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Magnum

@AltHarbor

It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.

شامل ہوئے Mayıs 2021
557 فالونگ152 فالوورز
Magnum
Magnum@AltHarbor·
@aidannonx As funny as this story is, she has one hell of a lawsuit on her hands
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Magnum
Magnum@AltHarbor·
@negligible_cap I think this will change. GPT 5.5 is absolutely incredible. Most people are too stupid to figure it out.
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Negligible Capital
Negligible Capital@negligible_cap·
*OPENAI MISSED '25 REV TARGET FOR CHATGPT: WSJ Wow. OpenAI not only missed their 2025 revenue target, but they also missed their goal of reaching 1B weekly active users according to WSJ CFO Sarah Friar also reportedly told company leaders that she’s worried the company won’t be able to meet their spending commitments if revenue doesn’t grow faster. “OpenAI missed an internal goal of reaching one billion weekly active users for ChatGPT by the end of last year, according to people familiar with the goals. The company still hasn't announced that milestone, unnerving some investors. It also missed its yearly revenue target for ChatGPT as well after Google's Gemini saw massive growth late last year and ate into OpenAI's market share, the people said. The company has also struggled with defection rates among subscribers, according to people familiar with those figures.”
Negligible Capital tweet media
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Magnum
Magnum@AltHarbor·
@nikitabier @Shilllin What about $400 a year? Just curious where the transparency was on my shadow suspension for nearly a month with zero explanation. What’s open about that? What “fraud” did I commit?
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Nikita Bier
Nikita Bier@nikitabier·
@Shilllin Sorry, but paying $8 a month does not grant anyone a free pass to engage in fraud and manipulate 500 million people. We take action openly & transparently, unlike our peers. This is a good thing.
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Alex 🥷
Alex 🥷@Shilllin·
Only on this app do you have the developers dunking on paying customers…
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Magnum
Magnum@AltHarbor·
@aidannonx Only boogs eat Popeyes. Canes has class.
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Magnum
Magnum@AltHarbor·
Everyone is dragging @nikitabier lately. I'm about to do the same. However for a very different reason than everyone else is. I just paid $400 for an annual @premium+ subscription, got randomly suspended for "inauthentic behavior" five weeks later, and spent 20 days submitting three appeals into a black hole that never responded. Today my account just... worked again. No email. No notification. No explanation. No acknowledgment. Like the platform shoved me in a cell for three weeks and quietly unlocked the door when nobody was looking, hoping I wouldn't notice. I still don't know what I did. I still don't know why it took 20 days. I still don't know who fixed it or what changed. The "appeal" process is a form that vanishes into a void and returns nothing. The customer service for a paying annual subscriber on this platform is functionally indistinguishable from screaming into a pillow. Here's what's funny. The head of product has time to publicly drag aggregator accounts in his replies every single day. He has time to roast people for posting "🚨BREAKING." He has time to announce payout cuts with screenshots and victory laps. He does not, apparently, have time to instruct his support team to send a single sentence to a paying subscriber explaining why their account was killed, why three appeals were ignored, or why the eventual restoration came with the same silence as the original suspension. The aggregator cleanup is fine. I don't want a feed of stolen reposts either. But X paid these accounts for years. X built the algorithm that rewarded the behavior. X is now publicly dragging the people who ran the playbook X designed for them. The whole thing is a guy lighting his own house on fire and complaining about the smoke. Meanwhile the people actually paying for the service get a black-box ticket queue and a Grok-generated form letter telling us to complete on-screen instructions that don't exist! I got that exact email. The "instructions" don't load. There is no instruction. Grok is the judge, the appeals court, and apparently the customer service rep, and Grok hallucinated the resolution path. It's embarrassing. I lost a full month of an annual subscription I paid for. There's no prorated credit. No comp month at renewal. No "we got this wrong, here's something." That's not customer service. That's theft with extra steps. If a gym locked me out for 30 days of a year I paid for and then unlocked the door without a word, my credit card company would already have the money back. X gets to do this because there is no one to call. @nikitabier — you have time to dunk on aggregators in replies all day. Find ten minutes for the people writing the checks. And honestly? Grok is so far behind Claude and ChatGPT it's not even a real comparison anymore. The product is lapping you. The AI feature is lapping you. The only thing left holding the subscription together is the network effect, and you are actively eroding that by suspending the people paying you. I have plenty of subscription left to decide if renewing is worth it. Right now? Leaning no.
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Magnum
Magnum@AltHarbor·
@Reecebrah Truth is they’re insufferable assholes. There is an art form to being an asshole. Women love when you are an asshole in a way that is playful and intriguing. Eventually you show them a softer side. These guys are neither fun nor intriguing, so they just end up with leftovers.
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Reece
Reece@Reecebrah·
All the redpill guys end up with single moms or just alone The whatever podcast guy who’s wife has 3 baby daddies is hilarious But it’s not unique Fresh was falling in love with hookers Bunch of the redpill/pua guys married chopped single moms Stop taking advice from them
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Magnum
Magnum@AltHarbor·
@KobeissiLetter Private credit defenders will still yell nothing is wrong and the gates are working as intended.
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Magnum ری ٹویٹ کیا
The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
BREAKING: JPMorgan CEO Jamie Dimon warns private credit losses will be “larger than expected.”
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John Doe
John Doe@JohnDoe1465160·
@aidannonx Big tech is more worried about making line on graph go up than they with making America more free and prosperous.
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Magnum
Magnum@AltHarbor·
@aidannonx @bgurley Dismissing intellectualism is the worst aspect of the "MAGA" base. Yes we need trades and labor, and the people in those fields to be economically strong. But we cannot reshape the country in our desires without lawyers and entrepreneurs building the technologies of the future.
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Magnum
Magnum@AltHarbor·
@aidannonx Tech being branded as “bad” in general is absurdly stupid and strategically dumb. Tons of amazing entrepreneurs and advisors/analysts in the sector who genuinely have a pro-freedom and pro-human approach. @bgurley is a great example.
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Magnum ری ٹویٹ کیا
Earth
Earth@earthcurated·
Nearly 2,000 years ago today, Jesus Christ gave His life on the cross in Jerusalem.
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Magnum
Magnum@AltHarbor·
@pawgmaxi Hey Ray Dalio, relax. I don't think you understand the point of the core issue "pal"
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pawg maxi
pawg maxi@pawgmaxi·
@altharbor The gate is a legal requirement. I don't think you know how this works big guy
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Michael Kao
Michael Kao@UrbanKaoboy·
Musings of the Day, 4/2/26: Just got off a call with Apollo Private Credit/BDC team, and they corroborated many of my beliefs: - Social media/MSM doomsaying over Private Credit/CLOs massively overdone - Especially "irresponsible" for some of the bank talking heads fanning the flames, some of whom were levered 30x during GFC - Many of the Credit Doomsday scenarios being projected are WORSE than GFC, when actual default experience has been pretty benign - "Is the house on fire?" CLEARLY NOT - Spreads are attractive now - "95% of our loans are cash-flowing (NOT PIK)" - Covenants alone will not save the day; TOTALITY of documentation matters for recovery - "If you're concerned about the CREDIT in Software, then that means the Equity is WIPED." 1000% -- see below: My 2c and reminder to all: - Equity Terminal Value Erosion is NOT the same as Imminent Mass Defaults - IF the Credit Markets are right, the EQUITY Markets would be AT LEAST 20-30% lower imho - CAPITAL STRUCTURE matters, and this is one of those weird situations where SENIOR securities (and their derivatives) have been hammered much more than JUNIOR securities (Equities) - Read my own view of the SAASpocalypse part of the Credit Doomsaying from the trenches here: x.com/UrbanKaoboy/st…
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Magnum
Magnum@AltHarbor·
@NickNemo17 PE-backed RIA. Fees on manager-estimated NAVs. PE-backed compliance. 47% illiquid. The client had four lines of protection and every one of them had the same employer.
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Nick Nemeth (Mispriced Assets)
A PE-backed RIA with ~47% of client assets in illiquid privates, billing fees on manager-estimated NAVs, has their CIO saying that a Substack author doesn’t know what he’s talking about. Bookmark this.
Nick Nemeth (Mispriced Assets) tweet media
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