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.Palmer Luckey explains in detail why he got serious about starting Erebor after SVB's collapse: "I realized you didn't have banks aligned with US interests, aligned with deep tech, hard tech, energy, things that are really complex and hard to understand, but do really matter." "You have farmers' banks... that serve communities that are doing agriculture. You have banks that are doing oil and gas quite well. But when it comes to tech, it's a pretty sparse field." "Thinking about that, and also a lot of things that new technology enables — like using US dollar-backed cryptocurrencies to have 24/7/365 settlement of payments, which is something a lot of businesses need and very few get." "You kind of stack all these things together and it becomes very clear that there's room for a company to be a real bank, for real companies, doing real things."show more

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Palmer Luckey on stablecoins: “All banks will be forced to adopt this to be competitive” “I had been looking at starting a bank for a while,” Anduril and Oculus co-founder Palmer Luckey says. “Primarily for my own personal user because there weren’t really banks out there that really understood my businesses and the things that I was doing. Silicon Valley Bank was doing a reasonable job but then they went out of business, took everyone’s money with them, and had to have the government bail everybody out. That was the thing that got me very serious about it.” The other factor for starting his new bank Erebor was what new technology would enable. Palmer explains: “Using US-dollar-backed cryptocurrencies to have 365/24/7 settlement of payments — which is something a lot of businesses need and very few get — [. . .] pretty quickly, everyone is going to realize that they need to support these things. Seeing this administration’s support for using specifically dollar-backed-stablecoins . . . I think probably most banks are going to get drug into this. The difference is that we’re trying to do it from the start . . . In the next few years, probably all banks are going to be forced to adopt this to be competitive.” $176 billion in stablecoins have been issued on Ethereum mainnet, roughly 56% of the global supply. If you exclude Tron, Ethereum’s dominance jumps to 77%. Ethereum is quietly becoming the world’s settlement layer. Source: TBPN (Feb 2026)

Palmer Luckey on stablecoins: “All banks will be forced to adopt this to be competitive” “I had been looking at starting a bank for a while,” Anduril and Oculus co-founder Palmer Luckey says. “Primarily for my own personal user because there weren’t really banks out there that really understood my businesses and the things that I was doing. Silicon Valley Bank was doing a reasonable job but then they went out of business, took everyone’s money with them, and had to have the government bail everybody out. That was the thing that got me very serious about it.” The other factor for starting his new bank Erebor was what new technology would enable. Palmer explains: “Using US-dollar-backed cryptocurrencies to have 365/24/7 settlement of payments — which is something a lot of businesses need and very few get — [. . .] pretty quickly, everyone is going to realize that they need to support these things. Seeing this administration’s support for using specifically dollar-backed-stablecoins . . . I think probably most banks are going to get drug into this. The difference is that we’re trying to do it from the start . . . In the next few years, probably all banks are going to be forced to adopt this to be competitive.” $176 billion in stablecoins have been issued on Ethereum mainnet, roughly 56% of the global supply. If you exclude Tron, Ethereum’s dominance jumps to 77%. Ethereum is quietly becoming the world’s settlement layer. Source: TBPN (Feb 2026)

Etherealize

49,513 görüntüleme • 5 ay önce

.Palmer Luckey says Erebor won't be a purely digital or purely crypto bank. They're going to have a physical vault with a lot of treasure in it: "A lot of the companies that are very interested in working with us want us to have secure actual vaulted storage."

.Palmer Luckey says Erebor won't be a purely digital or purely crypto bank. They're going to have a physical vault with a lot of treasure in it: "A lot of the companies that are very interested in working with us want us to have secure actual vaulted storage."

TBPN

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ELON: FOCUS ON WHAT YOU ARE PERSONALLY PASSIONATE ABOUT! “You want to focus on something that you are personally passionate about, that you personally care about. It's very hard to be motivated for a product that you don't really feel strongly about. It doesn't have to be high-tech. It could be in any field. It's got to be a product that you feel really needs to be there and something that you personally love." Source: Viva Technology, Paris, June 2023

ELON: FOCUS ON WHAT YOU ARE PERSONALLY PASSIONATE ABOUT! “You want to focus on something that you are personally passionate about, that you personally care about. It's very hard to be motivated for a product that you don't really feel strongly about. It doesn't have to be high-tech. It could be in any field. It's got to be a product that you feel really needs to be there and something that you personally love." Source: Viva Technology, Paris, June 2023

Mario Nawfal

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Larry Page’s response to Steve Jobs’s critique that Google lacks focus When asked about Steve Jobs’s critique that Google is doing too many things and lacks focus, Page jokes: “I mean he was right. He did fine as well.” But Page does admit Google’s lack of focus is something he worried about. He explains that he chose this path for Google because he wanted to build a company for engineers and entrepreneurs. “You’re looking at the business benefit you might get [from trying all of these different ideas]. But I also think in terms of motivating ourselves, potential employees, and entrepreneurs. We want to be doing things that are exciting and that are really going to make a difference.” One of the things that inspired Page to create the Alphabet org structure was the observation that companies—in general—have bad reputations. “Most people don’t wake up and say ‘Oh, I wish I could go work for a company.’ They do it because they have to… I think that’s something we should work to change.” This was his goal for Google. “I think we need to be more ambitious. We’ve got to do things that matter more to people. We’ve got to do fewer things that are zero-sum games, and more things that really cause a lot of benefit.” Video source: FORTUNE (2015)

Larry Page’s response to Steve Jobs’s critique that Google lacks focus When asked about Steve Jobs’s critique that Google is doing too many things and lacks focus, Page jokes: “I mean he was right. He did fine as well.” But Page does admit Google’s lack of focus is something he worried about. He explains that he chose this path for Google because he wanted to build a company for engineers and entrepreneurs. “You’re looking at the business benefit you might get [from trying all of these different ideas]. But I also think in terms of motivating ourselves, potential employees, and entrepreneurs. We want to be doing things that are exciting and that are really going to make a difference.” One of the things that inspired Page to create the Alphabet org structure was the observation that companies—in general—have bad reputations. “Most people don’t wake up and say ‘Oh, I wish I could go work for a company.’ They do it because they have to… I think that’s something we should work to change.” This was his goal for Google. “I think we need to be more ambitious. We’ve got to do things that matter more to people. We’ve got to do fewer things that are zero-sum games, and more things that really cause a lot of benefit.” Video source: FORTUNE (2015)

Startup Archive

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I asked Luke Kornet about his memories from stretches where he was a DNP for many games in a row, and what his message is to the young guys who find themselves in that position now: “It's just a lot of peace to come to life of accepting the position that you're in and then just doing the best with that, versus trying to fight it and want to be in a different one.” “You can spend a lot of time worrying about things that you can't really control. But when you just take the opportunity that you have and do the best with that, you can have days like today where a lot of guys came in and were able to contribute. You can have peace about knowing that you did your job well, just as you did the day before, the day after. It might just look a different way every time. I feel like that's what I've been taught through my life. That's the only thing attitude that you can have that you can actually do something with – versus trying to control things that are outside of what you can control.”

I asked Luke Kornet about his memories from stretches where he was a DNP for many games in a row, and what his message is to the young guys who find themselves in that position now: “It's just a lot of peace to come to life of accepting the position that you're in and then just doing the best with that, versus trying to fight it and want to be in a different one.” “You can spend a lot of time worrying about things that you can't really control. But when you just take the opportunity that you have and do the best with that, you can have days like today where a lot of guys came in and were able to contribute. You can have peace about knowing that you did your job well, just as you did the day before, the day after. It might just look a different way every time. I feel like that's what I've been taught through my life. That's the only thing attitude that you can have that you can actually do something with – versus trying to control things that are outside of what you can control.”

Noa Dalzell 🏀

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“You can't win with talent alone. Everybody has to have a commitment to a standard of excellence and a commitment to doing the right things on and off the field. That will have a lot to do with how successful you are.”

“You can't win with talent alone. Everybody has to have a commitment to a standard of excellence and a commitment to doing the right things on and off the field. That will have a lot to do with how successful you are.”

The Winning Difference

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Rep. Anna Paulina Luna state that some UAPs and the technology is NOT made by mankind. The problem we have is that we give private companies this technology so our own elected officials can't oversee or even know what's really going on. But, some members in our government DO know and have access. How is it ok to give tech, whether created by mankind or not, to private companies so an elite group of people keep full control over it? What if it eliminates the use for gas or oil? Are you starting to understand? Also, do you believe that they wouldn't fully take advantage of this tech in multiple ways? Since we know there is a "non-human" presence, but we don't know exactly what that presence is, do you really believe they wouldn't take advantage of that, or could potentially "pose" as that "presence" and pretend it's a threat to push an agenda? These are the things you need to start asking yourself and understand that, yes, there are many elites sitting on tech and physics that they do NOT want us to have. The million dollar question becomes, "What exactly are we going to do about this, and how do we fix this for all of mankind?"

Rep. Anna Paulina Luna state that some UAPs and the technology is NOT made by mankind. The problem we have is that we give private companies this technology so our own elected officials can't oversee or even know what's really going on. But, some members in our government DO know and have access. How is it ok to give tech, whether created by mankind or not, to private companies so an elite group of people keep full control over it? What if it eliminates the use for gas or oil? Are you starting to understand? Also, do you believe that they wouldn't fully take advantage of this tech in multiple ways? Since we know there is a "non-human" presence, but we don't know exactly what that presence is, do you really believe they wouldn't take advantage of that, or could potentially "pose" as that "presence" and pretend it's a threat to push an agenda? These are the things you need to start asking yourself and understand that, yes, there are many elites sitting on tech and physics that they do NOT want us to have. The million dollar question becomes, "What exactly are we going to do about this, and how do we fix this for all of mankind?"

The SCIF

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"The world was built by people that are not much smarter than you." Replit CEO Amjad Masad on why old career advice no longer maps to reality: "There are a lot of rules that are accidental, that are there for historical reasons." "Your job is to find the path to the future. Find the way of doing things that's most aligned with where the world is headed." "It's not about cheating, it's about figuring out how the system is rigged against you. How do you actually hack it? How do you get past it?" "AI is a great tool for that." "If you're someone who just understands how these tools work, and understand how you have an amazing time advantage. You can do things a lot faster." "There are a lot of programmers that are still doing programming the old way, and they're going very, very slow... until they get obsoleted." Amjad Masad with jack neel

"The world was built by people that are not much smarter than you." Replit CEO Amjad Masad on why old career advice no longer maps to reality: "There are a lot of rules that are accidental, that are there for historical reasons." "Your job is to find the path to the future. Find the way of doing things that's most aligned with where the world is headed." "It's not about cheating, it's about figuring out how the system is rigged against you. How do you actually hack it? How do you get past it?" "AI is a great tool for that." "If you're someone who just understands how these tools work, and understand how you have an amazing time advantage. You can do things a lot faster." "There are a lot of programmers that are still doing programming the old way, and they're going very, very slow... until they get obsoleted." Amjad Masad with jack neel

a16z

42,172 görüntüleme • 5 ay önce

Jeff Bezos on how to be innovative “To me, true innovation is something that is not only an invention but an improvement,” Jeff explains. “It’s not hard to make things different, but it is hard to make things different and better.” In Jeff’s view, there are endless opportunities for innovation: “Most of the problems in the world already have solutions of one kind or another, and all of those solutions can be improved upon. There’s no chance that anything is perfected yet. I don’t believe that . . . People have been working on solutions to most problems for a long time, but it wasn’t that long ago that somebody figured out that you should add wheels to suitcases. Pretty good improvement!” It’s hard work though, Jeff caveats: “It’s easy to have ideas. It’s very hard to turn an idea into a successful product. There are a lot of steps in between and it takes persistence and relentlessness. I always tell people who think they want to be entrepreneurs that you need a combination of stubborn relentlessness and flexibility. And you have to know when to be which.” Jeff explains: “Basically you need to be stubborn on your vision because otherwise it’ll be too easy to give up. But you need to be very flexible on the details because as you go along pursuing your vision, you’ll find that some of your preconceptions were wrong, and you’re going to need to be able to change those things.” He concludes: “Taking an idea successfully all the way to market and turning it into a real product that people care about and really improves people’s lives is a lot of hard work.”

Jeff Bezos on how to be innovative “To me, true innovation is something that is not only an invention but an improvement,” Jeff explains. “It’s not hard to make things different, but it is hard to make things different and better.” In Jeff’s view, there are endless opportunities for innovation: “Most of the problems in the world already have solutions of one kind or another, and all of those solutions can be improved upon. There’s no chance that anything is perfected yet. I don’t believe that . . . People have been working on solutions to most problems for a long time, but it wasn’t that long ago that somebody figured out that you should add wheels to suitcases. Pretty good improvement!” It’s hard work though, Jeff caveats: “It’s easy to have ideas. It’s very hard to turn an idea into a successful product. There are a lot of steps in between and it takes persistence and relentlessness. I always tell people who think they want to be entrepreneurs that you need a combination of stubborn relentlessness and flexibility. And you have to know when to be which.” Jeff explains: “Basically you need to be stubborn on your vision because otherwise it’ll be too easy to give up. But you need to be very flexible on the details because as you go along pursuing your vision, you’ll find that some of your preconceptions were wrong, and you’re going to need to be able to change those things.” He concludes: “Taking an idea successfully all the way to market and turning it into a real product that people care about and really improves people’s lives is a lot of hard work.”

Startup Archive

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Palmer Luckey explains why founders need to “make themselves obsolete” “When I started Oculus, I thought I was really good at everything… But I was only the best at a lot of things in our company because I had been negligent in my hiring process.” For example, Palmer was the best optical engineer in the company, but he realized that wasn’t something to be proud of. “That was a failure. I failed my company and my investors by making myself a critical dependency for any of our products. And the reality is I’m actually not a very good optical engineer. I was just the best at Oculus.” Once you start scaling your company, Palmer advises founders: “You have to make it your goal to make yourself obsolete, even at the things you like doing.. And that was really tough for me at Oculus because I realized I was basically playing house. I was sitting around doing things that way better people could be doing faster, more effectively.” He continues: “I give my managers the same mindset. I say, ‘Hey, your job is not to do things. It is to get them done in the best way possible. If that means you do it, then you need to do it… If that means that somebody else needs to get hired to do it, that’s what you need to do—even if you like doing it.’” Video source: Internet Marketing (2021)

Palmer Luckey explains why founders need to “make themselves obsolete” “When I started Oculus, I thought I was really good at everything… But I was only the best at a lot of things in our company because I had been negligent in my hiring process.” For example, Palmer was the best optical engineer in the company, but he realized that wasn’t something to be proud of. “That was a failure. I failed my company and my investors by making myself a critical dependency for any of our products. And the reality is I’m actually not a very good optical engineer. I was just the best at Oculus.” Once you start scaling your company, Palmer advises founders: “You have to make it your goal to make yourself obsolete, even at the things you like doing.. And that was really tough for me at Oculus because I realized I was basically playing house. I was sitting around doing things that way better people could be doing faster, more effectively.” He continues: “I give my managers the same mindset. I say, ‘Hey, your job is not to do things. It is to get them done in the best way possible. If that means you do it, then you need to do it… If that means that somebody else needs to get hired to do it, that’s what you need to do—even if you like doing it.’” Video source: Internet Marketing (2021)

Startup Archive

153,498 görüntüleme • 4 ay önce

Palmer Luckey explains why founders need to “make themselves obsolete” “When I started Oculus, I thought I was really good at everything… But I was only the best at a lot of things in our company because I had been negligent in my hiring process.” For example, Palmer was the best optical engineer in the company, but he realized that wasn’t something to be proud of. “That was a failure. I failed my company and my investors by making myself a critical dependency for any of our products. And the reality is I’m actually not a very good optical engineer. I was just the best at Oculus.” Once you start scaling your company, Palmer advises founders: “You have to make it your goal to make yourself obsolete, even at the things you like doing.. And that was really tough for me at Oculus because I realized I was basically playing house. I was sitting around doing things that way better people could be doing faster, more effectively.” He continues: “I give my managers the same mindset. I say, ‘Hey, your job is not to do things. It is to get them done in the best way possible. If that means you do it, then you need to do it… If that means that somebody else needs to get hired to do it, that’s what you need to do—even if you like doing it.’” Video source: Internet Marketing (2011)

Palmer Luckey explains why founders need to “make themselves obsolete” “When I started Oculus, I thought I was really good at everything… But I was only the best at a lot of things in our company because I had been negligent in my hiring process.” For example, Palmer was the best optical engineer in the company, but he realized that wasn’t something to be proud of. “That was a failure. I failed my company and my investors by making myself a critical dependency for any of our products. And the reality is I’m actually not a very good optical engineer. I was just the best at Oculus.” Once you start scaling your company, Palmer advises founders: “You have to make it your goal to make yourself obsolete, even at the things you like doing.. And that was really tough for me at Oculus because I realized I was basically playing house. I was sitting around doing things that way better people could be doing faster, more effectively.” He continues: “I give my managers the same mindset. I say, ‘Hey, your job is not to do things. It is to get them done in the best way possible. If that means you do it, then you need to do it… If that means that somebody else needs to get hired to do it, that’s what you need to do—even if you like doing it.’” Video source: Internet Marketing (2011)

Startup Archive

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🇺🇸 ELON: "LIFE CAN'T JUST BE ABOUT SOLVING ONE MISERABLE PROBLEM AFTER ANOTHER - THERE NEED TO BE THINGS THAT INSPIRE YOU" "There are a lot of negative things in the world. There's a lot of terrible things that are happening all over the world, all the time. There are lots of problems that need to get solved. There's lots of things that are miserable and kind of get you down. But life cannot just be about solving one miserable problem after another. That can't be the only thing. There need to be things that inspire you, that make you glad to wake up in the morning and be part of humanity." Source: Elon Musk, Best Elon Musk Quotes 🚀

🇺🇸 ELON: "LIFE CAN'T JUST BE ABOUT SOLVING ONE MISERABLE PROBLEM AFTER ANOTHER - THERE NEED TO BE THINGS THAT INSPIRE YOU" "There are a lot of negative things in the world. There's a lot of terrible things that are happening all over the world, all the time. There are lots of problems that need to get solved. There's lots of things that are miserable and kind of get you down. But life cannot just be about solving one miserable problem after another. That can't be the only thing. There need to be things that inspire you, that make you glad to wake up in the morning and be part of humanity." Source: Elon Musk, Best Elon Musk Quotes 🚀

Mario Nawfal

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President Donald J. Trump today in the Oval Office: “Well, you're going to have - a lot of things are happening. You have Iran, and you have Russia, Ukraine, and you have the Middle East. We have a lot of things going. A lot of problems were here for a long time before I got here. We settled eight wars, and I think we're going to - I think we're doing very well with Ukraine and Russia. For the first time, I'm saying that, you know, we're doing - I think we're going to maybe have some good news.”

President Donald J. Trump today in the Oval Office: “Well, you're going to have - a lot of things are happening. You have Iran, and you have Russia, Ukraine, and you have the Middle East. We have a lot of things going. A lot of problems were here for a long time before I got here. We settled eight wars, and I think we're going to - I think we're doing very well with Ukraine and Russia. For the first time, I'm saying that, you know, we're doing - I think we're going to maybe have some good news.”

OSINTdefender

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.travis kalanick says building a company in stealth creates a culture of builders: "You build a culture of people that want to build and do not need to be famous when they do it, which basically means - emotional intelligence." It's human nature to want to be acknowledged for the things you do. You'd like the things you build to be seen and for somebody to know that you did it. When you cut against that core of human nature, you wind up with a very high EQ culture. "But - you have to go the extra mile to recruit, the extra mile in sales, etc."

.travis kalanick says building a company in stealth creates a culture of builders: "You build a culture of people that want to build and do not need to be famous when they do it, which basically means - emotional intelligence." It's human nature to want to be acknowledged for the things you do. You'd like the things you build to be seen and for somebody to know that you did it. When you cut against that core of human nature, you wind up with a very high EQ culture. "But - you have to go the extra mile to recruit, the extra mile in sales, etc."

TBPN

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Sequoia's Carl Eschenbach on the founder traits that matter most when scaling a company: "One of the things I absolutely look for is self-awareness in founders, and are they honest about what they’re good at? Because a lot of these founders are just incredibly intelligent human beings, and sometimes they think they can do everything. Do they have the self-awareness to say, 'I need to go get other people as part of the company to help me scale so I can focus on what I’m really good at?'" "There are attributes and characteristics of people that I look for that are way beyond the intelligence side of the equation. You can’t teach grit. You can’t teach drive. You can’t teach a great attitude. You can’t teach determination." "All of those are things that are innate and part of people, and you want to see that in these founders. When you find someone who has that passion, drive, desire, and relentless ability to fight through challenges, issues, and opportunities — and then they have the intellectual horsepower on the other side — when that comes together, that’s a beautiful thing."

Sequoia's Carl Eschenbach on the founder traits that matter most when scaling a company: "One of the things I absolutely look for is self-awareness in founders, and are they honest about what they’re good at? Because a lot of these founders are just incredibly intelligent human beings, and sometimes they think they can do everything. Do they have the self-awareness to say, 'I need to go get other people as part of the company to help me scale so I can focus on what I’m really good at?'" "There are attributes and characteristics of people that I look for that are way beyond the intelligence side of the equation. You can’t teach grit. You can’t teach drive. You can’t teach a great attitude. You can’t teach determination." "All of those are things that are innate and part of people, and you want to see that in these founders. When you find someone who has that passion, drive, desire, and relentless ability to fight through challenges, issues, and opportunities — and then they have the intellectual horsepower on the other side — when that comes together, that’s a beautiful thing."

TBPN

15,950 görüntüleme • 4 ay önce

The hustle bros & the harmony bros are both wrong. This is the right mindset: “You mentioned sacrifices, about all the things that you lost to become professional. I never had the feeling that I did a lot of sacrifices. I just was not able to do all the things that my friends were doing every weekend. But I was able to do all the things. And I did. And at the same time, when you are doing what you want to do, you are not doing sacrifices. You work hard. Of course you push as much as you can. But you’re doing what you want to do.”

The hustle bros & the harmony bros are both wrong. This is the right mindset: “You mentioned sacrifices, about all the things that you lost to become professional. I never had the feeling that I did a lot of sacrifices. I just was not able to do all the things that my friends were doing every weekend. But I was able to do all the things. And I did. And at the same time, when you are doing what you want to do, you are not doing sacrifices. You work hard. Of course you push as much as you can. But you’re doing what you want to do.”

anu

60,161 görüntüleme • 1 yıl önce

Elon Musk: Work on products that you personally love, that you feel really need to exist. “You want to focus on something that you are personally passionate about, that you personally care about. It's very hard to be motivated for a product that you don't really feel strongly about. And it doesn't have to be high-tech. It could be in any field. It's got to be a product that you feel really needs to be there, that you personally love. And I would listen to your instincts. Do you love this product or service? Because it's kind of impossible to know what do other people love. But if you love it, that's a good sign. A good test would be that you can't wait for this product to be on the market. And if that's the case, you're going in the right direction.” Interview at Viva Tech Paris, June 16, 2023

Elon Musk: Work on products that you personally love, that you feel really need to exist. “You want to focus on something that you are personally passionate about, that you personally care about. It's very hard to be motivated for a product that you don't really feel strongly about. And it doesn't have to be high-tech. It could be in any field. It's got to be a product that you feel really needs to be there, that you personally love. And I would listen to your instincts. Do you love this product or service? Because it's kind of impossible to know what do other people love. But if you love it, that's a good sign. A good test would be that you can't wait for this product to be on the market. And if that's the case, you're going in the right direction.” Interview at Viva Tech Paris, June 16, 2023

ELON CLIPS

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🚨 SAM ALTMAN: "Elon Musk helped us start OpenAI, I'm very grateful for that. I really, for a long time, looked up to him as just an incredible hero, a great jewel of humanity. I have different feelings now. There are things about him that are incredible, and I'm grateful for a lot of things he's done. There's a lot of things about him that I think are traits I don't admire. Anyway, he helped us start OpenAI, and he later decided that we weren't on a trajectory to be successful, he kind of told us we had a 0% chance of success. And then we did okay. And I think he got understandably upset. And since then, he runs a competitive kind of clone, and has been trying to sort of slow us down and sue us and do this and that."

🚨 SAM ALTMAN: "Elon Musk helped us start OpenAI, I'm very grateful for that. I really, for a long time, looked up to him as just an incredible hero, a great jewel of humanity. I have different feelings now. There are things about him that are incredible, and I'm grateful for a lot of things he's done. There's a lot of things about him that I think are traits I don't admire. Anyway, he helped us start OpenAI, and he later decided that we weren't on a trajectory to be successful, he kind of told us we had a 0% chance of success. And then we did okay. And I think he got understandably upset. And since then, he runs a competitive kind of clone, and has been trying to sort of slow us down and sue us and do this and that."

DogeDesigner

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