October 30 2026 Sacks is back Anthropic S-1 Filing for IPO Seems to be the greatest business in the history of entrepreneurship Ticker: ANT Looking to raise $100B Largest IPO ever SpaceX raised $85B in June Valuation: $1.5T-$2T Revenue - $16.3B in FH2026 Claim TAM of $40T Projecting $100B ARR by EOY Lots of cash 7 founders will hold 50.1% of voting power Biggest venture outcome of all time Fastest value creation of any venture backed company in history Likely biggest business success ever Enormous wealth creation event Extraordinarily cash efficient business Still have ~$100B cash/cash equivalents Margins have been improving Gross margin 85.4% They are showing 10x improvement YoY in delivering task at low cost or efficiently Framework of their business Raw compute Compute multipliers - better architectures, efficiencies, etc Refutation of folks who say open models will end them, etc Crazy customer ramp u...
October 29 2026 (from Gemini) Founder & CEO of WHOOP Scaling to 4 Million Members & The Subscription Pivot: Founded in 2012, WHOOP spent 12 years reaching its first 1 million members before hitting an inflection point—scaling to 2 million in 18 months, 3 million in another 6 months, and projecting 4 million members by year-end (supported by 1,200 employees and a ~$10 billion valuation). When WHOOP first launched to consumers in 2017 after establishing credibility with pro athletes, it charged a $500 one-time hardware fee. While user retention was exceptionally high compared to typical wearables, upfront price friction limited sales volume. In 2018–2019, Ahmed eliminated the upfront hardware cost and pivoted to a recurring membership model ($15 to $30/month). Beyond unlocking rapid growth, the subscription model fundamentally altered WHOOP's engineering DNA: instead of being forced into artificial 12-month hardware refresh cycles to generate unit sales (and withholding featu...