$1,000 follows their calls into $946
All in the world market (VT). No called asset is counting right now.
Q-Cap @qcapital2020$CRWV CDS implies a 58% chance of default within 5Y For context Lehman's 5Y CDS was ~700bps on Sept 12, 2008 the Friday before it filed and CoreWeave is at 1,047bps right now Not saying Jensen is wrong, nobody sees this better than he does. But he'd better be ready to buy the
Q-Cap @qcapital2020Investing does not need to be complicated Just buy a 70% EBITDA Margin oligopoly and go on vacation Bonus: You don't have to pretend to be an expert on Neoclouds or Chinese Frontier Labs $V
Q-Cap @qcapital2020Every time someone says it’s over for Visa and Mastercard they go straight to all time highs I call it the The Chamath effect
Q-Cap @qcapital20202021: Paypal wants to buy Pinterest for $45B 2026: Stripe wants to buy Paypal for $53B This is the pure definition of a low switch cost, low moat business. Poor bastards never had a chance
Q-Cap @qcapital2020Honestly there's things in the last year that still make me confident in Capital Markets doing its job $OKLO: No revenue, paper reactors, burning $570M in FCF. Down -84% $FRMI: No revenue, promising a 17MW project in Texas by 2032 lol Down -89% $OPEN: Losing money every
