There’s a lot of talk about OpenAI, Anthropic, and SpaceX being worth more than the combined IPO day value of all 3,365 U.S. tech IPOs from 1980-2025. But they can have very different destinies. OpenAI and Anthropic can both become $5-10 trillion companies near term and still ultimately become zeros if they don’t create a real moat. SpaceX has spent decades building one. Incremental model improvements alone will not be enough for the frontier labs.

For years Zuckerberg has been beholden to Apple. Meta drove distribution. Apple controlled the platform. Then Apple changed the rules, creating a ~$10B revenue headwind for Meta in 2022 alone. Zuckerberg has patiently been building his way out. Muse is his answer. When an AI agent uses apps on your behalf, you stop opening apps. The App Store stops being a toll booth. It’s the ultimate power reversal with Apple and ironically feels like an early App Store moment. It shouldn’t be surprising that one of the most important founder led companies keeps finding a way. But the market keeps underestimating @finkd ‘s ability to adapt as the world changes.

I have no clue how to code. I had someone build me a cheap templated personal website in 2016 and hadn’t updated it since. It stopped working years ago. You know how your mom tells you your voicemail is full? For years people have been telling me doesn’t load. I didn’t even have the login credentials. Yesterday I gave META’s Muse one main job… figure it out. I had it search my email, find some of my key investments, and build a new site around them. It helped me reset passwords, rebuilt the site, and got it live within 24 hours. In 2016, I paid $10,000. In 2026, I paid $20. And I did the entire thing from my phone.

I was missing 83 K-1s a few hours ago. META’s new Muse AI agent is insanely good. I had it search my email to figure out which ones were actually missing, find the ones that were sitting in my mailbox that I had missed, and forward them to my accountant. For the rest, it tracked down whoever sent each 2024 K-1, emailed them for the 2025 version, and CC’d my accountant. It may need my help on a few that require portals, but a task that is normally a nightmare is essentially handling itself this year. This will be another needle mover for META.

Never shared this publicly, but I’ve been a major shareholder in HUT8 (below the 5% disclosure threshold) since the USBTC days. My original cost basis is $3.56 per share, and I’ve never sold a single share. @ashergenoot and @mikehomkh are building what I believe will be a 100B+ company and have largely flown under the radar despite being world class operators. Watching them take the company from a few servers in a Niagara Falls warehouse in 2021 (where I literally had Asher hop on FaceTime video to show me the warehouse actually existed) to $27B in contractual cash flow from the most credit worthy companies in the world has been remarkable. I’m proud to be a part of their journey. I first met Asher in an unlikely way, through my childhood friend @broukhim, who was his professor, and my brother @tylermateen, who went to USC with him. Keep an eye on this company. I believe there is a lot more to come.

The time has come. I'm taking an extended break from this site. Nothing specific has happened lately to prompt this. Honestly...I'm just tired. I need the mental detox. It's the same thing every day. The same "breaking" posts. The same accounts making the same arguments. The same lame engagement farming. The same bots in my replies. The same people applying their purity tests depending on what politician they love. It's all so stale and draining, and despite what some have assumed, this site is not how I make a living. Will I be back? I'm sure I'll post again at some point, but I'm going to take a while and then play things by ear. Maybe the motivation and desire will rekindle a bit. Regardless, I'd encourage everyone to take a step back and consider that what some Washington politician does or whether some movie is woke is not that important in the grand scheme of things. Those things aren't going to bring you fulfillment in life. Spend time with your family. Go to church and build a real relationship with God. Climb a mountain and watch the sunset. Go fishing. The only thing you can't get back is time, and things aren't nearly as bad as the political bubble would have you believe. Take some time and enjoy life a little.