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VOICE ARCHIVE

Julian Klymochko

@julianklymochko
27 posts
2026-01-01
As expected, the great billionaire migration out of California, due to a proposed highly-controversial and authoritarian wealth tax, has begun.  Where Thiel goes, many will follow.  Ironically, the likely net effect is a dramatic reduction in income tax receipts, as the state's wealthiest flee to lower tax jurisdictions.  “Will it work this time?  No, it never does.  I mean, these people somehow delude themselves into thinking it might, but ... But it might work for us.”
2026-01-01 View on X
Bloomberg

Thiel Capital opens an office in Miami, as Peter Thiel and others reportedly look to cut ties with California over a proposed ballot measure to tax billionaires

Peter Thiel's private investment firm opened an office in Miami's Wynwood neighborhood, expanding the billionaire's presence in Florida, Thiel Capital announced Wednesday.

2025-10-06
Advice for would-be private equity titans when trying to land the largest LBO of all time: Choke out the CEO of the company you are trying to take private $EA [image]
2025-10-06 View on X
Wall Street Journal

A profile of EA CEO Andrew Wilson, who is expected to stay in the role, as Silver Lake's Egon Durban credits him for building EA's “crown jewel” sports business

He's a charming Aussie surfer who plays videogames and has a black belt in jiu-jitsu.

2025-08-19
We're so back? @chamath filed to launch a $250 million SPAC called American Exceptionalism Acquisition Corp. A $AEXA [image]
2025-08-19 View on X
PitchBook

American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M

American Exceptionalism Acquisition Corp. A 25,000,000 Class A Ordinary Shares … Steve Goldstein / MarketWatch : Chamath Palihapitiya warns ‘no crying in the casino’ as he launches...

2025-07-08
The Core Scientific / CoreWeave merger arbitrage spread is deeply negative, due to the exorbitant short borrow cost. That said, if you are long $CRWV and aren't collecting securities lending revenue, it's a no-brainer to swap your shares for $CORZ, which are trading at a -27% [image]
2025-07-08 View on X
Bloomberg

CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity

#DataCenters  —  #CoreWeave  —  #PowerIsTheMoat @notreload : $CRWV -2.8%, $CORZ -18% [CoreWeave's all-stock acquisition of Core Scientific caused Core Scientific's stock to fall du...

Note the Core Scientific / CoreWeave merger arb spread will likely be unruly given stock borrow difficulty. Just got quoted a 300% rate for short borrow on $CRWV. That's even worse than when I was short $AMC into the dual share class collapse (like 2-3x worse). [image]
2025-07-08 View on X
Bloomberg

CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity

#DataCenters  —  #CoreWeave  —  #PowerIsTheMoat @notreload : $CRWV -2.8%, $CORZ -18% [CoreWeave's all-stock acquisition of Core Scientific caused Core Scientific's stock to fall du...

2025-03-18
Google announces agreement to acquire Wiz for $32 billion FTC headquarters this morning: [image]
2025-03-18 View on X
The Verge

Alphabet acquires NYC-based cybersecurity startup Wiz for $32B cash, its largest acquisition yet, pending approval; antitrust fears stalled a $23B deal in 2024

The acquisition is Alphabet's biggest yet, after a $23 billion takeover attempt stalled last year.

2025-03-04
CoreWeave filed its S-1 to go public, which will be a huge barometer for the strength (or lack thereof) of AI sentiment. If the IPO fails, look out below on AI-related names. Congrats to MS for getting lead left [image]
2025-03-04 View on X
CNBC

Cloud-based Nvidia GPU provider CoreWeave files for an IPO on the Nasdaq under CRWV and says 2024 revenue was up 737% YoY to $1.92B and it had an $863M net loss

CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.

2024-03-23
Oof While we knew Digital World stockholders weren't the sharpest tools in the shed, some dope holding 4,939 shares of $DWAC redeemed the shares for $10.85 instead of selling at $37.00. This mistake cost them $130,000 You're fired [image]
2024-03-23 View on X
Axios

Donald Trump's Truth Social is going public via a SPAC merger after DWAC shareholders approved the move; TMTG will be listed on the Nasdaq as early as next week

Dan Primack / Axios :

2023-12-19
*ADOBE AND FIGMA MUTUALLY AGREE TO TERMINATE MERGER PACT Remember it was struck at 100x sales to take out its biggest competitor
2023-12-19 View on X
Reuters

Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …

2023-12-18
*ADOBE AND FIGMA MUTUALLY AGREE TO TERMINATE MERGER PACT Remember it was struck at 100x sales to take out its biggest competitor
2023-12-18 View on X
Reuters

Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to …

2023-04-05
“While Chinese regulators rarely reject transactions outright, they have resorted to delaying and withholding approvals until their demands—often focused on benefiting Chinese companies at the expense of their foreign competitors—are met” Beware SAMR https://www.wsj.com/...
2023-04-05 View on X
Wall Street Journal

Sources: Chinese regulators have slowed approvals of mergers by US companies, asking some to make products that they sell in other countries available in China

The U.S. encouraged China to set up a robust antitrust regime.  Now, Beijing is holding back its required green light for mergers …

2023-01-21
https://magt.to/ to be acquired by Thoma Bravo for $44.25 cash per share, 15.4% premium, $1.8 billion Interesting to note that the controlling shareholders are only taking $39.00 (for the shares they aren't rolling), an -11.8% discount https://www.businesswire.com/ ...
2023-01-21 View on X
BetaKit

Waterloo-based Magnet Forensics, which develops digital investigation software, agrees to be acquired by Thoma Bravo for CA$1.8B

Josh Scott / BetaKit :

2022-06-25
Despite the recession and bear market, a massive $10.2 billion leveraged buyout was just announced There's gloom and doom from prognosticators but the data prove otherwise The bottom line is PE groups manufacture a product (LBOs) & need activity https://www.businesswire.com/ ... $ZEN https://twitter.com/...
2022-06-25 View on X
CNBC

Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+

Lauren Feiner / CNBC :

2022-01-11
$TTWO shares down -10.7% pre-market on the back of its $ZNGA acquisition Note that this deal is subject to a buyside vote, and the acquiror's shareholders DO NOT like this deal Another $MNTV / $ZEN situation? https://www.businesswire.com/ ...
2022-01-11 View on X
Wall Street Journal

Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Red Dead, and other titles

Sarah E. Needleman / Wall Street Journal :

2022-01-10
$TTWO shares down -10.7% pre-market on the back of its $ZNGA acquisition Note that this deal is subject to a buyside vote, and the acquiror's shareholders DO NOT like this deal Another $MNTV / $ZEN situation? https://www.businesswire.com/ ...
2022-01-10 View on X
Business Wire

Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Red Dead, and other titles

Take-Two to acquire all the outstanding shares of Zynga for a total value of $9.861 per share - $3.50 in cash and $6.361 in shares …

2022-01-03
There are 360,000 NFT owners holding 2.7 million NFTs Of those, about 9% (32,400 wallets) hold 80% of the value of the $41 billion market https://www.ft.com/... https://twitter.com/...
2022-01-03 View on X
Financial Times

Chainalysis: users spent nearly $41B on NFTs in 2021, with <$10K transactions accounting for more than 75% of the market; 32.4K wallets hold 80% of the value

Financial Times : Tweets: @carnage4life , @julianklymochko , @abatukaraali , @mshannahmurphy , and @slhamlet Tweets: Dare Obasanjo / @carnage4life : The unintuitive thing about th...

2021-12-28
It's a unicorn stampede Nearly 340 new unicorn startups—or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year These will help feed the 571 SPACs searching for a deal https://www.wsj.com/... https://twitter.com/...
2021-12-28 View on X
Wall Street Journal

PitchBook: nearly 340 startups have privately raised money at $1B+ valuations in 2021, more than triple the total from 2020

or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year These will help feed the 571 SPACs searchin...

2021-12-27
It's a unicorn stampede Nearly 340 new unicorn startups—or about one each day—have privately raised money at valuations north of $1 billion this year, more than triple the total from last year These will help feed the 571 SPACs searching for a deal https://www.wsj.com/... https://twitter.com/...
2021-12-27 View on X
Wall Street Journal

PitchBook: nearly 340 startups have privately raised money at $1B+ valuations this year, more than 3x the total from last year

SPACs and venture capitalists are plowing money into startups at record rates, looking past worries about lofty valuations  —  Investors are defying … Tweets: @julianklymochko and ...

2021-10-15
The fact the US regulators rely on a 1946 Supreme Court decision about whether contracts to sell or manage citrus groves in Florida are securities to determine if digital assets are securities makes it pretty clear an updated regulatory regime is needed https://www.wsj.com/...
2021-10-15 View on X
Wall Street Journal

Coinbase asks Congress to regulate digital assets outside of the existing financial system and to create a special regulator for digital asset markets

Crypto trading platform asks Congress to create an oversight regime separate from existing market regulators Source: The Coinbase Blog .

2021-07-02
Robinhood S-1 Citadel accounts for approximately 1/3 of revenue “Robbing from the poor to give to the rich” https://www.sec.gov/... https://twitter.com/...
2021-07-02 View on X
Axios

Robinhood files for long-awaited IPO, says it will set aside up to 35% of shares for retail investors

Popular trading app Robinhood on Thursday filed for its initial public offering, and disclosed that it will set aside up to 35% of shares for retail investors who rarely get to buy...