A.T

@CarlZha Lol about time

China cracks down on pretty boys in media Recently Chinese costume drama Pursuit of Jade 逐玉 gained high ratings and viewership. This attracted the attention of censors. National Radio and Television Administration called a meeting w various TV stations, criticizing TV trends focusing on looks, demands stop idol/looks worshipping, establishing healthy aesthetic etc. IMO the issue is disconnect between people who watch TV Dramas and people who criticize TV Dramas. TV Drama audience is primarily women. TV shows usually cater to their viewers' tastes. People who criticize the prevalence of pretty boys in TV shows are usually men but they don't watch those TV dramas anyway. Of course the boomers in the censorship department always err in the direction of maximum control.

@animeupdates Maybe I can finally watch something by Arakawa without dropping it after 2 episodes

Tomorrow is finally the day for the return of 'FULLMETAL ALCHEMIST' creator Hiromu Arakawa with an all-new anime adaptation! 'Daemons of the Shadow Realm' the Anime Officially Premieres tomorrow!

When the founder you backed 3 years ago finally makes the right product iteration and hits PMF

@beautyskillz Gengar

You wake up in the Pokémon world. No phone. No map. Just ONE Pokémon. Who are you choosing?

Most exciting cities for me to look for great founders and companies in 2026: 1. Beijing 2. Shenzhen 3. Hong Kong 4. Hangzhou 5. Sing... Tokyo.

@tianyuf Most Chinese users will agree that UI/UX design in the US is the best by far. Just that they care about functionality over look & feel

Everybody in China hates this btw

We were in over 15 cities in Q1…here’s what’s broken: The Non-Deployers vs. the Squirrley Operators Over the last few months, our MFV team sat down with sharp founders building in the Bay Area, NYC, Tokyo, Hong Kong, and Beijing - - plus some of the best venture funds in deep tech. The same refrain from most LPs and big funds: “We’re just not deploying right now.” Choppy markets. SaaS is getting eaten alive by agents. Hardware confusion. Endless physical AI hype cycles. On paper, it makes sense. In reality? It’s not caution. It’s a lack of conviction in what will actually move the needle next: AI-native infrastructure that agents and physical systems can rely on. It’s also strange to watch pundits and macro theologians opine loudly but rarely put capital behind their takes. We just met with a large fund of funds. Most of their managers are in pure observation mode - - rearticulating consensus rather than backing operators who ship. Meanwhile, the clearest signals come from builders in the trenches. No luxury of waiting. They’re solving real deployment problems today: settlement latency, compute tokenization, and getting physical systems to work in the wild. That’s been the MFV signal. So we’ve kept deploying - - across AI infra, agent economies, and physical systems. Boston to Beijing, and we’re only three months in. Here’s what the data actually shows right now (PitchBook + Crunchbase Q1 2026 signals): 1. Global dry powder remains at record levels. 2. Yet AI (infra, agents, physical/robotics) took over half of VC dollars in 2025 and continues accelerating. 3. Big funds (> $500M) are writing oversized checks into exactly these categories. 4. Everyone else? Mostly on the sidelines. The split is brutal: conviction in AI execution versus hesitation everywhere else. Founders - if your investor conversations feel like sophisticated information extraction with zero follow-through, you’re not imagining it. At MFV, we bet on Squirrley operators: nimble, high-conviction teams who treat tokenized compute and agent settlement like payroll software - - practical, repeatable, slightly eccentric in the best way. We’re always up for comparing notes. AI and agentic builders shipping infra, physical systems, or real agent economies right now - - what’s the #1 deployment or capital friction your VCs are missing? DM me. Let’s talk.

@thisguyknowsai Breaking. Everyday a breaking break breaks X on GitHub

🚨BREAKING: An Indian developer just hit #1 on GitHub with a prompting framework that outperforms every major benchmark. No VC money. No research lab. Just a laptop and 14 months of testing. Here are the 11 prompt patterns from his repo that I've been using for 3 weeks:

@benhylak I still don’t think any ai agent can replicate human taste

"the first design agent with taste" the taste:

@DanCollins2011 HK is so back

The flood of global money into HK is gonna be epic.

@0xvietnguyen I think they’re trying to IPO

This fund is on the verge of bankruptcy

@MeekMill @Moshaikh this one for you

I need a vc

@ivylala no Beijing read that as tax evasion and IP theft lol

Manus co-founders restricted from leaving the country. The geopolitical reality: the perception of abandonment from China’s perspective is now a deal breaker. This came after NDRC called in Meta and Manus for a meeting, AND Manus announced it has connected to Instagram's Creator marketplace, signaling a deeper integration into Meta's marketing stack. Did Beijing read that as defiance?

@Zac_Pundi @redonettii The main lesson is: too much noise = unwanted attention. If they didn’t have western media make such a big deal out of this it wouldn’t be this bad. Also make sure to communicate with local regulators along the way. Always.

@linwanwan823 他们公司在北京注册七年，一转眼把IP左手转右手送到新加坡。IP税基本没交，人裁了，收购还闹那么大。这是他们战略失误，听海外顾问上头了。做企业需要考虑政治氛围。在美国做大也一样，如果一家公司以同样方式把IP从delaware转到新加坡公司，IRS肯定饶不了他们

Manus 两个创始人被限制出境，还有一件事没人提：中国运行了30年的红筹政策，也受Manus影响一起修改了。 Manus 的事大家都知道了。 创始人被召至发改委开会，会后不能出境，Meta 20亿美元的收购被监管叫停，公司正在找律师救场。 晚晚最近刚和朋友聊到，红筹这边的政策更迭，也因Manus而起。 简单来讲，红筹是什么。公司壳注册在境外，比如开曼、BVI等，业务和资产在境内，去港股或美股上市融资。 这个套壳结构跑了三十年，基本是中国科技公司出海的标准姿势。 据说是春节前口头沟通相关套壳企业，最近两周直接在备案系统里通知。 收到通知的已超过10家，港股美股都有，消费、医疗、科技、制造，没有行业例外。 只有少数被认定为国家战略科技的能保留。 大部分除非先把架构拆了、迁回境内，才有机会拿到备案。 晚晚我感觉，中概美股 IPO 又要开启困难模式的阶段。 中国的资产、中国的用户，税收和控制权留在境外的时代，可能结束了。

@StarPlatinum_ @0xxNathan I thinks has to be itachi

@0xxNathan Fav akatsuki member?

CT now: - 50% ENLV posts - 40% Vision posts Me: watching youtube

@neilhar Lessons learned from Aptos days lol

I am always grateful for friends hosting conference side events. But please do not have an hour long panel session in the middle of a crowded and loud bar panelists, attendees and organizers all seem to be distracted and unhappy with the panel all at the same time

@rohanpaul_ai Tax during IP transfer. Imagine a US startup did that, the IRS would be all over them

🤯 Bloomberg: Chinese authorities bar Meta's Manus founders from leaving the country amid acquisition scrutiny. What Beijing seems worried about is not just paperwork, but whether a fast-growing agentic AI company with Chinese roots moved key people, assets, and control overseas in a way that sidestepped rules on foreign investment, technology transfer, and national security. Manus became especially sensitive because it reportedly hit roughly $100M in annualized revenue very fast, shifted its center of gravity to Singapore, took foreign funding, and then became a rare case of a major US company buying an Asian AI startup at scale. The hard regulatory question is whether Manus was truly an overseas company by the time of the sale, or whether its China-linked entities, talent, and technology still made the deal subject to Chinese controls. No charges have been reported, but the extreme outcome would be forcing changes to, or even unwinding, the acquisition, which would send a sharp message that AI startups cannot assume cross-border restructuring will protect a sale from state review. ---- bloomberg. com/news/articles/2026-03-25/china-restricts-manus-founders-from-leaving-china-ft-says

Ahead of my panel at @blockworksDAS today on prediction markets, I thought I'd share my current views: Despite small pockets of froth, prediction markets are one of the most interesting businesses in crypto right now – they sit at the intersection of speculation, media, market structure and real-world risk transfer. My view is simple: prediction markets are not simple gambling products nor are they stripped-down options. They are a new way to price uncertainty around discrete events. That matters because a lot of important risk in markets is event-driven and traditional portfolios usually hedge those risks through imperfect proxies. Prediction markets will let you hedge almost any event: - elections - policy decisions - government shutdowns - regulatory approvals - weather events This is a cleaner instrument than most people in those industries begin to understand. Where I think people get ahead of themselves is that the narrative and valuations (especially of the top two PMs) have moved faster than the market structure. The category is legit, but the infrastructure is still early. A lot of investors are underwriting the space like it is already a mature institutional market. I do not think that is right. Some additional thoughts... - Politics was the wedge that brought prediction markets into the mainstream, but the broader demand surface is much bigger than elections and sports. The interesting institutional use cases are weather, catastrophe risk, policy outcomes, tax changes, approvals, and other exposures that do not map cleanly onto the existing product suite. - Defensibility of PMs will come from liquidity, trusted resolution, distribution, regulatory positioning, and products that fit real institutional workflows. If users do not trust how markets resolve, or institutions cannot execute size cleanly, the category stays shallow. - Recurring markets matter more than one-off viral contracts. One-off events create attention. Recurring markets create habit, repeated liquidity, and actual market structure. Overall, my take is that prediction markets are showing pockets of froth but overall the category is still early. They are one of the clearest examples of crypto enabling a genuinely new market structure.

@jerome_ Or maybe, they are “done” 😬

@alextang “Done” but founders not done

I am confused by two things: - why did people ever think the deal went through and is finalized (spoke with Meta employees who were certain it was a done deal) - why did the founders go back to China lol (unless it was to try and salvage the situation) When the MoC announced their investigation on Manus back in January, it should've been a clear sign that this deal was not going to happen. The Chinese government does an amazing job at retrospective investigations and penalties were bound to be heavy. Knowing how to navigate Beijing and the hidden rules of doing business will become increasingly important for future Chinese founders with global aspirations. It's important to not take ill-informed advice from non-Chinese stakeholders, despite the temptation.