SELL EVERYTHING (Including Your Dollars), PPI God Candle, Lee Jae Myung Says "We Must Live"
John Coogan and Jordi Hays break down market turbulence following Anthropic's Investor Day, macroeconomic PPI numbers, and high-profile tech disputes such as Valar Atomics' fight over pro-rata rights. The hosts are joined by Reed Albergotti to examine AI regulation and capital bottlenecks, Bryan Cantrill to discuss building Oxide Computer Company's rack-scale hardware, and Daniel Kimminau to unpack how Advanced Spade Company is modernizing underground utility infrastructure.
- Anthropic reported a third-quarter revenue of $16.8 billion, which annualizes to a $67.2 billion run rate, but its 45% quarter-over-quarter expansion missed investor targets pegged to 10x annual compounding. Read →
- Oxide Computer Company raised a $20 million seed round in 2019, rejecting venture pressure to pivot into software by stamping "Computer Company" directly into its corporate name. Read →