Lawrence McDonald(@Convertbond):This is the moment. As a former Lehman trader I feel it’s the time speak up. We all have that responsibility, enough hubris. We must STOP this. Your 401k is on the line. I know deep down @elonmusk @chamath and @DavidSacks agree — at a $2T valuation, passive investors (the S&P 500, the Nasdaq) deserve better.

2026.05.31 19:59

This is the moment. As a former Lehman trader I feel it’s the time speak up. We all have that responsibility, enough hubris. We must STOP this. Your 401k is on the line. I know deep down @elonmusk @chamath and @DavidSacks agree — at a $2T valuation, passive investors (the S&P 500, the Nasdaq) deserve better.

Lawrence McDonald@Convertbond

2026.05.31 12:27

Valuation at IPO Microsoft: $775m (1986) Amazon: $475m (1997) Nvidia: $75m (1999) Tesla: $2B (2010) Facebook: $100B (2012) Uber: $80B (2019) Palantir: $22B (2020) SpaceX: $2000B, yes $2T estimated (2026) Grok data.

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