
Sonny Gupta
1.2K posts









In 2024 UC Berkeley began building student housing on an abandoned lot that had been taken over by junkies. Seething progressives vandalized the construction equipment and the university had to built a fort of containers around the lot to continue construction.




@realsaadasad @YIMBYDemsSD You arent lowering housing costs by adding luxury apts/condos. San Diegans & Californians already have been leaving. You think your crazy plans like SB79 knocking down single family homes & replacing with 6 story buildings in neighborhoods makes people want to stay here? Nuts.








I am surprised more people are not paying attention to this update from Anthropic on its stock policy. This seems like a potential bombshell. There is an active secondary market purportedly in Anthropic stock or derivatives including on fairly reputable (or at least well-known) platforms like Forge. Anthropic is calling them out *specifically*, by name, and essentially *saying* 100% of these are illegal. Some may be frauds (people selling Anthropic stock or interests in Anthropic stock that they don't truly own), but more likely many are legit attempts at transferring Anthropic equity (directly, as SPV shares, or as some type of 'beneficial interest' or future, etc.) Anthropic appears to be saying it will treat all these transfers as void. I don't have access to their terms, but it's very interesting to think what this could mean. Do the 'first purported sellers' in the chain potentially have an opportunity to do a double-dip? Does the first seller and all downstream buyers get the entire entitlement nuked? Anthropic is threatening that--are they just bluffing? If they're not bluffing, what litigation is likely to ensue? This can get into really esoteric areas of corporate law that depend on exactly how the transfer restrictions are drafted as well as the language around how violations of transfer restrictions are treated--for example, if they are merely voidABLE then downstream buyers can assert various equitable claims/defenses, but if they are VOID ab initio then in some jurisdictions that forecloses equitable defenses.



Your regular reminder that adjusted for average wages and unit size, housing in Japan is less affordable than in the US.












YC and Delve have parted ways. I still remember the day we took our YC interview at MIT. We’re so grateful to the community and every founder friend we’ve made. We'll continue to support every young founder striving to make the world a better place.








