Update: I joined @AnthropicAI to lead AI for State & Local Government! aka making government better with Claude :) Last year I met 20K+ voters running for office in SF. One of those was @DanielaAmodei, President & co-founder of Anthropic 🧵

one unexpected thing of the last decade, is that everyone expected early firms to own majority of downstream investing in their best companies. and with very few exceptions this really did not happen.

New essay up. The HALO Effect - notes on the new“Hire and License Out” deals being done by AI companies, most recently Windsurf - why they are not killing the social contract of SV - what happens when your people are worth more than your company - SAFEs for all things please

These worries that social contract is being broken with these new deal structures is wrong. If anything these structures are example of social contract holding so much that these deals are being structured very expensively in order to make sure investors and employees participate

Someone make a prediction market on the deal's terms when all said and done will have dividend be pro rata to cap table. i want to see that market

Confirmed that investors in windsurf are receiving money

everyone is misreading this. And windsurf is clearly similar structure to inflection / character / etc. with employees and investors having dividended out payout

anyone in sf want a squat rack?

Didn't see it posted on twitter. But if you fit this profile you should for sure apply I have zero affiliation with mongodb. But the amount of good things have heard about Dev is very high

Every should remember that Facebook still owns Onavo Insights and can definitely see in higher resolution than everyone else what chatgpt usage and cannibalization on time looks like