$1,000 follows their calls into $1,023
Ivan Burazin@ivanburazinDespite having massive distribution, I don't think Uber will survive in its current form in the long term. The marketplace model breaks when the car drives itself and the car is owned by the network. Either buy the car company or build it. There's no third option. They have
Ivan Burazin@ivanburazinMicrosoft Frontier Company is interesting, but I'm not bullish. They're trying to run Palantir's FDE playbook: embed engineers, sell to government and defense, and chase 140x multiples. Problem is that it's a services business while MSFT is an out-and-out product company.
Ivan Burazin@ivanburazinI set up investment accounts for both my kids when they were born. About $10,000 per child in S&P 500 and Bitcoin. My two and half year old daughter's account hit $32k when Bitcoin rallied. It's back to $15k now. Still way more than what I had until I was 25. When adjusted for
Ivan Burazin@ivanburazinStripe offering $53B for PayPal is actually genius if you think it through. PYPL sort of plateaued after getting acquired by eBay. But after all these years, it is well-positioned to solve a lot of things across payments. Every payment platform pays Visa and Mastercard, before
Ivan Burazin@ivanburazinMac Minis are consumer-grade hardware. They are not built to run 24/7 in a data center. They break more than servers. They're not optimized for that thermal load. But because Apple has no enterprise motion, AI labs are literally rack-mounting mac minis in data centers. This
