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TBPN is a live tech talk show hosted by John Coogan and Jordi Hays, streaming weekdays from 11–2 PT on X and YouTube, with full episodes posted to Spotify immediately after airing.
Described by The New York Times as “Silicon Valley’s newest obsession,” TBPN has interviewed Mark Zuckerberg, Sam Altman, Mark Cuban, and Satya Nadella. Diet TBPN delivers the best moments from each episode in under 30 minutes.
First, I wanted to chat more about the breaking news from yesterday. Jeff Bezos is in talks to raise a $100,000,000,000 for an AI manufacturing fund. There was a funny post that was like, he has $200,000,000,000. Why does he need to raise more money?
Speaker 2:No conviction? Conviction? Oh. Kidding. Don't know.
Speaker 2:Was funny. It was it like it definite this this broke containment
Speaker 1:Mhmm.
Speaker 2:And got into kind of the anti capitalist People
Speaker 1:are not.
Speaker 2:Part of acts and they were like, wait, why are you asking people for money? You have all the money. Yeah. He wants to let other people in on the action.
Speaker 1:Well, I don't want to let it I I do wonder what his like GP commit will be.
Speaker 2:That's what I was saying yesterday. Was like, I would expect him to be like, yeah, I'm good for 20.
Speaker 1:20 or 30 or something like that. I don't know. Maybe he'll go even longer. But in general, I think the I think the idea of going around the globe, because he's an international person at this point, hoovering up money from all over different sovereign wealth funds and then deploying that to help rebuild the American manufacturing base is a good thing. I wrote about it today in the newsletter, tbpn.com, and I also tried to, you know, do some searching and think about, like, what do you actually buy for a $100,000,000,000?
Speaker 1:What does a portfolio look like if it's a private equity style roll up? If you're just taking out the market caps and you're sort of assuming the debt and continue to operate the business, but then bring more efficiency to bear, what are some of the top options?
Speaker 2:I saw
Speaker 1:what are some of the options look like?
Speaker 3:Don't know.
Speaker 4:The other thing is
Speaker 2:I saw a very viral post Mhmm. About someone that seemingly read the headline and thought, don't you have enough money already? Why do companies and fire fire? Like, they saw automation and they just assume, like, job loss. Yeah.
Speaker 2:Yeah. And when I look at this, I'm like, okay. If he's successful, we will actually start adding
Speaker 1:Jobs.
Speaker 2:A bunch of new manufacturing jobs which we've been shedding
Speaker 1:Yep.
Speaker 2:Over the last year.
Speaker 1:Yeah. Yeah. Yeah. So Exactly. So headline number's funny.
Speaker 1:If he had done 99,000,000,000 or a 101,000,000,000, I don't think people would make it be making as many SoftBank comparisons. But, of course, as soon as you hear a $100,000,000,000 for a mega fund, you'd think You think
Speaker 2:this guy's got vision.
Speaker 1:He's got vision. It's a vision fund for America. I like the idea of an American soft bank, a bit of an American vision fund. So I'm generally pro. And but, of course, people are gonna make comparisons to SoftBank, which has had some huge winners and a few black eyes.
Speaker 1:Moss is a high vol guy. He's been the world's richest man briefly during the .com boom. It was reported that he was worth more than Bill Gates. It was pretty temporary, unclear exactly how much. And, of course, there was no liquidity at the time.
Speaker 1:But he's also held the crown for the man who lost the most money in human history after losing $76,000,000,000 in two years. You're supposed to do the for that. But he made it all back.
Speaker 2:I I was preemptively hitting it.
Speaker 1:Okay. Yeah. Yeah. He did he did make he did make it all back. He's made almost a $100,000,000,000 twice.
Speaker 1:I think maybe there was a moment when he had he had the title of making a $100,000,000,000 twice. One on Alibaba and then the second one on ARM. He's made money on Nvidia and lots of other things. The idea of an American SoftBank, especially one focused on revitalizing American manufacturing, I like that idea. There are a million reasons why this is an important project, job creation, economic independence, national security, and you might just get more cool stuff.
Speaker 1:Like, as manufacturing gets cheaper, like the tools that you use, the cars that you drive, the washing machine in your home, the tires on your cars, all these different things get better. Not just cheaper, but actually unlock new capabilities and new things that people enjoy. And so I'm in favor of more manufacturing, more economic development, basically. And so the question about Jeff Bezos' role, he's a great operator and I he's the right person to take the reins and actually deliver here. So like Masa, Jeff Bezos has been through the ups and downs of the .com boom and bust.
Speaker 1:At one point, Jeff Bezos lost 85% of his net worth in, like, two years.
Speaker 2:But he made it back.
Speaker 1:He did make it back and more. He was worth, like, 8 or 9,000,000,000 and got down to his last 1,000,000,000, basically, because of the stock drop in in Amazon. But he built it. But he but he he not only kept Amazon alive, which I think everyone knows that, you know, Amazon went up during the .com bubble and then crashed and then built back up. But he also kept Blue Origin alive during that time because he's founded Blue Origin in 2000
Speaker 2:Wow.
Speaker 1:Before the crash.
Speaker 2:Didn't know that. Yeah. Before the crash. So he was Was it before SpaceX?
Speaker 1:Yeah. Before SpaceX.
Speaker 2:Woah. Yeah.
Speaker 1:So because I
Speaker 5:I I sold me
Speaker 2:about I assume that Blue Origin was just memetic with Elon.
Speaker 1:No. No. No. Did it earlier. Wow.
Speaker 1:And so That's cool. He so he kept Blue Origin alive. And can you imagine how stressful it is? You're like, okay. I'm worth 10,000,000,000.
Speaker 1:Certainly, can have a little side project as a treat. And you're like, okay. I just lost 85% of my money. I deserve What
Speaker 2:was I thinking? Deserve a side project that loses Yes. 20,000,000 a month.
Speaker 1:Exactly. Yeah. I don't know how much they were losing, but like but that doesn't seem unreasonable. But he was able to keep it going. Of course, Blue Origin was a slow story all the way up until like last year when they landed New Glenn.
Speaker 1:And and so he kept both alive and he's never given up on the project Blue Origin that always has felt behind SpaceX for two the two decades that it's been operating, but is now sort of unlocking new capabilities and is
Speaker 2:They were going
Speaker 1:eels more. Turtle mode. Yeah. Turtle mode for sure. But it's working.
Speaker 1:Regardless of the fact that, you know, SpaceX is still ahead of Blue Origin, you have to give him credit for, like, operating that company efficiently and actually delivering a product that we all saw go up and come back. And so, like, the rockets did go up and land and come back, and he's delivered people to space and back. And so he's he's he's, like, achieved the goal and not lost all the money and not put the company in jeopardy. And so, like, clearly, there's some operational expert
Speaker 3:That's a narrative violation.
Speaker 1:It is a narrative violation. What makes Bezos uniquely equipped to take on this type of project is the nature of his business over the last few decades. So he's never really had the zero marginal cost luxuries afforded to other pure play Internet founders. Amazon's just always interfaced with the physical world. So it's been even though it's a software company and a tech company, it's always interfaced with the physical world.
Speaker 1:And they've had to focus on operational efficiencies to scale. So in 2012, Amazon bought Kiva Systems, which turned into Amazon Robotics. And that's a big risk to buying a big company. And we think that, you know, if this turns into if this $100,000,000,000 fund turns into sort of a private equity roll up, you're gonna ask the question, can Bezos buy a company for 1,000,000,000, 5,000,000,000, 10,000,000,000, 50,000,000,000, who knows, and operate it and scale it and actually continue to deliver value. And he certainly did that with Kiva Robotics, which turned into Amazon Robotics, which delivered over a million robots that are deployed across the operations network.
Speaker 1:So from fulfillment centers, warehouse automation, inventory flow, last mile delivery, all of these require tight integration between hardware and software to run smoothly. Bezos clearly loves this stuff. And you can actually see it when you look at his face whenever he gives a tour of an Amazon warehouse or a Blue Origin facility, he's just beaming. And he's absolutely obsessed with this technology and the physical world. And so the question I had was like, what should he buy?
Speaker 2:Yeah, other thing is like seeing all the different volume across Amazon and being like, well, it'd be pretty convenient if that was made here or this was made here or at least the Yeah. Some of the components were made here. Yeah. And it wasn't, you know, you didn't just have assembly here.
Speaker 1:Yeah. I mean, yeah. There there isn't I I hadn't considered that narrative, but there is a different flow where
Speaker 2:you're you're He's not sitting there being like, great. I love that so much of our volume is having to be shipped or flown across the ocean.
Speaker 1:Ton of that, yeah. And then also, he's seen attacks from TIMU and Xi'an and Alibaba and AliExpress and a whole bunch of direct from manufacturing plant to customer. And how do you respond to that? Maybe getting into the deeper in the supply chain makes sense. Although, I'm not entirely sure that there's so little reporting at this point.
Speaker 1:It's it's the only line is that he'll be buying manufacturing companies. So there's a lot in the supply chain, so I wanted to dig through some stuff that could potentially be in the crosshairs for Bezos. The first is Lear. They manufacture seats and electronic systems for the automotive industry. And a lot of these companies have huge revenues and small market caps.
Speaker 1:So Lear did 23,000,000,000 in 2025 revenue. The market cap is around 5,000,000,000. And so the business is operationally complex. I mean, on a on a PE ratio, it trades at, like, I think, 13 priced earnings. And so, like, you have these high revenues because you're in the manufacturing business, but you're low margin.
Speaker 1:But
Speaker 2:Yeah. And this has been some of the concern around Yeah. VCs investing in manufacturing businesses.
Speaker 1:Yep. Are they used And to
Speaker 2:just a general concern that, you know, they might today be getting valued on a revenue multiple. Yep. But as they get to the public markets, people expect them to be valued on earnings. And that is a very different story.
Speaker 1:BorgWarner is another example. They're a scaled auto supplier, dollars 14,000,000,000 in 2025 revenue. Market cap is $9,500,000,000 They're more focused on propulsion and power related systems. They literally make turbochargers for internal combustion engines, although they have shifted their business a lot to be focused on electronic components, both in terms of making battery packs, motors. But they're actually already getting into selling turbine generator systems for data centers.
Speaker 1:They're part of the AI boom already. Hexcel is another company. They're guiding to $2,000,000,000 in revenue, but the market cap is $5,000,000,000 so a little pricier on a price per price to sales ratio. Here's a fun one, Goodyear. Not only do you get blimps, which has got to be important if you're trying to go blimp for blimp with Sergey Brin, You just jump to the front of the line.
Speaker 1:It's only a 1,800,000,000.0
Speaker 2:multiple dollars is criminal.
Speaker 1:Yeah. It's only So the market cap for Goodyear is 1,800,000,000.0 and revenue was $18,000,000,000 So they're they're trading at a point Somewhere
Speaker 2:there's like a VC funded tire company.
Speaker 1:It's like a 100 x revenue? Yeah. And they're like, we're gonna go through a thousand x multiple compression over the next decade. Yes, you will. But Goodyear is sort of the classic AI for manufacturing case.
Speaker 2:They gotta focus. They gotta get investors thinking about their advertising blimp monopoly Yep. And scaling that business.
Speaker 1:Yep. To cannibalize the Yep. Quality control is really critical. There's opportunities for downtime optimization. So if you can have better systems that limit downtime, you can produce more tires.
Speaker 1:The tire market is extremely competitive. You see Chinese tires on cars more and more. And so these are thin, thin, thin margin companies. And that's why the multiple is so low. Getting good
Speaker 2:Scariest scariest moment of my life in a car. Yeah.
Speaker 1:Chinese tires. Chinese tires. Old Chinese tires. Old Chinese tires. But, you know, a lot of people go in and they say, I need new tires.
Speaker 1:Just give me whatever's cheapest. And so if you're competing on price and you're a low cost supplier, every dollar counts. On the bigger side, you have Rockwell Automation. I don't know if you've ever seen those videos for the Rockwell Turbo Encabulator. Have you ever seen these?
Speaker 1:Look at this.
Speaker 4:Research has been proceeding to develop a line of automation products that establishes new standards for quality, technological leadership and operating excellence. With customer success as our primary focus, work has been proceeding on the conceived idea of an instrument that would not only provide inverse reactive current for use in unilateral phase detractors, but would also be capable of automatically synchronizing cardinal gram meters. Such an instrument comprised of Dodge gears and bearings, Reliant electric motors, Allen Bradley controls and all monitored by Rockwell Software is Rockwell Automation's Retro Encabulator. Now basically the only new principle involved is that instead of power being generated by the relative motion of conductors and fluxes, it's produced by the modial interaction of magneto reluctance and capacitive Passive interaction.
Speaker 2:Why so much?
Speaker 4:The original machine had a baseplate of pre famulated analyte surmounted by a malleable logarithmic casing in such a way that the two sperving bearings were in a direct line with a panometric fan.
Speaker 1:Panometric fan.
Speaker 4:The lineup consisted simply of
Speaker 1:It's just a it's just like such a funny in joke for electrical engineers because it's just a whole bunch of like slop basically. Like, none of those terms mean anything.
Speaker 2:Good startup launch video concept.
Speaker 1:Yeah. Yeah. Yeah. It really I mean, it it it helps you like detect like are you in group, out group, basically. Very, very fun.
Speaker 2:They You say are in out group.
Speaker 1:What? Well, were you able to clock it? Or were you like, oh, that sounds good.
Speaker 2:You know? I mean, it sounded silly.
Speaker 1:It sounds silly. So Rockwell Automation's on the bigger side, but they sit right at the intersection of factory automation software and control. So although that video is a joke, Rockwell does does work on factory automation already. So the thesis with this one is that the business is already dedicated to industrial automation. And so it's less of a turnaround, but it's a control point for pushing AI to thousands of other factories who are deeper in the supply chain.
Speaker 1:It's expensive at 40,000,000,000, but potentially in the budget.
Speaker 2:Do you think there's a world where he just buys a Ford Motor company? I mean, he wouldn't he would have to lever up.
Speaker 1:What is Ford now? I
Speaker 2:thought 40 it's 45. But I but I'm not but he's not gonna just drop, like, raise a 100,000,000,000 and then and then buy a company entirely with equity.
Speaker 1:I feel like it will be deeper in the supply chain than a brand, but I don't know. It's possible. It's possible.
Speaker 2:But he might say
Speaker 1:Isn't he already a big investor in Rivian?
Speaker 2:Yeah, sure.
Speaker 1:So like looking deeper into that supply chain, and there's a few other car companies that he'd been been involved in. I just don't know that there's that, like, that's where the big opportunity is. It might be deeper in in the supply chain, like bending the metal that goes into the bumper, the this and that, and, like, you know, it's 12 steps deep. It's more boring. But it's even thinner margins, less brand risk and brand value, but really focused on applying that actual commercial excellence.
Speaker 1:And then there's also the option that we get some sort of Elon style mega corp with Blue Origin involved at some point. Like, xAI and SpaceX merged, it's possible that Blue Origin and this vehicle come together with Project Prometheus in some way, and then that goes public as a new entity. A lot of these he's he's actually mentioned the whole space data center thing before, I think a while ago. Wasn't it like more than a year ago? I don't
Speaker 5:think I think they also just filed something with the FCC
Speaker 1:Okay. Yeah. For the new cloud. Yeah. For the new
Speaker 5:was like 50,000 satellites, I think.
Speaker 1:Yeah. Yeah. So so he wants like a direct Starlink competitor. And so when you think about the full AI stack, if he's really, you know, off off planet, you know, pilled and thinks he can get thinks he can get there even if it's like a year or two behind or I guess what's the timeline for his Starlink competitor? That would be like three years behind, four years?
Speaker 5:Yeah. Mean, for for for the moon, he he's supposed to ahead. Right?
Speaker 1:Oh, yeah. So Maybe this will all go on the moon. Well, either way, it's a big move from an experienced operator with lots of opportunity ahead, and it'll be fun to follow along.
Speaker 2:And I'm glad he's back in the game in a big way Yeah. Not just doing random, you know, side projects.
Speaker 1:Bottle service.
Speaker 2:Or bottle service. Yes. He's gotta be spending No worries. More time and energy securing America's future Yeah. And securing bottle service.
Speaker 1:Well, you know, I mean, the the guy can take a weekend off, but one photo from his weekend flies a lot further than, you know he could be completely locked in and just grinding eighty hours, and then he goes and gets bottle service just one time. Let's go over to Jensen on the All In
Speaker 6:dollar engineer at the end of the year, I'm gonna ask them how many token how much did you spend in tokens? And that person said $5,000, I will go ape something else.
Speaker 5:Yeah. Right?
Speaker 6:If that if that $500,000 engineer did not consume at least $250,000 worth of tokens, I am going to be deeply alarmed. Okay? And this is no different than one of our chip designers who says, guess what? I'm just gonna use paper and pencil. I don't think I'm gonna need any CAD tools.
Speaker 1:Right. Right.
Speaker 3:This is a real paradigm shift to
Speaker 6:start
Speaker 3:thinking about these all star employees. It almost reminds me of of what we learned in the NBA when LeBron James started spending a million dollars a year just on his health and his body, like, maintaining it.
Speaker 6:That's right.
Speaker 3:Here he is at age 41 still playing. It really is, hey. If these are incredible knowledge workers, why wouldn't we give them superhuman abilities?
Speaker 6:That's exactly right.
Speaker 3:Where does that go? If we if we extrapolate out two or three years from now, what is the efficiency of that all star at Nvidia and what they're able to accomplish? What does look like?
Speaker 6:Well, first of all, things that that that, wow, this is too hard. That thought is gone. This is gonna take a long time. That thought is gone. We're gonna need a lot of people.
Speaker 6:That thought is gone. This is no different than in this in the
Speaker 4:last
Speaker 6:industrial revolution. Somebody goes, boy, that building really looks heavy. Nobody says that.
Speaker 5:Right.
Speaker 6:Nobody wow. That mountain looks too big. Nobody says that.
Speaker 3:Right.
Speaker 6:Everything that's too big, too heavy, takes too long, those thought, those ideas are all gone.
Speaker 3:They reduce the creativity.
Speaker 6:That's right.
Speaker 3:What can you come up with?
Speaker 6:Exactly. Which means now the question is, how do you how do you work with these agents? Well, it's just a new way of doing computer programming. In the past, we code. In the future, we're gonna we're gonna write ideas, architectures, specifications.
Speaker 6:We're gonna organize teams. We're gonna help them define how to evaluate the definition of good versus bad. Right. What does it look like when something is a great outcome? How to iterate with you?
Speaker 6:How to brainstorm?
Speaker 2:You know, says guy that sells shovels says you should spend 50% of your salary on shovels. But of course, Jensen's point is generally correct, is that you should give your best people a lot of leverage.
Speaker 1:Yeah. I do wonder what the, like, leverage ratio is in other industries. If you're a crane operator and you're making, I don't know
Speaker 2:If you should give him the best possible crane.
Speaker 1:Yeah. Like like, is it possible that that if you're operating a $10,000,000 crane or something, I don't know how much a crane cost, or like a or or a cargo ship that's ferrying oil across the world, how much does that crew cost? And then how much does the ship cost? And then what's the depreciation on that ship? Because it might be like $100,000,000 ship that will last twenty years.
Speaker 1:So you're looking at $5,000,000 a year. And if the crew total cost of the crew is like $1,000,000 well, then you're actually spending more on the capital asset than the underlying talent. You're getting leverage on top of that. And for a long time, software engineering has not been that. It's been $100 worth of internet and a couple thousand dollars on a MacBook and a lot of open source software because you're using Python and Linux and these things.
Speaker 1:And I mean, I guess you could maybe burden like your cloud budget once you actually deploy the app. Like, if you think about if you're a Facebook engineer or Instagram engineer, you could push a feature that consumes a ton of compute. But this is also going back to like the AI talent war, where you get back into if you're a elite software engineer and you're like, look, I'm going to be in charge. I'm going to be managing $05,000,000 worth of token budget over the next year, well, I want comp that's higher than that or something like that. It'll be very interesting to see how the value works there.
Speaker 1:A reasonable ballpark for the annual cost of a fully loaded cargo ship is around $4,000,000 to $18,000,000, so including the cash operating cost plus the depreciation. So I don't know.
Speaker 2:In other news, the US Department of Justice announced yesterday three charged with piring to unlawfully divert cutting edge US AI technology to China. The indictment unsealed today details alleged effort to evade US export laws through false documents staged dummy servers to mislead inspectors convoluted transshipment schemes in order to obfuscate the true destination of restricted AI technology, China. Said John Eisenberg, assistant attorney general for national security. These chips are the product of American ingenuity and NSD will continue to enforce our export control laws to protect that advantage. So the company, SMIC Super Micro Computer Inc.
Speaker 1:The co founder
Speaker 2:They caught him
Speaker 1:red handed. Nvida Smuggling. He's arrested today or yesterday. He personally holds half $1,000,000,000 of Super Micro stock. Still risked it all, and now he's facing thirty years in federal prison.
Speaker 1:That is crazy. He's charged with smuggling billions in Nvidia servers to China, used Southeast Asian Shell company to funnel 2 and a half billion in servers to Chinese buyers. 500,000,000 worth shipped in just three weeks in 2025. That's a lot. 2 and a half billion in servers feels like enough for, like, a frontier training run.
Speaker 1:Like, that's a big, big that's a big push. Built thousands of fake dummy servers to fool US compliance auditors caught on surveillance camera using a hair dryer to swap serial number stickers. And so, OX, Gee Gee says, this man is a billionaire and was removing labels with a hair dryer personally. You're simply not grinding hard enough.
Speaker 2:There's always there's always a grind set lesson in
Speaker 1:There's always any story like this over to LinkedIn.
Speaker 2:Mean, it's also notable because there's the export tax or tip that, you know, that you're trying to bring chips out of the country that the US government kind of flips over the Square terminal, and they say tip,
Speaker 1:Yep. Yep.
Speaker 2:It's 25%. So you're looking at at hundreds of millions of dollars if these were even if these were chips that were able to be exported.
Speaker 1:We were debating the the flipping the iPad around asking for a tip earlier today. And I think our our joint stance was if the iPad is turned around, you got a tip. Yep. It's just the etiquette is that you got a tip. But is there any is there anywhere where that line crosses and you say, I can't.
Speaker 1:I can't possibly push something.
Speaker 2:Funny thing is Airwon asks for tips Really?
Speaker 1:On online orders. Online orders? Wait. But there will be a human delivering it?
Speaker 2:Or There's two separate tips.
Speaker 1:Okay.
Speaker 2:There's there's the the person in the store Mhmm. Who puts these things in the bag Mhmm. And then there's the delivery person. Yeah. And they're at they they they flip it over twice.
Speaker 1:Yeah. The game theory of this stuff is always hard because I feel like I don't know. There's regulations on like taxes on tips, but it's very unclear if companies actually funnel how they distribute the tips. Like are you tipping the person? Are the tips grouped Were your tips pooled when you were valet?
Speaker 2:Yeah. Yeah.
Speaker 1:They were pooled. So even if you did
Speaker 2:a great job jobs at the hotel. The valets Yeah. They pool. Yeah. Bell staff, the people that, like, take you down to your room do not Interesting.
Speaker 2:And that was just the rules.
Speaker 1:Oh, it's because I might be the one who parks the car, you might be the one who gets it.
Speaker 2:Well, in a in a dynamic where you have a bunch of valets that are waiting for cars Yeah. It would be a bad experience for the guest if the Valleys are like, they see a nice car pull in and they're like fighting over themselves Sure. To deliver Yeah. Yeah. It should just be like whoever's available Sure.
Speaker 2:Should deliver the best possible service. Whereas Bell work is much more one on one. Okay. It's like I'm kind of your guide on property. I'm gonna like, you know, you you might have the person's cell phone.
Speaker 2:They might be texting you, etcetera. Interesting. And so it makes more sense to not pull.
Speaker 1:When a when a broker who had bought Nvidia powered servers from the Southeast Asian company sent Sunny a text message containing a link to an announcement about Chinese nationals being arrested for smuggling AI chips into China. Sunny allegedly responded with sobbing emotions.
Speaker 2:Scroll up. Scroll up so people can see.
Speaker 1:Morning, Bruce says, hey, man. You're probably going to jail. Super micro cofounder. Cry cry cry emoji. And scroll down and you'll see Nick Carter.
Speaker 1:Literally this. Your son has passed away. It's the warthog explosion. I'm sorry, but the super micro thing is awful, but parts of it are genuinely hilarious. They literally used a hairdryer to move serial numbers from real servers to dummy servers to throw in a warehouse and got caught on camera.
Speaker 1:And the pictures have actually leaked red handed. Yes. It's a red it's a red hair dryer. That is that is remarkable. Trunk fan says, do things that don't scale.
Speaker 1:Classic founder energy. In January
Speaker 7:hosted by Beijing based entrepreneur, Su Di, on the Chinese social media platform, Douyin, has sparked
Speaker 2:Wait. It's literally you can see watch this. Watch this.
Speaker 7:Look at that. Access to
Speaker 2:Re rewind for a second. You can see a super micro logo entrepreneur,
Speaker 7:Su Di, on
Speaker 2:Bone is absolutely This
Speaker 1:is from January. No. I I I'm telling you, like, a lot of I I I mean, I'm I'm I'm sure the the Wow. Justice Department were working on this, like, earlier than this. But a lot of times, like, legal action will happen, like, downstream of, like, YouTube drama videos.
Speaker 2:Almost a year and a quarter ago, somebody responded to Bone and says, it's SMIC packaged. And Bone says, do you think SMIC is smuggling chips?
Speaker 1:Wow. And
Speaker 2:the It is still proven guilty about they are. Family family owned business in Taiwan. I won't be surprised if there are some family members who wanna make this money by setting up fake shell entities and smuggling chips for business partners in China. Wow. It's good money.
Speaker 1:Wow. Kevin Kwok has a good meme that everyone enjoyed. They expect one of us in the wreckage, brother. And it's not Jensen. The Bane Bane meme.
Speaker 1:It's very, very funny.
Speaker 2:And, yeah, the the SMIC founder, I believe, at GTC just a few days ago.
Speaker 1:Oh, really?
Speaker 2:Hanging out. No way. He was I I saw a picture of him with Jensen.
Speaker 1:Yeah. Until the music stops playing, I suppose. We will be watching Bruce Lee fight Chuck Norris in the way of the dragon because this is the way that we pay our respects to Chuck Norris, who, of course, passed away at the age of, I think, 86. And this is one of the most iconic fight scenes in movie history. Have you seen The Way of the Dragon?
Speaker 2:Of course. Of course.
Speaker 1:Scene was unique. It was set inside Rome's Colosseum, and it was often cited as a turning point for how martial arts were portrayed on screen, particularly because they didn't use actors. So both Bruce Lee and Chuck Norris were legitimately high level fighters. Norris was world karate champion at the time. They cast him in part because of that, And it has a much more, like, grounded, credible feel as opposed to, like, previously, like, more stylized kung fu films.
Speaker 1:And and you can see this with the Bruce Lee actually directed and choreographed this himself. So Lee had full control. So the director didn't say anything. And they do these cool, like, punch in shots. Look at this.
Speaker 1:So you're seeing nice wide. You can see exactly where he is. There's no body double. And then we're gonna zoom in. And then what are we gonna do again?
Speaker 1:We're gonna zoom in again. And so we see his face, and he's just sitting there waiting. Brilliant shot. So so much time to breathe and understand and feel what he's feeling. The music, footsteps, breathing, clothing movement, the cat, of course.
Speaker 1:Any snakes? Yeah. No snakes, I don't think. I haven't watched the whole thing. Your camera often stays wide.
Speaker 1:This stays in contrast to something like Bourne Identity. Very, like, fast cuts Close ups. Close ups. Much easier to get something that feels intense when you're cutting and chopping. It's much harder to make something like this where you see the full body, you see now we're in slow mo.
Speaker 1:They're they're they're shotting back and forth. The empty arena gives a gladiatorial vibe, a sense of ritual combat, visually frames the fight as mythic, not just physical, increases his mobility, switches his rhythm. We gotta talk over it or else we get demonetized and banned. So let's move over to Montana. One and only Moonlight Basin.
Speaker 1:There's a property that made it into the timeline. Oh, indoor New. Okay.
Speaker 2:This is a new hotel.
Speaker 1:Okay.
Speaker 2:Got to visit the property a few weekends ago
Speaker 1:with I saw some promotional material for this.
Speaker 2:It is it is absolutely stunning.
Speaker 1:Okay.
Speaker 2:I I wanna have Sam, the founder of Cross Harbor, Bruce, the developer Yeah. The show because he is he's basically, in my view, felt like he was the mayor Mhmm. Of Big Sky. He's developed All it. And all these incredible properties.
Speaker 2:Donated a hospital
Speaker 1:Yeah.
Speaker 2:To Big Sky too. Just said, here's the hospital
Speaker 1:That's cool.
Speaker 2:For the local community, which is amazing.
Speaker 1:Does it have zebras?
Speaker 2:Not no zebras.
Speaker 1:Does it have tortoises? For
Speaker 2:5,100,000.0, this safari like estate comes with zebras.
Speaker 1:Oh, got a solution to my problem. I need zebras
Speaker 2:animals room free at California's 137 Oak Hill Preserve, which has a five bedroom lodge and a helipad.
Speaker 1:I feel like anything that has zebras and tortoises should be up in the double
Speaker 2:Each zebra, I don't know how much it costs to get a zebra, but you should get like a 10x multiplier on it.
Speaker 1:Yeah. For sure.
Speaker 2:Like having AI researcher.
Speaker 1:Visited Africa for the first time in the eighties, he said, but his heart never left. He he proposed to his now wife, Bernadette Kraft, in a hot air in a hot air balloon. That's elite. Above the Serengeti National Park. The couple got married in Nairobi, Kenya in 1990 in 1988 and two decades after taking their three sons to Victoria Falls in Zimbabwe.
Speaker 1:Brian started wondering how he could bring some of the African experience closer to home. Can I recreate a mini Africa that's a short distance away from our house? Thus began a years long process of developing roughly 137 acre safari like sanctuaries in Ion, California. So now approaching the age of 70, Kraft, who is a commercial real estate broker, entrepreneur, and aspiring screenwriter, is listing the vacation property for $5,100,000. Approximately 15 animals are included in the offering.
Speaker 1:That's only less than a 10 x multiple per animal. Flat
Speaker 2:two hours right now In
Speaker 1:the from
Speaker 2:San Francisco. Oh. But get this. What? If by train Yeah.
Speaker 2:It'll only take you six hours.
Speaker 7:Did you
Speaker 5:guys miss this line? It says one of his friends discovered what he believed to be a century old gold mine.
Speaker 1:Wait. Really? What?
Speaker 2:I didn't that. He's just prank he's pranking everyone right now.
Speaker 1:This is crazy.
Speaker 2:He just I think he wanted to just show off his I think he just wanted to show off his ranch. So he's like, yeah. I'm selling.
Speaker 1:I'm selling. He's not selling this thing.
Speaker 2:There's no way. Zero He just wanted the he just wanted the journal feature.
Speaker 1:We do we do need to get this guy on the show, though. He seems like he's just had a great life and a great time. There is a culture here. Which companies will officially announce an IPO this year? Jersey Mike's is running away with it at 73%.
Speaker 1:OpenAI is at 48%. Anthropix at 42. SpaceX at 80 Jersey Mike's. Cerebras is at 91.
Speaker 2:We gotta do the Jersey Mike's IPO.
Speaker 1:Jersey Mike's If if they don't get on the New York Stock Exchange, we're not doing our job. We gotta have the founder on the show. SKIM's at 31%. DEAL at 23%.
Speaker 2:SKIM's IPO is interesting.
Speaker 1:Databricks, 22%. Shein, 21%. Beast Industries at 14%. Andoril at 13%. This is an interesting I'm I'm really into this.
Speaker 1:Thank you for watching. Big weekend. I will see you all on Monday. Leave us five stars on Apple Podcasts and Spotify.
Speaker 5:Is there No. Anything else we gotta
Speaker 1:We'd love you. For the newsletter.