Anthropic files for an IPO! Still a confidential draft, hope to see a public S-1 soon. This is great news for the ecosystem. This is a fantastic company and more of the world should be able to own a slice of this. This is also great for getting a sense of how public markets price AI companies. AI companies look a lot like software companies from the outside, but the economics are very, very different. It'll be interesting to see how markets value them. In the short term, I do expect lot of FOMO driven bumps. There's a lot of capital tied up in Anthropic secondaries. I hope some of this recycles into early stage venture!

This is so good! Exactly the kind of whimsy that we need in these times.

This is a fantastic update! How the public market values these big foundational labs is a massive unknown right now. That, in part, is what's driving this crazy secondary market SPV activity. At the same time, retail investors are locked out of this generational AI wave. OpenAI going public gives the opportunity for everyone to own a slice of this hugely important company. All the best to OpenAI, and I hope the IPO happens sooner rather than later!

Who in India is betting that AI diffusion in India will be extremely fast? I want to talk to you :)

I don’t think OpenAI has the time to do this. They are too busy competing with Anthropic. Claude already has fantastic PMF and if anyone is worth copying and chasing, it’s Claude. Young, unproven startups actually face the problem that NO ONE CARES! So get the free token and fucking build something the world can’t do without.

Danielle made something crazy good (again)

Been thinking about this idea of minimalism in code and life. Built a quick fun deck about it with a little help from Claude code and @naggarwal1's fluid web. Tell me what you think! share.fluiddocs.ai/p/code-is…

I think we are past the point where “only people in San Francisco get AI” is true. AI users are in every industry & they have access to the same models. SF is far from the epicenter of many of the craziest use cases I have seen in science, law, finance, marketing, education…

Such a cool feature! I do this manually, by getting claude to to generate my daily review and then pasting the text into the @ElevenLabs app before I got into the car. Fun fact, elevenlabs reads out my daily review to me in Michael Caine's voice.

That time of the year where the FOMO direction reverses in the India US corridor :)

At billion dollar scale, you have to become a check writing shop. And if you are a check writing shop, you have to get into the market where most checks are being written.

6 months ago, I had cancelled my chatgpt sub, exported all memory to claude and gone all in on making claude my daily driver. Over these 6 months burnt a lot of tokens, built many skills and really dug deep into embedding AI (via claude) into sourcing, diligence and portfolio support. Today, I brought a skill I built on claude back into chatgpt and man it worked seamlessly! Codex is a fantastic desktop solution and GPT5.5 is a solid model! My big reason for doing this was concern about being too dependent on one model company. Not abandoning claude but so thankful that other options exist! Also, makes you think that the AI battles are far from over and that is fantastic, both for users as well as the startup ecosystem! We want a polytheistic world of AI, not a monotheistic one.

A down-ballot race that matters! TL;DR - I did my homework and urge you to vote Patrick Wolff for Insurance Commissioner. He's the only one who has any clue what he's doing. California's insurance commissioner race doesn't get much attention, but it's actually one of the most important races on your June 2 ballot. It took me over a month to buy a car because insurers had paused new auto policies in the state and I needed insurance before being able to sign the lease papers. Many homeowners can't get coverage at all right now, and a lot of homes in the state are losing value because they can't get insured! We've had a series of fires over the last many years and folks who lost everything got screwed by the companies they'd been paying for decades. TBH It's crazy that we vote for insurance commissioner at all. This should clearly be an appointed role. Most states appoint someone with actual expertise. But we live in California and have this silly form of direct democracy. For this position, we've ended up with a conveyor belt of bad or termed-out politicians with zero relevant background trying to get into political office somewhere. That's how we got Ricardo Lara, who ran for the job on a platform of (I kid you not!) - being openly gay and "standing up to fight our bullying President, Donald Trump." This is the insurance commissioner. We elected a journalism major who had never worked anywhere near insurance because he's gay and promised to fight Donald Trump. WTF! The job is rate filings and claims oversight. Lara fleeced us. He took money from companies he regulated, and gave them preferable access, and spent tons of taxpayer money traveling around the world, while at the same time being too busy to accept rate filings from insurers who then pulled out of the state. Rate filings supposed to take 60 days routinely took over a year. Auto insurance rate approvals were frozen for two years. Seven major carriers paused or stopped writing policies in CA. The FAIR Plan doubled. Meanwhile, we've been in crisis mode with some of the worst crises in history during his term... The field to replace him is mostly more of the same. Has-beens who have no insurance background. Jane Kim wants to insurance run by the state, and is endorsed by Bernie Sanders. We have a bunch of other career politicians in the race, hoping to become insurance commissioner because they failed at whatever else they were actually aspiring for. I'm voting for Patrick Wolff. He's a CFA who built an insurance brokerage, analyzed insurers for 20 years, and passed the property and casualty license exam during his campaign, the first candidate ever to do that. He's self-funded his campaign and won't run for another office. His plan is straightforward: allow real competition so no single insurer can gain enough market power to blackmail the regulator on pricing. Require subsidiaries operating in CA to have financial backstops from their parent companies. Publish claims performance report cards for every insurer so consumers can reward good actors and punish bad ones. Streamline rate filings so they actually get processed. The crisis in our state is the result of bad regulation... Good regulation can fix it. Vote Patrick Wolff, and enjoy this awesome video!

Believe!

Beautiful, soulful writing. Writing that both transports you to a different place and time and also makes you think of a 100 connections to the current times. Beautiful!

Love this idea. So often our immediate worlds recede into the background. Bringing them to the foreground is a fantastic thing to do!

Founders, when you share your decks with investors, please share formats that are easier for humans and AI to work with. It is a good assumption that the investor you are reaching out will have some AI processing step in their workflow. PDFs work great! The docsend, gamma and other web formats create friction for the consumer of your deck and do not add much in terms of experience.

WTF did I just watch

This is a fascinating solution to get LLMs to telepathically connect with other LLMs to get a job done. Who is building this to help agent builders get more token efficient communication across various language models? Love to talk!