India spent 50 years trying to export Bollywood to America. RRR won an Oscar and made roughly $15M at the US box office. Meanwhile, a Bengaluru startup quietly hit $500,000,000 ARR selling serialized audio stories to Americans. The wildest entertainment export in history worked because it did one unthinkable thing: It DELETED Indian culture completely. For decades, every cross-border media pitch was the same: "Here is our rich heritage, please watch it." It never grew beyond the diaspora. Pocket FM did it differently. They didn't try to educate the West. They studied what ordinary Americans actually crave at midnight when nobody is watching. The answer? Billionaire bad boys. Secret baby reveals. Alpha werewolf dramas. High-octane pulp fiction. Instead of hiring film crews: - they broke stories into addictive 10-minute audio episodes. - they partnered with ElevenLabs to slash voice production costs by 90%. - they built Sherpa, an AI story partner trained on 100M+ hours of listener drop-off data that helps writers land cliffhangers on command. Result: Over 70% of their $500M revenue now comes straight from the US. American listeners spend 135 MINUTES A DAY inside the app. Don't force your audience to like your taste. Find what they're already addicted to, strip out the friction, and deliver it straight to their headphones.

China's economic data release yesterday was weak, and the consensus claimed it was “below expectations.” However, our leading indicator published for my research subscribers has been foretelling the slowdown for a while. If we see a slowdown is coming, then it’s not a “disappointment”. Consensus didn't think hard enough. Not surprisingly, the market took yesterday’s weak data in stride. The slowdown has some further to run. New lending has turned negative, and consumption is weak. At this juncture, the traditional RRR or interest rate cut won't do, as bond yields are at record lows but few are borrowing. Direct stimulus, such as tax cuts and cash subsidies, would work much better. The Politburo Meeting in July acknowledged the external challenges and uncertainties but didn't elaborate on new policies. If conventional domestic policies are less effective and external demand (exports) is not influenced by domestic policies, then a new kind of stimulus is needed, and fast.

For International Physicians: New data highlight the potential of the #ShockwaveReducer# in patients with refractory angina, non-obstructive coronary artery disease and coronary microvascular dysfunction (CMD). In this prospective single-arm study of 40 patients, Shockwave Reducer implantation was associated with significant improvements at 4 months. IMR decreased, while CFR, RRR, and MRR increased (all p<0.001). Angina symptoms improved, with median CCS class decreasing from III to II, accompanied by significant improvements in 6mWT distance (p<0.001) and across all 5 SAQ domains (p<0.05 for all). CMD remains a challenging condition with limited treatment options. These findings add to the growing body of evidence suggesting that the #ShockwaveReducer# may offer benefit for this group of patients. Read the full article in Canadian Journal of Cardiology:  Safety Info: CAUTION: Investigational Device. Limited by U.S. and Canadian law to investigational use. The Reducer is commercially available in certain countries outside the U.S. and Canada.

Just realized I never shared this photo set >"< Will update later with the shots together with Lelouch 🌟 Recently I caught the flu and had to rest for a week. After only three days back at work I suddenly came down with acute gastroenteritis QQ Even after a few more days of recovery I still don’t feel fully back to normal, but the busy schedule is starting again 💦 Fingers crossed my body can keep up rrr... Don’t worry—I’ve been following up with the doctor and taking my meds >""< Everyone, please stay healthy too! ☺️ 剛剛才突然發現居然還沒有分享過這組照片>"< 之後再來更新跟魯路的合照🌟 前陣子因為A流休息了一個禮拜 緊接著工作3天後突然又急性腸胃炎QQ 休養個幾天後感覺還沒全好 又緊接著要開始忙碌了💦 希望我的身體可以撐住rrr... 放心我有乖乖回診吃藥的>""< 大家也要健健康康的！☺️ #反叛的魯路修# #CodeGeass# #C_C# #シーツー# #Cos# #CodeGeass# #C_C# #シーツー# #Cosplay# #Lelouch#

⚒️open sourcing my own TOKEN Framework (+) pre-lim $ANT numbers for everyone to do their own forecasting ⚒️ TOKEN FRAMEWORK (below) - consolidate all my thoughts from last 12m & tried to organize into a more coherent framework for how I am thinking about it (+) linking all my sources.. 3 important things imo 1. "Count Dollars not Tokens" 2. Pricing power is real but narrow *YOU have to have a view on Token Growth and Open Weights SHARE OF DOLLARS to have conviction ... On Vercel it went from about 5% to 23% in three months, led by pricier open models such as Kimi K3, not the cheapest ones. If that continues, we're in Bear: open-weight takes about 57% of 2030 API spend and frontier-lab spend only doubles. If it stalls, Base holds: about 24% open, about 10x for closed labs. That's a $700B difference in frontier-lab revenue by 2030 **I am sure the hive will find some errors -> good... send them and will update $ANT : 5 things you need to believe .. the CORE bet is #3# and #5# for the true believers - adjusted "RRR" waterfall for S-1 disclosures (this is run rate revenue and not ARR tbc) *"NRR adds" a black eye -> I would really focus on this with mgmt in IPO meetings ... really understanding the headwinds and tailwinds - my true est. SHARE COUNT (wow) - profitability bridge to help me understand moving pieces - Funding Traces - **BULL v BEAR** what you all want TOKEN MODEL: ANT_ARR_TOKEN_MODEL: Both of these are meant to encourage debate + for you to stress test your own assumptions and add to what I have here - needless to say nothing here is investment advice and you agree to that stipulation before opening any of the models - I will be tweaking and updating my own daily so can change without notice