AI companies are raising at valuations that require them to grow at rates that are only achievable by chasing the broadest possible market with the most generic possible product.
A company that raises at a $500M valuation needs to show a path to billions in revenue,
which means it can't afford to be a niche tool that does one thing brilliantly for a specific audience.
It has to be a platform, horizontal, aimed at enterprise, built for no one in particular.
Ever…
'Eingefrorene Bewegung' #FotoVorschlag 'Frozen Movement'
Ah I almost didn't want to post a photo for this topic until this photo came to my mind. And it's a frozen motion even literally... right?
More about this day:
The non-exodus of California billionaires
The media says they’re fleeing a wealth tax. Except, they’re not.
Nary a day has passed of late that hasn’t seen stories about the billionaires’ flight from California, lest they be subjected to a proposed wealth tax that hasn’t yet gathered the required signatures to qualify for the ballot. The fact that there is no billionaires’ flight from California hasn’t impeded the flow of such tales.
https://americanprospect.bluelena.io/index.php?action=social&chash=28f7241796510e838db4a1384ae1279d.3942&s=a25f328e944fec8e9462e7b6d554a892
Source: SpaceX is aiming to file its IPO prospectus with regulators later this week or next week, and could try to raise more than $75B (The Information)
https://www.theinformation.com/articles/spacex-aims-file-ipo-soon-week
My neighbor took this picture of our shared backyard last night.
#NYC #snowmaggedon2026 #Queens
State Representative James Talarico, and his recent interview on The Late Show with Stephen Colbert:
CBS said it did not block the interview from airing, but provided legal guidance that broadcasting it could trigger the Federal Communications Commission’s equal-time rule.
Colbert’s show instead posted the interview on YouTube.
When CBS Austin asked about Talarico announcing he's raised $2.5 million in the 24 hours following the interview, Jasmine Crockett said,
“I …
The UK plans to update the Media Act 2024 to bring streaming platforms with 500K users under "enhanced" Ofcom regulation, giving it power to investigate them (K.J. Yossman/Variety)
https://variety.com/2026/tv/global/netfl…
A three-judge panel has denied a filing by California’s attorney general, Rob Bonta,
seeking a court order to stop the Riverside county sheriff’s department from continuing its recount of ballots from the November 2025 special election.
The LA Times reported that Bonta filed a petition with the fourth appellate district on Monday,
writing that “the sheriff’s misguided investigation threatens to sow distrust and jeopardize public confidence” in upcoming elections.
On T…
The Department of Homeland Security has ordered immigration officers to gather identifying information about anyone filming them and to “send that information to Intel who will do a ‘work-up’ on them,” a federal law enforcement official directly involved tells me.
“Meaning, trying to identify them via social media, running their license plates if available, and running a criminal history check,” the official explained.
The directive is part of a sweeping, nationwide effort by U.S…