Which #Messenger To Replace the #DataKraken #WhatsApp with?
(4/n)
....value anymore. The future of #Matrix always seems somehow, em.. unconfirmed? An interesting project. I wonder where it will go. There's been a LOT of #VC [#VentureCapital] funding up to now, one might assume some return is expected at some point. Maybe not though. I've run #Jabber servers in the past,...
@drtcombs.bsky.social For the people following on Mastodon, here's a screenshot of the Mark Cuban post that Tab was referring to (full text in the caption):
Marc Andreeson puts money into shady FinTech startups. Then, as Patrick Boyle explains, Marc goes on podcasts telling blatant lies about the regulatory bodies that exist to protect people from shady financial services. All to boost the short term value of his pump-and-dump "investments".
People might lose their live savings, but Marc walks away with a solid return. What a prize prick.
(3/?)
Armstrong, Bjelde & Peters have been heavily involved in #DOGE’s work reshaping the #OPM, The Post & other outlets have reported. Another frequent contributor to the planning was #AdamRamada, a DOGE team member whom Business Insider has identified as a Miami #VC investor with a stake in a SpaceX supplier. Ramada has recently been active in efforts to slash spending & staff at the #Education Dept, acc/to records….
Besides all the other issues with #Bluesky, did you know Israeli venture capitalists invest in that American company? That means that they partly own it. One of them is named Darkmode Ventures (https://www.darkmode.vc). Only the name is good. #VC #Israel
While Snoop Dogg performed in the main ballroom, #VC Katie Haun was engrossed in conversation w/ #GalaxyDigital’s Mike Novogratz. Other musical guests Rick Ross & Soulja Boy, who was charged by the #SEC in 2023 for illegally promoting a #crypto token w/o disclosing he was paid, kept the larger crowd entertained.
Sickening #kleptocracy #plutocracy
#Trump’s #crypto-frenzied #inauguration weekend makes first family billions of dollars richer
The family’s meme coins launched over the weekend showed how Trump plans to take advantage of looser #regulations.
Ahead of the inauguration, members of the admin rubbed elbows w/industry leaders at the Crypto Ball.
“The reign of terror against crypto is over,” David Sacks, a #VC & the new White House #AI & crypto czar, told the crowd.
#law
https://www.cnbc.com/2025/01/20/trump-crypto-fueled-inauguration-makes-family-billions-of-dollars.html
All the #tech fads that have attracted huge wodges of $dough seem at their core to require dealing massive damage to the #environment.
With that in mind I'd like to offer you all the chance to get in at ground level on TyreFyre*. The basic concept is simple:
- buy TyreFyre tyres
- set fire to tyres
- a miracle occurs
- you get back double your money
- repeat until trillionaire.
* Will consider changing the name to TireFire, for the right #VC offer. Bell me, #ycombinator wallahs.
owner of the #LATimes just invited the king of the crypto bros #MarcAndreessen, a man whose VC fund #a16z has backed innumerable scams in all shades of fraud (see: #Yotta and #Synapse most recently) in addition to companies that facilitate incredible amounts of Russian #moneylaundering to join the editorial board.
#KleptocracyIsComing
tweet: https://x.com/DrPatSoonShiong/status/1878263014497059135
more on a16z: https://cryptadamus.substack.com/p/of-tech-bros-and-trumpers
andreessen spewed so many outright lies on #JoeRogan a few weeks ago that it kind of spawned an entire cottage industry of line by line takedowns of his bullshit: https://universeodon.com/@cryptadamist/113603397835078618
seems like the kind of guy #journalism needs right now
>"“The clustering of like-minded American is tearing us apart.” The #internet doesn’t cause #filterBubbles, it punctures them, confronting people with those they are told to fear. The internet does not cause division. It exposes it."
It does not cause it but provokes the widening of the rupture on purpose and the sake of profit.
It's #laGrieta, the rift, the crack.
It's not "the internet" but commercial #VC driven #socialMedia.
It's disturbance of the public peace for profit.
Last comment on this for 2024. I note that although other Matrix-based commercial hosts are now funding a lot more of the Matrix Foundation costs, the @element company still plays a outsized role in the development of the Matrix protocol. Especially on the funding side.
So I'd be interested to see a blog post from @matthew and the team on what they see their exit from VC looking like.
(1/?)
I moved to #Sunnyvale, California, in the mid-1990s. Sunnyvale is the geographic center of what was #SiliconValley.
As an electronic design engineer, I was at the most exciting place I could imagine. I was with my tribe.
Over the past two decades, corrupted by get-big-quick #VC business models and sloppy software-only development "products," Silicon Valley has a new ID: ugly "bros" whose only interests are control and money.
I recently moved away from the Valley. I find I don't miss it much.
Following the example of GitLab and other VC-funded open source companies, @element goes 'open source almost everything' with "Synapse Pro";
"Synapse itself remains open source, and Element will continue to develop it proactively, just as it has for the last 10 years ... Available under a commercial license, Synapse Pro will help fund and accelerate the continued open source development of Synapse for the benefit of all of Matrix."
https://element.io/blog/synapse-pro-slashes-costs-for-running-nation-scale-matrix-deployments/
I was just talking to a colleague about the AI bubble. These companies are in so deep they can't tell the truth. They are all lying about the efficacy, costs to consumers and most importantly how & when this tech works or doesn't.
Is there enough money on the line to kill over?
There's likely a trillion bucks of valuations across the industry. Billions in sunk costs, billions in c suite remuneration, billions in VC mgmt costs.
RIP Suchir
https://www.mercurynews.com/2024/12/13/openai-whistleblower-found-dead-in-san-francisco-apartment/
#Bluesky is preparing paid premium functions
Next up maybe tracking ads, paid blue ticks, or paid reach?