I thought neoclouds are going to restrict models access, not countries 😂

SpaceX market cap is greater than the entire crypto industry market cap

AI thesis update: GPU shortage phase ends → the real winners shift to those who ship the best models lock users into their platform. Right now though, $NVDA is winning big as everyone races to fill racks and build AI factories. Once infra is widely available, raw compute becomes more table stakes. The companies that deliver superior frontier models distribution will dominate. $GOOGL builds strong in-house models. $AMZN (via Anthropic) can win through scale lock-in on AWS. Neo-clouds like $NBIS are executing well on infra today, and have a real shot at developing their own strong models later. Best model lock-in = biggest long-term winner.

I think it sounds like SAAS is back

We're launching a new program @ NY Tech Week for global founders starting with Israel June 1 - 7 we’re bringing 7-10 Israeli founders to NYC for a curated Tech Week experience - up to $ 5K to cover travel cost - small dinner with the a16z speedrun team - access to executive buyers/customers at our AI Faire - invite to VIP a16z events - and more meanwhile, there’s a bunch of other awesome Israeli focused and general Tech Week events that week to attend if you’re an Israeli builder just beginning to think about starting a company and want to test your ideas with the US market: apply below!

The unbreakable bond between the Jewish people and the Iranians. A free Iran would be Israel's greatest ally in the Middle East.

If you know, you know... @YojinHQ

DeFi is dead and most of you still don’t understand what it actually was It was never a financial system. It was a loop designed to manufacture synthetic valuations from minimal capital Protocols didn’t grow capital, they multiplied how it was counted by turning one deposit into multiple positions A token gets emitted, you’re paid to deposit it, and that deposit is recorded as TVL. That’s position one. You borrow stables against that same collateral, deploy them somewhere else, and now that same base capital is supporting a second position on another protocol Then you take the LP token from that, restake or loop it again, and it gets counted a third time Lets simplify it with $100: > You deposit $100 into a protocol, that’s your first position and it’s recorded as $100 TVL > You borrow $80 against that same $100 and deposit it somewhere else, now there’s another $80 being counted > You borrow $60 against that $80 and deploy it again, now that’s another layer You take the receipt from that and loop it one more time On paper you now have $280 across protocols, but in reality its still the same $100 This is the same illusion as altcoins printing billion dollar market caps on tiny float A $2B token with 5% circulating isn’t $2B of value, it’s $100M of liquidity marked higher by thin trading DeFi did the same thing with TVL. Instead of multiplying price across supply, it multiplied the same capital across protocols TVL became FDV in a different format Protocols emitted tokens to LPs, counted those tokens as TVL, then counted the incentivized volume as usage That volume generated fees, fees justified valuation, valuation justified emissions, and the loop continued No external demand was needed and the system kept feeding itself Every narrative ran the same structure. Yield farming, LSDs, restaking, points. Different names for the same mechanic You weren’t earning yield. You were being paid in dilution At the peak, $200B TVL implied capital that never existed. The real base was a fraction of that, looped, leveraged and counted multiple times Each protocol reported it independently, dashboards aggregated it as if it was additive That’s how the industry looked massive This is why altcoin market caps and DeFi TVL broke at the same time Both were built on internal pricing, thin liquidity, and recycled capital. One inflated valuation through float, the other through collateral loops Neither represented real economic scale The fragility came from this exact structure. The hacks weren’t random.... You don’t extract hundreds of millions from systems generating real external cash flow, you extract from systems where the value was already abstract Strip out token denominated TVL, emission based yield, recycled collateral, and wash volume. What’s left is a small set of protocols actually moving capital DeFi didn’t fail. It worked exactly as designed. It took limited capital, looped it, marked it higher, and distributed it Now that the loop is visible, the numbers don’t hold That’s why it doesn’t bounce. There’s nothing underneath it to support the scale it once claimed

> be in defi > put usdc on aave at 3% apy > "safe yield. lowest-risk play." > can't withdraw because kelpdao got drained > because kelpdao used layerzero > because layerzero trusted 3 rpc servers > because north korea ddos'd 3 rpc servers > layerzero: "the protocol worked as intended"

Dear Haters and Losers, You’re morons. Update your world models. gg

Israeli founders: I see your pandemic, SVB and raise 10 hour time difference, 3 wars, mass protests, exchange rate and all your VPs on reserve duty. Bam. Playing on hard mode 🇮🇱

🚨 The Golden Age of Cheap Unlimited AI Just Died🚨 For one glorious stretch we actually had it: ~$200/month for near-unlimited frontier models. No “you’ve reach the limit” bullshit. We got dangerously lazy. - “AI, just git pull and fix the merge conflicts” - “AI, write my commit message like a senior engineer” - “AI, debug this while I grab coffee” Pure degeneracy. Absolute bliss. Then they pulled the plug. It’s not “a bit worse.” It’s 95% worse. Straight-up unusable unless you’re dropping thousands of dollars a month on enterprise plans. Silver lining: Your job is safe for a little longer 😂 Dark side: It’s gatekept from normal devs and retail users again. Now we’re in limbo waiting for a local/open model that actually matches Opus-level performance. The party was legendary. The hangover is brutal.

Claude has been unusable these days, so I tried Codex. It gives me Cursor vibes, not really my thing

I’ve said it before and I’ll say it again: I don’t think Israel is the reason Trump attacked Iran It’s much bigger than that

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.@eigencloud changed how capital participates in Ethereum security. But most restaking setups leave LST liquidity inactive. We integrated Aleph Finance to enable additional protocol reward streams on stETH and rETH delegated through P2P.org while maintaining EigenLayer exposure. New blog ↓

What do you need AI for? First look at AntStation.

the Tel Aviv stock exchange is up 7x in 2 years what the actual fuck

My wife fed the same prompt to @ChatGPT vs @Claude: nurse mom of 2 volleyball star. Look at the results and guess which one provided what 👀