The Ledger, every show

“And like, at some point people are going to start killing themselves and each other because of AIs.”

“I think Solana flips Ethereum.”

“So the story I've heard, and someone can correct me in comments, I'm sure someone will, is that when he started Salesforce, it was billed as like this cloud CRM. And this platform, but it was total bullshit. He basically went to a bunch of people and sold them…”

“Everyone, you know, you're up there applauding like this, like window, we're going to get to Mars in Trump's administration. And it's absolute horseshit. Like we, like there aren't even window launch windows open for that to happen.”

“Well, and believe it or not, at least I saw on social media, they had fired the entire team. So this was, they were able to produce with no people using AI.”

“I just feel like this is over, right? Which I know is not what you're supposed to say, and, like, that helps purpose with town out and the whole nine yards, but, like, you know, Trump just had, like, one of the all-time ten-day periods ever, right?”

“It's like, in the history of Blackstone, they've raised, what is it, like, call it half a trillion dollars. That's again, that's not the number, but it's an enormous number of capital. They've had, like, one fund in, like, 40 years that has done more than thre…”

“I think saying ban TikTok, that's a thing that like candidly might be marginally better, but you'll never get done.”

“Both Tesla and SpaceX are the two highest, I believe, like, dollars per dollar of revenue, or whatever you want to do, like, things in the world.”

“And then AI, I think AI probably helped them with this, that they have a turbine they can use to run data centers, power for data centers. So they're not a supersonic company. They're just a jet engine company because they couldn't get anyone to sell them jet …”

“Anthropik's now a three hundred fifty billion dollar company.”

“You forgot the most important line, which is you're not going to have regulatory approval.”

“Like, you know, the, you know, everyone's excited that he gets a hundred million dollar Amazon contract, but then he spends more than that on the show, right?”

“At the same time, DJI, like today, announced the drone company that they're no longer limiting drones, like, from flying in restricted airspace in the United States, which I'm sure is actually unrelated, but it's a hilarious story.”

“There's this hack where some Goldman Sachs guys got cabinet positions and they're like, well, the reason they did that, or like at some level of seniority of the government is because you are forced to sell, but you don't have to pay taxes on the sale. And so …”

“There's this hack where some Goldman Sachs guys got cabinet positions and they're like, well, the reason they did that or like at some level of seniority of the government is because you are forced to sell, but you don't have to pay taxes on the sale. And so i…”

“Telegram tells this whole story about encryption and pro free speech, but it's actually not end to end encrypted.”

“You know what also got reported this week was how NVIDIA scrapped their large language model they had been working on that had been stealing all this information, like, in content from Netflix and everyone else, and they realized, oh, shit, we really can't lau…”

“They're not the biggest shipping EV company in the world anymore. It's that Chinese company. Everyone has EVs. That kind of like structural advantage that makes them dramatically more valuable or differentiated from car companies is gone.”

“There's just no chance that in that environment they're gonna, like, risk any youth vote, even if they're terrible, woke people, for the sake of banning TikTok right now. And I think that sucks, because I think it is a huge national security risk, But I think …”

“Apple's not gonna kick them out. Apple's China exposure is enormous, right? Like, you know, even if they should, they won't, right?”

“Sequoia's an enormous investor. It's like, Reid Hoffman, who's a huge Democratic donor and would have a lot of sway in Washington as a huge investor. Like, they're all investors.”

“Which will not happen.”

“They're not going to have a job doing that in like three months.”

“They're funds, they're cutting fund sizes left and right, and they're combining funds to bulk them up.”

“I'll say yes on one-time replication, and I'll go further to say, like, this is my AI killer scenario, where, like, it's so disruptive if it happens, right, that, like, it's worth putting a lot of effort in trying to figure it out.”

“And it probably gets done, and even doesn't get done, whatever. Like, I don't think it really impacts the early stage market.”

“I don't think the cities are going to let the scooter companies be profitable or be meaningfully profitable.”

“I believe that in a recent survey, AI has a lower approval rating than Jeffrey Epstein. It's, like, six percent.”

“The venture funds are still the venture funds, but like most of the assets are not in the venture funds. They're in heritage.”

“Gavin Newsom just out of the blue, just like called for the resignation of the president of Harvard for doing like any deal with Donald Trump.”

“There are other people who do things that are very similar that do more than a billion.”

“Nonetheless, OnlyFans, the story is up for sale and there's some really interesting stuff about it.”

“Bill Ackman had some people running. I got more votes than him. I got with incredibly close to getting it done, but didn't get it done.”

“Private to private transactions are going to happen way more. Right. Like you're going to look just as it happened in private equity, like funds will sell the funds.”

“Facebook was massively profitable. From the early days, it was always almost zero cost from a user perspective. It was a great business from the very early days.”

“We launched Jelly Jelly, right? Which as pod listeners remember, went in six hours from zero to like over a two hundred million dollar market cap on half a billion in volume, which was all these crazy people playing this game.”

“They spent so much time trying to figure out how to engineer it so that it would brick it if you try to disable that LED for exactly that reason. Like it's a wild, the amount of engineering that went into that, like, make sure the LED cannot be disabled for ex…”

“Oh, I was short that. There's a zero percent chance.”

“I mean, I, you know, you have people like Sam Altman on stage, you know, what now, 18 months ago saying we were 14 months from AGI and all the jobs were over, right?”

“Bitcoin 200,000.”

“Look, Sadika, I promise you, is not making the hardware. Like, they make, they print lenses and, like, slap plastic on the brand and make a bunch of money on margin. Like, they're not a manufacturing company.”

“They're going to sell, you know, they're going to sell it to the Saudis.”

“Yes. Unless he does some hissy fit about his compensation package and like.”

“Well, I don't know what's public or not, but they, I don't know if this is public. They're going to have that money.”

“No, TikTok won't be banned, but it should be.”

“We will get a Bitcoin ETF, finally.”

“It literally doesn't matter what they report, the stock will go up.”