Nukey

i am excited to see what will happen with tokenmaxxing startups, both for how they work internally and the products they can build. openai offered to invest $2M in tokens into every startup in the current yc batch. happy building!

T minus ~30 minutes until $CBRS goes live at $185/share on Nasdaq. Quick recap on how things progressed: > $115-$125 range filed May 4 > Bumped to $150-$160 on May 11 > Priced at $185 the night of May 13 > Trading at nearly 2x on Perps $56B+ valuation. $5.55B raised. Officially one of the largest US IPOs ever and the biggest tech IPO of the year. > $25B+ backlog vs $56B valuation - still a strong backlog to MC ratio for an AI infrastructure company at IPO > $510M 2025 revenue with 47% net margin (76% YoY growth) > OpenAI 750MW multi-year deal, $AMZN AWS deal already signed, $META as a customer > 20x oversubscribed at the original range, IPO priced well above the revised range > Customer concentration risk (G42 was 24% of revenue last year) When the largest AI hardware IPO of the year prices 48% above its original range with $5.55B raised… the market is telling us where we should stack our investments. Validates the entire AI infrastructure thesis. Validates the “alternative to $NVDA” thesis. Most importantly, this reaffirms institutional capital is still flooding into this supercycle at scale. And no, you don't need to invest in $CBRS directly... We've pointed out many proxy plays. And every single asymmetric opportunity we've highlighted recently will benefit from capital & demand flowing into the ecosystem.