Member of the Banking Staff @ereborbank
New York
Joined February 2025
- Tweets704
- Following2K
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Peter Ackerman retweeted
Once upon a time, Los Angeles was a farm town. Then it was Hollywood. Now it’s the hard tech capital of the United States.
I wrote a novella about how El Segundo & Southern California got here & the future legends building here.
Sequel in a few years. substack.com/home/post/p-196…
Peter Ackerman retweeted
Warhound, the brain child of Ben Lamm and Palmer Luckey, emerges from stealth to genetically engineer dogs for military and law enforcement.
spr.ly/6011BHZNMF
Peter Ackerman retweeted
The American Deal Guy remains one of the most powerful assets in the nation's arsenal. He conjures ancient and eldritch forces in some ways more powerful than a nuclear weapon, more subtle than our clandestine apparatus, and more Promethean than our technological establishment.
Peter Ackerman retweeted
We’re proud to welcome Robinhood Ventures Fund I (NYSE: RVI) as an investor, and glad to have their retail investors with us as we scale our Bank for America’s innovation economy.
Robinhood Ventures Fund I (RVI) has invested $30M in @ereborbank, a bank building for the next generation of American innovation.
Learn more: rbnhd.co/rvi-erebor
Peter Ackerman retweeted
the technological ladder we are climbing now is going to require long duration capital and long durational public buy in. the only way to do both is to make the american public a major, long duration, aligned shareholder in the enterprise.
Peter Ackerman retweeted
Joining the Administration hurt my relationships with many friends and family members. I do not regret a single moment of my service, nor should anyone who sacrifices their opportunities to benefit our fellow Americans.
When our best and brightest serve the country, we all benefit. Efforts to “deter” patriots from joining the administration reflects a deep, cynical calculus that I find wholly alien. Hoping American policymakers fail in order to create electoral advantages disadvantages our entire republic. Disagreements over policy should not mutate into neighbors hating neighbors.
I am not afraid of Slotkin. I am not even angry. I pity her. I live my life in service of greater purposes than partisan politics. Millions of Americans feel the same way. Our generation will rebuild America, and, in the process, we will drag these mutants with us into the Pax Americana.
Don’t let anyone fool you into thinking this is Trump-specific. People like Slotkin have been using every tool at their disposal to intimidate those who don’t agree with their policies when those policies can’t win on the merits for years.
Saying this @UChicago, the home of unabashed freedom of inquiry and expression in higher education, is particularly tone deaf. Did anyone at UChicago or @UChiPolitics press her on this or push back at all in the room? If not, equally embarrassing day for our institutional values.
UChicago should have students and alumni serving in EVERY administration. America needs you.
@ThinkerChicago keep up the good work.
Peter Ackerman retweeted
New from me in the @FT: The US needs to find a way to build data centers that works for our workers and communities. BAAJA is the beginning of a model (pass it!) but there's so much more we can do to use this growth engine to help Americans. The piece makes a few points:
1 - Data centers pose challenges (emissions, energy use, noise, etc) some of which are highly concentrated, but also economic and strategic benefits that are more diffuse. Finding a way to build them in America allows policymakers to mitigate the challenges and maximize/share the benefits. Anti-building approaches that push construction overseas (the most likely outcome if we don't build) give up our ability to do so. We should want jurisdiction over them.
2 - If you want to take clean energy tech down the cost curve, you need a reason to deploy it--i.e., new demand. Use policy to push data centers to go clean (they can afford it). It would be like the IRA on easy mode.
3 - If you want to reindustrialize and create American manufacturing jobs, use the fact that data centers are massive industrial customers and already driving an American manufacturing boom to kick it into overdrive. The FT piece cites new research I published with @SIEPR showing data centers already support 300K permanent manufacturing jobs. We should want more!
The data center jobs debate that says the jobs are temporary misses upstream supply chain employment; the challenge is these jobs aren't in the communities where data centers are built. Use policy (tax credits, tariffs, permitting rules) to incentivize more domestic manufacturing and share these benefits.
4 - If you want to bring China to the table on AI safety, we need leverage. An overwhelming compute advantage helps with that, but we need to deploy compute. I'd rather race on compute than model capabilities. As I say in the piece, trying to stop data center construction as a safety measure would be like trying to solve traffic fatalities by shutting down car factories--vehicle and highway safety rules are obviously superior, do that instead!
ft.com/content/a1b2bdd8-212c…
Peter Ackerman retweeted
This Boomer is so old he can't type "reindustrialize sweater" into his browser to see that it actually costs $16 and he wants to lecture us on reindustrialization?
Molson, you sell cheap plastic toys.
I have the cheapest plastic on Earth.
I could give you discounts you wouldn't believe.
You want to reindustrialize?
DM me.
Reindustrialization isn’t buying a $320 made in the USA sweater that can be bought for less than $10 in multiple other countries.
It’s not about getting a billion dollar valuation on your startup that has never built a real product that has a multi-million dollar contract from a government that spent 2 trillion more than it took in this year.
It’s not about looking cool** and it’s not about getting asset-price rich on mystery money.
Reindustrialization is about 4 things.
Until we have those 4, it ain’t going to happen.
Let me tell you a short story.
We had a supplier in China with a coal boiler.
The coal boiler belched dark soot into the air.
One day the government came in and said “you can’t use your coal boiler anymore. Replace it with a natural gas one; the coal is dirtying up the air.”
The factory would have to shut down for months.
No money for the boss.
No work for the employees.
And no orders for me.
“How long will the orders be delayed?”
“They won’t.”
“And how will you do that?”
“Don’t worry about it.”
The orders shipped on time.
How?
The factory switched to working nights.
The black smoke from the coal boiler couldn’t be seen in the dark night sky.
At the same time they installed a new natural gas boiler during the day.
By the way, this boiler was bigger than two semi trailer trucks side by side, literally it is beyond most people’s comprehension.
And that’s the point.
Reindustrialization is beyond peoples’ comprehension in America.
1. You need to have a government that does the right thing
2. You need to have factory ownership that is hungry for business
3. You need to have workers who are willing to make big sacrifices
4. And then everyone around them needs to be able tolerate the black smoke from the coal boiler
We don’t have any of these things today.
Will that change?
Maybe, but overpriced sweaters and billion dollar valuations on vaporware is not how we’re going to get there.
Peter Ackerman retweeted
We got 7,000 applications for new hires in the last week. Which is awesome & will make for a long night.
If you want to speedrun your app with @noxmetals - find my email & ping me.
Looking for A++ people dedicated to building abundant industrial capacity in the west again.
Peter Ackerman retweeted
I’m hiring a Chief of Staff at @fw_automation
For 2 years you’ll work with me across the company, then move into a senior role in biz ops or finance
The right person is highly organized, self-motivated, hungry, and comfortable keeping many things moving at once. CoS, banking, or staffer backgrounds are likely fits
Peter Ackerman retweeted
Plastic.
I produce it for 50% cheaper than China.
We import $15B of it.
China's dominance in the plastic trade will end by my hand and I swear to God I will replace every single Chinese product on our shelves.
- 🇺🇸 Indigo Ethylene
The ethylene must flow.
Indigo Ethylene (indigoethylene.com) — 50% cheaper plastic production
@GarrowGeer 's working unit already produces ethylene, the precursor to plastic, for half the cost. Co-founder: 13 years in catalyst R&D, expert in oxidative dehydrogenation.
📩 [email protected]
Peter Ackerman retweeted
The Office of Strategic Capital is over the target
China has been sagely subsidizing their base supply chain for the last twenty years
America is finally meeting them at eye level
Intelligent industrial competition is the game
Today, the @DeptofWar's Office of Strategic Capital announced a $1.5 billion conditional loan commitment to Wolfspeed to help strengthen the U.S. supply chain for silicon carbide (SiC), gallium nitride (GaN), and other wide bandgap semiconductor materials.
Combined with private capital, the proposed financing would support domestic production of critical materials and power devices with applications across defense, Super Intelligence, critical infrastructure, and other strategically important sectors.
These technologies are essential to high-performance propulsion, directed energy weapons, drones, electronic warfare systems, radars, and missile defense systems. The financing would also advance U.S. economic security as SiC and GaN are expected to play an increasingly important role in the SI revolution.
war.gov/News/Releases/Releas…
Peter Ackerman retweeted
.@DiscipulusVent reminds me of why I love startups so much.
Just small groups of people, working hard to change the world in a way that actually matters.
Discipulus has that in abundance & it's inspiring to be around.
Peter Ackerman retweeted
Spend just a few days around the LA hard tech scene and it’s hard not to feel bullish on America. The ambition, talent and speed of execution - wish more people could see what’s being built here. Would feel a hell of a lot better about where this country is headed 🇺🇸
Peter Ackerman retweeted
The new era of American seapower starts with Arsenal-2: the biggest investment in a new American shipyard since World War II.
Peter Ackerman retweeted
Some are content to follow progress. Others prefer to make it. American Turbines invites the latter to apply:
americanturbines.com/careers
Peter Ackerman retweeted
3 months I kinda stopped tweeting and went heads down. Since then @deployconduit has:
• Signed a defense prime and multiple Tier-1 auto co's
• Brought on new teammates from ATOMS, Space-X, Hadrian, Rivian, etc
• Sold more hardware in August than in company history
and yet, we still don't have a sales or marketing org. If you're looking to join one of the fastest growing startups helping Reindustrialize America, DM or email me [email protected]
Peter Ackerman retweeted
Announcing Red Frontier: redfrontierindustries.com/ab…
We're building the world's fastest solar and battery power plants. If you get a kick out of this sort of thing, do get in touch, it's a good time.