Powerwall? Nah, how about 3 Tesla Model 3 batteries for a total of 180 kWh of energy storage with enough solar to be completely off grid
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At some point liberal women need to decide: are they oppressed by men because men have all the wealth and opportunity, or are there no good men because men are failures who don't make enough money
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Lindsay Clancy is suing for personal injury monetary damages because murdering her children *hurt her* by removing the "comfort and care" provided by her children, and caused her husband to divorce her
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Hey, Michael from Prodigy Research (YC S26) again
Our launch has made the rounds and produced a lot of discourse. Much of it is around a few particular questions: if you have alpha, why raise money at all? and why do YC in particular? I’ll tackle these in order.
First, why raise money at all if you have alpha?
The short answer is that we are raising money for the same reason any business raises money.
There is a lot of what I would call “magical thinking” about trading. Many people have a mental model where a profitable trading strategy is like a magic faucet. You turn it on and unlimited money comes out, simple as. If this were the case, it would be irrational for the owner of such a faucet to raise money. If more money is needed, simply get it out of the faucet.
But in fact, it takes capital to convert alpha to dollars! Prodigy is training models and building the machine that generates alpha. Capital allows us to convert alpha to dollars faster and more efficiently, do bigger and better training runs with more compute, conduct more model inference and research, build infrastructure that allows us to do more demanding kinds of trades, and generally grow the pie faster in a win-win way.
So we could recast this question as: “if you have the core of a really profitable business, why raise money?”
You will notice that this is an argument against raising money in general. A business can be profitable today (as Prodigy is) and yet have extraordinarily high-return opportunities in which to invest marginal dollars. If a dollar spent on compute today can create far more than one dollar of long-term business value, then it is much more rational to raise that dollar than to deliberately grow more slowly to avoid fundraising.
That brings us to our second question: why raise from YC in particular?
Prodigy can build and grow much faster with more compute, and raising equity capital gives us the flexibility to do that. We could have raised outside of YC, but YC offers us things like access to incredibly ambitious founders, partners who know an enormous amount about building companies, and many other resources from which we have already derived a huge amount of value.
We’re heads-down building right now, and we’re super excited about scaling quant trading beyond human limits.
foundersprodigy.markets
realProdigyCorp
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Our launch has made the rounds and produced a lot of discourse. Much of it is around a few particular questions: if you have alpha, why raise money at all? and why do YC in particular? I’ll tackle these in order.
First, why raise money at all if you have alpha?
The short answer is that we are raising money for the same reason any business raises money.
There is a lot of what I would call “magical thinking” about trading. Many people have a mental model where a profitable trading strategy is like a magic faucet. You turn it on and unlimited money comes out, simple as. If this were the case, it would be irrational for the owner of such a faucet to raise money. If more money is needed, simply get it out of the faucet.
But in fact, it takes capital to convert alpha to dollars! Prodigy is training models and building the machine that generates alpha. Capital allows us to convert alpha to dollars faster and more efficiently, do bigger and better training runs with more compute, conduct more model inference and research, build infrastructure that allows us to do more demanding kinds of trades, and generally grow the pie faster in a win-win way.
So we could recast this question as: “if you have the core of a really profitable business, why raise money?”
You will notice that this is an argument against raising money in general. A business can be profitable today (as Prodigy is) and yet have extraordinarily high-return opportunities in which to invest marginal dollars. If a dollar spent on compute today can create far more than one dollar of long-term business value, then it is much more rational to raise that dollar than to deliberately grow more slowly to avoid fundraising.
That brings us to our second question: why raise from YC in particular?
Prodigy can build and grow much faster with more compute, and raising equity capital gives us the flexibility to do that. We could have raised outside of YC, but YC offers us things like access to incredibly ambitious founders, partners who know an enormous amount about building companies, and many other resources from which we have already derived a huge amount of value.
We’re heads-down building right now, and we’re super excited about scaling quant trading beyond human limits.
foundersprodigy.markets
realProdigyCorp
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So Anthropic scraped the entire internet to train Claude, yet somehow completely omitted the parts where the CEO's wife ran a porn startup, married a man over 40 years older and pitched her app to Jeffrey Epstein. Peak AI alignment right there
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BREAKING: Tesla stock, $TSLA, extends gains to over +3% on the day on reports that the company is nearing the unveiling of a “flying” Roadster
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BREAKING: FELONY CHARGES FILED and ARREST MADE against the America-hating vandal who spray painted and dumped chemicals on DC's WWII memorial — US Attorney Jeanine Pirro
Melissa L. Farris now faces up to a DECADE in prison
Maximum FAFO is required here! LOCK HER UP.
PIRRO: "Vandalizing our World War II Memorial is a despicable attack on a sacred monument honoring the Americans who fought and died for our freedom. Those Americans include my father and grandfather.
This morning, we are filing two felony charges, Depredation Against Property of the United States and Destruction of Veterans' Memorials, in Federal District Court against Melissa L. Farris, offenses that carry penalties of up to ten years in prison. She is now in custody."
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Melissa L. Farris now faces up to a DECADE in prison
Maximum FAFO is required here! LOCK HER UP.
PIRRO: "Vandalizing our World War II Memorial is a despicable attack on a sacred monument honoring the Americans who fought and died for our freedom. Those Americans include my father and grandfather.
This morning, we are filing two felony charges, Depredation Against Property of the United States and Destruction of Veterans' Memorials, in Federal District Court against Melissa L. Farris, offenses that carry penalties of up to ten years in prison. She is now in custody."
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“Everybody’s profiting.” -Trump
Except the people who bought his coins...
Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98%
$MELANIA meme coin: -99%
Perhaps the most blatant example of corruption in the history of American politics.
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Except the people who bought his coins...
Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98%
$MELANIA meme coin: -99%
Perhaps the most blatant example of corruption in the history of American politics.
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Luigi Mangione pleaded guilty today to federal stalking charges resulting in the death of UnitedHealthcare CEO Brian Thompson.
The federal murder charge that carried a potential death penalty was dismissed earlier this year.
The remaining charges carry a maximum of life without parole.
New York state murder charges remain separate for now.
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The federal murder charge that carried a potential death penalty was dismissed earlier this year.
The remaining charges carry a maximum of life without parole.
New York state murder charges remain separate for now.
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How many illegals entered the country under the Biden/Harris administration?
Perception: "Very Liberal" and "Liberal" Americans estimated that about 3.77 and 4.14 million illegals entered.
Reality: ~10 million
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Perception: "Very Liberal" and "Liberal" Americans estimated that about 3.77 and 4.14 million illegals entered.
Reality: ~10 million
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ETH/BTC is breaking out from a 4-year downtrend on the Monthly chart.
Altcoin trend reversal coming?
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Altcoin trend reversal coming?
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The US job market is losing workers at an alarming pace:
The US labor force participation rate fell -0.1 percentage point in July, to 61.4%, the lowest since May 2020.
This metric measures the proportion of working-age Americans either employed or actively looking for work.
Excluding the 2020 pandemic, this is the lowest reading since March 1976.
The decrease also marks the 7th monthly decline over the last 8 months, bringing the cumulative drop to -1.1 percentage points.
This comes as -264,000 people left the labor force in July, following June's -720,000 decline, the 2nd-largest monthly decline since 2020.
Since November, the US labor force has shrunk by more than -2.4 million workers.
The US job market is much weaker under the surface than the headline data suggests.
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The US labor force participation rate fell -0.1 percentage point in July, to 61.4%, the lowest since May 2020.
This metric measures the proportion of working-age Americans either employed or actively looking for work.
Excluding the 2020 pandemic, this is the lowest reading since March 1976.
The decrease also marks the 7th monthly decline over the last 8 months, bringing the cumulative drop to -1.1 percentage points.
This comes as -264,000 people left the labor force in July, following June's -720,000 decline, the 2nd-largest monthly decline since 2020.
Since November, the US labor force has shrunk by more than -2.4 million workers.
The US job market is much weaker under the surface than the headline data suggests.
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"dario amodei's wife, who is also anthropic's informal adviser, and apparently got most of her information scrubbed from the internet (?), tried to raise money from jeffrey epstein after he was already convicted of soliciting minor prostitution for a luxury porn company named after her grandma"
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