LIVE CLIPS
EpisodeĀ 6-30-2025
Year. That's OpenAI is reevaluating comp to be more aggressive. Put that in perspective. And he's got the yeehaw cowboy hat emoji on. I love it. I love. I love post post. You know, retirement bill. It's just like before. He would be much more concerned about this now. He's got the. The cowboy hat on. He's just. He's just watching Riding into the Sunset. He's podcasting Riding in the Sunset, talking about the drama. We're gonna have him on soon. Yeah, it'll be cool. I saw there was someone else posted that, and I thought this was accurate. People forget that zuck yeeted like $20 billion. He's willing to lose tens of billions of dollars, and he can be on. This, the Meta Quest 3S Xbox edition. I don't think he yeeted 20 billion on this. I think it was worth every penny. We're gonna be putting this to the test on the show today. Stay tuned. Tyler Cosgrove, our intern, is going to be trying to beat the first level of Halo in virtual reality. But OpenAI has incredible access to capital, but they are losing obscene amount of money. Meta has incredible access to capital and can deploy it and still generate tens of billions of dollars of net income every year. And uniquely, Zuck has incredible control over the board and shareholders, and so he. He controls enough of the vote that he can't. That he can't be. He's also just so big, but he can't be the subject of activist shareholder attacks saying, hey, we want earnings per share to go up by a little bit more. We'd like our dividends to be a little bit bigger. He's in that early Bezos era, where he has the full faith of the shareholders and also the legal control to actually go and spend tens of billions of dollars on a project that might prevent disruption, which is absolutely in the long term best interest of. He's not thinking quarter by quarter. Exactly. He's. He's fulfilling his fiduciary duty just on a different timeline. And so the only reason that an investor would be upset if they're like, yeah, well, I just want the stock to pop this quarter. But he can tell those people that I'm not. I'm not building with you in mind. So, yeah, it's. It's getting spicy. It's a mark on mark. Violence mark. Chad is the mark. Zuckerberg today. Pull it up. I'm sure. I'm sure half a point. The market loves it. No, clearly. What is that 5 billion? Yeah, something like that. I mean, 5 billion. That'll pay for what, 50 researchers. That's exactly how many you need, right? Yeah. Who is telling us the Perfectly priced in. Yeah, yeah, perfectly priced in. Nikita Beer. We got a trade deal, baby. Trade deal. Nikita Beer has joined X as the Hawk product. You probably know him from his viral social apps. He's. He's been. He sold one to Discord, he sold one to Facebook back in the day. Now he didn't even have to sell one. He's just going directly to X. He's joining as the head of product. He's cutting out the middleman which were his startups. Basically. He says X is the most important social network in the world. Fully agree. Fantastic app. I'm obsessed. It's where we built this company. It's where Internet culture originates and where the world's most influential people convene. Finding my community and building an audience on X has impacted my life more than any single thing. It's unlocked friendships, professional opportunities, and it's even where I met my girlfriend. Well, I already spent every waking hour on this app. I'll now be spending that time helping others unlock the same value and will certainly be leveraging the power of Grok to create hyper relevant timelines and help people understand everything that's happening. Thanks Elon Musk and the X team for inviting me to work on the product that I live in. Every product, but also poster and residence. Right? They lost. Yep. Seen. Yes, they did. Or fired him. But they're bringing back a new poster and residents who's going to be absolutely dominating the timeline. Yeah. And I think, I don't know, it's interesting, like Nikita's had success iterating very quickly on product and developing viral apps. He's also spent enough time in large tech companies like Meta and Discord to probably be able to play. There's probably some overhead that still exists even in the leaner X. So I wouldn't be surprised that he's actually kind of of the perfect person there. And then obviously the fact that he's so dominant on the platform and obsessed with it, and really he's a power user, that's probably exactly what you want in the head of product. So I'm bullish. Are you ringing the gong? You know why I have this out? Why do you have that out? Because the rumor is that X backed up the Brink's truck. No way. This one. Okay, so I'm gonna hit the gong for Nikita. Hit the gong. Congratulations to Nikita. Beer he's been on a generational run, and it continues as Ex's head of product. I'm gonna start texting him now. When there's bugs, yeah. Head of product, that means bug squash. I actually don't experience that many bugs.
Activate go golden retriever mode.