Palantir cofounder “@elonmusk made a great point when I was involved as a kid at PayPal: whenever you turn off fraud or grift, the people who would scream the most were the fraudsters.”

Ripple cofounder and billionaire Chris Larsen says California should allow low-cost Chinese 🇨🇳 EVs for lower-income buyers. He pointed to BYD’s ~$10K Seagull, saying, “we’re never going to make that stuff” at those prices.

Intelligence cofounder @grx_xce wants to build an intelligence marketplace for AI capabilities, not just a leaderboard that tells you which model is best. Today, Design Arena users submit creative tasks and have multiple AI models attempt it. The company then collects users' preference about which result was best, which gives Intelligence data about which models perform well for particular kinds of work. Grace thinks that in the future, it will become way easier for companies and individuals to customize models for one narrow purpose and sell access to it on a marketplace. She explains:

The cofounder of @fomo reveals what he has planned for the future of fomo "fomo is a trading app, but the social aspect is what keeps us sticky and continues to let it grow. Currently, we're positioned as one of the best places to trade onchain. I think there's still a lot for us to improve on." "We want this to be one of the biggest social media platforms in the world, not just one of the biggest trading apps. If you take a look at the Metas and their equivalents in the world, they're typically worth a lot more than Coinbase and Robinhood. A lot of that is due to network effects." "Our goal is to become on par with Twitter, Facebook, Reddit, and other big social media conglomerates in the world. We want to be a place where you can come in, discuss your trade ideas, your investment theses, and the things you're doing in real time."

insta cofounder @mikeyk on his secret to consumer app hits: 1. there needs to be a new form factor (for ig, the cameraphone)... 2. + a breakout distro mechanism (sharing ig photos to tumblr, fb, twitter -- creating a cycle) then again, he says, not so easy competing with 1

Announcing Cofounder 2: Run an entire company with agents. It's the infrastructure for the one person billion dollar company - orchestrating agents across engineering, sales, marketing, ops, and design. (and yes that's my real grandma in the video)