IPO Candy

@pmarca I don’t understand why this is still be discussed? If you talk about doing something for years and never do it and just keep coming back and saying you’re serious this time but need more money but never show any progress the whole thing should just go away. Move on.

It will cost more than that, and it will still never happen. There is no chance. It is not possible.

@AlderLaneEggs Wow.

I saw him play, truly a remarkable soul.

@Bencera I do the same but think about it differently. What would be the most fun way to spend that 10K? I can think of so many great things instead of a few hours of a wider seat, better snacks and free drinks.

Unpopular founder take: I fly economy. Business class is paying 10x to fall asleep slightly faster. The ROI is terrible and it’s my job to be good at ROI.

@MoneyMarkStocks @FugaziResearch I think there is a growing realization that you want to listen to people who use their real name and are open and transparent about their process and interests along with a commitment to fact-based, verifiable data.

I've reached out to @FugaziResearch personally to see if they want to discuss the pros and cons of $WATT (publicly or privately) or anything else. So far, no response.

@bhalligan @jack @roelofbotha @blocks Good ad for weed and other recreational drugs.

NEW EPISODE: @jack & @roelofbotha unpack @blocks 40% staff cut and rebuilding the entire company as a mini-AGI. This isn’t “use AI to make people more productive.” It’s making the company itself the intelligence. If you’re a founder or operator wondering what work looks like in the next 5 years… this is the episode. The evolution looks like: • Manager mode = Pyramid 🔺 (command & control) • Founder mode = Flat ➖(founders decide fast) • Dorsey mode = Circle 🔵 w/ AI at the center, humans at the edge, and decisions flow from customer inputs → AI → humans steering it I’ve tried killing org charts before. Brutally hard. But we never had these tools. This is rewriting the CEO playbook for the AI era. Buckle up. 00:00 Existential Dread & Hope 02:56 AI Replaces Hierarchy 07:22 Block’s New Three Roles 26:47 Flattening the Company, Fast 35:23 Getting the Board to Buy-In, Fast 36:50 Building a Great Board 41:29 Founder CEO Lessons 48:18 Second Acts & Conviction 56:22 Timeless CEO Traits

@RealJimChanos LOL. You think anyone will be doing valuation work on this? I'm sure the sales pitch will be more AI datacenter and world domination than telecommunications. I wonder how will impact $ASTS....

The three largest US (30% of global GDP)telecom companies with almost 100% market share, AT&T, T-Mobile and Verizon, have a combined market-cap of about $600B. They have slightly over 400M subscribers. That’s $1,500 per sub. Now extrapolate Starlink’s subs/market share.

Why are all the ads I see on YouTube of the scam variety? Like fake power washers, bogus medical "products", and get rich quick schemes - I never see a normal branded ad from John Deere, McDonalds, etc. Is it me?

So they hire a big gun to turn around $SBUX. We stopped in one near Boston, I only get a quad over ice there but they had a new coffee bean that sounded good so I tasted it - even with a fancy new machine they *still* BURN the coffee, it was undrinkable. Job #1?

Thank you very much @FugaziResearch for your notes on $WATT. It's paid for itself 10x in just the last few weeks on one stock.

It's rare that we get a battleground stock like this that is about to resolve one way or the other very soon with the Q1 earnings report. Q4 last year was the inflection point (real revenue, profits) and after an equity raise the short "thesis" is trying one more time.

@public I'd be careful with Public.com in terms of what they can actually do versus the marketing. I've found it very hard to make use of some of their tools and when you dig in support will tell you that some parts don't work yet.

NEW: You can now build AI Agents that monitor the market, manage your cash, and execute your trades. The Agentic Brokerage has arrived.

The $GOOG paper is real. When hardware prices go moon then software fixes get to work. Fewer decimal places means a much reduced footprint with equal performance. Memory prices always normalize, just a question of how long it takes.

@AlderLaneEggs I wish Twitter just had a "don't show me any stupid shit" button and I'd be able to use it more.

Learn to swim in the River of Chaos, for its not turning back

@elonmusk @teslaownersSV Heck we think it's a positive catalyst for $HOOD - ipocandy.com/candygram-03-3…

@teslaownersSV These reports are false

.@elonmusk please include Robinhood in the SpaceX IPO

So in bull markets nobody cares about SBC and typically (but wrongly) excludes it from analysis, now it's a different story! Even in my small cap world it's striking how many CxO level managers are booking $1M+ annual compensation running the companies into the ground.

At a very meta level I don't understand how all these people have time to be doing these things. We're pretty well off professionals still working at least 50 hours a week and it's intense. Plus trying to leverage AI. We barely have time for dinner and the gym. Mystified.

yup! ipocandy.com/candygram-03-3… @davemcclure @HedgeyeComm

Publishing a "short report" on a stock based on history seems dumb. $WATT has been a terrible company and stock for years. The future may be different. And new large deals with big customers - their first thought is "customer concentration!" @FugaziResearch Hmmmm.

@GavinSBaker @WSJ Sad that outlets like the @WSJ tilt things to sell papers at the expense of people trying to do decent things.

Strange @WSJ article about Jensen renting out the San Francisco opera house last year for a performance of “The Monkey King.” The article essentially frames it as a gilded age “champagne and opera” style event for “AI’s kingmaker.” Makes for a good story, but the reality was quite different. Mostly because the article leaves out an important detail; Jensen’s stated reason for hosting the event: helping to revitalize San Francisco’s downtown and the opera house. This was the actual focus of his speech, not the “champagne and opera” joke. And the event was full of Jensen’s good friends as well as various AI figures. When I spoke with Jensen that night at the opera, the first thing he said to me was that it was really personally important to him to help downtown San Francisco get back to its glory days. It was essentially a fundraiser for the opera and San Francisco where no one was asked to contribute.  As someone who gets asked to contribute to a lot of charities and go to a lot of charitable events, I thought this was a generous and classy gesture on Jensen’s part and I’m sure many attendees took it upon themselves to donate. I certainly did! Article would read differently with these facts, which kinda seem like the most important ones to me. As far as the illustrious AI figures in attendance, important to note that the CEO of Jensen's largest accelerator competitor was actually at the opera at Jensen's invitation the night I was there; which again is quite at odds with what is described in the article. And please note that Nvidia’s largest competitor is not actually AMD. One of the defining features of tech in the 90s was that the CEOs generally hated each other. I think it is good for the world and the AI industry for someone like Jensen to bring the industry together and I'm happy that he is doing this. If anyone believes that any of the companies referenced would’ve struggled to raise money without Nvidia’s participation - they are simply wrong. I know because I was around many of these fundraises. And OpenAI’s embrace of AMD is object evidence that companies who have raised money from NVIDIA feel free to use competing products. Finally, kinda sad that the net effect of this article might be to make other CEOs less likely to host comparably civic minded events. I hope that I am wrong and that both Jensen - and other CEOs - are undeterred by this article. Nice for people to give back.

I read a lot of very smart Macro people with good data and as a group they are helpful. The one question most don't address is that if people are going to sell some big asset class (US Stocks say) then where is that money going to go?