
Rich Tehrani
233.9K posts

Rich Tehrani
@rtehrani
Tech Media Leader turned investment banker handling Series A-C funding, M&A and debt needs.




The emerging chassis of AI must be built by America. We can put appropriate guardrails in place without handing the win on AI to China. A moratorium is China First.


Andrej Karpathy told his OpenClaw: “I think I have Sonos at home.” It scanned the network, found devices, reverse engineered APIs, and started playing music. Soon “Dobby” was running the house. Lights. HVAC. Security cameras. Agents are getting good at figuring systems out.


What people think minimum wage is: - Helping poor workers earn more - Fighting corporate greed - Basic human decency What minimum wage actually is: - A price floor that creates unemployment - Government forcing you to price out low-skilled workers - Making it illegal to hire someone whose productivity is below $15/hour When Seattle raised minimum wage to $15, teen employment dropped 31% in two years. You didn't help workers—you eliminated their jobs entirely. Every minimum wage hike destroys the bottom rung of the economic ladder that teenagers and unskilled workers need to climb. The irony? Politicians who never ran a business telling entrepreneurs they must pay workers more than they produce. Pure economic illiteracy dressed up as compassion.

HOLY MOLY! It's been confirmed that Argentina's GDP grew by 4.4% in 2025, after decades of economic destruction caused by socialist policies. When Milei took over, nearly 20 million people lived in poverty; today, 5.5 million have been lifted out of it. Extreme poverty alleviation is even better. Over 2.2 million people have been lifted out of that category, from about 5.5 million when Milei took over, down to roughly 3.3 million now. It turns out that when the government stops giving people welfare, they figure things out and become more productive. It turns out that when you terminate rent control laws, you actually end up with more supply and lower rent prices. Who would've thought? The usual suspects will undermine this by bringing up the fact that Argentina got a bailout from the United States with the $20 billion currency swap. (1) That has nothing to do with their economic comeback, and (2) The United States is the uncontested hegemon of the Western Hemisphere; it's absolutely our responsibility to make sure our allies are supported. Argentina's currency needed a little help, and we came through for them. The reason the peso got dumped in the first place was that investors thought Milei's party was going to lose the midterms. The currency support program was temporary, and Argentina already paid it all back in full (they only used $2.5 billion). It also generated profit for the U.S. Treasury. It was excellent business by Scott Bessent and Luis Caputo. Congratulations to Argentina for choosing rugged individualism over the destruction of collectivism.














