A successfully concluded blowoff
https://www.youtube.com/watch?v=s1D5LXlAPE0&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20261019-coreweave-founders-cash-out-the-rest-is-mop-up - podcast
time: 5 min 13 sec
Ed’s I Told Ya So is going to be deafening this week
Super weird that Dan Luu still hasn’t apologised to Ed yet.
Three of the founders of AI hosting company CoreWeave — Brannin McBee, Michael Intrator, and Brian Venturo — just announced yet another planned sale of CoreWeave stock, totalling over a billion dollars’ stock sales for each since the company went public. This means that whatever happens with CoreWeave and the AI bubble … they’ve got theirs. [Bloomberg, archive]
CoreWeave has never been a solid business. It spent the past three years piling debts on debts, because this was the AI revolution! This is the future! […]
I really try not to poke fun at names but those are three of the fakest-sounding names I’ve ever heard in my life
ai ceos named “in-trader” and “venture”. thank you Hideo Kojima
