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Hypercapitalism and the AI talent wars

news.ycombinator.com John Luttig 2025-07-28 10:09:34

Meta’s multi-hundred million dollar comp offers and Google’s multi-billion dollar Character AI and Windsurf deals signal that we are in a crazy AI talent bubble. The talent mania could fizzle out as the winners and losers of the AI war emerge, but it represents a new normal for the foreseeable future. If the top 1% of companies drive the majority of VC returns, why shouldn’t the same apply to talent? Our natural egalitarian bias makes this unpalatable to accept, but the 10x engineer meme doesn’

Topics: ai companies company investors talent
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Medium’s CEO explains what it took to stop losing $2.6M monthly

techcrunch.com Sarah Perez 2025-07-29 15:32:53

Medium CEO Tony Stubblebine announced on Friday that the publishing platform has remained profitable since August of last year, when it first achieved this milestone. In a post, Stubblebine detailed what it took to achieve this goal, which involved a combination of product changes, an investor restructuring, renegotiated loans, unloading office space, layoffs, and other difficult cost-cutting measures. His post offers a deep dive into what it takes for a startup to achieve a turnaround and the

Topics: company investor investors medium stubblebine
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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts

cnbc.com Tanaya Macheel 2025-07-31 19:32:05

Bitcoin climbed to new all-time high on Thursday, building on its previous record reached just a day earlier, as investors jumped into risk assets and liquidated short positions. The price of the flagship cryptocurrency was last higher by more than 2% at $113,766.74. Earlier, it rose as high as $113,863.18. Over the past 24 hours, $318 million in short liquidations across centralized exchanges, according to CoinGlass. When traders use leverage to short bitcoin and the cryptocurrency's price ri

Topics: bitcoin investors positions price short
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Tesla loses $68 billion in value after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2025-08-07 11:05:31

Now the tech billionaire's reinvolvement in the political arena is making investors nervous. The billionaire's involvement in politics has been a point of contention for investors. Musk earlier this year was instrumental in the so-called Department of Government Efficiency and worked closely with President Donald Trump — a move seen as potentially hurting Tesla's brand . Musk said Saturday that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to

Topics: investors musk political tesla trump
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The Chinese EV Carmaker That Is Quietly Crushing Tesla

gizmodo.com Luc Olinga 2025-08-07 17:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

Topics: byd investors market musk tesla
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Tesla Is Losing the EV War to Chinese Carmakers

gizmodo.com Luc Olinga 2025-08-08 03:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

Topics: byd investors market musk tesla
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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2025-08-09 01:58:01

White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Tesla shares fell in premarket trade on Monday after CEO Elon Musk announced plans to form a new political party. The stock was down 7.13% by 4:27 a.m. E.T. Musk said over the weekend that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to 10 House distric

Topics: investors musk political tesla trump
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At least 36 new tech unicorns were minted in 2025 so far

techcrunch.com Dominic-Madori Davis 2025-08-08 20:47:34

With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site Kalshi. This list will be updated throughout the year, so check back and see the latest powerhouse startups who are now w

Topics: billion company investors million raised
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OpenAI disavows online broker Robinhood's sale of 'OpenAI tokens'

engadget.com Unknown 2025-08-13 03:00:33

'We did not partner with Robinhood, were not involved in this and do not endorse it.' OpenAI has condemned online brokerage firm Robinhood's sale of "OpenAI tokens," saying they will not give consumers stock in the company. "We did not partner with Robinhood, were not involved in this, and do not endorse it," the company said in a post on X, adding that the tokens are not equity and that it did not give approval for any transfer. The statement addresses a recent move by Robinhood to provide Eu

Topics: investors openai private robinhood tokens
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Trump’s prospective TikTok buyer reportedly includes Oracle, Blackstone, a16z

techcrunch.com Amanda Silberling 2025-08-17 07:50:02

In Brief After pushing the TikTok sale date back yet again, President Donald Trump said in an interview on Sunday that he had found a potential buyer for the ByteDance-owned platform. Though the president said he will not reveal the identities of the buyers for another couple of weeks, Bloomberg is reporting that the buyer is a group of investors from Oracle, Blackstone, and VC firm Andreessen Horowitz (a16z). According to the report, these investors had made a bid, but it lost momentum amid t

Topics: buyer investors oracle president tiktok
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Group of investors represented by YouTuber Perifractic buys Commodore

news.ycombinator.com Unknown 2025-08-19 23:52:24

28.Jun.2025 (ANF) Group of investors represented by Youtuber Perifractic buys Commodore Three weeks ago, Youtuber Christian 'Perifractic' Simpson announced in a video that he had received an offer to take over Commodore B.V., the owner of the remaining Commodore trademark rights. In a second video published today he now announces the completed takeover: A group of unnamed angel investors has acquired the company for a low seven-figure sum. He himself is now the acting CEO, but the purch

Topics: commodore company investors simpson video
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The Business of Betting on Catastrophe

news.ycombinator.com The Mit Press Reader 2025-08-20 21:04:26

The Business of Betting on Catastrophe World Bank pandemic bonds paid out only after death tolls passed a threshold. They’re part of a booming market where investors turn calamity into capital. Adobe Stock/MITP Reader By: Susan Erikson A↑ A↓ Off Bright Dark Blues Gray BeeLine Reader uses subtle color gradients to help you read more efficiently. The pandemic bonds — a financial device made up by one of the world’s most powerful institutions, the World Bank — can seem like a great idea f

Topics: ils insurance investors pandemic risk
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Blockchain-driven platform to mimic stock trading, allowing users to buy shares of SpaceX, other hot private companies

cnbc.com Tanaya Macheel 2025-08-26 11:33:26

Republic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a "tokenized" representation of its shares. The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as well as Stripe, X, Waymo, Epic Games and more. The Wall Street Journal first reported the story Wednesday. "We're talking about delivering products to retail investo

Topics: crypto investors private republic retail
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Spotify's Daniel Ek leads $694 million investment in defense startup Helsing

cnbc.com Ryan Browne 2025-09-09 11:41:59

Helsing uses AI to analyze large amounts of sensor and weapons system data from the battlefield. European defense technology startup Helsing on Tuesday said that it's raised 600 million euros ($693.6 million) in a bumper new round of funding. The investment was led by Prima Materia, the venture capital firm founded by Spotify CEO Daniel Ek and by Shakil Khan, an early investor in the popular music streaming app. Ek is also chairman of Helsing. Existing investors Lightspeed Venture Partners, A

Topics: defense funding helsing investors venture
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Shaquille O'Neal settles long-running FTX investor lawsuit for $1.8 million

techspot.com Rob Thubron 2025-09-16 12:15:00

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust What just happened? Shaquille O'Neal's long-running legal issues over his promotion of the now-bankrupt crypto exchange FTX appear to have ended. The former NBA star has agreed to pay $1.8 million to settle claims that he misled investors. In November 2022, a class action lawsuit was launched by investor Edwin Garrison against FTX founder Sam Bankman-Fried, claiming he misled customers and cost inv

Topics: celebrities claims ftx investors neal
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