Dopus4.69

@raqisright Lmao Instagram is for girls

@PhilipJohnston There are more stupid people with MBAs than smart ones

Advice for any MBA that wants to found a tech company: 𝗗𝗼𝗻’𝘁 𝗳𝗼𝘂𝗻𝗱 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂𝗿 𝗠𝗕𝗔 𝗰𝗹𝗮𝘀𝘀𝗺𝗮𝘁𝗲!! This seems very obvious to me but I find myself having to tell people this again and again 🤦‍♂️🤦‍♂️🤦‍♂️

nerds tweeting about keeping their laptops open even cursor GTM dorks are just strolling around north beach texting cloud agents

@mylesndav youtu.be/Fo4746XZgw8?si… Also good if you haven't seen

@dopus469 🫡

the devin comeback arc is currently my favorite show

@mylesndav Thank you

@dopus469 here you go boss trygravity.ai

@mylesndav Still don't bc idk what gravity is

@dopus469 now you do

@wolfejosh How fuckin big is that guy

Was fortunate to count Stan Druckenmiller as one of Lux's first fund investors/LPs. Forever grateful. With Stan + the brilliant visionary Sender Cohen...

China trip off to a bang for $TSLA $AAPL that's what Xi said

@dl_insider @aakashgupta Psyop

@aakashgupta How is this possible, I don't know anyone using Devin?. Weird.

Devin's numbers just came out. And they're wild. $1 million in ARR in September 2024. $445 million run rate today. Usage doubling every eight weeks. Cursor held the all-time SaaS record at $1M to $100M in 12 months. Devin crossed that line in roughly 10. Cursor reached $100M through 360,000 individual developers at $276 ACV. Devin reached it through the US Army, Goldman Sachs, Mercedes-Benz, Citi, Dell, Cisco, and Palantir. The United States military pays production rates for an autonomous coding agent. Cognition is now raising at $25 billion. That's 56x run rate. Cursor cleared $9.9B at a similar multiple last May, and the multiple held because the curve hadn't bent. The unusual part isn't the price. The unusual part is that the doubling is still happening at $445M. The buried number is the burn. Cognition has spent under $20 million cumulatively since founding two years ago. Most Series B companies spend that in a single year. Devin's $445 million was built on Series A money. Then the Windsurf paragraph. Google paid $2.4 billion in licensing fees in July to pull Windsurf's founders out the door. The remaining company sold to Cognition inside 72 hours for a fraction of that. Combined enterprise ARR rose more than 30% in seven weeks post-close. Less than 5% customer overlap pre-acquisition. Google paid two and a half billion dollars to hand Cognition the IDE distribution layer. In March 2024, independent testers said Devin completed 3 of 20 tasks. The internet called it a fake demo. Two years later, that product codes for the US Army.

Hot take: We need to replace Central Park with the world's largest data center

what inning are we in? the game hasn’t even started yet. it’s years earlier. we don’t even know what baseball is. tomorrow is our first day of tee ball. we just wrapped a ball in our new glove with a rubber band and shaving cream.

Someone can certainly *make* a billion dollars. That’s not the same thing as earning. Growing fast and disrupting markets also often means chasing and wielding market power, political influence, and scale. Take Airbnb. They heavily lobby politicians against passing housing laws to protect working class residents because it’s bad for their business model. Airbnb could not exist at its current scale and size without the housing market destabilizations, displacements, and exploits that are supercharging the evictions of working people everywhere from Puerto Rico to Jackson Hole. Now young people are planning for a future where they will never be able to afford to own a home while others have 20 and live off renting it out to them at extortionate rates with zero protections. Yes, a tiny amount of people can make billions of dollars doing that. And millions of everyday Americans are bearing the cost.

A virus with a 30-50 percent mortality rate is slowly gaining steam and god help us if it goes crazy. Thanks to Donald the CDC and other organizations have been pillaged and put out to pasture. This is life in Donald Trumps America.

@theodormarcu I actually feel like the only ppl who use Devin is you guys

cognition engineers (myself included) wouldn't be able to run a dozen of devins at a time without devin review when you can generate code at the speed of thought, the bottleneck becomes reviewing and verifying that code devin review and quick review addresses that, and it'll only get more ambitious from here

@claudeai @AnthropicAI @SpaceX

We’ve agreed to a partnership with @SpaceX that will substantially increase our compute capacity. This, along with our other recent compute deals, means that we’ve been able to increase our usage limits for Claude Code and the Claude API.

@nico_laqua @UseCorgi Lfgggg

Today, @UseCorgi is announcing a $160M Series B at a $1.3B valuation led by TCV. This new round of funding will help us scale what we've built and expand into new verticals including trucking, payroll, and small business. This follows our $108M Series A that we announced 16 weeks ago, bringing total funding to over $268M.

Elon rules.