Andrew Ritchart

Winners forget they’re in a race, they just love to run.

@E_Bruxxx Retweet

Aerospace & defense are the hottest sectors in venture capital. And don’t get me wrong - a lot of this momentum is good. America absolutely needs more builders working on industrial capacity, autonomy, manufacturing, resilience, defense infrastructure, energy systems, and supply chain independence. But with the flood of capital also comes noise. Some founders also realized something important the last few years - defense became one of the easiest narratives to raise around. And that changes founder behavior. The market is increasingly rewarding optics early: patriotic branding, military aesthetics, social media distribution, “mission-driven” positioning, etc. But underneath, many companies still lack technical chops, manufacturing advantage, procurement wedge, operational excellence, and durable GTM. The truly contrarian opportunities exist outside the obvious hype cycle. Sectors nobody is romanticizing online.

Accelerando

Don’t over complicate it.

@chamath Are you staying in CA?

The Billionaire Tax is actually an Everyone Tax. The Billionaire Tax is a new tax proposal written by four professors who don't believe in the American dream. Some of them aren’t even American…go figure. Despite its name, it applies to every California resident who currently has assets or ever will. The creators named it the Billionaire Tax so you would get into a froth andwouldn't look closely at what it actually does to you. On page twenty-six, it explains how the government can convert to an Everyone Tax without voter approval. They can also adjust the tax to be a yearly tax, not just one time…again, without your approval. Here's how the tax would work: As a voter, you're being asked to approve a tax that would require you to: 1. list all your assets and the value of each, then submit them to the California Franchise Tax Board. 2. authorize the tax board to appraise your assets and confirm the value of each. 3. pay a penalty of up to forty percent of your tax bill if the board determines your reported value was too low in their opinion. 4. allow the tax board to subpoena your financial records from every one of your financial institutions for auditing. This Everyone Tax runs 34 pages of shifty language describing how the government plans to take your assets. Read the fine print and decide for yourself. If this were truly a billionaire tax, it would be 3 pages. It’s 34 pages so that it can create the mechanisms to steal from all of you.

The demand for tokens will continue to rise, while the demand for traditional SaaS will continue to fall.

Data and docs as first class citizens.

The UI is now composable.

@BernieSanders You are a grifter.

If you paid $1 in federal income taxes this year, you paid more than: Walt Disney Citigroup CVS Kohl's Ticketmaster Tesla United Airlines GoDaddy Paypal Palantir Roku HP 3M PG&E Halliburton That’s absurd. We need real and progressive tax reform.

Slapping on a chat interface to your SaaS is not the move. Users don’t want a chat interface in all their applications. I certainly don’t. Go headless or get left behind.

As agents become the new interface, infrastructure and data matter more than the application layer. This enables creation as a service. No one wants to maintain their own plumbing, but they do want things to look and feel to their own preferences.

All knowledge work is converging to code.

People like to mock "vibe coding" — but everyone who does is missing the point, it's the core skill set of the future. Across departments. It's all converging to engineering. The same way knowledge workers are expected to know things like Excel, now and in the future they will be expected to know how to build real things. The difference is they will have to know to build things connected to systems and data, not create silos of information. The amount of content that gets generated inside of companies, the time that goes into it, is mostly completely useless. Engineers know how to build scalable things. Other departments typically do not. This is the required skill set going forward.

I gotta go to work!

@rauchg @vercel @v0 The future of “x (design, marketing, sales, etc)”…is engineering

You wanna be AI pilled. You don’t wanna be in AI psychosis.

Related

Overlooked: To have a successful equity outcome as an employee, you need to pick winners at a higher success rate than VCs and take on more risk.

@lunk18 @TealiumLearning @tealium @DefenseStorm @ncino @LiveOakBank You don't need to be a know it all, but you do need to be a learn it all!

Help yourself out. Commit to being a LEARN-IT-ALL for the rest of your career. Never stop! @TealiumLearning @tealium @DefenseStorm @ncino @LiveOakBank

1/12 Everyone is screaming “Death of Software” and “AI Will Take Your Job.” What follows is a battlefield report from an adventure capitalist across the last four tech waves. Early-80s kid who wrote his first BASIC program on a Commodore Vic-20 -> F/A-18 Hornet pilot (the Navy’s first flying computer) -> Co-Founder/operator of 10 software & tech companies + LP in leading funds you read about on X. AI IS A BLESSING. Thread 🧵

Optimists will win. Doomers will lose.

What's more favorably priced? Snowflake at $60B Databricks at $134B