Lokp Ray pfp

Lokp Ray

@lokpray

44 Following
252 Followers


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Lokp Ray
@lokpray
small win in offline RL ^^ https://x.com/seohong_park/status/1930658709631541631
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Lokp Ray pfp
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 donโ€™t want to go public unless they need cash unlike circle The door has always been open for stripe imo and they know it ๐Ÿ™ƒ
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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 ๐Ÿ˜Ž
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Lokp Ray pfp
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 โ€” 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 ๐Ÿ’ https://www.ft.com/content/703e93f1-28bf-4890-8c9c-141bf81dd206
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Lokp Ray
@lokpray
Gukesh ๐Ÿ‡ฎ๐Ÿ‡ณ defeats World Chess Champion Magnus ๐Ÿ‡ณ๐Ÿ‡ด for the first time. Both legends. Been my idol when I first learn to play chessโ™Ÿ๏ธ 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 โ€” particularly text-based sites โ€” 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 ๐Ÿ‘€
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Cynthia Wang
@cynthiawang
yโ€™all arenโ€™t ready for Farcaster summer
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