Zach Zangl

42 posts

Zach Zangl

Zach Zangl

@ZRZ_19

Finance, Business and Golf

Katılım Aralık 2021
210 Takip Edilen5 Takipçiler
Zach Zangl retweetledi
Zach Zangl retweetledi
X Freeze
X Freeze@XFreeze·
Elon Musk is merging Neuralink and Optimus to create the first real-world "Cyborg" capabilities And he is doing it for the people who were completely paralyzed even fully locked-in like Stephen Hawking, can communicate almost as fast as healthy people thanks to Neuralink and it’s only getting faster "Which is very cool, What we can do is use a Neuralink implant that is taking signals from the motor cortex of the brain and also receiving signals from the somatosensory cortex, and then give someone who's lost their legs 'Optimus legs'" Someone who lost their legs could walk again… and actually run faster than a normal human Elon called it a real-life “Six Million Dollar Man” but affordable, around $60,000 You could take the signals from the Neuralink in the mind that would be transmitting to the legs and transmit those to the attached Optimus robot legs
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Kenneth Shock
Kenneth Shock@Cyborg21·
What a time to be alive.
Bradford G Smith (Brad)@ALScyborg

Incredibly moving from @elevenlabsio: Musician Patrick Darling, who lost his voice to ALS at 29, delivers the first-ever live performance using an AI singing voice clone trained on old phone recordings. Back on stage with his bandmates, singing his original song — the raw emotion when they hear him again after two years is unforgettable. AI restoring identity, creativity & connection. ElevenLabs Impact giving free voices to thousands. youtu.be/a12kzKiWbbQ

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Camus
Camus@newstart_2024·
Brad Smith, the first person with ALS to receive a Neuralink brain implant, said something that stopped me cold. He described feeling completely trapped inside a body that no longer obeyed his sharp, fully intact mind — speech, swallowing, breathing, everything slowly shutting down while he remained 100% aware. Then Neuralink changed everything overnight. Suddenly he could control a cursor with his thoughts, type messages, browse the internet, and communicate in real time again — without eye strain or waiting for help. He called it “getting his voice and dignity back.” The difference between feeling locked in and being back in the driver’s seat of his own life was night and day. It’s one of the most powerful real-world examples yet of what this technology can actually do for people whose minds are sharp but whose bodies have been disconnected.
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Bill Ackman
Bill Ackman@BillAckman·
I am reaching out to the @X community for advice with the likely risk of sharing TMI. I have been sufficiently upset about the whole matter that I have lost sleep thinking about it and I am hoping that this post will enable me to get this matter off my chest. By way of background, I started a family office called TABLE about 15 years ago and hired a friend who had previously managed a family office, and years earlier, had been my personal accountant. She is someone that I trusted implicitly and consider to be a good person. The office started small, but over the last decade, the number of personnel and the cost of the office grew massively. The growth was entirely on the operational side as the investment team has remained tiny. While my investment portfolio grew substantially, the investments I had made were almost entirely passive and TABLE simply needed to account for them and meet capital calls as they came in. While TABLE purchased additional software and other systems that were supposed to improve productivity, the team kept increasing in size at a rapid rate, and the expenses continued to grow even faster. While I would periodically question the growing expenses and high staff turnover, I stayed uninvolved with the office other than a once-a-year meeting when I briefly reviewed the operations and the financials and determined bonus compensation for the President and the CFO. I spent no time with any of the other employees or the operations. The whole idea behind TABLE was that it would handle everything other than my day job so that I would have more time for my job and my family. Over the last six years, expenses ballooned even further, employee turnover accelerated, and I became concerned that all was not well at TABLE. It was time for me to take a look at what was going on. Nearly four years ago, I recruited my nephew who had recently graduated from Harvard and put him to work at Bremont, a British watchmaker, one of my only active personal investments to figure out the issues at the company and ultimately assist in executing a turnaround. He did a superb job. When he returned from the UK late last year after a few years at Bremont, I asked him to help me figure out what was going on with TABLE. When I explained to TABLE’s president what he would be doing, she became incredibly defensive, which naturally made me more concerned. My nephew went to work by first meeting with each employee to understand their roles at the company and to learn from them what ideas they had on how things could be improved. He got an earful. Our first step in helping to turn around TABLE was a reduction in force including the president and about a third of the team, retaining excellent talent that had been desperate for new leadership. Now here is where I need your advice. All but one of the employees who were terminated acted professionally and were gracious on the way out (excluding the president who had a notice period in her contract, is currently still being paid, and with whom I have not yet had a discussion). The highest compensated terminated employee other than the president, an in-house lawyer (let’s call her Ronda), told us that three months of severance was not enough and demanded two years’ severance despite having worked at the company for only two and one half years. When I learned of Ronda's request for severance, I offered to speak with her to understand what she was thinking, but she refused to do so. A few days ago, we received a threatening letter from a Silicon Valley law firm. In the letter, Ronda’s counsel suggests that her termination is part of longstanding issues of ‘harassment and gender discrimination’ – an interesting claim in light of the fact that Ronda was in charge of workplace compliance – and that her termination was due to: “unlawful, retaliatory, and harmful conduct directed towards her. Both [Ronda] and I [Ronda’s lawyer] have spoken with you about [Ronda’s] view of what a reasonable resolution would include given the circumstances. Thus far, TABLE has refused to provide any substantive response. This letter provides the last opportunity to reach a satisfactory agreement. If we cannot do so, [Ronda] will seek all appropriate relief in a court of competent jurisdiction.” The letter goes on to explain the basis for the “unsafe work environment” claim at TABLE: “In early 2026, Pershing Square’s founder Bill Ackman installed his nephew in an unidentified role at TABLE, Ackman’s family office. [His nephew]—whose only work experience had been for TABLE where he was seconded abroad for the last four years to a UK watch company held by Ackman—began appearing at TABLE’s offices and conducting interviews of employees without a clear explanation of his role or the purposes of these interviews. During this period, he made a series of inappropriate and genderbased [sic] comments to multiple employees that created an unsafe work environment. Among other things, [his nephew] made remarks about female employees’ ages (“Tell me you are nowhere near 40”), physical appearance (“Your body does not look like you have kids”), as well as intrusive questions about family planning and sexual orientation (“Who carried your son? Who will carry your next child?”). These incidents were reported to senior leadership at TABLE and Pershing Square. Rather than being addressed appropriately, the response from senior management reflected, at best, willful blindness to the inappropriateness of [his nephew]’s remarks and, at worst, tacit endorsement.” The above allegations about my nephew had previously been brought to my attention by TABLE’s president when they occurred. When I learned of them, I told the president that I would speak to him directly and encouraged her to arrange for him to get workplace sensitivity training. The president assured me that she would do so. When I spoke to my nephew, he explained what he actually had said and how his actual remarks had been received, not at all as alleged in the legal letter from Ronda’s counsel. I have also spoken to others at the lunch table who confirmed his description of the facts. In any case, he meant no harm, was simply trying to build rapport with other employees, and no one, as far as I understand, was offended. Ironically, Ronda claims in her legal letter that TABLE didn’t take HR compliance seriously, yet Ronda was in charge of HR compliance at TABLE and the person who gave my nephew his workplace sensitivity training after the alleged incidents. In any case, Ronda, as head of compliance, should have kept a record or raised an alarm if indeed there was pervasive harassment or other such problems at the company, and there is no evidence whatsoever that this is true. So why does Ronda believe she can get me to pay her nearly $2 million, i.e., two years of severance, nearly one year of severance for each of her years at the company? Well, here is where some more background would be helpful. Over the last two months, I have been consumed with a major family medical issue – one of my older daughters had a massive brain hemorrhage on February 5th and has since been making progress on her recovery – and I am in the midst of a major transaction for my company which I am executing from a hospital room office next to her . While the latter business matter is publicly known, the details of my daughter’s situation are only known to Ronda because of her role at our family office. Now, let’s get back to the subject at hand. Unfortunately, while New York and many other states have employment-at-will, there has emerged an industry of lawyers who make a living from bringing fake gender, race, LGBTQ and other discrimination employment claims in order to extract larger severance payments for terminated employees, and it needs to stop. The fake claim system succeeds because it costs little to have a lawyer send a threatening letter and nearly all of the lawyers in this field work on contingency so there is no or minimal cash cost to bring a claim. And inevitably, nearly 100% of these claims are settled because the public relations and legal costs of defending them exceed the dollar cost of the settlement. The claims are nearly always settled with a confidentiality agreement where the employee who asserts the fake claims remains anonymous and as a result, there is no reputational cost to bringing false claims. The consequences of this sleazy system (let’s call it ‘the System’) are the increased costs of doing business which is a tax on the economy and society. There are other more serious problems due to the System. Unfortunately, the existence of an industry of plaintiff firms and terminated employees willing to make these claims makes it riskier for companies to hire employees from a protected class, i.e., LGBTQ, seniors, women, people of color etc. because it is that much more reputationally damaging and expensive to be accused of racism, sexism, and/or intolerance for sexual diversity than for firing a white male as juries generally have less sympathy for white males. The System therefore increases the risk of discrimination rather than reducing it, and the people bringing these fake claims are thereby causing enormous harm to the other members of these protected classes. So what happened here? Ronda was vastly overpaid and overqualified for the job that she did at TABLE. She was paid $1.05 million plus benefits last year for her work which was largely comprised of filling out subscription agreements and overseeing an outside law firm on closing passive investments in funds and in private and venture stage companies, some compliance work, and managing the office move from one office to another. She had a very good gig as she was highly paid, only had to go into the office three days a week, and could work from anywhere during the summer. Once my nephew showed up and started to investigate what was going on, she likely concluded that there was a reasonable possibility she would be terminated, as her job was in the too-easy-and-to-good-to-be-true category. The problem was that she was not in a protected class due to her race, age or sexual identity so she had to construct the basis for a claim. While she is female and could in theory bring a gender-based discrimination claim, she reported to the president who is female and to whom she is very close, which makes it difficult for her to bring a harassment claim against her former boss. When my nephew complimented a TABLE employee at lunch about how young she looked – in response to saying she was going to her 40-year-old sister’s birthday party, he said ‘she must be your older sister’ – Ronda immediately reported it to our external HR lawyer. She thereby began building her case. The other problem for Ronda bringing a claim is that she was terminated alongside 30% of other TABLE employees as part of a restructuring so it is very difficult for her to say that she was targeted in her termination or was retaliated against. TABLE is now hiring an external fractional general counsel as that is all the company needs to process the relatively limited amount of legal work we do internally. In short, Ronda was eminently qualified and capable and did her job. She was just too much horsepower for what is largely an administrative legal role so she had to come up with something else to bring a claim. Now Ronda knew I was a good target and it was a good time to bring a claim against me. She also knew that I was under a lot of pressure because on March 4th when Ronda was terminated, my daughter had not yet emerged from consciousness, she was not yet breathing on her own, and my daughter and we were fighting for her life. I was and remain deeply engaged in her recovery while at the same time I was working on finishing the closing for the private placement round for my upcoming IPO. Ronda also knew that publicity about supposed gender discrimination and a “hostile and unsafe work environment” are not things that a CEO of a company about to go public wants to have released into the media. And she may have thought that the nearly $2 million she was asking for would be considered small in the context of the reputational damage a lawsuit could cause, regardless of the fact that two years of severance was an absurd amount for an employee who had only worked at TABLE for 30 months. She also likely considered that I wouldn’t want to embarrass my nephew by dragging him into the klieg lights when her claims emerged publicly. So, in summary, game theory would say that I would certainly settle this case, for why would I risk negative publicity at a time when I was preparing our company to go public and also risk embarrassing my nephew. Notably, she hired a Silicon Valley law firm, rather than a typical NY employment firm. This struck me as interesting as her husband works for one of the most prominent Silicon Valley venture firms whose CEO, I am sure, has no tolerance for these kinds of fake claims that sadly many venture-backed companies also have to deal with. I mention this as I suspect her husband likely has been working with her on the strategy for squeezing me as, in addition to being a computer scientist, he is a game theorist. My only advice for him is to understand more about your opponent before you launch your first move. All of the above said, gender, race, LGBTQ and other such discrimination is a real thing. Many people have been harmed and deserve compensation for this discrimination, and these companies and individuals should be punished for engaging in such behavior. Which brings me to the advice I am seeking from the X community. I am not planning to follow the typical path and settle this ‘claim.’ Rather, I am going to fight this nonsense to the end of the earth in the hope that it inspires other CEOs to do the same so we shut down this despicable behavior that is a large tax on society, employment, and the economy and contributes to workplace discrimination rather than reducing it. Do you agree or disagree that this is the right approach?
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Zach Zangl
Zach Zangl@ZRZ_19·
@elonmusk Still waiting for anyone at @neuralink to respond to emails or messages on X! I am ready to join a study ASAP
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Zach Zangl
Zach Zangl@ZRZ_19·
@elonmusk Where do I sign up? I am all game for this. @elonmusk - we have reached out numerous times and have never received a response from the team @neuralink
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Natural Philosophy
Natural Philosophy@Naturalphilosy·
“Practice any art… no matter how well or badly, not to get money and fame, but to experience becoming, to find out what's inside you, to make your soul grow.” - McKellen reciting Vonnegut
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Rolling Stone
Rolling Stone@RollingStone·
Vince Gill was asked to perform at the Kennedy Center Honors. The country music legend tells Rolling Stone why it was a difficult "yes." "That was a hard yes, but George [Strait] has been my friend for 43 years ... I did it for George."
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Holden Culotta
Holden Culotta@Holden_Culotta·
Tim Dillon: “The people cheering on this war in Iran have no fucking clue why we’re there.” “20 years after Iraq, everyone in this country has less money on average.” “And the same people that cheered that on are cheering this on.” “They have no morals.” “They’re a black hole.” “You say, maybe they have bad morals.” “No, no, no.” “They have no morals.” “People do not own homes.” “People do not have healthcare.” “People are in no better positioned financially than they were except the top tier.” “The people that cheered this on from their backyard in Long Island without a goddamn thought as to why we were doing it—it just felt good to them.” “It was a way to own the libs, by sending troops into a Middle Eastern country.” “These people are all hopped up on pharmaceuticals and French vanilla coffee creamer, and they have a bloodlust that is insatiable.” “The suburban American has a bloodlust that is absolutely insatiable.” “We’re becoming a sexless country.” “We’re a joyless country.” “Our only joy is in exporting violence and sitting back and watching it.” “They don’t care that we bombed a school of Iranian children.” “They don’t care because many parts of this country are a moral black hole.” @TimJDillon
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sysls
sysls@systematicls·
Excellence is ugly in its pursuit but beautiful in its destination.
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Hesse Philosophy
Hesse Philosophy@HermannHessed·
“You never know what worse luck your bad luck has saved you from.” — Cormac McCarthy
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Collin Rugg
Collin Rugg@CollinRugg·
NEW: Crowd goes absolutely nuts as Team USA female hockey stars Hilary Knight and Megan Keller are brought on stage during Saturday Night Live. The women were introduced after Team USA men’s stars Jack and Quinn Hughes. “It was gonna be just us, but we thought we'd invite the guys, too.”
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Clay Travis
Clay Travis@ClayTravis·
So awesome.
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Clay Travis
Clay Travis@ClayTravis·
Jack Hughes, winning goal scorer, with an absolutely perfect post game interview. “I love my country.” This is all we want from our national team athletes, just love the country as much as we do. Fantastic:
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Scott Van Pelt
Scott Van Pelt@notthefakeSVP·
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blue
blue@bluewmist·
Hard truth: If you wait until you feel better to start living, you might be waiting forever. Go live your life. Do it sad. Do it anxious, Do it uncertain. Because healing doesn't always come before the experience. Sometimes, the experience is what heals you.
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Camus
Camus@newstart_2024·
Dr. Erica Komisar just said what many parents whisper but few say out loud: Modern schools are built for girls, not boys—and we’re paying a steep price. Little boys (ages 3–6) surge with testosterone. They need to run, jump, play, burn energy. Instead, we sit them in circle time, demand emotional regulation, and label normal boy behavior as ADHD or “behavioral problems.” Result? Marginalized, stressed, diagnosed early, and tracked that way through school. Her fix if she ran the world: Separate boys and girls in the early years. Boys get multiple recess periods, short focused bursts, and space to move. Girls get a calmer environment where they feel safe taking STEM/math risks. Both thrive when not forced into the opposite gender’s learning style. Single-gender early education: Boys try art/music without teasing. Girls try science without self-consciousness. Evidence already shows it works. Parents/teachers: Do you see boys struggling more in today’s classrooms—or is this overblown? What’s one change you’d make to education for boys right now?
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