David Litwak

Agreed. We’re rebuilding the hyper local social club, think our generations version of the Italian American men’s club, and our thesis is similar to yours. We have plenty of opportunity for interactions with people in our city every day, the problem is curation and you don’t solve that through coloring spaces with no application process

I don’t see anything particularly unique about Neumann’s project. A range of “luxury” apartment tower options in any American city already offer this standard suite of amenities: - event calendar - office space - gym - pool / outdoor grills - etc. But the reality is inside these apartment complexes in Nova or the Seaport District or otherwise, despite the gating and the rhetoric of owners / yimby types, strangers still don’t really “spontaneously interact,” and that’s largely by choice. people don’t share close to enough in common and are busy. Further, these spaces and events tend to be far too stale and corporate to be interesting at all. So the spaces go unused and the events unattended. Reality is that most people want to choose who they spend time with and where. They don’t want to be boxed into some 5-in-1 shampoo / soap / conditioner / etc type pre-packaged combo lifestyle. This typically takes on a sort of fractal quality, accomplished either more organically through existing social relationships (e.g., there’s a bar your college friends go to) and institutional bonds (e.g., there’s a church you go to) —or through more explicitly vetted, curated, and aligned private spaces that the barrier of “can you pay X thousand $ / month?” isn’t sufficient to manufacturer.

@WillManidis @garrytan Not @maxwellsocial but I totally agree this is every other club.

the rapid rise of "private members clubs" in new york is a useful phenomena to watch. these clubs aren't "private" in any real sense, they simply exist to enforce norms (don't overhear people, don't photograph people, no fighting) that were enforced societally but are no longer

While I love the analytical way you thought about it maybe your way of engaging in the world is the real factor in your expected ROI here. What if you went into new interactions with vulnerability, more of a YOLO attitude, skipped the small talk completely. While I agree you need repeated interaction and time invested to build friendships there is a reason groups, from church groups to fraternities to business school to fellowships and retreats start by jumping straight to vulnerability in some form and short circuiting your process.

We’re starting to assemble spvs at Maxwell for our members and considered starting a fund but we realized we dint have the track record for LPs. So in all likelihood we’ll have to do more consensus deals than I would otherwise like because raising small checks on AngelList only works if it is an obvious yes. That there is the problem — if LPs aren’t willing to take risks on emerging managers they won’t be able to take risks on riskier ideas, feel like the origin of the problem is with them.

I keep having the same conversation with early-stage, pre-seed and seed emerging manager friends. They’re hustling. They’re grinding. They’re doing the unglamorous work of building real funds. And at the same time, they’re watching people outside of tech raise SPVs and make meaningful money in a few years. Then the math hits. Even if they raise a fund and 5x it, they may make less money over 10+ years than someone who ran a handful of SPVs and crystallized carry in 24–48 months. That realization is deeply demotivating. It doesn’t just affect personal income. It starts to erode the incentive to take risk, to back weird founders early, to do the long, illiquid, reputation-heavy work that early-stage venture actually requires. When more people choose SPVs over funds, the downstream impact is real: fewer new funds, fewer companies getting funded, more consensus capital, safer bets, fewer outliers.

@cb_doge Bannon is far from a democrat . . . Could be because Elon musk is incredibly famous and outside political wonks (bannon) and tech twitter (Hoffman) the other two are largely unknown to the average person.

Steve Bannon - Best friends with Epstein - Hundreds of texts with Epstein - Money laundering, Gifts, politics, border wall plans, even a doc to rehab Epstein’s image - Likely visited the island multiple times Reid Hoffman - Hundreds of emails - Confirmed visit to the Epstein Island - Sent gifts to the island and “for the girls” - Lying about his relationship with Epstein Elon Musk - Never visited the island - Declined every single invitation - Calling for full prosecutions + offering legal help for victims to tell the truth Why does the media attack Elon Musk so hard with fake and twisted stories, but stay mostly quiet about Bannon and Hoffman? Because the media is controlled by Democrats. They protect people on their side and go after people on the other side. That’s why it’s important to share 𝕏 links with your friends and family, so they can learn the truth for themselves.

Republicans benefit massively from senate votes that give rural states (that had those slave owning populations) more power. If there is a disparity in electoral power that is unfair it’s probably slanted towards the party that has won multiple elections while losing the popular vote . . .

Literally the same party

I think his point is that there are a lot of non complex SaaS software that is borderline rent seeking — I don’t really know what maintenance zendesk does to rationalize their costs — I’d imagine it supports a sales team and profit and the margin is earned partially off the legacy software built that is hard to rebuild. If it’s easy to rebuild you can argue well you’ll still need a sales team but you could also argue that a solution at a fraction of the price will sell itself . . .

@signulll Because it won’t scale and you need people to service it and you need to build a business around it. Eventually burdened by and becoming the thing you meant to disrupt Software is easy ish to build but running and scaling a business is still just as hard.

i’m absolutely loving the saas apocalypse discussions on the timeline right now. to me the whole saas apocalypse via vibe coding internally narrative is mostly a distraction & quite nonsensical. no company will want to manage payroll or bug tracking software. but the real potential threat to almost all saas is brutalized competition. i.e. ai doesn’t need to magically recreate salesforce. it just needs to make it trivial for tiny teams to deliver functionally equivalent outcomes at a fraction of the cost. once that happens, pricing power potentially collapses. imagine payroll… today you’re paying a fat margin for “trust + compliance + saas software” that increases prices so fucking often. like we have a startup & everyone is charging us up the ass for everything on a per seat basis. you can imagine tomorrow a 2 person shop empowered by ai can ship the same output, hit the same regulatory checkboxes, & charge 70% less because their cost structure is basically nil. today saas margins exist because: - engineering was scarce - compliance was gated - distribution was expensive ai nukes all three in many ways, especially if you’re charging significantly less & know what the fuck you are doing when using ai. if you go to a company & say we will cut your fucking payroll bill by 50%, they will fucking listen. the market will likely get flooded with credible substitutes, forcing prices down until the business model itself looks pretty damn suspect. someone smarter than me educate me on why this won’t happen please.

@auren Probably correlated to what industries make less money so the only thing to trade is social capital and status, so people fight over that and stab eachother in the back

Tech has the fewest assholes per capita. Politics has the most

@crosbylegal @IndexVentures @BainCapVC @eladgil @sequoia @CooleyLLP @patrickc congrats dude!

We’ve raised a $20M Series A from @IndexVentures, @BainCapVC, and @eladgil, with participation from @sequoia, @CooleyLLP, and @patrickc It took us 173 days to review our first 1,000 contracts. Now, we do this every three weeks. Even as we’ve scaled, we’ve kept our signature speed. We send back over 90% of redlines in just a few hours. Each month, 30% more GTM teams choose to partner with Crosby to close deals faster, and we’re grateful to support several of the fastest-growing companies in history like @cursor_ai, @Polymarket, and @baseten Our mission is to fully automate human-to-human negotiation. If you’re excited about building the platform to simulate and solve every complex agreement, we’d love to hear from you.

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@garrytan Only works if they play by the same rules. Real leadership isn’t just rolling over and standing on principal while your rights get taken away.

Real leadership in California would advocate for the opposite of gerrymandering, not gerrymandering for the opposite party Fair districting counters gerrymandering using neutral rules like compactness (no odd shapes) to achieve equal population. If only we had that in CA

@pitdesi If you understand burning man as a conspicuous consumption status symbol this is kind of like saying 4/10 of the largest founders own Rolex watches. Really doubt these guys are going to the desert to engage in barter exchange and leave no trace camping lol.

The founders of 4 of the 10 largest companies in the world are burners, and I don’t think that’s a coincidence. Elon, Bezos, Sergey and Larry are regulars (& have each been going for a very long time). Zuck just went once afaik.

The Associated Press chose not to highlight the suffering of hostages like Evyatar David—who is deliberately being starved and forced to dig his own grave—but instead to focus on the “struggles” of Hezbollah, a U.S.-designated foreign terrorist organization that has fired over 10,000 rockets at Israel since 10/7. The media narrative suggests that Hezbollah, which has murdered hundreds of Americans, deserves our empathy. Here’s a radical thought: empathy should be reserved for the victims of terror rather than the terrorists themselves.

Some VCs will fight to the death for your right to stare at TikTok all day, but won’t lift a finger for mRNA tech that saved millions.

@yrechtman Would love to host your next one @maxwellsocial

The city should be a great place to build a business AND should take full advantage of our entrepreneurial spirit to make government work better. RSVP and join us on August 6: lu.ma/1iibc13y?tk=0f…

I'm partnering with @abundance_ny, @Lux_Capital, and @CompanyVentures on a Tech for Abundance event. ​New York City is in flux, politically and technologically. Old paradigms of liberal governance are being challenged by adherents of abundance as AI disrupts industries.

@JohnathanBi I mean, my honor technically ;)

I will duel anyone who insists otherwise

This scene from The Dictator isn’t even satire anymore 😂

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@APompliano You’re starting to be a mockery of yourself. If you can’t even call a tax a tax and just say “some will agree, some will disagree” you’re a wuss. Tariffs are an import tax, period, hard stop. Jesus.

Peter Navarro is on CNBC right now saying the tariffs are a tax cut, because the revenue extracted from foreign countries will slow the national debt and allow for a large tax cut to the American people later this year. Some will agree, some will disagree. Everyone should at least understand this is the boldest economic policy change in our lifetime.