you know they're pushing for regulatory reform across the board uh
they want to delete things like eliminating certain agencies uh eliminating the Department of Education might be a bit extreme it sounds uh like maybe we should have an education department said that there's 4 25 different departments and he was like I think we can do okay with just 99 yeah it's like a funny phrase it's a funny thing to think about you can't even name them it would be kind of interesting to
think about just putting like a very arbitrary rule like any government organization can only have 99 departments and so if you want to add a new Department you have to cut one right exactly laws too where it's like the the the the case text and the and the law is just getting more and more complex everying Year we're adding adding adding and we need to be doing some some some you know code code review here yeah and
you know uh a few others simplify and optimize they want to streamline uh the processes that do exist they want to accelerate cycle times which means speeding up approvals so uh if that's stuff related to the private markets right SpaceX wants to launch a rocket how do we get them you know approval for that faster and then just automation how do we mon modernize like government systems right we've talked about uh
wanting beautiful DMV apps uh you know here in California can we do that on a on a national scale y um so uh and you know broadly kind of py sums this up by saying uh a willingness to make big changes is also a willingness to break things right and that's a willingness to take on certain amount of risk sure I think the government's gotten very risk adverse over the years but uh we're now in the situation where the government
the new the new admin seems to be willing to take risks and what that is leading to is uh people in the markets also going extremely risk on right simultaneously everybody's going super risk on which could create the mother of all bubbles which we've been praying for so um it is uh great to uh see things coming around um I think yeah I think that's where a lot of the optimism is coming from is like there there's been a
lot of critiques about like you know are the people that are going in administration like experienced enough and the answer is like probably no yeah but like at least they might jar something loose try something different and there might be you know a few experimental successes that lead to outsized power law s returns and that's the value of of of shaking things up it's like how like a huge portion of the
alpha that was generated in Silicon Valley from the year 2000 onward was literally just saying yeah it doesn't matter if you're a 19-year-old kid we we trust you with a million dollars to go build something y um and and and this is kind of that version of that 100% uh another you know we don't talk about politics on the podcast but you know it's worth calling out that a big critique of uh Trump overall from the
other side has always been that he is a threat to democracy and one of the broader trends that we're already seeing uh you know we talked about a few minutes ago is this idea that a bunch of people now want to basically are more excited about participating in in our government system in our democracy sure sure um and Elon is the number one example of that like he sort of dominated the private markets and then
where can you go uh what's the next sort of like Battleground he chose politics that was the biggest way that he could have an impact on his business um but it's cool to see that the approach that he's taking with the with uh Doge the department of government efficiency uh you know they're they're already using uh you know X to like be highly highly transparent and communicate I there already an account posting there's
already an account they're posting uh they've got some good posters running it I'm sure uh and Bea said Doge will soon begin crowdsourcing examples of government waste Fraud and Abuse Americans voted for drastic government reform and they deserve to be a part of fixing it so this idea that the people that are kind of like spearheading these changes actually do want participation which is the foundation we like
literally need like a whistleblower for that $150,000 soap dispenser like somebody that and just like this is ridiculous and and there's some sort of incentive because I can basically go viral and get an Elon retweet if I if I post this and so I'm going to call it out as opposed to just like oh it's just business as usual like that's always the way the government is like it doesn't have to be that way yeah so anyways I I
I I I think as as much optimism as there is in Tech right now I don't think it can be understated how much fear I'm sure there is in Washington I would love uh maybe we need to go over there and do some you know we're not journalists but we could go start having some conversations people on the ground get a sense of uh how they're feeling because if you are working in a bloated government organization right now or
you're a lobbyist that's been reliant on the pharmaceutical industry uh you know uh those types of people there's a lot this is like uh uh the changes that the new admin wants to make uh are direct threat to a lot of the way of life in Washington DC yep um from uh you know from the bottom to the top so overall fantastic article pachy we just have one bit of feedback the name should have been the Trump pump the Trump pump the
Trump pump trump pump trump bubble's good I mean py is fantastic with his titles the great online game like he comes up with these really good coinages he's like a master of cougan law where the more coinages the better but uh this one Trump pump maybe somebody already said it maybe he needed to yeah maybe he wanted to talk about bubbles specifically because of the stripe book but pump the Trump pump is uh yeah and
the last thing I would shout out uh you know we love advertisers we love advertising uh thank you to trumed for sponsoring paky peace uh Justin Mars cie uh friends of the show thank you for supporting uh independent writers yeah and if you're gonna review a piece like a newsletter like like a Packy piece like you should give credit to the adver you can't you can't just rip his quotes and pass it off as your own
pass along the ad thank you to True Med yeah thank you to True Med uh let's go to Matt Grim um he uh asked me to fix something he says it's insane it's an insane Market inefficiency that we can't buy nicotine packs at airport convenience shops John cougan please fix thanks and uh I wanted to talk about this because uh like a bunch of different things are changing in the tobacco industry the nicotine industry
there's another viral tweet by uh Peter Hassen who says the war is over fellas our pouches is safe our pouches are safe and it's RFK holding a pack of pouches just locked in locked in and he's going to be uh nominated to run the NHS which I believe will oversee the FDA and so um he will have a pretty huge say in in how those get approved but it is it is very interesting and and a lot of people were asking me like wait like this seems
obvious like like this is like people come to you know people come to me all the time with ideas like oh you should like you know sell this in grocery stores you should sell this in R like yeah I mean for the first like couple years when we were mostly online people would always say oh you should sell this in retail stores like yeah obviously like there's a lot of hurdles to do that um but the hurdles for selling in
airports are even more cumbersome so they do sell nicotine products in duty-free and you don't pay taxes but you have to be flying internationally and don't you have to B you can't necessarily open them up yeah yeah yeah mostly you're buying cigarettes and and you're buying large quantities and it's basically because that's like an embassy and it's like an international waters we've tried to Dom during the dutyfree
and open it store and they don't let you open it in the store it's really frustrating even they even sell glasses don't let you up in it in the store but the uh but with the Hudson News thing like or the you know the the the airport stores there's just this very interesting Legacy where so in order to be a retail store that sells nicotine products even ni pouches that don't contain tobacco you still need a tobacco
retailer license and so that's somewhat cumbersome um and if you look back at the history of tobacco products there was never a product in the post cigarette era once they banned smoking on planes that wasn't disruptive to the person next to you y so even if you could argue that it's like vaping on the plane is not going to like bring it down although you know you could smoke on planes and they didn't they weren't
falling out of the sky it was more like a health issue but even if you could make the argument that vaping next to someone is like safe yeah it's like annoying and so they would never sell those because everyone would be like why are you selling these they're annoying and same thing for smokeless tobacco like if you're chewing dip and spitting and the person has a dip cup or Gatorade bottle next to you like that's just
going to be kind of a nuisance I once was on a flight uh back from New York and had a woman aggressively in vaping in Jet Blue Mint and she was about I was sitting up working as I do on flights she was on the live Flats sleeping y secretly smoking her little vape and we ended up getting into this huge thing and she went to the to the uh uh Hostess Hostess whatever and said kept saying he keeps accusing me of vaping I'm not will
you talk to him about it I'm like I'm like I'm not going to do this but uh yeah that that I believe that flight was from New Jersey to La actually might explain things yeah totally um but so so now you know know obviously um uh tobacco-free nicotine pouches are incredibly popular um and it does seem obvious like why hasn't Philip Morris tried to put Zen in um in you know Hudson News and I was trying to dig
into like you know okay what what is the real reason well a lot of it has to do with like the licensing like you actually have to go get Hudson News new licenses that takes a long time I think this will happen um but it's going to require some like a very aggressive move and the reason why I wanted to discuss this was I wanted to brainstorm with you like if I make this my life's work to get Lucy Excel Breakers pouches into uh
into Huds and news like What playbook should I run and I'm thinking like there needs to be a Grassroots campaign there needs to be memes we need more guys like Matt who are taken seriously in the government and in the business world to be talking about it but then I also need to be getting intros to the Hudson News CEO from like his whole network listens to the show probably listens to the show
so give me a call if you do I would say one one also like yeah what else give me the whole kind of you know Jordy marketing Playbook to Manifest this into reality because I was thinking like I should just put out a call on a like if you introduce me to Hudson News and we get a deal done I'll buy you a yep because because it's going to be so valuable and a lifetime supply of pouches and a lifetime supply of pouches
yes so so I will happily do that because if if if we get the deal done it'll be extremely valuable to me personally um but also I think there will be a KnockOn effect from being the first pouch in airports that will even if we're you know not making a ton of money on the actual deal I think we'll get press around it and Airport Travelers will see it and be like what is going on wow okay this brand really this brand Exel
exactly uh so I'm I'm I'm I'm a pragmatic guy uh an interim solution to this we're going to be rolling out some technology Brothers shirts hats various types of merch so what I would say in the short term once that goes live all the technology Brothers out there if you can wear uh the TB branded product while you're traveling it's a way to signal to other brothers sure that uh that you are basically a mobile nicotine dispensary
right because I think imagine anybody anybody in our audience would be would be fine to share a pouch with another brother maybe even a few right a lot of a lot of guys you know any anytime two technology brothers are walking to the airport one just closed you know a nine fig uh you know licensing deal uh for their company the other one is is fresh off of like a precede pitch and maybe the precede founder doesn't have a ton
of pouches but the guy that just closed the nine fig deal did and so they can make a trade right um take my can you know take a few uh that's an interim solution but but yeah I like the pek giveaway uh I think that would that kind of you know I think we need to see more companies using uh luxury watches as bounties uh to say like you know if somebody's hiring for a role and they're like oh if you find an engineer we'll
give you five grand it's like I don't care about that but if if you're putting up even something of the same value like a cardier Santos yep um I'm going to be much more incentivized right to actually go and make that happenly and it's more tangible and it's like but it does have liquidation value in the sense that okay yeah I you know I I got this referral fee I got this thing maybe need the cash
a watch has a story right but a watch has a story and you could pass that down you could keep it on you keep it forever so I I I am very serious I need to actually uh write that post and like canonize it that could be a product that could be crazy intros before just by tweeting oh I would love to be in like this retail chain and someone will be like Oh I'm actually like brother-in-law with the founder or something so the
Serendipity engine on X is insane so um you heard it here first we're going to put together a plan and nicotine pouches will be sold in airports mark my words but in other news this podcast has been growing like wildfire you hear it every time we introduce the show we're the most profitable podcast in the world that's been true since day one y but more recently we've become the fastest growing podcast in the world that's
right and that's really huge so we need to celebrate that we recently hit 1,000 followers on X and major Milestone major Milestone uh and so we will be uh opening up a bottle of Don Peron to celebrate as we do hopefully see it CH down okay and we're gonna need to talk through this uh so that the listeners have something to pay attention to while I'm working on this getting this open so um do you uh do you drink a lot of
champagne I drink champagne on occasion I uh I try to uh I find that if I'm drinking it can sort of impede my nicotine caffeine consumption I'm not a big espresso Martini guy and so Maris at lunch guy for work if you're doing creative work creative work want get or deals orals yeah or deals or spreadsheets or like if you're doing an IPO Road show you want to make sure that you're drinking early in the day see yeah
hey there we go okay tears to 1,000 followers 1,000 to more many more and we're gonna be doing a bottle of Dom every thousand followers every thousand followers forever yeah uh well it only gets it only gets more from here yeah I mean maybe two two B at 10K we might need to lever up and and do 10 bottles 10 bottles and do our first 10hour episode our first 10 hour episode that'd be fantastic um so the the champagne is
Flowing we're here to celebrate cheers cheers to technology Brothers the fastest growing podcast in the world there you go there you go cheers the uh yeah the fastest growing it's honestly tastes like ramp have you ever like if ramp was a champagne it would be the D people say that about ramp they always say it's like the Dom pering of B2B SAS right that's like time you see that flying around when people ask oh should
I use ramp or this other company a lot of people say it's D of BB s and so we also uh did a little ation with the fans we we promised that uh to our 10,000th follower we would give them one complimentary blood boy and uh Cersei vocal cry uh was the winner and so uh she will be receiving one complimentary blood boy so we'll talk to you soon Cersei and uh thanks for supporting us we really appreciate
it uh let's go to some DMS we got some questions from the fans let's go to the first one uh Mickey with the blicky says Jordy Hayes question for the Pod I filled out this form on an investing app and lied about my income and net worth then at the end it asked me if I was accredited I'm not and I said yes so now I'm verified to invest in pre-ipo companies can I get in trouble for that what do you think okay so uh I have a very quick
solution for this just go to your boss and say you need $200,000 a year because as soon as you're making $200,000 a year you are you are I thought it had to be for like the last taxable year is it is it who know there there's a lot of there's a lot of regulations walk in and just demand it and say look I need to I need to allocate capital I need to create shareholder value I need 200k boss or I'm out of here I'm out of here
and you're gonna get it and then if if your boss says no run your next job hunt and tell everybody before you submit your resume 200k regardless because I will be Angel Investing 90% of my yeah or go apply for roles that have you know 500k based comp and tell them I only need 200k I'm going to outwork anybody I'll save you 300K a year right boom boom and then and then yeah sleep in a shed the and invest 0k yeah yeah exactly
move in with your parents and just and focus on Capital deployment right exactly exactly no so uh I remember you know being uh in Mickey's shoes when I was a young man you know getting Angel investment opportunities here and there uh there's a lot of um you know there's a lot of uh lack of of clarity around these things uh some Founders care some Founders don't uh a lot of more seriously uh run companies uh sort of uh
will I don't see a lot of formal accreditation checks I write most of my checks out of a fund uh now so it's it's not as much of a thing but um but yeah here's the thing uh it's it's actually much less of an issue for uh the individual uh I don't think Mickey's going to get in trouble for doing this it really comes down to the companies so if Mickey is on a platform uh deploying money and uh they kick you off they well
yeah of course it could kick you off uh I I imagine if Mickey's not using an ALT he will after this podcast goes live hopefully we might burn just burned your Angel Investing career but um but uh no uh the bigger issue is um it sounds like he's he actually hasn't made an investment though and I think that's where the Securities laws come into uh it's not it's probably not illegal sign up it's probably a Securities issue if
you actually do the deal yeah yeah the bigger the bigger issue is for the company and the platform if Mickey makes a bunch of Investments that are very risky and they go to zero and Mickey and other people that were not accredited say hey I wasn't accredited they marketed these you know sort of you know Investments to me um and the main thing Mickey uh Angel Investing is very very high risk uh you will not get your money
back for 5 to 10 years maybe nothing at all go to zero it is um one of the silliest investment activities of all time it pays if you're good at it but uh what I would say is uh whenever you are uh you know officially accredited or in your current state start small uh don't you know invest uh your uh all of your liquid assets too quickly because then you'll start seeing better deals in six months and you won't have any money to
put to work um so good luck out there good luck let's go to another DM we received hi John and Jordy I've been investing at the large growth Equity VC arm of a crossover fund and I'd love to move to one of the Holy Trinity firms can you give me a little insight as to how they differ culturally uh Holy Trinity Kleiner sequa and Founders fund yeah I mean fantastic firms I mean obviously like I'm super biased here so
I can't really comment that much but I can tell a little bit culturally um I mean Founders fund everyone knows it's like kind of the the the pirate ship of the three it's a little bit crazier a little bit uh weirder yeah weirder and like it's always been very freewheeling in terms of like the Press strategy like you have on one end like Peter writing a book that sits in airports and is like
universally recognized as like a great business book The found the the almost the foundation of this podcast yeah and then you have like Delian just like being a mad man on Twitter and just like posting all sorts of crazy stuff yeah Mike and and just like both of those are acable and that's and that's very it's a cultural thing at at Founders fund and I think the reason that Founders gravitate to them uh quite often is the
entrepreneurial nature of the partners so many of the partners have uh have a fast growing Venture back startup that they're also doing yeah ton of incubations Peter with paler Trey with anderol uh vard and there's gon to be more so um it's been yeah it's been it's just a very entrepreneurial firm no matter where you sit in the organization there's everyone like you're never going to get like here's your task list for
this week and at some I mean specifically if this guy's had a growth Equity like uh crossover fund there's probably like an element of like Dialing for Dollars have you seen this where you know it's like we need a price for every company so we got to get in touch with like every single IPO candidate every single candidate that's that's late stage just call all of them get the data just just you know pound and pound and
pound and um and Founders is much more like whatever your strategy is we're cool with that your own consensus partnership by right so let's move on to seoa I mean seoa obviously like long-term rival can't can't say too many nice things about them but you know we've talked about this before we love Shawn Maguire and what he's doing to Pivot that brand to dark SE it's essentially dark seoa like you know Elon
has done the dark Maga thing and Shawn has brought a very unique energy to seoa that kind of bucks historical Trends I mean literally everyone thought he was going to get fired for what he's doing because it's so bold and there's been even articles about like the push back that he's got on like hey maybe are you taking like are you too too aggressive on some of these positions but he's fought the War internally and he's it
seems like he's won which is amazing because fundamentally like all these intra all these intra VC rivalries like I don't care about as much as what the VCS are doing Building Technology For America versus our enemies yeah abroad yeah the other thing you have to imagine Shawn has a bit of Leverage given his close relationship with Elon who creating the new deep state right yeah exactly so yeah and then and then you go
back I mean like I love some of the founders funds you know Legacy Investments the story of banteer the the early Zuck deal pretty much crushed your champagne nice work yeah uh like the early Zuck deal is legendary Airbnb and strip but like seoa is just in a different tier when it comes to the Legacy stuff like Nvidia Google is isn't it four out of the five trillion dollar companies are covered by
the Holy Trinity everything did maybe they did they do Facebook Apple Nvidia and they didn't do Microsoft but yeah but because Microsoft didn't really raise but uh but yeah apple Nvidia uh Google and then Kleiner you go back even further and you have an whole other tier of like amazing Legacy and you know it's almost like a vason it's exactly like Vashon it's like un underrated now but has like an incredible historical Legacy and of
course there's like the the talent Wars of the Holy Trinity that people talk about a lot right now where you know Everett Randall moves over to to uh Kleiner he brings Larie brasswell from Founders fund Keith goes to kosa Kei goes to kosla there's a lot of like you know trade deals going on right now um but uh I I I remain extremely bullish on Sean and extremely bullish on EV I I think EV is uh just we're bullish on
risk right exactly anybody that's taking risk we're excited for you yeah we're happy for you and so and so to answer the question of like where you fit in you need to understand like okay what is your strategy and how how much are you want to push things culturally how many systems do you want in place how entrepreneurial is your deal making process and I think that's kind of you you go into a a ciner there's going to
be a larger staff there's going to be more infrastructure be and some people are going to flourish in that environment it is harder to break into the Holy Trinity than the NBA yep hands down y right just just statistically statistically yeah yeah so good luck out there start networking and start sending some of those firms good deals because you know sending us deals yeah send us deals and uh happy to make a warm intro yeah we'll
make some intros um let's uh go to another DM we got this is hilarious when I first read it uh I'm going to keep it Anonymous but someone uh dm'd me and said where does Founders fund keep its cash between Investments and I love this I love this because it sounds like they're going to do a bank heist and they're going to try and steal the money that Founders fund has um but it also is a very legitimate
question in that I don't think a lot of people know obviously our most of our listeners know but um a lot of people don't know where VC firms actually do keep the the cash and just the mechanics of raising a fund when you raise a billion dollar fund that doesn't sit in your bank account that's just commitments from LPS and then you make Capital calls on a per investment basis so the money might or or more like
programmatically quarterly yeah exactly so like you're you're not necessarily just sitting on a billion dollars in some money market fund it's sitting with your LPS and when you want to make an investment you call the capital it moves through your account very quickly and you only have a few days there and then there are also credit lines that allow you pull things forward if you're off by a
few days yeah and the reason so the reason that that that that is important is it is it increases the performance of the fund right so if you call the billion dollars if you have a billion dollar fund you call that capital on day one uh but then you deploy it over four to five years that's money that's just like sitting there not really generating return for your LPS yeah and so they would rather spread out those calls over
time and be able to keep the that that capital in uh actively in the market in other Investments or you know uh bonds or or whatever exactly and this was a big thing during like the the SBB crisis a lot of firms were you know they did have some money tied up but it wasn't exactly a situation where the VCS were going to lose like all their money because most of the most of the funds that have been raised are invested just
in liquid assets because the LPS have have fun M we should do a um at some point we should do a a look back at the svb crisis because I'm happy to provide my point of view of running a new bank at the time I was inside found of the time and we were getting accused of like causing it it was the most insane thing and our buddy who we mentioned before BN Hobart was the one who like deep Dove svb early and broke the story
essentially that like their balance sheet was messed up uh so yeah we should do a whole thing I I've touched on it before in content but uh we could easily do an hour on that but now let's go to brother of the week each week we try and honor one technology brother who exemplifies what it means to Drive Innovation forward to allocate Capital eff efficiently to live the lifestyle to enjoy luxury goods to be a capitalist
and a consumerist to be materialist yeah um and uh loud and proud opulence right loud and proud opulence and so this week was tough they were they were it was a really tight race yeah very tight yeah there were a lot of really solid candidates and this candidate kind of A Cut Above Cut Above uh and we'll start by saying that he is in the exclusive uh club which is residents of the Venetian Isles in Miami um
and this name might be new to some but I don't think it will be new to many somebody who has inspired a generation of investors and operators he is a historian in his own right and also a capitalist right he's somebody that has made a living and a very good one at that um sort of telling these stories of the History's Greatest entrepreneurs handful of investors here and there um and he's somebody who less than three
weeks ago uh we met with in Miami and uh we talked to him about the podcast at the time we were recording one day a week and he said uh you guys uh are not taking this seriously enough uh you need to uh go home to California go to your studio and lock in uh and we certainly have done that otherwise we wouldn't be opening a bottle of champagne today selling uh celebrating you know a a very large number entering the four figure
club uh on X yeah uh and being not only the most profitable podcast on Earth but the fastest growing so uh today's uh brother of the week this week's brother of the week uh David S David senra himself so congratulations David uh you will be receiving your brother of the week plaque plaque uh in the mail soon um and we just wanted to highlight one uh d one particularly great David senra post uh he writes Henry Ford and
meetings and uh it's a screenshot from some of his notes he said Ford didn't like meetings at all sometimes in the middle or at the beginning of one he'd spring up as if he had to go to the bathroom or Mumble that he'd forgotten to check on something always giving the oppression that he'd be right right back he never came back there you go so in many ways you have to imagine that chesky in his recent TI raade against
meetings was inspired by uh Henry Ford and he probably is a Founders podcast listener um so thank you to David for the encouragement and exemplifying what it means to be a technology brother thank you David uh let's move on to the timeline and we will start with Lulu mury one of my good friends uh she writes it's incredible that there's a ramp Love Fest on here every few weeks imagine how cracked the team has to be
to organically build a fandom for a B2B SAS Finance product and it's a screenshot of of someone quote tweeting a question about should they go with ramp or someone else and they say ramp by a 100x margin and uh yeah it it is it is incredible but it's a testament I I it's interesting because it's like the the ramp fandom is it's deliberate but I don't believe it's ever been in a I don't think they ever wrote we need to
build it's more just like the founders and the people that they associate with the network is really great and it includes David senra it includes Patrick oasi and so Lulu includes Lulu yeah exactly in Miami yeah so if you're if you're you know you're following Lulu and you're like I [ __ ] with her I like the stuff that she's putting out like who else is she [ __ ] with yeah and it's ramp it's cognition it's andal and so
you're like I'm in here's the thing cool so a lot of people think to have a great brand you need to spend a lot of money on a branding agency and uh you know we spent you know multiple six figures on on our you know technology Brothers branding which is still you know rolling out uh not that you need to do that but we felt it was important and more podcasts should do it um but here's the
thing a great brand is not the font that you choose it's not your logo Mark it's not how pretty your website is or how many PE times people copy your website uh or how many times people copy your choice of color a great brand is how uh is what it stands for and how it makes people feel and something that people want to be associated with so in the case of ramp ramp stands for operational excellence right and they came up in a
time they C they they came onto the scene during the Zer era and so their position of actually we're going to help you save money was very contrarian at the time everyone else was spend it you know spend uh spend spend spend check out all the rewards you can get they were saying no we're actually going to give that money back to you and we're going to help you spend less on your cards even though that's not directly
beneficial to us yep at the same time they have built a uh uh is it a decorn yet is it close there something close will be soon uh they've done that in you know fiveyear uh time Horizon which pretty much only Donald Trump has done in the last uh in the last five years so uh not only do they stand for operational excellence and help companies achieve that but they have done that themselves and they've set
that example right and so they've created this halo effect around the brand that uh other companies want to be associated with so now if you're a if you just Incorporated your company on stripe Atlas and you want to make a statement to your team about what your company stands for you're going to use ramp right um it's how we're able to achieve our ridiculous profitability even at a small scale yeah there's also
something interesting about them kind of building almost like a non seitter brand around the engineering Excellence of the organization like most people would be like I don't even know if I need IMO gold medalists or II gold medalists to write my B2B software like I'm good with like mid-tier programmers most of the time they don't know that that's what they want and they want like the real polish in their software and they want
the software to be an expression of like almost art um yeah and here's but but but but it's really stuck out and the last company I know that did that was Google do you have you heard about Jeff Dean you know this guy no he's like he leads their AI but he was like the most insane programmer during Google's rise and there's like these Arcane websites out there of Jeff Dean jokes and they're basically like Chuck Norris jokes and
it's like Jeff Dean's keyboard only has two keys one and zero cuz he like programs in binary or like you know and then there's like 20 more jokes and like you really need to understand computer science to get the joke uh but they like Jeff Dean was just this like insane phenomenon and and it really like set the culture at Google and you could almost say the same thing like you know people like you know do you need you
know you know gold medalists to write B2B SAS software well do you need Jeff Dean to write search and AD software like yes yes you do actually because there's a big opportunity and it's really important so like get the best yeah I had uh having the opportunity to go to to dinner with Lulu uh Eric and Kareem from ramp and and uh uh in in Miami a few weeks ago and they invited one of their uh Engineers who actually
was moving over to marketing so one interesting thing about ramp's organization is it's so engineering Le yeah that ramp's CTO Kareem actually runs marketing and they oftentimes are focused on recruiting Engineers to their marketing team because they want to take an engineering approach and I can't comment on some of the things that they're doing in order to drive uh customer acquisition using that method
uh but they're A Step Above any other team right they didn't go recruit out of some big New York uh City like marketing agency right they're like uh engineering culture through and through so uh let's go to Josh Kaplan he uh is posting a deep dive on the gundo from The Blaze called hard text Main Street uh it says Augustus dco on the gundo practice of office checks if you're not in the office at 12:04 a.m. chugging white
monsters and popping zins you deserve to get your funding cut and this is this is interesting uh because great picture yeah I mean fantastic picture but I've always said that it's underrated that the gundo guys beat the allegations of being too Twitter brained and too addicted to posting and they very very elegantly switched from just constantly posting and needing to do all the work themselves to get attention in media to
the media comes to them now and they just down and I bet this got like a ton of reach it's very valuable very important for SEO and it was probably like you know a onh hour lunch and they took some photos and Augustus it's very high leverage exactly it's way it's way easier in credit to them they're some of the best posters of the generation but they didn't get too it like they less the a people the accelerist they less
averaging Y and and I think that's good because they they're actually able to go and build something real and and take time for the important things and then they can still po pop up and post but it's very much like you know shower thoughts like it's really like slack time they're not sitting there being like let me write segment for austa shower thoughts when he's when his drones are flying over
down he has a second to yeah yeah yeah I mean that's basically uh yeah I mean like like obviously they need to um on that note need to maintain attention a promoted post quickly uh we wanted to shout out that Augustus is at rain maker uh who was featured in that article is hiring hiring hiring need more Engineers please sir my tech development timelines are starving so uh if you are an engineer uh feel free to Ping Augustus directly
apply for a job or DM us and we're happy to give you you our opinion on company and uh working with Augustus as he's a friend of the Pod so uh great great opportunity for the right Engineers out there and uh make haste yeah I think it's uh Rainmaker docomo make.com maker.com there you go if you want to learn more uh we highly recommend it I've made a whole video about the gundo there's a great Jason
Carman video about rain maker plenty of ways to learn more and find out if a job at rain maker is right for you uh let's go to Blake Robbins uh good great investor just great guy all around uh he says the inevitable AI side hustle is to flood Tik Tock reels and shorts with AI edited Subway Surfer video plus top Reddit posts plus text to speech is that inevitable or is that like already happening it's already I think it's
already I think it's already happening so Blake is a good example A lot of people go say oh touch grass get offline go walk in the park Blake's like no I'm going to stay more online yeah I'm going to take uh pitches while he's the investor I I was pitching while talking while playing video games with him it it was amazing and I I was asking him if he's an example of in our very online world I would uh anybody that tells you
to get offline uh is maybe uh doesn't have your best interest at heart because Blake is a fantastic investor and found some great companies over the years very early um but uh but yeah we we've seen this a lot of people are saying uh you know you can make $10,000 a month making some AI influencers not sure about that but the clipping strategy is very established as a way to uh you know at least generate a lot of attention and
you don't need to be uh particularly an expert in anything yourself to get great at clipping yeah and when we get into more of the uh the the VC trade deals the the the you know who who's who's working where who's moving from one firm to the other we got to analyze Blake because he was at Benchmark they let him go start another fun Detroit fund for a while yeah yeah um you know he's moved
around a bunch tons to analyze there would have been a top draft pick for me if I was running one of the major Venture FMS but uh Holy Trinity you know we'll see we'll see how he ends up I like that he has his own fun though he's he master of his own destiny now y uh Santiago says uh wait did you just say Dutch East India Company dude they were the OG Venture capitalists VCS today are soft herd animals these dudes were
hardcore they'd be like there's an island that produces something we want and if we get it we'll 30,000 x our investment and it's I guess that's him yeah with the OV ocv which is the the Dutch East India trading company logo on Rogan which is funny the slov right yeah with yeah Aaron was talking about you know cornering the nutmeg Market but um yeah it's funny to think about the Dutch East India Company to looking at you
know a venture capitalist today is typically pretty happy with a 100x 200x that's kind of the range where you start to go okay this was a good bet uh and you know they probably looked at something like that being like man with the risk that we're taking on like I need at least lower like a lot of the growth Equity Funds are just like 20% irr deals no zeros yeah like imagine like it's a good strategy like it's worked it's
smart it's rational but private Equity mod it doesn't feel like yeah it's private Equity it doesn't feel like Venture Venture means to needs to be there's a 90% there's a 5% chance this is a trillion dollar company 90% chance it goes to zero 5% chance the founder goes to jail and I'm disgraced and I never work again here's A's a company that that practices uh friend of the Pod uh Justin Mars uh and Lee the the team over at
long journey they practice true venture today where they will back a uh founder who's still working in some University on some like crazy project or poster that's like the most absurd thing you've ever heard uh and they take you know they're they're they're they're making these bets where they'll invest very small six figure checks at very reasonable valuations given the risk profile and uh I'm extremely bullish on
the strategy it makes me feel like an idiot for entering companies at 15 posts or 20 posts uh I mean I was talking to Lee the other today he he was the first investor in cruso yeah like fantastic company like crushing and also they I was talking to C about something they they invested in a diamond company yeah like where is that on any Market map but but they were like yeah we you want to be investing off Market Maps yeah yeah
yeah off Market maps for sure I think the the thesis was like well like lab grown diamonds are going to get cheaper people will eventually switch over but now it's like oh actually diamonds are important to like chip Fabrication in some weird way I texted a I texted a market map to my friend Amar the other day and he goes damn that market map looks like the menu at a TGI Friday and I was like that is a good
example of like if the market map looks like a TGI Friday's menu probably it's pass don't don't make your first bet stay away because the game is well stay tuned for the technology Brothers Market map we will be mapping out uh every poster that we mention on the show and we're very excited excited to drop our first Market map uh let's go to Ken he says by 2026 they were there will be two jobs HVAC technician and YC founder
everything else will be done by computers and the HVAC technicians will have higher average annualized revenue so here's the thing I I had uh there's a guy a guy I use for like random like handyman stuff around the house uh and I were talking the other day he's helping me with something and he was like dude I've been taking these like engineering classes I've been like learning to build websites
and uh I I I I I didn't try to dissuade him from doing that because I think it's like you should know how to build a website you should know how to make a an application right like these sort of things are like basic skills like replacing a you know uh you know Screw in your house almost right uh you should know how to like paint a fence maybe something like that um but I told him I was like look every single person out of
the last 400 people that I've texted could make a website today and ship it like a tiny fraction of those people like know how to uh properly like clean a gutter and maintain the gutter in a home right and even smaller fraction are going to know how to like you know service an HVAC unit so I told them I was like look you're already very skilled in these areas and if you really productize what you're doing and get smart about
building a team and marketing I guarantee you that you already have have momentum in this area like you're going to be making more money than the average web developer in uh in three years yeah it's like taste and like Arcane knowledge that doesn't exist on the Internet is like what's valuable like yeah I've seen what I'm what I'm seeing in the creative market right now is the truly truly talented creatives that uh
that have incredible impeccable tastes and execution and have built great teams around them are are busier than ever yep uh then the the bottom half of the market like the historical web developer like I'm going to make 200k a year developing maintaining a website like almost like blown out like non-existent like not a not a great uh career path anymore not going to be an credit investor for very long yeah yeah exactly
if you want to be a credit investor do not become a uh website commoditized web developer maintainer let's go to Trey Stevens one of my colleagues at Founders fund says what do we want an andril merch store when do we want it now and he is uh commemorating the launch of the andril merch store very cool CGI render they're going to be dropping something I don't think they've actually talked about what
they are dropping but I I've heard it's a very unique and cool plan we'll have to do a live open yeah we'll have to unboxing I'll get here here's the thing the most hyped merch drops on on on X right now are andal and pal but the issue is they both stand for very similar things right there's not a lot of like conflict it's hard to really pick a side we need we need a third uh player to come in the mix so that people
can kind of like you know there needs to be conflict otherwise there's no opportunity and I mean I I just imagine when I see a lot of Ander roll and paler gear it's a lot of t-shirts it's a lot of sweatshirts it says quiet luxury it says hey I might have written a seed check in this company now it's worth hundred billion dollar yeah I'm wealthy but that's not the future the future is loud opulence loud opulence need to be
screaming yeah so I think there's an opportunity for a defense Tech you know firm to come out that's maybe competing with these guys and say we're going loud we support Kipping pull-ups we support you know paler has been very clear they do not want you drinking or Kipping pull-ups while wearing their merch exactly and so that creates an opportunity for a maybe Pro CrossFit Pro drinking defense they said
no drinking in the game oh this be a huge problem for us no more than no more than two drinks no more than two drinks okay I wonder get like a d paring uh exception I think that I think that's essential no more than five bottles of uh I mean we're you g to finish this bottle the day no problem come on let's go uh Matt Turk says business trip to Europe 6:30 a.m. wakeup check phone except cookies to 900 a.m. I already see
where this is going I hav read this one uh 9:00 a.m. meeting use laptop except more cookies 12:00 p.m. taxi to lunch accept cookies yes 400 p.m. new check news accept cookies 11:00 p.m. Netflix but first cookies 1 a.m. restroom accept cookies this is a joke but somebody ran the numbers and they said something like Europeans will spend billions of hours accepting cookies it's insan it's just like a constant on it's so insane that
there's no like opt out this is like the worst thing like Europe's going known for being know known for great pastries to being known for even Apple's doing this where it's say like every single app I have to say allow app to track or accept or deny like and you always do because you want to support advertisement I literally do because I'd rather have targeted advertisements than non-targeted advertisements like I want
to see an ad for a PCH phip I don't want to see an ad for you know some H blow like they they should know me by now yeah exactly so uh yeah very disappointing Europe I I really hope we can push back back against this in the United States because obviously I I never go to Europe I don't travel for Apple it was a brand thing they realized that they had an opportunity to be the Privacy big Focus big tech company even
though they even though they yeah yeah even though they know every single thing about us already and it doesn't matter big Tech feels like being a user of big Tech products like when you're using Facebook or when you're using an iPhone it feels like you have divorced parents and it feels like apple is actively F in in a fight with meta and it's like I'm trying to use I'm trying to log in my
sunglasses together like I'll drop kids off exactly Pi them and then they kind of bicker at each other like oh oh oh you want to use these metag glasses like well do you want to are you sure you want to accept the terms do you want to do this you said you were going to pack lunch for the kids when I picked them up they said that they didn't have any lunch exact it's so it's so frustrating and uh yeah I'm getting close to burn it
all to the ground but uh we'll let them keep going um the the Apple company is not happy with me but I'll keep using that [ __ ] let's go to Ashley Vance he says my exclusive today is the big on the biggest investor in brain and Longevity science that you've never heard of James fickle turned a crypto Fortune into a research Empire I love this we need better Elites this is an example of better Elites he is he sungazing right
now I think he is he looks like it Bas Bas yeah there you go iung Gaye before the podcast yeah I I I I try and like tease it in I try and go for a run outside I don't I don't raw dog it like some people that we know I try and run outside and catch some rays in the in the early morning uh I mean if you can get to the gym or to the whatever you're doing in the run and like the sun's coming up nothing's more inspiring than
that it's fantastic but yeah I don't know uh longevity and and brain need more crazy Mone uh I think a great journalist she writes some great pieces and and I think that uh she is hey hey hey easy easy I'm just saying certain journalists you know are friends of the Pod adjacent adjacently friendly and others are um you know less friendly but um no I think Bloomberg has been making moves credit to them right they
got Kate Clark yep last week they've got Ashley Emily Chang Emily CH big big momentum over a lot of people yeah it's great shout out to the journos let's go to Nick malinovic he says DG expectations are creating a lot of upward movement for public fintex so I brought Nick up on the show before uh talking about how his strategy it's very dangerous as a VC to just pick a single category and just make that your entire
uh make that your entire identity and focus uh and Nick's strategy to date has been to have smaller funds and make sure that he's actually generating real carry yep uh phenomenal uh phenomenal investor I think he's he's had a community and a media platform forever and really has done uh yeah good job of making sure that I think anybody that is building in fintech that's um worth backing probably
aware of him at this point um and he kind of as much as there was a crypto be Market there was also a huge fch Market in the public markets for sure at Dave dave.com less than Book value 40% yeah a bunch of others um so uh wait is this the last seven days oh my God like I'm looking at this and it's like sezzle up 103% and I think it's the last seven days like I'm not sure but like that's CRA maybe Nick should open a a
Publix yeah start a hedge fund man yeah but yeah I mean I know I know a decent amount of these companies but there there's a ton on here it's uh yeah it's good to be back it's good to be back good to be back Matt freed writes I don't know I feel like weo can solve most of their problems by adding just one additional seat so's counteracting turet onp you remember we've talked about the bird how bird really suffered
in LA because it became the new hot thing to to throw a bird off of a 10 story we've seos uh get into situations where're alone in a street and maybe ACH of people decide to start doing donuts around the weo and maybe jumping on it lighting it on fire um so anyways I think I think weo would be smart to I would look at potentially partnering with anderol and getting some of their fpv drones that just sort of like follow
the wh protect it block safety works but I want like something kinetic right like you need you need that kinetic potential didn't they someone drone company but it do non-tic non-kinetic so no weo needs uh you know suicide drones trailing it and there needs to be laws to protect AI right because I think humans are a bigger threat to AI right at this moment than AI is a threat to humans so to make sure we don't piss the AI off too much
we should allow AI rights yeah self-defense is a is a important uh principle yeah I mean everything about this the decision to start in San Francisco just feels better and better because it's like an extremely chaotic City where I mean they they obviously did the the pilot in Arizona which was like a super safe like super wide open streets like always like dry no Hills and then once they got that going they
went straight to the hardest mode like level 1,000 going into San Francisco like crazy streets tons of pedestrians like shoddy streets like all sorts of weather fog and also people that will vandalize you so if they can solve that it's going to be Breeze to go to Chicago La here's here's going to be the big unlock for weo so when weo instead of doing Uber black because all weo cars are like clean and fairly spacious and
it's nice inside so maybe black doesn't matter but they should have a wayo Turbo S functionality right call a uh 992 turbos s and just say like hey look uh Drive however you want but just try to keep it 15 over the speed limit which is maybe like where police aren't going to bother you but just stay under that and uh let me really enjoy the car I'm in it right so weo please roll out turbos s's
we will pilot them around Los Angeles yeah this is correct uh Elon says use grock for answers that are based on up-to-date info Chachi PT has no idea on on whom Donald Trump has assigned new responsibility of enforcing our borders grock is Real Time chat GPT is outdated interesting I mean there is something great about grock being you know integrated with the the timeline I love that but uh I Haven I actually haven't
used it that much much it's not I've used it for a couple like generative images because I feel like it's a lot less restrained there so if you want to do something fun for like a kid and you want to do like oh it's gonna be Mickey Mouse and PAW Patrol together boom boom go to Gro yeah I think I haven't been going for just like the the the news the the default llm it's not in my home Row in that that way yeah I think we should
go on record and say that we we support AI we we are excited about all the foundation models um and uh but we are excited about ways that these Foundation models can differentiate right and this is one of them y uh not only is xai have sort of an interesting distribution hack yep uh through X but uh they uh certainly have found ways to resonate with a broader audience outside of the college students that are using chat GPT
to to solve their homework problem or write an essay for them yeah it's great so got to mix that in more I use perplexity I use chat GPT Claude every once in a while I kind of go back and forth on it I kind of subscribe subscribe because every once in a while you see the meme of like oh claude's doing really well like the responses are really good and it has been good but the UI honestly is is great for me so I back
off but I think if you're programming Claude has been has become like the default integration for cursor so yeah I I I think you know we could be seeing some bifurcation some some specialization well let's go to the other AI founder Sam man says more generally I am feeling good about a bright future for cryptocurrency Here We Go risk on risk on yeah it I mean this is one of the interesting things like you know there a
lot of the AI people have been very very bearish on crypto because they see it as this like RI Zero Sum rivalry like either the VCS are in AI or crypto they're going back and forth and that's somewhat true same thing with Talent like developing for crypto is hard developing for AI is hard so you need the best you you need the best talent you want to be sucked away by some person that's like oh I'm making I'm
getting so rich working at a crypto company but it's good that he has this perspective at the top end of saying this isn't Zero Sum we actually probably need both especially as we go to like you know more Global Payments the stable coins the prediction markets the speculation the digital gold yeah I think part of it is there's real competition in the capital markets for there there's there's sometimes the capital feels infinite which is an
incredible feeling but more often than not these bigger allocators are looking at you know all right we should be deploying into crypto this year we should be deploying into AI this year and and uh both Industries in a perfect world would want to take all of that right and so um but we we've talked about this before with Sam uh one of the re I honestly haven't followed worldcoin closely enough it does feel like they're
building some pretty crazy momentum from like a talent stand super bullish on worldcoin from day one just because Sam's involved yeah and you said like Sam just makes makes money yes period so um let's go to the case for crypto currently or maybe just some cautious optimism from Robert Lesner he says a cheat sheet of things that could blow up at 200k BTC crazy volatility spot exchanges missing missing coins I I
think that's like maybe like a Robin Hood thing is that what spot exchange missing coins mean like if you're trading like essentially synthetic Bitcoin and you don't actually necessarily own the under the underlying asset derivative exchanging exchanges miners that overwrote call options defi borrowing markets hedge funds High leverage Traders including you plan accordingly funny it's all the lessons
from the last bubble basically I uh I I first heard that as miners as like people under the I mean so many literal miners were huge in crypto especially nfts especially in the icos like lots of young kids can you imagine the nft boom during like if you were in middle school and you had like and you had like a crypto wallet yeah yeah and you get like 100 bucks and you yeah but the thing that's interesting
about here is people always think about like like systemic risk in crypto as being prices dropping a ton but the meteoric rise and I think this is a great call out can and um I think I've I've talked to Robert like one time years ago um but like very early and right with crypto um but uh but yeah people aren't sort of prepared for the systemic risk that comes from just the market crap of crypto potentially doubling in the next next few months
right do we have any more promoted posts today good question actually uh on the note of uh cryto uh we have a promoted post from Black Rock uh Black Rock says our chairman and CEO Larry fin highlights in a recent Wall Street Journal oped which we love y that the most realistic path to reducing America's debt burden is through growth he discusses the opportunity for us Capital markets to drive growth by
building hash infrastructure particularly in data centers and # AI technology Larry says any realistic path out of debt has to rely mainly on growth we need to increase the size of our economy so that what we owe becomes smaller relative to what we make so incredible uh we we should consider printing this out and just kind of putting it on the wall because it's worth coming back to but um he this is this is fascinating I heard this
interesting take from Ben Thompson that um that if you're if you're a government and you're in debt there are two ways out of it one is to kind of un stagnate yourself and and bring about economic growth which is what Larry is arguing for which I strongly support it's a very hard problem there's a piece of deregulation there's a piece of innovation there's a whole bunch of things that need to go right to actually
get GDP above 2% to like the 3 four 5% range that would be real we talked about this on the podcast going from 2% annual GDP growth to 4% would solve like pretty much all our problems so yeah but the other but the other way governments are tempted to solve a debt crisis is always inflation yeah but democracy has this like builtin kind of Escape valve for inflation because inflation hurts the average voter the average consumer so
much because even though right now like inflation has declined that's the rate of inflation the prices didn't go back to before the inflation look at the tech yeah and so a lot of people are still hurting even though yeah the prices aren't going up anymore they're they're still high relative to what people perceive you know a banana should cost or gallon of gasoline should cost and so there's a lot of pressure and most of
the US elections are like referendums on the economy referendums on the right track wrong track how is the country doing and so there's this hopefully over time there's this forcing function to like do not inflate the debt away instead let's focus on growth let's focus on and and going back to the Trump pump the sort of virtuous cycle of saying let's get government spending control let's spend more efficiently
let's spend in the right places let's accelerate and let's let's focus on growing the economy which I think is a core tenance of uh the new Administration regardless of your political beliefs yeah let's go to Buco Capital bloke he says private company SAS employees hearing that the IPO window is closed with markets at all-time highs Dogecoin mooning and carvana up 800% year to date and it's a
picture of Shane Gillis from a great sketch with a gun in his mouth this guy's very sharp on uh SAS Broadley I don't I have no idea where he works or whatever but he's clearly uh an Insider within that world and I think what he's actually speaking to is all of the if you're in the top 20% private companies right now every single one of those companies is looking at we are going to go public within the next two years time
like the IP window is open window no here's the issue though there's thousands of other private unicorns backed that that are no that just don't have the traction or momentum and so he's talking about these employees that are maybe at the number 49 oh yeah uh unicorn SAS company who's like yeah we have 30 million of AR but we're only growing 40% a year and yes the IPO window is closed for you right just
because you shouldn't probably go public that makes sense I I I just think like generally they shouldn't be hearing the IPO window is closed in that scenario they should be hearing the IPO window is about to open up in a big way we we aren't good enough we need to double down we need to grind we need to yeah we need to get into gear because this is the opportunity if they want to go or I think you know some of those companies
maybe they maybe they you know end up merging with others and creating enough revenue and and let's go to Adam singer with a related post uh he says Dogecoin is up 170% in the last month and it's a picture of someone throwing the intelligent investor by Benjamin Graham in the trash that photo I feel like is is very Lindy over the last few years almost every single year you could use it in some capacity almost every single
day or month I had a friend who B bought Dogecoin Dogecoin right before the election Dogecoin Dogecoin I wonder if it's related to like literally like the Doge the department of government Nam industry or I think it ends up I mean it it Doge obviously has always traded uh to some degree based on elon's attention towards it right it's hilarious because the founder like completely distan himself from this you know the history
of Doge no so the the founder of Dogecoin created it as a as a joke because he was anti- cryptocurrency and all cryptocur fraud he created thebest dbest possible token Dogecoin based on stupid he effectively kicked off mem coins mcoins it's the first mem coin yeah he's the reason that pumped up fun has done like 200 million of of n he created an entire industry and he sold all his doge and he's been very against
it and he's put out these like long post saying that like this is everything wrong tears with $100 bill $100 bills I think he sold too early I don't know maybe still has some did you hear did you hear about the um the the best trade of the last week was a Trader that turned $17 into about 3 million with peanut peanut i' never heard I've never heard but I heard about so and that made me think memecoins are the new American
Lottery yep for the terminally online right and anybody like just that one trade will probably inspire a billion dollars of new investment into meme coins totally right so I mean I remember during the last Dogecoin pump there was this guy who was like the Dogecoin millionaire and he was doing podcasts about how he put his life savings in Dogecoin ran it up to a couple million it completely tanked he
had like 10K was broke and then he was like I'm not selling I'm not selling so I hope he didn't sell any hope he's back up because you know we'd love to see that I want to put the word out that we're back up let's go to uh siki Chen blader is that how you pronounce it we'll see um next year feels like it will be the best year in the history in history to be in back as a Founder employer employee investor anything you
got 1K likes it has that Vibe right buildin winter never felt so real and so good I love SE I've actually never met him in person but just inter online interact uh runs Runway he started that company I think he ear yeah he started um G to blank on the the name of it but it's the IRL vrr VR or something no not playground um yeah I forget what it is Ben what's the name of the VR company that started yeah but they had a really tough
time in because it was in person VR experiences but now he's got this amazing company called Runway that uh yeah Gary invested in and denon's in it um an Nish my friend over there I think did Led one of their rounds um but uh siki's uh always been uh just extremely I would say like Tech positive he's obviously um and uh his company Runway is doing something really interesting they're they're basically
applying um some of the same like kind of mechanics that you have in figma to pnls and pro foras and helping everybody at a company better understand uh the numbers in their business yep uh do we have another uh promoted post yep uh this promoted post is from cardier uh they say in steel rose gold or pave with diamonds the tank American celebrates the Casual Chic Spirit of a continent on American time # cardier tank so anyways
uh if you are a technology brother and looking for a nice gift uh for significant other the cardia tank is a great option fantas certainly an investment but it's something that has stood the test of time and are you familiar with the history of the cardier tank I don't know the tank I know the Santos oh yeah no the tank is like fabulous so yeah but but it was worn by Jackie Kennedy it was worn by Muhammad
Ali and uh warhall and so it's this interesting blend where it's it is is seen in some ways as like a feminine watch but it's been worn by arguably like the most masculine guy in history Muhammad Ali and also this like interesting artist in Andy Warhol and so it's cut across it's cut across all of the cultural barriers in a really fascinating way and it's just a really striking design it's beautiful the T
Maran is uh is a little bit more rectangular a little bit more reang is um but uh but it's a fantastic watch and uh and I highly recommend it to anyone who's in the market well and and thanks to cardier um let's go to uh Mary garate uh at she says uh Genius Bar employees asked me what I do for work and I didn't lie we're so back what does she do so Mary has a crypto protocol uh I invested I rough yeah they uh her and her
co-founder Luke have just uh weathered the absolute storm focused on fundamentals and actually Building Products that that uh their users Love U they've iterated multiple times they've stayed focused um I I love the team over there they didn't list to Jason calanis who told them pivot to AI yeah they had a lot of people like Jay Cal telling them pivot to AI pivot to AI pivot to defense Tech refused uh anyways
brilliant team and uh I'm happy to see that Mary's no longer embarrassed to say what she does for living because she is a phenomenal founder and uh cheers to Mary cheers to Mary potential future brother of the week yep let's go to Zach the founder of bridge sold this company to stripe recently he says in the last week I've heard that a dozen developers building with Bridge are raising rounds SL have term sheets makes me so
incredibly happy we're entirely focused on empowering these Builders supporting their success is all that matters so it's funny when when Bridge got acquired for 1.1 billion about a month ago uh everybody was just like oh stable coins Bridge stripe that makes sense y I don't think it was talked about enough that stripe likely made that acquisition because they saw that the brightest most exciting companies building in stable
coins were using Bridge which was exactly what what stripe built their entire business on was making sure all the best new Founders in the Bay Area were us stripe so uh anyways people that felt like that was a crazy price to pay or they were like they only have 15 million of Revenue or they're paying this crazy multiple on Revenue to acquire the business uh stripe was basically I imagine making a venture
style bet into a company that they saw themselves in so excited to see uh what comes out of uh developers building on bridge and and congrats to Zach again yep uh Reggie James says the cost for lack of vision a crowded Market yep underrated tweet 63 likes deserve 6K low Tam Banger Banger uh really good point really good point this is the market map thing if it's on the market map you don't have the vision here here's an
example so worldcoin yep clearly has Vision it's had a lot of critics over the years oh why do you have this orb why are you scanbody literally Vision yeah yeah they're scanning eyeballs like all over the world and in one of the world's most competitive Industries where people will switch between products very rapidly you know they'll cycle through multiple protocols in the same day Crossing across different l2s
to l1s to l3s not caring they've carved out a lane and have a vision and you could maybe argue that they don't have competition in what they're doing um so uh you know Reggie is very unique entrepreneur and uh I think historically has always tried to do the same right like have that uh unique point of view and focus yeah he also just always focuses on like taste and design and like these interesting things that
always get forgotten by the core Silicon Valley folks the YC crowd yeah well it's not just the YC crowd it's like you you can dismiss design and taste if you're just a developer and you only care about like what is the programmatic truth what is the mathematical proof of this thing and and maybe design takes a backseat to that or if you're just the business guy and you're just like whatever makes
money maybe this taste thing or having good design or having a strong opinion or a vision that doesn't make sense this quarter but Reggie has always been good about like looking further into the future and I think that calls back to like an earlier era of Silicon Valley which I really respect let's go to Gabby Goldberg she says the hawk Tu a girl ships faster than most of us on this app and it's a quote tweet of TechCrunch
saying the hawk Tua girl launches Pooky tool an AI power dating advice app and it's fine yeah and I love this you you had a good take about this because there's been a lot of doubt in AI recently yeah my thing I was I was happy to see she wasn't discouraged by the recent potentially scaling sort of wall there's a lot of fear in AI she's not she's just shipping she's building that's what everybody should basically
be doing you can't be afraid you just got to ship and here's and there's a lot of hate on rappers right now there's a lot oh you shouldn't build a chat GPT rapper well what does she have she has a cornered resource in her audience just got attention where yes who knows if this is that much better than just asking vanilla cha gbt but if she can drive people to this app she can M that she's effectively acting as like an
affiliate of open a and sure it's not going to be a trillion dollar company it's not going to disrupt open AI but it's going to create a lot of value and that's here's a potential thing with the internet so historically people would have their 15 minutes of fame right Hawk to a girl you know her website no 16 minutes.com minutes that's great fantastic as soon saw she been she's she's she's smart she clearly has a
smart team around her actually know does her podcast with Joey Joey from know um better but um but look historically you'd have your 15 minutes of fame and then the traditional media would move on you were no longer you would have captured any of that audience you couldn't capture anything in that moment she has millions get 15 minutes of f get your 5 million followers however many it is and then continue to monetize that
and ship against it and iterate and so I think that's underrated more people should be trying to get their 15 minutes of fame because it can actually convert into a very very uh meaningful career for her I'm sure she's having the time of her life so yeah it seems great so classic American story of making a sex joke or having some sex related video and then turning it into a career like the Kardashians yep fantastic uh let's
go to Chrisman Frank he says some are calling Elon the George Soros of the right that's not really accurate he's more like 44 George soros's of the right because Elon Musk has $320 billion and George Soros has seven here's the thing wow okay put on the tinfoil hat we're in we're in the conspiracy Zone conspiracy the scientists are out of the room it's bro scientists now yep let's hear it experts take a step back take a step
back so here's the thing I'm fully in favor of this I like that we're rebuilding the Deep State we're making the Deep State great again great that said I do have to imagine that George Soros who has uh done some of the most heinous uh political acts in the history of the country is the kind of billionaire that would want his uh sort of net worth to be under uh like underprojected right okay the real
billionaire class is saying I don't want to be on the Forbes list uh if I have to be put me down at this much I don't want people to know that I have 200 billion dollar like I'd rather people just think that I'm like you know a broy beaire with you know7 billion right like he at a certain point once you're a billionaire like any sort of adding numbers to it doesn't do much you're a beaire and is hard to clock because it's
all in this fund and stuff it's not like with Elon it's very easy to just say okay he owns 20% of this big company to imagine he's very Pro taxation just across the board you have to imagine that he uh does some creative things with his um accounts including uh offshore activity that would mitigate that so shout out to uh the new Soros Elon Musk fantastic uh let's go to Zeke uh Zed up uh he says I can't wait to
pump my system full of Niche Tech Twitter influencer John cougan proprietary lockin chemicals and then he quote tweets and says my mom told me not to smoke cigarettes she didn't say [ __ ] about online chewy chemical brain boost pouches sold by a handsome conservative investor with a podcast about combining technology and frat Bros incredible put it on the put it on the wall frame it frame it right now I I I I I don't even
think I could reply to this cuz I didn't even know where I didn't know where start it was just like thumbs up guess when we posted about when we posted about the blood boy giveaway somebody said is Rip he's going to be blood boy I don't know does he have blood boy physiy or something yeah we're gonna have to do kind of a deeper analysis there but before we get into the next we got a promoted post let's go promoted post
from Lang chain we asked you answered our state of AI agents report is here we surveyed 1300 industry professionals from developers to Business Leaders on how they're using AI agents today and the results are in what are the top top use cases for agents what the biggest challenges when building agents who's finding success after deploying their agents to production uh go to Lang chain.com stateof agents to get the full report
and uh thank you to Lang chain yeah thank you to L chain um let's go to Gabby Goldberg she says coffee shops yeah gabb's in in here twice she's she's crushing it this week uh coffee shops opening at 10: a.m. is the sign of a crumbling Society that's always been my issue with New York you ever go to New York and you wake up I thought it was the city that never sleeps you can always get coffee and piz
seriously I'll wake up in New York I got to wait like 3 hours three Is that real yeah their coffee shops open up super late you got to find like these random I feel like in LA like Starbucks opens at 6 like every that's the thing everybody's like oh the city that never sleeps no New Yorkers are not getting coffee at 6:00 a.m. interesting maybe it's because the people that are actually getting up at 6: a.m. are just
getting coffee at their office or drink cocaine that's always been my yeah that's always been my frustration with New York New York's got to get it together it it literally is hurting the economy that people can't get more cups of Joe around the city at earlier hours so yep yep figure it out uh let's go to Gary tan this is great because we see the followback icon that means he already follows us but this is the first
time on the show because we haven't followed him after we post we're going to follow him and then he will be an honorary technology brother yep um potential brother of the week maybe um yeah he he might might deserve brother of the week for the recent SF election and I mean so many wins with this guy it's just W's every single week it's going to be hard he's going to be in the running a lot I can feel it yeah um many
so Gary says design for super early startups seems like it has become increasingly a lost art this is kind of what Reggie was talking about uh great simple ux that has clear call to actions obvious nav good use of contrast and no distracting ornamentation sadly waning how you do anything is how you do everything what a great post it Gary a designer he designed the paler logo you know this crazy yeah he was like one of
the earliest employees of coin design the logo I don't know if he did coinbase's logo but I mean coinbase was in my YC batch summer 12 Gary was around there I'm sure he's super close with them and then I think initialized did like one of the major rounds or something made a ton of money on that wait so you were in y coin base yeah with Brian so you how much did you invest did not I didn't have any money
we're going to have to cut we're going to have to cut this out of the show but you know what it was crazy in our YC badge the referral bonus for going on coinbase at the time was one Bitcoin that's wild it was like dude if you sign up I'll give you five bucks in the form of one Bitcoin that's amazing uh yeah I would say like small example here is the reason that more startup there's no excuse not to have great design as an
early stage company is all it takes is one person with good taste yes and even one person with a freelancer that has good taste right that's uh that's that's all it takes right it doesn't you simply have to about it a tin little bit and you can make iten and more people just like hire the designer that they know or they go online and they hot and has already like there's this weird like Trend where you know there's someone who
has a lot of taste and then they start scaling their operation and they start delegating and you're still paying $300,000 for like B tier C tier talent because the real taste maker is working with like the Fortune 500 clients now and you're of the game yeah and I I uh you know party round had great design early because the first hire that we made was Brandon jacobe he was the first person to join the team he had been at
Cash app for four years he was still like 23 24 at the time so it wasn't like we had you know it wasn't like he was like no I need to make 350k a year base so I think that investors should be extremely judgmental of companies that have poor design because it's basically you should figure out a way to get it done for almost Z and then all it takes from that point on is hiring one person who's a great designer and you should be
able to attct that person otherwise you're not compelling as a founder or if you don't care about design great designers will not want to join your company I agree uh bifrost orbital says uh the youngest teenagers to have built satellites at the age of 16 have made it to Y combinator enar CEO now 19 and geffin CTO Now 23 you said you wanted to like incredible accomplishment congrats congrats ony pretty good traction on
this post that said I wanted to invite these guys to send us a note and we will help you learn to post because I this could have been way way more viral if it was from the actual Founders account and it was a deep dive into tell me more not in the third person yeah yeah yeah tell me more like what were you doing at 6 show me a picture of the satellite that want to see like first line we built our
first first satellite at 16 now we're in YC here's the story boom exactly anyway we we don't do this often Buton pro bono Consulting will help you guys learn and I imagine these guys you know within the next 10 years we'll get brother of the week yeah I agree I couldn't agree more so hit us up we will help you thanks moving on Dennis says a GPT rapper of chat GPT itself makes $5 million a month and you know you know
there was there was a time where you could search chat gbt in the App Store and not find because it was all just like iterations on the name the same exact name of TR does actually have to do anything really because they're all just paying opening eye anyways all that I would say like a lot of that revenue is probably just going back to to opening I do wonder what the margins are on this like
are they able to Market up enough and and kind of fool enough people very it's a very job you only need one probably two Engineers to build that product the one thing that I really hope is that I hope this is a kid I hope this is is some really really young founder who will learn from this and wind up you know making some money putting something away and then winding up and going and doing something much more ambitious soon
because just just seeing 5 million a month show up in your stripe account moving it around hiring people stuff like that we're going to claim credit for this uh 10 years ago it was trading sneakers was like the Hustler thing today a chat GP for sure the Riz app all these different things like you know tarot card reader I want see the drop a HW girl I want to see Bri the chicken fry girl do a a chat app that
you can talk to abusive Zack Bryan on wow that would have that would do some numbers here we go uh do we have another promoted post Yep this one is from Akash who was over at ramp he says the TR ramp uh web engineering team is hiring let's cook and he chose this tweet because so this is a premier post specifically for r as a employer empy place to go work okay yeah so if you're an engineer go go check out the jobs they have is there a
l and the reason that we chose this one is that uh Adam over at rep viw oh yeah ranked uh a bunch of potential 2025 IPO candidates and whiz was just a hair above ramp ramp was almost the number one uh IPO candidate oh by7 wow yeah so very um we would honestly could be we kind of needed yeah let the experts dig in I think we need to put that in the truth Zone we have to put this in the truth Zone but uh go DM
AOS if you're interested in joining ramp or apply on uh ramp's Ashby job yeah dream job uh let's go to Sharie sharim he says nobody gives a damn about your road maps or strategy decks just show them a demo so insanely great it feels like you stole it from five years in the future 1K likes I love that yeah I agree I I I Am pro road map and Pro deck I don't know about Pro strategy deck you don't need to necessarily show them to
people other than you know investors need to see a deck but I think there's still something valuable about Investors don't investors don't need to see a deck if you have a banger demo and you are super compelling y it helps if you're an Insider it helps if you speak the language it helps if you've maybe interned a venture fund or whatever it is but build a phenomenal demo uh get some users show people that you can ship
and ship quickly and then still make a great deck because it'll help you get that you know maybe 2 extra valuation uh if you do it right yep uh Michael Mir Flor says the PCH Philip Generations campaign obviously we're a big fan of this here uh has been running for years and years now one of the best of all time in my honest opinion and I couldn't agree more it's the famous tagline you probably know this uh you never actually
own a PCH Philip you merely look after it for the next generation and it's a a a side by side of an old ad and a new ad and it's it's essentially the same the same campaign and it really speaks to the value of like getting your marketing message correct early building that brand Essence something that you can live on for live and die by for Generations I remember uh talking to the guy who did Warby Parker's early brand
development and uh he said that Warby Parker they landed on this idea of quote the literary life are you familiar with this so you've never seen it in a Warby Parker ad it's never been on a billboard it's not a catchphrase that they that they use anywhere on their website it's merely just the brand Essence that they keep in mind when they're doing other stuff what is Warby Parker it's the literary life so that answers the
question of what do their popup Shops look like they look like libraries because that's the literary life what what does the website look like well it looks bookish it looks like something that you know someone who's reads in a coffee shop would enjoy what about the colors the tones the music the fonts everything comes from that Essence and getting that right early is just like once the arrow has left the bow it just
sails and soch phip is a fantastic a fantastic representation of that and even though it's a watch brand you can apply that to your Tech startup absolutely absolutely we see it with ramp let's go to die workware Derek guy uh he says uh oh I'm going to jail because Donald Trump has nominated Matt Gates as the eternal general for the United States and um yeah so these guys have an amazing history history
basically Derek uh Derek creates a lot of beef with powerful people powerful people tend to wear suits and Derek has a lot of opinions and knowledge about uh suits I'm sure when he sees this video uh hopefully we don't get dunked on too hard uh Derek if you're watching this uh go easy go you know you can you can dunk but then give us some pointers in the DMS all right uh but anyways uh Derek has historically you know called out
Matt for having some Act absolutely horrendous fits over the years like truly some some like worst fit ever worn in the White House type stuff uh and so that created some beef okay uh and you know this new Administration is ambitious right there's a lot of people in Washington and uh some some some posters that have been libing out that are a little bit uh worried could be could be rough but uh you know we stand
with posters generally so as long as he doesn't go to Blue Sky or threads as long as Derrick you stay on a you're safe you're one of the good ones uh let's go to KI there's a bunch of drama uh Raj says the Ki founder has to be trying to get himself arrested right now it's just an intention game because uh Shane got his phone raided by the FBI we support Shane we support poly Market here and then uh Sarah says leaked email
shows Keli growth executive tried to plant a new story containing false claims about wash trading and money laundering on poly Market Kia appears to be spreading misinformation about poly behind the scenes and it is a crazy time if that is a real I don't know if this is true I'm not that's a real email I don't think we can we're not journalists so we're not uh we're experts and we do have called The Zone but we're not
journalists we're not fact Checkers but it is it is crazy how how hot the fight between the prediction markets is I mean it feels like U Uber and Lyft right now where you know if you're not in poly Market you got to get into Kel battle out is it going to be a power law winner is it going to be more algis like you don't really know so they're testing the waters in many ways the Ki vers poly Market thing was a political Battle of
platforms right poly Market is stands for many of the principles that the new Administration is for KI is for regulation they've gone after being like we are the regulated uh prediction market and in many ways the campaigns tracked right so Ki was spending a million dollars a day on Facebook y uh just to get into the charts poly Market had a lot more organic adoption and organic uh media so um in many ways
there's parallels not surprised that the current Administration is is trying to come after uh poly Market indeed let's go to uh do we have another promoted post uh promoted post the New York philarmonic just announ New York Phil Sounds of the Season a festive holiday matine featuring New York Phil musicians conducted by Jeff tisic on December 14th and 15th so learn more and buy tickets at ny.org sounds ofthe
season and I would say this could be something where we get the technology Brothers Community together we all suits and let's go to the New York uh Phil together I mean we recording this like blocks from the LA Phil I'm a huge Gustavo dudel fan my dog is named Gustavo dudl not a joke I play yeah he does he's 20K um but yeah I mean I love classical music it's a great way to uh I find it just very meditative because you and sit listen to beautiful
music you're off your phone it just clears your mind and it's still an opportunity to dress up meet interesting people the the the class of and immers yourself in truly loud opulence right truly truly truly music is opulent in many yes yes absolutely um and so uh can't recommend the New York philarmonic enough please if you're in New York where you're stopping by go buy tickets and uh Google it NY fill probably New
York philarmonic um and we're we're happy to support them on this show uh let's go to Michael du brovi he says that there's a beta testing opportunity hate pick hate pricking your finger but love biomarkers uh we launched a new product at scifox his company and I need five people to beta test and provide feedback use the link in comments to get 50% off um is this we got to try this I mean I think
you can I think you can literally test your testosterone on an hourly like a minute to- minute basis aming seems like a massive breakthrough and and this Michael is the man who studied the testosterone levels of YC Founders at his offsite and so now he's gone a step further he's being proactive okay we need to talk to this guy I want we should we should get it we should get yeah this on our arm while we record and
track our levels throughout through the right yeah where does it spike is it during the is it during the brother of the week you know there's a lot of different places where you need to be maxing out um I mean that's a big part of why we record at 11:00 a.m. every day because that's when you're peing uh let's Goot eot says if you're 20 to 30 and your main Circle isn't discussing buying another country terraforming building a
new city lengthening winter days creating rain building a vast industrial base powered by nuclear then it's time to find a new Circle could agree more to say that our Circle ising all of those things yeah it's like okay this is uh prais Dryden trying to buy uh Greenland uh terraforming that's Thomas puero and Augustus creating rain that's AUST jce uh building a new city there's a bunch of people nuclear we know a ton of
nuclear people that are doing that Doug burnau at radian just raised hundred million do to do nuclear uh it's fantastic and then the industrial base obviously goes to Aaron slodov and uh and Chris Powers at Adrien thank you to the absolute Brothers the boys for uh G doing your part yeah shout out to all thems I wouldn't have my circle include any other way any other way it's fantastic uh do we have one last
promoted post one last promoted post from Daniel Mason uh close friend and Daniel says we've received 5,574 job applications in two weeks we've interviewed four people why we're looking for a very specific kind of engineer the kind who makes everyone else uncomfortable which I like that right often times uh 10xers kind of freak everybody out a little bit they're like maybe their keyboard just has a one and a zero on it
yep makes sense uh anyway so Daniel says no someone my DMs are open so go to dgon on X uh if you're interested uh and there's more context on the role on his profile go check it out and uh we're happy to promote that on this show uh let's uh close out with X Gamers make great entrepreneurs uh a post from Tom banham we're used to locking in for [ __ ] 13 hours straight sometimes times LMFAO couldn't agree more couldn't
agree more many many cases and we've talked about this before but very interesting correlation between the great Gamers Elon one of the greatest Diablo players of all time SBF one of the worst League of Legends players of all time and look what happened to their companies clearly wasn't taking it seriously wasn't locked in was a fake gamer which is the worst thing you can possibly do ke the key is to figure out
a way to find that early love for video games that many of us had and apply it to excel right like you and I were up until God probably 3:30 last night in the technology Brothers model make just tweaking Mak maximized yeah and uh in many ways like it felt like being in a Cod Lobby it felt like playing Starcraft 2 right could agree those those early days so uh apply that same uh zealous uh for the game to the game of business and
become a student and player of capitalism yes become a student of capitalism a player of capitalism and that's our show thanks for watching subscribe give us five stars repost everything that we deliver on X start clipping us start clipping us become an Andrew Tate disciple for this show yeah take our content amplify it however you want I want I want to do a small challenge if you're a college student
listening to this show figure out how to make $10,000 a month clipping our content posting it we will support you in that and we'll probably try to hire you after you do it so fantastic that's a challenge for today and cheers cheers to let finish off the D Peron to 1K and the being the fastest growing podcast in Tech delicious and the most profitable podcast in the world see you next time that's our show that's our show