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@SavvyShredder

Love startups and snowboarding | B2B Fintech | Private Investor

Katılım Şubat 2023
919 Takip Edilen113 Takipçiler
Steve Huynh
Steve Huynh@ALEngineered·
If you work for a company selling software, your days are numbered. It’s just a matter of time before the frontier AI labs either fold your functionality into their model or have a model powerful enough to copy your featureset. You want to be working for a company that sells services, aka outcomes.
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Austin Federa | 🇺🇸
Austin Federa | 🇺🇸@Austin_Federa·
I've discovered a retail business in NYC that generates nearly twice the revenue-per-square-foot as the world's highest selling retailer. No financial services, no weird gimmicks, it's selling honest to good consumer products and staples. Any guesses?
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savvy@SavvyShredder·
@Austin_Federa Will never happen b/c then politicians will be unable to complain about income inequality
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sourcery
sourcery@sourceryy·
.@friedberg says "California is functionally bankrupt": "People don't realize how screwed California is. I worry that if California falls, so does the union." "We're $250 billion to $1 trillion short." "If it was the federal government, they would just print more money. California doesn't have the ability to print money, so California has to pay this out, and you can't restructure retirement benefits." "There's a Supreme Court case in California that said once an employee has been offered retirement benefits, even if they're currently an employee, you can never restructure their retirement benefits. It has to stay forever." "And the state cannot declare bankruptcy. There's no way for the state to functionally declare bankruptcy. There's no law to allow it." "No state has ever declared bankruptcy, and the the retirement benefits sit senior to the bonds in California. So you have to pay out the retirement benefits before you pay out all the bond holders that have loaned California the money that they use to run all their programs and services." " This isn't about taxes and Billionaire Tax Act. I don't think you can tax your way out of this problem. People will just leave the state." "California's functional bankruptcy is a major risk to the country and we need to figure out what we can change to fix it." At the @HillValleyForum 2026
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James Lindsay, anti-Communist
James Lindsay, anti-Communist@ConceptualJames·
You've probably heard this before, but it's always worth repeating. Something extremely cool about the "Star-spangled Banner," the American national anthem, is that it asks a question, and it's the question at the heart of everything in the American worldview. "Oh, say, can you see By the dawn's early light What so proudly we hailed At the twilight's last gleaming..." So the anthem begins with a question and a scene. One man, a patriot, is asking another man, another patriot, "can you see it?" at sunrise after a long, dangerous night. The "it" in question is going to be revealed to be the flag, our "star-spangled banner," which they had last fully recognized and honored as the sun set, daylight failed, and night crept over them the evening before. Can you see it? Say! Can you see it?! IS IT STILL THERE?! "Whose broad stripes and bright stars Through the perilous fight O'er the ramparts we watched Were so gallantly streaming..." Here we find that the "it" is in fact the flag, our star-spangled banner, and we learn why the question is being asked. The flag is described as having flown and streamed gallantly over ramparts of war through a perilous fight. All could have been lost. The flag, and even the fledgling country for which it stands, one nation under God and indivisible. Say! Can you see it? Now that the light is back? IS IT STILL THERE?! "--And the rockets' red glare, The bombs bursting in air, Gave proof through the night That our flag was still there!--" They could see it through the battle in the light of the rockets and bombs that threatened them, here and there in quick glimpses. But it was still there throughout! But now? At dawn? Say! Can you see? IS IT STILL THERE?! "Oh, say, does that star-spangled banner yet wave O'er the land of the free And the home of the brave?" The urgency is palpable with every refrain. They have to know. It's the first thing they must know as the sun begins to light the sky, even before it rises. IS IT STILL THERE?! Say! Say!! Can you see? Can you see it?! At the heart of every American beats the fundamental truth and reality that what we have here is precious, that it's worth fighting for, to the death if necessary, and that it's fragile. That at any moment it can be lost. That we have to remember to look for it because last night might have been the night in which it failed. Every day, every year, every generation. The American fight for freedom, to live in self-governance within ordered liberty, is ongoing and never-ending. The price of the land of the free is that it must be the home of the brave. We have to defend it, defend it, and defend it again, against all enemies foreign and domestic, because what we have is amazing, rare, fragile, and worth every cent of treasure, every drop of blood, and every risk to our sacred honor to protect it. Our anthem is not a declaration. It is not a proclamation. It is not a statement. It is a question. Every time we sing our wholly unique national anthem, we as American ask the question again. IS IT STILL THERE?! Are we still America? Does that star-spangled banner yet wave? Because it's a question, the answer is not known. It is not a guarantee. It cannot be taken for granted and isn't. And what an honor to ask and take up our part in the story, in the American Experiment, in the greatest country the world has ever known. For tonight, the last night of our first 250 years, as the sun gave way to twilight's last gleaming and darkness overtook our land once again, the answer was still yes. We can see it even tonight in the red glare of rockets, with small bombs bursting in air, fill the sky with the noble tribute of fireworks once again. And we all ask ourselves, will it still be flying at dawn? This is what it means to be an American. Happy 250th, America! Now for many happy returns! 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
James Lindsay, anti-Communist tweet media
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Ron DeSantis
Ron DeSantis@RonDeSantis·
As we prepare for tomorrow’s 250th anniversary, it is worth remembering the 50th anniversary of American independence, in 1826. John Adams and Thomas Jefferson had been bitter political rivals but later developed a friendship through letter exchanges. Laying on his deathbed on July 4, 1826, Adams’ last words were, “Thomas Jefferson still survives.” In reality, Jefferson had passed away a few hours earlier. Two prominent American founders both passing away on America’s 50th anniversary — how providential is that?
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Konstantin Kisin
Konstantin Kisin@KonstantinKisin·
This is because the anti-capitalist left is not actually against people being crazy rich. They're against certain types of people being crazy rich. Artists and athletes make sense to them because they've played music and sports and because their success can be explained by "luck" and "talent". Messi's wealth is not offensive to them because they understand Messi is much better at football than they are. But when it comes to business, the anti-capitalist leftist has no framework for understanding why Jeff Bezos might be super rich since 99% of them have never ever created a product, business or service that was of value to other people. They've never taken entrepreneurial risk. They've never employed people and felt the burden of responsibility that comes with that. They've never pick up a business and given it a play in the way they've picked up a ball or a guitar. They *literally* don't understand wealth creation. They think there is a fixed amount of money and the only thing a business does is split it unfairly. It's why they rage at Elon and other successful business leaders. Because they genuinely don't understand why they're wealthy. Also, and this is just as important, athletes and artists are disproportionately young, attractive, "diverse", left wing etc. Business leaders are "evil" middle aged white men whose success offends the average anti-capitalist leftist because they don't understand a) what it is they do and b) that Elon Musk has the same talent advantage on them as Messi does, it's just harder to measure.
Rob Henderson@robkhenderson

It’s criminal the CEO makes 400X what the average worker makes but it’s perfectly fine that Taylor Swift makes 100000X more than the people who clean the arena after her concerts. A just society is one that rewards the exceptional qualities of the musician but not the executive.

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chase
chase@therealchaseeb·
@laurashin Kinda crazy you don't even question this, laura.
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Laura Shin
Laura Shin@laurashin·
"Ethereum has a million contributors and a million validators. Solana has less than 800 validators and 92% running on one client" Joseph Chalom pushes back on the idea that Ethereum has a culture problem "There's this view that Ethereum has something around the narrative that's missing. Just look at the scoreboard again. It passed a million contributors to the code and the ecosystem. I'm not sure there's any open source blockchain project that's even close" "It has over a million validators when Solana has less than 800. It has five or six credible diversified software clients, whereas 92% of Solana is running on one client software system the last time I checked" "All the elements that matter, uptime, liquidity, developer community, composability, Ethereum is leading by miles"
Laura Shin@laurashin

Ethereum Now Has Another Institutional Sales Arm. Will It Work? x.com/i/broadcasts/1…

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savvy@SavvyShredder·
@NiohBerg Same goes for moving to a new city but still rooting for the sports team of your old city
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Jarvis
Jarvis@jarvis_best·
Everyone dunking on NPR because they published fake news on accident but I think it’s a welcome break from their usual practice of publishing it on purpose.
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savvy@SavvyShredder·
@ZubyMusic Imagine if we could have democracy but without politicians
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ZUBY:
ZUBY:@ZubyMusic·
I'm convinced that people like 'democracy' in theory far more than they do in practice. I get that on paper, it should consistently result in decent leaders who represent the people, but in reality it doesn't.
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Sam Schubert
Sam Schubert@minnus·
Spot volume on @solana has just flipped Bybit. Only Binance is still ahead. Binance: $9.3B Solana: $3.0B Bybit: $2.6B Coinbase: $2.0B Kraken: $1.3B
Sam Schubert tweet media
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Akshay BD
Akshay BD@akshaybd·
capital markets are about to turn active -- because of Solana, @Backpack and @sunrise (i'm unemployed and lazy, so i used ai to clean it up but its a summary of my tweets from the past year) here's the thesis: active will make a comeback -- not as a promise that stock-pickers beat the market (in aggregate they can’t), but as a category that captures flows and fee revenue at internet scale. why? because the investable universe of assets is expanding faster than indices can absorb it, distribution is collapsing into a one internet native layer, and tokenized equities on Solana are the rail where it converges. the passive default is cracking. the mag7 are ~35–40% of the S&P 500 at ~31x forward earnings vs ~20x for the other 493 — “the index” is now a concentrated bet on seven names. capital is already rotating ex-US (+32% vs +17% in 2025). the rails already exist, and the prize is huge. stablecoins are a ~$300B dollar network sitting in pockets worldwide; tokenized stocks are simply the next asset on rails that already move trillions. against ~$154T of global equity sit ~5bn smartphones and only a few hundred million brokerage accounts -- that access gap = the opportunity. the frontier is active by construction. you cannot index pre-IPO names, un-listed foreign firms, or long-tail equities that have no index yet -- participating in them is active by necessity. Solana already carries ~97% of tokenized-equity volume, and it compounds: a token is one shared object every app, AMM, and frontend can plug into. distribution becomes a commodity. once a stock is a token, any fintech app can be Robinhood and any creator can be BlackRock -- spin up a basket, earn a recurring AUM fee. the supply of active products explodes. the swarm is structural. gamestop was a preview... retail is ~21% of US equity volume and growing, and the coordination machinery is getting smoother - Reddit/X to trade in one click is the end state. capital formation becomes national security. in a fragmented, higher-rate world, states compete to pull global capital into domestic assets -- the UK’s digital gilt, Hong Kong’s digital bonds, and the US using stablecoins to fund its own treasuries. the state will get out of the way and accelerate this for a change. tldr: passive weakens, the investable universe expands beyond indices, distribution commoditizes, the internet-native investor base grows, and states accelerate the rails. active investing comes back -- not as one manager beating the market, but as the category that absorbs the next wave of assets, flows, products, and fees. the prize is the rail where it converges.
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Laura W.
Laura W.@BumpstockBarbie·
@shaunvlog_ @fliprich1 That’s a raccoon! Here’s mine, I named her Biscuit! She visits our porch every night and she likes marshmallows lol
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GunsNGunpla
GunsNGunpla@GunsNGunpla·
@japan_nobunaga I grew up with 15%. I'm not against tipping more, but inflating the baseline which is already a percentage of rising cost feels like double dipping to me.
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savvy@SavvyShredder·
@GroverNorquist Why only 5%? If he believes “wealth inequality is the moral failure of our time” then he should give 98% of his wealth to the US Treasury.
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Grover Norquist
Grover Norquist@GroverNorquist·
Here is my open letter to Congressman Ro Khanna urging him do do the "right thing" and voluntarily pay the "wealth tax" that he wishes to impose on others. atr.org/grover-norquis…
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Ellie 🥷 | eventninja.sol
Asking for a friend 👀…Breakpoint 2027 in America 🇺🇸…Just curious If you could choose between these two locations, where would you want it to land between these two cities:
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savvy@SavvyShredder·
@therealchaseeb This article should have been written fully onchain
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