Lokp Ray pfp

Lokp Ray

@lokpray

44 Following
252 Followers
Lokp Ray pfp
Lokp Ray
@lokpray
small win in offline RL ^^ https://x.com/seohong_park/status/1930658709631541631
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Lokp Ray
@lokpray
They will go public (investors need exit cuz profit sharing isnt as juicy) Recently talks/data showing that growth is slowing down with limited product innovation + high pricing and customers are going for alternatives. Going public is the only way here. Just a matter of time on how long they can drug staying private.
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Lokp Ray pfp
Lokp Ray
@lokpray
show me negative and we talk
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Lokp Ray
@lokpray
No cuz stripe is actually very very profitable and they don’t want to go public unless they need cash unlike circle The door has always been open for stripe imo and they know it 🙃
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Lokp Ray
@lokpray
This somehow matches exactly what openAI has to say today lol
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Lokp Ray
@lokpray
Applied Intuition founder AMA was worth it 😎
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Lokp Ray
@lokpray
FTX
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Lokp Ray
@lokpray
you right but everything is relative~
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Lokp Ray
@lokpray
ceo bodyguard
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Lokp Ray
@lokpray
overvalued for buffet prob -- also tender offer is tiny in size given the demand but anything is possible for sure
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Lokp Ray
@lokpray
safe is an understatement imo
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Lokp Ray
@lokpray
Fundamentals: - Est P/E ratio = 46.6 (cb is ~46 but they are more than just a stablecoin) - If/When trsy yield drops, they start losing money really fast - Other stats (see pic below) Degen/Hype/Growth: - $7.2B market cap is basically free compared to Ethena or Maker. - BlackRock and Ark need exposure to stablecoins - Congress/gov is passing laws (GENIUS Act) - Literally the ONLY stablecoin/crypto exposure institutions can access (aside from Coinbase — who gets paid by Circle anyway). NFA
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Lokp Ray
@lokpray
Android studio
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Lokp Ray
@lokpray
circle ipo this week will be fun to watch
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Lokp Ray
@lokpray
maybe telegram + grok deal kinda make sense after all 💁 https://www.ft.com/content/703e93f1-28bf-4890-8c9c-141bf81dd206
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Lokp Ray
@lokpray
Gukesh 🇮🇳 defeats World Chess Champion Magnus 🇳🇴 for the first time. Both legends. Been my idol when I first learn to play chess♟️ https://x.com/chesscom/status/1929261070616535380?s=46&t=bXRj3LXXGHjoj1idpl6gdQ
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Lokp Ray
@lokpray
Waymo has officially surpassed Lyft in market share (in sf) and is projected to surpass Uber within the next year
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Lokp Ray
@lokpray
"The ad-supported web — particularly text-based sites — is going to fare considerably worse. In fact, the most substantive pushback to my defense of advertising was in my own excerpt: most ad-supported content is already terrible, thanks to the bad incentives both Zuckerman and Andreessen bemoaned, and the impossible economics enabled by zero marginal cost content generation and consumption." https://stratechery.com/2025/the-agentic-web-and-original-sin/?utm_source=substack&utm_medium=email
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Lokp Ray
@lokpray
Is it ai related 👀
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Cynthia Wang
@cynthiawang
y’all aren’t ready for Farcaster summer
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