Touch Grass Podcast

KG on Meta’s $35B raise, its separate $60B offering program and why companies may be raising cash while they still can "METO officially enters the capital raising game through selling more of the stock. So they want to raise around 35 billion." "They just literally upfront paid for 100 to 100 billion dollars in build out and you would think if there is someone who doesn't need more financing and are pretty good for a couple of years, maybe they're just doing it while they can do it." "Maybe they're seeing that market is going to go down in the coming months and maybe right now the time is right to raise this cash. But yeah, I found this weird, but they also have a separate 60 billion offering program." "Even the anthropic thing, who's buying this at 2 trillion? It's just so weird." "It's definitely not something you want to see where the cost of raising money keeps going up and maybe they think it'll keep going up, it will not break down as people expect. So might as well just raise how much ever you can when you can."

KG shares thoughts on Anthropic’s $80B loss, why the non-cash accounting nuance could get lost and why its IPO positioning could get weird "This Rittenhouse research says that like anyone saying this without also explicitly noting that the entirety of that loss was driven by non-operating, non-cash, non-recurring failed value adjustments as a clear agenda to push." "It's not like they were trying to ramp up and scale and they had these commitments and stuff. It's not like this loss is going to keep happening." "This IPO is going to be the most interesting one we've had so far. I mean, SpaceX was interesting. True. This is going to be even more filled with the positioning is going to be so weird."

EmptyBrainTrader on alts price action and why he’s still long bitcoin "These things all just operate against you and you just get f***ed, like you will literally long something and then it'll just round trip over and over and then you close and then it bounces. It's like the most like painful thing in the world." "I just don't think this is the time for Bitcoin to break down. I think like and this is like low time frame I think people are way too aggressive so I'm long and I'm probably willing to close in the next like 24 hours because I see opportunity." "I think the risks for equities is actually pretty big. I think the way SpaceX is like, they're not SpaceX, Anthropic is trying to push their shares into the market." "It's like when you play poker and you have a really good hand and you know you're going to win and IPO at such high valuation, you're going to jam, right? So they're just jamming in my opinion."