blake janover

Insane work ethic is still a competitive advantage.

@jasonlk The bull case for VMS :)

"Today, in the Age of AI, it's just harder and harder to invest in smaller TAMs. In smaller markets. The best founders do grow their TAMs. It's just, when the biggest and the best in AI are so huge today, and get there so quickly, it's harder and harder to invest in things that look ... small today." with @HarryStebbings + @rodriscoll

@jasonlk @thesamparr This is a pretty good case for AI reinforcing incumbent SaaS moats and growing of the pie vs the alt.

@thesamparr Replit has native HubSpot integration

I love Hubspot (we use it) But I don't want to design landing pages anymore. I want claude to do my landing pages for me in Hubspot. I can't figure out how to solve this problem, though. Anyone know how to?

We have officially started drilling the first borehole for our data acquisition well in Parsons, Kansas -- a major milestone as we move from planning and engineering into active field development. Check out our website for the full announcement.

We’ve raised $80 million in new financing to accelerate commercialization of our advanced nuclear technology. Blue Owl Capital’s Real Assets platform is a new strategic relationship, and a Blue Owl managed fund participated in the round. Full announcement on our website.

DAT preferreds are quietly creating a new asset class. @apyx_fi is built to capture it. @defidevcorp (DFDV) was the first non-Bitcoin DAT in the US, and we've filed to issue our own variable rate perpetual preferred. Running a DAT is what got me so excited to work on Apyx. A year ago, there were a handful of DATs. Now there are nearly 200. The initial flywheel was: trade at a premium to NAV, issue stock, buy more crypto, grow crypto per share. That flywheel has slowed. NAV premiums have compressed and capital raises have gotten harder. Enter variable rate perpetual preferred stock. @MicroStrategy and @saylor pioneered this with STRC — a preferred that targets a $100 price and pays a variable monthly dividend. When STRC drifts from $100, the board adjusts the rate to push it back. It's essentially an algorithmic stablecoin backed by Strategy's entire balance sheet. @strive followed with SATA. DFDV has filed on similar terms. These preferreds extract volatility from the price and push it into the dividend rate, which transfers that volatility to the common stock. DATs want this — more vol means better convertible debt pricing, more opportunity to sell stock at premiums, and more opportunity to buy back below NAV, all of which are accretive for the DATs. I expect many DATs will issue instruments like these. As long as treasuries are managed carefully and crypto grows over 5-10 year horizons, these preferreds will be very successful — and there will be a lot of them. This is where Apyx comes in. Apyx is a stablecoin protocol backed by a basket of DAT variable rate perpetual preferreds, which currently yield 11%+. Diversifying across issuers reduces concentration risk while capturing higher yields from smaller DATs. Apyx uses a two-token model similar to Ethena's USDe/sUSDe: apxUSD is a non-yield-bearing stablecoin designed as collateral across CeFi and DeFi, while apyUSD captures yield from all the backing assets — providing leveraged exposure to pref yields, potentially well above 11% APY. Apyx is my bet that this trend has legs — and that crypto-native infrastructure is the best way to unlock the value in these instruments. Blog: blog.apyx.fi/introducing-ap… Website: apyx.fi Docs: docs.apyx.fi

@nikitabier shareholder value

In 2 words, what is your purpose in life?

Which stock has the COLDEST “told you so” moment this cycle?

@ajhodls How come I never hear VCs list selling it as a third option?

i talk to a lot of founders who are limping along but the company is still surviving. there is no easy path forward. option a.) slug it out, no clarity in sight on growth paths. option b.) shutdown, fire remaining team. often they choose to stay the course, though often not because they have conviction on the path forward, but because it's the easier path. nobody likes to admit defeat. the truth is, life is short. with entrepreneurship, you only get dealt a few hands. if you drag out a failure, you're reducing your chance of getting a great hand where you can go all-in. you need to have maniacal conviction and energy, otherwise you're not going to make it. it's counterintuitive, but sometimes the conviction to shut down and move onto what's next is often a stronger signal of a great founder.

If you live close to Boca/Delray and are playing with Ollama and building in DeepSeek, QWen, Kimi, or the more patriotic Llama and are looking for PT or internship work (you're in college, highschool, w/e), drop me a DM; and if you know someone that sounds this nerdy, tag them.

This seems broadly correct; and if it is, then perhaps we can expect rates at the long end of the curve to at some point at least be temporarily reined in by the hand of the fed in lieu of the invisible hand.

iv) take action; v) measure results; vi) back to step (i).

Your use of AI wont give you a competitive advantage for much longer. As AI becomes ubiquitous, your competitive advantage will arise not from total usage (though that's table stakes at this point) but from asking better questions. Better questions are always the source of better answers.

@blockspaceforce Star studded team!

Contrarian take: Increased number of commitments creates a forcing function for focusing on highest leverage activities within each constituent commitment, particularly the North Star one. Also, If thoughtfully designed create (1) larger luck surface area and; (2) new mental models for North Star commit.

Your capacity for excellence is inversely proportional to your number of commitments.

@shaneparrish The entirety of my emails are generally in the subject line.

the longer the email, the less likely the recipient acts on it

Great way to end the week with @defidevcorp. We put on our best suits and rang the closing bell at the @Nasdaq today… in true DFDV fashion. Great fun, with a great community. More to come!

unless you're in prison or dead, then whatever you did in the tunnel is stickier.

hogwash. every single moment is an opportunity to strip everything down to zero and start over.

@RyanHoliday The old man and the sea.

Don't just read books, re-read them. What is your favorite book to re-read?

$SOL: The Nasdaq of crypto $DFDV: The crypto of Nasdaq