Tech Equity Engineer

💡 Excluding ~$300K in S&P500 tax-advantaged accounts, here is how I allocate my concentrated tech portfolio and why. I focus on platforms, networks, and the AI-driven stack powering the next era of tech. Portfolio Snapshot $UBER ~ 40% 🚗 Global platform moving people and goods at scale. Network effects, rideshare growth, and delivery expansion make it my highest-conviction mobility play. $AUR ~ 20% 🤖 Autonomous freight leader led by Waymo’s founder. L4 platform complete, scaling hundreds of trucks this year and thousands next. My highest-conviction autonomous vehicle play. $MU, $AMD, $NVDA, $NBIS ~ 25% 💻 AI and semiconductor exposure. Memory, compute, and hardware leaders powering the AI boom. $RDDT ~ 10% 🌐 Fastest-growing profitable social media platform. Strong network effects and rising engagement make it a dominant attention platform with low risk. $BMNR ~ 5% ₿ Largest crypto treasury focused on Ethereum investment + staking, participating in the future of DeFi. $KRKNF ~ 1% 🌙 Moonshot allocation to emerging tech and defense innovation, riding on the coattails of Anduril as global tensions rise. Why this portfolio I prioritize platforms and networks that control value flow: Uber and Aurora dominate mobility, Reddit dominates attention in human conversation, and AI/chip leaders capture compute cycles. Smaller positions provide high-upside exposure to crypto and emerging tech driving long-term growth. 💡 Follow for weekly deep-dives on the ‘why’ behind the buy. No hype, just the moat and future-facing tech.

@JonahLupton Really great that we see management buying $RDDT shares on the dip too. It’s definitely one of my highest conviction stocks that I continue to add. I believe we are still early as reddit is still starting its penetration outside the USA and we see ARPU numbers continue to grow.

Note from one of the sell-side analysts on $RDDT... We surveyed ~1,000 US adults measuring social platform engagement and the implications for advertisers. RDDT provides advertiser access to unique users [10% of RDDT's users not active on any of the other 5 largest social platforms]. The nature of RDDT's engagement creates interest graphs that more effectively inform targeting and down-funnel opptys in comparison to other social platforms. 88% of RDDT users increased or at least maintained their time / engagement YoY which was highest among peers and 65% of users leverage RDDT for product research [higher than any other platform]. RDDT is focused on developing lower-funnel objectives, most prominently through the expansion of shopping ads, and see a $1.2B revenue oppty by 2030. We found that RDDT’s oppty to expand monetization is huge closing a 70% discount in rev per user vs. peers. We believe RDDT can deliver ~20% upside to '27 consensus if its digital advertising market share expands at the same pace as historical internet peers. We reiterate RDDT as our Top Pick and see the 40% YTD pullback as a compelling buying opportunity. fwiw, if $RDDT did beat current CY2027 sell-side ebitda estimates by 20%... it means $RDDT is now trading at less than 10x CY2027 ev/ebitda with ebitda growing at 61% CAGR for the next 2 years... with $2.5B of cash and $0 debt. IMO, $RDDT is -50% undervalued right now. NFA. DYOR. *I own $RDDT personally and so does @FirstWaveFund

@lngtermcapital Nice! Been adding $RDDT on the dip. I want to make it a top 3 position in my portfolio.

$RDDT just locked in a MASSIVE partnership with Pacvue, and most people have no idea what this means. Pacvue is the leading enterprise commerce and advertising intelligence platform. Fortune 500 brands use Pacvue to manage, automate, and optimize their ad spend across every major retail and social channel, Amazon, Walmart, Instacart, TikTok, you name it. Pacvue powers 12% of total retail media ad spend worldwide and is used by over 70,000 brands and agencies. Their client list includes Nestlé, Kenvue, L'Oréal, and Samsung. Here is why this partnership is a BIG deal: • Pacvue plugs $RDDT directly into enterprise ad workflows; brands no longer have to treat Reddit as a separate, manual channel • It reduces friction for large advertisers to allocate budget to $RDDT alongside their existing spend • More automation = more consistent ad dollars flowing in, not just experimental budgets • $RDDT becomes a REAL competitor for brand advertising dollars that historically went to $META and $GOOGL The ad monetization infrastructure continues to be built out, and Pacvue is one more brick in the wall. Who has been adding to $RDDT?

@Sam_Badawi It’s great $UBER has such strong FCF. They can afford to invest for the future.

$UBER announced plans to launch an exclusive $RIVN fleet in 25 cities across U.S, Europe, and Canada by end of 2031.

@teostealth Agreed! The key for autonomous freight though is also that the trucks aren’t subjected to the 10 hour rest periods required of truck drivers.

@TechEquityEng This is huge for small businesses who ship stuff - those fuel savings alone would be a game changer

$AUR announced today that they project autonomous trucking could put $9B back in U.S. consumers’ pockets annually by 2035 while improving safety and efficiency across the supply chain. 🤖🚚 Key numbers from their new report: • $5.7B saved on fuel costs for shippers • $9.4B in annual safety benefits, including 490 lives, 8,800 injuries, and 23,000 crashes avoided • $70B contribution to U.S. GDP • Fleet utilization could more than double, enabling trucks to operate nearly 24 hours a day The report highlights workforce impact as well, with 17,000 jobs supported today for autonomous trucking and Aurora committing $1M to train the next generation of autonomous trucking professionals through Aurora Works With driver shortages projected to reach 1.2M, autonomous trucks are not just technology. They are a national economic engine lowering costs, improving safety, and fortifying the supply chain The U.S. freight market is valued at $1 trillion. Efficiency gains here ripple across the entire economy.

@ErnestWongBWM All theoretical and guesses at this point, but looks more and more like AVs are being commoditized (led by $NVDA), and there be a fragmented set of brands within and outside the USA. $UBER stands to benefit from all of this as the orchestration layer.

Robotaxi supplier base seems to be getting more fragmented... good for $UBER

Yea there’s no real evidence yet how it’s going to be priced. Can only guess. Been following Uber for 5+ years, my guess to be honest, is that the lucid pricing is going to be like an Uber Comfort pricing, less than Uber Black but more than Uber X. The demand will be there in Bay Area since Waymo is saturated there and tackling the cheaper tier. So it would be a smart move IMO to target the more lucrative segment targeted at higher income users who don’t care about cost.

@TechEquityEng I did see Lucid say premium. I never saw Uber say luxury or premium. That’s all I’m saying. I assume Lucid would push for a premium spot like Uber Black, but no evidence I could find that Uber is making that distinction.

For perspective on where Rivian stands compared to other robotaxi companies that will be on Uber, Lucid started testing 3 months ago and expects a path to launch "later in 2026."

@Mindset4Money_X @TheWiseIC $UBER pretty much partnered with majority of players in both USA and outside USA at this point. Pretty amazing.

$UBER collecting partnerships like they are catching Pokémon Very well positioned for the shift in ride share.

@TravisHoium For lucid in particular they mentioned in an interview somewhere that it’s the luxury segment. I wouldn’t say it’s that surprising… the car is definitely an upscale car.

@TechEquityEng Why do you think Lucid is targeting the luxury segment? We haven’t seen any indication that Uber will price autonomous vehicles any differently. Maybe they do, I just don’t see that in the releases.

@hamids Waymo can’t drop Uber from SF. They aren’t even partners there. This is my point.

Just think about it like this: If Waymo decided to drop Uber in SF and go at it alone, who fairs better? Waymo or Uber? Waymo has its own app and is already in the drivers seat. It's in far better shape! That's a lopsided partnership. Eventually that partnership will die and it will be too late for Uber to fix.

If you've been following me for a while, you probably know I used to own $UBER shares and I was urging @dkhos (CEO of Uber) to buy $RIVN and accelerate its own plans for autonomy and control the full stack (from vehicle manufacturing to ride-sharing). This partnership announcement is NOT that. It's good for $RIVN, but it's only ok for $UBER. Here's a quick summary and my thoughts: * Rivian immediately gets $300 Million from the deal. Good for Rivian. * If Rivian achieves autonomy by 2028, Uber or its partners are committed to buying 10,000 R2 vehicles. Assuming a $50K price point, that's ~$500 Million in vehicle sales by 2028. This is the part that's ok for Uber. More on this below. * If various other undisclosed milestones are hit, Uber will invest another $950 Million in Rivian and buy up to another 40,000 R2 vehicles through 2031. So who is this deal good for? From Rivian's Perspective: The extra cash, guaranteed vehicle sales and additional motivation to solve autonomy is great! Unless there are non-compete clauses in this agreement that prevent Rivian from operating its own ride-sharing business, which is doubtful but possible, there is no downside for Rivian. It gets some needed cash, more demand for R2 and more motivation to get autonomy solved! From Uber's Perspective: Uber has bet the future of autonomy on the multi-partner strategy where it counts on potentially dozens of autonomy partners to compete with each other to create the best autonomy service and drive costs down as much as possible. Partnering with Rivian and helping them achieve L4 Autonomy just adds another partner to the mix, which should help drive costs down long-term. My View: Uber's strategy is flawed. @travisk (Uber Founder) understood that he needed to own the full stack, which is why Uber under Travis was building its own autonomy tech. Dara cancelled Uber's autonomy group to cut costs when he focused Uber on profitability. Probably a great decision at the time. However, fundamentally, in my opinion, Uber needs to own both the autonomy tech AND the manufacturing of vehicles in order to control its destiny and be able to compete with $TSLA. Otherwise, the company that can iterate through vehicle design, AI hardware and software, the fastest for the lowest cost, will eventually win. Right now, Tesla is the only company in that game. Rivian can also enter the game in the future.

Not saying that they are not competitors. For some companies they will be both partners and competitors simultaneously similar to why Amazon’s Zoox partners and competes with $UBER in vegas. I’m just saying that if they kept their AV divison, there wouldn’t be a partnership at all. Waymo is a good case study for SF because they pretty much saturated the city at this point is arguably doing very well. What does the data show? $UBER’s gross bookings accelerated the fastest in the country in SF and similar markets where AVs are present. This is taking into consideration that there are 0 Uber robotaxi in SF. The data shows that AVs expand the total economic pie for ride hailing. The situation isn’t as black and white as most think. This isn’t my opinion either, it’s a data driven fact that management already revealed in the last earnings call.

It's silly to think Uber and Waymo are not competitors just because they are currently partnering. In their present strategy, Uber needs Waymo waaaayyy mo than Waymo needs Uber! Waymo's app is already doing very well and if it ever decided to destroy Uber in a given market, all it would need to do is reduce the cost of rides to 1/2 the price of Uber. Once user behavior changes to preferring Waymo, it could raise costs. Waymo co-CEOs are not nearly as aggressive as they should be. This is also why they'll lose to Elon.

@RJScaringe @Uber Congratulations on the partnership! Excited to see Rivian accelerate to L4 autonomy.

I’m excited to announce a partnership with @Uber. As part of this, Uber plans to invest up to $1.25 billion in Rivian and deploy up to 50,000 R2 robotaxis. This partnership accelerates our path to Level 4 autonomy and supports our goal of building one of the safest autonomous platforms in the world—across both shared and personally owned vehicles. The combination of Rivian’s rapidly growing data flywheel, our in-house RAP1 inference platform (800 TOPS), and our multi-modal perception stack provides a powerful foundation to scale autonomy quickly and responsibly over the next couple of years.

🚨 BREAKING $UBER is expanding deeper into autonomy with Rivian. Up to 50,000 robotaxis planned. This is how Uber is positioning itself at the center of the AV economy. 🔹Up to $1.25B investment 🔹Built on Rivian’s R2 platform 🔹First launches in SF and Miami in 2028 🔹Targeting 25 cities by 2031 The shift here is easy to miss. Uber is building the layer that connects everything. More partners means more supply. More supply improves wait times, pricing, and coverage. That feedback loop compounds. Rivian joins a growing network that already includes Waymo, Zoox, Motional, and others in the USA. At scale, this starts to look less like a single company winning and more like an ecosystem forming around one platform. If this plays out, autonomous vehicles become interchangeable. And Uber becomes the system that decides how they get used.

@dkhos @Rivian @RJScaringe @Uber Wow the number of partnerships coming in a impressive. Congrats on the Rivian partnership!

Rivian is building something special: vehicle, compute, software, and manufacturing in the US all working together. Excited to partner with @Rivian and @RJScaringe to bring autonomous R2 robotaxis to @Uber.

@InvestorDenis $UBER is a supply led business so it make sense they will be more successful as AVs get added to their hybrid supply. As supply increases, the network becomes cheaper and more efficient and reliable, leading to more demand. The cycle continues.

$UBER CEO: “AVs are going to bring down the price of transportation.” “Our goal is to make on-demand transportation available for everybody.” $UBER is delivering: It’s already got partnerships with WeRide, Waymo, Baidu, Zoox, and Motional. But it's barely monetizing the AV partnerships. Yet its bookings are up 22% YoY, it has over 200 million monthly active users, and revenue is growing at 19% YoY. Imagine what will happen when $UBER makes money on AVs. Meanwhile, the stock is down 25% from October highs. The current drawdown is an opportunity.

Depends how long you are holding. I think it’s one of those stocks that is going to be range bound and do nothing then suddenly rocket up. Probably $10 a year from now in 2027, $20 in 2028. If the have tens of thousands of trucks in 2028 and continue to make thousands more per year, 40-50B market cap is pretty reasonable in 2028. Who knows where it wil be in 2030. $AUR

What are your price targets for $AUR? I am also a big believer in this company, I have about 15k shares with a cost basis around $4 flat. Have also been buying Jan 28’ $5 calls and have about 130 contracts. Bought shares and contracts today at $4.05 and $1.35 for call premiums.

$AUR $KDK According to the recent March 2026 article by the New York Times, driverless semi trucks are hitting U.S. highways in Texas, and the numbers are striking. 🤖🚚 • Aurora Innovation ran fully autonomous trucks last May on I‑45 between Dallas and Houston, logging 1,200 miles for FedEx and Uber Freight. • Truck drivers account for 26–40% of per-mile costs. Autonomous trucks could cut that significantly. • U.S. freight trucking generates almost $1T in annual revenue. Scale is coming fast: • Aurora plans to grow from a handful of trucks to 200 by the end of 2026 and 1000s by the end of 2027. • New routes include 1,000-mile runs Fort Worth → Phoenix, exceeding human legal driving limits. • Kodiak AI has 15 trucks on interstate routes now, aiming for fully driverless long-haul runs later this year. Other players are joining the race: • PlusAI, Volvo Autonomous Solutions, Einride, Waabi. Texas is the proving ground: long-haul routes, favorable regulations, and routes that allow trucks to operate close to 24/7. The driverless freight era isn’t coming. It’s already rolling down the interstate right now. Are you investing in autonomous freight? 👇

@GerberKawasaki A beat by 40% is crazy! $MU to the 🌕

Micron just crushing all expectations. AI is alive and well. $MU

@EndicottInvests they destroyed earnings! $MU LONGTERM

Bought some $MU This is silly