Packy McCormick
Founder & Writer, Not Boring. On 5 shows, 8 appearances. The Shows tab opens the full record on each.
authorinvestorfounderexecutive@packyM ↗LinkedIn ↗notboring.co ↗
Packy McCormick is the founder and writer of Not Boring, a business and technology newsletter. He also manages Not Boring Capital, an early-stage venture fund investing in tech companies.
5shows
8appearances
103statements
15resolved
13supported
0contradicted
87%fully supported
72said about them ↓ Everything Packy McCormick said on any show that made the record, most notable first. Each card names its show and opens the statement there.
McCormick: Startups can put K-12 education on a Moore's Law curve
“And I think they actually can, you can like put education on a Moore's law, like cost curve and get, make education better for less and less money.”
McCormick: Creator egos make Substack newsletter bundles nearly impossible
“That actually I think in practice, like when you, when you're like dealing with people who have kind of like egos and think that their own thing is like the thing most important are really, really, really hard to pull off in practice. Like I wouldn't want to b…”
McCormick: In five years much of finance will run on blockchains
“And I think it's like some point in five years, a lot of finance is going to run on Solana on ETH maybe on sweet or, you know, like a lot of, I think it's inevitable that, that more and more. Finance will move over to crypto stable coins and having Stripe behi…”
McCormick: Reducing investment decisions to market maps or one-sentence theses fails
“And like anybody who like boils it down to like a market map or like a one sentence thesis on a company, I think is like just a very tough way to invest.”
McCormick: AI will prove concise answers matter less than immersive storytelling
“I think, like, AI will make us see, like, answers are, like, really not important, but you want to read Robert Caro, because, like, you want to read Thousands and thousands of pages that, like, really make you feel and understand what it was like to be in the …”
McCormick: Backing the right founder is a compression algorithm for research
“I do think, like, and people say this, and it's cheesy, and it's, like, also true, is that the founder really matters, and, like, there's definitely a midwit curve on that that I've written about before, which is, like, You think founders really matter and the…”
McCormick: Much of VC Diligence Is Performative Theater to Justify Deals
“Cause I do think there's like just so much venture theater. Where, like, you just have to do a bunch of stuff because, like, your boss, you know, your GP expects it, or their LPs expect it. Like, there's just a bunch of, like, shit that you have to produce to,…”
McCormick: Earth AI won't need future venture funding if its model works
“If this model goes well, like, They do not need to raise again. Cause they can sell state little, little stakes in their minds and use it to fund.”
McCormick: SpaceX suffered only ~50% dilution despite raising $10B in equity
“I think they're like 50% dilution over the past 20 years, even though they've raised ten billion dollars of, you know, of equity aside from secondaries.”
McCormick: Fuse monetizes pulsed power radiation before reaching fusion energy
“If you go with this one particular architecture, what you're really doing is selling radiation by building these pulse power generators, and you can use that for Radhart Electronics and nuclear arsenal testing and, like, all these things that can, like, genera…”
McCormick: AI could create a winner-take-all dynamic in corporate cards like Ramp
“AI is the reason that a company that might not have been winner-take-all before would be winner-take-all now. Like, I think RAMP is a really interesting example of, like, There might be a winner take all dynamic in corporate cards at some point. If like that s…”
McCormick: Consumer brand equity creates real value in AI despite commoditization
“That is a brand that like, you know, he might be with, like talking to ChatGPT for the rest of his Life, you know, or like some version of it. And so I do think there's real value in brand.”
McCormick: Nuclear reactor markets will ultimately be decided by brand power
“I think like nuclear ends up coming down, will end up coming down to like brand, like who got something working early on and like, you know, nobody ever got fired for buying like reactor company X that is good enough and cheap enough and whatever else and safe…”
McCormick: Opendoor stock will outperform rivals due to its iBuying lead
“I think that Opendoor is gonna do the best. I think they have the biggest lead in, in iBuying, and I think that's a huge, huge opportunity Particularly because they have the best company value in all of the world, which is bips for breakfast.”
McCormick: A DAO with physical locations is perfect for modern social clubs
“I mean, today, what not boring club would have been is really a Dow probably with physical locations. I think actually that model works really well for what I was trying to do at the time.”
McCormick predicts Not Boring will cross $1M in revenue in 2021
“And I have a few pieces kind of coming up, and so I think chances are we're going to just kind of cross a million dollars in 2021.”
McCormick: 80% of DAOs will fail, but the top 20% outperform corporations
“I think Eight out of 10 DAOs might totally fail because they have like kind of that leadership issue or like who is the final decision maker issue. But I think those other two are going to do things that like you might not have ever thought to do with a tradit…”
McCormick: Not Boring Capital never led a round across 91 investments
“Did you lead a single round? Did you write any term sheets? Were you the biggest check in any one of those 91 investments? Never. And that's all part of the strategy, right?”
McCormick: Not Boring Capital does less diligence than most co-investors
“I wrote in both the public and private memo that like I'm doing probably less diligence than most people on a specific company than most people who are investing in a company will.”
McCormick details the scope of his advisory role with a16z Crypto
“The advisory there is like, you know, working with some of the companies in their portfolio to think about how they tell their story, writing pieces. Like I wrote with Chris in the economists, like they'll introduce me to companies, you know, that they've inve…”
McCormick: Free newsletters grow faster and drive more serendipity than paid models
“And I want to keep it kind of free and open. I think it grows better. More people can read it. It creates more serendipity. Like there's just a lot of good things that come if I'm, you know, kind of willing to trade off the security of a paid subscription.”
McCormick: Not Boring charges $10,000 for sponsored deep-dive essays
“Yeah, 10 grand in January and kind of it scales, scales linearly with the audience is how I'm thinking about it now.”
McCormick: OpenAI and Anthropic inference margins are healthy
“Well, it's way, way cheaper than what you pay to Anthropic or OpenAI, so they must have good margins, and everyone sort of agrees at this point that inference margins are in fact healthy.”
Packy: Deep tech execution inherently creates uncopyable marketing content
“For these companies, there's just, like, actually an opportunity to just show off what you're doing, and, like, that in itself is differentiated because it's so hard to do. That like just actually getting the thing done, like kind of creates all of this unbeli…”
The other half of the tape: Packy McCormick's own voice is left out of every number here. Other people bring the name up 71 times in 28 episodes across the shows. 1 statement on the record names them. every mention, with the transcript →
Who brings them up most John Coogan 35Molly O'Shea 9Jordi Hays 7Kyle Harrison 3Zach Schendel 2John Andrew 2David Rosenthal 2Ben Gilbert 2
Statements about Packy McCormick, by other people (1)
Creators like Lenny Rachitsky and Packy McCormick built valuable media assets
“Like I think there are people like the Lenny's and the packies and folks like that, that have just really, I'm a big fan of Mario Gabrielle and the generalists, like those types of people I think have done an incredible job building a real asset.”
Every mention by year
tap a year for its mentions
TBPN 47
Sourcery 16
Acquired 5
the a16z Podcast 3
2026 8 mentions in 7 episodes 1 per episode
- 300 Pages on Anduril: Inside Modern Warfare · Sourcery with Molly O'Shea
- GPT-5.6 Reactions, Phoebe Gates’ Phia Drama, Hollywood Chases Internet Horror | Diet TBPN
- Ben Horowitz on the Global Race for Tech, Power, and Influence
- Google I/O: Day 1 Reactions, Goldman to Lead SpaceX IPO | Diet TBPN
- Ben Horowitz on American Dynamism and the Future of AI | The a16z Show
- Why Claude Feels Different (And What That Means for AI) | The a16z Show
- We're all Jerome Powell, Apple and Google Make it Official, Anthropic Health Care | Diet TBPN
- every mention in 2026, scene by scene →
2025 15 mentions in 6 episodes 3 per episode
- Base Power's $200M Series B | Co-Led by Lee Fixel, A16Z, Lightspeed, & Valor Equity Partners · Sourcery with Molly O'Shea
- How Wander Raised Over $100M+ to Reinvent Luxury Travel · Sourcery with Molly O'Shea
- Inside Klarna's IPO CEO Sebastian Siemiatkowski · Sourcery with Molly O'Shea
- Apple in China: Tim Cook’s $275B Pledge | Patrick McGee · Sourcery with Molly O'Shea
- "Work at an outstanding organization first" - Keith Rabois Advice on Starting Companies
- The Character AI Controversy (Role Play)
- every mention in 2025, scene by scene →
2024 43 mentions in 11 episodes 4 per episode
- What is the TRUMP BUBBLE? (ep11)
- How BILLIONAIRES dress for XMAS (ep17)
- The Secret Billionaire Party (ep6)
- Who's Getting Rich Off Ozempic? (e12)
- FACT CHECKERS vs. tech article (ep14)
- CEO Assassination Deep Dive (ep19)
- How to Spend a Trillion Dollars Fast (ep13)
- Billionaires XMAS list (ep21)
- 3 more episodes that year, every mention in 2024 →
2022 3 mentions in 3 episodes 1 per episode
2021 2 mentions in 1 episode
One line per show, most statements first. The link opens Packy's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| SOURCERYLEDGER | Founder & Writer, Not Boring | 2 | 36 | 80% 4/5 | full record on Sourcery → |
| ACQUIREDLEDGER | Founder & Writer, Not Boring | 2 | 36 | 86% 6/7 | full record on Acquired → |
| TBPNLEDGER | Founder & Writer, Not Boring | 2 | 17 | 100% 2/2 | full record on TBPN → |
 TOP FOUNDERSLEDGER | Founder & Writer, Not Boring | 1 | 12 | 100% 1/1 | full record on Top Founders → |
| a16zLEDGER | Founder & Writer, Not Boring | 1 | 2 | — | full record on the a16z Podcast → |