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Antonio Inoki selling Tabasco. First, ring announcer Kero Tanaka introduces “Mr Tabasco” from the red corner. Then Inoki recruits Tiger Mask to sneak some onto their okonomiyaki. Inoki’s Anton Trading company helped popularise the sauce in Japan.

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Allan

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53,385 views • 1 month ago •via X (Twitter)

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Episode 18 of the @TradingPlacesPod featuring James Riney from Coral Capital is out now! This week: Dave McClure and Aman Verjee kick off 2026 with their macroeconomic predictions (GDP growth, Fed rate cuts, and tax refunds), break down the IPO market outlook (SpaceX at $1.6T?!, OpenAI, Anthropic, Databricks), and dive deep into the secondary market dynamics for companies that won't go public in 2026. Plus, we explore the private Mag 7 vs. public Mag 7 in our [valuation corner] to answer the big question: where would you rather be—public or private markets? Then, Dave sits down with James Riney🐠Coral Capital, founder and managing partner of Coral Capital in Tokyo, Japan. James shares how he went from J.P. Morgan to founding one of Japan's largest crypto exchanges (Coin Check) to launching 500 Startups Japan (now Coral Capital) at age 26. They discuss Japan's explosive VC growth (from $700M to $7-10B annually), the rise of "hidden unicorns" (companies that IPO'd before hitting $1B), why secondaries weren't a thing in Japan until recently, and Coral's massive $100M secondary sale in SmartHR—the largest secondary exit ever in Japan that returned 6X on their fund while still holding half their stake. [ timestamps ] 00:00 – cold open 01:07 – [ tech & vc news ] 01:29 – macro growth picture 🖼️ 07:40 – 2026 IPO predictions 🔮 10:24 – 2ndry market game plan 🏈 16:43 – NVIDIA gives Groq Inc $20B 💰 22:00 – SoftBank buys DigitalBridge $4B 🌉 23:01 – Google acquires Intersect $4.75B 💸 25:42 – Meta hands Manus $2B 👋 27:25 – hot IPO Market in China 31:35 – [ intvw: James Riney / Coral Capital ] 31:46 – $100M 2ndry sale of SmartHR 🧠 34:44 – Japanese founding story 🏯 36:15 – Japan startup scene 🇯🇵 41:35 – Coral Capital strategy 🪸 43:54 – China vs Japan vs USA 🌏 1:13:59 – [ val corner: mag7 public vs private ] 1:13:59 – public mag7 analysis 🔔 1:18:38 – Tesla Elon Musk magic 🪄 1:22:00 – private mag7 deep dive 🕵️ 1:27:10 – 2026 2ndry strategy 🧐 1:30:51 – second takes Pod highlights this week: -2026 macro setup is strong: 4% GDP growth, Fed quantitative easing starting, and the biggest tax refunds ever hitting Q1 (tips, social security, overtime exemptions) -IPO predictions: SpaceX targeting $1.6T valuation, OpenAI and Anthropic likely to go public, plus Databricks, Stripe, Canva, Kraken in the mix -Private market reality check: top 10 AI companies getting all the attention, but the real secondary opportunities are in the next 200-300 companies trading at discounts -Nvidia's shopping spree: $20B for Groq (talent + inference tech), $100B in annual free cash flow to deploy—expect more acquisitions -Japan VC market exploded: from $700M (2015) to $7-10B today, with companies IPO'ing at series B/C stage instead of staying private for 12 years -SmartHR secondary: Coral Capital's $100M sale to General Atlantic = largest secondary in Japan history, 6X return on fund, still holding half their stake for the IPO -Hidden unicorns in Japan: 42+ companies hit $1B valuation within 12 years but were already public—so they don't count in "unicorn" stats (definition = private company) -Why secondaries are new in Japan: companies used to IPO at $60M revenue (series B/C stage), so no need for secondary liquidity—but now top companies raising $100M+ private rounds and staying private longer -Valuation corner showdown: Public Mag 7 trading at 7-10X revenue with profits; Private Mag 7 top tier (OpenAI, Anthropic, xAI) at 20-30X revenue with no profits—priced for perfection -Dave's take: avoid the froth at the top (OpenAI, Anthropic, SpaceX), hunt for value in second-tier private companies (Canva at 7X revenue, Databricks at 20X revenue) trading at discounts outside organized tender windows -James Riney's journey: from 26-year-old startup founder to launching 500 Startups Japan (now Coral Capital) to closing the largest secondary in Japanese VC history -US-Japan partnership thesis: Japan is the largest foreign investor in the US ($500B+), critical manufacturing ally in the China pullback, and Coral Capital now investing in US companies that can win Japan
1:31:42

Episode 18 of the @TradingPlacesPod featuring James Riney from Coral Capital is out now! This week: Dave McClure and Aman Verjee kick off 2026 with their macroeconomic predictions (GDP growth, Fed rate cuts, and tax refunds), break down the IPO market outlook (SpaceX at $1.6T?!, OpenAI, Anthropic, Databricks), and dive deep into the secondary market dynamics for companies that won't go public in 2026. Plus, we explore the private Mag 7 vs. public Mag 7 in our [valuation corner] to answer the big question: where would you rather be—public or private markets? Then, Dave sits down with James Riney🐠Coral Capital, founder and managing partner of Coral Capital in Tokyo, Japan. James shares how he went from J.P. Morgan to founding one of Japan's largest crypto exchanges (Coin Check) to launching 500 Startups Japan (now Coral Capital) at age 26. They discuss Japan's explosive VC growth (from $700M to $7-10B annually), the rise of "hidden unicorns" (companies that IPO'd before hitting $1B), why secondaries weren't a thing in Japan until recently, and Coral's massive $100M secondary sale in SmartHR—the largest secondary exit ever in Japan that returned 6X on their fund while still holding half their stake. [ timestamps ] 00:00 – cold open 01:07 – [ tech & vc news ] 01:29 – macro growth picture 🖼️ 07:40 – 2026 IPO predictions 🔮 10:24 – 2ndry market game plan 🏈 16:43 – NVIDIA gives Groq Inc $20B 💰 22:00 – SoftBank buys DigitalBridge $4B 🌉 23:01 – Google acquires Intersect $4.75B 💸 25:42 – Meta hands Manus $2B 👋 27:25 – hot IPO Market in China 31:35 – [ intvw: James Riney / Coral Capital ] 31:46 – $100M 2ndry sale of SmartHR 🧠 34:44 – Japanese founding story 🏯 36:15 – Japan startup scene 🇯🇵 41:35 – Coral Capital strategy 🪸 43:54 – China vs Japan vs USA 🌏 1:13:59 – [ val corner: mag7 public vs private ] 1:13:59 – public mag7 analysis 🔔 1:18:38 – Tesla Elon Musk magic 🪄 1:22:00 – private mag7 deep dive 🕵️ 1:27:10 – 2026 2ndry strategy 🧐 1:30:51 – second takes Pod highlights this week: -2026 macro setup is strong: 4% GDP growth, Fed quantitative easing starting, and the biggest tax refunds ever hitting Q1 (tips, social security, overtime exemptions) -IPO predictions: SpaceX targeting $1.6T valuation, OpenAI and Anthropic likely to go public, plus Databricks, Stripe, Canva, Kraken in the mix -Private market reality check: top 10 AI companies getting all the attention, but the real secondary opportunities are in the next 200-300 companies trading at discounts -Nvidia's shopping spree: $20B for Groq (talent + inference tech), $100B in annual free cash flow to deploy—expect more acquisitions -Japan VC market exploded: from $700M (2015) to $7-10B today, with companies IPO'ing at series B/C stage instead of staying private for 12 years -SmartHR secondary: Coral Capital's $100M sale to General Atlantic = largest secondary in Japan history, 6X return on fund, still holding half their stake for the IPO -Hidden unicorns in Japan: 42+ companies hit $1B valuation within 12 years but were already public—so they don't count in "unicorn" stats (definition = private company) -Why secondaries are new in Japan: companies used to IPO at $60M revenue (series B/C stage), so no need for secondary liquidity—but now top companies raising $100M+ private rounds and staying private longer -Valuation corner showdown: Public Mag 7 trading at 7-10X revenue with profits; Private Mag 7 top tier (OpenAI, Anthropic, xAI) at 20-30X revenue with no profits—priced for perfection -Dave's take: avoid the froth at the top (OpenAI, Anthropic, SpaceX), hunt for value in second-tier private companies (Canva at 7X revenue, Databricks at 20X revenue) trading at discounts outside organized tender windows -James Riney's journey: from 26-year-old startup founder to launching 500 Startups Japan (now Coral Capital) to closing the largest secondary in Japanese VC history -US-Japan partnership thesis: Japan is the largest foreign investor in the US ($500B+), critical manufacturing ally in the China pullback, and Coral Capital now investing in US companies that can win Japan

trading places

23,864 views • 8 months ago

12 MORE ICONS OF JAPANESE CULTURE WHICH HAVE CHINESE ORIGINS 12. Karate NOT Japanese in origin, but Chinese. This is one amazing story. In the 1300s, experts in Chinese martial arts travelled to an island kingdom called Ryukyu and shared their skills. The Japanese samurai invaded the island in 1609 to create a puppet state—and banned the carrying of weapons. The people of Ryukyu refined their Chinese martial arts skills to create a weapons-free way of combat with which to defend themselves. They called it kara-te 唐手, which translates to "Chinese hand". This was later changed to “empty hand”. . QUICK NOTE: This is part two of a series. In the widely viewed first section last week, we featured ramen, bonsai, green tea, Zen Buddhism, the Kimono and so on. . 11. The Parasol What could be more Japanese than the parasol, as used in countless images of women in kimonos? While umbrellas evolved separately in multiple places around the world, the delicate, collapsible oil-paper parasol to shield you from the sun was created in China and spread to Japan. . 10. Mochi and Manju Mochi is a type of chewy cake made of pounded rice which is synonymous with Japan. But it was probably first imported from China in 300 BC, historians say. In Japan, the written character for 'mochi' is the Chinese word for 'cake', and Hong Kong still has an item called "loh máih chìh". Then there’s the Japanese manju, a stuffed bun. A Japanese monk named Enni visited China and got the recipe for steamed buns. On his return to Japan in 1241, he went to see a teahouse owner who had been generous to monks, who had to beg for food. He gave the recipe to the teahouse boss and wrote a sign saying “Place to eat Manju”—a sign now preserved in a Japanese museum. . 9. The Geisha Geisha is the Japanese name for ornately dressed women who are officially entertainers, but many see the term has having sexual overtones. The modern tradition echoes the female entertainers tradition of the Heian-kyo period beginning in AD 794, which in turn appears to have been influenced by the Geji, women in China who provided musical entertainment and other sorts of entertainment to men from a long time ago, all the way back in 260 BC. . 8. Koi Koi, the ornamental fish used in garden ponds, is actually a type of carp that has been raised in fish-farms for centuries. These aquaculture centers existed in Japan since the 19th century and in China since the fourth century BC. But it must be said, while both countries celebrate these beautiful fish, the breeding techniques developed to create varieties of multicolored koi are very much a Japanese skill. . 7. The Shamisen The Geisha women, mentioned earlier, often played the shamisen, a three-stringed instrument structured like a banjo. It originated in China as the sanxian, and likely travelled to Japan via Korea and or the Ryuku islands in the 1560s. . 6. Noh theatre Some readers asked whether Kabuki theatre had Japanese roots. The answer is no. But Japan’s other theatre tradition, called Noh, stems from a Chinese performing art called sangaku which included music, acrobatics and illusions. It crossed the waters to Japan in the eighth century. . 5. Miso and Soy Miso is a savory Japanese seasoning made from fermented soy beans, often used as the basis of miso soup. While savory condiments were made in Japan since prehistoric times, the use of fermented soy foods developed in China in the third century BC. This processed food was introduced to Japan, along with Zen Buddhism, in the sixth century AD. A closely related item is soy sauce. Today, because of the success of the Japanese Kikkoman brand, many westerners think soy sauce is Japanese. The taste is fine, but gourmands often note that the original soy sauce from China is simultaneously more savory and slightly sweeter. Try them both. . 4. Dragons Japan is obsessed with dragons – military squadrons call themselves dragons, as do Yakuza groups, and there are dragon parades and entire mythologies about the mysterious ancient beasts. But the words used in Japanese reveal the concept's Chinese origins. The oldest reference to a dragon anywhere in the world is an image from China that is seven millennia old – yep, that’s not a misprint – it’s seventy centuries old. . 3. Gyoza Many westerners love gyoza, which they think of as Japanese fried dumplings. But food historians know they are simply the Japanese version of the age-old Chinese dumpling known as Jiaozi. . 2. Bowing For millennia, the Chinese used bowing as a common way to show respect, both in the temple to the ancestors, and in society to high-ranking people. It was adopted in Japan in the 7th century to become part of samurai etiquette. Gradually, it spread throughout Japanese society, where it became a common greeting. . And now we come to number one: The name Japan. The name Japan is actually from China. From the Chinese point of view, the islands to the east are the place from where the sun appears every morning. So they called it “sun origin”. The pair of characters was pronounced something like this: jrr-bnn. With regional variations, jrr-bnn became ja-pan, ni-pon, ni-hon, je-pang and so on. It’s interesting to note that even the flags of Japan are based on the Chinese point of view—they show the rising sun. Now from the point of the indigenous people of that land, of course, it was NOT the place where the sun rose. From their point of view, the sun rose not from their island, but from somewhere distant in the Pacific Ocean. So the concept of these islands as a place called Japan, as the Land of the Rising Sun, is in itself a Chinese concept. . THE OTHER SIDE Okay, that’s 12 more ideas on this theme. Want to add others? Or dispute the ones just mentioned? Go right ahead. I’m always willing to learn. Some people asked for examples of trends which go the other way—I can immediately think of one. The lucky cat you see in shops in China are assumed to be Chinese but seem to have originated in Japan. If you have more examples, I’d like to hear them. Peace.
8:08

12 MORE ICONS OF JAPANESE CULTURE WHICH HAVE CHINESE ORIGINS 12. Karate NOT Japanese in origin, but Chinese. This is one amazing story. In the 1300s, experts in Chinese martial arts travelled to an island kingdom called Ryukyu and shared their skills. The Japanese samurai invaded the island in 1609 to create a puppet state—and banned the carrying of weapons. The people of Ryukyu refined their Chinese martial arts skills to create a weapons-free way of combat with which to defend themselves. They called it kara-te 唐手, which translates to "Chinese hand". This was later changed to “empty hand”. . QUICK NOTE: This is part two of a series. In the widely viewed first section last week, we featured ramen, bonsai, green tea, Zen Buddhism, the Kimono and so on. . 11. The Parasol What could be more Japanese than the parasol, as used in countless images of women in kimonos? While umbrellas evolved separately in multiple places around the world, the delicate, collapsible oil-paper parasol to shield you from the sun was created in China and spread to Japan. . 10. Mochi and Manju Mochi is a type of chewy cake made of pounded rice which is synonymous with Japan. But it was probably first imported from China in 300 BC, historians say. In Japan, the written character for 'mochi' is the Chinese word for 'cake', and Hong Kong still has an item called "loh máih chìh". Then there’s the Japanese manju, a stuffed bun. A Japanese monk named Enni visited China and got the recipe for steamed buns. On his return to Japan in 1241, he went to see a teahouse owner who had been generous to monks, who had to beg for food. He gave the recipe to the teahouse boss and wrote a sign saying “Place to eat Manju”—a sign now preserved in a Japanese museum. . 9. The Geisha Geisha is the Japanese name for ornately dressed women who are officially entertainers, but many see the term has having sexual overtones. The modern tradition echoes the female entertainers tradition of the Heian-kyo period beginning in AD 794, which in turn appears to have been influenced by the Geji, women in China who provided musical entertainment and other sorts of entertainment to men from a long time ago, all the way back in 260 BC. . 8. Koi Koi, the ornamental fish used in garden ponds, is actually a type of carp that has been raised in fish-farms for centuries. These aquaculture centers existed in Japan since the 19th century and in China since the fourth century BC. But it must be said, while both countries celebrate these beautiful fish, the breeding techniques developed to create varieties of multicolored koi are very much a Japanese skill. . 7. The Shamisen The Geisha women, mentioned earlier, often played the shamisen, a three-stringed instrument structured like a banjo. It originated in China as the sanxian, and likely travelled to Japan via Korea and or the Ryuku islands in the 1560s. . 6. Noh theatre Some readers asked whether Kabuki theatre had Japanese roots. The answer is no. But Japan’s other theatre tradition, called Noh, stems from a Chinese performing art called sangaku which included music, acrobatics and illusions. It crossed the waters to Japan in the eighth century. . 5. Miso and Soy Miso is a savory Japanese seasoning made from fermented soy beans, often used as the basis of miso soup. While savory condiments were made in Japan since prehistoric times, the use of fermented soy foods developed in China in the third century BC. This processed food was introduced to Japan, along with Zen Buddhism, in the sixth century AD. A closely related item is soy sauce. Today, because of the success of the Japanese Kikkoman brand, many westerners think soy sauce is Japanese. The taste is fine, but gourmands often note that the original soy sauce from China is simultaneously more savory and slightly sweeter. Try them both. . 4. Dragons Japan is obsessed with dragons – military squadrons call themselves dragons, as do Yakuza groups, and there are dragon parades and entire mythologies about the mysterious ancient beasts. But the words used in Japanese reveal the concept's Chinese origins. The oldest reference to a dragon anywhere in the world is an image from China that is seven millennia old – yep, that’s not a misprint – it’s seventy centuries old. . 3. Gyoza Many westerners love gyoza, which they think of as Japanese fried dumplings. But food historians know they are simply the Japanese version of the age-old Chinese dumpling known as Jiaozi. . 2. Bowing For millennia, the Chinese used bowing as a common way to show respect, both in the temple to the ancestors, and in society to high-ranking people. It was adopted in Japan in the 7th century to become part of samurai etiquette. Gradually, it spread throughout Japanese society, where it became a common greeting. . And now we come to number one: The name Japan. The name Japan is actually from China. From the Chinese point of view, the islands to the east are the place from where the sun appears every morning. So they called it “sun origin”. The pair of characters was pronounced something like this: jrr-bnn. With regional variations, jrr-bnn became ja-pan, ni-pon, ni-hon, je-pang and so on. It’s interesting to note that even the flags of Japan are based on the Chinese point of view—they show the rising sun. Now from the point of the indigenous people of that land, of course, it was NOT the place where the sun rose. From their point of view, the sun rose not from their island, but from somewhere distant in the Pacific Ocean. So the concept of these islands as a place called Japan, as the Land of the Rising Sun, is in itself a Chinese concept. . THE OTHER SIDE Okay, that’s 12 more ideas on this theme. Want to add others? Or dispute the ones just mentioned? Go right ahead. I’m always willing to learn. Some people asked for examples of trends which go the other way—I can immediately think of one. The lucky cat you see in shops in China are assumed to be Chinese but seem to have originated in Japan. If you have more examples, I’d like to hear them. Peace.

Nury Vittachi

36,324 views • 10 months ago

It got a little lost, but part of the Schema release on Tuesday included a landing page for the app. I had fun putting it together and you should check it out.
0:26

It got a little lost, but part of the Schema release on Tuesday included a landing page for the app. I had fun putting it together and you should check it out.

Allan

37,279 views • 1 year ago

Hillary Clinton sold our uranium to Russia. Russia gave some of that uranium to Iran. President Trump then had to wipe out the Iranian regime and democrats barked at him for cleaning up the mess that Hillary Clinton and Barack Obama was responsible for — arming enemies of the United States of America. That's Treason. The money from that Uranium One sale went through the Clinton Foundation. CNN's Jake Tapper was a CIA media asset for Barack Obama's DNI James Clapper to leak FAKE Russia collision propaganda tying Donald Trump to Russia for helped him hack the 2016 election against Hillary Clinton. Those were all lies to try and impeach Trump and then sway voters away from Donald Trump in the following election. Although Hillary Clinton got wealthy by selling off America piece by piece, President Trump is in a very strategic position to teach her that Treason Doesn't Pay Well In The End. Obama spying on President Trump - Jeffrey Epstein - PizzaGate - Pedophile Rings - Child Trafficking Rings - Clinton Foundation - Crossfire Hurricane - Russia Collusion HOAX - Uranium One - it's ALL intertwined as an interconnected web within the Clinton Foundation. The REAL Russia Collusion was involving the Clinton - Pedophile John Podesta - Obama administration and Frank Giustra, whom also founded Lionsgate, a MASSIVE global media company and a YUGE Pedo-Wood production conglomerate! A Uranium One Primer – Clinton Foundation - Frank Giustra & Kazakhstan’s Uranium Assets: Bill Clinton met Canadian investor Frank Giustra in June 2005, during a fund-raiser at Mr. Giustra’s Vancouver home. Frank Giustra owned UrAsia, a small, newly formed, Uranium company that was seeking to purchase lucrative uranium reserves in Kazakhstan. Kazakhstan has about 1/5 of the world’s uranium reserves. Clinton & Giustra had a private meeting with Kazakhstan President Nazarbayev on September 6, 2005. Frank Giustra donated a total of $145 million to the Clinton Foundation. The donations appeared to be directly tied to the series of transactions involving UrAsia, Kazatomprom, Uranium One & ultimately, Rosatom (Russia’s Nuclear Agency) $31.3 million came directly after the closing of the UrAsia/Kazatomprom transaction in early 2006. Giustra pledged another $100 million in June 2007, after the closing of Uranium One’s acquisition of Giustra’s company, UrAsia. Another $2.3 million was paid to the Clinton Foundation by Ian Telfer, the Chairman of Uranium One. Between $1.3 million & $5.6 million in contributions came from multiple people with ties to Uranium One / UrAsia. The agreement transformed UrAsia from a small unknown shell company into one of the world’s largest uranium producers overnight. The deal with Kazakhstan made Giustra’s company, Uranium One, a major player. It proceeded to buy large amounts of holdings in the United States. Uranium One thus became an attractive target for Russia as Russia then made a hugely attractive offer to purchase the company. Such a deal requires approval by the U.S. government — specifically — by the Secretary of State, who then was Hillary Clinton. During the period when the deal with Russia was under consideration, the Clinton Foundation received millions of dollars from key Uranium One shareholders. 4 months later, Giustra made the $31.3 million donation to the Clinton Foundation. In September 2006, Giustra co-hosted Bill Clinton’s 60th birthday, an event that raised $21 million for the Clinton Foundation. During this period, Bill Clinton also received $500,000 for a Moscow speech from a Russian investment bank. These criminals are responsible
7:49

Hillary Clinton sold our uranium to Russia. Russia gave some of that uranium to Iran. President Trump then had to wipe out the Iranian regime and democrats barked at him for cleaning up the mess that Hillary Clinton and Barack Obama was responsible for — arming enemies of the United States of America. That's Treason. The money from that Uranium One sale went through the Clinton Foundation. CNN's Jake Tapper was a CIA media asset for Barack Obama's DNI James Clapper to leak FAKE Russia collision propaganda tying Donald Trump to Russia for helped him hack the 2016 election against Hillary Clinton. Those were all lies to try and impeach Trump and then sway voters away from Donald Trump in the following election. Although Hillary Clinton got wealthy by selling off America piece by piece, President Trump is in a very strategic position to teach her that Treason Doesn't Pay Well In The End. Obama spying on President Trump - Jeffrey Epstein - PizzaGate - Pedophile Rings - Child Trafficking Rings - Clinton Foundation - Crossfire Hurricane - Russia Collusion HOAX - Uranium One - it's ALL intertwined as an interconnected web within the Clinton Foundation. The REAL Russia Collusion was involving the Clinton - Pedophile John Podesta - Obama administration and Frank Giustra, whom also founded Lionsgate, a MASSIVE global media company and a YUGE Pedo-Wood production conglomerate! A Uranium One Primer – Clinton Foundation - Frank Giustra & Kazakhstan’s Uranium Assets: Bill Clinton met Canadian investor Frank Giustra in June 2005, during a fund-raiser at Mr. Giustra’s Vancouver home. Frank Giustra owned UrAsia, a small, newly formed, Uranium company that was seeking to purchase lucrative uranium reserves in Kazakhstan. Kazakhstan has about 1/5 of the world’s uranium reserves. Clinton & Giustra had a private meeting with Kazakhstan President Nazarbayev on September 6, 2005. Frank Giustra donated a total of $145 million to the Clinton Foundation. The donations appeared to be directly tied to the series of transactions involving UrAsia, Kazatomprom, Uranium One & ultimately, Rosatom (Russia’s Nuclear Agency) $31.3 million came directly after the closing of the UrAsia/Kazatomprom transaction in early 2006. Giustra pledged another $100 million in June 2007, after the closing of Uranium One’s acquisition of Giustra’s company, UrAsia. Another $2.3 million was paid to the Clinton Foundation by Ian Telfer, the Chairman of Uranium One. Between $1.3 million & $5.6 million in contributions came from multiple people with ties to Uranium One / UrAsia. The agreement transformed UrAsia from a small unknown shell company into one of the world’s largest uranium producers overnight. The deal with Kazakhstan made Giustra’s company, Uranium One, a major player. It proceeded to buy large amounts of holdings in the United States. Uranium One thus became an attractive target for Russia as Russia then made a hugely attractive offer to purchase the company. Such a deal requires approval by the U.S. government — specifically — by the Secretary of State, who then was Hillary Clinton. During the period when the deal with Russia was under consideration, the Clinton Foundation received millions of dollars from key Uranium One shareholders. 4 months later, Giustra made the $31.3 million donation to the Clinton Foundation. In September 2006, Giustra co-hosted Bill Clinton’s 60th birthday, an event that raised $21 million for the Clinton Foundation. During this period, Bill Clinton also received $500,000 for a Moscow speech from a Russian investment bank. These criminals are responsible

Bridgett Fertig

68,913 views • 6 months ago

Vinod Khosla and Sam Altman on how much equity to give your first 10 employees In the early days of Sun Microsystems, Vinod Khosla recruited some of the best engineers in the world: Andy Bechtolsheim, Bill Joy, and Eric Schmidt. Sam Altman asks Vinod how he convinced these people to join him when Sun was just a small startup. Vinod replies: “I see this as a major problem nowadays. People aren’t allocating equity widely enough. I think among the first three or four founders at Sun, we kept less than half of the common. The total was something like 25-27% for the founders, an equal or slightly larger chunk for everybody else we would hire, and then investors had like 40% after the A round. In retrospect, that was a very good idea.” When his son Neil founded the AI startup Curai Health, Vinod advised him to keep only 15% of the company rather than 45% and try to hire one or two people at 15%. Then he advised him to leave 30% of the pool for non-founders. Vinod explains his reasoning: “Even though they’re coming in later and they didn’t come up with the idea, they will be incredible resources, especially as magnets to attract other people. If you believe a company becomes the people it hires, then your task becomes attracting the best people, and selling depends on magnets.” This what Vinod did with Bill Joy. Vinod gave Bill half his equity even though Bill joined later: “Bill Joy was an incredible magnet. People wanted to work with Bill and Andy. And even if Bill didn’t do a day of work, he was more than worth it because he helped attract Eric Schmidt. I don’t think Eric would have come work for me as a 25 year old.” Sam Altman agrees on Vinod’s philosophy of maximizing the size of the pie rather than your ownership percentage: “I think this is the most important piece of advice we’ve talked about among many important things today. Being super generous with early employee equity and getting founder-quality people in the first 10 employees—I think all the evidence is on the side of doing this, and yet almost no one does. So there’s a huge edge if you’re willing to do it.” Vinod argues it’s the “single-most important thing to do in the first six months of a company.” The best people can start their own companies. If you want them to join your company, you have to be generous with equity. Video source: Y Combinator (2019)
4:00

Vinod Khosla and Sam Altman on how much equity to give your first 10 employees In the early days of Sun Microsystems, Vinod Khosla recruited some of the best engineers in the world: Andy Bechtolsheim, Bill Joy, and Eric Schmidt. Sam Altman asks Vinod how he convinced these people to join him when Sun was just a small startup. Vinod replies: “I see this as a major problem nowadays. People aren’t allocating equity widely enough. I think among the first three or four founders at Sun, we kept less than half of the common. The total was something like 25-27% for the founders, an equal or slightly larger chunk for everybody else we would hire, and then investors had like 40% after the A round. In retrospect, that was a very good idea.” When his son Neil founded the AI startup Curai Health, Vinod advised him to keep only 15% of the company rather than 45% and try to hire one or two people at 15%. Then he advised him to leave 30% of the pool for non-founders. Vinod explains his reasoning: “Even though they’re coming in later and they didn’t come up with the idea, they will be incredible resources, especially as magnets to attract other people. If you believe a company becomes the people it hires, then your task becomes attracting the best people, and selling depends on magnets.” This what Vinod did with Bill Joy. Vinod gave Bill half his equity even though Bill joined later: “Bill Joy was an incredible magnet. People wanted to work with Bill and Andy. And even if Bill didn’t do a day of work, he was more than worth it because he helped attract Eric Schmidt. I don’t think Eric would have come work for me as a 25 year old.” Sam Altman agrees on Vinod’s philosophy of maximizing the size of the pie rather than your ownership percentage: “I think this is the most important piece of advice we’ve talked about among many important things today. Being super generous with early employee equity and getting founder-quality people in the first 10 employees—I think all the evidence is on the side of doing this, and yet almost no one does. So there’s a huge edge if you’re willing to do it.” Vinod argues it’s the “single-most important thing to do in the first six months of a company.” The best people can start their own companies. If you want them to join your company, you have to be generous with equity. Video source: Y Combinator (2019)

Startup Archive

105,429 views • 11 months ago

Here’s a small demo of an agent I built called Turbo. Turbo perceives what’s on screen and operates MacOS with the mouse and keyboard — like a human. It’s smart and it’s fast (and getting faster). Imagine Clawdbot/Openclaw with Turbo! I’ll likely open-source this, but before I do, I’m looking for someone to join me. DMs are open.
0:27

Here’s a small demo of an agent I built called Turbo. Turbo perceives what’s on screen and operates MacOS with the mouse and keyboard — like a human. It’s smart and it’s fast (and getting faster). Imagine Clawdbot/Openclaw with Turbo! I’ll likely open-source this, but before I do, I’m looking for someone to join me. DMs are open.

Allan

29,783 views • 7 months ago

Japan calling itself the “only country to have suffered atomic bombings” is historically true in the narrowest possible sense—and morally obscene when used as a complete story. Because Japan did not arrive at Hiroshima and Nagasaki as an innocent bystander. It arrived there after invading and colonizing much of Asia, massacring civilians, conducting biological warfare, enslaving women, and leaving entire countries soaked in blood. The mushroom cloud did not erase Nanjing. It did not erase Unit 731. It did not erase Korea. It did not erase Southeast Asia. It did not erase the tens of millions of Asians Japan brutalized before 1945. Yet Japanese officials repeatedly take the last chapter of the war and present it as if it were the whole book. The propaganda technique is familiar: cut the historical timeline at the exact moment the aggressor becomes the victim. Israel does it with October 7. Japan does it with Hiroshima. Freeze history at the moment of retaliation, magnify that suffering, and push the preceding decades of occupation, ethnic cleansing, massacres and war crimes out of frame. Then walk onto the international stage wearing the halo of victimhood. That is not remembrance. That is historical laundering. And the hypocrisy becomes even uglier when Japan presents itself as a moral leader for a “nuclear-free world” while sheltering under the American nuclear umbrella and refusing to sign the Treaty on the Prohibition of Nuclear Weapons. Victimhood when useful. Nuclear protection when useful. Amnesia always. And there is a reason this narrative survived for decades. After World War II, Washington needed Japan as a Far Eastern outpost against China. Japan needed American protection and rehabilitation. Their interests aligned perfectly. So the atomic bombings were gradually reframed as a borderless “human tragedy,” detached from the war of aggression that preceded them. The defeated fascist state was repackaged as the nuclear age’s moral witness. The perpetrator acquired a halo. History acquired amnesia. Japan was a victim of nuclear bombing. It was also the aggressor that helped create the war in which those bombs were dropped. Both facts belong to history. You do not get to delete the first eighty pages because the ending hurts. For some countries, “never again” simply means “once again.” Victimhood does not confer moral superiority. And being bombed does not absolve a fascist state of what it did before the bomb fell.
3:48

Japan calling itself the “only country to have suffered atomic bombings” is historically true in the narrowest possible sense—and morally obscene when used as a complete story. Because Japan did not arrive at Hiroshima and Nagasaki as an innocent bystander. It arrived there after invading and colonizing much of Asia, massacring civilians, conducting biological warfare, enslaving women, and leaving entire countries soaked in blood. The mushroom cloud did not erase Nanjing. It did not erase Unit 731. It did not erase Korea. It did not erase Southeast Asia. It did not erase the tens of millions of Asians Japan brutalized before 1945. Yet Japanese officials repeatedly take the last chapter of the war and present it as if it were the whole book. The propaganda technique is familiar: cut the historical timeline at the exact moment the aggressor becomes the victim. Israel does it with October 7. Japan does it with Hiroshima. Freeze history at the moment of retaliation, magnify that suffering, and push the preceding decades of occupation, ethnic cleansing, massacres and war crimes out of frame. Then walk onto the international stage wearing the halo of victimhood. That is not remembrance. That is historical laundering. And the hypocrisy becomes even uglier when Japan presents itself as a moral leader for a “nuclear-free world” while sheltering under the American nuclear umbrella and refusing to sign the Treaty on the Prohibition of Nuclear Weapons. Victimhood when useful. Nuclear protection when useful. Amnesia always. And there is a reason this narrative survived for decades. After World War II, Washington needed Japan as a Far Eastern outpost against China. Japan needed American protection and rehabilitation. Their interests aligned perfectly. So the atomic bombings were gradually reframed as a borderless “human tragedy,” detached from the war of aggression that preceded them. The defeated fascist state was repackaged as the nuclear age’s moral witness. The perpetrator acquired a halo. History acquired amnesia. Japan was a victim of nuclear bombing. It was also the aggressor that helped create the war in which those bombs were dropped. Both facts belong to history. You do not get to delete the first eighty pages because the ending hurts. For some countries, “never again” simply means “once again.” Victimhood does not confer moral superiority. And being bombed does not absolve a fascist state of what it did before the bomb fell.

𝘊𝘰𝘳𝘳𝘪𝘯𝘦

45,017 views • 1 month ago

Google just pulled off the biggest theft in the history of AI. And their OWN documents exposed it... Three of the largest publishers on Earth, Hachette, Cengage, and Elsevier, just sued Google in federal court, alongside best-selling author Scott Turow. Their claim is that Google built Gemini, its flagship AI, on millions of copyrighted works it never paid for or licensed. This is one of the biggest copyright cases ever aimed at an AI company: Before they trained Gemini, an internal Google document allegedly spelled out the risk directly. Using this material could expose the company to "$10Bs-$100Bs in potential fines." Google's own people put a number on the theft, in the tens of billions, but the company moved ahead anyway. Then it allegedly tried to DELETE the evidence... The complaint says Google stripped the copyright information off the works before feeding them into Gemini, so nobody could trace what the model had actually been trained on. Pull the fingerprints off first, and the theft gets much harder to prove later. And there's a second betrayal underneath the first: Most of this material was not scraped from some random corner of the internet. Publishers had handed it to Google years earlier for a narrow purpose, to make their catalogs searchable inside Google's own services. The lawsuit says Google took that trust and repurposed the content to build a machine that now competes directly with the people who supplied it. And that machine is the entire point. The complaint describes Gemini producing a full-length substitute for a copyrighted work in about 20 minutes. Something an author spent years writing can now be cloned in an afternoon by the company that trained on the original. No writer or publisher survives that. So why does this case matter more than the dozen other AI copyright fights? Because most of them turn on a fuzzy fair-use question argued years after the fact. This one arrives with an internal document that allegedly SHOWS Google weighed the cost of getting caught and trained on the material anyway. A jury does not need a law degree to read that. The fight now moves toward discovery, where Google's internal emails and training records get dragged into the open. If those files back up what the complaint claims, that $100 billion will turn into a real liability. Google spent years telling the world it was organizing information for everyone. Its own documents show it knew exactly whose information it was taking, and what the price of getting caught would be.
1:15

Google just pulled off the biggest theft in the history of AI. And their OWN documents exposed it... Three of the largest publishers on Earth, Hachette, Cengage, and Elsevier, just sued Google in federal court, alongside best-selling author Scott Turow. Their claim is that Google built Gemini, its flagship AI, on millions of copyrighted works it never paid for or licensed. This is one of the biggest copyright cases ever aimed at an AI company: Before they trained Gemini, an internal Google document allegedly spelled out the risk directly. Using this material could expose the company to "$10Bs-$100Bs in potential fines." Google's own people put a number on the theft, in the tens of billions, but the company moved ahead anyway. Then it allegedly tried to DELETE the evidence... The complaint says Google stripped the copyright information off the works before feeding them into Gemini, so nobody could trace what the model had actually been trained on. Pull the fingerprints off first, and the theft gets much harder to prove later. And there's a second betrayal underneath the first: Most of this material was not scraped from some random corner of the internet. Publishers had handed it to Google years earlier for a narrow purpose, to make their catalogs searchable inside Google's own services. The lawsuit says Google took that trust and repurposed the content to build a machine that now competes directly with the people who supplied it. And that machine is the entire point. The complaint describes Gemini producing a full-length substitute for a copyrighted work in about 20 minutes. Something an author spent years writing can now be cloned in an afternoon by the company that trained on the original. No writer or publisher survives that. So why does this case matter more than the dozen other AI copyright fights? Because most of them turn on a fuzzy fair-use question argued years after the fact. This one arrives with an internal document that allegedly SHOWS Google weighed the cost of getting caught and trained on the material anyway. A jury does not need a law degree to read that. The fight now moves toward discovery, where Google's internal emails and training records get dragged into the open. If those files back up what the complaint claims, that $100 billion will turn into a real liability. Google spent years telling the world it was organizing information for everyone. Its own documents show it knew exactly whose information it was taking, and what the price of getting caught would be.

Ricardo

26,108 views • 2 months ago

The largest IPO in history is also shaping up to be the largest exit liquidity operation in history SpaceX went public at more than 90x revenue, and the insiders who bought in at a fraction of today's price are about to start selling their shares to you. Let me walk you through why this IPO is built to separate retail investors from their money: SpaceX has NEVER turned a profit and lost close to $5 billion last year. At the offering you were paying more than 90x revenue and at the peak the market briefly valued it near 140x. 30 years ago the head of Sun Microsystems explained in detail why paying even 10x revenue almost always ends in tears, and he was right. But listen closely, because the valuation is not even the real story. The scarcity is what CREATED this valuation in the first place, and the calendar that kills the scarcity is what kills the price. Less than 5% of SpaceX shares were actually available to trade at the IPO. Then the index committees REWROTE their own rules to fast track the stock into the Nasdaq 100 just 15 trading days after listing, which forced every passive fund and index ETF in the country to buy at the exact moment the float was at its tightest. The Nasdaq inclusion alone forced an estimated $4.3 billion of buying, and the Russell reweighting added roughly $3 billion more. The supply was minuscule and the buying was mandatory. That's a manufactured squeeze, and it is why the stock went above $225 in its first week. Now watch what happens next, because this is the part they ain't explaining to you: The lockup was staggered on purpose, and the entire schedule is sitting in the prospectus for anyone who bothers to read it. In early August, right after Q2 earnings, 20% of the locked shares come free. Another 10% unlocks early if the stock trades 30% above the $135 IPO price going into the report. Then tranches of 7% hit the market at 70, 90, 105, 120 and 135 days after the IPO, which means fresh insider supply lands roughly every 2 to 3 weeks from late August through late October. Q3 earnings triggers the single biggest release of all, another 28%, roughly 1.3 billion shares. On December 8 the 180 day lockup expires entirely. And on June 12, 2027 comes the final wave, when Musk's own 6.4 billion shares, 42% of the whole company, become sellable for the first time. Add it all up and insiders could be free to sell as much as 44% of the company by early September, which would balloon the tradable float by roughly 900%. All of that supply lands on a stock the company deliberately packed with retail, because SpaceX reserved close to 30% of the offering for individual investors vs the usual 10%. This deal created over 4,400 paper millionaires inside the company. You think none of them are looking to cash out? Early holders are already loading up on puts to lock in what they have. First they keep the float tiny. Then they let the index rules force the world to buy at the top. Then they release a flood of insider stock into a crowd of retail buyers who were handed the shares up high. When the price finally breaks the offering level, the people who got in years ago at pennies on today's dollar will hit the bid, and the exit liquidity is your retirement account. And what are you actually left holding? Strip away the science fiction and the only business inside SpaceX that reliably earns money is Starlink, which produced $1.2 billion of operating income last quarter. A wonderful business worth hundreds of billions on its best day. NOT $2 trillion. Serious fair value work lands around $30 a share. Nobody has been a bigger bear on this deal than me. I called it out the moment it started trading, and it is already playing out on schedule as the shares have given back the entire squeeze and slipped below their opening print. I was Peter Lynch's auto analyst back in 1981 and I have watched every disaster since, and I am telling you this is one of the great wealth transfers of my lifetime packed into a fancy narrative. Tesla was the biggest misallocation of capital in the history of stock markets. SpaceX may have just surpassed it. SPCX goes straight onto my short list, and the beauty of this setup is that the catalyst is not a guess or something, it is literally a PUBLISHED CALENDAR. This is the most grossly overpriced stock at scale that I have ever seen.
2:11

The largest IPO in history is also shaping up to be the largest exit liquidity operation in history SpaceX went public at more than 90x revenue, and the insiders who bought in at a fraction of today's price are about to start selling their shares to you. Let me walk you through why this IPO is built to separate retail investors from their money: SpaceX has NEVER turned a profit and lost close to $5 billion last year. At the offering you were paying more than 90x revenue and at the peak the market briefly valued it near 140x. 30 years ago the head of Sun Microsystems explained in detail why paying even 10x revenue almost always ends in tears, and he was right. But listen closely, because the valuation is not even the real story. The scarcity is what CREATED this valuation in the first place, and the calendar that kills the scarcity is what kills the price. Less than 5% of SpaceX shares were actually available to trade at the IPO. Then the index committees REWROTE their own rules to fast track the stock into the Nasdaq 100 just 15 trading days after listing, which forced every passive fund and index ETF in the country to buy at the exact moment the float was at its tightest. The Nasdaq inclusion alone forced an estimated $4.3 billion of buying, and the Russell reweighting added roughly $3 billion more. The supply was minuscule and the buying was mandatory. That's a manufactured squeeze, and it is why the stock went above $225 in its first week. Now watch what happens next, because this is the part they ain't explaining to you: The lockup was staggered on purpose, and the entire schedule is sitting in the prospectus for anyone who bothers to read it. In early August, right after Q2 earnings, 20% of the locked shares come free. Another 10% unlocks early if the stock trades 30% above the $135 IPO price going into the report. Then tranches of 7% hit the market at 70, 90, 105, 120 and 135 days after the IPO, which means fresh insider supply lands roughly every 2 to 3 weeks from late August through late October. Q3 earnings triggers the single biggest release of all, another 28%, roughly 1.3 billion shares. On December 8 the 180 day lockup expires entirely. And on June 12, 2027 comes the final wave, when Musk's own 6.4 billion shares, 42% of the whole company, become sellable for the first time. Add it all up and insiders could be free to sell as much as 44% of the company by early September, which would balloon the tradable float by roughly 900%. All of that supply lands on a stock the company deliberately packed with retail, because SpaceX reserved close to 30% of the offering for individual investors vs the usual 10%. This deal created over 4,400 paper millionaires inside the company. You think none of them are looking to cash out? Early holders are already loading up on puts to lock in what they have. First they keep the float tiny. Then they let the index rules force the world to buy at the top. Then they release a flood of insider stock into a crowd of retail buyers who were handed the shares up high. When the price finally breaks the offering level, the people who got in years ago at pennies on today's dollar will hit the bid, and the exit liquidity is your retirement account. And what are you actually left holding? Strip away the science fiction and the only business inside SpaceX that reliably earns money is Starlink, which produced $1.2 billion of operating income last quarter. A wonderful business worth hundreds of billions on its best day. NOT $2 trillion. Serious fair value work lands around $30 a share. Nobody has been a bigger bear on this deal than me. I called it out the moment it started trading, and it is already playing out on schedule as the shares have given back the entire squeeze and slipped below their opening print. I was Peter Lynch's auto analyst back in 1981 and I have watched every disaster since, and I am telling you this is one of the great wealth transfers of my lifetime packed into a fancy narrative. Tesla was the biggest misallocation of capital in the history of stock markets. SpaceX may have just surpassed it. SPCX goes straight onto my short list, and the beauty of this setup is that the catalyst is not a guess or something, it is literally a PUBLISHED CALENDAR. This is the most grossly overpriced stock at scale that I have ever seen.

George Noble

350,176 views • 2 months ago

I’m impressed MeatEater Cameron Hanes Joe Rogan Jocko Willink Montana Knife Company Braxton McCoy Dale Stark are bringing it. Very smart lady below. This isn’t their first try at selling or “leasing off” lands to NGOs and it won’t be their last. They are obsessed with taking control of our lands and it’s going to get worse very soon for AI and technology goals. The people got wind of the SEC/NAC and stopped it but then: April 18, 2024 Biden-Harris Administration Finalizes Strategy to Guide Balanced Management, Conservation of Public Lands (The rule from the Interior Department's Bureau of Land Management — which oversees more than 380,000 square miles (990,000 square kilometers) of land, primarily in the U.S. West — will allow public property to be leased for restoration in the same way that oil companies lease land for drilling.) I assumed another full SEC/NAC push woukd follow. But their term was cut short by We The People. Giving them more ability to “monetize” land and assets to a Blockchain type of system. BACKGROUND ON THE SEC NAC DEAL: (the difference between the above action and this is monitization of the lands and assets not just access) •Lots of United Nations policies and regulations cited. Environmental economic accounting, Force for good, Transformation required to limit global warming, global sustainable investment alliance, Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule Change To Amend the NYSE Listed Company Manual To Adopt Listing Standards for Natural Asset Companies “The Exchange proposes to amend the NYSE Listed Company Manual (“Manual”) to adopt a new listing standard for the listing of Natural Asset Companies.” “These and other benefits derived from ecosystems are called ecosystem services, and in aggregate, economists estimate their value at more than US$100 trillion dollars per year.” “Ending the overconsumption of and underinvestment in nature requires bringing natural assets into the financial mainstream. To that end, the Exchange proposes to adopt listing standards to introduce a new type of public company called a NAC, a new concept pioneered by Intrinsic Exchange Group Inc. (“IEG”). Founded in 2017, IEG is a private company structured as a corporation organized under the laws of the State of Delaware that advises public sector and private landowners on the creation of NAC structures and strategies.” “NACs will be corporations that hold the rights to the ecological performance (i.e., the value of natural assets and production of ecosystem services) produced by natural or working areas, such as national reserves or large-scale farmlands, and have the authority to manage the areas for conservation, restoration, or sustainable management. These rights can be licensed like other rights, including “run with the land” rights (such as mineral rights, water rights, or air rights), and NACs are expected to license these rights from sovereign nations or private landowners.” “The Exchange and IEG have entered into an agreement pursuant to which IEG has granted the Exchange an exclusive license in the United States to use the Reporting Framework in connection with the listing of NACs on the Exchange (although the Reporting Framework will remain proprietary to IEG). Under the terms of the agreement, the Exchange has acquired a small minority interest in IEG and one seat on IEG's board of directors. IEG has agreed to seek to identify and develop NACs for listing on the Exchange, in addition to marketing the listing and trading of NACs on the Exchange and providing training with respect to the NAC structure and the Reporting Framework to NYSE personnel and currently listed and potential listed NACs. IEG will be entitled to a share of the revenues generated by the Exchange from the listing and trading of NACs on the NYSE.”
1:30

I’m impressed MeatEater Cameron Hanes Joe Rogan Jocko Willink Montana Knife Company Braxton McCoy Dale Stark are bringing it. Very smart lady below. This isn’t their first try at selling or “leasing off” lands to NGOs and it won’t be their last. They are obsessed with taking control of our lands and it’s going to get worse very soon for AI and technology goals. The people got wind of the SEC/NAC and stopped it but then: April 18, 2024 Biden-Harris Administration Finalizes Strategy to Guide Balanced Management, Conservation of Public Lands (The rule from the Interior Department's Bureau of Land Management — which oversees more than 380,000 square miles (990,000 square kilometers) of land, primarily in the U.S. West — will allow public property to be leased for restoration in the same way that oil companies lease land for drilling.) I assumed another full SEC/NAC push woukd follow. But their term was cut short by We The People. Giving them more ability to “monetize” land and assets to a Blockchain type of system. BACKGROUND ON THE SEC NAC DEAL: (the difference between the above action and this is monitization of the lands and assets not just access) •Lots of United Nations policies and regulations cited. Environmental economic accounting, Force for good, Transformation required to limit global warming, global sustainable investment alliance, Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule Change To Amend the NYSE Listed Company Manual To Adopt Listing Standards for Natural Asset Companies “The Exchange proposes to amend the NYSE Listed Company Manual (“Manual”) to adopt a new listing standard for the listing of Natural Asset Companies.” “These and other benefits derived from ecosystems are called ecosystem services, and in aggregate, economists estimate their value at more than US$100 trillion dollars per year.” “Ending the overconsumption of and underinvestment in nature requires bringing natural assets into the financial mainstream. To that end, the Exchange proposes to adopt listing standards to introduce a new type of public company called a NAC, a new concept pioneered by Intrinsic Exchange Group Inc. (“IEG”). Founded in 2017, IEG is a private company structured as a corporation organized under the laws of the State of Delaware that advises public sector and private landowners on the creation of NAC structures and strategies.” “NACs will be corporations that hold the rights to the ecological performance (i.e., the value of natural assets and production of ecosystem services) produced by natural or working areas, such as national reserves or large-scale farmlands, and have the authority to manage the areas for conservation, restoration, or sustainable management. These rights can be licensed like other rights, including “run with the land” rights (such as mineral rights, water rights, or air rights), and NACs are expected to license these rights from sovereign nations or private landowners.” “The Exchange and IEG have entered into an agreement pursuant to which IEG has granted the Exchange an exclusive license in the United States to use the Reporting Framework in connection with the listing of NACs on the Exchange (although the Reporting Framework will remain proprietary to IEG). Under the terms of the agreement, the Exchange has acquired a small minority interest in IEG and one seat on IEG's board of directors. IEG has agreed to seek to identify and develop NACs for listing on the Exchange, in addition to marketing the listing and trading of NACs on the Exchange and providing training with respect to the NAC structure and the Reporting Framework to NYSE personnel and currently listed and potential listed NACs. IEG will be entitled to a share of the revenues generated by the Exchange from the listing and trading of NACs on the NYSE.”

Never Forgotten

29,241 views • 1 year ago

Final Fantasy (Square, 1987) is by no means a complex RPG but when I first played it, I was instantly hooked. It had such a wonderful spirit/charm, that's hard to describe properly. I recently played it again and despite its age it was still a blast. Final Fantasy ultimately launched the iconic RPG series created by Hironobu Sakaguchi as Square's potential last game amid financial woes, then became a massive hit, selling over 500,000 copies in Japan. Players assemble a party of four customizable Warriors of Light from six classes (Fighter, Thief, Black Belt, White/Black/Red Mage). They quest across a darkening world to restore four elemental crystals stolen by Fiends: Lich, Kary (Marilith), Kraken, Tiamat - defeating Garland and Chaos in turn-based battles amid grinding, exploration, and Nobuo Uematsu's legendary score. The latest part in the series "Final Fantasy Tactics: The Ivalice Chronicles" has been released a few months ago, meaning that it is now one of the longest running RPGs of all time. What started as a last ditch effort to save a company almost literally turned into gold.
1:54

Final Fantasy (Square, 1987) is by no means a complex RPG but when I first played it, I was instantly hooked. It had such a wonderful spirit/charm, that's hard to describe properly. I recently played it again and despite its age it was still a blast. Final Fantasy ultimately launched the iconic RPG series created by Hironobu Sakaguchi as Square's potential last game amid financial woes, then became a massive hit, selling over 500,000 copies in Japan. Players assemble a party of four customizable Warriors of Light from six classes (Fighter, Thief, Black Belt, White/Black/Red Mage). They quest across a darkening world to restore four elemental crystals stolen by Fiends: Lich, Kary (Marilith), Kraken, Tiamat - defeating Garland and Chaos in turn-based battles amid grinding, exploration, and Nobuo Uematsu's legendary score. The latest part in the series "Final Fantasy Tactics: The Ivalice Chronicles" has been released a few months ago, meaning that it is now one of the longest running RPGs of all time. What started as a last ditch effort to save a company almost literally turned into gold.

exQUIZitely 🕹️

15,746 views • 9 months ago

🚨 THE US REGULATORY SYSTEM JUST BROKE In 48 hours, SpaceX goes public at $1.77 TRILLION - the biggest IPO ever I've been trading for over a decade, and I have never seen them rewrite the rulebook like this Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company That doesn't happen by accident Let me show you exactly what they did: First, Fidelity dropped its minimum account size from $500,000 to $2,000 A 99.6% cut Think about that: The most exclusive door on Wall Street, thrown wide open to millions of small investors - days before the biggest debut in history. Ask yourself one question Why do they suddenly want YOU in? Because somebody needs people to sell to. SpaceX reserved 30% of the deal for retail THREE TIMES the normal share And even then, most people didn't get a full allocation. So to grab more at Thursday's open, they're dumping everything else TODAY to raise cash. That's half of the selling you're seeing. The other half? The smart money front-running July. Here's the trick: SpaceX doesn't join the Nasdaq 100 on day one. It joins 15 days later, because Nasdaq cut its own waiting period from 3 months to 15 days Just for this. The moment it joins, every QQQ fund on Earth is FORCED to buy. $22–27 billion in automatic buying. Translation: imagine 50 buses all forced to pull into the same gas station on the same morning. The funds know the stampede is coming. So they're selling now to free up cash for it. Retail selling. Institutions selling. At the exact same time. THAT is your selloff. Now here's the part nobody will say out loud: When the most connected money on the planet builds a $1.7T exit door and hands the keys to the smallest investors in the market… That's NOT generosity That's distribution at the top. We've seen this movie twice: ➮ 2000 Dotcom ➮ 2021 SPAC mania Insiders cash out at insane valuations while the crowd chases the hype. The math ain't mathing. So you've got two choices in the next 48 hours: Chase the most expensive IPO in history at the open… Or read the prospectus and realize you might BE the exit. The next few days will be INSANE, but don't worry - I'll break down every move as it happens, like I always do. Like it or not, I called every major top and bottom of the last decade publicly. I'll call this one too. Many people are going to wish they followed me before June 12, 2026. Soon, you'll understand why.
0:40

🚨 THE US REGULATORY SYSTEM JUST BROKE In 48 hours, SpaceX goes public at $1.77 TRILLION - the biggest IPO ever I've been trading for over a decade, and I have never seen them rewrite the rulebook like this Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company That doesn't happen by accident Let me show you exactly what they did: First, Fidelity dropped its minimum account size from $500,000 to $2,000 A 99.6% cut Think about that: The most exclusive door on Wall Street, thrown wide open to millions of small investors - days before the biggest debut in history. Ask yourself one question Why do they suddenly want YOU in? Because somebody needs people to sell to. SpaceX reserved 30% of the deal for retail THREE TIMES the normal share And even then, most people didn't get a full allocation. So to grab more at Thursday's open, they're dumping everything else TODAY to raise cash. That's half of the selling you're seeing. The other half? The smart money front-running July. Here's the trick: SpaceX doesn't join the Nasdaq 100 on day one. It joins 15 days later, because Nasdaq cut its own waiting period from 3 months to 15 days Just for this. The moment it joins, every QQQ fund on Earth is FORCED to buy. $22–27 billion in automatic buying. Translation: imagine 50 buses all forced to pull into the same gas station on the same morning. The funds know the stampede is coming. So they're selling now to free up cash for it. Retail selling. Institutions selling. At the exact same time. THAT is your selloff. Now here's the part nobody will say out loud: When the most connected money on the planet builds a $1.7T exit door and hands the keys to the smallest investors in the market… That's NOT generosity That's distribution at the top. We've seen this movie twice: ➮ 2000 Dotcom ➮ 2021 SPAC mania Insiders cash out at insane valuations while the crowd chases the hype. The math ain't mathing. So you've got two choices in the next 48 hours: Chase the most expensive IPO in history at the open… Or read the prospectus and realize you might BE the exit. The next few days will be INSANE, but don't worry - I'll break down every move as it happens, like I always do. Like it or not, I called every major top and bottom of the last decade publicly. I'll call this one too. Many people are going to wish they followed me before June 12, 2026. Soon, you'll understand why.

WhaleTwits

13,406 views • 3 months ago

🚨The Real Story Of The Kandahar Giant, The 13-Foot Cryptid Purportedly Killed By U.S. Special Ops War In Afghanistan 🇦🇫 In 2002, an elite tactical team was said to have killed the Kandahar Giant, a 13-foot-tall beast with flaming red hair, six fingers on each hand, and two sets of teeth. In August 2016, a YouTuber posted a lengthy interview with a military contractor identified only as Mr. K. In the interview, Mr. K claimed to have been present during the brutal slaughter of a killer he called the Kandahar Giant. The killing of the giant, he said, took place during the height of Operation Enduring Freedom in 2002 when the military was engaged in fierce battles with the Taliban in their de facto capital in Kandahar Province during the U.S. invasion of Afghanistan. The Kandahar Giant, Mr. K said, was 13 feet tall with fiery red hair, six fingers, and two sets of teeth. It even killed one of the Special Forces soldiers with a spear before the rest of the unit brought it down with 30 seconds of sustained gunfire. And after they radioed it in, the Army took away its corpse and has hidden it ever since. In 2002, a group of soldiers went missingwhile on patrol in a remote mountain region of Kandahar, in the south of Afghanistan. And when they failed to make radio contact for some time, the military sent in a special ops unit to investigate, though the branch of the armed forces they belonged to was never confirmed. Then, high up in the mountains, the unit came across a cave with scattered Army equipment around but no sign of the missing soldiers. And that’s when they chanced upon the Kandahar Giant. Though the tale grows with the telling — with some reports suggesting that the humanoid grew as tall as 15 feet — this red-headed giant with six digits, leather moccasins, and smelling like “dead bodies” suddenly emerged from the cave and impaled one of the soldiers with a spear. And that’s when the soldiers opened fire, ultimately felling the giant with 30 seconds of continuous fire. “Between them, the squad was armed with full-auto M4 carbines, “recon carbines” (semi-automatic), and M107 Barrett anti-materiel rifles firing .50 BMG,” reads one report. “This much firepower concentrated on one target for one second, let alone thirty, would be extremely destructive.” After the troops killed the giant, they loaded it onto a Chinook helicopter, which carried it to a transport plane, where no one ever saw it again. The soldiers were forced to sign non-disclosure agreements so the government could keep them all quiet. But eventually, the soldiers broke their silence because, as one of the men would later say, “the people have a right to know the truth.” Per ATI
0:22

🚨The Real Story Of The Kandahar Giant, The 13-Foot Cryptid Purportedly Killed By U.S. Special Ops War In Afghanistan 🇦🇫 In 2002, an elite tactical team was said to have killed the Kandahar Giant, a 13-foot-tall beast with flaming red hair, six fingers on each hand, and two sets of teeth. In August 2016, a YouTuber posted a lengthy interview with a military contractor identified only as Mr. K. In the interview, Mr. K claimed to have been present during the brutal slaughter of a killer he called the Kandahar Giant. The killing of the giant, he said, took place during the height of Operation Enduring Freedom in 2002 when the military was engaged in fierce battles with the Taliban in their de facto capital in Kandahar Province during the U.S. invasion of Afghanistan. The Kandahar Giant, Mr. K said, was 13 feet tall with fiery red hair, six fingers, and two sets of teeth. It even killed one of the Special Forces soldiers with a spear before the rest of the unit brought it down with 30 seconds of sustained gunfire. And after they radioed it in, the Army took away its corpse and has hidden it ever since. In 2002, a group of soldiers went missingwhile on patrol in a remote mountain region of Kandahar, in the south of Afghanistan. And when they failed to make radio contact for some time, the military sent in a special ops unit to investigate, though the branch of the armed forces they belonged to was never confirmed. Then, high up in the mountains, the unit came across a cave with scattered Army equipment around but no sign of the missing soldiers. And that’s when they chanced upon the Kandahar Giant. Though the tale grows with the telling — with some reports suggesting that the humanoid grew as tall as 15 feet — this red-headed giant with six digits, leather moccasins, and smelling like “dead bodies” suddenly emerged from the cave and impaled one of the soldiers with a spear. And that’s when the soldiers opened fire, ultimately felling the giant with 30 seconds of continuous fire. “Between them, the squad was armed with full-auto M4 carbines, “recon carbines” (semi-automatic), and M107 Barrett anti-materiel rifles firing .50 BMG,” reads one report. “This much firepower concentrated on one target for one second, let alone thirty, would be extremely destructive.” After the troops killed the giant, they loaded it onto a Chinook helicopter, which carried it to a transport plane, where no one ever saw it again. The soldiers were forced to sign non-disclosure agreements so the government could keep them all quiet. But eventually, the soldiers broke their silence because, as one of the men would later say, “the people have a right to know the truth.” Per ATI

SANTINO

1,700,435 views • 7 months ago

Vinod Khosla and Sam Altman on how much equity to give your first 10 employees In the early days of Sun Microsystems, Vinod Khosla recruited elite talent, hiring people like Andy Bechtolsheim, Bill Joy, and Eric Schmidt. Many people from Sun went on to start or run billion-dollar companies. Sam Altman asks Vinod how he convinced these people to join him when Sun was just a small startup. Vinod replies: “I see this as a major problem nowadays. People aren’t allocating equity widely enough. I think among the first three or four founders at Sun, we kept less than half of the common. The total was something like 25-27% for the founders, an equal or slightly larger chunk for everybody else we would hire, and then investors had like 40% after the A round. In retrospect, that was a very good idea.” When his son Neil founded the AI startup Curai Health, Vinod advised him to keep only 15% of the company rather than 45% and try to hire one or two people at 15%. Then he advised him to leave 30% of the pool for non-founders. Vinod explains his reasoning: “Even though they’re coming in later and they didn’t come up with the idea, they will be incredible resources, especially as magnets to attract other people. If you believe a company becomes the people it hires, then your task becomes attracting the best people, and selling depends on magnets.” This what Vinod did with Bill Joy. Vinod gave Bill half his equity even though Bill joined later: “Bill Joy was an incredible magnet. People wanted to work with Bill and Andy. And even if Bill didn’t do a day of work, he was more than worth it because he helped attract Eric Schmidt. I don’t think Eric would have come work for me as a 25 year old.” Sam Altman agrees on Vinod’s philosophy of maximizing the size of the pie rather than your ownership percentage: “I think this is the most important piece of advice we’ve talked about among many important things today. Being super generous with early employee equity and getting founder-quality people in the first 10 employees—I think all the evidence is on the side of doing this, and yet almost no one does. So there’s a huge edge if you’re willing to do it.” Vinod argues it’s the “single-most important thing to do in the first six months of a company.” The best people can start their own companies. If you want them to join your company, you have to be generous with equity. Video Source: Y Combinator
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Vinod Khosla and Sam Altman on how much equity to give your first 10 employees In the early days of Sun Microsystems, Vinod Khosla recruited elite talent, hiring people like Andy Bechtolsheim, Bill Joy, and Eric Schmidt. Many people from Sun went on to start or run billion-dollar companies. Sam Altman asks Vinod how he convinced these people to join him when Sun was just a small startup. Vinod replies: “I see this as a major problem nowadays. People aren’t allocating equity widely enough. I think among the first three or four founders at Sun, we kept less than half of the common. The total was something like 25-27% for the founders, an equal or slightly larger chunk for everybody else we would hire, and then investors had like 40% after the A round. In retrospect, that was a very good idea.” When his son Neil founded the AI startup Curai Health, Vinod advised him to keep only 15% of the company rather than 45% and try to hire one or two people at 15%. Then he advised him to leave 30% of the pool for non-founders. Vinod explains his reasoning: “Even though they’re coming in later and they didn’t come up with the idea, they will be incredible resources, especially as magnets to attract other people. If you believe a company becomes the people it hires, then your task becomes attracting the best people, and selling depends on magnets.” This what Vinod did with Bill Joy. Vinod gave Bill half his equity even though Bill joined later: “Bill Joy was an incredible magnet. People wanted to work with Bill and Andy. And even if Bill didn’t do a day of work, he was more than worth it because he helped attract Eric Schmidt. I don’t think Eric would have come work for me as a 25 year old.” Sam Altman agrees on Vinod’s philosophy of maximizing the size of the pie rather than your ownership percentage: “I think this is the most important piece of advice we’ve talked about among many important things today. Being super generous with early employee equity and getting founder-quality people in the first 10 employees—I think all the evidence is on the side of doing this, and yet almost no one does. So there’s a huge edge if you’re willing to do it.” Vinod argues it’s the “single-most important thing to do in the first six months of a company.” The best people can start their own companies. If you want them to join your company, you have to be generous with equity. Video Source: Y Combinator

Startup Archive

272,136 views • 2 years ago