Chamath Palihapitiya Channel
Re-poster account | God is in the details.
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President Trump possesses the power to bring this to reality, and doing so would fundamentally transform America.
https://truthsocial.com/@realDonaldTrump/115951002275904202
https://truthsocial.com/@realDonaldTrump/115951002275904202
As indicated in the image below, the blue states currently have electricity prices that are as much as 4x the rates of the red states.
This difference is not due to any technological inferiority in those blue states, but rather specific policy decisions that have driven competition out and prices up.
This difference is not due to any technological inferiority in those blue states, but rather specific policy decisions that have driven competition out and prices up.
As we have discussed extensively on the Pod, the Great SaaS Meltdown has officially begun, and there is no turning back.
So, what exactly is taking place?
In short, the strategy of high growth with low or no profitability is no longer a winning formula. There are now major questions regarding the durability of that growth in the short term, and—due to AI—the potential for profits in the long term. Every SaaS company has sold a specific dream to investors and employees: grow rapidly now and harvest significant cash flow later. With the advent of AI, that fundamental assumption may be entirely out the window.
The critical threshold question now is this: Will their growth be overtaken by a much cheaper, AI-developed solution?
If you are a venture-supported SaaS startup built on legacy Heuristics+APIs+CRUD products, it is likely that a new AI-oriented workflow is coming for your market share.
Private market investors recognize this shift and believe that capital used to fund short-term growth will not be rewarded. Meanwhile, public market investors no longer believe long-term profitability is possible. They would rather pivot into sectors they consider more resilient.
This represents a change in the risk calculus that has existed for the past 15 years, explaining the trends visible in the chart below.
Good luck to all the players!
So, what exactly is taking place?
In short, the strategy of high growth with low or no profitability is no longer a winning formula. There are now major questions regarding the durability of that growth in the short term, and—due to AI—the potential for profits in the long term. Every SaaS company has sold a specific dream to investors and employees: grow rapidly now and harvest significant cash flow later. With the advent of AI, that fundamental assumption may be entirely out the window.
The critical threshold question now is this: Will their growth be overtaken by a much cheaper, AI-developed solution?
If you are a venture-supported SaaS startup built on legacy Heuristics+APIs+CRUD products, it is likely that a new AI-oriented workflow is coming for your market share.
Private market investors recognize this shift and believe that capital used to fund short-term growth will not be rewarded. Meanwhile, public market investors no longer believe long-term profitability is possible. They would rather pivot into sectors they consider more resilient.
This represents a change in the risk calculus that has existed for the past 15 years, explaining the trends visible in the chart below.
Good luck to all the players!
I am not sure how many people are aware of this, but in SF, a union is proposing fines for companies whose CEO is paid more than 100x their median employee.
Again, similar to the asset seizure tax, the proceeds would be used to pay for various services that could be funded if there was instead a focus on cutting waste.
Again, similar to the asset seizure tax, the proceeds would be used to pay for various services that could be funded if there was instead a focus on cutting waste.
It is time to declare an end to winners! Frankly, they simply make the rest of us feel bad. Rather than focusing on self-improvement, I prefer to wallow in resentment of you—precisely because you are a winner! How dare you!
I believe the moment has arrived for everyone to become an equal loser. Let us dedicate ourselves to teaching our kids to be losers. Imagine how great it will be!
Consider the new standard:
* Don't study—whatever, your grades do not matter.
* Can't read—it is okay, we will subsidize you.
* Won't work—no worries, here is a handout.
Equal opportunity losing is way better and more just than unequal winning! I think we can all agree on that!
I believe the moment has arrived for everyone to become an equal loser. Let us dedicate ourselves to teaching our kids to be losers. Imagine how great it will be!
Consider the new standard:
* Don't study—whatever, your grades do not matter.
* Can't read—it is okay, we will subsidize you.
* Won't work—no worries, here is a handout.
Equal opportunity losing is way better and more just than unequal winning! I think we can all agree on that!
The debate surrounding the “Billionaire Tax” has revealed a stark truth:
A small faction is attempting to normalize the behavior of unaccomplished opportunists who avoid making difficult decisions, preferring instead to take from winners—even if doing so is illegal or unconstitutional. Pursuing this path would effectively torch the 4th largest economy in the world! This demonstrates just how little regard exists for our collective future.
So, do we want to tell our children that failing to strive is acceptable? That they shouldn't try, but simply take from others? Or do we want to teach them that you get out of a system what you put in, and that adults must step up to make hard choices?
Let’s vote on the tax so we can decide where the State of California stands and ultimately determine when this insane push to socialism ends.
A small faction is attempting to normalize the behavior of unaccomplished opportunists who avoid making difficult decisions, preferring instead to take from winners—even if doing so is illegal or unconstitutional. Pursuing this path would effectively torch the 4th largest economy in the world! This demonstrates just how little regard exists for our collective future.
So, do we want to tell our children that failing to strive is acceptable? That they shouldn't try, but simply take from others? Or do we want to teach them that you get out of a system what you put in, and that adults must step up to make hard choices?
Let’s vote on the tax so we can decide where the State of California stands and ultimately determine when this insane push to socialism ends.
As forecasted in our annual predictions episode to start the year, copper is the only game in town—unless someone shows up with super conductivity or carbon nanotubes. AI acts as a huge demand driver for this very under-resourced material.
This is truly exciting news, and I am personally delighted for my friends Andrew Feldman and G42/MGX.
As I have mentioned previously on @theallinpod, we are on the verge of a renaissance in decode silicon. This is a critical step as we establish AI as the default stack for applications over the next decade and beyond.
With that in mind, I believe the early PC maker wars of the 80s and 90s offer a useful analogy for understanding where the puck is going…
As I have mentioned previously on @theallinpod, we are on the verge of a renaissance in decode silicon. This is a critical step as we establish AI as the default stack for applications over the next decade and beyond.
With that in mind, I believe the early PC maker wars of the 80s and 90s offer a useful analogy for understanding where the puck is going…
As we increased our financial investment in California's education, did our children actually become better educated?
2003 Spend: $14,400 per pupil
2024 Spend: $24,000 per pupil
Unfortunately, the answer is “NO”.
Inflation-adjusted per-pupil education spending in California increased 66.67% over the past 20 years.
However, the correlation (r) between spending and actual results across all grades is 0.122, which is described as a “very weak positive” relationship.
In other words, spending the extra money didn’t result in any increase in educational outcomes; in some cases, it was even correlated with worse outcomes (Grade 8 Math).
2003 Spend: $14,400 per pupil
2024 Spend: $24,000 per pupil
Unfortunately, the answer is “NO”.
Inflation-adjusted per-pupil education spending in California increased 66.67% over the past 20 years.
However, the correlation (r) between spending and actual results across all grades is 0.122, which is described as a “very weak positive” relationship.
In other words, spending the extra money didn’t result in any increase in educational outcomes; in some cases, it was even correlated with worse outcomes (Grade 8 Math).
As we reflect on the last 20 years, it is worth asking if your daily experience living in California has improved by three times. This is a relevant question to consider, as taxes and borrowing have driven a threefold increase in spending during this same period.
**California Population:**
2004: 35.6M
2024: 39.4M
**California Spending:**
2004: $155B ($4,350/person)
2025: $510B ($12,940/person)
**California Population:**
2004: 35.6M
2024: 39.4M
**California Spending:**
2004: $155B ($4,350/person)
2025: $510B ($12,940/person)
Here is a counter-proposal to the "billionaire tax"—also known as the asset seizure tax—which is currently depleting the state of high-income taxpayers. An alternative approach would be to tax carried interest or the utilization of margin loans. Either option would successfully meet revenue goals without driving high-value Californians out of the state.
In 2023, Canada recorded a government-assisted suicide rate of:
37 individuals per 100,000 population.
In comparison, the gun-related murder rate in the United States for the same year stands at:
5 individuals per 100,000 population.
What events have unfolded in Canada? 😢
For further insights, visit: https://open.substack.com/pub/tbecketadams/p/where-does-sarah-palin-go-for-her?r=u1ho&utm_medium=ios
37 individuals per 100,000 population.
In comparison, the gun-related murder rate in the United States for the same year stands at:
5 individuals per 100,000 population.
What events have unfolded in Canada? 😢
For further insights, visit: https://open.substack.com/pub/tbecketadams/p/where-does-sarah-palin-go-for-her?r=u1ho&utm_medium=ios
It is important for citizen journalists and those who take offense at the misuse of taxpayer funds to recognize that an investigative article by Chris Rufo, published on November 25, has triggered significant consequences. Following this, a widely-shared YouTube video by Nick Shirley has led to the effective “resignation” of Minnesota’s current Governor, who has opted not to seek reelection. In Minnesota, the pressing inquiry now revolves around the extent of the waste and whether it can be linked to quid pro quo campaign donations.
In a broader context, a vital question for the entire nation, as well as for financial stakeholders in the bond market, is whether these same citizen journalists will be able to apply their strategies and focus their efforts on California, the world’s fourth-largest economy.
#CitizenJournalism #Accountability #Minnesota #CaliforniaEconomy
In a broader context, a vital question for the entire nation, as well as for financial stakeholders in the bond market, is whether these same citizen journalists will be able to apply their strategies and focus their efforts on California, the world’s fourth-largest economy.
#CitizenJournalism #Accountability #Minnesota #CaliforniaEconomy
It is important for citizen journalists and those who are concerned about the misuse of taxpayer money to recognize that following an investigative piece by Chris Rufo on November 25, and a widely circulated YouTube video by Nick Shirley, the current Governor of Minnesota has essentially “resigned” by opting not to seek re-election. In Minnesota, the pressing issue now revolves around the extent of the waste and whether it can be traced back to quid pro quo campaign contributions.
On a broader scale, a significant inquiry for the entire nation, as well as for financial stakeholders in the bond market, is whether these citizen journalists can apply their strategies to expose issues in California, the state that ranks as the fourth largest economy globally.
On a broader scale, a significant inquiry for the entire nation, as well as for financial stakeholders in the bond market, is whether these citizen journalists can apply their strategies to expose issues in California, the state that ranks as the fourth largest economy globally.
Citizen journalists and those who are outraged by the misuse of taxpayer funds should take note of the significant developments stemming from an investigative article by Chris Rufo published on November 25, which was subsequently followed by a viral YouTube video from Nick Shirley. These events have led to the current Governor of Minnesota effectively stepping down by opting not to seek re-election. In Minnesota, the pressing inquiry now revolves around the extent of waste involved and whether it can be linked to campaign contributions made in exchange for favors.
On a broader scale, a pivotal question for the entire nation, and particularly for investors in the bond market, is whether these citizen journalists will apply their strategies to focus on California, which stands as the fourth largest economy globally and serves as a substantial target for investigation.
#CitizenJournalism #TaxpayerDollars #Minnesota #CaliforniaEconomy #InvestigativeReporting
On a broader scale, a pivotal question for the entire nation, and particularly for investors in the bond market, is whether these citizen journalists will apply their strategies to focus on California, which stands as the fourth largest economy globally and serves as a substantial target for investigation.
#CitizenJournalism #TaxpayerDollars #Minnesota #CaliforniaEconomy #InvestigativeReporting
It is important for citizen journalists and those who are deeply troubled by the misuse of taxpayer funds to recognize that the investigative efforts led by Chris Rufo on November 25, followed by a widely circulated YouTube video from Nick Shirley, have resulted in significant political consequences. The current Governor of Minnesota has effectively chosen not to seek re-election, which many interpret as a form of resignation. The pressing question within Minnesota now revolves around the extent of the financial waste and whether it can be linked to quid pro quo campaign donations.
On a broader scale, a pivotal concern for the entire nation and financial stakeholders in the bond market is whether these same citizen journalists will apply their strategies to scrutinize California, which stands as the fourth largest economy globally and represents a substantial financial opportunity.
On a broader scale, a pivotal concern for the entire nation and financial stakeholders in the bond market is whether these same citizen journalists will apply their strategies to scrutinize California, which stands as the fourth largest economy globally and represents a substantial financial opportunity.
Tomorrow, @uwaterloo will host @8090solutions as we introduce our Software Factory on campus. We invite you to participate:
- Engage with our engineering team face-to-face
- Discover how we leverage it internally to accelerate our shipping process
- Connect for internship and full-time job opportunities
I will be joining virtually to facilitate an exclusive Q&A session.
📍 Tatham Centre 2218
📆 Tue Jan 6 | 5–7pm ET
- Engage with our engineering team face-to-face
- Discover how we leverage it internally to accelerate our shipping process
- Connect for internship and full-time job opportunities
I will be joining virtually to facilitate an exclusive Q&A session.
📍 Tatham Centre 2218
📆 Tue Jan 6 | 5–7pm ET
When can we expect the driven politicians to address the pervasive issues of systemic waste and fraud?
Consider the state assemblyman with aspirations of becoming the State Attorney General.
Then there's the State Attorney General aiming for the Governor's seat.
Following that, we have the Governor with ambitions to ascend to the presidency.
The opportunity exists...
Consider the state assemblyman with aspirations of becoming the State Attorney General.
Then there's the State Attorney General aiming for the Governor's seat.
Following that, we have the Governor with ambitions to ascend to the presidency.
The opportunity exists...
Individuals within my circle, whose combined net worth amounts to $500 billion, made a decisive exit from California yesterday, leaving the state permanently.
Their departure was driven by concerns regarding the newly proposed asset seizure tax, commonly referred to as the “Billionaire Tax.”
The absence of these affluent residents will inevitably exacerbate California's budget deficit.
This financial shortfall can be addressed in one of two ways: either through increased borrowing from the bond market, which is known for its strict financial criteria and lack of leniency, or by imposing higher taxes on the remaining population.
At the same time, the state continues to grapple with rampant waste, fraud, and abuse amid the hundreds of billions in revenue it currently collects.
#California #BillionaireTax #BudgetDeficit #WealthManagement
Their departure was driven by concerns regarding the newly proposed asset seizure tax, commonly referred to as the “Billionaire Tax.”
The absence of these affluent residents will inevitably exacerbate California's budget deficit.
This financial shortfall can be addressed in one of two ways: either through increased borrowing from the bond market, which is known for its strict financial criteria and lack of leniency, or by imposing higher taxes on the remaining population.
At the same time, the state continues to grapple with rampant waste, fraud, and abuse amid the hundreds of billions in revenue it currently collects.
#California #BillionaireTax #BudgetDeficit #WealthManagement
Happy New Year!!
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