Today, Long Lake completed our $6.3B acquisition of Amex GBT. Long Lake acquires and transforms generational businesses with AI across the American services economy. Amex GBT is the travel partner for 17,500 businesses in 140 countries. Last year, Amex GBT booked 35 million trips for 10 million travelers. This marks Long Lake’s 40th acquisition, and our family of companies now employs nearly 30,000 people. We founded Long Lake three years ago with the thesis that AI is going to change every company, but there’s a large overhang between AI capabilities and how most businesses leverage AI tools. We partner with strong, profitable, and growing businesses to help them deploy AI and improve their customer service. Our first cohort of companies has doubled their EBITDA in less than two years through topline and productivity growth, all while increasing headcount. (We’re proud to say that we’ve never conducted a layoff.) We’re excited to share a bit more about what we’ve been up to.

This Nathan Fielder clip

as esoteric data becomes more valuable, you can easily imagine ambitious, morally ambiguous data gold miners taking on riskier and adventurous ways of getting it for example, traveling to little known parts of the world to broker a data deal or even in a more extreme case hacking and exfiltrating data without the underlying company knowing or breaking into a boomer office and scanning all the paper documents they have thinking that the quest for rare tokens will lead to some indiana jones / somali pirate esque stories in the next couple yrs you should be long security

so far this past 2 batches of yc founders have 1. tried to enter my apartment by following me and making small talk at 11pm 2. hit me with a car outside of my house 3. doxxed my gf's tiktok 4. tried to talk to me while i was at the bottom of a squat 5. grabbed my arm before getting into an uber to pitch me their startup please guys be normal

all the security incidents should just teach us that we should be long employee surveillance hacker groups will transition from remote work attacks to in person, no company is safe the scariest attack vector is a long standing employee flipping and exfiltrating ur shit

Today we announced an agreement to acquire Bumble. Over the past six months, we’ve looked at hundreds of companies, asking which businesses would become more valuable as AI advances.  Bumble stood out.  As intelligence becomes more abundant, we believe connecting with the right person and forming meaningful relationships will become even more precious. And frontier technology can help more people find and build those relationships. Our purpose at Ithaca is to apply frontier technology to things that matter. We acquire enduring businesses, transform them with technology, and hold for the long term. We focus on businesses not only for their financial potential but their ability to enrich lives. Whitney and her team have built something extraordinary. Millions of relationships began on Bumble, and we’re honored to help take it into its next era. Together we intend to build the best company in the world for helping people find each other. Let’s get to work.

no such nyc experience as an absolute bender with the boiz getting back at 3am and immediately getting ready to leave 4am for my 6am flight, arriving 9:30am SFO getting ready to go to a college football game one hour away starting at 12:30pm

robotics right now and L1/L2 crypto infra from 2021-2024 attracting strong talent looking to work on the hardest problems raising hella $$$ from the best investors promising all sorts of future utility (if you squint a little) a lot of similarities...