doing cool stuff.
Cape Town, South Africa
Joined December 2012
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- Following1.8K
- Followers915
- Likes44.8K
lindo retweeted
The evolution of the Amazon Prime Subscription for the modern age is at hand…
DOORDASH TO ACQUIRE INSTACART IN $17 BILLION DEAL
$DASH has agreed to acquire $CART for $65 per share.
Instacart shareholders can receive cash, DoorDash stock or a combination, with stock limited to 25% of the total consideration.
DoorDash plans to retain Instacart's brand, app and enterprise technology products while combining DashPass and Instacart+ into a single membership.
Instacart customers would gain access to over 50,000 additional stores, while combined membership savings are estimated at $100 million annually.
The deal is expected to close in late 2027 or H1 2028, pending shareholder and regulatory approvals.
lindo retweeted
Today, we are announcing an agreement to acquire ADT.
Home security has the qualities we look for in the businesses we own: an essential service built on specialist expertise and earned trust.
We see an opportunity to build on that foundation for decades, investing in its people and technology to deliver the best outcomes for customers.
Our ambition is to help ADT define the next era of trusted home security.
thriveholdings.com/thrive-ho…
lindo retweeted
$2M seed at 20% dilution
means every $100k you burn on stuff that doesnt move revenue costs you 1% of your company
founders would think about spend WAY differently if they did that math out loud
lindo retweeted
here’s how old founders of these generational tech companies were:
— anthropic: dario amodei (38)
— openai: sam altman (30)
— spacex: elon musk (30)
— amazon: jeff bezos (30)
— nvidia: jensen huang (30)
— netflix: reed hastings (36)
— linkedin: reid hoffman (35)
— deepmind: demis hassabis (34)
lindo retweeted
Do you think we’re living in a simulation?
This Stanford PhD raised over $300M, now valued at $2B, backed by Fei-Fei Li (@drfeifei), Andrej @karpathy, Greenoaks, & @IndexVentures, to build AI simulations of real people.
Their Stanford research achieved 85%+ accuracy predicting human behavior.
I sat down with Simile Co-Founder & CEO Joon Sung Park (@joon_s_pk) to get into it all.
Simile (@simile_ai) builds real-world simulations with access to 40M+ real people across its global panel partnerships for companies liek Deloitte, Wealthfront, CVS & more to test major decisions.
Joon completed his Stanford PhD advised by Michael Bernstein & Percy Liang, now his co-founders, & is the first author of the 'Generative Agents' paper. That paper introduced Smallville, a simulated town where 25 LLM-powered agents lived, worked, & socialized on their own.
Recorded at Index Ventures in San Francisco, we talked about Elon Musk’s simulation theory & whether human behavior can actually be predicted..
𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) Joon Sung Park, Co-Founder & CEO at Simile
(00:44) Do we live in a simulation?
(04:01) The AI town that planned its own Valentine’s party
(06:46) Predicting human behavior with 85% accuracy
(11:09) Is human behavior predictable?
(13:40) What really drives human decisions?
(15:45) How Simile simulates customers & markets
(20:05) Why big companies want simulated customers
(21:31) Digital twins & a panel of 40M real people
(22:51) Who actually answers polls????
(24:22) How Simile keeps bad data out
(29:29) What Simile predicted about this episode
(33:34) The EV campaign that looked perfect until it wasn’t
(37:02) Simulating climate change, AGI & UBI
(39:06) What happens when you simulate your interviewer
(40:13) Raising $300M at a $2B valuation
(44:54) Simulation is in its GPT-4 era
(49:43) What the most successful people have in common
(53:58) The “now what?” moment that ends careers
(55:25) The $15B question
lindo retweeted
“Their five largest customers went from 36% of revenue in Q1 2026 to just 21% in Q3, but every single one of those five customers actually spent more in Q3 than ever before”
This is pretty crazy
Some interesting stuff from digging into @AnthropicAI's S-1 filing today:
- Claude Enterprise users who don't use Claude Code spend less than $75/month on average, but the top 5% who do use Claude Code spend roughly 20x as much
- They recently delayed pre-training a new frontier model for more than a month because they needed to improve security measures against model weight theft
- Over 80% of Anthropic's revenue in Q3 2026 came from model versions released within the preceding six months
- Anthropic expects to pay @SpaceX roughly $3.1B per month for compute once all contracted capacity comes online. They could effectively be paying $37B/year, up to $120.5B in total, but the contracts can be cancelled with 90 days' notice after early 2027
- Over 90% of contributions to Anthropic's own codebase in September 2026 were written by Claude. The average daily volume of code contributed per engineer in Q3 was 45x what it was in 2024
- Their five largest customers went from 36% of revenue in Q1 2026 to just 21% in Q3, but every single one of those five customers actually spent more in Q3 than ever before
- They recognized a $2B operating expense in Q3 just for matching employee charitable donations. It issued roughly 28 million shares in October to settle the obligation
- Their $42B Broadcom financing facility has an interesting clause. Normally, the notes carry 9% interest and convert into shares at a 10% discount, but if Anthropic misses certain revenue targets, the interest rises to 13% & the conversion discount increases to 15%
- Google has the option to purchase up to $10B of additional nonvoting Anthropic shares at the IPO price
- More than 11,900 customers now spend at least $100K annually with Anthropic. Over 1,900 spend $1M+ and roughly 250 spend $10M+
- Claude Cowork is seeing faster adoption than Claude Code did at the equivalent point after its launch
lindo retweeted
Anthropic S-1.
First-half 2026 numbers, straight from the filing.
- Ticker will be $ANT
- $16.3bn revenue, 14x the first half of 2025
- $80.7bn net loss, of which $72.4bn is a non-cash charge marking up its convertible notes
- $693m operating loss, and $1.6bn adjusted operating income (a 10% margin)
- $131.7bn in cash and short-term investments
- 900% net revenue retention as of 30 Sept 🤯
- 11,900 customers paying $100k+ a year, 250 paying $10m+
- $6.6m revenue per employee, up from $1.4m a year ago (more than Apple, Meta or Nvidia)
lindo retweeted
I knew that the Anthropic S1 would have some goofy risk factors but this has to take the cake
Readers added context they thought people might want to know
This post is satire.
sec.gov/Archives/edgar…
lindo retweeted
CONGRATS Anthropic on their S-1 filing! Unsurprising, but first observations: inflection in operating profit, strong emphasis on novel discovery/bio, mismatch b/w consumption based revenue and long term compute obligations, limited shareholder influence. a lot of case studies!
lindo retweeted
okay so Anthropic S-1:
- Revenue up 1,300% YOY in 1H 2026
- GAAP operating profitable
- 85% gross margin
- 900% revenue retention
- 80% of revenue coming from models released in the last 6 months
we are so back!
lindo retweeted
here we go @AnthropicAI S-1 is live - happy reading to us all
sec.gov/Archives/edgar/data/…
Another update: @AnthropicAI’s latest draft S-1 has H1 ‘26 financials (per @WSJ)
> H1 rev: $16.3B, ~15x the $1.1B in H1 ‘25
> Net loss: $80.7B, but ~$72B is a paper loss (mostly investor loans that convert to stock rising in value w/ the val, which accounting books as a loss). Ex that: ~$8.7B
> Compute: ~$9B in H1 vs $2.3B a yr ago, more than all of ‘25 ($7.3B)
> ~$450B in cloud commits over 7-10 yrs, mostly non-cancelable ($111B Google, $110B AWS, $31B MSFT), plus up to $86B renting Nvidia chips
> Total compute commits $600B+ (vs $518B in Sept draft), could hit $750B. + says hyperscalers won’t sell it all the capacity it wants
wsj.com/tech/ai/anthropic-re…
lindo retweeted
Revolut founder Nik Storonsky says one of his investors tried forcing him to fire his best person:
“He was forcing me to fire my best person, because he was too hardcore.”
“Of course I didn’t fire him. I said no.”
“Pretty early on I realized that quite a few VCs, they are not very operational, and they can be actually dangerous for the company if they have enough power. So every single investment round, we just remove VCs.”
“Now I don't have any VCs on the board. I think that's the best. You always need to have operators rather than VCs on the board, people who actually build business and who know how to do things.”
Nik Storonsky is one of the most hardcore and competitive founders I’ve ever talked to. He’s the founder of Revolut, a $115 billion company, and wants to be the number one bank in 100 countries.
When someone asked Nik if he was coming for Jamie Dimon's lunch, he said “I’m coming for his dinner.”
“We want to dominate, otherwise what’s the point?”
He removed every VC from his board, and when one investor pushed him too far, he started his own fund to compete with them.
Nik has a lot of ideas on talent, product design, marketing, constraints, and what makes founder-led companies special.
This is a fascinating conversation about competition, speed, and building a machine-like company.
0:00 Coming for Jamie Dimon's dinner
2:04 Building the #1 bank in 100 countries
6:12 Why founders beat professional CEOs
8:45 Revolut's biggest mistake
12:47 Why legacy banks can't innovate
17:20 Running a company like a machine
20:28 Funding winners and cutting losers like a trader
23:31 How AI is changing Revolut's team structure
25:23 50 direct reports and spreading innovation fast
29:59 Hiring self-guided missiles
33:31 Too much money makes founders weaker
37:38 What Europe's constraints taught Revolut
41:08 Why VCs are like football cheerleaders
49:28 Starting a fund to compete with VCs
54:28 From zero marketing to buying Europe's airports
1:00:21 Funding moonshots like a global tech company
1:03:58 Building an unstoppable machine
Includes paid partnerships.
lindo retweeted
Morgan Freeman was not wrong when he said, "Become a man who can face a breakup. lose a job. deal with debt and still say, ‘God is with me. I’ll figure it out."
lindo retweeted
Respect your man while he is building. Everyone loves the finished product, but there is something powerful about the woman who believed when the money was tight, the plan was messy, and the results were invisible. Loyalty during the process hits different.
lindo retweeted
The Fynbos Group serves as the primary private wealth-holding structure for Michiel le Roux and his family.
If you didn’t know, he is the billionaire co-founder of South Africa's Capitec Bank.
But he came out and said;
Fynbos and his personal political or private investments are completely separate from Capitec Bank, which does not fund or associate with any political parties.
He also owns roughly 11% of capitec, and is the largest individual shareholder.
IEC: Political Party Funding Declarations, 2021-2027 Q1 (Total≈R1.13b)
Donors - DA/ANC/IFP/ActionSA;
Fynbos Group (crypto)≈R223m
Oppenheimers (mines)≈R115m
Moshals (gambling)≈R96m
Slacks(Oppenheimers)≈R67m
MKP/ATM: Funded mostly by People
#GovZAUpdates #MadlangaCommission
