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Latent Space: The AI Engineer Podcast — CodeGen, Agents, Computer Vision, Data Science, AI UX and all things Software 3.0
Retrieval After RAG: Hybrid Search, Agents, and Database Design — Simon Hørup Eskildsen of Turbopuffer

Latent Space: The AI Engineer Podcast — CodeGen, Agents, Computer Vision, Data Science, AI UX and all things Software 3.0

Play Episode Listen Later Mar 12, 2026 60:32


Turbopuffer came out of a reading app.In 2022, Simon was helping his friends at Readwise scale their infra for a highly requested feature: article recommendations and semantic search. Readwise was paying ~$5k/month for their relational database and vector search would cost ~$20k/month making the feature too expensive to ship. In 2023 after mulling over the problem from Readwise, Simon decided he wanted to “build a search engine” which became Turbopuffer.We discuss:• Simon's path: Denmark → Shopify infra for nearly a decade → “angel engineering” across startups like Readwise, Replicate, and Causal → turbopuffer almost accidentally becoming a company • The Readwise origin story: building an early recommendation engine right after the ChatGPT moment, seeing it work, then realizing it would cost ~$30k/month for a company spending ~$5k/month total on infra and getting obsessed with fixing that cost structure • Why turbopuffer is “a search engine for unstructured data”: Simon's belief that models can learn to reason, but can't compress the world's knowledge into a few terabytes of weights, so they need to connect to systems that hold truth in full fidelity • The three ingredients for building a great database company: a new workload, a new storage architecture, and the ability to eventually support every query plan customers will want on their data • The architecture bet behind turbopuffer: going all in on object storage and NVMe, avoiding a traditional consensus layer, and building around the cloud primitives that only became possible in the last few years • Why Simon hated operating Elasticsearch at Shopify: years of painful on-call experience shaped his obsession with simplicity, performance, and eliminating state spread across multiple systems • The Cursor story: launching turbopuffer as a scrappy side project, getting an email from Cursor the next day, flying out after a 4am call, and helping cut Cursor's costs by 95% while fixing their per-user economics • The Notion story: buying dark fiber, tuning TCP windows, and eating cross-cloud costs because Simon refused to compromise on architecture just to close a deal faster • Why AI changes the build-vs-buy equation: it's less about whether a company can build search infra internally, and more about whether they have time especially if an external team can feel like an extension of their own • Why RAG isn't dead: coding companies still rely heavily on search, and Simon sees hybrid retrieval semantic, text, regex, SQL-style patterns becoming more important, not less • How agentic workloads are changing search: the old pattern was one retrieval call up front; the new pattern is one agent firing many parallel queries at once, turning search into a highly concurrent tool call • Why turbopuffer is reducing query pricing: agentic systems are dramatically increasing query volume, and Simon expects retrieval infra to adapt to huge bursts of concurrent search rather than a small number of carefully chosen calls • The philosophy of “playing with open cards”: Simon's habit of being radically honest with investors, including telling Lachy Groom he'd return the money if turbopuffer didn't hit PMF by year-end • The “P99 engineer”: Simon's framework for building a talent-dense company, rejecting by default unless someone on the team feels strongly enough to fight for the candidate —Simon Hørup Eskildsen• LinkedIn: https://www.linkedin.com/in/sirupsen• X: https://x.com/Sirupsen• https://sirupsen.com/aboutturbopuffer• https://turbopuffer.com/Full Video PodTimestamps00:00:00 The PMF promise to Lachy Groom00:00:25 Intro and Simon's background00:02:19 What turbopuffer actually is00:06:26 Shopify, Elasticsearch, and the pain behind the company00:10:07 The Readwise experiment that sparked turbopuffer00:12:00 The insight Simon couldn't stop thinking about00:17:00 S3 consistency, NVMe, and the architecture bet00:20:12 The Notion story: latency, dark fiber, and conviction00:25:03 Build vs. buy in the age of AI00:26:00 The Cursor story: early launch to breakout customer00:29:00 Why code search still matters00:32:00 Search in the age of agents00:34:22 Pricing turbopuffer in the AI era00:38:17 Why Simon chose Lachy Groom00:41:28 Becoming a founder on purpose00:44:00 The “P99 engineer” philosophy00:49:30 Bending software to your will00:51:13 The future of turbopuffer00:57:05 Simon's tea obsession00:59:03 Tea kits, X Live, and P99 LiveTranscriptSimon Hørup Eskildsen: I don't think I've said this publicly before, but I just called Lockey and was like, local Lockie. Like if this doesn't have PMF by the end of the year, like we'll just like return all the money to you. But it's just like, I don't really, we, Justine and I don't wanna work on this unless it's really working.So we want to give it the best shot this year and like we're really gonna go for it. We're gonna hire a bunch of people. We're just gonna be honest with everyone. Like when I don't know how to play a game, I just play with open cards. Lockey was the only person that didn't, that didn't freak out. He was like, I've never heard anyone say that before.Alessio: Hey everyone, welcome to the Leading Space podcast. This is Celesio Pando, Colonel Laz, and I'm joined by Swix, editor of Leading Space.swyx: Hello. Hello, uh, we're still, uh, recording in the Ker studio for the first time. Very excited. And today we are joined by Simon Eski. Of Turbo Farer welcome.Simon Hørup Eskildsen: Thank you so much for having me.swyx: Turbo Farer has like really gone on a huge tear, and I, I do have to mention that like you're one of, you're not my newest member of the Danish AHU Mafia, where like there's a lot of legendary programmers that have come out of it, like, uh, beyond Trotro, Rasmus, lado Berg and the V eight team and, and Google Maps team.Uh, you're mostly a Canadian now, but isn't that interesting? There's so many, so much like strong Danish presence.Simon Hørup Eskildsen: Yeah, I was writing a post, um, not that long ago about sort of the influences. So I grew up in Denmark, right? I left, I left when, when I was 18 to go to Canada to, to work at Shopify. Um, and so I, like, I've, I would still say that I feel more Danish than, than Canadian.This is also the weird accent. I can't say th because it, this is like, I don't, you know, my wife is also Canadian, um, and I think. I think like one of the things in, in Denmark is just like, there's just such a ruthless pragmatism and there's also a big focus on just aesthetics. Like, they're like very, people really care about like where, what things look like.Um, and like Canada has a lot of attributes, US has, has a lot of attributes, but I think there's been lots of the great things to carry. I don't know what's in the water in Ahu though. Um, and I don't know that I could be considered part of the Mafi mafia quite yet, uh, compared to the phenomenal individuals we just mentioned.Barra OV is also, uh, Danish Canadian. Okay. Yeah. I don't know where he lives now, but, and he's the PHP.swyx: Yeah. And obviously Toby German, but moved to Canada as well. Yes. Like this is like import that, uh, that, that is an interesting, um, talent move.Alessio: I think. I would love to get from you. Definition of Turbo puffer, because I think you could be a Vector db, which is maybe a bad word now in some circles, you could be a search engine.It's like, let, let's just start there and then we'll maybe run through the history of how you got to this point.Simon Hørup Eskildsen: For sure. Yeah. So Turbo Puffer is at this point in time, a search engine, right? We do full text search and we do vector search, and that's really what we're specialized in. If you're trying to do much more than that, like then this might not be the right place yet, but Turbo Buffer is all about search.The other way that I think about it is that we can take all of the world's knowledge, all of the exabytes and exabytes of data that there is, and we can use those tokens to train a model, but we can't compress all of that into a few terabytes of weights, right? Compress into a few terabytes of weights, how to reason with the world, how to make sense of the knowledge.But we have to somehow connect it to something externally that actually holds that like in full fidelity and truth. Um, and that's the thing that we intend to become. Right? That's like a very holier than now kind of phrasing, right? But being the search engine for unstructured, unstructured data is the focus of turbo puffer at this point in time.Alessio: And let's break down. So people might say, well, didn't Elasticsearch already do this? And then some other people might say, is this search on my data, is this like closer to rag than to like a xr, like a public search thing? Like how, how do you segment like the different types of search?Simon Hørup Eskildsen: The way that I generally think about this is like, there's a lot of database companies and I think if you wanna build a really big database company, sort of, you need a couple of ingredients to be in the air.We don't, which only happens roughly every 15 years. You need a new workload. You basically need the ambition that every single company on earth is gonna have data in your database. Multiple times you look at a company like Oracle, right? You will, like, I don't think you can find a company on earth with a digital presence that it not, doesn't somehow have some data in an Oracle database.Right? And I think at this point, that's also true for Snowflake and Databricks, right? 15 years later it's, or even more than that, there's not a company on earth that doesn't, in. Or directly is consuming Snowflake or, or Databricks or any of the big analytics databases. Um, and I think we're in that kind of moment now, right?I don't think you're gonna find a company over the next few years that doesn't directly or indirectly, um, have all their data available for, for search and connect it to ai. So you need that new workload, like you need something to be happening where there's a new workload that causes that to happen, and that new workload is connecting very large amounts of data to ai.The second thing you need. The second condition to build a big database company is that you need some new underlying change in the storage architecture that is not possible from the databases that have come before you. If you look at Snowflake and Databricks, right, commoditized, like massive fleet of HDDs, like that was not possible in it.It just wasn't in the air in the nineties, right? So you just didn't, we just didn't build these systems. S3 and and and so on was not around. And I think the architecture that is now possible that wasn't possible 15 years ago is to go all in on NVME SSDs. It requires a particular type of architecture for the database that.It's difficult to retrofit onto the databases that are already there, including the ones you just mentioned. The second thing is to go all in on OIC storage, more so than we could have done 15 years ago. Like we don't have a consensus layer, we don't really have anything. In fact, you could turn off all the servers that Turbo Buffer has, and we would not lose any data because we have all completely all in on OIC storage.And this means that our architecture is just so simple. So that's the second condition, right? First being a new workload. That means that every company on earth, either indirectly or directly, is using your database. Second being, there's some new storage architecture. That means that the, the companies that have come before you can do what you're doing.I think the third thing you need to do to build a big database company is that over time you have to implement more or less every Cory plan on the data. What that means is that you. You can't just get stuck in, like, this is the one thing that a database does. It has to be ever evolving because when someone has data in the database, they over time expect to be able to ask it more or less every question.So you have to do that to get the storage architecture to the limit of what, what it's capable of. Those are the three conditions.swyx: I just wanted to get a little bit of like the motivation, right? Like, so you left Shopify, you're like principal, engineer, infra guy. Um, you also head of kernel labs, uh, inside of Shopify, right?And then you consulted for read wise and that it kind of gave you that, that idea. I just wanted you to tell that story. Um, maybe I, you've told it before, but, uh, just introduce the, the. People to like the, the new workload, the sort of aha moment for turbo PufferSimon Hørup Eskildsen: For sure. So yeah, I spent almost a decade at Shopify.I was on the infrastructure team, um, from the fairly, fairly early days around 2013. Um, at the time it felt like it was growing so quickly and everything, all the metrics were, you know, doubling year on year compared to the, what companies are contending with today. It's very cute in growth. I feel like lot some companies are seeing that month over month.Um, of course. Shopify compound has been compounding for a very long time now, but I spent a decade doing that and the majority of that was just make sure the site is up today and make sure it's up a year from now. And a lot of that was really just the, um, you know, uh, the Kardashians would drive very, very large amounts of, of data to, to uh, to Shopify as they were rotating through all the merch and building out their businesses.And we just needed to make sure we could handle that. Right. And sometimes these were events, a million requests per second. And so, you know, we, we had our own data centers back in the day and we were moving to the cloud and there was so much sharding work and all of that that we were doing. So I spent a decade just scaling databases ‘cause that's fundamentally what's the most difficult thing to scale about these sites.The database that was the most difficult for me to scale during that time, and that was the most aggravating to be on call for, was elastic search. It was very, very difficult to deal with. And I saw a lot of projects that were just being held back in their ambition by using it.swyx: And I mean, self-hosted.Self-hosted. ‘causeSimon Hørup Eskildsen: it's, yeah, and it commercial, this is like 2015, right? So it's like a very particular vintage. Right. It's probably better at a lot of these things now. Um, it was difficult to contend with and I'm just like, I just think about it. It's an inverted index. It should be good at these kinds of queries and do all of this.And it was, we, we often couldn't get it to do exactly what we needed to do or basically get lucine to do, like expose lucine raw to, to, to what we needed to do. Um, so that was like. Just something that we did on the side and just panic scaled when we needed to, but not a particular focus of mine. So I left, and when I left, I, um, wasn't sure exactly what I wanted to do.I mean, it spent like a decade inside of the same company. I'd like grown up there. I started working there when I was 18.swyx: You only do Rails?Simon Hørup Eskildsen: Yeah. I mean, yeah. Rails. And he's a Rails guy. Uh, love Rails. So good. Um,Alessio: we all wish we could still work in Rails.swyx: I know know. I know, but some, I tried learning Ruby.It's just too much, like too many options to do the same thing. It's, that's my, I I know there's a, there's a way to do it.Simon Hørup Eskildsen: I love it. I don't know that I would use it now, like given cloud code and, and, and cursor and everything, but, um, um, but still it, like if I'm just sitting down and writing a teal code, that's how I think.But anyway, I left and I wasn't, I talked to a couple companies and I was like, I don't. I need to see a little bit more of the world here to know what I'm gonna like focus on next. Um, and so what I decided is like I was gonna, I called it like angel engineering, where I just hopped around in my friend's companies in three months increments and just helped them out with something.Right. And, and just vested a bit of equity and solved some interesting infrastructure problem. So I worked with a bunch of companies at the time, um, read Wise was one of them. Replicate was one of them. Um, causal, I dunno if you've tried this, it's like a, it's a spreadsheet engine Yeah. Where you can do distribution.They sold recently. Yeah. Um, we've been, we used that in fp and a at, um, at Turbo Puffer. Um, so a bunch of companies like this and it was super fun. And so we're the Chachi bt moment happened, I was with. With read Wise for a stint, we were preparing for the reader launch, right? Which is where you, you cue articles and read them later.And I was just getting their Postgres up to snuff, like, which basically boils down to tuning, auto vacuum. So I was doing that and then this happened and we were like, oh, maybe we should build a little recommendation engine and some features to try to hook in the lms. They were not that good yet, but it was clear there was something there.And so I built a small recommendation engine just, okay, let's take the articles that you've recently read, right? Like embed all the articles and then do recommendations. It was good enough that when I ran it on one of the co-founders of Rey's, like I found out that I got articles about, about having a child.I'm like, oh my God, I didn't, I, I didn't know that, that they were having a child. I wasn't sure what to do with that information, but the recommendation engine was good enough that it was suggesting articles, um, about that. And so there was, there was recommendations and uh, it actually worked really well.But this was a company that was spending maybe five grand a month in total on all their infrastructure and. When I did the napkin math on running the embeddings of all the articles, putting them into a vector index, putting it in prod, it's gonna be like 30 grand a month. That just wasn't tenable. Right?Like Read Wise is a proudly bootstrapped company and it's paying 30 grand for infrastructure for one feature versus five. It just wasn't tenable. So sort of in the bucket of this is useful, it's pretty good, but let us, let's return to it when the costs come down.swyx: Did you say it grows by feature? So for five to 30 is by the number of, like, what's the, what's the Scaling factor scale?It scales by the number of articles that you embed.Simon Hørup Eskildsen: It does, but what I meant by that is like five grand for like all of the other, like the Heroku, dinos, Postgres, like all the other, and this then storage is 30. Yeah. And then like 30 grand for one feature. Right. Which is like, what other articles are related to this one.Um, so it was just too much right to, to power everything. Their budget would've been maybe a few thousand dollars, which still would've been a lot. And so we put it in a bucket of, okay, we're gonna do that later. We'll wait, we will wait for the cost to come down. And that haunted me. I couldn't stop thinking about it.I was like, okay, there's clearly some latent demand here. If the cost had been a 10th, we would've shipped it and. This was really the only data point that I had. Right. I didn't, I, I didn't, I didn't go out and talk to anyone else. It was just so I started reading Right. I couldn't, I couldn't help myself.Like I didn't know what like a vector index is. I, I generally barely do about how to generate the vectors. There was a lot of hype about, this is a early 2023. There was a lot of hype about vector databases. There were raising a lot of money and it's like, I really didn't know anything about it. It's like, you know, trying these little models, fine tuning them.Like I was just trying to get sort of a lay of the land. So I just sat down. I have this. A GitHub repository called Napkin Math. And on napkin math, there's just, um, rows of like, oh, this is how much bandwidth. Like this is how many, you know, you can do 25 gigabytes per second on average to dram. You can do, you know, five gigabytes per second of rights to an SSD, blah blah.All of these numbers, right? And S3, how many you could do per, how much bandwidth can you drive per connection? I was just sitting down, I was like, why hasn't anyone build a database where you just put everything on O storage and then you puff it into NVME when you use the data and you puff it into dram if you're, if you're querying it alive, it's just like, this seems fairly obvious and you, the only real downside to that is that if you go all in on o storage, every right will take a couple hundred milliseconds of latency, but from there it's really all upside, right?You do the first go, it takes half a second. And it sort of occurred to me as like, well. The architecture is really good for that. It's really good for AB storage, it's really good for nvm ESSD. It's, well, you just couldn't have done that 10 years ago. Back to what we were talking about before. You really have to build a database where you have as few round trips as possible, right?This is how CPUs work today. It's how NVM E SSDs work. It's how as, um, as three works that you want to have a very large amount of outstanding requests, right? Like basically go to S3, do like that thousand requests to ask for data in one round trip. Wait for that. Get that, like, make a new decision. Do it again, and try to do that maybe a maximum of three times.But no databases were designed that way within NVME as is ds. You can drive like within, you know, within a very low multiple of DRAM bandwidth if you use it that way. And same with S3, right? You can fully max out the network card, which generally is not maxed out. You get very, like, very, very good bandwidth.And, but no one had built a database like that. So I was like, okay, well can't you just, you know, take all the vectors right? And plot them in the proverbial coordinate system. Get the clusters, put a file on S3 called clusters, do json, and then put another file for every cluster, you know, cluster one, do js O cluster two, do js ON you know that like it's two round trips, right?So you get the clusters, you find the closest clusters, and then you download the cluster files like the, the closest end. And you could do this in two round trips.swyx: You were nearest neighbors locally.Simon Hørup Eskildsen: Yes. Yes. And then, and you would build this, this file, right? It's just like ultra simplistic, but it's not a far shot from what the first version of Turbo Buffer was.Why hasn't anyone done thatAlessio: in that moment? From a workload perspective, you're thinking this is gonna be like a read heavy thing because they're doing recommend. Like is the fact that like writes are so expensive now? Oh, with ai you're actually not writing that much.Simon Hørup Eskildsen: At that point I hadn't really thought too much about, well no actually it was always clear to me that there was gonna be a lot of rights because at Shopify, the search clusters were doing, you know, I don't know, tens or hundreds of crew QPS, right?‘cause you just have to have a human sit and type in. But we did, you know, I don't know how many updates there were per second. I'm sure it was in the millions, right into the cluster. So I always knew there was like a 10 to 100 ratio on the read write. In the read wise use case. It's, um, even, even in the read wise use case, there'd probably be a lot fewer reads than writes, right?There's just a lot of churn on the amount of stuff that was going through versus the amount of queries. Um, I wasn't thinking too much about that. I was mostly just thinking about what's the fundamentally cheapest way to build a database in the cloud today using the primitives that you have available.And this is it, right? You just, now you have one machine and you know, let's say you have a terabyte of data in S3, you paid the $200 a month for that, and then maybe five to 10% of that data and needs to be an NV ME SSDs and less than that in dram. Well. You're paying very, very little to inflate the data.swyx: By the way, when you say no one else has done that, uh, would you consider Neon, uh, to be on a similar path in terms of being sort of S3 first and, uh, separating the compute and storage?Simon Hørup Eskildsen: Yeah, I think what I meant with that is, uh, just build a completely new database. I don't know if we were the first, like it was very much, it was, I mean, I, I hadn't, I just looked at the napkin math and was like, this seems really obvious.So I'm sure like a hundred people came up with it at the same time. Like the light bulb and every invention ever. Right. It was just in the air. I think Neon Neon was, was first to it. And they're trying, they're retrofitted onto Postgres, right? And then they built this whole architecture where you have, you have it in memory and then you sort of.You know, m map back to S3. And I think that was very novel at the time to do it for, for all LTP, but I hadn't seen a database that was truly all in, right. Not retrofitting it. The database felt built purely for this no consensus layer. Even using compare and swap on optic storage to do consensus. I hadn't seen anyone go that all in.And I, I mean, there, there, I'm sure there was someone that did that before us. I don't know. I was just looking at the napkin mathswyx: and, and when you say consensus layer, uh, are you strongly relying on S3 Strong consistency? You are. Okay.SoSimon Hørup Eskildsen: that is your consensus layer. It, it is the consistency layer. And I think also, like, this is something that most people don't realize, but S3 only became consistent in December of 2020.swyx: I remember this coming out during COVID and like people were like, oh, like, it was like, uh, it was just like a free upgrade.Simon Hørup Eskildsen: Yeah.swyx: They were just, they just announced it. We saw consistency guys and like, okay, cool.Simon Hørup Eskildsen: And I'm sure that they just, they probably had it in prod for a while and they're just like, it's done right.And people were like, okay, cool. But. That's a big moment, right? Like nv, ME SSDs, were also not in the cloud until around 2017, right? So you just sort of had like 2017 nv, ME SSDs, and people were like, okay, cool. There's like one skew that does this, whatever, right? Takes a few years. And then the second thing is like S3 becomes consistent in 2020.So now it means you don't have to have this like big foundation DB or like zookeeper or whatever sitting there contending with the keys, which is how. You know, that's what Snowflake and others have do so muchswyx: for goneSimon Hørup Eskildsen: Exactly. Just gone. Right? And so just push to the, you know, whatever, how many hundreds of people they have working on S3 solved and then compare and swap was not in S3 at this point in time,swyx: by the way.Uh, I don't know what that is, so maybe you wanna explain. Yes. Yeah.Simon Hørup Eskildsen: Yes. So, um, what Compare and swap is, is basically, you can imagine that if you have a database, it might be really nice to have a file called metadata json. And metadata JSON could say things like, Hey, these keys are here and this file means that, and there's lots of metadata that you have to operate in the database, right?But that's the simplest way to do it. So now you have might, you might have a lot of servers that wanna change the metadata. They might have written a file and want the metadata to contain that file. But you have a hundred nodes that are trying to contend with this metadata that JSON well, what compare and Swap allows you to do is basically just you download the file, you make the modifications, and then you write it only if it hasn't changed.While you did the modification and if not you retry. Right? Should just have this retry loops. Now you can imagine if you have a hundred nodes doing that, it's gonna be really slow, but it will converge over time. That primitive was not available in S3. It wasn't available in S3 until late 2024, but it was available in GCP.The real story of this is certainly not that I sat down and like bake brained it. I was like, okay, we're gonna start on GCS S3 is gonna get it later. Like it was really not that we started, we got really lucky, like we started on GCP and we started on GCP because tur um, Shopify ran on GCP. And so that was the platform I was most available with.Right. Um, and I knew the Canadian team there ‘cause I'd worked with them at Shopify and so it was natural for us to start there. And so when we started building the database, we're like, oh yeah, we have to build a, we really thought we had to build a consensus layer, like have a zookeeper or something to do this.But then we discovered the compare and swap. It's like, oh, we can kick the can. Like we'll just do metadata r json and just, it's fine. It's probably fine. Um, and we just kept kicking the can until we had very, very strong conviction in the idea. Um, and then we kind of just hinged the company on the fact that S3 probably was gonna get this, it started getting really painful in like mid 2024.‘cause we were closing deals with, um, um, notion actually that was running in AWS and we're like, trust us. You, you really want us to run this in GCP? And they're like, no, I don't know about that. Like, we're running everything in AWS and the latency across the cloud were so big and we had so much conviction that we bought like, you know, dark fiber between the AWS regions in, in Oregon, like in the InterExchange and GCP is like, we've never seen a startup like do like, what's going on here?And we're just like, no, we don't wanna do this. We were tuning like TCP windows, like everything to get the latency down ‘cause we had so high conviction in not doing like a, a metadata layer on S3. So those were the three conditions, right? Compare and swap. To do metadata, which wasn't in S3 until late 2024 S3 being consistent, which didn't happen until December, 2020.Uh, 2020. And then NVMe ssd, which didn't end in the cloud until 2017.swyx: I mean, in some ways, like a very big like cloud success story that like you were able to like, uh, put this all together, but also doing things like doing, uh, bind our favor. That that actually is something I've never heard.Simon Hørup Eskildsen: I mean, it's very common when you're a big company, right?You're like connecting your own like data center or whatever. But it's like, it was uniquely just a pain with notion because the, um, the org, like most of the, like if you're buying in Ashburn, Virginia, right? Like US East, the Google, like the GCP and, and AWS data centers are like within a millisecond on, on each other, on the public exchanges.But in Oregon uniquely, the GCP data center sits like a couple hundred kilometers, like east of Portland and the AWS region sits in Portland, but the network exchange they go through is through Seattle. So it's like a full, like 14 milliseconds or something like that. And so anyway, yeah. It's, it's, so we were like, okay, we can't, we have to go through an exchange in Portland.Yeah. Andswyx: you'd rather do this than like run your zookeeper and likeSimon Hørup Eskildsen: Yes. Way rather. It doesn't have state, I don't want state and two systems. Um, and I think all that is just informed by Justine, my co-founder and I had just been on call for so long. And the worst outages are the ones where you have state in multiple places that's not syncing up.So it really came from, from a a, like just a, a very pure source of pain, of just imagining what we would be Okay. Being woken up at 3:00 AM about and having something in zookeeper was not one of them.swyx: You, you're talking to like a notion or something. Do they care or do they just, theySimon Hørup Eskildsen: just, they care about latency.swyx: They latency cost. That's it.Simon Hørup Eskildsen: They just cared about latency. Right. And we just absorbed the cost. We're just like, we have high conviction in this. At some point we can move them to AWS. Right. And so we just, we, we'll buy the fiber, it doesn't matter. Right. Um, and it's like $5,000. Usually when you buy fiber, you buy like multiple lines.And we're like, we can only afford one, but we will just test it that when it goes over the public internet, it's like super smooth. And so we did a lot of, anyway, it's, yeah, it was, that's cool.Alessio: You can imagine talking to the GCP rep and it's like, no, we're gonna buy, because we know we're gonna turn, we're gonna turn from you guys and go to AWS in like six months.But in the meantime we'll do this. It'sSimon Hørup Eskildsen: a, I mean, like they, you know, this workload still runs on GCP for what it's worth. Right? ‘cause it's so, it was just, it was so reliable. So it was never about moving off GCP, it was just about honesty. It was just about giving notion the latency that they deserved.Right. Um, and we didn't want ‘em to have to care about any of this. We also, they were like, oh, egress is gonna be bad. It was like, okay, screw it. Like we're just gonna like vvc, VPC peer with you and AWS we'll eat the cost. Yeah. Whatever needs to be done.Alessio: And what were the actual workloads? Because I think when you think about ai, it's like 14 milliseconds.It's like really doesn't really matter in the scheme of like a model generation.Simon Hørup Eskildsen: Yeah. We were told the latency, right. That we had to beat. Oh, right. So, so we're just looking at the traces. Right. And then sort of like hand draw, like, you know, kind of like looking at the trace and then thinking what are the other extensions of the trace?Right. And there's a lot more to it because it's also when you have, if you have 14 versus seven milliseconds, right. You can fit in another round trip. So we had to tune TCP to try to send as much data in every round trip, prewarm all the connections. And there was, there's a lot of things that compound from having these kinds of round trips, but in the grand scheme it was just like, well, we have to beat the latency of whatever we're up against.swyx: Which is like they, I mean, notion is a database company. They could have done this themselves. They, they do lots of database engineering themselves. How do you even get in the door? Like Yeah, just like talk through that kind of.Simon Hørup Eskildsen: Last time I was in San Francisco, I was talking to one of the engineers actually, who, who was one of our champions, um, at, AT Notion.And they were, they were just trying to make sure that the, you know, per user cost matched the economics that they needed. You know, Uhhuh like, it's like the way I think about, it's like I have to earn a return on whatever the clouds charge me and then my customers have to earn a return on that. And it's like very simple, right?And so there has to be gross margin all the way up and that's how you build the product. And so then our customers have to make the right set of trade off the turbo Puffer makes, and if they're happy with that, that's great.swyx: Do you feel like you're competing with build internally versus buy or buy versus buy?Simon Hørup Eskildsen: Yeah, so, sorry, this was all to build up to your question. So one of the notion engineers told me that they'd sat and probably on a napkin, like drawn out like, why hasn't anyone built this? And then they saw terrible. It was like, well, it literally that. So, and I think AI has also changed the buy versus build equation in terms of, it's not really about can we build it, it's about do we have time to build it?I think they like, I think they felt like, okay, if this is a team that can do that and they, they feel enough like an extension of our team, well then we can go a lot faster, which would be very, very good for them. And I mean, they put us through the, through the test, right? Like we had some very, very long nights to to, to do that POC.And they were really our biggest, our second big customer off the cursor, which also was a lot of late nights. Right.swyx: Yeah. That, I mean, should we go into that story? The, the, the sort of Chris's story, like a lot, um, they credit you a lot for. Working very closely with them. So I just wanna hear, I've heard this, uh, story from Sole's point of view, but like, I'm curious what, what it looks like from your side.Simon Hørup Eskildsen: I actually haven't heard it from Sole's point of view, so maybe you can now cross reference it. The way that I remember it was that, um, the day after we launched, which was just, you know, I'd worked the whole summer on, on the first version. Justine wasn't part of it yet. ‘cause I just, I didn't tell anyone that summer that I was working on this.I was just locked in on building it because it's very easy otherwise to confuse talking about something to actually doing it. And so I was just like, I'm not gonna do that. I'm just gonna do the thing. I launched it and at this point turbo puffer is like a rust binary running on a single eight core machine in a T Marks instance.And me deploying it was like looking at the request log and then like command seeing it or like control seeing it to just like, okay, there's no request. Let's upgrade the binary. Like it was like literally the, the, the, the scrappiest thing. You could imagine it was on purpose because just like at Shopify, we did that all the time.Like, we like move, like we ran things in tux all the time to begin with. Before something had like, at least the inkling of PMF, it was like, okay, is anyone gonna hear about this? Um, and one of the cursor co-founders Arvid reached out and he just, you know, the, the cursor team are like all I-O-I-I-M-O like, um, contenders, right?So they just speak in bullet points and, and facts. It was like this amazing email exchange just of, this is how many QPS we have, this is what we're paying, this is where we're going, blah, blah, blah. And so we're just conversing in bullet points. And I tried to get a call with them a few times, but they were, so, they were like really writing the PMF bowl here, just like late 2023.And one time Swally emails me at like five. What was it like 4:00 AM Pacific time saying like, Hey, are you open for a call now? And I'm on the East coast and I, it was like 7:00 AM I was like, yeah, great, sure, whatever. Um, and we just started talking and something. Then I didn't know anything about sales.It was something that just comp compelled me. I have to go see this team. Like, there's something here. So I, I went to San Francisco and I went to their office and the way that I remember it is that Postgres was down when I showed up at the office. Did SW tell you this? No. Okay. So Postgres was down and so it's like they were distracting with that.And I was trying my best to see if I could, if I could help in any way. Like I knew a little bit about databases back to tuning, auto vacuum. It was like, I think you have to tune out a vacuum. Um, and so we, we talked about that and then, um, that evening just talked about like what would it look like, what would it look like to work with us?And I just said. Look like we're all in, like we will just do what we'll do whatever, whatever you tell us, right? They migrated everything over the next like week or two, and we reduced their cost by 95%, which I think like kind of fixed their per user economics. Um, and it solved a lot of other things. And we were just, Justine, this is also when I asked Justine to come on as my co-founder, she was the best engineer, um, that I ever worked with at Shopify.She lived two blocks away and we were just, okay, we're just gonna get this done. Um, and we did, and so we helped them migrate and we just worked like hell over the next like month or two to make sure that we were never an issue. And that was, that was the cursor story. Yeah.swyx: And, and is code a different workload than normal text?I, I don't know. Is is it just text? Is it the same thing?Simon Hørup Eskildsen: Yeah, so cursor's workload is basically, they, um, they will embed the entire code base, right? So they, they will like chunk it up in whatever they would, they do. They have their own embedding model, um, which they've been public about. Um, and they find that on, on, on their evals.It. There's one of their evals where it's like a 25% improvement on a very particular workload. They have a bunch of blog posts about it. Um, I think it works best on larger code basis, but they've trained their own embedding model to do this. Um, and so you'll see it if you use the cursor agent, it will do searches.And they've also been public around, um, how they've, I think they post trained their model to be very good at semantic search as well. Um, and that's, that's how they use it. And so it's very good at, like, can you find me on the code that's similar to this, or code that does this? And just in, in this queries, they also use GR to supplement it.swyx: Yeah.Simon Hørup Eskildsen: Um, of courseswyx: it's been a big topic of discussion like, is rag dead because gr you know,Simon Hørup Eskildsen: and I mean like, I just, we, we see lots of demand from the coding company to ethicsswyx: search in every part. Yes.Simon Hørup Eskildsen: Uh, we, we, we see demand. And so, I mean, I'm. I like case studies. I don't like, like just doing like thought pieces on this is where it's going.And like trying to be all macroeconomic about ai, that's has turned out to be a giant waste of time because no one can really predict any of this. So I just collect case studies and I mean, cursor has done a great job talking about what they're doing and I hope some of the other coding labs that use Turbo Puffer will do the same.Um, but it does seem to make a difference for particular queries. Um, I mean we can also do text, we can also do RegX, but I should also say that cursors like security posture into Tur Puffer is exceptional, right? They have their own embedding model, which makes it very difficult to reverse engineer. They obfuscate the file paths.They like you. It's very difficult to learn anything about a code base by looking at it. And the other thing they do too is that for their customers, they encrypt it with their encryption keys in turbo puffer's bucket. Um, so it's, it's, it's really, really well designed.swyx: And so this is like extra stuff they did to work with you because you are not part of Cursor.Exactly like, and this is just best practice when working in any database, not just you guys. Okay. Yeah, that makes sense. Yeah. I think for me, like the, the, the learning is kind of like you, like all workloads are hybrid. Like, you know, uh, like you, you want the semantic, you want the text, you want the RegX, you want sql.I dunno. Um, but like, it's silly to like be all in on like one particularly query pattern.Simon Hørup Eskildsen: I think, like I really like the way that, um, um, that swally at cursor talks about it, which is, um, I'm gonna butcher it here. Um, and you know, I'm a, I'm a database scalability person. I'm not a, I, I dunno anything about training models other than, um, what the internet tells me and what.The way he describes is that this is just like cash compute, right? It's like you have a point in time where you're looking at some particular context and focused on some chunk and you say, this is the layer of the neural net at this point in time. That seems fundamentally really useful to do cash compute like that.And, um, how the value of that will change over time. I'm, I'm not sure, but there seems to be a lot of value in that.Alessio: Maybe talk a bit about the evolution of the workload, because even like search, like maybe two years ago it was like one search at the start of like an LLM query to build the context. Now you have a gentech search, however you wanna call it, where like the model is both writing and changing the code and it's searching it again later.Yeah. What are maybe some of the new types of workloads or like changes you've had to make to your architecture for it?Simon Hørup Eskildsen: I think you're right. When I think of rag, I think of, Hey, there's an 8,000 token, uh, context window and you better make it count. Um, and search was a way to do that now. Everything is moving towards the, just let the agent do its thing.Right? And so back to the thing before, right? The LLM is very good at reasoning with the data, and so we're just the tool call, right? And that's increasingly what we see our customers doing. Um, what we're seeing more demand from, from our customers now is to do a lot of concurrency, right? Like Notion does a ridiculous amount of queries in every round trip just because they can't.And I'm also now, when I use the cursor agent, I also see them doing more concurrency than I've ever seen before. So a bit similar to how we designed a database to drive as much concurrency in every round trip as possible. That's also what the agents are doing. So that's new. It means just an enormous amount of queries all at once to the dataset while it's warm in as few turns as possible.swyx: Can I clarify one thing on that?Simon Hørup Eskildsen: Yes.swyx: Is it, are they batching multiple users or one user is driving multiple,Simon Hørup Eskildsen: one user driving multiple, one agent driving.swyx: It's parallel searching a bunch of things.Simon Hørup Eskildsen: Exactly.swyx: Yeah. Yeah, exactly. So yeah, the clinician also did, did this for the fast context thing, like eight parallel at once.Simon Hørup Eskildsen: Yes.swyx: And, and like an interesting problem is, well, how do you make sure you have enough diversity so you're not making the the same request eight times?Simon Hørup Eskildsen: And I think like that's probably also where the hybrid comes in, where. That's another way to diversify. It's a completely different way to, to do the search.That's a big change, right? So before it was really just like one call and then, you know, the LLM took however many seconds to return, but now we just see an enormous amount of queries. So the, um, we just see more queries. So we've like tried to reduce query, we've reduced query pricing. Um, this is probably the first time actually I'm saying that, but the query pricing is being reduced, like five x.Um, and we'll probably try to reduce it even more to accommodate some of these workloads of just doing very large amounts of queries. Um, that's one thing that's changed. I think the right, the right ratio is still very high, right? Like there's still a, an enormous amount of rights per read, but we're starting probably to see that change if people really lean into this pattern.Alessio: Can we talk a little bit about the pricing? I'm curious, uh, because traditionally a database would charge on storage, but now you have the token generation that is so expensive, where like the actual. Value of like a good search query is like much higher because they're like saving inference time down the line.How do you structure that as like, what are people receptive to on the other side too?Simon Hørup Eskildsen: Yeah. I, the, the turbo puffer pricing in the beginning was just very simple. The pricing on these on for search engines before Turbo Puffer was very server full, right? It was like, here's the vm, here's the per hour cost, right?Great. And I just sat down with like a piece of paper and said like, if Turbo Puffer was like really good, this is probably what it would cost with a little bit of margin. And that was the first pricing of Turbo Puffer. And I just like sat down and I was like, okay, like this is like probably the storage amp, but whenever on a piece of paper I, it was vibe pricing.It was very vibe price, and I got it wrong. Oh. Um, well I didn't get it wrong, but like Turbo Puffer wasn't at the first principle pricing, right? So when Cursor came on Turbo Puffer, it was like. Like, I didn't know any VCs. I didn't know, like I was just like, I don't know, I didn't know anything about raising money or anything like that.I just saw that my GCP bill was, was high, was a lot higher than the cursor bill. So Justine and I was just like, well, we have to optimize it. Um, and I mean, to the chagrin now of, of it, of, of the VCs, it now means that we're profitable because we've had so much pricing pressure in the beginning. Because it was running on my credit card and Justine and I had spent like, like tens of thousands of dollars on like compute bills and like spinning off the company and like very like, like bad Canadian lawyers and like things like to like get all of this done because we just like, we didn't know.Right. If you're like steeped in San Francisco, you're just like, you just know. Okay. Like you go out, raise a pre-seed round. I, I never heard a word pre-seed at this point in time.swyx: When you had Cursor, you had Notion you, you had no funding.Simon Hørup Eskildsen: Um, with Cursor we had no funding. Yeah. Um, by the time we had Notion Locke was, Locke was here.Yeah. So it was really just, we vibe priced it 100% from first Principles, but it wasn't, it, it was not performing at first principles, so we just did everything we could to optimize it in the beginning for that, so that at least we could have like a 5% margin or something. So I wasn't freaking out because Cursor's bill was also going like this as they were growing.And so my liability and my credit limit was like actively like calling my bank. It was like, I need a bigger credit. Like it was, yeah. Anyway, that was the beginning. Yeah. But the pricing was, yeah, like storage rights and query. Right. And the, the pricing we have today is basically just that pricing with duct tape and spit to try to approach like, you know, like a, as a margin on the physical underlying hardware.And we're doing this year, you're gonna see more and more pricing changes from us. Yeah.swyx: And like is how much does stuff like VVC peering matter because you're working in AWS land where egress is charged and all that, you know.Simon Hørup Eskildsen: We probably don't like, we have like an enterprise plan that just has like a base fee because we haven't had time to figure out SKU pricing for all of this.Um, but I mean, yeah, you can run turbo puffer either in SaaS, right? That's what Cursor does. You can run it in a single tenant cluster. So it's just you. That's what Notion does. And then you can run it in, in, in BYOC where everything is inside the customer's VPC, that's what an for example, philanthropic does.swyx: What I'm hearing is that this is probably the best CRO job for somebody who can come in and,Simon Hørup Eskildsen: I mean,swyx: help you with this.Simon Hørup Eskildsen: Um, like Turbo Puffer hired, like, I don't know what, what number this was, but we had a full-time CFO as like the 12th hire or something at Turbo Puffer, um, I think I hear are a lot of comp.I don't know how they do it. Like they have a hundred employees and not a CFO. It's like having a CFO is like a runningswyx: business man. Like, you know,Simon Hørup Eskildsen: it's so good. Yeah, like money Mike, like he just, you know, just handles the money and a lot of the business stuff and so he came in and just hopped with a lot of the operational side of the business.So like C-O-O-C-F-O, like somewhere in between.swyx: Just as quick mention of Lucky, just ‘cause I'm curious, I've met Lock and like, he's obviously a very good investor and now on physical intelligence, um, I call it generalist super angel, right? He invests in everything. Um, and I always wonder like, you know, is there something appealing about focusing on developer tooling, focusing on databases, going like, I've invested for 10 years in databases versus being like a lock where he can maybe like connect you to all the customers that you need.Simon Hørup Eskildsen: This is an excellent question. No, no one's asked me this. Um, why lockey? Because. There was a couple of people that we were talking to at the time and when we were raising, we were almost a little, we were like a bit distressed because one of our, one of our peers had just launched something that was very similar to Turbo Puffer.And someone just gave me the advice at the time of just choose the person where you just feel like you can just pick up the phone and not prepare anything. And just be completely honest, and I don't think I've said this publicly before, but I just called Lockey and was like local Lockie. Like if this doesn't have PMF by the end of the year, like we'll just like return all the money to you.But it's just like, I don't really, we, Justine and I don't wanna work on this unless it's really working. So we want to give it the best shot this year and like we're really gonna go for it. We're gonna hire a bunch of people and we're just gonna be honest with everyone. Like when I don't know how to play a game, I just play with open cards and.Lockey was the only person that didn't, that didn't freak out. He was like, I've never heard anyone say that before. As I said, I didn't even know what a seed or pre-seed round was like before, probably even at this time. So I was just like very honest with him. And I asked him like, Lockie, have you ever have, have you ever invested in database company?He was just like, no. And at the time I was like, am I dumb? Like, but I think there was something that just like really drew me to Lockie. He is so authentic, so honest, like, and there was something just like, I just felt like I could just play like, just say everything openly. And that was, that was, I think that that was like a perfect match at the time, and, and, and honestly still is.He was just like, okay, that's great. This is like the most honest, ridiculous thing I've ever heard anyone say to me. But like that, like that, whyswyx: is this ridiculous? Say competitor launch, this may not work out. It wasSimon Hørup Eskildsen: more just like. If this doesn't work out, I'm gonna close up shop by the end of the mo the year, right?Like it was, I don't know, maybe it's common. I, I don't know. He told me it was uncommon. I don't know. Um, that's why we chose him and he'd been phenomenal. The other people were talking at the, at the time were database experts. Like they, you know, knew a lot about databases and Locke didn't, this turned out to be a phenomenal asset.Right. I like Justine and I know a lot about databases. The people that we hire know a lot about databases. What we needed was just someone who didn't know a lot about databases, didn't pretend to know a lot about databases, and just wanted to help us with candidates and customers. And he did. Yeah. And I have a list, right, of the investors that I have a relationship with, and Lockey has just performed excellent in the number of sub bullets of what we can attribute back to him.Just absolutely incredible. And when people talk about like no ego and just the best thing for the founder, I like, I don't think that anyone, like even my lawyer is like, yeah, Lockey is like the most friendly person you will find.swyx: Okay. This is my most glow recommendation I've ever heard.Alessio: He deserves it.He's very special.swyx: Yeah. Yeah. Yeah. Okay. Amazing.Alessio: Since you mentioned candidates, maybe we can talk about team building, you know, like, especially in sf, it feels like it's just easier to start a company than to join a company. Uh, I'm curious your experience, especially not being n SF full-time and doing something that is maybe, you know, a very low level of detail and technical detail.Simon Hørup Eskildsen: Yeah. So joining versus starting, I never thought that I would be a founder. I would start with it, like Turbo Puffer started as a blog post, and then it became a project and then sort of almost accidentally became a company. And now it feels like it's, it's like becoming a bigger company. That was never the intention.The intentions were very pure. It's just like, why hasn't anyone done this? And it's like, I wanna be the, like, I wanna be the first person to do it. I think some founders have this, like, I could never work for anyone else. I, I really don't feel that way. Like, it's just like, I wanna see this happen. And I wanna see it happen with some people that I really enjoy working with and I wanna have fun doing it and this, this, this has all felt very natural on that, on that sense.So it was never a like join versus versus versus found. It was just dis found me at the right moment.Alessio: Well I think there's an argument for, you should have joined Cursor, right? So I'm curious like how you evaluate it. Okay, I should actually go raise money and make this a company versus like, this is like a company that is like growing like crazy.It's like an interesting technical problem. I should just build it within Cursor and then they don't have to encrypt all this stuff. They don't have to obfuscate things. Like was that on your mind at all orSimon Hørup Eskildsen: before taking the, the small check from Lockie, I did have like a hard like look at myself in the mirror of like, okay, do I really want to do this?And because if I take the money, I really have to do it right. And so the way I almost think about it's like you kind of need to ha like you kind of need to be like fucked up enough to want to go all the way. And that was the conversation where I was like, okay, this is gonna be part of my life's journey to build this company and do it in the best way that I possibly can't.Because if I ask people to join me, ask people to get on the cap table, then I have an ultimate responsibility to give it everything. And I don't, I think some people, it doesn't occur to me that everyone takes it that seriously. And maybe I take it too seriously, I don't know. But that was like a very intentional moment.And so then it was very clear like, okay, I'm gonna do this and I'm gonna give it everything.Alessio: A lot of people don't take it this seriously. But,swyx: uh, let's talk about, you have this concept of the P 99 engineer. Uh, people are 10 x saying, everyone's saying, you know, uh, maybe engineers are out of a job. I don't know.But you definitely see a P 99 engineer, and I just want you to talk about it.Simon Hørup Eskildsen: Yeah, so the P 99 engineer was just a term that we started using internally to talk about candidates and talk about how we wanted to build the company. And you know, like everyone else is, like we want a talent dense company.And I think that's almost become trite at this point. What I credit the cursor founders a lot with is that they just arrived there from first principles of like, we just need a talent dense, um, talent dense team. And I think I've seen some teams that weren't talent dense and like seemed a counterfactual run, which if you've run in been in a large company, you will just see that like it's just logically will happen at a large company.Um, and so that was super important to me and Justine and it's very difficult to maintain. And so we just needed, we needed wording for it. And so I have a document called Traits of the P 99 Engineer, and it's a bullet point list. And I look at that list after every single interview that I do, and in every single recap that we do and every recap we end with.End with, um, some version of I'm gonna reject this candidate completely regardless of what the discourse was, because I wanna see people fight for this person because the default should not be, we're gonna hire this person. The default should be, we're definitely not hiring this person. And you know, if everyone was like, ah, maybe throw a punch, then this is not the right.swyx: Do, do you operate, like if there's one cha there must have at least one champion who's like, yes, I will put my career on, on, on the line for this. You know,Simon Hørup Eskildsen: I think career on the line,swyx: maybe a chair, butSimon Hørup Eskildsen: yeah. You know, like, um, I would say so someone needs to like, have both fists up and be like, I'd fight.Right? Yeah. Yeah. And if one person said, then, okay, let's do it. Right?swyx: Yeah.Simon Hørup Eskildsen: Um. It doesn't have to be absolutely everyone. Right? And like the interviews are always the sign that you're checking for different attributes. And if someone is like knocking it outta the park in every single attribute, that's, that's fairly rare.Um, but that's really important. And so the traits of the P 99 engineer, there's lots of them. There's also the traits of the p like triple nine engineer and the quadruple nine engineer. This is like, it's a long list.swyx: Okay.Simon Hørup Eskildsen: Um, I'll give you some samples, right. Of what we, what we look for. I think that the P 99 engineer has some history of having bent, like their trajectory or something to their will.Right? Some moment where it was just, they just, you know, made the computer do what it needed to do. There's something like that, and it will, it will occur to have them at some point in their career. And, uh. Hopefully multiple times. Right.swyx: Gimme an example of one of your engineers that like,Simon Hørup Eskildsen: I'll give an eng.Uh, so we, we, we launched this thing called A and NV three. Um, we could, we're also, we're working on V four and V five right now, but a and NV three can search a hundred billion vectors with a P 50 of around 40 milliseconds and a p 99 of 200 milliseconds. Um, maybe other people have done this, I'm sure Google and others have done this, but, uh, we haven't seen anyone, um, at least not in like a public consumable SaaS that can do this.And that was an engineer, the chief architect of Turbo Puffer, Nathan, um, who more or less just bent this, the software was not capable of this and he just made it capable for a very particular workload in like a, you know, six to eight week period with the help of a lot of the team. Right. It's been, been, there's numerous of examples of that, like at, at turbo puff, but that's like really bending the software and X 86 to your will.It was incredible to watch. Um. You wanna see some moments like that?swyx: Isn't that triple nine?Simon Hørup Eskildsen: Um, I think Nathan, what's calledAlessio: group nine, that was only nine. I feel like this is too high forSimon Hørup Eskildsen: Nathan. Nathan is, uh, Nathan is like, yeah, there's a lot of nines. Okay. After that p So I think that's one trait. I think another trait is that, uh, the P 99 spends a lot of time looking at maps.Generally it's their preferred ux. They just love looking at maps. You ever seen someone who just like, sits on their phone and just like, scrolls around on a map? Or did you not look at maps A lot? You guys don't look atswyx: maps? I guess I'm not feeling there. I don't know, butSimon Hørup Eskildsen: you just dis What about trains?Do you like trains?swyx: Uh, I mean they, not enough. Okay. This is just like weapon nice. Autism is what I call it. Like, like,Simon Hørup Eskildsen: um, I love looking at maps, like, it's like my preferred UX and just like I, you know, I likeswyx: lotsAlessio: of, of like random places, soswyx: like,youswyx: know.Alessio: Yes. Okay. There you go. So instead of like random places, like how do you explore the maps?Simon Hørup Eskildsen: No, it's, it's just a joke.swyx: It's autism laugh. It's like you are just obsessed by something and you like studying a thing.Simon Hørup Eskildsen: The origin of this was that at some point I read an interview with some IOI gold medalistswyx: Uhhuh,Simon Hørup Eskildsen: and it's like, what do you do in your spare time? I was just like, I like looking at maps.I was like, I feel so seen. Like, I just like love, like swirling out. I was like, oh, Canada is so big. Where's Baffin Island? I don't know. I love it. Yeah. Um, anyway, so the traits of P 99, P 99 is obsessive, right? Like, there's just like, you'll, you'll find traits of that we do an interview at, at, at, at turbo puffer or like multiple interviews that just try to screen for some of these things.Um, so. There's lots of others, but these are the kinds of traits that we look for.swyx: I'll tell you, uh, some people listen for like some of my dere stuff. Uh, I do think about derel as maps. Um, you draw a map for people, uh, maps show you the, uh, what is commonly agreed to be the geographical features of what a boundary is.And it shows also shows you what is not doing. And I, I think a lot of like developer tools, companies try to tell you they can do everything, but like, let's, let's be real. Like you, your, your three landmarks are here, everyone comes here, then here, then here, and you draw a map and, and then you draw a journey through the map.And like that. To me, that's what developer relations looks like. So I do think about things that way.Simon Hørup Eskildsen: I think the P 99 thinks in offs, right? The P 99 is very clear about, you know, hey, turbo puffer, you can't run a high transaction workload on turbo puffer, right? It's like the right latency is a hundred milliseconds.That's a clear trade off. I think the P 99 is very good at articulating the trade offs in every decision. Um. Which is exactly what the map is in your case, right?swyx: Uh, yeah, yeah. My, my, my world. My world.Alessio: How, how do you reconcile some of these things when you're saying you bend the will the computer versus like the trade

Contralínea Audio
970. OIC investiga conflicto de interés encaso Vector-CNBV

Contralínea Audio

Play Episode Listen Later Feb 5, 2026 132:27


Episodio 970 de Contralínea En Vivo conducido por Aníbal García y Anahí del Ángel: -OIC investiga conflicto de interés encaso Vector-CNBV- Transmisión 10 de noviembre de 2025 CONTRALÍNEA EN VIVO se transmite de lunes a viernes a partir de las 10:00hrs (hora del centro de México) a través de Facebook live, YouTube y Telegram. La MESA DE ECONOMÍA POLÍTICA se trasmite todos los lunes a partir de las 14:00hrs. Nuestro programa de análisis, AMÉRICA INSUMISA, se trasmite los martes a partir de las 14hrs. AGENDA DE SEGURIDAD NACIONAL es los miércoles a partir de las 14:00hrs Estamos en Facebook, YouTube, Twitter, TikTok, Instagram, Whatsapp y Telegram como Contralínea. Escúchanos en Spotify, Apple Podcast e Ivoox como Contralínea Audio.

IFN OnAir
Islamic Finance for Climate Resilience

IFN OnAir

Play Episode Listen Later Jan 20, 2026 32:48


In this episode, Aminah Farid speaks with Shahira Johan, senior financial sector specialist at the World Bank and co-author of the Islamic Finance and Climate Agenda report, on how Islamic finance can support climate action, scale sustainable instruments and build climate-resilient communities across OIC economies. 

Ballistically Speaking
BS Session #150 A Very BS Christmas Party

Ballistically Speaking

Play Episode Listen Later Dec 20, 2025 112:10


We look back at 2025 in BS's last episode of the year. We talked about the good times, the great events, great people and great products that arrived. We talked about the bad times, OIC #3, losing the election, the R9 ban. But most importantly, we looked forward to what 2026 will bring, new goals new products, and new experiences 

Un caffé con il commercialista zollette di...

Il caffè caldo insieme per parlare delle novità della settimana. 

The Logan Allec Show
How to APPEAL Your IRS Offer in Compromise REJECTION

The Logan Allec Show

Play Episode Listen Later Dec 6, 2025 18:55


Are you submitting an OIC to the IRS? Be prepared for them to reject it, BUT DON'T GIVE UP! Here is a step by step guide to appealing it! Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief   

KOINONIA CONNECT with Apostle Joshua Selman
Path To Never Ending Victories (2 Cor. 2:14) | RCCG The Oasis - Part 1

KOINONIA CONNECT with Apostle Joshua Selman

Play Episode Listen Later Nov 27, 2025 116:47


Subscribe to support Koinonia Connect Apple Podcast! All episodes remain free—this is just to show your support.:  https://podcasts.apple.com/us/podcast/koinonia-connect-with-apostle-joshua-selman/id1680799163   PATH TO NEVER ENDING VICTORIES-PART1 [2Cor. 2:14]|OIC 2025| RCCG THE OASIS| LAGOS-NIGERIA|APT SELMAN

The Option Alpha Podcast
237: 0DTE Trading & Gamma Exposure - Interview w/ Mat Cashman from OIC

The Option Alpha Podcast

Play Episode Listen Later Oct 29, 2025 47:21


As an options trader, how closely should you be watching gamma and gamma exposure (GEX)? This episode will help you better understand gamma, interpret volatility, recognize inflection points, and build more context-aware strategies.Kirk sits down with Mat Cashman from the OIC to discuss gamma, explore how market makers hedge their positions, and why 0DTE options are so “gamma-rich.” Mat explains why hedging dynamics can create sharp market moves and how concepts like charm and convexity shape market behavior over the course of a single trading session. Then, we try to help traders understand how gamma can help them interpret volatility, recognize inflection points, and build more context-aware strategies.Watch the full interview here

Ice Coffee:  the history of human activity in Antarctica

Bob Dovers does sterling OIC work setting the rhythm and mode of Mawson Station winters, though at considerable cost to his health.  John Bechervaise continues in the grooves established by Dovers, cementing Australia's toehold in the cold and the meson telescopes in place.   Phillip Law goes in to bat against bureaucrats cratting for all their bureau's worth and manages to keep the focus on science, though some of his ideas about what to do with an Australian territorial claim once his efforts have gained some traction for one are a bit odd in a present day context.   A busy 1954 and 1955 for ANARE, though I couldn't find much about what the Mawson Station winterers got up to during their southern sojourn. 

The Logan Allec Show
Does Getting On an IRS Payment Plan Prevent You From Doing an OIC?

The Logan Allec Show

Play Episode Listen Later Oct 6, 2025 4:46


What is better an installment agreement or an offer in compromise? It really depends on your situation. However, can you go from an installment agreement to an offer in compromise? Find out now!Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief   

The Logan Allec Show
IRS Offer in Compromise Acceptance Rate Is DOWN 50%: Here's Why

The Logan Allec Show

Play Episode Listen Later Oct 3, 2025 11:17


The IRS has just released their annual reports and one of the most shocking developments is the IRS's OIC acceptance rate. IT HAS GONE DOWN 50%! Why is this? Well, there could be 3 reasons...Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit:   / taxrelief   

Ipsoa Podcast
Bilancio intermedio: OIC 30 tra conferme e novità

Ipsoa Podcast

Play Episode Listen Later Sep 30, 2025 5:04


OIC 30 obbligatorio dal 2026. Quali sono le conferme e quali, invece, le novità rispetto alla precedente versione dello standard contabile? L'approfondimento di Mario Ravaccia

La voce di Eutekne.info
Nuove indicazioni per il cpb dei professionisti in scadenza domani

La voce di Eutekne.info

Play Episode Listen Later Sep 29, 2025 8:24


Gli ultimi chiarimenti sull’adesione dei professionisti al CPB 25-26, la legge italiana sull'intelligenza artificiale in GU, le regole contabili relative alle manifestazioni a premio regolamentate dall’Oic 34, la Cassazione sui prelievi in corso d’anno effettuati dai soci delle società di persone. A cura di Norberto Villa

VOV - Sự kiện và Bàn luận
Vấn đề quốc tế - Hội nghị Doha – thông điệp đoàn kết từ thế giới Arab

VOV - Sự kiện và Bàn luận

Play Episode Listen Later Sep 17, 2025 6:50


VOV1 - Hội nghị Thượng đỉnh khẩn cấp Liên đoàn Arab (AL) và Tổ chức Hợp tác Hồi giáo (OIC) vừa diễn ra tại Qatar đã thảo luận về những diễn biến gần đây ở khu vực, đặc biệt sau vụ không kích của Israel nhằm vào các nhà lãnh đạo Phong trào Hồi giáo Hamas tại thủ đô Doha.

The John Batchelor Show
PREVIEW: Guest Name: Mary Kissel Summary: Mary Kissel reflects on an emergency meeting of Arab states in Doha regarding the Israel-Hamas conflict. She compares it to OIC gatherings, suggesting these meetings are largely for show and propaganda, noting tha

The John Batchelor Show

Play Episode Listen Later Sep 15, 2025 2:25


PREVIEW: Guest Name: Mary Kissel Summary: Mary Kissel reflects on an emergency meeting of Arab states in Doha regarding the Israel-Hamas conflict. She compares it to OIC gatherings, suggesting these meetings are largely for show and propaganda, noting that privately, Gulf leaders acknowledge Iran as a problem that needs to be contained. Formal Name: Mary Kissel, Executive Vice President, Stephens Incorporated

Noticentro
¡Adrenalina total! Olimpiadas de Oro para adultos mayores

Noticentro

Play Episode Listen Later Aug 26, 2025 1:26


¡Precaución! “Juliette” trae lluvias intensas y alto oleaje en Baja California Sur  Lluvias y granizo en CDMX, se activa la Alerta Amarilla  Países islámicos exigen alto al fuego y sanciones a Israel por ataques en GazaMás información en nuestro Podcast

Armenian News Network - Groong: Week In Review Podcast
Sergei Melkonian - Israel & Iran, Crackdown on Opposition, Pashinyan in Istanbul | Ep 449, June 22, 2025

Armenian News Network - Groong: Week In Review Podcast

Play Episode Listen Later Jun 27, 2025 72:35 Transcription Available


Groong Week in Review - June 22, 2025This Week in Review episode features Sergei Melkonian and covers a turbulent week in Armenia and the region. As Israel and the U.S. launched a short but intense war on Iran, Armenia found itself navigating heightened regional risks, a rising refugee flow, and diplomatic silence. Meanwhile, domestically, Prime Minister Nikol Pashinyan escalated a political and cultural confrontation with the Armenian Church, arresting billionaire Samvel Karapetyan after he publicly defended the clergy. Dozens of opposition figures were also detained, including members of the ARF and the Srbazan Movement. As Pashinyan visited Istanbul for a quiet meeting with Erdogan—coinciding with an anti-Armenian declaration by the OIC—his government cracked down at home, drawing criticism for politicizing national security and purging dissent.TopicsIsrael and IranCrackdown on the OppositionPashinyan in IstanbulThe Kitchen SinkGuestSergei MelkonianHostsHovik ManucharyanAsbed BedrossianEpisode 449 | Recorded: June 25, 2025SHOW NOTES: https://podcasts.groong.org/449VIDEO: https://youtu.be/KqlQ13gkIIc #IranIsraelWar #ZangezurCorridor #SamvelKarapetyan #ChurchCrackdown #SrbazanMovementSubscribe and follow us everywhere you are: linktr.ee/groong

VOV - Việt Nam và Thế giới
Tin quốc tế - Tổ chức Hợp tác Hồi giáo lên án các cuộc tấn công của Israel

VOV - Việt Nam và Thế giới

Play Episode Listen Later Jun 23, 2025 1:03


VOV1 - Tổ chức Hợp tác Hồi giáo (OIC) hôm qua (22/6) đã ra tuyên bố Istanbul, lên án mạnh mẽ các cuộc tấn công gần đây của Israel vào Iran, Syria và Lebanon, đồng thời kêu gọi cộng đồng quốc tế thực hiện các biện pháp răn đe ngay lập tức.

Ballistically Speaking
BS Session #130, Taylor Reich, Back from PCC Worlds !

Ballistically Speaking

Play Episode Listen Later Jun 21, 2025 98:06


We talk with Taylor Reich AKA "the.albertan" multi time Canadian IPSC PCC national champion. about his experiances in Czechia at the PCC worlds. We talk about what went wrong, The December 2024 OIC ban, Czech Beer, how he has modified his Sterling Arms R9, and more !

The Options Insider Radio Network
OIC 2025 Conversations: Talking Options Education, 0DTE and Diversification at Gunpoint with Robinhood

The Options Insider Radio Network

Play Episode Listen Later Jun 5, 2025 28:40


We are joined in the Southern Studio at OIC 2025 by: Steve Quirk, Chief Brokerage Officer at Robinhood.  Mark and Steve discuss: How Robinhood's clientele is handling these extremely volatile markets.  Should EVERTHING trade 24/7? What is the best way to expand 0DTE into the equity options realm? How do you get the tiktok generation to engage with detailed options education? and much more...

Options Insider Radio Interviews
OIC 2025 Conversations: Talking Options Education, 0DTE and Diversification at Gunpoint with Robinhood

Options Insider Radio Interviews

Play Episode Listen Later Jun 5, 2025 28:40


We are joined in the Southern Studio at OIC 2025 by: Steve Quirk, Chief Brokerage Officer at Robinhood.  Mark and Steve discuss: How Robinhood's clientele is handling these extremely volatile markets.  Should EVERTHING trade 24/7? What is the best way to expand 0DTE into the equity options realm? How do you get the tiktok generation to engage with detailed options education? and much more...

City Cast Pittsburgh
How To Plan the Perfect Pittsburgh Camping Trip

City Cast Pittsburgh

Play Episode Listen Later Jun 4, 2025 24:24


If you want to go camping, where should you start? Marcus Shoffner, founder of the Outdoor Inclusion Coalition, shares his favorite destinations in and around the city, his best suggestions for a good experience, ways to borrow and learn how to use the right gear for free, and other low-stress ideas to get you started. Plus, an update on the overnight camping program he started in Riverview Park! Want to hear more about inclusivity in outdoor spaces? Check out our previous conversation with Marcus and check out the OIC's upcoming summer camps.  **This episode originally published April 24, 2024. Learn more about the sponsors of this June 4th episode: Centre County Highway Revolt Fulton Commons Become a member of City Cast Pittsburgh at membership.citycast.fm. Want more Pittsburgh news?  Sign up for our daily morning Hey Pittsburgh newsletter. We're on Instagram @CityCastPgh. Text or leave us a voicemail at 412-212-8893. Interested in advertising with City Cast? Find more info here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Options Insider Radio Network
AO #145 LIVE FROM OIC 2025 - 0DTE Debates, Predictable Algos, Options Explosions and More

The Options Insider Radio Network

Play Episode Listen Later Jun 4, 2025 40:34


Matt and Mark have a great live episode of The Advisors Option from OIC 2025 where we get the buzz about: The raging debate about 0DTE equity options Should we be able to buy and sell stop loss orders? Why are options trading algos so predictable? What is going on with this options explosion? What is going on with the state of options education? and much more...

The Advisors Option
AO #145 LIVE FROM OIC 2025 - 0DTE Debates, Predictable Algos, Options Explosions and More

The Advisors Option

Play Episode Listen Later Jun 4, 2025 40:34


Matt and Mark have a great live episode of The Advisors Option from OIC 2025 where we get the buzz about: The raging debate about 0DTE equity options Should we be able to buy and sell stop loss orders? Why are options trading algos so predictable? What is going on with this options explosion? What is going on with the state of options education? and much more...

The Logan Allec Show
Do You Have to Be BROKE to Qualify For an Offer in Compromise?

The Logan Allec Show

Play Episode Listen Later May 24, 2025 5:23


What exactly does your financial state need to be in order to qualify for an offer in compromise? Do you have to be broke and out of your luck? Find out now! Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_AllecMentioned Video Link:-Celebrity Back Taxes: CHARLIE SHEEN Gets $4,000,000 of IRS Debt FORGIVEN:    • Celebrity Back Taxes: CHARLIE SHEEN Gets $... 

IFN OnAir
Delivering trade solutions across OIC countries, enhancing regional integration, supporting businesses during crises and ITFC's strategic vision for 2025 and beyond

IFN OnAir

Play Episode Listen Later May 23, 2025 20:29


Radhika Das, IFN Journalist, interviews Nasser M. Al Thekair, General Manager, Trade & Business Development, International Islamic Trade Finance Corporation (ITFC), on delivering trade solutions across OIC countries, enhancing regional integration, supporting businesses during crises and ITFC's strategic vision for 2025 and beyond

IFN OnAir
Addressing global trade risks and supporting infrastructure development across OIC member states

IFN OnAir

Play Episode Listen Later May 22, 2025 26:12


Radhika Das, IFN Journalist, interviews Hassan Zago Idris, Director (Acting), Legal Affairs Department, The Islamic Corporation for the Insurance of Investment and Export Credit, on addressing global trade risks and supporting infrastructure development across OIC member states

The Options Insider Radio Network
OIC 2025 Conversations: Catching Up With Public

The Options Insider Radio Network

Play Episode Listen Later May 21, 2025 17:48


Couldn't make it to OIC this year? We've got you covered with exclusive panel content and interviews from the show. Next up -  Sam Nofzinger, GM of Brokerage, Public Sam discusses: The status of Public's first foray into the options market?  The new proposal for 0DTE options in the Mag 7 stocks.  Should options trade 24 hours a day? the state of options education? and much more...

Options Insider Radio Interviews
OIC 2025 Conversations: Catching Up With Public

Options Insider Radio Interviews

Play Episode Listen Later May 21, 2025 17:48


Couldn't make it to OIC this year? We've got you covered with exclusive panel content and interviews from the show. Next up -  Sam Nofzinger, GM of Brokerage, Public Sam discusses: The status of Public's first foray into the options market?  The new proposal for 0DTE options in the Mag 7 stocks.  Should options trade 24 hours a day? the state of options education? and much more...

The Options Insider Radio Network
OIC 2025 Conversations: Talking 0DTE, 24-hour Trading and More with tastytrade

The Options Insider Radio Network

Play Episode Listen Later May 19, 2025 18:23


Couldn't make it to OIC this year? We've got you covered with exclusive panel content and interviews from the show. First up -  JJ Kinahan, CEO of IG Group North American and President of Tastylive.  JJ discusses: The new proposal for 0DTE options in the Mag 7 stocks.  Should options trade 24 hours a day? the state of options education? and much more...

Options Insider Radio Interviews
OIC 2025 Conversations: Talking 0DTE, 24-hour Trading and More with tastytrade

Options Insider Radio Interviews

Play Episode Listen Later May 19, 2025 18:23


Couldn't make it to OIC this year? We've got you covered with exclusive panel content and interviews from the show. First up -  JJ Kinahan, CEO of IG Group North American and President of Tastylive.  JJ discusses: The new proposal for 0DTE options in the Mag 7 stocks.  Should options trade 24 hours a day? the state of options education? and much more...

Daily News Brief by TRT World

Israel aiming for 'complete occupation' of Gaza under renewed assault Israel appears to be pushing for full occupation of Gaza in its latest military assault. That's according to Culture Minister Miki Zohar, who told Israeli public broadcaster KAN that such a move could put the remaining hostages in danger. Meanwhile, far-right Finance Minister Bezalel Smotrich, told Channel 13 that Israel is finally going to occupy Gaza and that the country needs to stop being afraid of using the word "occupation" UN warns Israel is weaponising water to destroy Gaza, its people A UN expert is sounding the alarm over what he calls a ""silent but lethal bomb"" in Gaza: not from missiles, but from a lack of clean water. Pedro Arrojo-Agudo, the UN's special rapporteur on the human right to water and sanitation, says Israel's destruction of water infrastructure and restriction of access to drinking water is fuelling a massive humanitarian crisis. He warned that cutting off water in a war zone like this is the equivalent of dropping a devastating, invisible weapon. France to host Al Sharaa, marking Syrian President's first European visit Syrian President Ahmed al Sharaa is set to visit Europe for the first time since taking office, and his first stop will be France. French President Emmanuel Macron is hosting him on Wednesday, according to the French presidency. Macron plans to use the meeting to express France's commitment to a future Syria, one that's ""free, stable and inclusive of all its people"". The French president will also raise key concerns, including regional stability, especially in Lebanon, and the ongoing fight against terrorism. India's 'unfounded allegations' against Pakistan inflaming tensions in South Asia — OIC The Organisation of Islamic Cooperation is voicing serious concern over rising tensions in South Asia. The 57-member group said that India's ""unfounded allegations"" against Pakistan are adding fuel to an already volatile situation. In a joint statement, the OIC said the accusations are making things worse and stressed its consistent stance against terrorism. Trump wants stronger US–Türkiye alliance: New US envoy to Ankara The new US ambassador to Türkiye says President Trump is aiming for a much stronger partnership with Ankara. Thomas Barrack, speaking to reporters upon arrival in the Turkish capital, said the president's message was simple: it's time to take the US-Türkiye alliance to the level it truly deserves. Barrack, who expressed pride in being on the land of his ancestors, added that the two countries have always had a solid relationship, but now it's time to make it extraordinary.

Compliance Perspectives
Catherine Bruno on Risk Assessments and Demonstrating Value [Podcast]

Compliance Perspectives

Play Episode Listen Later Apr 17, 2025 10:52


By Adam Turteltaub There is a tendency to think of risk assessment as one thing and demonstrating the value of the compliance program as another. In this podcast, Catherine Bruno, Assistant Director Office of Integrity and Compliance (OIC) at the FBI shows that the risk assessment process can also be a great way to demonstrate the value of a strong compliance program. So how do they make that happen?  First, the OIC ensures that individuals who are closer to the risk, the subject matter experts at each of the divisions at FBI headquarters, as well as each field office, are involved both from the start and on an ongoing basis. Every six months the OIC requires them to spend time assessing compliance risk and put forward at least one. This process ensures participation without demanding too much of the field's time. In advance of that meeting, the OIC conducts a training session, provides a model agenda, and may do a presentation on a particular risk area. They also require that, at the meeting, the participants also spend time examining the tier 1 risks that the OIC has identified. In the future, she is looking to better spell out the cost of non-compliance and the savings of proactive measures. But, she cautions, quantifying the benefits does not have to be based on dollars exclusively. Reputational factors can and should also be considered. Each field office is also required to provide data on the risk areas that they are tracking. That data gets compiled and gives them an opportunity to compare themselves to each other. The information is also shared at higher-level branch meetings a month later, and it helps executive assistant directors understand where field offices are focused in terms of their risks. In sum, the process provides both a better understanding of risk and demonstrates the value of the compliance program. Listen in. Listen now Sponsored by Ethena - automated compliance training, an employee hotline, and case management, all in one tool.

2 Bulls In A China Shop
“Management is What Makes Money” - Ft. Dan Passarelli

2 Bulls In A China Shop

Play Episode Listen Later Apr 10, 2025 44:10


In this episode of Band of Traders, Kyle and options expert Dan Passarelli as they explore how to supercharge traditional buy-and-hold investing with options trading strategies. Dan, founder of Market Taker Mentoring, shares insights from his upcoming book, revealing how covered calls and cash-secured puts can boost returns and reduce risk. They dive into the mindset shift from trader to investor, spotlighting Dan's new podcast, Wealth Building with Options, and Substack—key tools shaping his writing and real-time trade ideas. The conversation tackles adapting to market volatility, mastering credit spreads, and building mental resilience for trading success. Discover the dual power of options as risk management tools and leverage opportunities, plus the role of behavioral economics in smarter decision-making. Perfect for novice and seasoned traders aiming to refine their systems and skills!Keywords: options trading, covered calls, cash-secured puts, Dan Passarelli, trading strategies, risk management, trading psychology, Market Taker Mentoring, Wealth Building with Options, Substack tradingSubscribe now, share with your network, and explore Dan's work at markettaker.com/substack. Join the conversation on X and LinkedIn!Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at SMaki@fairwaymc.com or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at bandoftraderspodcast@gmail.com Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!Dan Passarelli:Dan is the Founder and CEO of Market Taker Mentoring, a leading option-trading education firm that provides online options training, newsletters, and personalized one-on-one coaching for options traders. He has trained over 100,000 traders in 50+ countries—many who have seen results good enough to become full-time pro traders. After beginning his trading career on the floor of the CBOE as an equity options market maker, Dan joined the company's Options Institute and began teaching both basic and advanced trading concepts to traders, brokers, money managers, and market makers. In addition to his work with the CBOE, he has been an invited speaker and taught options strategies at the OIC, ISE, CME Group, Shanghai Futures Exchange, and many leading options-based brokerage firms—both nationally and abroad. Dan has a passion for sharing his knowledge and expertise in options trading, and he has authored two high-selling option-trading books, Trading Option Greeks and The Market Taker's Edge. He is a frequent contributor to Bloomberg Business Television, FOX Business News, The TD Ameritrade Network, The Street, and CBOE TV; he is a resource to print journalists on markets, trading, and investing; and he shares trading strategies in well-attended online webinars.Wealth Building with OptionsMarket Taker MentoringMTM YouTubeDan's Options BooksFollow Dan on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Charlotte's Web Thoughts
Trump Picks Golf Over Dead American Soldiers

Charlotte's Web Thoughts

Play Episode Listen Later Apr 4, 2025 10:13


[This blog will always be free to read, but it's also how I pay my bills. If you have suggestions or feedback on how I can earn your paid subscription, shoot me an email: cmclymer@gmail.com. And if this is too big of a commitment, I'm always thankful for a simple cup of coffee.]You may have missed it in the chaos of our current news environment, but this week, the bodies of four American soldiers were pulled out of a peat bog—basically a swamp—in Lithuania about a week after they went missing there while on a training mission.Last week, while a search was still underway for the missing soldiers, Trump was asked in the Oval Office by a reporter about the unfolding crisis and he responded that he didn't know anything about it.Yesterday, the bodies of the four soldiers arrived at Dover Air Force Base in Delaware and were received in a ceremony known as a “dignified transfer,” which is attended by senior government officials and often the sitting president.Last night, it was reported by NBC News that instead of attending the dignified transfer to honor the deceased soldiers, Trump flew to Florida to watch a LIV Golf tournament and attend a reception being hosted at his resort.I understand many of you aren't familiar with dignified transfers and why what Trump has done here is so disgusting and unbecoming and insulting to the memories of these soldiers.During my time in the 3rd U.S. Infantry Regiment (The Old Guard), I was honored to take part in many dignified transfers at the height of our involvement in Iraq and Afghanistan.So, I'll explain:The straight-line distance between Washington, D.C., and Dover, Delaware, is less than 85 miles. It takes a helicopter about 40 to 45 minutes to make the trip. I was 19 years old, and it was my first time riding a helicopter. I barely remember any of it. I was distracted.I was more nervous than I've ever been in my life about what was to come next, and so, as this Black Hawk floated above the earth with my casket team, me the youngest and most junior, I could only think: What if I mess this up? What if I fail? How will I live with myself?That's how it should be in a moment like this. You should be nervous. You should let that sharpen your focus. Because there is no room for error when handling the remains of a service member returning to the United States after they've died. You should strive for perfection.The helicopter landed, and my anxiety spiked.In retrospect, I recall noticing the silence of the rest of the casket team. These were young men, mostly early 20s, loud and boisterous and chests puffed. Now, they were quiet. It was unnerving.When you're a new enlisted soldier in an infantry unit (the FNG) you're treated like you know nothing. Because you don't. Everyone around you is older and vastly more competent and confident. Yet, in this moment, despite having done this before, they were all nervous, too. It was unsettling.We were brought into a holding area near the tarmac on Dover Air Force Base in Delaware, where the remains of service members who have died in a theater of operations arrive on a C-17 transport plane. We rehearsed our steps. And did it again. And then again. No room for error.The plane arrived. The ramp was lowered. The transfer vehicle that would complete the next leg of the journey was parked. Our casket team was positioned. We were now each wearing ceremonial white cotton gloves we had held under the bathroom faucet. Damp gloves have a better grip.We're a casket team, but these are not caskets. They're transfer cases: rectangular aluminum boxes that bear a resemblance to a crate for production equipment. Yet, the dimensions are obvious. Any given civilian would take only a few moments to realize that's for carrying bodies.It's called a "dignified transfer," not a "ceremony," because officials don't want loved ones to feel obligated to be there while in mourning. But it is as highly choreographed as any ceremony, probably more so. It is done as close to perfection as anything the military does.I was positioned in formation with my casket team, and I could see the transfer cases precisely laid out, military dress-right-dress, in the cavernous space of the C-17, each draped with an American flag that had been fastened perfectly. I remember my stomach dropping.There is simply no space for other thoughts. Your full brain capacity is focused on not screwing up. The casket team steps off in crisp, exact steps toward the plane, up the ramp (please, oh God, don't slip), aside the case, lift up ceremonially, face back and down the ramp.During movement, everyone else is saluting: the plane personnel, the OIC (officer in charge), any senior NCOs (noncommissioned officers) and generals, and occasionally, the president. The family is sometimes there. No ceremonial music or talking. All silent, save for the steps of the casket team.You don't see the family during this. You're too focused. There are other distractions. Maybe they forgot, but no one told me there'd be 40-60 pounds of ice in the transfer case to prevent decomposition over the 10-hour plane ride. You can sometimes feel it sloshing around a bit.Some of the transfer cases feel slightly heavier, some slightly lighter. The weight is distributed among six bearers, so it's not a big difference. But then you carry a case that's significantly lighter, and you realize those are the only remains they were able to recover.It probably takes all of 30-40 seconds to carry the transfer case from the plane to the mortuary vehicle, but it feels like the longest walk ever each time. The case is carefully placed in the back of the mortuary vehicle, and the casket team moves away in formation.When it's over and you're on your way back to Washington, you're overcome with a mixture of intense relief that you didn't screw up and profound sobriety over what you've just done and witnessed. I wouldn't call it a good feeling. Maybe a numbed pain.From the outside, the most egalitarian place in America is a military transfer case. They all look exactly the same: an aluminum box covered with the American flag. We didn't know their names, rank, race, ethnicity, gender, religion, sexual orientation — none of it. All the same.Whatever cruel and unfathomable politics had brought all of us to that moment, from the killed service member in the box, to those of us carrying it, to the occasional elected official who attends to pay respects, there were no politics to be found during a dignified transfer.The fallen service members I helped receive and carry during this part of the journey to their final resting place were not "losers" or "suckers" — as Trump has infamously called them. They were selfless and heroic, and I had the honor of being among the first to hold them when they returned home.There are service members and civilians around the world involved in caring for our war fatalities: the mortuary specialists, the casket teams, the family liaisons — so many people who work to ensure that this final act is done with the greatest amount of dignity and honor, seeking perfection.I suppose the one thing we all took for granted is that dignity would always be affirmed by all our civilian leaders to those service members who gave everything. I never would have predicted any official, let alone a sitting president, would insult fallen service members.This is not to say the four American soldiers who died in Lithuania were not honored by a sitting president.On Thursday, when the bodies of the soldiers were being transported to the airport in Vilnius, the capital of Lithuania, thousands of people there lined the streets to pay their respects.Among them was Lithuanian President Gitanas Nauseda, who, apparently, has more respect for our troops than our own commander-in-chief.Charlotte's Web Thoughts is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Charlotte's Web Thoughts at charlotteclymer.substack.com/subscribe

The Logan Allec Show
Do You Have to Disclose Your Crypto in Your Offer in Compromise?

The Logan Allec Show

Play Episode Listen Later Mar 24, 2025 1:16


Are you looking to submit an offer in compromise to the IRS, but you have cryptocurrency? Here is how and why you have to disclose this information. Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_Allec

The Logan Allec Show
Can the IRS Take Back an Offer in Compromise After It's Accepted?

The Logan Allec Show

Play Episode Listen Later Mar 14, 2025 9:09


Did your income situation change after the IRS accepted your offer in compromise? Should you be worried if they are going to take it back? Listen to today's episode to find out now! Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/

The Real Truth About Health Free 17 Day Live Online Conference Podcast
Are Animal Proteins Necessary for Muscle Development, Managing Cravings, Obesity Statistics and Obesity Drugs with Derek Tresize, Karthik Sekar, Chef AJ,

The Real Truth About Health Free 17 Day Live Online Conference Podcast

Play Episode Listen Later Mar 13, 2025 14:23


Join Derek Tresize, Karthik Sekar, and Chef AJ as they tackle the myths surrounding muscle development and animal proteins. Derek responds to critics by demonstrating how plant-based diets can support muscle growth. Chef AJ shares effective strategies to manage cravings for unhealthy foods. Karthik provides insights on the progress of plant-based and cultivated meat alternatives and addresses concerns about GMOs in products like Impossible Burgers. Discover the latest obesity statistics and the implications of weight loss drugs like OIC. #PlantBased #MuscleGrowth #HealthyEating

CitizenCast
Diversifying ... the construction industry?

CitizenCast

Play Episode Listen Later Mar 11, 2025 6:13


Louis King, the CEO of OIC of America, ran a successful program to open high-paying construction jobs to more people in Minnesota. Now, he's doing the same in Pennsylvania.

The Logan Allec Show
Should You Apply for Both a PPIA and An OIC With the IRS?

The Logan Allec Show

Play Episode Listen Later Mar 11, 2025 7:25


You're stuck with tax debt and can't decide between an OIC or PPIA. Why not both? Well...Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_AllecMentioned Video Links:-The IRS Partial-Payment Installment Agreement (PPIA) Explained!:    • The IRS Partial-Payment Installment A...  -Offer in Compromise vs Currently Not Collectible: Which Is Better?:    • Offer in Compromise vs Currently Not ... 

The Logan Allec Show
What To Do When You Get a Notice of Levy

The Logan Allec Show

Play Episode Listen Later Mar 10, 2025 10:24


Got a notice of levy in your mailbox? Here is everything you need to know about it and what you can do next! Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_AllecMentioned Video Links:-Tax Debt Relief EXPLAINED: Here Are the 8 IRS Tax Debt Relief Programs:    • Tax Debt Relief EXPLAINED: Here Are t...  -Offer in Compromise Guidelines + Formula: EXACTLY How Much to Offer to the IRS!:    • Offer in Compromise Guidelines + Form...  -The IRS Partial-Payment Installment Agreement (PPIA) Explained!:    • The IRS Partial-Payment Installment A...  -Currently Not Collectible Status Explained | How to Get In CNC Status:    • Currently Not Collectible Status Expl... 

The Logan Allec Show
IRS Fresh Start Program 2025: Do You Have To Be HOMELESS To Qualify?

The Logan Allec Show

Play Episode Listen Later Mar 3, 2025 10:32


The truth about the IRS fresh start program may not be as complicated as you think it is. Do you have to be homeless to qualify? Find out in today's episode!Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/If you want to see more…-YouTube:    / @loganallec  -Instagram: @ChoiceTaxRelief @LoganAllec -TikTok: @loganallec-Facebook: Choice Tax Relief // Logan Allec, CPA -Reddit: u/Logan_AllecMentioned Video Links:-Here's Why You Likely WON'T QUALIFY For an Offer in Compromise

The Logan Allec Show
Can You Make Payments On an Offer in Compromise?

The Logan Allec Show

Play Episode Listen Later Feb 21, 2025 10:33


Are you looking to pay off your tax debt as soon as possible? Consider making payments to the IRS through your OIC, but watch out for this... Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/Mentioned Video Link:-Offer in Compromise Guidelines + Formula: EXACTLY How Much to Offer to the IRS!:    • Offer in Compromise Guidelines + Form...  -IRS Statute of Limitations on Collections Explained in Full by a CPA

SBS Punjabi - ਐਸ ਬੀ ਐਸ ਪੰਜਾਬੀ
ਪਾਕਿਸਤਾਨ ਡਾਇਰੀ: ਉਪ-ਪ੍ਰਧਾਨ ਮੰਤਰੀ ਨੇ ਫਲਸਤੀਨੀਆਂ ਨੂੰ ਉਨ੍ਹਾਂ ਦੇ ਦੇਸ਼ ਤੋਂ ਬਾਹਰ ਕੱਢਣ ਦੇ ਸੁਝਾਵਾਂ ਦਾ ਕੀਤਾ

SBS Punjabi - ਐਸ ਬੀ ਐਸ ਪੰਜਾਬੀ

Play Episode Listen Later Feb 20, 2025 7:37


ਪਾਕਿਸਤਾਨ ਦੇ ਉਪ ਪ੍ਰਧਾਨ ਮੰਤਰੀ ਅਤੇ ਵਿਦੇਸ਼ ਮੰਤਰੀ ਇਸਾਕ ਡਾਰ ਨੇ ਨਿਊਯਾਰਕ ਵਿੱਚ ਰਾਜਦੂਤ ਪੱਧਰ 'ਤੇ ਹੋਏ OIC (Organization of Islamic Cooperation) ਸਮੂਹ ਦੀ ਮੀਟਿੰਗ ਨੂੰ ਸੰਬੋਧਿਤ ਕੀਤਾ। ਇਸਾਕ ਡਾਰ ਨੇ ਕਿਹਾ ਕਿ ਗਾਜ਼ਾ ਜੰਗ ਨੇ ਫਿਲੀਸਤਿਨੀ ਲੋਕਾਂ ਲਈ ਵਿਨਾਸ਼ਕਾਰੀ ਨਤੀਜੇ ਪੈਦਾ ਕੀਤੇ ਹਨ। ਡਿਪਟੀ ਪ੍ਰਧਾਨ ਮੰਤਰੀ ਨੇ ਫਿਲੀਸਤਿਨੀਆਂ ਨੂੰ ਉਨ੍ਹਾਂ ਦੇ ਵਤਨ ਤੋਂ ਬਾਹਰ ਕੱਢਣ ਦੇ ਸੁਝਾਵਾਂ ਦ ਕਰੜੇ ਤਰੀਕੇ ਨਾਲ ਵਿਰੋਧ ਕਰਨ ਦੀ ਅਪੀਲ ਕੀਤੀ। ਉਨ੍ਹਾਂ ਨੇ ਕਿਹਾ ਕਿ ਸਾਨੂੰ ਦੋ-ਰਾਸ਼ਟਰੀ ਹੱਲ ਨੂੰ ਯਕੀਨੀ ਬਣਾਉਣ ਲਈ ਢੁੱਕਵੇਂ ਕਦਮ ਚੁੱਕਣੇ ਚਾਹੀਦੇ ਹਨ। ਉਨ੍ਹਾਂ ਨੇ ਇਹ ਵੀ ਕਿਹਾ ਕਿ OIC ਨੂੰ ਫਿਲੀਸਤੀਨੀਆਂ ਨੂੰ ਉਨ੍ਹਾਂ ਦੇ ਦੇਸ਼ ਤੋਂ ਬਾਹਰ ਕੱਢਣ ਦੇ ਸੁਝਾਵਾਂ ਦਾ “ਕਰੜੇ ਤਰੀਕੇ ਨਾਲ ਵਿਰੋਧ” ਕਰਨਾ ਚਾਹੀਦਾ ਹੈ। ਹੋਰ ਜਾਣਕਾਰੀ ਲਈ ਸੁਣੋ ਇਹ ਰਿਪੋਰਟ...

The EMJ Podcast: Insights For Healthcare Professionals
Bonus Episode: The Unmet Needs in Opioid-Induced Constipation

The EMJ Podcast: Insights For Healthcare Professionals

Play Episode Listen Later Feb 12, 2025 21:08


This podcast was supported by Viatris. The views and opinions expressed in this podcast are those of the individual speakers and do not necessarily reflect those of Viatris or EMJ. Speakers have received honoraria for their participation. Explore the challenges and solutions for managing opioid-induced constipation (OIC) in this insightful podcast, featuring discussions from a leading gastroenterologist and an expert pain specialist. Topics covered include: Defining OIC prevalence, underlying mechanisms, and impact on patient wellbeing The risks and limitations of laxative use in managing OIC The role of peripherally acting mu-opioid receptor antagonists Strategies for improved communication and monitoring

The Plant Based News Podcast
Detox Doctor: Why FDA Is NOT Working For Health

The Plant Based News Podcast

Play Episode Listen Later Dec 15, 2024 64:29


"The FDA is simply not doing their job." - Dr. Bobby Price. Tune in to Plant-Based News for an enlightening interview with Dr. Bobby Price. Dr. Bobby Price is a certified plant-based nutritionist, exercise physiologist, and Doctor of Pharmacy. He has extensive clinical experience in the hospital setting, one on one patient contact in community pharmacy, and health care regulatory experience with the Food and Drug Administration (FDA). Dr. Price critiques the FDA's oversight and the pharmaceutical industry's approach to health care, sharing insights from his own professional background and personal health journey. Discover how transitioning to a plant-based diet revolutionized his health and led him to advocate for natural remedies and detoxification methods. Learn about his global travels to study herbalism and the profound impact of diet on longevity and wellness. Don't miss this compelling discussion on the need for a paradigm shift toward prevention and holistic health practices. Follow Dr. Bobby Price here - https://www.instagram.com/doctorholistic/ - 00:00:02 Introduction and Guest Background - 00:01:49 Personal Health Journey and Plant-Based Diet - 00:06:21 Challenges and Early Experiences - 00:08:43 Plant-Based Prescriptions and Lifestyle Modifications - 00:10:37 Critique of Modern Medicine - 00:16:08 Cultural and Community Challenges - 00:20:52 Global Studies and Herbalism - 00:25:12 Herbs and Their Healing Properties - 00:29:46 Understanding Herbs and Personal Conviction - 00:32:55 Healing and Detoxification - 00:34:04 The Impact of Animal Products on Health - 00:35:59 Critique of OIC and Pharmaceutical Approaches - 00:41:04 Mindset and Self-Love in Healing - 00:47:47 Inner Dialogue and Meditation - 00:50:07 Plant-Based Diet and Self-Empowerment - 00:55:38 Personal Journey and Farming - 01:00:51 Community and Detox Programs - 01:03:18 Future Plans and Expansion

The Options Insider Radio Network
Wide World of Options: Understanding Greeks through Metaphor vs. Math

The Options Insider Radio Network

Play Episode Listen Later Dec 5, 2024 21:59


Have you ever had trouble understanding the concept of option Greeks because of the math involved? If so, join host Mark Benzaquen and fellow OIC instructor Mat Cashman as they make their way through Delta, Gamma, and Theta using metaphor rather than math in this insightful and unique look at the Greeks.

The Options Insider Radio Network
The Option Block 1332: Election Fallout in VIX, SPX, DJT, WFC

The Options Insider Radio Network

Play Episode Listen Later Nov 7, 2024 64:44


We're back with another episode of The Option Block brought to you by Cboe Global Markets. On this episode, we: Discuss the latest in the markets including October options volume numbers from OIC and more election fallout Talk about the most active equity options for the day  Look at earnings season volatility including DUK, WOLF, TKO Examine the latest unusual options activity in WFC, DJT, VIAV Share whether our listeners were bullish or bearish about crypto going into the election & also who they thought was going to win the election Mention what we are looking at for the end of the week/going into next week: ARCH, CSCO, The Fed And much more With your hosts: Mark Longo,  The Options Insider Media Group Henry "The Flowmaster" Schwartz, Cboe Global Markets Dan "The Black Hatted" Passarelli, Market Taker Mentoring “Uncle” Mike Tosaw, St. Charles Wealth Management Check out the Trade of the Day Insights Newsletter from Trade Alert - Request access to admin@trade-alert.com

ThePrint
ThePrintPod: OIC losing credibility. It prefers ties with China over calling out repression of Uyghurs

ThePrint

Play Episode Listen Later Oct 23, 2024 8:34


Pakistan, which is heavily invested in the CPEC, is strategically silent on Uyghur Muslims. This complicity risks undermining the OIC's credibility as a champion of Muslim rights.  

The Options Insider Radio Network
Wide World of Options: Summer Tales from the Road Conclusion: Record Volume & Lessons Learned Along the Way

The Options Insider Radio Network

Play Episode Listen Later Sep 6, 2024 47:46


In this final session of our summer Tales from the Road series, we welcome OIC friends Kevin Davitt of Nasdaq, Patty Schuler of the BOX Options Exchange, and Gary Franklin of Raymond James as they join host Mark Benzaquen for frank discussions about recent market trends, the experience of being a woman on the trading floor, and challenges going forward.