Mehul Goyal

Officially an alien of extraordinary ability in the United States of America. Huge shoutout to @vijaythirumalai and DonosoLaw for their help throughout the process. Onwards 🚀

@sachdh @retrovrv @skau98 @scaletogether I really wanted to come to this, wasn’t in the country. I hope there’s a next time. Any notes / interesting stuff you came across?

had lots of fun jamming with so many rl hacker friends we discussed what are we all training, alpha in getting environments right and fighting reward hacking we should do this again @retrovrv thank you @skau98 @scaletogether for all the space and snacks

@_raghuvamsi Epic!!! I have lots of groundwork done on this. Happy to brainstorm/share notes.

tldr - i'm planning to build general purpose humanoids from india for the world. starting the journey by building an open-source mass-manufacturable mini humanoid.

@vijaythirumalai Thanks Vijay, your high regard for us will push us to reach even higher.

thehindubusinessline.com/markets/boldch… Mehul @observerforever & Nisheeth are generational Founders,understand Deep Tech + Finance, have had awesome exits & now building Bold Charter for the long haul IMO Bold Charter is India's answer to Deepseek & Ren Tech Super excited to see their journey unfold

@kamath_sutra Great stuff 🙌

Tch tch tch. Such bad taste. Big Daddy got scared?

deepseek is a side project.

This was such an information dense pod. Recommending everyone in my AI circles to go through this if you want to understand where software, hardware and economics behind them meet. Also, finally someone talking about tpu vs gpu vs trainium.

@nischal @X @elonmusk I thought you had to pay $8/month? Any other way

i recieved my verified checkmark faster on the current profile picture than my last real one. lol. @X has become fun under @elonmusk

CIO of Parag Parikh Mutual Fund - Rajeev Thakkar has written a letter to PPFAS unitholders.

@paraschopra 100%. The speed of innovation definitely levels the playing field out. And that’s precisely the case with ai. Probably agree with the disadvantage part as well. Older frameworks might sometimes become shackles that have to be unlearnt.

@observerforever You know I’ve been observing that AI has given a level playing field where age is becoming irrelevant (and perhaps even a disadvantage)

my observations during kickoff - median age is 22 and damn these guys are super smart + ambitious. Build fiercely guys!!

5/ @observerforever (a former hedge fund trader) build transformers that can trade in the markets. He understandably won't give out all the details, but he helped built good intuition on why even PnL isn't the right metric to target (rather one should target sharpe) Slides: #slide=id.gcb9a0b074_1_0" target="_blank" rel="nofollow noopener">docs.google.com/presentation/d…

Turing’s Dream first batch is over. 10 people, 10 projects, 6 weeks! Here's what everyone explored in AI... 🧵

@NirantK Thanks @NirantK for the talk. Side note - would recommend to start watching uranium as well alongside crude 😂.

Thanks for having me at Turing's Dream Paras! It was fun — and a good bunch to hang around with! It was definitely closer to a conversation than a "talk" fwiw 🫶

@deepakshenoy Totally agree with the above. However, don’t you think that price discovery for these (and many more) public equities is incorrect because long term shorting in India is almost impossible without futures existing (which don’t beyond top200) ? If yes, any way to improve it?

My views on the SME IPO that seems to have caught the outrage wave. I'm not outraged at all. It's an SME, with a 12 crore IPO. Firstly the oversubscription is BS - your money stays in your bank account and you simply cannot get an entry easily, so you keep money in your account and bid - if you don't get allocation, it will just get released and you still earn the interest. So oversubscription nowadays doesn't make sense to look at. Even earlier it didn't because people would borrow like crazy, 100-200 cr. for four days, to fund an ASBA application, from NBFCs. RBI and SEBI put an end to that, so now the smaller IPOs are getting oversubscribed. And in that context no one gave this company 2700 cr. Money hasn't even left bank accounts. If they tried to raise 2700 cr. they will get nothing, most likely. People are applying more because it's a tiny IPO, period. Is it a sign that people are investing in crappy cos? But excuse me, Jet Airways traded for many years after it was dead. I have put notes here on twitter, in times that were less heady, that a company is GOING TO WIPE OUT ALL ITS EQUITY and your money is going to become ZERO, and people have still bought enough for upper circuits. So don't even start with "rationality" and all that. People will buy anything, at any time, if there is a suitable narrative. Is this company crappy? I don't know. I haven't analyzed it. It's made 1.5 cr last year, and they're asking for a valuation of 31 cr. I've seen a lot more "expensive" IPOs than that - and who knows, they might even expand. Or they might not. These are risks that investors must take. But that is the point of an SME exchange. Small companies, raising small amounts of money. For most VCs, a 12 cr cheque would not even qualify for a meeting. It's small and tiny. Wouldn't we rather have such companies list on SME and then be transparent? Rather than take on more debt, or try raising from private investors whose only focus seems to be AI and more AI? Listed markets are a better place. The bigger point is - no one is forcing you to buy into this or any IPO. You can take it as a sign of euphoria in the markets, if you like. But it's just wrong to try and block such companies from doing IPOs - if anything encourage more. Yes, it could go bust or the business may fail. You don't get a free ride on return, boss. There is risk. If you don't understand it, please do fixed deposits. Don't apply on FOMO. The tweets talking about the owner's instagram page are even worse. Why it matters that the person has a life, is beyond me. But okay, outrage feeds the worst in us, I suppose. The problem I think, in the outrage, is probably the unhappiness of missing out. (I'm going to miss out, for the record, but I have no problems - there are many other opportunities) However, we walk past a prada store selling handbags at Rs. 2 lakh a pop, which some of our minds (including mine) cannot process currently, and we don't ask the government to ban prada or ask for regulations to "value" a handbag properly. No one's forcing you to buy that handbag. And no one's going to force you to buy this IPO. Ok thanks bye.

@manan_0308 @kaavyya I did it by making the deterministic math into a separate function which can be called by the voice agent with inputs from voice note. The Alphageometry paper outlines this exact approach and is able to solve math problems at the level of imo silver medalist.

@kaavyya I tried building a web-app as a side project on this exact use-case, but the math was almost always wrong, didn't work well enough. Splitting a single restaurant bill across 2-3 cohorts of people.

narrated my last weekend to GPT in a voice note and asked it to split the bill. so much fun and so wildly accurate. i am so here for these eccentric ways that ai makes life easy

@mihirk1994 30u30 bs everywhere?

An hour on Linkedin has convinced me that the IITB CS -> Princeton PhD -> deshwapsi -> nonprofit narrative could be ruthlessly exploited for hitherto unforeseen fame and profit. My cringe reflex hampers me sometimes.

@championswimmer Any reason for preferring a fund over index put? (when puts have an added advantage of downside protection as well. so if the market rallies up, not a lot of money is lost.)

Is there a fund like ProShares UltraShort or iShares 3x Bear type that gives you exposure to downside of indexes in India? Like if I want to invest into a fund that shorts the Smallcap 250 Index? (Yes I know how to buy a put. I just don't do options)

@mister_whistler @adadithya Yes please

Adithya (@adadithya) and I are starting a group in our quest to share & curate longform reads. It’s called - Too Long, Did Read. Members can share max 2 posts a day. Minimum self-promotion. Sharing linkedin stuff results in virtual stone pelting. DM if you’d like to join.

boss quote by aravind perplexity ceo - "if someone is motivated by money, the big companies can match that . Sure we can say upside, but ultimately its the working for challenges for which one should join a smaller startup."