I would probably rank foursquare in my top three favorite consumer apps of all time. still use swarm to this day. absolute legends that contributed to the growth of the nyc tech scene

Chamath says Anthropic should sacrifice valuation to raise at least $200 billion, because even that barely buys the compute needed to survive a correction “Here’s my very specific thing about why I think they should price it to clear the market for $200 billion—and I’m specific about that number. They need, in my estimate, at least $200 billion. If you want to be super safe, a quarter-trillion gets the job done. “What does the price need to be to attract that incremental dollar off the sidelines? Can they raise $80 billion in an IPO at $1.7, $1.8 or $1.9 trillion? I think so, handily. Can they raise $100 billion? Maybe it’s pushing it. At $150 billion, I think you need to be back down to $1.5 trillion.” JCal: “You’re saying you want them to raise more money at a lower valuation so they have a war chest.” Chamath: “$150 billion at $1.5 trillion is not enough. $200 billion barely gets them a few gigawatts. That is the bottom-line math if Anthropic is going to go through and survive an eventual correction. “I think it’s much better for them to have $200 billion to $250 billion today than to try to ring the bell at $1.9 or $2 trillion for $80 billion, file a mixed shelf—which takes about six months—and hope the markets are in line. “I just think there’s more risk in the future than there is today. Why take the risk? Price it to clear the market.”