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Dive into our YouTube video comparing the Yaesu FTX-1 Field and FTX-1 Optima radios, unveiled at Dayton Hamvention 2025! Explore the compact FTX-1 Field, a 6W QRP SDR transceiver perfect for portable SOTA/POTA with a 6400mAh battery, versus the FTX-1 Optima, a 100W powerhouse with a built-in tuner for base station and field use. Discover their SDR technology, dual-band C4FM, and 4.3" touchscreen features. Which is right for your ham radio adventures? Watch now! #YaesuFTX1 #HamRadioToday's video is sponsored by M&P Coax - save 10% on all products with code HR2CABLES at this link - https://www.gigaparts.com/nsearch/?lp=HR2CABLES#?lp=HR2CABLES&res_per_page=60&Brand=Messi+and+Paoloni&search_return=allYaesu FTX-1 Radios - https://hr2.li/8a5vhBecome a supporter of this podcast: https://www.spreaker.com/podcast/ham-radio-2-0--2042782/support.
This is one of our favorite conversations from the last year. On the surface, it's an interview we did with Michael Lewis to coincide with the paperback release of Going Infinite, his book about Sam Bankman-Fried and the collapse of FTX. Michael, who spent months hovering over Sam's shoulder, believes he wasn't some malevolent grifter: he was an awkward kid undone by a “pathological ability to foist risk upon other people without asking their permission." But what we love about this episode is that it's not only about the rise and fall of Sam Bankman-Fried. It's also about Michael's approach to writing — and living. He opens up about losing his daughter, shares what draws him to a story, and explains how taking pleasure in the world produces his best work.
On Episode 5 of The Bitcoin for Corporations Show, Pierre Rochard is joined by Garrett Johnston of Marsh to explore how Bitcoin can radically transform the insurance industry. From the trillions in insurance float to the fiduciary risks of ignoring Bitcoin, this episode uncovers the hidden forces shaping treasury strategy, litigation risk, and D&O coverage in the age of BTC.Garrett breaks down the disconnect between Bitcoin-native firms and traditional insurance carriers, and explains why a failure to adopt Bitcoin may soon be seen as a breach of fiduciary duty. Essential viewing for corporate leaders, CFOs, risk managers, and Bitcoin-aligned executives.Chapters:00:00:00 Fiduciary Duty & Bitcoin 00:04:30 Garrett's Insurance Journey 00:09:00 Bitcoin's Disconnect with Insurance 00:13:30 Institutional Misunderstanding of BTC 00:18:00 Insurance Float & Melting Ice Cubes 00:22:30 Litigation and Inflation Risks 00:27:00 Bitcoin's Role in Corporate Risk 00:31:30 Misconceptions about BTC & FTX 00:36:00 MicroStrategy's Legal Landscape00:40:30 Future of Governance & Communication
Call Her Daddy Alex Cooper's abuse claims questioned, WATP Karl with Stuttering John & Woke Dad cringe, Trump warns Iran, R. Kelly's prison overdose, The Beach Boys abused Jan & Dean, and lesbians assaulted by a fart. Meghan Markle appeared on another podcast and remains annoying and elitist. A lesbian vs a fart… who ya got? A hangry 69-year-old was gunned down at In-N-Out Burger. Donald Trump issues a warning to Iran. He totally bailed on the G7 summit. New York Mayoral candidate Brad Lander vs I.C.E. This is great news for his candidacy. My Pillow Mike Lindell loses in court and owes $2.3M. The NAACP hates Donald Trump. The Sunset Strip is a dud now. R. Kelly overdosed on his own meds in prison. He claims people are trying to kill him. The jury in the Diddy trial had a movie day. Their choice of film: Freak Off Videos. Karen Read trial will thankfully conclude soon. Conor McGregor is beating on people in night clubs. Antonio Brown is in hiding, but Tweeting his ass off. OKC takes the lead in the NBA Finals over the Indiana Pacers. Shaq settles his FTX case, Tom Brady and others are fighting it. Karl Hamburger of WATP drops by to promote the upcoming live show at The Magic Bag, Stuttering John back in the spotlight, rip apart Alex Cooper's latest endeavor with Hulu, slam Paris Hilton in the process, push more Woke Dad at us and more. US Homeland Security Secretary Kristi Noem rushed to the hospital. Arnold Schwarzenegger didn't give Joy Behar the answer she wanted. Matthew Perry's doctor is screwed. Barbara Streisand can't remember nailing Warren Beatty. Just so you know, the little girl from Modern Family is bisexual. 3 nepo-babies releasing a song soon. Dhani Harrison gets snubbed. The Rolling Stones are looking to make another album. Jack White dropped a new video. Valerie Bertinelli won't go away. Jimmy Swaggart is going to die soon. The Beach Boys once hosted Jan & Dean to monstrous results. If you'd like to help support the show… consider subscribing to our YouTube Channel, Facebook, Instagram and Twitter (Drew Lane, Marc Fellhauer, Trudi Daniels, Jim Bentley and BranDon).
Scott and Jacob discuss the early returns from the first-of-its-kind Club World Cup, including how DAZN intends to make back the $1 billion it spent on streaming rights while airing games for free. The hosts also break down Shaquille O'Neal paying FTX customers $1.8 million in a legal settlement—and whether MLB players would be better spokespeople for weight-loss or weight-gain programs. Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's Rated R Safety Show—broadcast live from Safety FM Orlando on Monday, June 16, 2025—your host returns after a week in Mexico to catch up on global events and dive into the full-throttled multiverse that is modern media coverage. From scorching developments in the Israel–Iran conflict to high-stakes celebrity controversies (courtesy of FTX fallout and Antonio Brown's legal troubles), this episode doesn't hold back on context or commentary.We unpack the bizarre—North Korea's photo-editing antics, a sperm‑donor-turned‑retiree splashed across tabloids, and the Catholic Church preparing to canonize its first millennial saint—as well as crucial workplace themes: how politics, stress, and mental health converge in real conversations at the water cooler. With concise breakdowns of financial market dips, gas and crypto trends, and box‑office standings, there's more than enough ammo to spark thoughtful dialogue among colleagues, friends, and maybe even strangers in line at the grocery store.If you've ever wondered how safety intersects with culture, money, mental well‑being, and current affairs, this raw and unfiltered episode forces us to ask the hard questions—what are we really talking about? And where? Because keeping people safe isn't just about protocols—it's about having the conversations that most avoid.Music License: Artist: Saints of Valory Track: “RATTLE MY CAGE” License #: 9875675785
ハムのラジオ第650回の配信です。 (2025/6/15 ラジオ成田から放送) 特集「話題沸騰、FTX-1」をお送りします。 昨年のハムフェアで発表され、いつ発売かと、首を長くして待っておりましたが デイトンハムベンショ […]
Lucas Nuzzi is a Brazilian-born blockchain analytics expert and data scientist. In November 2022, his on-chain analytical sleuthing gave the world, for the first time, a complete picture of the fraud that had been occurring between FTX and Alameda Research - entities that were both controlled by Sam Bankman-Fried.Lucas and host Aaron Stanley go behind the scenes of his groundbreaking research that revealed $4 billion in commingled funds between FTX and Alameda, providing the first public evidence of systematic fraud. From receiving hundreds of desperate messages from FTX users to working with prosecutors, Lucas shares the personal toll of being on the front lines during crypto's darkest hour. We explore how traditional due diligence failed, why proof of reserves could prevent future collapses, and the lessons learned from SBF's spectacular fall You can follow Lucas on X/Twitter____________________________________________________________Brazil Crypto Report is presented by AveniaIf you're building a wallet, a crypto consumer app, or a global payment platform, Avenia is your bridge to Latin America. Instantly connect to PIX, SPEI, and CBU using stablecoins — with one API. No banks. No FX desks. No SWIFT. Move money globally, with full compliance and real-time settlement. Learn more at avenia.io------------------------------------------------------------------For editorial and sponsorship inquiries: aaron@activomedia.ai#brazil #web3 #crypto #blockchain #bitcoin #ethereum #fintech #latam #defi #onchain #regulation #cryptonews #stablecoins #tokenization
SummaryCreative technologist and ATX DAO member Jenaro joins the podcast for a free-flowing roundtable on what it really takes to build in Web3. With over 25 years of experience across digital design, UX, and creative development, Jenaro shares his journey from early web projects to leading ATX DAO's pitch competitions and branding efforts. The crew dives into how Web3 tooling is changing who gets to build, why Austin remains a hub for innovation, and what makes a DAO feel like a true community.From reflections on post-FTX resilience to the behind-the-scenes effort of launching large-scale events, this episode blends storytelling, strategy, and startup humor. Jenaro also breaks down his first hackathon experience and the evolving role of AI in prototyping and creative work. If you're interested in grassroots tech, collaborative culture, or just want to know what makes the ATX DAO ecosystem tick, this one's for you.Chapters00:00 Revolutionizing Education Through Technology04:17 The Evolution of Creative Technologies09:35 Building Community and Networking in the DAO20:38 Welcoming New Members to the DAO27:47 Insights from the Hackathon Experience34:30 Innovative Ideas for Future Competitions40:30 The Future of Technology and CreativityConnect with Jenaro:X (Twitter): @mineroLinkedIn: https://www.linkedin.com/in/jenarodiaz/Check out our friends at Tequila 512:Website: https://www.tequila512.comSocials: X (Twitter) | Instagram | TikTok | FacebookTo learn more about ATX DAO:Check out the ATX DAO websiteFollow @ATXDAO on X (Twitter)Subscribe to our newsletterConnect with us on LinkedInJoin the community in the ATX DAO DiscordConnect with the ATX DAO Podcast team on X (Twitter):Ash: @ashinthewildLuke: @Luke152Support the Podcast:If you enjoyed this episode, please leave us a review and share it with your network.Subscribe for more insights, interviews, and deep dives into the world of Web 3.
Thank you to Ahrefs for sponsoring this episode. Click here to get started with Site Explorer https://ahrefs.com/site-explorer?utm_source=CarolynHolzman&utm_medium=podcast&utm_campaign=partnerships&utm_content=Q2_2025This past week there was a huge uproar within the SEO community and it had to do with Cyrus Shepard's dissection of a wave of reputation management style content posting by Neil Patel for something that happened 11 years. Yeah, THAT Neil Patel.Patel and his companies were served with a civil lawsuit from FTX, a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. [Wikipedia]Are there larger implications for the SEO industry?Does great power come with great responsibility?Do we as a community owe it to ourselves to step up and do something to protect our industry from unethical people within it?What might that be?Find out in this week's episode.Looking for a TOC wordpress plugin that does NOT "confuse" Googlebots. We're close. https://carolynholzman.com/fix-the-canonical-scoring-in-helpful-content/Last week's episode - https://www.confessionsofanseo.com/podcast/whats-mine-is-mine-season-5-episode-22/Mentioned in the show:Cyrus Shepard article - https://zyppy.com/list/ftx-sues-neil-patel/Alan Bleiweiss Linkedin post - https://www.linkedin.com/posts/alanbleiweiss_what-is-neil-hiding-bankrupt-ftx-sues-neil-activity-7335751006787416064-_y8zBBB report - https://www.bbb.org/us/nv/las-vegas/profile/seo-services/neil-patel-1086-90046982Indexation Research - Crawl Or No Crawl ITools that I use and recommend:Indexzilla -https://www.indexzilla.io (indexing service)GSC Tool -https://bit.ly/gsctoolAhrefs - https://ahrefs.com/site-explorer?utm_source=CarolynHolzman&utm_medium=podcast&utm_campaign=partnerships&utm_content=Q2_2025Youtube Channel -Confessions of An SEO®https://g.co/kgs/xXDzBNf -------- Crawl or No Crawl Knowledge panelInterested in supporting this work and any seo testing?Subscribe to Confessions of an SEO® wherever you get your podcasts. Your subscribing and download sends the message that you appreciate what is being shared and helping others find Confessions of an SEO®An easy place to leave a reviewhttps://www.podchaser.com/podcasts/confessions-of-an-seo-1973881You can find me onCarolyn Holzman - LinkedinAmerican Way Media Google DirectlyAmericanWayMedia.com Consulting AgencyNeed Help With an Indexation Issue? - reach out Text me here - 512-222-3132Music from Uppbeathttps://uppbeat.io/t/doug-organ/fugue-stateLicense code: HESHAZ4ZOAUMWTUA
This Day in Legal History: “Have You No Sense of Decency, Sir?”On June 9, 1954, one of the most pivotal moments in American legal and political history unfolded during the Army–McCarthy hearings. The hearings were part of a broader investigation into allegations that Senator Joseph McCarthy and his staff had pressured the U.S. Army for preferential treatment of a former aide. By this time, McCarthy had become infamous for his aggressive campaign against alleged communists in government, using Senate hearings as a stage for accusations often lacking in evidence. His tactics had created a culture of fear and censorship across multiple sectors of American life.The dramatic turning point came when Army chief counsel Joseph Welch confronted McCarthy after the senator attempted to smear a young attorney from Welch's law firm. With millions watching the nationally televised hearing, Welch famously asked, “Have you no sense of decency, sir? At long last, have you left no sense of decency?” The moment drew applause and signaled a critical shift in public sentiment. It crystallized growing discomfort with McCarthy's bullying methods and marked the beginning of his political downfall.The legal significance of this day lies not in a court decision but in the public rejection of demagoguery and the defense of due process and professional ethics. Welch's rebuke helped reassert norms of fairness in legislative proceedings and served as a precedent for reining in congressional overreach. Within months, McCarthy was censured by the Senate, and his influence waned. June 9, 1954, thus stands as a symbolic restoration of institutional decency amid the legal theater of Cold War America.Getty Images has launched a major copyright lawsuit against Stability AI in the UK, accusing the company of using millions of its images without permission to train its AI system, Stable Diffusion. The case, now underway in London's High Court, challenges whether such data use falls within fair use or infringes intellectual property rights. Getty insists the lawsuit is not an attack on AI itself, but a defense of copyright protections, arguing that AI can thrive alongside creators if proper licensing is respected. Stability AI denies any wrongdoing, framing the dispute as a broader debate about innovation and freedom of expression.The legal battle is unfolding amid a global wave of lawsuits over AI training data, as creative industries express concern about the unauthorized use of their work. Getty is also pursuing a parallel case in the United States. Lawyers for Stability AI argue the suit could endanger the entire generative AI industry, but Getty counters that respecting copyright is key to AI's future. The outcome of this case could reshape how copyright law is applied to AI in the UK and potentially influence government policy.One legal element of note is UK copyright's application to machine learning, particularly regarding the "scraping" of protected content. This is significant because the UK lacks a settled precedent on whether using copyrighted data to train AI systems constitutes infringement, especially in the absence of express licensing. This case could establish that precedent.Getty argues its landmark UK copyright case does not threaten AI | ReutersDamian Williams, the former U.S. Attorney for the Southern District of New York, has left Paul Weiss just months after joining the firm to move to Jenner & Block. His departure comes as Paul Weiss faces scrutiny for striking a controversial deal with the Trump administration in March, agreeing to provide $40 million in pro bono legal services in exchange for rescinding an executive order targeting the firm. Jenner & Block, in contrast, opposed the same Trump-era executive order in court and recently secured a permanent ruling against it.Williams will now co-chair Jenner's litigation and investigations practice. During his time as U.S. Attorney, he led major prosecutions including those of FTX founder Sam Bankman-Fried and Senator Bob Menendez. In a statement, Williams praised Jenner's fearless advocacy and strategic counsel. Jenner did not mention its legal fight against Trump or Paul Weiss's agreement in its announcement.Paul Weiss has seen several other high-profile departures in recent months, including five partners who left to start a new firm and the head of its pro bono practice, who left to work on housing advocacy. The Trump-related agreement has sparked debate within the legal community, with some praising it as pragmatic and others criticizing it as compromising firm independence.Former Manhattan US attorney leaves Paul Weiss for law firm fighting Trump | ReutersA federal judge has given final approval to a groundbreaking $2.8 billion antitrust settlement between the NCAA, its Power Five conferences, and student-athletes, allowing for direct payments to college athletes for the first time. Judge Claudia Wilken ruled that the deal, which also resolves ongoing litigation over name, image, and likeness (NIL) rights, was fair and served pro-competitive purposes despite concerns raised over team roster limits and compensation caps. As part of the agreement, schools can begin sharing up to 22% of their athletic revenue—around $20 million annually per Power Five school—with athletes as soon as this summer.The deal includes $2.75 billion in back payments over 10 years to Division I athletes who played from 2016 onward. Some athletes had objected, citing unfair pay practices, gender inequities, and a lack of input from future players. Wilken responded by approving revisions that exempt some athletes from roster limits and clarified that future athletes can object to the settlement before being bound by it. Less than 0.1% of nearly 390,000 class members formally objected.While this decision marks a shift toward a new financial model in college sports, litigation will continue. Former athletes not covered by this deal are still pursuing claims, and broader legal fights remain over whether athletes should be considered employees. NCAA President Charlie Baker emphasized the deal as a stabilizing step amid ongoing legal and political challenges, including state-level competition over NIL rules.NCAA Wins Final Approval of $2.8 Billion Player-Pay Deal (2) This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Trump–Elon “Breakup”: The show kicks off with the high-profile political and cultural split between Donald Trump and Elon Musk. The hosts speculate whether the split was coordinated to help Elon politically, and explore what it says about naive techno-optimism in politics versus the hard constraints of monetary and fiscal reality.“Nothing Stops This Train” Theme: Echoing Lynn Alden and Luke Gromen, the crew reaffirms that the U.S. fiscal path is locked into deficit and debt expansion. Cutting entitlements or defense is politically impossible, and the only off-ramp might be a miraculous AI-driven productivity boom—which is unlikely to come fast enough.Bitcoin as the Hedge: Elon's blind spot may be failing to recognize that broken money, not governance inefficiency, is the core problem. The team discusses how Bitcoin fits as the solution—an asset to protect against monetary debasement and fiscal irresponsibility.Bitcoin Treasury Companies: A major segment explores the rise of corporate entities accumulating Bitcoin via debt and equity markets. The panel rebuts concerns that this resembles the ICO mania of 2017, arguing that debt levels are low, strategies are sound, and this trend is still early.AI and The Fourth Turning: Brady and the team expand on the societal impact of rapid technological change, combining AI, institutional decline, and Bitcoin adoption into a transformative fourth turning moment.Swan Private and Client Stories: They wrap with a heartfelt story about helping a client stay convicted during the FTX collapse, illustrating Swan Private's mission of hands-on, relationship-driven Bitcoin education and wealth preservation. Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private. Put Bitcoin into your IRA and own your future. Check out swan.com/ira.Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.
What do you get when you mix a web that remembers everything with software that can mine the depths of that everything to draw a frighteningly accurate picture of everyone, everywhere, all the time? You get what we're all going to get with the Trump administration using Peter Thiel's Palantir platform to create meta-files on every American citizen and very likely a lot of non-American citizens. This move comes after months of allowing ex-POTUS darling Elon Musk's DOGE pillage federal databases that were once considered sacred for the personal files of American citizens and files relating to government activities. Musk, who recently fell out of favor with Trump over something to do with a fist fight, a lot of drugs, and the deputy chief-of-staff's wife, wrote that, "without me Trump would have lost the election". More to come no doubt.Meanwhile, Neil Patel's NP Digital is being sued by FTX, the crypto-scheme that made Sam Bankman-Fried infamous. Among a number of other accusations, FTX suggests NP Digital was selling them the same services it sold similar services to other business for 12X less than it charged FTX. Google notes it is seeing more searches using AI, Reddit is suing Anthropic for training on Redditor data, Amazon wants to go robot, X disallows AI models from training on X user content, Google says Gemini 2.5 Pro codes, and we discuss the Great Decoupling of clicks and impressions, and much much more. Support this podcast at — https://redcircle.com/webcology/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
David Chee (@Hs_SirSalty) is the head organizer of Manifest. Before joining Manifold, he was a professional gamer, earning a number 1 ranking in the world at Hearthstone. David and Pratik (@pjchougule) discuss lessons from the gaming community on how to grow prediction markets. They also promote Manifest 2025. Timestamps 1:26: Number of Hearthstone players 2:50: Manifest 2025 3:24: Intro ends 5:24: Interview with Chee begins 5:43: Chee's titles 6:06: Chee's background 7:26: Twitch 8:45: Gaming 14:32: Gaming and gambling 17:31: Chee's introduction to forecasting 20:53: How Chee built a Twitch following 22:46: Size of gaming community 27:28: Growth potential of prediction markets 37:39: Motivation in gaming vs. prediction markets 47:08: Manifest 2025 53:03: Lighthaven 53:39: Talks at Manifest 56:33: Early adopters in forecasting scene 57:58: Chee's hard sell on Manifest 59:52: Berkeley 1:01:34: Where to find Chee Follow Star Spangled Gamblers on Twitter/X @ssgamblers Register for Manifest 2025 at Manifest.is Manifest 2025 is sponsored by Polymarket, the world's largest prediction market.
Today's blockchain and crypto news Uphold teases XRP yield and relaunching crypto debit card in US BitGo and Kraken begin distributing $5 billion in former FTX user payouts BitMEX thwarts supposed Lazarus attack Sui community passes governance vote to recover stolen Cetus funds Learn more about your ad choices. Visit megaphone.fm/adchoices
Lex chats with Stani Kulechov - founder and CEO of Aave, a leading decentralized finance (DeFi) protocol. They explore the evolution of DeFi, Aave's growth, and its architectural shift from a peer-to-peer model to pooled liquidity. Stani reflects on the early days of DeFi, the impact of the FTX collapse, and the increasing adoption of DeFi over centralized exchanges. They discuss Aave's strategies for attracting assets, the importance of capital efficiency, and future innovations, including the tokenization of real-world assets and the role of stablecoins. Notable discussion points: 1. Aave Reaches $40 Billion in Net Deposits: Stani Kulechov shared that Aave has achieved a record-breaking $40 billion in net deposits and $25 billion in active liquidity, making it the largest DeFi lending protocol ever by total value locked (TVL). 2. DeFi's Evolution from Peer-to-Peer to Liquidity Hubs: The conversation detailed Aave's architectural shift from early peer-to-peer lending models to pooled liquidity and now to a hub-and-spoke model with Aave V4 — designed to balance capital efficiency and risk segregation for both native crypto and real-world assets (RWAs). 3. The Rise of Real-World Assets and Stablecoins in DeFi: Kulechov emphasized that tokenized real-world assets (like treasuries) and decentralized stablecoins (such as Aave's GHO) are reshaping the DeFi landscape, predicting RWAs will outgrow both stablecoins and native crypto assets in total value locked within five years. MENTIONED IN THE CONVERSATION Topics: Aave, Lens Protocol, GHO, Horizon, FTX, Project Guardian, AaveDAO, MakerDAO, Web3, DeFi, Lending, stablecoins, tokens, RWA, decentralized finance, capital markets, DAO, Digital Assets ABOUT THE FINTECH BLUEPRINT
Web3 Academy: Exploring Utility In NFTs, DAOs, Crypto & The Metaverse
In today's episode, Coinbase's Head of Research David Duong joins us to break down why Bitcoin is emerging as the ultimate macro asset in a world of trade wars, fiscal fireworks, and corporate treasury revolutions. From $5B in FTX repayments hitting the market to nation-states eyeing BTC as a strategic reserve, we dig into the biggest forces shaping the next phase of the crypto cycle.~~~~~⛓️ Swap seamlessly across Ethereum and Solana with Milk Road Swap. Lower fees, easier trades: https://swap.milkroad.com/?utm_medium=audio&utm_source=podcast_organic
In this episode, Andreas Munk Holm sits down with Nebular GP Finn Murphy. From launching Nebular after FTX's collapse to backing AI, data centers in space, and fossil startups, Finn shares the unpredictable and highly personal journey of building a fund from scratch. A manifesto for curiosity-led investing emerges, as does a bold vision for reshaping European venture and policy.Here's what's covered:01:25 Leaving Frontline, Launching Nebular, and Solo GP Life03:45 Fund One in the Nuclear Winter of VC Fundraising06:30 A Thesis of Curiosity: No Theme, Just Timing, Talent & Tails09:50 From Healthcare Ops to AI Teddy Bears to Fossil Markets16:10 Strategy Drift, Authenticity, and Embracing the Unknown18:30 Being a Solo GP Without Being Alone21:00 How Long Can You Be Great? A Venture Career as Athletic Peak27:30 Europe vs. US: Talent, Incentives, and Risk Appetite35:40 Project Europe, EU Inc & Why Attitude Is the Real Bottleneck44:00 Yes, Tech Should Get Political
Show Notes (contains affiliate links): Leah Justifies the FTX-1, Shocking. On this week's episode of Ham Radio Crash Course, a podcast roughly based on amateur radio but mostly made up of responding to emails from listeners, hosted by Josh Nass - KI6NAZ and his reluctant wife, Leah - KN6NWZ, we talk about Palm Radio Keys, the Yaesu FTX-1, and the San Diego plane crash. Announcements: HRCC Net - https://hrcc.link. Gigaparts Link (get 10% with code JOSH) - https://www.gigaparts.com/nsearch/?lp=JOSH The HRCC Coffee Club coffee is delicious! https://hamtactical.coffee/shop Ham Radio Minute: Palm Radio Keys. Ham Radio Test Study with Leah - Extra Exam HamStudy: https://hamstudy.org Support by getting something from Signal Stuff: https://signalstuff.com/?ref=622 Gordon West Ham Radio Test Prep Books with HRCC Links -Technician: https://amzn.to/3AVHGU1 -General: https://amzn.to/4ehQ5zz -Extra: https://amzn.to/4efCqJ2 Free Fastrack to Your Ham Radio License Books on Audible (for new to Audible readers): https://www.amazon.com/hz/audible/mlp/membership/premiumplus?tag=hrccpodcast-20 Join the conversation by leaving a review on Apple Podcast for Ham Radio Crash Course podcast at https://podcasts.apple.com/us/podcast/ham-radio-crash-course/id1400794852 and/or emailing Leah@hamtactical.com. Leaving a review wherever you listen to podcasts will help Ham Radio Crash Course reach more hams and future hams and we appreciate it! Show Topic: Yaesu FTX-1 Hog Wild in the Salted Ham Cellar. Preparedness Corner - San Diego Plane Crash https://www.cbs8.com/article/news/special-reports/passengers-killed-san-diego-plane-crash-federal-investigators/509-60638bd5-e02f-4bee-ab31-96a5f8e72272 https://aviation.stackexchange.com/questions/96955/how-can-citizens-assist-at-an-aircraft-crash-site Email Correspondent's Tower: We answer emails with ham radio questions, comments on previous podcasts, T-shirt suggestions and everything in between. Links mentioned in the ECT: Doug's youtube channel - http://www.youtube.com/@kb8m203 Charlie's E Track Trailer recommendation - https://www.youtube.com/watch?v=uJK2HtqrzRw&t=306s&authuser=1 HRCC Movie Club Voted and suggested movies here - https://poll.ly/N7Jt2ACU1Epz5PSJmknw CJ's Nifty List of HRCC Movie Club movies here - https://letterboxd.com/roguefoam/list/ham-radio-crash-course-podcast-movie-club/ The 5th Wave 10/30 War of the Worlds (2005) 10.5/30 Hitchhiker's Guide To The Galaxy 11/30 Maximum Overdrive 11/30 The Tomorrow War 11/30 On The Beach (1959) 12/30 The Postman 12/30 Soylent Green 12/30 World War Z 12/30 Waterworld 13/30 San Andreas 13/30 Airplane 14/30 The Day After (1983) 14/30 The Day After Tomorrow 14/30 Z is for Zachariah 14/30 Fall (2022) 14.5/30 Signs 15/30 Deep Impact 15/30 The Birds 15/30 Twisters (2024) 15/30 Armageddon 15.5/30 Sean of the Dead 16/30 Zombieland 16/30 The Book of Eli Ranked: 16.75/30 Love and Monsters 17/30 Frequency 17/30 2012 17/30 Greenland 17/30 12 Monkeys 17.5/30 Threads 18/30 The Survivalist 18/30 Independence Day 18.5/30 Contact (1997) 19/30 The Towering Inferno 19/30 Don't Look Up 19.5/30 Twister 19.5/30 Dante's Peak 19.5/30 Tremors 20/30 The Road 21/30 The Quiet Place 21/30 Red Dawn (1984) 22/30 Wall-E 23/30 Blast From The Past (1999) 23.5/30 28 Days Later 24.5/30 Apollo 13 24.5/30 Contagion 25/30 I Am Legend 25/30 10 Cloverfield Lane 26.5/30 The Martian 27/30 On Hiatus Indefinitely Thank you all for listening to the podcast. We have a lot of fun making it and the fact you listen and send us feedback means a lot to us! Want to send us something? Josh Nass P.O. Box 5101 Cerritos, CA 90703-5101 Support the Ham Radio Crash Course Podcast: Patreon - https://www.patreon.com/hoshnasi Shop HamTactical: http://www.hamtactical.com Shop Our Affiliates: http://hamradiocrashcourse.com/affiliates/ Shop Our Amazon Store: https://www.amazon.com/shop/hamradiocrashcourse As an Amazon Associate I earn from qualifying purchases. Connect with Us: Website...................► http://hamradiocrashcourse.com YouTube..................► https://www.youtube.com/c/HamRadioCrashCourse Podcast...................► https://hamradiocrashcourse.podbean.com/ Discord....................► https://discord.gg/xhJMxDT Facebook................► https://goo.gl/cv5rEQ Twitter......................► https://twitter.com/Hoshnasi Instagram.................► https://instagram.com/hoshnasi (Josh) Instagram.................►https://instagram.com/hamtactical (Leah) Instagram.................►https://instagram.com/nasscorners (Leah)
Episode 087 – Leading Through Chaos, Carrying the Burden, and Knowing When to Walk Away In this episode of the JP Dinnell Podcast, JP and Lucas deliver one of their most transparent and hard-hitting conversations yet — tackling what it means to lead when the burden gets heavy, the mission gets messy, and the relationships around you start shifting. Coming off a powerful FTX leadership training event, JP shares behind-the-scenes lessons on clarity under chaos, how most leaders fail when pressure hits, and why leadership isn't just about serving others — it's about protecting your standards, your team, and your time. They also dig into the hard truth about relationships: not everyone can go where you're going, and sometimes, leadership means cutting ties with people who don't align with your mission — even if they're good people.
Want Scott Galloway's Business Playbook? Get it here: https://clickhubspot.com/pfg Episode 708: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Scott Galloway ( https://x.com/profgalloway ) about his wildest investments, plus advice for men in their 20s and 30s. — Show Notes: (0:00) FTX bankruptcy claims (Turning $2M into $15M with one trade) (6:56) NJOY (Turning $2.5M into $75M) (15:58) YellowPages (Turning $4M into $20M) (21:10) Prediction: The U.S market is about to have a 15-year downturn (27:55) The inverse galloway index (31:55) Who Scott admires (33:14) Advice for young men (37:19) Scott spots the next $1B trend: European markets (44:18) How does one ball? (46:00) Trump's meme coin and transnational oligarchs (53:25) More advice for young men — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam's List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano
What does it take to make DeFi yield simple, transparent, and unstoppable?In this episode of The Index, we sit down with Sunand Raghupathi, Co-founder and CEO of VEDA, to explore his journey from leaving a computer science PhD program to building one of DeFi's fastest-growing platforms. VEDA has grown to $2 billion in assets and 100,000+ users in just over a year, proving there's massive demand for easy, accessible crypto yield.What sets VEDA apart from failed centralized yield platforms like Celsius and FTX is its radical commitment to transparency. “When you put things on-chain, that's the best possible user experience,” says Raghupathi. By combining user-friendly design with on-chain verifiable constraints, VEDA eliminates the hidden leverage and risky practices that doomed its predecessors.We also explore VEDA's breakthrough cross-chain architecture, which lets users tap yield opportunities across multiple ecosystems without the headaches of complex bridging. As VEDA expands beyond Ethereum-compatible chains to Solana, Raghupathi highlights the unique market structures and liquidity dynamics that create fresh yield strategies and points to Bitcoin as “a massive, untapped opportunity” for DeFi to unlock.If you're a blockchain developer, investor, or founder looking for insights into the next phase of DeFi, this episode is packed with sharp takes on why Sunand is even more bullish on the space today than during the 2021 bull run.Explore VEDA's platform at https://veda.tech/.Follow on X: https://x.com/veda_labsShow LinksThe Index X ChannelYouTube
In this conversation, Stephan Livera and Michael Tanguma explore the current landscape of Bitcoin, focusing on the challenges of self-custody, the role of custodians, and the emergence of multi-institution custody solutions. They discuss the importance of education in the Bitcoin space, the dynamics of Bitcoin treasury companies, and the unique opportunities for Bitcoin adoption in the Middle East. The conversation emphasizes the need for evolving security measures as Bitcoin adoption increases and the complexities of integrating Bitcoin with traditional finance.Takeaways
This week's episode dives into one of the most pivotal labor fights in modern sports: the WNBA's explosive growth has put pressure on the league to rewrite its outdated collective bargaining agreement—and players aren't afraid to threaten a work stoppage to get it done. Before the deep dive, the guys run through the week's headlines: the Nuggets prove Addisu right with a clutch Game 3 win, Jason makes the case for baseball's comeback, FTX fallout clears some of sports' biggest stars, Chicago's GOAT Michael Jordan pads his resume by joining NBC's NBA coverage team and Pope Leo XIV becomes Chicago's newest legend. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
Mother's Day :: BitMex CEO pardoned :: political prisoners and the war on crypto :: skeeter calls about Ross :: Dave Ridley calls about NH freedom senators, civil disobedience, and licensure :: FTX influencers pardoned :: Manchester PD advertising "qualified immunity" as benefit :: Wikipedia challenging EU "safety" rule :: Trump to receive $400M jet from Qatar? :: LDS church settles 100+ lawsuits for sex abuse in California :: David in NM calls about Walmart tyrants :: Sarah in NM calls about "public financing of campaigns :: 2025-05-11 :: Stu, Mr. Penguin, Riley
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
In this episode of the Having Report, host Brad Mines welcomes back Crypto Lambo Astwood (for his 2nd time on the podcast) to discuss the current state of Bitcoin
Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit
Episode 085 – Inside Muster 022 & the FTX: Leadership Lessons from the Field In this episode of The JP Dinnell Podcast, JP and Lucas unpack the most powerful takeaways from Echelon Front's Muster 022 and the Field Training Exercise (FTX) that followed. If you've ever wondered what really happens when executives, entrepreneurs, and everyday leaders step into high-pressure leadership simulations, this episode takes you behind the curtain. This isn't just about theory. It's about watching leaders break, adapt, and rise—sometimes within minutes. You'll hear about the emotional debriefs, the life-changing breakthroughs, and the raw accountability that defines Extreme Ownership at the highest level.
Much has been made of the hallucinatory qualities of OpenAI's ChatGPT product. But as the Wall Street Journal's resident authority on OpenAI, Keach Hagey notes, perhaps the most hallucinatory feature the $300 billion start-up co-founded by the deadly duo of Sam Altman and Elon Musk is its attempt to be simultaneously a for-profit and non-profit company. As Hagey notes, the double life of this double company reached a surreal climax this week when Altman announced that OpenAI was abandoning its promised for-profit conversion. So what, I asked Hagey, are the implications of this corporate volte-face for investors who have poured billions of real dollars into the non-profit in order to make a profit? Will they be Waiting For Godot to get their returns?As Hagey - whose excellent biography of Altman, The Optimist, is out in a couple of weeks - explains, this might be the story of the hubristic 2020's. She speaks of Altman's astonishingly (even for Silicon Valley) hubris in believing that he can get away with the alchemic conceit of inventing a multi trillion dollar for-profit non-profit company. Yes, you can be half-pregnant, Sam is promising us. But, as she warns, at some point this will be exposed as fantasy. The consequences might not exactly be another Enron or FTX, but it will have ramifications way beyond beyond Silicon Valley. What will happen, for example, if future investors aren't convinced by Altman's fantasy and OpenAI runs out of cash? Hagey suggests that the OpenAI story may ultimately become a political drama in which a MAGA President will be forced to bail out America's leading AI company. It's TikTok in reverse (imagine if Chinese investors try to acquire OpenAI). Rather than the conveniently devilish Elon Musk, my sense is that Sam Altman is auditioning to become the real Jay Gatsby of our roaring twenties. Last month, Keach Hagey told me that Altman's superpower is as a salesman. He can sell anything to anyone, she says. But selling a non-profit to for-profit venture capitalists might even be a bridge too far for Silicon Valley's most hallucinatory optimist. Five Key Takeaways * OpenAI has abandoned plans to convert from a nonprofit to a for-profit structure, with pressure coming from multiple sources including attorneys general of California and Delaware, and possibly influenced by Elon Musk's opposition.* This decision will likely make it more difficult for OpenAI to raise money, as investors typically want control over their investments. Despite this, Sam Altman claims SoftBank will still provide the second $30 billion chunk of funding that was previously contingent on the for-profit conversion.* The nonprofit structure creates inherent tensions within OpenAI's business model. As Hagey notes, "those contradictions are still there" after nearly destroying the company once before during Altman's brief firing.* OpenAI's leadership is trying to position this as a positive change, with plans to capitalize the nonprofit and launch new programs and initiatives. However, Hagey notes this is similar to what Altman did at Y Combinator, which eventually led to tensions there.* The decision is beneficial for competitors like XAI, Anthropic, and others with normal for-profit structures. Hagey suggests the most optimistic outcome would be OpenAI finding a way to IPO before "completely imploding," though how a nonprofit-controlled entity would do this remains unclear.Keach Hagey is a reporter at The Wall Street Journal's Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her stories often explore the relationships between tech platforms like Facebook and Google and the media. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of “The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire,” published by HarperCollins. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Full TranscriptAndrew Keen: Hello, everybody. It is May the 6th, a Tuesday, 2025. And the tech media is dominated today by OpenAI's plan to convert its for-profit business to a non-profit side. That's how the Financial Times is reporting it. New York Times says that OpenAI, and I'm quoting them, backtracks on plans to drop nonprofit control and the Wall Street Journal, always very authoritative on the tech front, leads with Open AI abandons planned for profit conversion. The Wall Street Journal piece is written by Keach Hagey, who is perhaps America's leading authority on OpenAI. She was on the show a couple of months ago talking about Sam Altman's superpower which is as a salesman. Keach is also the author of an upcoming book. It's out in a couple weeks, "The Optimist: Sam Altman, OpenAI and the Race to Invent the Future." And I'm thrilled that Keach has been remarkably busy today, as you can imagine, found a few minutes to come onto the show. So, Keach, what is Sam selling here? You say he's a salesman. He's always selling something or other. What's the sell here?Keach Hagey: Well, the sell here is that this is not a big deal, right? The sell is that, this thing they've been trying to do for about a year, which is to make their company less weird, it's not gonna work. And as he was talking to the press yesterday, he was trying to suggest that they're still gonna be able to fundraise, that these folks that they promised that if you give us money, we're gonna convert to a for-profit and it's gonna be much more normal investment for you, but they're gonna get that money, which is you know, a pretty tough thing. So that's really, that's what he's selling is that this is not disruptive to the future of OpenAI.Andrew Keen: For people who are just listening, I'm looking at Keach's face, and I'm sensing that she's doing everything she can not to burst out laughing. Is that fair, Keach?Keach Hagey: Well, it'll remain to be seen, but I do think it will make it a lot harder for them to raise money. I mean, even Sam himself said as much during the talk yesterday that, you know, investors would like to be able to have some say over what happens to their money. And if you're controlled by a nonprofit organization, that's really tough. And what they were trying to do was convert to a new world where investors would have a seat at the table, because as we all remember, when Sam got briefly fired almost two years ago. The investors just helplessly sat on the sidelines and didn't have any say in the matter. Microsoft had absolutely no role to play other than kind of cajoling and offering him a job on the sidelines. So if you're gonna try to raise money, you really need to be able to promise some kind of control and that's become a lot harder.Andrew Keen: And the ramifications more broadly on this announcement will extend to Microsoft and Microsoft stock. I think their stock is down today. We'll come to that in a few minutes. Keach, there was an interesting piece in the week, this week on AI hallucinations are getting worse. Of course, OpenAI is the dominant AI company with their ChatGPT. But is this also kind of hallucination? What exactly is going on here? I have to admit, and I always thought, you know, I certainly know more about tech than I do about other subjects, which isn't always saying very much. But I mean, either you're a nonprofit or you're a for-profit, is there some sort of hallucinogenic process going on where Sam is trying to sell us on the idea that OpenAI is simultaneously a for profit and a nonprofit company?Keach Hagey: Well, that's kind of what it is right now. That's what it had sort of been since 2019 or when it spun up this strange structure where it had a for-profit underneath a nonprofit. And what we saw in the firing is that that doesn't hold. There's gonna come a moment when those two worlds are going to collide and it nearly destroyed the company. To be challenging going forward is that that basic destabilization that like unstable structure remains even though now everything is so much bigger there's so much more money coursing through and it's so important for the economy. It's a dangerous position.Andrew Keen: It's not so dangerous, you seem still faintly amused. I have to admit, I'm more than faintly amused, it's not too bothersome for us because we don't have any money in OpenAI. But for SoftBank and the other participants in the recent $40 billion round of investment in OpenAI, this must be, to say the least, rather disconcerting.Keach Hagey: That was one of the biggest surprises from the press conference yesterday. Sam Altman was asked point blank, is SoftBank still going to give you this sort of second chunk, this $30 billion second chunk that was contingent upon being able to convert to a for-profit, and he said, quite simply, yes. Who knows what goes on in behind the scenes? I think we're gonna find out probably a lot more about that. There are many unanswered questions, but it's not great, right? It's definitely not great for investors.Andrew Keen: Well, you have to guess at the very minimum, SoftBank would be demanding better terms. They're not just going to do the same thing. I mean, it suddenly it suddenly gives them an additional ace in their hand in terms of negotiation. I mean this is not some sort of little startup. This is 30 or 40 billion dollars. I mean it's astonishing number. And presumably the non-public conversations are very interesting. I'm sure, Keach, you would like to know what's being said.Keach Hagey: Don't know yet, but I think your analysis is pretty smart on this matter.Andrew Keen: So if you had to guess, Sam is the consummate salesman. What did he tell SoftBank before April to close the round? And what is he telling them now? I mean, how has the message changed?Keach Hagey: One of the things that we see a little bit about this from the messaging that he gave to the world yesterday, which is this is going to be a simpler structure. It is going to be slightly more normal structure. They are changing the structure a little bit. So although the non-profit is going to remain in charge, the thing underneath it, the for-profit, is going change its structure a little bit and become kind of a little more normal. It's not going to have this capped profit thing where, you know, the investors are capped at 100 times what they put in. So parts of it are gonna become more normal. For employees, it's probably gonna be easier for them to get equity and things like that. So I'm sure that that's part of what he's selling, that this new structure is gonna be a little bit better, but it's not gonna be as good as what they were trying to do.Andrew Keen: Can Sam? I mean, clearly he has sold it. I mean as we joked earlier when we talked, Sam could sell ice to the Laplanders or sand to the Saudis. But these people know Sam. It's no secret that he's a remarkable salesman. That means that sometimes you have to think carefully about what he's saying. What's the impact on him? To what extent is this decision one more chip on the Altman brand?Keach Hagey: It's a setback for sure, and it's kind of a win for Elon Musk, his rival.Andrew Keen: Right.Keach Hagey: Elon has been suing him, Elon has been trying to block this very conversion. And in the end, it seems like it was actually the attorneys general of California and Delaware that really put the nail in the coffin here. So there's still a lot to find out about exactly how it all shook out. There were actually huge campaigns as well, like in the streets, billboards, posters. Polls saying, trying to put pressure on the attorney general to block this thing. So it was a broad coalition, I think, that opposed the conversion, and you can even see that a little bit in their speech. But you got to admit that Elon probably looked at this and was happy.Andrew Keen: And I'm sure Elon used his own X platform to promote his own agenda. Is this an example, Keach, in a weird kind of way of the plebiscitary politics now of Silicon Valley is that titans like Altman and Musk are fighting out complex corporate economic battles in the naked public of social media.Keach Hagey: Yes, in the naked public of social media, but what we're also seeing here is that it's sort of, it's become through the apparatus of government. So we're seeing, you know, Elon is in the Doge office and this conversion is really happening in the state AG's houses. So that's what's sort interesting to me is these like private fights have now expanded to fill both state and federal government.Andrew Keen: Last time we talked, I couldn't find the photo, but there was a wonderful photo of, I think it was Larry Ellison and Sam Altman in the Oval Office with Trump. And Ellison looked very excited. He looked extremely old as well. And Altman looked very awkward. And it's surprising to see Altman look awkward because generally he doesn't. Has Trump played a role in this or is he keeping out of it?Keach Hagey: As far as my current reporting right now, we have no reporting that Trump himself was directly involved. I can't go further than that right now.Andrew Keen: Meaning that you know something that you're not willing to ignore.Keach Hagey: Just I hope you keep your subscription to the Wall Street Journal on what role the White House played, I would say. But as far as that awkwardness, I don't know if you noticed that there was a box that day for Masa Yoshison to see.Andrew Keen: Oh yeah, and Son was in the office too, right, that was the third person.Keach Hagey: So it was a box in the podium, which I think contributed to the awkwardness of the day, because he's not a tall man.Andrew Keen: Right. To put it politely. The way that OpenAI spun it, in classic Sam Altman terms, is new funding to build towards AGI. So it's their Altman-esque use of the public to vindicate this new investment, is this just more quote unquote, and this is my word. You don't have to agree with it. Just sales pitch or might even be dishonesty here. I mean, the reality is, is new funding to build towards AGI, which is, artificial general intelligence. It's not new funding, to build toward AGI. It's new funding to build towards OpenAI, there's no public benefit of any of this, is there?Keach Hagey: Well, what they're saying is that the nonprofit will be capitalized and will sort of be hiring up and doing a bunch more things that it wasn't really doing. We'll have programs and initiatives and all of that. Which really, as someone who studied Sam's life, this sounds really a lot like what he did at Y Combinator. When he was head of Y Combinator, he also spun up a nonprofit arm, which is actually what OpenAI grew out of. So I think in Sam's mind, a nonprofit there's a place to go. Sort of hash out your ideas, it's a place to kind of have pet projects grow. That's where he did things like his UBI study. So I can sort of see that once the AGs are like, this is not gonna happen, he's like, great, we'll just make a big nonprofit and I'll get to do all these projects I've always wanted to do.Andrew Keen: Didn't he get thrown out of Y Combinator by Paul Graham for that?Keach Hagey: Yes, a little bit. You know, I would say there's a general mutiny for too much of that kind of stuff. Yeah, it's true. People didn't love it, and they thought that he took his eye off the ball. A little bit because one of those projects became OpenAI, and he became kind of obsessed with it and stopped paying attention. So look, maybe OpenAI will spawn the next thing, right? And he'll get distracted by that and move on.Andrew Keen: No coincidence, of course, that Sam went on to become a CEO of OpenAI. What does it mean for the broader AI ecosystem? I noted earlier you brought up Microsoft. I mean, I think you've already written on this and lots of other people have written about the fact that the relationship between OpenAI and Microsoft has cooled dramatically. As well as between Nadella and Altman. What does this mean for Microsoft? Is it a big deal?Keach Hagey: They have been hashing this out for months. So it is a big deal in that it will change the structure of their most important partner. But even before this, Microsoft and OpenAI were sort of locked in negotiations over how large and how Microsoft's stake in this new OpenAI will be valued. And that still has to be determined, regardless of whether it's a non-profit or a for-profit in charge. And their interests are diverging. So those negotiations are not as warm as they maybe would have been a few years ago.Andrew Keen: It's a form of polyamory, isn't it? Like we have in Silicon Valley, everyone has sex with everybody else, to put it politely.Keach Hagey: Well, OpenAI does have a new partner in Oracle. And I would expect them to have many more in terms of cloud computing partners going forward. It's just too much risk for any one company to build these huge and expensive data centers, not knowing that OpenAI is going to exist in a certain number of years. So they have to diversify.Andrew Keen: Keach, you know, this is amusing and entertaining and Altman is a remarkable individual, able to sell anything to anyone. But at what point are we really on the Titanic here? And there is such a thing as an iceberg, a real thing, whatever Donald Trump or other manufacturers of ontologies might suggest. At some point, this thing is going to end in a massive disaster.Keach Hagey: Are you talking about the Existence Force?Andrew Keen: I'm not talking about the Titanic, I'm talking about OpenAI. I mean, Parmi Olson, who's the other great authority on OpenAI, who won the FT Book of the Year last year, she's been on the show a couple of times, she wrote in Bloomberg that OpenAI can't have its money both ways, and that's what Sam is trying to do. My point is that we can all point out, excuse me, the contradictions and the hypocrisy and all the rest of it. But there are laws of gravity when it comes to economics. And at a certain point, this thing is going to crash, isn't it? I mean, what's the metaphor? Is it Enron? Is it Sam Bankman-Fried? What kind of examples in history do we need to look at to try and figure out what really is going on here?Keach Hagey: That's certainly one possibility, and there are a good number of people who believe that.Andrew Keen: Believe what, Enron or Sam Bankman-Fried?Keach Hagey: Oh, well, the internal tensions cannot hold, right? I don't know if fraud is even necessary so much as just, we've seen it, we've already seen it happen once, right, the company almost completely collapsed one time and those contradictions are still there.Andrew Keen: And when you say it happened, is that when Sam got pushed out or was that another or something else?Keach Hagey: No, no, that's it, because Sam almost got pushed out and then all of the funders would go away. So Sam needs to be there for them to continue raising money in the way that they have been raising money. And that's really going to be the question. How long can that go on? He's a young man, could go on a very long time. But yeah, I think that really will determine whether it's a disaster or not.Andrew Keen: But how long can it go on? I mean, how long could Sam have it both ways? Well, there's a dream. I mean maybe he can close this last round. I mean he's going to need to raise more than $40 billion. This is such a competitive space. Tens of billions of dollars are being invested almost on a monthly basis. So this is not the end of the road, this $40-billion investment.Keach Hagey: Oh, no. And you know, there's talk of IPO at some point, maybe not even that far away. I don't even let me wrap my mind around what it would be for like a nonprofit to have a controlling share at a public company.Andrew Keen: More hallucinations economically, Keach.Keach Hagey: But I mean, IPO is the exit for investors, right? That's the model, that is the Silicon Valley model. So it's going to have to come to that one way or another.Andrew Keen: But how does it work internally? I mean, for the guys, the sales guys, the people who are actually doing the business at OpenAI, they've been pretty successful this year. The numbers are astonishing. But how is this gonna impact if it's a nonprofit? How does this impact the process of selling, of building product, of all the other internal mechanics of this high-priced startup?Keach Hagey: I don't think it will affect it enormously in the short term. It's really just a question of can they continue to raise money for the enormous amount of compute that they need. So so far, he's been able to do that, right? And if that slows up in any way, they're going to be in trouble. Because as Sam has said many times, AI has to be cheap to be actually useful. So in order to, you know, for it to be widespread, for to flow like water, all of those things, it's got to be cheap and that's going to require massive investment in data centers.Andrew Keen: But how, I mean, ultimately people are putting money in so that they get the money back. This is not a nonprofit endeavor to put 40 billion from SoftBank. SoftBank is not in the nonprofit business. So they're gonna need their money back and the only way they generally, in my understanding, getting money back is by going public, especially with these numbers. How can a nonprofit go public?Keach Hagey: It's a great question. That's what I'm just phrasing. I mean, this is, you know, you talk to folks, this is what's like off in the misty distance for them. It's an, it's a fascinating question and one that we're gonna try to answer this week.Andrew Keen: But you look amused. I'm no financial genius. Everyone must be asking the same question.Keach Hagey: Well, the way that they've said it is that the for-profit will be, will have a, the non-profit will control the for profit and be the largest shareholder in it, but the rest of the shares could be held by public markets theoretically. That's a great question though.Andrew Keen: And lawyers all over the world must be wrapping their hands. I mean, in the very best case, it's gonna be lawsuits on this, people suing them up the wazoo.Keach Hagey: It's absolutely true. You should see my inbox right now. It's just like layers, layers, layer.Andrew Keen: Yeah, my wife. My wife is the head of litigation. I don't know if I should be saying this publicly anyway, I am. She's the head of Litigation at Google. And she lost some of her senior people and they all went over to AI. I'm big, I'm betting that they regret going over there can't be much fun being a lawyer at OpenAI.Keach Hagey: I don't know, I think it'd be great fun. I think you'd have like enormous challenges and have lots of billable hours.Andrew Keen: Unless, of course, they're personally being sued.Keach Hagey: Hopefully not. I mean, look, it is a strange and unprecedented situation.Andrew Keen: To what extent is this, if not Shakespearean, could have been written by some Greek dramatist? To what extend is this symbolic of all the hype and salesmanship and dishonesty of Silicon Valley? And in a sense, maybe this is a final scene or a penultimate scene in the Silicon Valley story of doing good for the world. And yet, of course, reaping obscene profit.Keach Hagey: I think it's a little bit about trying to have your cake and eat it too, right? Trying to have the aura of altruism, but also make something and make a lot of money. And what it seems like today is that if you started as a nonprofit, it's like a black hole. You can never get out. There's no way to get out, and that idea was just like maybe one step too clever when they set it up in the beginning, right. It seemed like too good to be true because it was. And it might end up really limiting the growth of the company.Andrew Keen: Is Sam completely in charge here? I mean, a number of the founders have left. Musk, of course, when you and I talked a couple of months ago, OpenAI came out of conversations between Musk and Sam. Is he doing this on his own? Does he have lieutenants, people who he can rely on?Keach Hagey: Yeah, I mean, he does. He has a number of folks that have been there, you know, a long time.Andrew Keen: Who are they? I mean, do we know their names?Keach Hagey: Oh, sure. Yeah. I mean, like Brad Lightcap and Jason Kwon and, you know, just they're they're Greg Brockman, of course, still there. So there are a core group of executives that have that have been there pretty much from the beginning, close to it, that he does trust. But if you're asking, like, is Sam really in control of this whole thing? I believe the answer is yes. Right. He is on the board of this nonprofit, and that nonprofit will choose the board of the for-profit. So as long as that's the case, he's in charge.Andrew Keen: How divided is OpenAI? I mean, one of the things that came out of the big crisis, what was it, 18 months ago when they tried to push him out, was it was clearly a profoundly divided company between those who believed in the nonprofit mission versus the for-profit mission. Are those divisions still as acute within the company itself? It must be growing. I don't know how many thousands of people work.Keach Hagey: It has grown very fast. It is not as acute in my experience. There was a time when it was really sort of a warring of tribes. And after the blip, as they call it, a lot of those more safety focused people, people that subscribe to effective altruism, left or were kind of pushed out. So Sam took over and kind of cleaned house.Andrew Keen: But then aren't those people also very concerned that it appears as if Sam's having his cake and eating it, having it both ways, talking about the company being a non-profit but behaving as if it is a for-profit?Keach Hagey: Oh, yeah, they're very concerned. In fact, a number of them have signed on to this open letter to the attorneys general that dropped, I don't know, a week and a half ago, something like that. You can see a number of former OpenAI employees, whistleblowers and others, saying this very thing, you know, that the AG should block this because it was supposed to be a charitable mission from the beginning. And no amount of fancy footwork is gonna make it okay to toss that overboard.Andrew Keen: And I mean, in the best possible case, can Sam, the one thing I think you and I talked about last time is Sam clearly does, he's not driven by money. There's something else. There's some other demonic force here. Could he theoretically reinvent the company so that it becomes a kind of AI overlord, a nonprofit AI overlord for our 21st century AI age?Keach Hagey: Wow, well I think he sometimes thinks of it as like an AI layer and you know, is this my overlord? Might be, you know.Andrew Keen: As long as it's not made in China, I hope it's made in India or maybe in Detroit or something.Keach Hagey: It's a very old one, so it's OK. But it's really my attention overlord, right? Yeah, so I don't know about the AI overlord part. Although it's interesting, Sam from the very beginning has wanted there to be a democratic process to control what decision, what kind of AI gets built and what are the guardrails for AGI. As long as he's there.Andrew Keen: As long as he's the one determining it, right?Keach Hagey: We talked about it a lot in the very beginning of the company when things were smaller and not so crazy. And what really strikes me is he doesn't really talk about that much anymore. But what we did just see is some advocacy organizations that kind of function in that exact way. They have voters all over the world and they all voted on, hey, we want you guys to go and try to that ended up having this like democratic structure for deciding the future of AI and used it to kind of block what he was trying to do.Andrew Keen: What are the implications for OpenAI's competitors? There's obviously Anthropic. Microsoft, we talked about a little bit, although it's a partner and a competitor simultaneously. And then of course there's Google. I assume this is all good news for the competition. And of course XAI.Keach Hagey: It is good news, especially for a company like XAI. I was just speaking to an XAI investor today who was crowing. Yeah, because those companies don't have this weird structure. Only OpenAI has this strange nonprofit structure. So if you are an investor who wants to have some exposure to AI, it might just not be worth the headache to deal with the uncertainty around the nonprofit, even though OpenAI is like the clear leader. It might be a better bet to invest in Anthropic or XAI or something else that has just a normal for-profit structure.Andrew Keen: Yeah. And it's hard to actually quote unquote out-Trump, Elon Musk on economic subterfuge. But Altman seems to have done that. I mean, Musk, what he folded X into XAI. It was a little bit of controversy, but he seems to got away with it. So there is a deep hostility between these two men, which I'm assuming is being compounded by this process.Keach Hagey: Absolutely. Again, this is a win for Elon. All these legal cases and Elon trying to buy OpenAI. I remember that bid a few months ago where he actually put a number on it. All that was about trying to block the for-profit conversion because he's trying to stop OpenAI and its tracks. He also claims they've abandoned their mission, but it's always important to note that it's coming from a competitor.Andrew Keen: Could that be a way out of this seeming box? Keach, a company like XAI or Microsoft or Google, or that probably wouldn't happen on the antitrust front, would buy OpenAI as maybe a nonprofit and then transform it into a for-profit company?Keach Hagey: Maybe you and Sam should get together and hash that out. That's the kind ofAndrew Keen: Well Sam, I'm available to be hired if you're watching. I'll probably charge less than your current consigliere. What's his name? Who's the consiglieri who's working with him on this?Keach Hagey: You mean Chris Lehane?Andrew Keen: Yes, Chris Lehane, the ego.Keach Hagey: Um,Andrew Keen: How's Lehane holding up in this? Do you think he's getting any sleep?Keach Hagey: Well, he's like a policy guy. I'm sure this has been challenging for everybody. But look, you are pointing to something that I think is real, which is there will probably be consolidation at some point down the line in AI.Andrew Keen: I mean, I know you're not an expert on the maybe sort of corporate legal stuff, but is it in theory possible to buy a nonprofit? I don't even know how you buy a non-profit and then turn it into a for-profit. I mean is that one way out of this, this cul-de-sac?Keach Hagey: I really don't know the answer to that question, to be honest with you. I can't think of another example of it happening. So I'm gonna go with no, but I don't now.Andrew Keen: There are no equivalents, sorry to interrupt, go on.Keach Hagey: No, so I was actually asking a little bit, are there precedents for this? And someone mentioned Blue Cross Blue Shield had gone from being a nonprofit to a for-profit successfully in the past.Andrew Keen: And we seem a little amused by that. I mean, anyone who uses US health care as a model, I think, might regret it. Your book, The Optimist, is out in a couple of weeks. When did you stop writing it?Keach Hagey: The end of December, end of last year, was pencils fully down.Andrew Keen: And I'm sure you told the publisher that that was far too long a window. Seven months on Silicon Valley is like seven centuries.Keach Hagey: It was actually a very, very tight timeline. They turned it around like incredibly fast. Usually it'sAndrew Keen: Remarkable, yeah, exactly. Publishing is such, such, they're such quick actors, aren't they?Keach Hagey: In this case, they actually were, so I'm grateful for that.Andrew Keen: Well, they always say that six months or seven months is fast, but it is actually possible to publish a book in probably a week or two, if you really choose to. But in all seriousness, back to this question, I mean, and I want everyone to read the book. It's a wonderful book and an important book. The best book on OpenAI out. What would you have written differently? Is there an extra chapter on this? I know you warned about a lot of this stuff in the book. So it must make you feel in some ways quite vindicated.Keach Hagey: I mean, you're asking if I'd had a longer deadline, what would I have liked to include? Well, if you're ready.Andrew Keen: Well, if you're writing it now with this news under your belt.Keach Hagey: Absolutely. So, I mean, the thing, two things, I guess, definitely this news about the for-profit conversion failing just shows the limits of Sam's power. So that's pretty interesting, because as the book was closing, we're not really sure what those limits are. And the other one is Trump. So Trump had happened, but we do not yet understand what Trump 2.0 really meant at the time that the book was closing. And at that point, it looked like Sam was in the cold, you know, he wasn't clear how he was going to get inside Trump's inner circle. And then lo and behold, he was there on day one of the Trump administration sharing a podium with him announcing that Stargate AI infrastructure investment. So I'm sad that that didn't make it into the book because it really just shows the kind of remarkable character he is.Andrew Keen: He's their Zelig, but then we all know what happened to Woody Allen in the end. In all seriousness, and it's hard to keep a straight face here, Keach, and you're trying although you're not doing a very good job, what's going to happen? I know it's an easy question to ask and a hard one to answer, but ultimately this thing has to end in catastrophe, doesn't it? I use the analogy of the Titanic. There are real icebergs out there.Keach Hagey: Look, there could be a data breach. I do think that.Andrew Keen: Well, there could be data breaches if it was a non-profit or for-profit, I mean, in terms of this whole issue of trying to have it both ways.Keach Hagey: Look, they might run out of money, right? I mean, that's one very real possibility. They might run outta money and have to be bought by someone, as you said. That is a totally real possibility right now.Andrew Keen: What would happen if they couldn't raise any more money. I mean, what was the last round, the $40 billion round? What was the overall valuation? About $350 billion.Keach Hagey: Yeah, mm-hmm.Andrew Keen: So let's say that they begin to, because they've got, what are their hard costs monthly burn rate? I mean, it's billions of just.Keach Hagey: Well, the issue is that they're spending more than they are making.Andrew Keen: Right, but you're right. So they, let's say in 18 months, they run out of runway. What would people be buying?Keach Hagey: Right, maybe some IP, some servers. And one of the big questions that is yet unanswered in AI is will it ever economically make sense, right? Right now we are all buying the possibility of in the future that the costs will eventually come down and it will kind of be useful, but that's still a promise. And it's possible that that won't ever happen. I mean, all these companies are this way, right. They are spending far, far more than they're making.Andrew Keen: And that's the best case scenario.Keach Hagey: Worst case scenario is the killer robots murder us all.Andrew Keen: No, what I meant in the best case scenario is that people are actually still without all the blow up. I mean, people are actual paying for AI. I mean on the one hand, the OpenAI product is, would you say it's successful, more or less successful than it was when you finished the book in December of last year?Keach Hagey: Oh, yes, much more successful. Vastly more users, and the product is vastly better. I mean, even in my experience, I don't know if you play with it every day.Andrew Keen: I use Anthropic.Keach Hagey: I use both Claude and ChatGPT, and I mean, they're both great. And I find them vastly more useful today than I did even when I was closing the book. So it's great. I don't know if it's really a great business that they're only charging me $20, right? That's great for me, but I don't think it's long term tenable.Andrew Keen: Well, Keach Hagey, your new book, The Optimist, your new old book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. I hope you're writing a sequel. Maybe you should make it The Pessimist.Keach Hagey: I think you might be the pessimist, Andrew.Andrew Keen: Well, you're just, you are as pessimistic as me. You just have a nice smile. I mean, in all reality, what's the most optimistic thing that can come out of this?Keach Hagey: The most optimistic is that this becomes a product that is actually useful, but doesn't vastly exacerbate inequality.Andrew Keen: No, I take the point on that, but in terms of this current story of this non-profit versus profit, what's the best case scenario?Keach Hagey: I guess the best case scenario is they find their way to an IPO before completely imploding.Andrew Keen: With the assumption that a non-profit can do an IPO.Keach Hagey: That they find the right lawyers from wherever they are and make it happen.Andrew Keen: Well, AI continues its hallucinations, and they're not in the product themselves. I think they're in their companies. One of the best, if not the best authority, our guide to all these hallucinations in a corporate level is Keach Hagey, her new book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. Essential reading for anyone who wants to understand Sam Altman as the consummate salesman. And I think one thing we can say for sure, Keach, is this is not the end of the story. Is that fair?Keach Hagey: Very fair. Not the end of the story. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
In this captivating conversation, Anatoly Yakovenko, co-founder of Solana, shares the journey behind building one of crypto's most resilient blockchain networks.He discusses surviving the COVID market crash, the FTX collapse, and how Ethereum founder Vitalik Buterin's support helped during their darkest days. __________________________________PARTNERS
If you buy enough memecoins you could have dinner with the PresidentFEATURING:Victoria Jones (https://twitter.com/satoshis_page)Josh Scigala (https://twitter.com/JScigala)Ben Arc (https://twitter.com/Arcbtc)Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK: Jack Mallers to lead Tether, Softbank, and Cantor Fitzgerald-backed Bitcoin Treasury company. Twenty One Capital will launch with 42,000 $BTC in assets.We're winning.https://twitter.com/tftc21/status/1915053416663171156?s=46Source: Twitter / XCantor Skyrockets 130% as Traders FOMO Into the Stock on Bitcoin SPAC Frenzyhttps://www.coindesk.com/markets/2025/04/24/cantor-equity-shares-surge-55-jump-another-15-pre-market-on-bitcoin-spac-deal-buzzSource: CoindeskSo Tether, Softbank, and Cantor Fitzgerald are forming 21 Capital with CEO Jack Mallers.https://twitter.com/adambliv/status/1915220871699890312?s=46Source: Twitter / XBlockchain will turn the internet into the world's largest 'stock' market, says investorhttps://www.cnbc.com/2017/09/05/balaji-srinivasan-21-co-interview-on-blockchain.htmlSource: CNBC21 Inc, ‘Decommoditizing Mining'https://bravenewcoin.com/insights/21-inc-decommoditizing-miningSource: Brave CoinHere's why 21 is the most exciting bitcoin company right nowhttps://finance.yahoo.com/news/why-21-inc-is-the-most-exciting-bitcoin-blockchain-company-balaji-srinivasan-andreessen-horowitz-200250565.htmlSource: YahooBitcoin Price Prediction 2025: Can BTC Hit $100K Again? Here's What the Charts Suggesthttps://techbullion.com/bitcoin-price-prediction-2025-can-btc-hit-100k-again-heres-what-the-charts-suggest/Source: Tech BullionThis chart says the largest Bitcoin move in 5 years has begun.https://twitter.com/techdev_52/status/1914749322731585705?s=46Source: Twitter / XIndicted ‘Bitcoin Jesus' Pays Roger Stone $600,000 to Lobby for Himhttps://www.nytimes.com/2025/04/24/us/politics/stone-bitcoin-crypto-trump.htmlSource: NY TimesA Nevada politician was convicted of using funds meant to honor a slain officer on plastic surgery. Trump just pardoned herhttps://www.cbsnews.com/news/trump-pardons-michele-fiore-las-vegas-nevada-politician-fraud/Source: CBS NewsHere's how HEX's Richard Heart beat SEC fraud chargeshttps://cointelegraph.com/news/how-richard-heart-hex-beat-sec-fraud-chargesSource: Cointelegraph After legal drama, Shaquille O'Neal reaches settlement in FTX class action lawsuithttps://www.theblock.co/post/351880/after-legal-drama-shaquille-oneal-reaches-settlement-in-ftx-class-action-lawsuitSource: The BlockFamilies of detainees in El Salvador and Venezuela decry Bukele's prisoner swap offerhttps://www.theguardian.com/world/2025/apr/23/el-salvador-bukele-venezuela-prisonersSource: The GuardianBitcoin, Altcoins Pump After Federal Reserve Board Withdraws Crypto Notification Rules For Bankshttps://www.ibtimes.com/bitcoin-altcoins-pump-after-federal-reserve-board-withdraws-crypto-notification-rules-banks-3771352Source: Ib TimesTrump offers private dinner to the top investors in his meme coinhttps://www.cnn.com/2025/04/24/politics/meme-coin-trump-dinner/index.htmlSource: CNN___________________________________________________________________________________________World Crypto Networkhttps://www.worldcryptonetwork.com/On This Day in World Crypto Network Historyhttps://www.worldcryptonetwork.com/onthisday/------------------------------------------------------------------------------------------------------------------------------------------------------Please Subscribe to our Youtube Channelhttps://m.youtube.com/channel/UCR9gdpWisRwnk_k23GsHf
#724. ¿Y si el verdadero cisne negro no está por venir, sino que ya lleva años volando sobre nosotros? Hoy hablamos del activo que muchos creen intocable. Pero Lehman, Terra y FTX también parecían estables… hasta que dejaron de serlo. Si la historia rima, ¿qué verso le toca a Tether?• Notas de este episodio:https://podcast.pau.ninja/724• Comunidad + episodios exclusivos:https://sociedad.ninja/(00:00) Introducción(1:33) Lehman Brothers(2:30) Terra Luna(3:49) FTX(4:38) La asustadiza similitud entre Tether y esta estafa(12:49) Si Tether hace esto dile adiós a tus USDT(19:07) ¿Y qué pasa con los famosos bonos del Tesoro de EEUU de Tether?
Zizians, technofeudalism, Rationalist movement, COINTELPRO, Philadelphia/Wilmington suburbs, seasteading, Vassarites, PayPal mafia, Bay Area, Medieval era, Mendicants, Effective Altruism (EA), Sam Bankman-Fried (SBF), FTX, cryptocurrency, cybernetics, science fiction, techno-utopianism, the American obsession with technology/science, Extropianism, Accelerationism, AI, Roko's Basilisk, DOGE, cypherpunks, assassination politics, behavior modification, cults, ketamine, Leverage Research, ARTICHOKE/MK-ULTRA, the brain as a computer, Programmed to Kill, modern proliferation of cults, Order of Nine Angles (O9A), Maniac Murder Cult (MKY), digital Gladio, networking, decentralized finance (DeFi), digital commonsPurchase Weird Tales :Amazon: https://www.amazon.com/Weird-Tales-Zizians-Crypto-Demiurges/dp/B0F48538C6?ref_=ast_author_dpEbook (KDP/PDF): https://thefarmpodcast.store/Music by: Keith Allen Dennishttps://keithallendennis.bandcamp.com/Additional Music: J Money Get bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.
digital kompakt | Business & Digitalisierung von Startup bis Corporate
Vielleicht kennst du den Spruch „5 Things I Wish I knew when I was 20“? In einem persönlichen Talk erfährst du 5 große Learnings, die Johannes Kliesch im Business, aber auch im Privatleben gemacht hat. Johannes Kliesch berichtet von entscheidenden Stationen im Leben, wie z.B. dem Studium, dem Einstieg ins Berufsleben, aber auch von Erfahrungen aus seinem Privatleben, die ihn zu dem gemacht haben, was er heute ist. Diese Episode gibt dir Anreize, Neues auszuprobieren und soll dir helfen erfolgreicher zu werden. Egal, ob du noch jünger als 20 Jahre bist oder älter. Johannes Kliesch ist ein erfolgreicher Unternehmer und Mitgründer von SNOCKS, einem E-Commerce-Unternehmen, das sich auf hochwertige Socken und Unterwäsche spezialisiert hat. Mit seiner visionären Führung und innovativen Marketingstrategien hat Johannes SNOCKS zu einer bekannten Marke aufgebaut, die sich durch Qualität und Kundenzufriedenheit auszeichnet. Er ist ein Experte im Bereich E-Commerce und digitale Vermarktung und teilt seine Erfahrungen und Insights regelmäßig in Vorträgen und Podcasts. Johannes teilt seine Gründerreise und seine E-Commerce Expertise auf LinkedIn, sein Netzwerk umfasst dort über 65.000 Follower. Er ist Host des Podcasts “E-Commerce, Why Not?!” und gibt wöchentlich Tipps für das Daily Business im Online-Handel. Die 5 Dinge: 1. Investiere in dich selbst: Johannes Kliesch betont die Bedeutung, in die eigene Persönlichkeit und Fähigkeiten zu investieren, besonders in den 20ern. Anstatt frühzeitig in ETFs oder Altersvorsorge zu investieren, empfiehlt er, das Geld in Projekte und Erfahrungen zu stecken, die langfristig wertvolle Lektionen und Fähigkeiten vermitteln. 2. Emotionale Verpflichtungen bei Investments: Johannes hat gelernt, dass jedes Investment auch eine emotionale Verpflichtung mit sich bringt. Er betont die Wichtigkeit, nur in Dinge zu investieren, die man versteht und auf die man Einfluss hat, um unnötigen Stress zu vermeiden. 3. Geduld und Ausdauer: Der Weg zum finanziellen Erfolg ist lang und oft mit Rückschlägen verbunden. Johannes teilt seine Erfahrung, dass es Jahre dauern kann, bis ein Unternehmen wirklich profitabel wird und dass man bereit sein muss, lange Zeit ohne signifikante finanzielle Belohnungen zu arbeiten. 4. Chancen nutzen: Wenn etwas funktioniert, sollte man all-in gehen und die Gelegenheit maximal ausnutzen. Johannes hebt hervor, dass erfolgreiche Geschäftsmodelle oft nur ein begrenztes Zeitfenster haben, in dem sie optimal funktionieren. 5. Die Businesswelt ist ein Haifischbecken: Johannes warnt davor, sich von äußeren Erfolgsdarstellungen blenden zu lassen. Er teilt die schmerzhafte Erfahrung, durch die Insolvenz der Kryptobörse FTX einen großen Teil seines Vermögens verloren zu haben, und betont die Wichtigkeit, skeptisch zu bleiben und sich nicht von Hypes mitreißen zu lassen. __________________________ ||||| PERSONEN |||||
In this explosive breakdown, Kerry Lutz of the Financial Survival Network explores the radical theory that Washington has been quietly hoarding massive amounts of BTC—possibly over a million coins—through seizures, covert acquisitions, and even Satoshi Nakamoto's original stash. Could skyrocketing Bitcoin prices allow America to wipe out its debt in one move? Is the government sitting on a digital goldmine it plans to deploy during a global monetary reset? What happens if the leftover Bitcoin is used to privatize and fully fund Social Security? From the collapse of FTX and the takedown of SBF to the sudden approval of Bitcoin ETFs and the rise of the Strategic Bitcoin Reserve, the pieces may already be in place. This is not financial advice—this is geopolitical speculation on a red-pill level. Read the full article and find more from Kerry here: https://FinancialSurvivalNetwork.com
Summary In this episode, Blockchain Wayne interviews Mike Wilson from the Vegas Crypto Group, discussing the evolution of the crypto community, the importance of education and meetups, and the impact of regulatory policies on innovation. They explore upcoming events in Las Vegas, including the Litecoin Summit and Bitcoin Pizza Day, while emphasizing the need for community engagement and support for crypto-friendly politicians. The conversation highlights the significance of privacy and freedom in the crypto space, encouraging listeners to take an active role in the community. Takeaways Mike Wilson has been involved in the crypto space for over 30 years. The Vegas Crypto Group hosts various events to build community. Stand With Crypto supports crypto-friendly politicians across the U.S. Privacy is essential for freedom and innovation in crypto. FTX's collapse was a result of fraud, not a crypto issue. Meetups are crucial for educating newcomers about crypto. Bitcoin Pizza Day celebrates the use of Bitcoin as currency. Community engagement is vital for the growth of the crypto industry. Technology creates new jobs, even as it replaces old ones. Everyone is encouraged to get involved in the crypto community. Chapters 00:00 Introduction to the Crypto Journey 02:56 Building the Vegas Crypto Community 05:53 The Importance of Crypto-Friendly Policies 08:53 The Role of Meetups in Crypto Education 11:46 Upcoming Events in Las Vegas 15:01 The Impact of FTX on Crypto Perception 18:06 The Future of Bitcoin and Community Engagement 21:09 Final Thoughts and Encouragement
We compare Bitcoin's recent 30% price drop to previous crashes like COVID, Terra/Luna, and FTX, discussing market sentiment, recovery patterns, and whether Bitcoin behaves as a risk-on or risk-off asset.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comHow do previous Bitcoin crashes compare to this week's Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash.Follow our guests: @cbspears @asilayhodling @btcszn2Notes:- Bitcoin down 30% from $109K to $76K- Markets recovered 9.5% in one day- Terra/Luna crash: 35% drop in one week- FTX collapse: only 30% drop but worst sentiment- US fiscal deficit at $36.7 trillion debt- BitMEX "outage" may have saved 2020 crashTimestamps:00:00 Start00:46 Bitcoin crashes, “don't buy it”06:25 Macro lookback14:00 Covid crash (march 2020)23:18 Terra Luna crash (may 2022)32:16 FTX Crash38:43 Stay humble, stack sats-
This is a cross-post of our latest Writer's Room for Bitcoin Season 2, a weekly back-and-forth between Blockspace's Charlie Spears and Colin Harper on hot news items and Bitcoin esoterica. You can find prior episodes on the Bitcoin Season 2 YouTube. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com How do previous Bitcoin crashes compare to this week's Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash. Follow our guests: @cbspears @asilayhodling @btcszn2 Notes: - Bitcoin down 30% from $109K to $76K - Markets recovered 9.5% in one day - Terra/Luna crash: 35% drop in one week - FTX collapse: only 30% drop but worst sentiment - US fiscal deficit at $36.7 trillion debt - BitMEX "outage" may have saved 2020 crash Timestamps: 00:00 Start 00:46 Bitcoin crashes, “don't buy it” 06:25 Macro lookback 14:00 Covid crash (march 2020) 23:18 Terra Luna crash (may 2022) 32:16 FTX Crash 38:43 Stay humble, stack sats Learn more about your ad choices. Visit megaphone.fm/adchoices
Ben Beller, Partner at Sullivan & Cromwell LLP Ben Beller, Partner at Sullivan & Cromwell LLP, joins the podcast to walk through how companies can strategically navigate bankruptcy and restructuring during M&A. Drawing from experience on major cases like FTX and Silicon Valley Bank, Ben shares practical insights into Chapter 11 processes, planning strategies, liability management transactions, and how buyers can successfully acquire distressed assets. A must-listen for corporate development professionals, acquirers, and M&A legal teams looking to build competency around distressed transactions. Things you will learn: The differences between Chapter 7, 11, and 13 bankruptcies and when to use each How liability management transactions work and their growing role in restructuring What buyers need to know about acquiring businesses in bankruptcy _______________ What is the Buyer-Led M&A™ Virtual Summit This isn't just another webinar—it's an interactive experience designed to give you the tools and strategies to lead your M&A deals with confidence. This half-day event brings together corporate development leaders and M&A experts to explore Buyer-Led M&A™, showing how you can take control of every stage of the deal. Register Now ________ This episode is sponsored by FirmRoom. The World's Most Intuitive Virtual Data Room With AI Contract Analysis No Per-Page Fees. No B.S. Just Smarter, Faster Deals. Get started with your free trial today! ________ Episode Timestamps: [00:04:00] Ben Beller's background and major bankruptcy cases (FTX, SVB, Mallinckrodt) [00:07:30] Chapter 7 vs. Chapter 11 – key differences [00:11:30] Signs companies should begin planning for bankruptcy [00:14:00] Prepackaged vs. prearranged vs. freefall bankruptcies [00:17:30] Importance of lender relationships and communication [00:22:00] Role of private credit and debt trading in distressed situations [00:28:00] Liability management transactions explained: dropdowns, up tiers, and more [00:35:00] Trends in liability management and how they defer bankruptcy [00:41:00] M&A in bankruptcy: How buyers can seize opportunities [00:46:30] Understanding stalking horse bids and auction dynamics [00:54:30] Common mistakes in buying businesses out of bankruptcy [01:01:00] Bankruptcy reform trends and cost implications
John D'Agostino, Head of Strategy at Coinbase Institutional, joined me to discuss TradFi entering Crypto and how Coinbase is servicing institutions such as BlackRock. John has an incredible story in TradFi that was told in the book Rigged, the True Story of an Ivy League Kid who Changed the World of Oil, written by Ben Mezrich.Topics:- TradFi going all in on Crypto- Coinbase BlackRock Partnership - Tokenization - Stablecoins - Banks entering the Crypto market - Coinbase Institutional roadmap - Crypto in the USShow Sponsor -
Host Christine Lee breaks down the latest news in the crypto industry as South Korea's central bank rejects establishing a bitcoin strategic reserve.South Korea's central bank rejects establishing a bitcoin strategic reserve, Telegram's CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily."-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Epicenter - Learn about Blockchain, Ethereum, Bitcoin and Distributed Technologies
Solana needs no introduction. Ever since its inception, it pushed throughput scaling on a single chain, without the need of sharding or rollups. Despite its ups and downs that culminated at the bottom of the bear market after the FTX crash, it managed to not only survive, but build a vibrant community around crypto's (arguably) most prominent PMF (thus far).Join us for a fascinating discussion and learn about Anatoly's take on controversial topics such as MEV, concurrent block leaders (the equivalent of Ethereum's PBS proposal), L2 rollups, Solana economics, how to tackle potential exploits and more.Topics covered in this episode:How the original Solana vision turned outWhat makes blockchains valuableMEV & program writable accountsConcurrent block proposersCurrent bottlenecks for scaling SolanaMainnet vs. L2 rollupsFiredancer upgradeHalting the network vs. rollbacksSolana's scaling roadmapDoubleZeroWorst hacks on SolanaUI exploits, Bybit hack and smart contract securitySolana economics and the SIMD-0228 proposalFuture improvementsUse cases for blockchainsSolana mobileEpisode links:Anatoly Yakovenko on XSolana on XSolana Mobile on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.oneThis episode is hosted by Brian Fabian Crain & Martin Köppelmann.
Today's blockchain and cryptocurrency news Bitcoin is up half a percent at $83,401 Eth is up slightly at $1,902 XRP, is up slightly at $2.31 CZ says he didn't seek pardon or investment from Trump World Liberty Financial raises $550M in latest token sale Russia using crypto to bypass western sanctions Representatives urge treasury to stop Trump's crypto reserve. Trezor discloses vulnerability in older hardware. 3AC owed more from FTX. Learn more about your ad choices. Visit megaphone.fm/adchoices