2026-02-26
Note to self, publish thematic doom piece during severe drawdowns
Citadel Securities
Citadel rebuts Citrini's viral article, arguing that AI deployment is constrained by the marginal cost of compute vs. human labor, and needs far more compute
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2024-04-25
We metaversing again
Meta Investor Relations
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B on average for March 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
We metaversing again
CNBC
Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs has lost $45B+ since 2020's end
It's burned $45 billion on the metaverse since the end of 2020. — https://www.cnbc.com/... #tech #meta #metaverse #vr X: Jason Kint / @jason_kint : So generous. This is very lik...
2020-04-16
I don't understand the Robinhood value prop anymore if brokerages are slashing fees to 0 and not selling (as much ) of your flows to hedge funds. Why would anyone use RH, an inferior platform that constantly crashes? https://www.bloomberg.com/...
Bloomberg
Sources: Robinhood is raising $250M led by Sequoia Capital at a pre-money valuation of about $8B
Katie Roof / Bloomberg :