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All the Ways Wall Street Gets Paid to Fund AI Boom
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Three Ways to Get Paid
My father, who died in 1981, was an inexhaustible font of wisdom and wit. I don’t know when he told me this particular three-part rule, but I’ve never forgotten it. I tweeted it three years ago, but people keep asking for it in one place, so here it is.
SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention NEW YORK, June 3 : SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major U.S. IPOs, and reflects Musk’s standing in the financial...
Elon Musk is steamrolling Wall Street to become a trillionaire
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Activists behind Graham Platner's rise admit vetting process didn't bring up Nazi-linked tattoo
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AI is blowing up music. How should the Grammys handle it?
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The back-channel bid to go soft on Maduro
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The Old Campaign Playbook Is Dead
Subscribe here: Apple Podcasts | Spotify | YouTube How do you build a winning campaign for the era of AI? In the aftermath of the 2024 race, Democrats have been struggling to adapt to the new logic of the attention economy.
Folding Beijing
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AI Is Slowing Down
If you liked this piece, you should subscribe to my premium newsletter. It’s $70 a year, or $7 a month, and in return you get a weekly newsletter that’s usually anywhere from 5,000 to 18,000 words, including vast, detailed analyses of NVIDIA, Anthropic and OpenAI’s finances, and the AI bubble writ large (updated to version 3.0 last week). My Hater's Guides To the SaaSpocalypse, Private Credit and Private Equity are essential to understanding our current financial system, and my guide to how...