If you think 5% is going to be a positive real return over the next 30 yrs you’re ngmi
Ansem@blknoiz06
all you need is $20M to make $1M/year for 30 years that sounds like a damn good deal to me
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Max Anderson
3.1K posts
Max Anderson
@MaxAnderson
Bootstrapped SaaS co to 8-fig ARR. Helped take another from 0 to 9-fig rev & NASDAQ IPO. Lucky husband and dad of 2
Remote Katılım Kasım 2011
1.1K Takip Edilen30.9K Takipçiler
@MaxAnderson Curious for your thoughts
Kevin Simback 🍷@KSimback
Is the VeniceAI $VVV token overvalued? I’m a big fan of @AskVenice and have been using the product for ~2 years And lately VVV has been ripping so I wanted to dig into the numbers The closest comp product-wise is probably OpenRouter and they currently do ~60x the inference volume at ~2x the valuation Not a good sign for VVV, at least at first glance But, Venice is a bit different- it offers privacy (premium service) and routes a portion of traffic through its owned GPUs unlike OpenRouter which doesn’t own any infra So maybe a better comp is TogetherAI which also owns GPUs Together does ~45x the inference volume at about ~11x the valuation (currently raising a $7.5b round) Looks a bit better but hard to argue VVV is undervalued by any stretch using those comps Revenue would be a better metric as inference volume matters little unless it translates to revenue OpenRouter is reportedly doing $50m ARR while TogetherAI has $1b in revenue The Venice revenue numbers are not reported, but we can infer a bit with the VVV token burns + some assumptions In the last 30 days approx 32.6k of VVV has been burned, equating to about $350k of burn-time value If we assume a 50% burn rate, that puts Venice ARR at ~$8.4m That is a revenue multiple of ~80x for Venice vs 26x for OpenRouter and 7.5x for TogetherAI So again, not cheap, but the 50% burn rate is just an assumption, if they’re only burning 15-20% of revenue then that puts them closer to the 26x revenue multiple of OpenRouter Hard to truly know without more revenue disclosure from the Venice team but at current market cap (all my analysis used mcap not fdv) it doesn’t look cheap vs the notable comps in the inference space
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@danielcberk I’ve never understood why people use any of this stuff when google docs / sheets work fine
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Notion is my least favorite tool to use by an extremely wide margin.
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@jackfriks If you build the company correctly, team of 10 all the way
Good team can give you all of your time back and still clear $30k / mo profit on the $100k rev
And frees your time up to focus on how to go from $100k - $200k / mo+
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would you rather make $100,000 a month with a team of 10 or $30,000 solo?
i would and have chosen the second option but curious if others who follow me feel differently
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@ecom_cork I’m a Hampton member but if you want to start a group for this I’d be in!
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I paid 10k to join Hampton and the community is super cool.
But after the first in person meeting I decided it wasn’t for me.
When you have rich people chatting about their problems and God is not a part of that discussion it gets weird.
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@MaxAnderson tradingeconomics.com/japan/governme…
Oh so screwed from National debt so so so screwed. The sky is falling, the end is nigh
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Article from wsj about US debt/gdp going viral
mfw the US gov does not have 100% debt / GDP
It actually has 375% debt / GDP
Most ppl don’t know this b/c of convenient naming conventions for diff portions of our debt
Our gov is way more financially screwed than 99% of ppl realize
Max Anderson@MaxAnderson
This chart from WSJ is dangerously misleading and the truth is shockingly worse US GDP: ➡️ $31.22 trillion US federal “debt held by public”: ➡️ $31.26 trillion (100% of GDP) 🤔 ➡️ this is the portion of our debt that’s owed to just outside investors ➡️ this is what’s in the chart and what the government wants you to think we owe “Gross US federal debt”: ➡️ $39.19 trillion (125% of GDP) 😬 ➡️ includes what the goverment already owes to Social Security ➡️ this is essentially the portion of our debt from the past that’s already outstanding in Treasury bonds True total US federal debt: ➡️ $116.95 trillion (375% of GDP) 💀 ➡️ includes unfunded obligations in Social Security & Medicare ➡️ essentially what we owe from the past + what we’re obligated to pay in the future ➡️ this is what we actually owe Read that again. 375% of GDP The US is far, far more financially fucked than the goverment and its shills at organizations like WSJ want you to believe
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@Barchart This is misleading and only shows a portion of our debt
True debt / GDP is already north of 375%
Max Anderson@MaxAnderson
This chart from WSJ is dangerously misleading and the truth is shockingly worse US GDP: ➡️ $31.22 trillion US federal “debt held by public”: ➡️ $31.26 trillion (100% of GDP) 🤔 ➡️ this is the portion of our debt that’s owed to just outside investors ➡️ this is what’s in the chart and what the government wants you to think we owe “Gross US federal debt”: ➡️ $39.19 trillion (125% of GDP) 😬 ➡️ includes what the goverment already owes to Social Security ➡️ this is essentially the portion of our debt from the past that’s already outstanding in Treasury bonds True total US federal debt: ➡️ $116.95 trillion (375% of GDP) 💀 ➡️ includes unfunded obligations in Social Security & Medicare ➡️ essentially what we owe from the past + what we’re obligated to pay in the future ➡️ this is what we actually owe Read that again. 375% of GDP The US is far, far more financially fucked than the goverment and its shills at organizations like WSJ want you to believe
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And $39 trillion is just treasury bills/notes/bonds outstanding
Total debt is closer to $117 trillion when you include the add’l $78 trillion of unfunded liabilities in social security + medicare (which are very real obligations that conveniently don’t get counted in treasury debt)
Our government is insolvent
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🇺🇸 Here's what $39 trillion in debt really means:
If we confiscated every dollar of U.S. corporate profit ($3.8T/year), it would take over 10 years to pay off.
Sell every ounce of gold ever mined: $32 trillion. Still $7 trillion short.
Liquidate every Bitcoin in existence on top of that: $33.5 trillion. Still $5.5 trillion short.
If we confiscated every dollar of federal tax revenue ($5.3T/year), it would take over 7 years to pay off, assuming zero spending.
The debt is 71% of every home in America, or 30% of every publicly traded company on Earth.
The debt grows by $7.2 billion a day, or $84,000 a second.
This is a problem.
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@rossiadam That’s a ride or die woman. Good for both of you 👏
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I lost $4m on a very (very) stupid acquisition and my wife’s immediate reaction was to feel sympathy.
Not even a millisecond of anger.
She said “I am so sorry that happened to you. I know how hard you worked on it.”
Lads, find a good woman and everything is good.
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@tyromper Love this. Similar story with how I met my wife
Max Anderson@MaxAnderson
Saw her at a party while traveling in NYC 11 yrs ago Gut punch. Most beautiful woman I’d ever seen Shot my shot, hit on her relentlessly She wasn’t having it. Complete and utter shoot down But got the tiniest glint of eye contact that lingered Never got her name Had dreams about her periodically for next few years (never happened with any other woman) 3yrs later on a work trip in ATL Forgot it was the week before MDW. Friends back in Seattle were all out of town for the holiday. Didn’t make sense to fly home Decided I’d go to ATL in the am and just buy cheapest ticket anywhere with a beach for the wknd Went to airport early Sat morning. Cheapest ticket was Miami, $60 Plane was empty. Didn’t check the weather. Turns out ticket was cheap b/c tropical storm hitting Miami 🤦♂️ Hunkered down in a hostel for 2 days Last day of MDW. Weather cleared up. Went out for a walk Girl across the street walking her dog caught my eye Couldn’t believe it Was her (turns out she lived in Miami and had just been traveling as well that night I saw her in NYC) Shot my shot again. She remembered me vaguely I had my camera. Asked if I could photograph her Spent the day walking around Miami Somehow this time my relentless hitting on her eventually broke through Spent the night together Next weekend she flew to see me in Seattle Long distance for a year. Traded off every 2 wks flying 7hrs to see each other Moved in together. Tiny apartment in LA. Neutral territory. New city to both of us Didn’t consider career/financial implications of relocating Had a lot of fun but went broke after six months. Had to break lease, apologized to our landlord (sweet lady) Moved to Mexico b/c literally too broke to live anywhere in the US Mexico was fun but went broke again and had to move to Guatemala (3x cheaper) Figured it out eventually. Clawed our way back. Never stopped traveling Rest is history Grateful for that tropical storm and this pup (Lady) We wouldn’t have crossed paths again if it wasn’t for a lot of luck and those two
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I was 29 & seeing a gal in Chicago that lived downtown & I was in Lincoln Park.
It took me 30 minutes to get across the city, park & get to her.
I told her it was too INCONVENIENT, I wasn't looking to settle down, & broke it off with her.
2 weeks later the most beautiful woman I had ever seen hosted a charity event in Chicago & I went. We hit it off. She lived 4.5 hours away in another state.
I did NOT find it INCONVENIENT at all to drive to her. I told her after one month I was going to marry her.
We celebrate 12 years of marriage next month.
Men are simple.
We will hunt & pursue what we really want.
No distance is too far & nothing is INCONVENIENT when we know.
Pamela@PamelaBies
Men don't cross oceans for their 'soulmate'. They marry the woman who's already in their daily orbit when they are ready to settle down.
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@jimdelisle From the country’s perspective, they’re internal
But from the government’s perspective, they are absolutely external obligations
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@MaxAnderson When you talk about unfunded Social Security obligations and the like, you were talking about “money we owe to ourselves. I will grant that the political process of dealing with these “self-obligations” will likely be nettlesome, but they are not the same as external obligations.
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This chart from WSJ is dangerously misleading and the truth is shockingly worse
US GDP:
➡️ $31.22 trillion
US federal “debt held by public”:
➡️ $31.26 trillion (100% of GDP) 🤔
➡️ this is the portion of our debt that’s owed to just outside investors
➡️ this is what’s in the chart and what the government wants you to think we owe
“Gross US federal debt”:
➡️ $39.19 trillion (125% of GDP) 😬
➡️ includes what the goverment already owes to Social Security
➡️ this is essentially the portion of our debt from the past that’s already outstanding in Treasury bonds
True total US federal debt:
➡️ $116.95 trillion (375% of GDP) 💀
➡️ includes unfunded obligations in Social Security & Medicare
➡️ essentially what we owe from the past + what we’re obligated to pay in the future
➡️ this is what we actually owe
Read that again. 375% of GDP
The US is far, far more financially fucked than the goverment and its shills at organizations like WSJ want you to believe
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@ErikVoorhees Beautiful put
Minus states seceding - that’s not a good outcome
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There were lots of people on the left and the right that thought Trump would cut spending.
Spending went up. It will go up next year and the next, and more again whichever clown next takes office
It does not matter who you vote for.
Nothing stops this train.
The sovereign bond market will collapse due to math, and it will shatter the world.
If you own government bonds you are retarded
If you’re a state, secede asap
stocks.apple.com/A25-A65g3TpKwZ…
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Put ice cubes or cold milk in your tea / coffee
William A. Wallace, Ph.D.@WilliamWallace
Drinking beverages above 65°C is a Group 2A carcinogen. The mechanism is thermal injury to the esophageal lining, repeated over years, driving chronic inflammation and cell turnover. Islami 2019 prospectively followed 50,045 adults in Iran for 10 years and measured tea drinking temperature objectively. People who drank tea at 60°C or higher had 41% higher risk of esophageal squamous cell carcinoma. People who preferred "very hot" tea had 141% higher risk. People who drank within 2 minutes of pouring had 51% higher risk than people who waited 6+ minutes. A separate cohort in Kenya (Middleton 2019) found 3.7 times the risk for "very hot" drinkers vs warm. Tea cools below 65°C in roughly 4 to 5 minutes in a standard mug. The threshold is the temperature, not the drink. Islami, Int J Cancer 2019: pubmed.ncbi.nlm.nih.gov/30891750/ Middleton, Int J Cancer 2019: pubmed.ncbi.nlm.nih.gov/30496610/
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