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The world is going to keep getting better because people are going to keep making it better.
Techno-Industrial Deep Dives:
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
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.
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
Pretty cool that we made big progress in understanding human and machine minds in the same week. Age of Miracles.
1/ We discovered something totally unexpected about the neural structure of consciousness that overturns decades of thinking on its biological basis and brings us significantly closer to the recipe for generating conscious awareness.
New preprint: biorxiv.org/content/10.64898… (led by @HesseJanis, with @FrankLanfranchi, @_conor_mcgrory, @Yuelin_Shi, and @EngelTatiana)
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.
.@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
Read All the Good News That's Fit to Print at @notboringco, brought to you by our friends @reductoai
notboring.co/p/weekly-dose-o…
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 👇
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.
(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.














