Technology Marketing - Bizdev strategy, positioning, market fit, sales. Cybersecurity, workforce education, vidstreaming #economics #history #politics #energy
Loudonville, NY
Joined March 2009
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Dan O'Sullivan retweeted
Don't underestimate CCP’s willingness to leverage western openness for strategic gain. Vigilance and self-education are your edge—security is everyone’s responsibility as global lines keep blurring.
Dan O'Sullivan retweeted
🦔AI companies are bulk-buying rare books, scanning them through high-speed machines that cut the spines off, and shredding the originals. A service called ISBNdb facilitates orders of up to a million books and keeps buyers anonymous. Pre-2022 books are premium because they're free of AI-generated text. A federal judge ruled the practice is fair use because eliminating the original means only one copy exists at a time. Anthropic hired the former head of Google Books partnerships to obtain "all the books in the world."
My Take
This got to me. A bookseller told 404 Media that rare books with almost no surviving copies are being fed into this pipeline. Books that survived wars, fires, and centuries of handling are being shredded so an AI can learn to write a better marketing email.
ISBNdb's website literally says "'AI company destroys two million books' is not a headline that generates sympathy," and they still built an entire business around making it happen quietly. They offer NDAs as a feature. They coach clients to call it "digital preservation."
I've covered AI companies scraping the internet, torrenting libraries, and stealing music. This is worse because it's irreversible. You can re-upload a website. You can reprint a bestseller. You can't replace the last three copies of an 18th-century botanical text once someone shreds them for training data. And the judge said it's legal. So it's going to accelerate.
"We shred rare books and offer NDAs so nobody finds out" is a legitimate business model in 2026. What a timeline.
Hedgie🤗
“Everyone I knew who worked on this project was completely gobsmacked by some of the text they were asking us to test." trib.al/Z7lp0X2
Dan O'Sullivan retweeted
There is something to this theory.. Stay tuned
I stand by my claim the ICE is the wolf in sheep's clothing here. They took a position in Tzero to peak under the hood, kill the company, and build their own brand w Tzero's IP, to own the trillion $ tokenozation opportunity. Blackrock is complicit. I am also suspicious these two are guilty of suppressing $BBBY share price to keep the pressure on.
Securitize has a memorandum of understanding (MOU) with the NYSE (ICE) to support tokenized securities infrastructure 💩
Dan O'Sullivan retweeted
1,000% this. And I’ll add that for our tiny publishing business we just don’t have the margins or the time to train/mentor anyone. There is zero slack in any enterprise I know outside of healthcare and government, and you can’t have training without lots of slack.
The genuine loss is the reps. There are no local outlets with real editors to eviscerate young writers' work and help them develop a voice. The jobs are gone, the mentors are gone, but mostly: the chance to get repetitions of failure are gone.
Now it's just spray and pray for virality. Which does NOT make you a better writer. If anything, if your audience is your only feedback, you'll get captured in a heartbeat.
Dan O'Sullivan retweeted
Interesting to see tZERO recognized alongside names like Nasdaq, INX, and Securitize.
What's easy to miss is that many of the companies driving tokenization today have spent years building through regulatory uncertainty, market cycles, and skepticism.
The infrastructure being built now won't matter because it's "crypto."
It will matter because it makes capital markets more accessible, efficient, and programmable.
The real-world asset era is just getting started.
@tZERO has been named Best Digital Asset Exchange - North America at the Future of Finance Awards 2026, topping a finalist field that included Nasdaq, INX Digital and Securitize.
The awards celebrate excellence across digital assets, tokenization, and market infrastructure, recognizing organizations and individuals driving meaningful change across the financial ecosystem.
Dan O'Sullivan retweeted
Two small island economies blew up in 2008. Iceland and Ireland. Their names differ by one letter, and their handling of the crisis differed by everything that matters.
Iceland's three big banks, Kaupthing, Landsbanki, and Glitnir, had grown assets to roughly ten times the country's GDP by 2008. Pure credit-fueled madness. When the music stopped, the Icelandic government did the unthinkable: it let them fail. Bondholders ate the losses. The state refused to socialize private bank debt onto 320,000 citizens who never signed up for it. Capital controls went up, the króna collapsed, and the politicians actually prosecuted bankers. Twenty-six of them went to prison. Sigurður Einarsson and Hreiðar Már Sigurðsson, the men who ran Kaupthing, served real sentences.
Ireland took the opposite road. In September 2008, the Irish government issued a blanket guarantee covering the liabilities of its major banks, including Anglo Irish Bank, a property-lending casino that should have been allowed to die in peace. The taxpayer absorbed the bill. By the time the rescue ended, Ireland had poured around 64 billion euros into its banks, roughly 40 percent of GDP. The state took on private gambling debts, then went to the Troika in 2010 hat in hand for an 85 billion euro bailout, and accepted years of austerity to pay for losses it had no business owning.
Both economies recovered. Both eventually grew again. The difference is who paid and who learned. Iceland made creditors and reckless bankers bear the consequences of their own decisions, which is the entire point of capitalism: profit and loss, not profit and bailout. Ireland protected the people who made the bad bets and handed the invoice to schoolteachers and shopkeepers.
You will hear economists call Ireland's GDP rebound a triumph (much of that "growth" is multinational accounting fiction, Leprechaun economics, but that's another lesson). What they skip is the moral architecture. When you guarantee bank liabilities, you abolish the discipline that makes markets work. You tell every banker in the country that downside is optional.
Iceland jailed its bankers. Ireland reimbursed theirs.
Dan O'Sullivan retweeted
"That number is now accumulating to impact the largest US stocks by about eighteen percent a year."
"Over fifty percent of Google's profits in this last quarter alone were tied directly to the price appreciation of its investment in Anthropic. People are putting a multiple on those gains. I mean, these are one-time gains."
Mike Green on the impact of passive flows vs. fundamentals on the big tech stocks.
Dan O'Sullivan retweeted
If you are curious about how a price war between OpenAI and Anthropic will end, study the history of Sirius and XM Radio before & post merger. In capital intensive businesses, like satellite radio and LLMs, financial viability often comes only after 1 or more financial failures.
This is it.
OpenAI is now considering drastic price cuts to win users from Anthropic, who will likely cut right back. Two companies losing billions, about to compete each other's margins to zero.
Buffett's worst kind of business: one that grows rapidly, devours capital, and earns nothing. He meant airlines. The most important industry of its age, where the customer wins and the shareholder bleeds.
Revolutionary technology and a good investment have never been the same thing.
The internet was real too. Most of the companies building it still went to zero.
Let's remember - Standard and Poor's told the world that US Mortgages were AAA - right before the Great Recession of 07-09, and a 57% decline in S&P's500. Given the reckless coordination of this IPO, no one should be surprised if that 57% 'correction' looks but a trifle. #Beware
SpaceX : The Largest IPO In History Was Built To Be Bought app.hedgeye.com/insights/183… via @hedgeye
Dan O'Sullivan retweeted
Imagine you spent 40 years doing the boring, responsible thing.
You opened a 401k at 23. You contributed every paycheck. You ignored the noise. You bought the index because Bogle told you to, because Buffett told you to, because every honest piece of financial advice for 30 years told you the index was the safest, most diversified, most rules-based way to own America.
The whole point was the rules.
The rules said: a company must trade for 12 months before joining the S&P 500. The rules said: it must show four consecutive quarters of GAAP profitability. The rules existed because in 1999 the index quietly bought a lot of stocks at the top, and pensioners paid the bill.
After the dot-com crash, S&P tightened the rules. Nasdaq tightened the rules. FTSE Russell tightened the rules.
For 23 years, those rules held.
Then SpaceX filed for IPO.
And the rules changed.
The S&P 500 waived the profitability requirement. Nasdaq cut its trading-history window from 90 days to 15. FTSE Russell cut its to 5.
Bloomberg Intelligence estimates the major index funds will absorb between 19% and 24% of SpaceX's float within six months. That's over $30 trillion of passive 401k and retirement money, mechanically buying a single newly public company at IPO valuations, because the rules said they had to.
Except the rules used to say they didn't.
Here's the thought exercise:
If you spend 40 years building a system designed to protect ordinary savers from buying overpriced stocks, and then you waive the protections the moment a sufficiently large stock asks you to, what was the system actually protecting?
Most of investing is about understanding what's a rule and what's a guideline.
A rule binds the rule-maker.
A guideline binds the saver.
You're allowed to find out which is which only after the fact.
Rule changes for the SpaceX $SPCX IPO:
Index providers waived the profitability requirement and cut the seasoning window from 90 days to 5.
This forces over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.
Bloomberg Intelligence estimates S&P 500 funds must absorb 19% of SpaceX's float within 6 months.
Russell 1000 and Nasdaq 100 funds will absorb 24%.
The rules built to protect passive investors:
1. S&P 500 has required 12 months of trading and 4 quarters of GAAP profitability since 2002. Both waived.
2. Nasdaq cut its inclusion window from 90 trading days to 15.
3. FTSE Russell cut its to 5.
All three benchmarks are now structured to buy SpaceX at IPO pricing.
Dan O'Sullivan retweeted
🚨 UNITED PASSENGER CATCHES INSANE NASA ROCKET LAUNCH FROM PLANE WINDOW — FLIGHT ATTENDANT LOSES IT MID-AIR
A United flight just turned into a front-row seat to history.
A woman captures the exact moment NASA’s Artemis II rocket launches… straight from her window at 30,000 feet.
And then you hear the flight attendant:
“15 years of flying… I’ve been praying to see something like this.”
• Rocket blasting through the clouds
• Crew calling it a “once in a lifetime” moment
He said he flew to Florida multiple times just to see a launch…
Canceled. Every time.
And then this happens midair.
What are the chances you randomly look out your window… and see history taking off?
Dan O'Sullivan retweeted
"As Lutnick Sold Cantor to His Children, Tether Gave Them a Loan
Representatives for the financial services firm and the US Commerce secretary’s family declined to reveal the amount. An ethics expert said the loan may be ‘another favor his family owes Tether.’"
- Bloomberg headline
What do regulators think about the fact that @howardlutnick's Cantor Fitzgerald, an investment manager with special access to the Federal Reserve, has essentially mortgaged itself to a company in El Salvador?
#BCCI_the_sequel
cc @FINRA @federalreserve @SenWarren @RoKhanna @OversightDems
per reporting by Bloomberg @business
Dan O'Sullivan retweeted
Absolute must read. Especially @SecTreasuryofUS
Dan O'Sullivan retweeted
One thing that is absurd is @BillAckman made $140 mil in income last year and paid a lower tax rate than a school teacher in LA due to the hedge fund tax scam called carried interest. This must be stopped. He is an investment manager and should be paid w2 income like I am.
Dan O'Sullivan retweeted
We have raised concerns about private credit's deepening infiltration into both CRE and auto markets.
It is getting worse and the data is beginning to confirm what the main stream media have not yet caught up to (again).
contrarianunicus.substack.co…
Dan O'Sullivan retweeted
As the country approaches its 250th anniversary, it’s worth revisiting Abraham Lincoln’s warning that America’s greatest threat would not come from abroad.
“If destruction be our lot," he said, “we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.”
Dan O'Sullivan retweeted
Makes you wonder if CEOs and board members are fully aware… (many are)
The SPACification of the QQQ has begun.
SpaceX is engineering a $50B+ automatic buy wall before the stock even trades.
Here’s why this is so much bigger than people realize.
Normally, a company IPOs, waits 6-12 months of “seasoning,” then maybe gets considered for S&P 500 or Nasdaq 100 inclusion at a quarterly rebalance. That waiting period exists so the stock can establish a trading history, prove liquidity, and show it won’t collapse 30 days in.
SpaceX wants to skip all of that. And Nasdaq is literally rewriting its rules to accommodate them.
Nasdaq just proposed a “Fast Entry” rule that lets any new listing with a market cap in the top 40 of current index constituents join after just 15 trading days. The old minimum was three months. SpaceX’s expected IPO valuation of $1-1.5 trillion would make it a top-10 constituent on day one.
The math on why this matters: roughly $16 trillion in assets directly track or benchmark against the S&P 500 and Nasdaq 100. Index funds like SPY, VOO, and IVV alone manage over $2 trillion combined. When a stock enters one of these indexes, every passive fund and ETF tracking it has to buy shares in proportion to the company’s weight. For a company valued at $1 trillion+, that forced buying could easily exceed $50 billion in the weeks following inclusion.
SpaceX is pre-negotiating an artificial demand floor before a single retail investor places an order.
Think about what this tells you about how Musk and SpaceX’s advisers view the IPO risk. They’re targeting a valuation of 60-70x sales on $22 billion in expected 2026 revenue. At that multiple, the stock needs constant buying pressure to hold. Index inclusion creates that pressure mechanically, through fund inflows that happen regardless of whether any human analyst thinks the price makes sense.
Tesla rallied 60% between its S&P 500 inclusion announcement and actual addition in December 2020. SpaceX watched that playbook, and now they’re trying to compress the timeline from months to days.
Meanwhile, index providers are now competing to attract the biggest IPOs by weakening the very rules designed to protect index integrity. Nasdaq is proposing Fast Entry. S&P will face pressure to match or lose the listing. The indexes are turning into customer acquisition tools for trillion-dollar debuts.
And every passive investor in a 401(k) will automatically become a SpaceX shareholder at whatever price the market sets in those first 15 trading days, whether they want to be or not.