Not Boring

New York
Joined February 2009
The world is going to keep getting better because people are going to keep making it better. Techno-Industrial Deep Dives:
102
99
15
1,171
528,462
Packy McCormick retweeted
Everyone who has tried to industrialize homebuilding has gone bankrupt doing it, and Aleks Gampel thinks he knows exactly why. 00:00 Intro 01:34 Mass producing the factories that build houses 09:12 The factory that creates factories 11:13 Why nobody on site has to think 15:15 Developers don’t care if it’s better 20:19 Quitting his job after one conversation 22:34 What WeWork got right 25:36 How to burn $2 billion on housing 34:11 Nobody cares how your Ferrari looks 35:41 Fundraising is a mourning event 38:37 Asking AI what his company should have cost to build 43:55 Designing your house online to completion in 30 days
4
7
4
35
6,592
The problem is it’s always sunny in Philadelphia so London was never going to agree with us
4
7
6,016
Best Ideas hbs.edu/ris/Publication%20Fi… We find that the stocks in which active mutual fund or hedge fund managers display the most conviction towards ex-ante, their “Best ideas,” outperform the market, as well as the other stocks in those managers’ portfolios, by approximately 2.8 to 4.5 percent per year, depending on the benchmark employed. The vast majority of the other stocks managers hold do not exhibit significant outperformance. Thus, the organization of the money management industry appears to make it optimal for managers to introduce stocks into their portfolio that are not outperformers. We argue that investors would benefit if managers held more concentrated portfolios.
7
16
7
260
22,521
.@gilbert & @djrosent are the 🐐🐐. Only 26 minutes into the Seinfeld episode and I already don’t want it to end. Delightful.
10
106
7,125
Futures are ugly. Everyone panicking this weekend was right. Be safe out there.
13
101
32,803
Monday, October 19th Larry Day(vid)
5
1
1
90
12,346
I don’t know why, but about 5 minutes ago I thought if I ever made an 80s high school movie I’d have a guy walk into a party carrying pizza saying “Speak now or forever hold your pizza!” and then I realized I could just make it. Hollywood is mincemeat.
🤖 Made with AI
26
2
71
16,761
Made with @runwayml app in one quick prompt
2
2
2,586
Pretty cool that we made big progress in understanding human and machine minds in the same week. Age of Miracles.
8
2
120
25,028
Math question: how many Zacharia's are in one Scaramucci?
14
1
1
38
10,608
I’m intensely confused by this comment section. Are they all bots? There’s no way there are 500+ people all this dumb saying basically the same thing.
to be fair if my father owned an emerald mine I could do this too
74
2
1
311
66,019
.@nickcammarata saves the world. @elonmusk hosts the Daddy of All Demos. Arrowhead cuts Tau with shot. BIG week for robots. @BenWilsonTweets on @davidsenra. What a week for the optimists.
🤖 Made with AI
10
1
12
5,389
to be fair if my father owned an emerald mine I could do this too
794
36
43
1,519
211,098
all of the people in the replies have to be bots, right?
42
62
11,640
Packy McCormick retweeted
In the ever-wise words of @packyM, electromagnetism secretly runs the world. And this startup is trying to wield it to build more elite hardware - from fighter jets to satellites to microchips. Episode 2 of Moonshots on @arenaphysica with @Smartsheet 👇
2
7
4
25
3,275
Let's. Fucking. Meow.
We’re pleased to announce @Meow has accepted a $31.6M Series B led by @Stifel with participation from @archetypevc. That brings our total funding to over $60M. This is a strategic investment and a partnership. Stifel will offer a white-label version of Meow’s platform to its commercial banking clients, starting with venture and fund banking. Game on. Fintechs are becoming banks. They’re going after charters and showing up with better technology than the banks they compete against. Banks can spend years trying to build that technology, or they can run on a platform that already wins. Meow proves it. We compete for startups, the most competitive and demanding banking market in the world, and we go head to head on product. We have billions of assets on the platform, billions in annualized payment volume, and millions in annualized profits at scale and in the market every day. Most software sold to banks has never had to win a customer on its own. Ours competes for the most demanding customers every day. It’s proven. That’s why Stifel entrusted Meow with this deal and opportunity. Now, we’re launching the ability for banks to have the entire Meow platform under their own brand: → onboardings → bill pay → expense management → invoicing → agentic compliance and backoffice → stablecoins → everything else And it never falls behind. Every feature our customers push us to build ships to our bank customers too. We anticipate Stifel’s venture and fund banking clients get all of it starting early 2027. Meow will allow every bank to be able to compete with the industry leading fintechs. This will change the game for banks and is only the beginning. Now, back to work.
11
4
68
16,340
(my meme dealer is on vacation so I need to use words) Saving Time and Money is a very big market. At $60B, Ramp is now valued 200x higher than when I first wrote about them in 2020, and they just keep accelerating. Job's not finished.
Today, Ramp raised $1.85B at a $60B valuation. Seven years ago, Karim and I wrote our mission on a Post-it: “Save companies time and money.” Our mission hasn't changed. It’s just gotten bigger.
14
1
65
7,817