Jeff Shaw

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Jeff Shaw

Jeff Shaw

@duh

I'm Jeff Shaw...duh. Founder, investor, wine lover... and the Shrimp of poker.

San Francisco Katılım Haziran 2007
206 Takip Edilen209 Takipçiler
Jeff Shaw
Jeff Shaw@duh·
It’s degen white collar gambling. Even with an 8-figure strong case, I learned recently that top law firms clamor to get these cases and will do it on contingency yet almost always prefer to just seek civil damages and skip the qui tam because it’s faster to settle privately than actually prove the obvious fraud. So do I want to gamble my $500k personal cash to have an 80% shot at $6M payout? Math says yes but it’s the same reason I don’t play WSOP Main Event every year.
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Chamath Palihapitiya
Chamath Palihapitiya@chamath·
No idea this existed until today. People can make billions ratting out the fraud: What is “qui tam”? Via Gemini: “Qui tam is a legal provision that allows a private individual (known as a relator) to file a lawsuit on behalf of the government to recover funds lost to fraud. The term comes from the Latin phrase qui tam pro domino rege quam pro se ipso in hac parte sequitur, meaning "he who brings the action for the king as well as for himself."  In California, these actions are primarily governed by the California False Claims Act (CFCA), which is modeled after the federal version but tailored to protect state and local taxpayer money.  How Qui Tam Uncovers Fraud in California: The CFCA is designed to incentivize "insiders"—employees, contractors, or competitors—to expose schemes that the government might not otherwise detect.  1. Common Types of Fraud Reported • Healthcare/Medi-Cal Fraud: Overbilling, "upcoding" services, or billing for treatments never provided.  • Contractor Fraud: Using substandard materials on public construction projects or inflating labor hours.  • Grant & Education Fraud: Misusing state funds provided to schools, universities, or research institutions. • Procurement Fraud: Conspiring to rig bids for state contracts or providing defective products to state agencies.  • "Reverse" False Claims: Intentionally underpaying money owed to the state (e.g., hiding a debt or under-reporting natural resources extracted from state land).  2. The Process: Filing "Under Seal" To uncover fraud without alerting the bad actor, the process follows a specific "cloak and dagger" procedure:  • Confidential Filing: The whistleblower files the lawsuit in secret (under seal). Not even the defendant knows they are being sued yet.  • Government Investigation: The California Attorney General (or local prosecutor) has 60 days (often extended) to investigate the claims privately.  • Intervention Decision: The government decides to either intervene (take over the case) or decline (let the whistleblower pursue it on their own).  Whistleblower Rewards and Protections California offers some of the strongest incentives and protections in the nation to encourage people to come forward.
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Jeff Shaw
Jeff Shaw@duh·
@ycombinator @flowglad The fact that I can VIBE CODE my payment rails with confidence is unreal and a huge time & money saver. For my next startup we're obv using @flowglad... simple decision, @duh !
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Y Combinator
Y Combinator@ycombinator·
.@flowglad is an open-source, zero-webhook payments provider. Their full-stack SDK lets you check customers' features and usage credits in real time, based on billing state. And their AI generates a setup prompt for your pricing model and stack, so you can one-shot payments. ycombinator.com/launches/P0L-f…
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Jeff Shaw
Jeff Shaw@duh·
This Chrome extension would have been a lifesaver for a company I’m on the Board of. They hired an engineer, he aced the technical exam, linkedin all checked out on the surface, etc. He even negotiated his comp package hard asking for more equity. The company made the offer, signed docs, and gave the new hire repo access. It was all fake. We investigated re: whether they had reporting requirements related to PIIA/user data breach. Luckily, he never accessed user data tables. But he could have. And we were lucky to have logs that could prove he hadn’t. We still don’t know what his intention was. Perhaps financial account access. I imagine for bleeding edge AI companies with novel tech, it may be codebase access to sell on blackmarket or extort company not to leak it? Regardless of his motives, I imagine if they had been using FraudShield it would have saved this company a massive headache. It's obvious everyone who is hiring these days needs to be super careful. I mean, @duh !
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David Head
David Head@_DavidHead·
Introducing FraudShield Chrome extension — AI candidate fraud detection in your ATS! 🕵️ Start for free in seconds: endorsed.com/extension This year, my cofounder and I saw recruiters spending half their time just checking if candidates were real. So we built FraudShield inside Endorsed. Now FraudShield also comes in a simple Chrome extension that automatically flags fraud at any step in your ATS workflow. No integration or setup is required — it just reads the page. FraudShield uses AI to verify identity — checking resumes, social profiles, phones, emails, external databases, and more to spot fakes before interviews. You can also bulk filter and reject fraud, create compliance records, and view analytics on advanced plans. Privacy is built in: - No candidate data retention on free plans beyond short-lived debug logs - Minimal Chrome permissions - We don’t train AI on your data by default Now more teams can get their time back, revive their inbound pipelines, and keep their companies safe. Try for free in seconds: endorsed.com/extension #ai #hrtech #candidatefraud
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tony p
tony p@StacheAndGlass·
Thank you so much to everyone who came out Friday! The tournament was a blast & we can't wait to see you at the next one! Thanks again to @duh for letting us play at his awesome space! if you're looking for a community of venture backed founders, make sure to shoot him a dm
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tony p
tony p@StacheAndGlass·
Excited to announce a bonus tournament for this month! I've teamed up with Jeff Shaw (aka @duh aka Shrimp) to host a mid-stakes poker tournament at the Cloud Fortress Founder Penthouse this Friday starting at 7pm!
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gosuprime
gosuprime@gosuprime022·
@sama six-word story why make openAI for profit, bro
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Sam Altman
Sam Altman@sama·
i always wanted to write a six-word story. here it is: ___ near the singularity; unclear which side.
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kilbluff
kilbluff@kilbluff1985·
@duh I think Shrimpnado is better tbh
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Jeff Shaw
Jeff Shaw@duh·
I SHALL NOW BE KNOWN AS THE CRUSHstacean!! Congrats to Naughty33W who came up with a better nickname than @NickVertucciNV's "Rumple Shrimpskin". He'll be snagging that $100 prize. Runner's up were: Daniel Allen - Shawshrimp Redemption Don Birnam - Shrimplock Holmes Elton Long - ​The Real Shrimp Shady Jim OB - ​Shrimpy McShrimpface Guru Mack - Pocket Shrimps DrewF - Shrimp Biscuit Runners up were so good that I'll throw in a $25 prize for each of you too. DM me or @HCLPokerShow moderator @MezzoDana to get your prize. And catch me on @MaxPainMonday tonight to see the CRUSHstacean in action as I target my homie @DGAFPokerPlayer !!
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Jeff Shaw
Jeff Shaw@duh·
Was just pitched for funding by founders building an "AI-powered decentralized marketplace disrupting the nation's food supply". It's a meal kit. Just say you're selling f%*king meal kits.
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Jeff Shaw
Jeff Shaw@duh·
99% of startup investments initiate from a warm intro. But my truth: I raised my first $1M, and got accepted to #YCombinator, by scraping @AngelList and using Mechanical Turk to write 300 personalized cold-outreach emails. Pls forgive me @naval 🙏
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Jeff Shaw
Jeff Shaw@duh·
.@ycombinator just fast-tracked a dozen AI companies into their next funding batch. They announced application process on Friday July 14, applications were do that following Tuesday, and funds were wired that week. AI is moving so fast that the VC market is frantic to keep up.
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