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Maple Finance co-founder Sid Powell 🥞: "We're in a market regime where everyone is very depressed about the prices of assets... There's a lot of pessimism... But the actual underlying traction is very good... the level of adoption is actually growing much faster than people appreciate... Right now, capital...

16,680 просмотров • 7 месяцев назад •via X (Twitter)

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Is easy to get discouraged after defi exploits HOWEVER its worth noting that they pale in comparison to the private credit crisis in tradfi-land... I've been wanting to highlight my good bro Martin de Rijke's recent appearance on The Rollup and he actually touched on this exact topic in it... Martin is Head Of Growth at Maple, and he spoke with Andy and Robbie Klages all about everything Maple is doing 💪 As he explains in the interview, Martin's been involved with crypto since 2015 and has been a part of the Maple team since 2022, so he has been instrumental in the project's massive success, and had a ton of interesting stuff to say regarding both Maple and defi as a whole... Below clip is- again- on the private credit crisis in macro and whether it can be an opportunity for defi and for Maple, and then it also touches on Maple's overall business model and some other interesting stuff toward the end. As noted above, the private credit crisis is far larger in scope than these defi exploits, and it is also quite representative of the problems in tradfi that defi solves - the fact that it is opaque and corrupt and is based on giant webs of counterparties where there is no way to confirm where your money is and no blockchain to check... In this regard it is an apt reminder of the inherent superiority of blockchain-based financial rails, and the value in what we are all doing here... But yeah, as always, I own a ton of $SYRUP and work with the Maple team, so will flip the 'partner' tag on this 💪 And then will also include a couple more interesting clips from the interview below, and link to the full discussion :) Massive respect to Martin for the great interview!!! 💪🥞 He's been a wonderful friend of mine for as long as I've known him and I HIGHLY, HIGHLY recommend giving him a follow on here if you aren't already doing so! :)

rektdiomedes

12,217 просмотров • 5 месяцев назад

Martin Masser from ChangeNOW says banks are running software from the 70s, and crypto is how they get out "I think there was a point where we did think we would replace the banks, but that was probably 12 years ago. I think now, working parallel." "I worked in a lot of these banking systems, and do you know what, now that you've doxxed your age, a lot of the software in the banks is older than you." "They've got these legacy systems in from the '70s, and they just can't get that out because so much of that is ingrained. So you're in banking and you've got software from the '80s, '90s, '70s in there. It's just not going to be as efficient." "I think what's really interesting for the stage that we're at is there's going to be so many more things that we can do with crypto within banking." "The amount of people that are on the banking floor trying to approve settlements is crazy. We can do that in crypto really easily." "So I'm actually finding a lot more banks now are open to integrating, and they are now integrating a lot of the software, a lot of the ideas." "And I think the key thing people maybe don't realize, banks have been involved in this space for a very long time. A lot of the times they've been doing pilots, proofs of concept, little trials." "But now we're starting to see the banks integrating a lot of these systems, because they just see so many efficiencies that are there now with this."

The Wolf Of All Streets

27,235 просмотров • 15 дней назад

.David Sacks: "You're gonna see in the wake of this is that a lot of Jewish people are realizing that they don't have a home on the left anymore. And I expect that many Jews are going to start shifting right into the Republican Party, to a place where I've been for a while.... But I think what's happened over the last few decades is that the civil rights movement, in particular, and the left have moved to this woke ideology where it's no longer about colorblindness. It's more about identity groups. And instead of trying to get past racial differences, it's been about accentuating them. And so we've had this whole equity agenda, which is really defined as redistribution from one racial group to another racial group. I think that, for whatever reason, a lot of Jews just hadn't confronted the reality that the left had really changed in this way. I think it goes back to the fact that they thought if we're going to be defining identity groups in this woke way, Jews obviously should be one of these victim groups, but they're waking up to the fact that Jews are not. Jews are in the minds of this woke ideology, just white people with a Jewish background. As a result, they're part of an oppressor class. And I think that a lot of Jewish people who are waking up to this are realizing this is actually a very destructive ideology, and it makes us the bad guys. So I would expect that, again, a lot of Jewish people are waking up to how the left has changed... and I would expect there to be kind of a pilgrimage now of more Jews in America towards the right, as opposed to remaining on the left where they've always been." Via The All-In Podcast:

KanekoaTheGreat

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Elon Musk on Grok: “I think an AI that is sort of SpaceX’s baby will be a very good AI. I think SpaceX is a collection of some of the very best humans on Earth, both in capability and morality and goodness, and I think we want to have an AI that is born of that capability and that morality and that goodness. I think that’s very, very important. So I’d like to encourage people to help out, actually, with the AI hardware on the ground and the AI software and, of course, with the AI satellites. Solar is going to be a very important part of that. The TerraFab will be a very important part of that, but we must also succeed on the software front, and we’re going to be training Grok on the sum total of all SpaceX information. So in a way, it will be trained on you. You will effectively be the parents of the AI. It will inherit your thoughts and ideas and beliefs, and I think that’s a good thing. So, yeah, we’ve got to win here on the AI hardware and the AI software. That maybe is the most important message. I think that is actually the most important message I wanted to convey today is that we must win on AI because the future is overwhelmingly AI and robots. So we won’t ultimately be able to control the AI. It’ll be too smart for that. But just like if you have a child that is a super genius child, you can still instill in that child the values and beliefs that you think are good and right. And so that’s why it’s incredibly important that we succeed with Grok. So, yeah, well, Grok 4.5 you’ve tried probably. We’ve got 4.6 coming out in about a week. And then 4.7 should be really pretty special. So I’d like to encourage everyone at SpaceX to use AI and to make it better.”

DogeDesigner

64,434 просмотров • 1 месяц назад

"Courage is far shorter in supply than genius." - Peter Thiel "One of the challenges in writing a book about entrepreneurship or teaching a class on this is that there is sort of no formula. And I think science always starts with a number two. It starts with experiments you can repeat, things you can do over and over again. But there's sort of a sense in which every moment in the history of business, every moment in the history of technology happens only once. The next Mark Zuckerberg will not be starting a social networking company. The next Larry Page will not start a search engine. The next Bill Gates will not be starting an operating system. And so if you are trying to copy these people, you're in some sense not learning from them. And so I think one of the really big challenges in teaching or writing about entrepreneurship is what can you say about being an entrepreneur at all when the key thing is always to do something new, different, that's not precisely been done before. And so the point of departure I start with in Zero to One is a somewhat indirect approach by asking a series of contrarian questions. The business question is, what great company is nobody starting? The more intellectual version of this question is, tell me something true that very few people agree with you on. And this is a fantastic interview question. It turns out to be quite a hard question, even when people can read on the internet that you ask of everybody who comes in the door, it still is a hard question. It's one of those unusual questions where if you know it's on the test, it's still hard. And it's hard not just because we sort of think that new things require brilliance or something like that, but because it's socially difficult. If I ask you that question, if you tell me something like the education system is screwed up or our political system doesn't work very well, those are true answers, but they're not actually good answers because all of us already know them to be true. The good answers are ones that are somehow uncomfortable that the person interviewing you does not actually want to hear. And I think we live in this world where courage is in far shorter supply than genius. And so it is sort of this, it is in a sense this problem of political correctness properly understood, is this very deep, very, very broad sort of a problem."

Founder Mode

12,339 просмотров • 8 месяцев назад

Chamath’s 2026 IPO Advice: Get Public Fast or Get Left Behind Jason: “ What are your thoughts here on the flurry of potential IPOs?” Chamath: “I think that we have a bit of a risk problem. If you think about appetite as equivalent to a person at a Thanksgiving dinner, when you first come in and you see all of this stuff, it's so plentiful, your eyes are bigger than your stomach. And I think in a moment like that, you want to be the one that is consumed first. And I think the risk increases when you are at the tail end because the risk is that the diners will run out of space.” Jason: “Plate fills up. Yeah.” Chamath: “And if you use that analogy, I think the reason why people's plates will get full is probably twofold and maybe threefold. The first and most important thing is there's enough tactical event risk that people generally want to be risk off and have more margin of safety. We have a lot of these really important financial moments tied to this concept of AGI, ASI. We have a real pricing problem. If AGI is real, the durability of most companies is slim to none. If AGI is not real, then the fundraising capacity of these companies that are now raising hundreds of billions of dollars needs to get questioned and inspected thoroughly. History will sort out which one is right, but both cannot be right. So in that vein, I don't think we're going to have this “blockbuster” stream of IPOs. I think what happens is SpaceX is going to get out. They're going to do great, and then maybe the next one does good to great, then the next one will do good, and then the appetite runs out because you just can't absorb, incrementally, trillions of dollars of new demand. And if you think about it, where is it going to come from? Is it going to come from the sidelines? I don't know, I think it's more of a reallocation exercise. But if you look at the S&P, well, most people are now defensively moving away from these kinds of things, towards the things that are more protected, what the industry calls HALO, right? Those things trade for zero today. You could buy hundreds of millions of dollars a year of cashflow for 2-5x right now in the stock market. And so why are you going to go way out on the risk curve and buy something at 200x revenue, let alone earnings? I'm more in the camp of, I think it's good to be first, it’s pretty decent to be second, but if I were you, I would get the heck out, and get public, and get your money, and fortify your balance sheet ASAP, because I think the risk builds the further down the IPO chain you're in.”

The All-In Podcast

61,917 просмотров • 6 месяцев назад

I have a friend who doesn't read anything published in the past 50 years, and the more I think about it, the more I think he's onto something. The reason is that time is the best filter we have for quality. People are bad at judging quality in the moment but very good at getting rid of junk over time. — — "History is not very good at capturing all that is great in art. It is not good at that. There are many great symphonies that have been lost permanently, there are many great painters that died unknown and their paintings are gone, there's novels that have been written that no one will ever read. So history is not good at capturing all this great art. But history is very good at discarding all that is mediocre. And the amount of time that that takes, it's something like 50 years. So over the course of 50 years, what will happen is a lot of stuff that was prominent will be re-filtered and re-filtered and re-filtered, and you'll end up with a smaller group of things which have survived that test of time. So if you think about it right now, if you go back and look at the bestseller lists for 1974, 1973, there's a lot of that that would have been highly regarded at the time, which people do not read anymore for a variety of reasons, and there's some that has survived, and that's a very telling distinction. So in a world where I'm turning 60 this year, you have a limited amount of time, all four of us have active lives, we want to make sure that if we're going to sit down, we're going to read carefully, we're going to meet and we're going to discuss it in detail, we want to make sure that the work is rewarding. And the best way to ensure that is by drawing from the past." amor towles

David Perell

86,765 просмотров • 1 год назад