2026-04-20
On the new Monitoring the Situation stream with @eriktorenberg and @theojaffee.
a16z
A new media company called MTS launches for “monitoring the situation” across tech, business, politics, and culture, with backing from a16z and others
2026-03-14
Travis Kalanick is one of the greatest entrepreneurs of all time. The bad guys took his company. But they never broke his spirit. He rebuilt from scratch. And now he's back.
Bloomberg
Travis Kalanick renames CloudKitchens' parent company as Atoms, focused on creating “gainfully employed robots” for the food, mining, and transport industries
Uber Technologies Inc. co-founder Travis Kalanick has launched a new venture that will focus on creating …
2026-03-13
Travis Kalanick is one of the greatest entrepreneurs of all time. The bad guys took his company. But they never broke his spirit. He rebuilt from scratch. And now he's back.
Bloomberg
Travis Kalanick renames CloudKitchens' parent company as Atoms, focused on creating “gainfully employed robots” for the food, mining, and transport industries
Uber Technologies Inc. co-founder Travis Kalanick has launched a new venture that will focus on creating …
Travis Kalanick is one of the greatest entrepreneurs of all time. The bad guys took his company. But they never broke his spirit. He rebuilt from scratch. And now he's back.
The Information
Sources: Travis Kalanick prepares to launch a self-driving car company with backing from Uber and has been discussing acquiring Anthony Levandowski's Pronto.ai
Former Uber CEO and cofounder Travis Kalanick is preparing to launch a new self-driving car company with major backing …
2026-02-27
@MarceloLima This point by @FinnMurphy12 also has truth to it: even the possibility of mass layoffs due to AI may break what remains of the American social contract, which was already hanging by a thread. Recall that the US left hates tech for being white male capitalists. And much of the
Reuters
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
@MarceloLima I flip back and forth on this. On the one hand, the short-term disruption is often overhyped. And the post 2022 tech hiring slowdown was due to rate hikes, not AI. On the other hand, truly end-to-end driverless cars actually are here and outcompeting human-driven cars.
Reuters
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
This is the first AI cut. And it will send shockwaves. Remember: Jack is one of the greatest founders of all time. He created this platform that we're all on, and has been early to many technological shifts. And Block was doing very well as a business. So, for him to cut 40% of
CNBC
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
@MarceloLima This point by @FinnMurphy12 also has truth to it: even the possibility of mass layoffs due to AI may break what remains of the American social contract, which was already hanging by a thread. Recall that the US left hates tech for being white male capitalists. And much of the
CNBC
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
There are counterarguments worth engaging. One point (also by @MarceloLima) is that Block was overstaffed, like Twitter before the acquisition. Possibly true. But it's also true that the new tools mean many orgs think they can do more with less. Some will run the experiment.
Reuters
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
There are counterarguments worth engaging. One point (also by @MarceloLima) is that Block was overstaffed, like Twitter before the acquisition. Possibly true. But it's also true that the new tools mean many orgs think they can do more with less. Some will run the experiment.
CNBC
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
@MarceloLima I flip back and forth on this. On the one hand, the short-term disruption is often overhyped. And the post 2022 tech hiring slowdown was due to rate hikes, not AI. On the other hand, truly end-to-end driverless cars actually are here and outcompeting human-driven cars.
CNBC
Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
This is the first AI cut. And it will send shockwaves. Remember: Jack is one of the greatest founders of all time. He created this platform that we're all on, and has been early to many technological shifts. And Block was doing very well as a business. So, for him to cut 40% of
Reuters
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
2026-02-11
By the way, it's obvious that the 2026 billionaire wealth seizure will be followed by a millionaire wealth seizure. Why? Because the same California Democrats who are trying to expropriate 200 “billionaires” proposed a wealth tax on 30,000 millionaires back in 2020. That [image]
Wall Street Journal
Sources: Mark Zuckerberg plans to buy a Miami mansion, likely for up to $200M, joining other tech billionaires in Florida as California proposes a 5% wealth tax
Zuck out Page out Brin out Thiel out Elon out The most successful tech founders of all time have now exited the failed state of California. You shouldn't move there for tech. And if you are there, you should leave. The future is the decentralized Internet.
Wall Street Journal
Sources: Mark Zuckerberg plans to buy a Miami mansion, likely for up to $200M, joining other tech billionaires in Florida as California proposes a 5% wealth tax
2026-02-10
Zuck out Page out Brin out Thiel out Elon out The most successful tech founders of all time have now exited the failed state of California. You shouldn't move there for tech. And if you are there, you should leave. The future is the decentralized Internet.
Wall Street Journal
Sources: Mark Zuckerberg plans to buy a Miami mansion, likely for up to $200M, joining other tech billionaires in Florida as California proposes a 5% wealth tax
Local real-estate agents say the newly completed mansion on Miami's Indian Creek will likely fetch between $150 million and $200 million
By the way, it's obvious that the 2026 billionaire wealth seizure will be followed by a millionaire wealth seizure. Why? Because the same California Democrats who are trying to expropriate 200 “billionaires” proposed a wealth tax on 30,000 millionaires back in 2020. That [image]
Wall Street Journal
Sources: Mark Zuckerberg plans to buy a Miami mansion, likely for up to $200M, joining other tech billionaires in Florida as California proposes a 5% wealth tax
Local real-estate agents say the newly completed mansion on Miami's Indian Creek will likely fetch between $150 million and $200 million
2026-02-06
I have never been more bullish on crypto. Because the rules-based order is collapsing and the code-based order is rising. So the short term price doesn't matter. As international law breaks down, we will need not just onchain currencies, but onchain companies. As the post-war
Bloomberg
Bitcoin briefly dropped to as low as $60K on February 5, its lowest level since November 2024 and down ~50% from its October 2025 peak, as global markets fall
from Epstein to quantum to AI to the death of crypto twitter — clobbering the coins [image]@luke_metro:how low does crypto have to drop before I never have to hear about Fairshake ...
I have never been more bullish on crypto. Because the rules-based order is collapsing and the code-based order is rising. So the short term price doesn't matter. As international law breaks down, we will need not just onchain currencies, but onchain companies. As the post-war
Bloomberg
Why this is the worst crypto winter ever: AI crowds out BTC for mindshare and power grid access, crypto is mainstream, gold beats BTC as a safe haven, and more
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us …
I have never been more bullish on crypto. Because the rules-based order is collapsing and the code-based order is rising. So the short term price doesn't matter. As international law breaks down, we will need not just onchain currencies, but onchain companies. As the post-war
Wall Street Journal
Strategy reports Q4 net loss up 1,749% YoY to $12.4B, as BTC trades below the company's $76,052 average purchase price; MSTR is down ~60% over the past year
Shares of the bitcoin-stockpiling company have fallen sharply since crypto prices touched all-time highs in October
2026-02-05
I have never been more bullish on crypto. Because the rules-based order is collapsing and the code-based order is rising. So the short term price doesn't matter. As international law breaks down, we will need not just onchain currencies, but onchain companies. As the post-war
Bloomberg
Bitcoin falls to ~$66K, its lowest level since President Trump's election win in November 2024 and down 44%+ from its October 2025 peak as global markets fall
Bitcoin slumped below $70,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets.