Gianmatteo Costanza

🚨BREAKING: SUPER MICRO CO-FOUNDER ARRESTED FOR SMUGGLING $2.5B IN NVIDIA GPUs TO CHINA >SMCI co-founder Yih-Shyan "Wally" Liaw arrested today >personally holds $464 MILLION in SMCI stock >charged with smuggling BILLIONS in Nvidia servers to china >used a southeast asian shell company to funnel $2.5B in servers to chinese buyers >$510 million worth shipped in just THREE WEEKS in spring 2025 >built thousands of fake dummy servers to fool U.S compliance auditors >caught on surveillance camera using a HAIR DRYER to swap serial number stickers >coordinated the whole thing over encrypted group chats >SMCI down 12% after hours >faces up to 30 years in federal prison ITS SO OVER…

The SF government just identified 34 entities that don't actually do anything. They exist in the law but are inactive, and now they might be deleted! This came from the CSTF, which was created by Prop E in Nov 2024. Reminder: most of the good stuff happens after election day.

The LA graffiti towers are a symbol of unchecked wealth inequality. They were never meant to house the unhoused people on the streets below so the people tagged them up as a reminder that solving homelessness requires more than luxury condos. I’m sorry you don’t know our city.

Went for $2 MM over asking price and broke the neighborhood record by a million bucks So that’s the situation in San Francisco

The ideological left’s answer to a famine is a lottery system that allows a select few to gorge on caviar, but only if you’re starving enough to attract sympathy. Everyone else can pound sand, eat sand. This is how we do “affordable” housing.

NEW: Debate growing in Santa Monica over a proposed $77M, 8-story affordable housing project at a former pet store. Plans call for 80 units for seniors, Section 8 tenants, and fire victims.

BOOMS WITHOUT BOOMTOWNS "Alongside the trillion-dollar valuations and insta-fortunes, we in some sense should have been building a Tokyo-scale megacity, with San Francisco looking like Manhattan, skyscrapers next to Caltrain stations, and Marin County featuring the apartment towers it’s depicted as having in 'Star Trek: Picard.'" "America has fast-growing metro areas. It’s just that unlike in the past, the growth is not concentrated where the economic boom is happening." "Americans sometimes look with envy on the rapid economic growth achieved in China during this period. But if you look at Shenzhen or any other major Chinese city, what you see is dramatic physical transformation across the course of the 21st century. That’s precisely what American public policy has been hostile to, not just in the Bay Area but almost everywhere that isn’t an unincorporated area on the fringes of a Sunbelt metro area. "To have a broad-based economic boom, we need a boomtown. ... [T]here continues to be unique economic value in allowing more people to live in places that are experiencing booming growth in their core tradable industries. The fact that this doesn’t happen in the United States has greatly muted the value that the high tech sector generates for the average American, and that’s a huge problem."