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Trae Stephens
@traestephens
Partner, Founders Fund; Co-Founder, Anduril; Co-Founder, Sol
1.3K Following    110.5K Followers
🚀 It's not just great billboards and banners being pulled behind airplanes. 🚀 Monaco is officially in GA.
Today, we're launching Monaco into General Availability. We onboarded several hundred hypergrowth startups during our beta. The results are staggering: The average customer added 16 percentage points to their month-over-month revenue growth rate. The average customer tripled their monthly meeting volume. With today's release, Monaco is now the most advanced AI sales platform in the world. Monaco customers have an unfair competitive advantage.
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That’s weird…it’s almost like not banning TikTok has had real world consequences as the US population continues being poisoned by CCP propaganda. Who woulda guessed?!
“If I were the mayor of a town or governor of a state and I had a chance to get a big plant in, an AI plant or a data center, I would absolutely want it," President Donald Trump told reporters on Wednesday.
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Pretty slick new product from @tryramp!
Monitor and control your AI spend on every provider on Our early users save 40% on average. Every week, the price-intelligence-latency frontier shifts, and we expect this trend to continue. Tradeoffs between latency, reasoning, cost, service tier, open source and closed source models are shifting constantly. Router sends every request to the model that's actually best for the task and helps you control what tokens you buy. We benchmark it against real work: ~40% lower cost for the same outputs. Today we're opening it to everyone. Two lines of code or just change your base URL. No @tryramp account needed. Free through 2026, first $26 on us. Get an API key today at
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Exclusive: Inside Fortell (@fortellresearch) The $740M startup that had to waitlist billionaires and celebrities for its AI hearing aid. Their custom chip helps you "hear where you look", distinguishing voices in noisy environments - which solved a problem no hearing aid had cracked in 70 years. Now they're expanding across America to start reaching the 1.5 billion people globally who need it. Founded by four wildly impressive co-founders. Plus, backed from top VC's led by @JoshuaKushner @AntonioGracias @traestephens @wolfejosh @GavinSBaker @patrick_oshag @RobertIger @jaltma @aplusk @hbarra + more. We flew to New York, toured their factory, and tried it ourselves. To date, this is our proudest episode, truly technology at it's best. Enjoy :) 0:00 Today's Most Intelligent Hearing Aid 2:09 70 years unsolved - until now 3:34 "I'd mortgage my house for this" 4:37 Igor: A Pianist Turned Physicist 7:18 Andy + Factory Tour: "Injecting The AI" 9:00 Why they built a custom chip 10:39 Live demo: AI vs conventional 14:48 Matt: Building For His Grandparents 15:22 Cole: Can $6,800 Reach Everyone?
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Yesterday Anduril suffered yet another major setback at our Mississippi factory when curious local wildlife interrupted the power supply to the whole region. Sources report that @mttgrmm expressed his displeasure with the local barbecue and left after lunch. @peard33 @WIRED I'm available for comment anytime. (this really happened and is a real pic, btw)
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Nobody tells you that because it’s comically untrue. Also *there*
Hey @peard33 @WIRED - free tip for you Yesterday the Anduril team in Mississippi achieved a successful test of our Denali rocket motor, the same rocket that exploded *on that exact test stand* 38 days ago. In the ~5 weeks since the rapid unscheduled disassembly, the Anduril team diagnosed the failure, rebuilt and re-instrumented the test stand (including some backlogged improvements), meticulously studied and inspected the new motor, and prepped for this test. A true all-hands-on-deck effort culminating in success. This is the same exact test stand that Wired, quoting anonymous sources, said “could take up to a couple of months” to rebuild the “knocked out” test stand and “could disrupt a key part of the defense company’s rocket motor business.” Not so much. I look forward to your detailed reporting on the successful test. As I discussed 35-ish days ago, doing hard things is actually hard, and rocket science is definitely hard. It’s easy to cite anonymous sources, usually former disgruntled employees, to throw shade and write critical headlines when tests go wrong. Well, yesterday it went right. The credit belongs to the [team] who is actually in the arena, and for all the Andurilians who sprinted: thanks, and great work. I hope you enjoy some celebratory chicken wings this week down in McHenry. Onward.
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Rebuilt. Refired. Successful live fire of Anduril's Denali Solid Rocket Motor.
building for taste. building for craft. building for the long term.
Thank you for your support, Governor! It's an honor to be building the next generation of flight in the Birthplace of Aviation. And thanks for tolerating @mttgrmm's hospitality today.
It was remarkable to watch @anduriltech's first Ohio-made, unmanned combat aircraft roll off the production line at Arsenal-1 in Pickaway County this morning. Congratulations to everyone involved in this significant milestone for national defense!
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Uhhhhh…there are exceptions, right?
Don’t sell anything you wouldn’t want your children to buy.
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The Factory is the Weapon. Great to speak to @MariaBartiromo on @FoxBusiness live from Arsenal-1. Full segment here:
Reuters ran one sentence of the statement we provided them. Here it is in full: 'The reporting runs well ahead of the facts. Any details about terms, structure, pricing, or timing of a future financing round are purely speculative. As a private company, we regularly evaluate opportunities to fund the growth of the business. Beyond that, we don't comment on rumors.' Our IR team talks to investors every day. Routine dialogue is not a fundraising process.
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EXCLUSIVE: Defense tech company Anduril in talks to raise funding at about $100 billion valuation
The next time a journalist starts calling around with completely false information asking for comment, I'm going to respond with, "Ya know, "sources" are saying that you keep a photo of Adolf Hitler on your bedside table that you kiss every morning - would you like to comment?"
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One of the fave things is when a professional journalist starts spreading rumors saying things that are objectively false (not “up for interpretation” false) and it’s somehow not okay to hOLd ThEM aCcountAbLe, even though that’s what they consider to be their central purpose.
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During the Biden admin, I was invited to a defense AI policy Zoom with industry leaders where 40 mins was dedicated to thanking the conveners and introducing the gov reps and the last 20 mins were devoted to scheduling a follow up call to organize a study group. I'll take @emilmichael. Thanks.
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High-ranking government officials shouldn't post like schoolchildren.
During the Biden admin, I was invited to a defense AI policy Zoom with industry leaders where 40 mins was dedicated to thanking the conveners and introducing the gov reps and the last 20 mins were devoted to scheduling a follow up call to organize a study group. I'll take @emilmichael. Thanks.
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High-ranking government officials shouldn't post like schoolchildren.
The Odyssey was totally fine. I don’t feel like the casting distracted from anything. It wasn’t as good as Interstellar. Or Inception. Or The Prestige. Or Momento, Insomnia, Batman Begins, The Dark Knight, The Dark Knight Rises, Dunkirk, or even Oppenheimer. But it was fine.
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AI is extremely good at spending your money very quietly. our own token spend went from a rounding error to more than 10% of payroll in a year. one week in May we burned through $1.5 m. our CFO didn't love telling me that number, and he really didn't love telling the internet. but every finance leader we talk to is living the same story. the bill keeps going up and teams can't answer basic questions about it. which team is driving it? which models they're using? what changed this month? whether a cheaper model would do the same job? so finance gets two bad options: keep paying and hope, or cut broadly and slow down the work that's actually compounding. we built a third one. Ramp now connects to OpenAI, Anthropic, Gemini, Cursor and pulls it all into one place. see it, understand it, control it - down to a single API key. built with 1,000+ companies managing 100T+ tokens a month, and now spending less than they expected too! try it today at
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To be fair, she’s not even THAT good of a mafia player - just watch Episode 1. 🤣 @ryanameliab
Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her Mafia skills)
for anyone in tech with money: the annual percentage they want to take from you each year via asset seizure is what you should be plowing into super pacs, NGOs, and media influencers right now to beat back marxism. the hour's late, and nobody else is coming to save you.
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