Nitin Bhandari

Super excited to share that ZenScreen.ai has been acquired by @Life360 ... thanks for the opportunity to work together @ChrisHulls and Alex Haro. Excited about the future together. finance.yahoo.com/news/life360-a…

Been off X for a while. Heads down building something new in #Construction Tech. Excited to announce our Series A led by Sierra Ventures. techcrunch.com/2024/08/27/pla…

In 2023, founders understood 2 really important but overlooked topics: 1. Treasury management 2. Corporate governance

@mobileraj Ad Blocker IRL ❤️

Interesting thought, AR glasses could block real world ads (eg billboards)

Congrats @MicRum on the awesome progress and launch.

Playing w AI models, ML toolkits and more, many in their infancy and all breaking in diff ways, very much reminds me of this quote: “The more you fck around, the more you find out” Rings so true in LLM world right now.

@BapnaVijay Thank you 🙏🏼

@bhandari Congratulations Nitin, best wishes

Excited to announce $5.4M seed funding for my latest venture, Planera We are building a digital whiteboard like Miro that is also a power project scheduling engine for the construction industry. planera.io/post/planera-r…

@mobileraj Thanks Raj. We have to catch up soon.

@bhandari Congrats Nitin and great to see this announced!

@emollick Suits have entered the room 😂

Many people complain about the limits put on these new AI systems I think everyone should read the risk mitigation section in the GPT-4 whitepaper, or at least this chart below. Without guardrails, LLMs are very scary (Also LLMs without limits are coming) cdn.openai.com/papers/gpt-4.p…

@VivekGRamaswamy Next up, Vivek wants every farmer and small biz owner to read every SEC filing of their regional bank. And or course have a risk model. Or is that only for Silicon Valley folks? If depositor can not assume deposits are safe in America, then no way we stay competitive.

Here’s the right answer: - No depositor amnesty for SVB depositors: let SVB fully fail. - FDIC should get out of the way & let whoever wants to acquire SVB to actually do the deal. - Monday morning: increase FDIC guarantee to [$10mm] for all banks. This prevents a run on other banks. Silicon Valley is pushing the idea that SVB depositors need to be rescued to prevent a run on other banks. Wrong. If you want to prevent a run on other banks, increase the FDIC guarantee. But SVB screwed up by utterly failing to take interest rate risk into account, in two ways - both in terms of client concentration risk amongst startups and investing in interest rate-sensitive securities. So did the many startups who blithely did business with them. It’s not the U.S. taxpayer’s job to now coddle them.

@ramprabhuj @balajis Accounting rules say you don’t have to mark to market paper losses but have to report when you relalize the losses. That probably made mgmt make bad decisions given year end and bonuses and all. If every bank is forced to mark to market every day, that will create transparency

@balajis What’s a bit confusing about this is, why was it not possible to sell when the rates doubled to above 2.5% and take a much much smaller loss. Because by the time the 10y went to those numbers it was accepted that the Fed rates will be much higher.

Rate hikes weren’t telegraphed. Go back to March 2021. Inflation was a conspiracy theory. Officials said don’t worry, not real. So people kept buying 10yr bonds. Denial continued through 2021. Then rates got hiked. Fast. In one year, higher than 10 years! Existing bondholders destroyed. Including SVB but many others. All by the Fed.

We just built a product @AngelList to help startups impacted by SVB that need emergency capital: - Standardized Loan Agreement Docs (temporary loan from investors) with online signing & funding. - Built in banking access (if your company needs it) DM me if you need access

@MrBeast told @lexfridman that YouTube’s comment section is broken: too much spam and can't connect with his true community. We fixed it.👇

@antoniogm Great feature. Company 🤔?

Calendly is the most important invention since the transistor. It's near-impossible to imagine life before it.

@TimSweeneyEpic We need multiple AIs to be able to trust any at all IMO

@TimSweeneyEpic We all will be victims of Gell-Man amnesia when it comes to AI.

ChatGPT to me seems to weld an English professor’s writing skills to an encyclopedia’s knowledge base and a kindergartener’s reasoning ability, producing impressive and highly polished nonsense. The screen is on - at 8K 120Hz - but nobody’s at the keyboard.

Top 100 Long Reads on Marketplaces, Strategy, Growth, and More: danhock.com/long-form-reads

@paulg How much of that is your own personal money vs LP money?

Y Combinator has funded over 100 climate tech startups and wants to fund more. If you want to start one, here are some of the ideas they're looking for. But don't feel limited to these; the best ideas come from founders. ycombinator.com/blog/rfs-clima…

@johncutlefish 1000 for conversation that never happened