Customer loyalty is a starting point—not a capital strategy.
Raising Capital Without An IPO is now available.
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youtu.be/sAx4Z2Q70MU?utm_cam…
I ask more than who got the deal. Can the allocation be explained from the record—not reconstructed later?
Watch the full video: youtu.be/ykg9fAMJORw?utm_cam…
#PrivateFunds #CoInvestment
In lighter historical developments, today in 1926, British author A.A. Milne publishes Winnie-the-Pooh, a children’s book about a bear of “very little brain” and his friends who live in the Hundred Acre Wood.
Corey Harris retweeted
Great unplanned spaces with @iammarkmonroe @DealEsquire @TheRealFranco9 and few hundred people. Stay tuned this was unplanned but great turnout with top flight info shared. We coming back before the end of the year
I consider this and the prior thread from @minilek "signal", not noise. Please take note.
Mike was my colleague at Berkeley, and he's been fairly skeptical of deep learning's trajectory for years. Most scientists are skeptics, and it can take a big shock to get someone to consider a possibility that goes against the anchoring effect coded in our DNA.
I too was somewhat of a skeptic until ~6 months ago, and people ask me all the time why I joined Anthropic.
It started in April, when a friend I've known for 20 yrs messaged me saying he'd be in the Bay Area in a week, and he suggested we meet up. I invited him to my house for dinner, and he told me he had just joined Anthropic. He said the models were becoming increasingly more capable, and he believed both that they'd soon be smarter than him and also that all intellectual work would be highly devalued in the near future, and lastly that society was not at all ready for what's coming.
I'd of course heard claims similar to this before, but not from a friend I'd known for this long, and who I trusted, at my dining room table. It was the initial shock needed to destabilize my own anchoring. Also, I've been fortunate to work with and/or mentor many smart people in my life (e.g. Fields medalists, a 4x Putnam Fellow, IOI first place winners, etc.), so I feel pretty calibrated in recognizing very smart people, and this was someone who is definitely very smart and with impressive such credentials. So, it was hard to ignore this friend saying the models would be smarter than even him in particular.
After that dinner, I decided to do an informal survey, calling and meeting up with a lot of my friends who now work on improving model capabilities at these frontier labs. They all agreed with that first friend. These were all people I'd known 10, 15, 20 years, who mentored me, or I mentored them, or we met professionally in academia. These are people I trust, and their beliefs on this topic were consistent.
I then spent a whole lot of time understanding the missions of different companies, and talking to current and former employees and people in leadership. I read Dario's (long) essays and watched videos on YouTube of company leaders being interviewed. Anthropic's stated mission "to ensure that the world safely makes the transition through transformative AI" felt like exactly the right guiding principle to handle such a society-disrupting technology, and everyone I spoke to at the company was very aligned with this mission. It's easily the most mission-focused place I've ever been at, and everyone takes the work extremely seriously and with a profound sense of responsibility.
And now here I am. And being on the inside, the pace of progress has surprised me more than I first imagined. The moment that pure mathematicians are in, to me, is just a microcosm of what I predict a much larger of society will be grappling with in the not too distant future, and I really hope our leaders and the general public internalize sooner than later just how significant a moment we're in.
Keep this in mind globally.
Ledger Flex sold at Singapore Airport confirmed to contain a spy implant!
@BenYorke found suspicious marks on his @Ledger and sent it to me rather than using it, that was probably the best decision here.
youtube.com/watch?v=Nf4FEFlg…
xitter.cf/BenYorke/status/210908…
Today in 1307, French King Philip IV has Grand Master Jacques de Molay & the Knights Templar arrested and charged with idolatry and corruption (to allow the State to take all their assets).
A funding deadline is not a capital strategy.
Raising Capital Without An IPO is now available.
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youtu.be/GJEV7t-Xb9E?utm_cam…
#CapitalRaising
A $1 stablecoin price does not guarantee $1 of accessible cash. Reserve quality, redemption rights, counterparties, wrappers and concentration all matter. Read the full blog for the fund-level diligence framework. #DigitalAssetFunds #Stablecoins #CryptoFunds
vglawfirm.com/stablecoin-ris…












