Julius Caesar knife block.

Anytime someone suggests taxing unrealized gains, it’s a tell they don’t understand how financialized the modern world is. “Just a 5% tax on their net worth!” A 5% sell off in any one stock would cause a 30% decline A 5% sell off in the broad market, in one go, would crater the entire market. “So what? Fuck the billionaires!” Half the market, literally half of all stocks are owned by three groups: - retirement funds - pension funds - endowments A 5% billionaire asset tax would bankrupt union pensions. Would bankrupt old people who are retired. And would bankrupt universities. It’s a stupid policy, made by illiterate people. 1- the USA has a 7 trillion dollar budget. It doesn’t need more money. It needs to use the dollars effectively. 2- if wealth inequality needs to be fixed, there are much less destructive tools. Remove income tax under $150,000. Tax capital gains at income tax rates. Tax the origination of asset backed loans Remove the death trust loophole All four will actually solve the problem, without creating another Great Depression

The richest guy on Earth SHOULD be the guy making cutting edge cars and rockets instead of dudes who sell purses and perfumes or dudes who run investment firms or dudes who made Facebook.

Why would you settle for the platinum card when you can have the Centurion card?

F it. I am going for a $100M/year run rate. Or I will die trying.

Elon Musk has enough money now to fix every McDonald's ice cream machine, but he won't because he only thinks of himself.

Nine years ago I was a public school special education teacher Today, I acquired a $2 trillion company that sends rockets into space You have no idea what you can accomplish in a decade

Financial media businesses move with stock market cycles. Revenue goes up in bull markets, down in bear markets. We've been through several of each. Each time, we focus on coming out of the cycle with better fundamentals than we went in with.

“Elon didn’t earn that money.”

Next time you think of giving up, remember this photo of Elon in 2008.

I’m gonna call them “my rockets” now that I own SpaceX.

The day Elon Musk told X advertisers to "go fck yourselves" he was worth $220 billion Today he's worth $1.1 trillion

MarketBeat gets 50-100 donation requests per year. I used to handle them all personally. It was chaotic and inconsistent. Now there's a 5-person employee committee that reviews them quarterly with a rubric they built. I'm not on it. Works a lot better.

In my late 20s, I organized startup events on nights and weekends and helped build the local founder community. By my mid-30s, with a real business and two kids at home, I realized those roles belonged to a different season. Time to pass the mantle to a new generation.

if you're selling your startup - don't I sold my startups for $8m & I'll never sell again quick context: I sold Tweet Hunter and Taplio for $8m in 2024. $2m upfront, the rest as an earnout based on performance - on paper, a dream exit in reality, 3 things broke me first, I gave up my baby. the products I spent years building, the vision I had in my head all of it went to someone else. and now I sit here watching the new owners ship things I'd never ship, kill features I loved, and just make the product shitty looking at Tweet Hunter like this hurts more than I expected it to 😞 -- second, the earnout was kind of a 2-year prison we wanted a high multiple, so we agreed to performance-based milestones that meant 2 years of waking up every single day knowing the only thing that mattered was hitting aggressive revenue targets I was technically still running the company but I had a boss now: the contract 🥲 hitting milestones used to feel like winning but with an earnout it flips. every win is just dodging a loss and missing one doesn't feel like falling short - it feels like being a loser -- third, the money itself breaks you - nobody warns you about it you have no idea what to do with that kind of money you don't get the time to adjust to it and you start taking bad decisions. you stop identifying as the same person you were before and you go a little crazy, faster than you think and then comes the worst part after all this, when I got back to building, I realized everyone around me already saw me as the "successful guy who exited" and that froze me for months I couldn't ship anything new because I was scared of breaking the perception I've talked to a lot of founders who sold their companies. every single one of them feels this but I got back to it anyway - building is what I love and today I'm building a SaaS portfolio that crossed $1m MRR this year so if you're sitting on a term sheet right now, do me a favor don't read what the buyer is offering read what you'd be giving up and then make a decision

samsung is attractive in terms of the tech but the social penalty just isn’t worth it. the cybertruck of phones

For years, I ran a press release service, animal shelter fundraising, and an audiobook site alongside MarketBeat. At one point, MarketBeat made 80% of our revenue and took 50% of my time. I should have cut everything else way earlier.

Early newsletter operators want to run paid ads before they have a way to make money from the list. That's backwards. First figure out monetization, then reinvest revenue into subscriber growth. The loop only works if you start at step one.

When's the last time you forwarded a newsletter to a friend? I copied Morning Brew's referral program early on - gave away merch for referrals. Didn't work. Most subscribers don't refer. Real list growth comes from paid acquisition or organic distribution channels.

Tomorrow is SpaceX IPO Day -- the biggest event for retail investors in five years. Get out the popcorn.