LESS & LESS POD
Jessica and I did a 1:1 for this week’s pod. We talk ‘it’s valuable because it is valuable’ … Benchmarking Cursor’s acquisition vs. WhatsApp… The Brilliance of the ‘Fable’ Marketing by Anthropic… Corporate Narratives & why Elon is so good at what he actually does as a Marketer, Financier, and Recruiter (whether intentionally or just intuitively) … and why after pitching Digital Ocean for 8 months I still don’t own the stock (because I am terrible at public markets). What is going to re-rate as an AI company next?! Also why the next great economics PHDs are all going to be about AI tokenomics / how lost we currently are.
HOT TAKES
- Congrats to Teamshares (TMS) for getting listed on the NASDAQ … this is the first from-zero / first institutional seed investment I made that has ended up publicly listed (set aside all the crypto stuff). I made mike brown promise I could stand next to him at the bell ringing years ago, but then was otherwise indisposed on the day — kinda the right way to celebrate a company of yours going public as a seed investor who is allergic to boards TBH.
- Special Edition More or Less with Mike Brown of Teamshares— recorded this on the eve of going public with Mike / recounting the journey to this point and the road ahead
- Elon The Best Marketer & Financier of the Generation — it turns out if you want to do WELL become an engineer, if you want to do the best — stick with liberal arts & soft skills…
- In The Weights.com — Joey Flynn’s company which I also backed from seed sadly got sold to OpenAI years ago rather than getting public… but then again he is still making fun stuff like this :)
- Fable... it is literally called Fable — what a GREAT story. Incredible marketing… if you just look at this as wars of narratives / and the WWE theory of government relations… these Anthropic guys continue to be on another level.
- Mini-Construction Kits — I have always wanted to mess with concrete but never had the chance… so kinda into this — We all know kickstarter almost never delivers anything, but the videos keep getting better… and hope springs eternal :)
Happy Father’s Day,
Sam
P.S. I finally get why fishing is cool (with your kids)... next up golf I guess..