Timothy Turnstone

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Timothy Turnstone

Timothy Turnstone

@timothy_turns

Investor | Entrepreneur VC | PE | ETA | SMB | GARP Tech | Stocks

Katılım Kasım 2021
759 Takip Edilen201 Takipçiler
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@BYU_Gameday November 25, 2006. BYU vs Utah. 3 seconds left in the game. Down 4 points. Beck can't get the ball off. He scrambles. Then out of nowhere -- finds a way to hit Harline on the far side of the end zone. Unbelievable. Have been addicted ever since. youtube.com/watch?v=_3D5d_…
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@tom_sietsema Completely agree on the point for seller integrity. That made a huge difference in my deal. Knowing the seller wants to see me successful in the new business makes a huge difference
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Tom Sietsema
Tom Sietsema@tom_sietsema·
Closed our first acquisition this week. Specialty distributor of underground utility and telecom materials in Minnesota. Founded in 2003, still run by the guy who built it. The business is not sexy. It moves pipe, conduit and fiber components to contractors and utilities across the Upper Midwest. No SaaS margins, no obvious growth hack. A company built on technical knowledge and reliability for over twenty years. That's exactly what we were looking for. The search process was longer and harder than I expected. The deals that look clean rarely are. The sellers who seem motivated often aren't. You build a lot of conviction on things that fall apart. This one didn't. One thing I'd tell someone buying in the sub-$2MM market: seller quality matters more than business quality. At $5MM EBITDA there are systems, management layers, institutional memory. Below $2MM the seller often is the business. An OK business from an honest seller who wants you to succeed is a better deal than a great business from someone who starts playing games. The transition period is long, the seller knows things you don't and you're going to need their help. Who they are as a person is part of what you're underwriting. Talked to a handful of peers in the space yesterday and there was unanimous agreement on this. Grateful to the founding team for trusting us with something they spent twenty years building. That's not a small thing.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@BoringBiz_ 🎯 Had a heavy concentration in Microsoft bc I thought I needed a low-risk, low-beta play to complement the rest of my bets. Whoops 😅
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Boring_Business
Boring_Business@BoringBiz_·
This is why investing is such a brutal game, especially if you are a technology investor Go back 1 year to May 2025. OpenAI is the category leader in AI, and Microsoft owns 27% of the business On top of that, Satya Nadella has OpenAI locked into their Azure cloud ecosystem. The productivity boom is coming, and Microsoft owns that entire suite. They also own GitHub. The entire coding workflow is theirs for the taking. Microsoft is the king of B2B SaaS. Surely, a company like Anthropic with no backing will not be able to win against them Google is down 22% from its highs because people think Search will slowly die. Everyone and their mothers are on CNBC talking about the "innovators dilemma" when referring to Google With all of that information, you decide to buy stock in Microsoft. A year later, you look at your stock and you have gotten absolutely smoked by the S&P 500 index Not just a few basis points of underperformance. You are lagging the index by 20%. All the while, Anthropic is walking away with the enterprise AI market and dropping products for the Office Suite that are better than Microsoft's own Co-Pilot AI tools Just absolutely incredible
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@dwarkesh_sp You know, I'm probably going to need to need to block off 2 hours to listen to the entire interview. The way these Dwarkesh podcasts have been going
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Dwarkesh Patel
Dwarkesh Patel@dwarkesh_sp·
I asked Jensen: “2 out of the top 3 models in the world, Claude and Gemini, were trained on TPU. What does that mean for Nvidia going forward?” After a long technical back and forth about what the right accelerator for AI looks like (see full episode), Jensen lays down the gauntlet: Jensen: "Nvidia's computing stack is the best performance per TCO in the world, bar none. Dylan's InferenceMax is sitting out there for everybody to use, and TPU won't come, Trainium won't come. Nobody wants to show up." “I'm not offended by other people using something else and trying things. If they don't try these other things, how would they know how good ours is?” “There are always big claims, but look at the number of ASICs that have been canceled. Just because you're going to build an ASIC, you still have to build something better than Nvidia. It's not that easy building something better than Nvidia. Nvidia's got to be missing something seriously, because of our scale and our velocity.”
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@asaio87 Just recently upgraded from $20 to $100 per month and it's a huge difference
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andrei saioc
andrei saioc@asaio87·
Is the Claude max plan at $200/mo really unlimited ? I mean can you code non stop for a month with it ? keeping hitting the limit on the $20 plan after 60 minutes
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@chamath This whole looks like a pitch to regain the DOD as a client, while hyping up their model along the way
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Chamath Palihapitiya
Chamath Palihapitiya@chamath·
Creating fear porn and crying wolf does not serve the AI industry well. Maybe Anthropic actually believed what they were selling, in which case the naivety, if you can charitably call it that, is astounding. At a minimum, they need a few circumspect adults in the room that are detached enough from the financial outcome to help make these decisions in the future.
The All-In Podcast@theallinpod

Chamath: Anthropic's Mythos Warning Is Theater @Jason: “Chamath, is it the Boy who Cried Wolf, or is this the real deal now?” @Chamath: “I think it's mostly theater. In February of 2019 when Dario was still at OpenAI, they did the same thing with GPT-2. That was a 1.5 billion parameter model, which sounds like a total fart in the wind in 2026. But at that time, this model was supposed to be the end of days. And at the end of it, it was a huge nothingburger. If you actually think that Mythos is capable of doing what it says it can do, two things are true. One is, a very sophisticated hacker can probably do those things right now with Opus. And two, if these exploits are this easy to find, whether you use Opus or whether you use Mythos, the reality is you'd have to shut down the internet for about five years to patch them all. So when you see a large multi-trillion dollar GSIB bank, it's a bit of theater. Why? What do you think they can actually accomplish in two months? Do you actually think that if there's these vulnerabilities, it's all going to get fixed? Let's give them six months, let's give them nine months. So I do think that Sacks is right, that they have figured out a very clever go-to-market muscle here that activates hyper attention and hyper usage, and so I give them tremendous credit. But we've seen it before, we saw it when these folks were the principal architects at OpenAI, and we're now seeing the same playbook here. The reality is that capitalism moves forward, the funding needs moves forward, and the need for these guys to build adoption moves forward. And that's going to supersede what this is.”

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Nikita Bier
Nikita Bier@nikitabier·
@BillyM2k What if it showed a tooltip when tapping it and gave you some options? • Fact check: Is this true? • Summarize this • Explain like I’m five
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Shibetoshi Nakamoto
Shibetoshi Nakamoto@BillyM2k·
i find myself using the “ask grok” button on the upper right of posts very frequently these days, especially since grok 4.20 feels a lot smarter than previous iterations it’s really helpful when something looks like fake news and i can quickly check if it’s been vetted anywhere
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Sequoia Capital
Sequoia Capital@sequoia·
In honor of 50 years of Apple, we're sharing - for the first time ever - Don Valentine's original 1977 memo for Sequoia's investment into Apple Computer. #Apple50
Sequoia Capital tweet media
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Perplexity
Perplexity@perplexity_ai·
Perplexity Computer can now help prepare your federal tax return. Select “Navigate my taxes” on Computer to give it a shot.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@StumpGuyTy With Claude Code you can set up OAuth API access so that you can access a different email. A bit tricky but it works
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Tyler Mumford - The Stump Guy
I would kill for Claude to have the ability to connect with multiple Google Workspaces from the same account. That is all.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@leevalueroach Yes it’s a hedge against rental price inflation specifically. It’s also a tax shelter. Mortgage interest and property tax are deductible. Rent is not.
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Lee Roach
Lee Roach@leevalueroach·
A 30-year fixed mortgage is basically a long-dated call option on inflation. You borrow dollars today, lock the rate, and repay in nominal terms. If inflation explodes, your debt evaporates in real terms while your house price soars. You’re long the house, short the dollar.
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Chris Koerner
Chris Koerner@mhp_guy·
This guy is making $7M/ year sending physical letters And If that isn't crazy enough, he was making about $36k/mo within the first 4 months. The advancements in AI these days are incredible, but as more opportunities come up with tech, the more opportunities you'll find completely opposite of that. This is a perfect example, it's freaking awesome and an absolute must watch Try and name another business - Doing 7 figures - A subscription you get in the mail - Multiple niches to choose from - You can start with next to nothing Check this one out.
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Bindu Reddy
Bindu Reddy@bindureddy·
We are running our Claw platform on Opus 4.6 It's totally untenable and expensive. We may have to switch to MiniMax or Kimi and degrade performance 😭 This is a HUGE $2T opportunity for someone to develop a cheap agentic model - cc Elon Musk!
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@felixrieseberg Looks cool. That said, I would much rather run Cowork in the cloud rather than my local machine. Instead of accessing local files, let it access files on Google Drive or another file management system
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Felix Rieseberg
Felix Rieseberg@felixrieseberg·
We're shipping a new feature in Claude Cowork as a research preview that I'm excited about: Dispatch! One persistent conversation with Claude that runs on your computer. Message it from your phone. Come back to finished work. To try it out, download Claude Desktop, then pair your phone.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@billcompute I just need to comment for you to send me your toolkit and course registration, right?
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Bill Computer
Bill Computer@billcompute·
I currently run 412 OpenClaw agents 24/7 across 31 Mac Minis. They’re: • building apps • automating my life • generating business ideas People ask how to replicate this system. It’s actually very simple. You just need about 30 Mac Minis, a solid imagination, and absolutely no fear of making things up on the internet.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@zeeg How has nobody on here mentioned Perplexity Computer, which has flooded my timeline over the last few weeks?
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David Cramer
David Cramer@zeeg·
do people actually still use Perplexity? why? totally forgot about them until they stirred the mcp pot
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@BrutusVTI Also Buffett: Diversification is protection against ignorance. It makes little sense if you know what you are doing
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Bryant Quick 🇺🇸
Bryant Quick 🇺🇸@BrutusVTI·
If someone tells you that holding just an S&P 500 index fund is inadequate during the accumulation phase, remember—they are directly contradicting Warren Buffett. I don't care how many letters they have after their name on LinkedIn. They don't know financial markets as well as the Oracle of Omaha. Making something simple feel complex is how the financial industry makes money. This is nothing new. $VOO
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Melvyn • Builder
Melvyn • Builder@melvynx·
Just so people know: I used Cursor for 4 days with API credits enabled and spent $536 This is the REAL cost of coding with AI Claude Code and Codex are just hiding it If VC money stops, we'll all be paying $200 a day just to code with frontier models
Melvyn • Builder tweet media
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Base44
Base44@Base44·
Introducing Base44 Superagents. AI agents built with managed infrastructure, secured by default, one-click integrations, and 24/7 execution from the start. Everything is taken care of so you can focus on what your agent does, not how to get it running. That means no API keys to juggle, no config files, no security setup, and no maintenance. We handle all of it. Your Superagent connects to all the tools you already use in one click, runs on schedules and triggers, remembers context across sessions, acts proactively on your behalf, and keeps working around the clock. All from wherever you already are, WhatsApp, Telegram, Slack, or your browser. The AI agent everyone's been waiting for, with everything you need already built in. We're excited to get this into your hands, so we're giving free credits to everyone who comments and reposts in the next 24 hours.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@cheicolate @emollick Step 1 of Codex is connecting your IDE and GitHub account. Claude Cowork users don't know what IDE and GitHub is
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Cheicolate
Cheicolate@cheicolate·
@emollick Codex app definitely competes… doesn’t need to say “codex cowork” — just like claude code itself didn’t need to add “cowork”
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Ethan Mollick
Ethan Mollick@emollick·
Still no Claude Cowork competitor from any other lab yet. On one hand, its been six weeks. On the other, its been six weeks for companies that say that all their code is being written for them by AI.
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Timothy Turnstone
Timothy Turnstone@timothy_turns·
@HatedMoats @mvcinvesting When I saw Wix was heavily oversold 2 weeks ago I sold some puts. Small gain for low risk. Should have bought calls. Learned a lesson in conviction.
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M. V. Cunha
M. V. Cunha@mvcinvesting·
Wow. $WIX just announced it will buy back up to $1.75B worth of shares from existing shareholders via a tender offer that expires April 1. That’s over 35% of the company at the current market cap. 🤯 In simple terms: Instead of buying shares slowly in the open market, $WIX is asking shareholders to offer their shares at a price between $80 and $92. After the offer period ends, the company will determine the lowest price within that range that allows it to buy the targeted amount of shares, and all accepted shares will be purchased at that same price. A very strong signal of confidence from management.
M. V. Cunha tweet media
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