Israeli strikes on Iran: next-gen asymmetric warfare and what comes next

hopping on. How are you doing? Doing great. Doing great. Explain to us uh first off, let's start with what's going on right now. Uh there's a lot of posts. It's really hard to make sense of all what's AI slop. There's some really striking images.

I saw one crazy photo of what appeared to be a drone that went directly into a single bedroom. Very, very precise. How precise are these targets? What's actually going on? What's the scale of this? Is this World War III? And then I want to get a little bit of the history from you. Yeah.

So, first of all, I think precision targeting is not like a new thing.

I mean, even as far back as like the uh the first Gulf War, there were reports that American cruise missiles were able to target, you know, very specific locations like uh you know, the thing that got leaked to the media was like, "Oh, we can we can hit a bedroom window with a cruise missile.

" And I can't speak to whether or not that's accurate, but you know that's over 30 years ago. So you can just think like things have gotten a lot better.

I think the big takeaway right here is we're seeing actual like next generation asymmetric capabilities being deployed uh and and they're being deployed in a way in which we're literally seeing them. Obviously the footage is getting leaked. There's all these reports of like Iranian missiles failing at launch.

So you have like possible next generation cyber weapons being deployed. Maybe it's RFW. You don't know. But this is like really stuff that's happening. I mean, they built drone bases supposedly inside Iran, which is wild. Although obviously we just saw the Ukrainians do the same thing against the Russians.

Yeah, I heard some report that I think a hundred suicide drones left from Iran. None of them made it to Israel. And so uh some defense technology was clearly employed there to stop that. Or maybe it's just shotty manufacturing. Who knows? Yeah.

Look, the point that I'd make here is like you just have to hand it to the president of the United States because from his perspective, this is all just a negotiation. Like this guy's the goat, you know, and he's just like, "Hey, we're still open for negotiation. " Like, yeah, we're going to kill half your leadership.

And like, we'll see you at the table in 3 days. Yeah. I mean, this is Yeah. What did you what did you think about the you know people were sharing around 61 days ago I guess he he gave like a 60-minute kind of uh deadline or sorry 60day deadline. We're on day 61. Day 61 this happened. Yeah.

Um did you were you reading into that at all? Were you expecting it? Uh I wasn't personally expecting it but it does make sense.

Now, the question of whether or not that was directed or agreed upon or just sort of like a shelling point, like the Israelis looked at that date and they're like, "Okay, if we do it on this date, it'll seem coherent. " You don't know. I think probably one of the few people who will know on the planet is the president.

Uh, but it is nice because I mean, the president is very open about what he wants.

Um, and I think, you know, for the past 20 years, our foreign policy leaders, whether it's the president or secretary of state, they sort of had this like very amateur-ish attitude to foreign policy, like, "Oh, we're just going to play nice with everybody.

" And Trump is just like, "No, we don't want you to have a nuclear weapon. We're 100% fine with all of these other things. We're negotiating on this and like, yeah, there are going to be consequences and you're literally going to see them right now. " Okay. Give me a little bit of the history.

Is it is it uh before we get into the history, is it too early? People on the timeline are are calling it the one-day war. They're taking victory laps. And then there's the other side, which is it's World War II. I was seeing that a lot last night. Which one is it?

It just feels a little too early for people to be claiming uh victory given we don't uh know the consequences. We've also had a pretty poorest border for for years. So, I think there should be concern, you know, even at home around Yeah. Yeah.

Sunsu and Clauswitz both write about how politics and war are essentially extensions of the same of the same thing, right? How do you get other nations to do what you want them to do or to come to a negotiated uh you know agreement etc.

So I think you know I don't know I'm not even sure the degree to which if at all the United States is involved. What I would say is it seems like Iranian air defense systems are essentially zeroed out. So the war will go on as long as the Israelis want it to go on. Mh.

And so at that point then you create this like you know interesting triangulation relationship where the president is still offering what remains of the Iranian leadership an olive branch. It is up to them to take it.

If they don't, you know, they have to know that the Israelis essentially have the capability and intention and and the willingness to essentially just do whatever they want, including high level leadership targets.

And I think you have to imagine if you're the Iranians that you know you're asking what else do they have in the tool box. Uh give me a little bit of the history. I think most of us are familiar with the meme of like this is a picture of Iran before the revolution. Very modern. We used to be allies.

Iran used to be a massive I think third largest GDP in the world. Used to be an ally of Israel by the way. you know, just talk about like weird turnabouts if you're crazy. So, walk me through kind of the story of like how we got to this point. Yeah.

So, obviously there there's a lot here and I would encourage people to do their own research. Uh lots of great books and I'm by no means uh an experts expert although I have been working was working in this area for at this point almost two decades. Yeah.

So yeah, there was a revolution um in uh in Iran to push back against uh leaders that the United States and the UK supported and wanted to remain in power. And the main flip there was they went from essentially a capitalist democracy to a communist theocracy more or less.

Uh I mean, you know, the the sha of Iran is was essentially and you know, he he's still here, you could say. uh I think he lives in Los Angeles. Um so more of a I'd say more of a like capitalist monarchy although you know you'd have to go into the full details of how the government was architected.

So um it was very compatible with American It's interesting that he land he landed in the land of the Gwagon. Is it a coincidence? The car that not a coincidence at all I would imagine. Okay.

Uh so you know there there was push back, there were elections, there was a lot of you know uh fment um the government essentially fell and then there was sort of a second revolution that happened shortly thereafter uh where the hardline uh Shia Islamic theocrats came to Bower.

So the first, you know, the first sort of situation happens where there's this, you know, not failed election, but election where the government is not um reified, I guess you could say. I'm just trying to like compress all this down.

So, you know, a lot of unrest um and then the Islamic uh revolution comes to power uh in hostage crisis. Obviously, a lot of things happened. Uh for folks that don't know, you could check out how uh yes, they took Americans hostage that were at the embassy uh during this revolution. That was in 1979.

Again, a lot of dense history here. 400 days. Yeah. Long. It was a long hostage crisis. 400 days. Like that's that's really long in many. And it happened alongside the uh the presidential election campaign um for Jimmy Carter. He lost. won famously the um the Iranians didn't let the hostages go.

At the same time, there was a failed hostage rescue attempt that has very interesting history into the architecture of the US Department of Defense, US Special Operations Command comes out of that failure um known as Desert One. So yeah, a lot of history there.

I think for folks that are not really tuned in on this, the thing that I would say is um you know the Iranians were very active in the wars in Iraq and Afghanistan. Um their explosively formed penetrators killed hundreds of Americans.

Their individual operatives who were both Iranian nationals and Iraqi nationals also directly responsible for the deaths of a ton of folks. This has caused Sulmani for a long time leading the coups force in in Iraq, right? Yep. So, a lot of that.

Um, and so, you know, there was there was a lot of bad blood and so I'm not saying that, you know, oh, we should go to war with Iran. I actually think let the Israelis handle it. Um, I'd prefer we close the border. U, but at the same time, like they're not good guys.

You know, they've been killing Americans for a very long time um in a bunch of different places. And I think you've had a lot of US uh uh senior leaders whether it's President Obama or others try and find ways to build bridges to that government and essentially been rebuffed and then you know doubled down on.

So it's just like you know no heroes. Last last question for me um yesterday the internet went down. Cloudflare Google uh you know the the the tinfoil hat crowd is saying maybe they're linked happened. I mean, Cloudflare said this is not we we weren't attacked.

We would say if we were attacked because it would it would be a get out of jail free card. Like it seemed like it was an issue with their key value store. Uh what's your take? I don't know. Obviously, you always want to wait until more facts come out. Yeah, the timing didn't seem We don't need facts.

What's Give us the hottest take. Yeah. Sorry, things sometimes happen, boys. So, uh say love. Do you think do you think we'll ever do you think we'll ever have clarity on on the outage yesterday? It was I think Cloudflare did a pretty good job explaining, but I don't know.

Look, here's what I would say for folks that want to look to the future. Like what's the Iranian response going to be? They absolutely have, you know, how many foreign sabotage teams are operating on US soil? They they absolutely have assets here in the United States.

Those assets absolutely have access to asymmetric capabilities. Those could be drones. It could be like hit squads, etc. And I think that you'll be able to gauge the temperature by whether or not those assets start to get activated and start to then go after things here in the United States.

Especially because the president has been clear like maybe he was aware of what was going to happen, but there was no official, you know, logistical US support for the Israeli operation. like they did that themselves, you know, maybe there was some sort of like sure do whatever you want.

Um, you know, permission from the United States, but you have a statement from Marco Rubio. And so I would just say like stay tuned. The asymmetric tools that were used against the Iranians are not, you know, unique to them. These are things that are out in the wild right now.

So I'm certainly going to be paying a lot of attention to that. And for TVPN viewers, I say that's where I'd, you know, be looking. Well, thank you for monitoring the situation. Yes. On behalf of uh on behalf of us. There's no better place to monitor the situation than from the TVP and Ultra.

What we're doing at TVP from the Fortress. We're constantly just monitoring the situation. That's that's what the show is all about. Thank you so much for hopping on, Josh. We'll talk to you soon. Thanks, Josh. Cheers. Enjoy your weekend. Uh well, in some good news, um Chime went public 12 years ago.

Kristen Green writes, "They had a simple the founders had a simple conviction. Americans deserve better from their banks. Chime went public with 8. 6 million members, 121 billion in annual volume, and an average of 54 transactions per member per month. So, congratulations to the Chime team. They rung the bell.

Absolutely fantastic. Congratulations to Kirsten Green on uh being their first backer. Great outcome. Congratulations. How are they uh how are they trading is the big question. Oh, it it it went way up. It did very well. Uh the the company climbed 37% in debut after $864 million IPO. Very good news.

We can go into the whole story. I'd love to know a little bit more about the back story. I'd love to I actually guess it priced at $18. 4 billion. That's great. Uh originally or or that's kind of how where they debuted and then and now it's trading at 11.

It's down a little bit, but still that that's in the range that that um I think a lot of analysts were were anticipating or or how they felt it would be fairly valued. Well, if you love fintech, you got to get on ramp. Ramp. com. Time is money. Save both.

Easy to use corporate cards, bail, payments, accounting, and a whole lot more all in one place. And we have uh RAMP has uh Andrew as a customer. We have a fun activity today in the studio. Uh we have Tyler Cosgrove, our intern over there.

He will be assembling a Fury drone made out of Legos that was very nicely courtesy uh sent to us from the Anderal team. How you doing? Good. I'm very excited. Um break it down for us. What's the plan? It's the the Fury Ander drone. Um it's a group five autonomous air vehicle. Um so I think it's it's I think 124 scale.

So the real thing is I believe 20 feet long, which is like around half the length of a F-16. Okay. Um, but yeah, there's How many pieces are in here? When's the last time you you put together a Lego set? Um, I was probably 12. Okay. So, like eight years, a few years ago. I'm feeling pretty good.

I don't know who has the current record on on the, you know, the speedrun of this. Yes. I I think you can set the world record. It might be like Palmer's kids, but I believe they're pretty young, so I think I should have You're going to smoke them. You're going to smoke them. Okay. So, we're going for a world record.

Uh, we're not doing any percent here. We're doing 100%. We're we're doing glitchless. I don't want to see any any cheats employed over there. We're going to be tracking the timer. Uh production team's going to start a timer. I don't know if we're going to be able to put on the screen, but we will uh be tracking him.

So, on your marks, get set. Do we Wait, wait, wait. Do we want to do we want to have any like consequences like fantasy football consequences? I have I have something for you. I think it's in my car. I have If you can do it under How How long do you think it's going to take him?

I mean, I I think if you can do it, the reward should be under under 30 minutes. 20 minutes. 20 minutes. That's under 30. Under 30. If you can do it under 30, I have an Anderl t-shirt and it's shareholder worn. It's a shareholder worn Ander jersey. Wow, that's powerful. Jersey worn by it signed.

I bet we could get it signed. We get it signed um by Luke Metro. So, uh it's extra large. I don't know if it'll fit you, but you will win an Ander t-shirt if you can do it in under 30 minutes. On your marks, get set, go. Start your engines. Send it. He's He's going to be working on that while the show goes on.

We're going to be bringing you the news. Break it down. It looks pretty complicated. 600 pieces. We will see how he does. Okay. We will be checking in with him over the next half hour, over the next hour. Uh letting you know how it goes. Anyway, let's read through some of this chime. Let's tell you about Figma first.

Figma. com, think bigger, build faster. Figma helps design and development teams build great products together. If golden retrievers could design software, they would use Figma. Absolutely.

Uh designol uh Chime Financial rose 37% in its trading debut after pricing its shares above the marketed range to raise uh uh to raise uh $864 million in the year's sixth biggest US IPO. That's great.

The fintech firm shares opened at $43 after selling for 27 in the IPO and they've been kind of trading around since then. Um yeah, they're sitting at $34 a share at this point. So down. So still up from still up from 27 which is great.

Uh accounting for employee stock options and restricted stock units, Chime has a fully diluted value of about 15. 8 billion based on filings with the US SEC. that fully diluted uh value is a sharp drop from the $25 billion valuation in a 20 2021 funding round at the peak of the tech tech boom.

And so we've seen a lot of these uh companies that had higher marks during the zero interest rate era. But of course interest rates have gone up. That affects the value of future cash flows. It affects the value of tech companies in particular.

But it's still important to get out get liquidity even if it's not at the high mark. Your LPS you can distribute. They can choose what to do with it.

maybe they hold because we've seen a lot of companies that go out at below the previous peak but then they grind up because they have a lot to build up and this isn't a situation where it's a company that's sneaking out at a 4 billion uh you know spack or something this is a true IPO in the tens of billions still uh seems pretty solid so many private NEO banks that this is a very important sort of uh reality check on the market to understand how how the market you know the postser era is really going to value these.

There was another one that got out. I think there was called Dave. I'm actually curious to see how I know Dave. I know the founder. You know the founder. Dave is Dave. Dave Grinded up at one point. They were so we had we had one of the founders on the show. He's working on that new Chrome.

Uh oh, that that was from Honey. Honey Honey worked with another guy at Dave two years ago. John John Wall. Dave was valued at $5 a share. Yes. Today it is valued at $200 a share. Wow. Wait, what's the So the market cap today is 2. 78 billion. So it traded down. It was basically Wait, sorry. Say the market cap again.

Uh 2. 78 billion. 2. 7 billion. Wow. Yeah. It was down at like 30 million or something. And it was crazy because they had like 100 million in cash on the balance sheet. And I know someone who's a significant shareholder in that company.

and and it was like it was like a really rough roller coaster because it like at one point it was worth a ton and then it was worth nothing and then it was back up again. So it's still down 33% from its IPO but it's in a solid place to actually build back up. So wow what a roller coaster. What a ride.

Um and you had to been very I mean very very different businesses but uh ultimately if you were a Chime investor watching Dave in the public market was was not uh was not very fun. So, the CEO uh of Chime said, "We don't focus on short-term fluctuation of the stock.

Even if it goes up today, I'm sure there's going to be other days that won't be as great. " Fact check. True. Uh we remain focused on the long term.

So, the investors in Chime that are making money off this, DST Global, we know some folks over there, Crosslink Capital, Access Industries, General General Atlantic, uh Menllo Ventures, Cath Innovation, iconic, and it sounds like Kirsten Green as well over at For led the seed round of Chime.

Um Sean Carolyn, a Menllo Ventures partner and Chime board member, said he's relieved there was a reprieve in the markets following the tariff induced volatility in April. That IPO window closed. We it back open. The IPO window.

I was thinking it would be very interesting to see a president run on a platform of just keeping the IPO window open permanently, man mandating that it's open. Yeah. Yeah. create.

We should, you know, normally I'm I'm against big government, you know, intervening with with the market, but in this case, I think sort of mandating that the IPO window should always be open. It should always be open. You're really on to something here, John.

You you've always been very presidential, but but I I like where you're going. This is a winning platform. It'd be bipartisan, I think. It's sort of like the opposite of the the freeze the rent guy over in New York. So, yes, freeze the IPO window open. Freeze it open. Freeze it open.

Uh, all capital markets were like, "Holy cow, what does this mean? " Caroline said, noting that Chime delayed its IPO. The company's strong debut Thursday indicates how that now the markets are healthy. Yeah. Um, since so a lot of people are very happy about that. They've never taken their eye off the mission.

Yeah, I'm surprised. Tempted to chase the new shiny object. Yeah. What are you surprised by? Yeah. Oh, I was going to say um you know uh we'll see if uh Chime depending on what happens in Iran market might see that positively if Chime could enter you know bring neo bankanking toran Iran. That'd be amazing.

Um I'm surprised by how at iconic says uh they've never taken their eye off the mission. They were never tempted to chase the shiny new object and yeah they've seemed to be just look at this murderer's row of IPO underwriters.

You got Morgan Stanley, you got Goldman Sachs, you got JP Morgan and 11 other banks worked on the offering. Let's hear it for investor investment banks. They don't get enough credit. You know, investment banks, they just they just work tirelessly if the stock pops.

Where are the ticker tape parades for for the analysts that stayed up all night working on this IPO? Uh anyway, uh Chimes marketing includes a deal with the NBA's Dallas Mavericks for its logo to appear on the team's jerseys. Pretty cool. Pretty cool. Great. Anyway, let's tell you about Vant.

Vanta, automate compliance, manage risk, prove trust continuously. Vanta's trust management platform takes the manual work out of your security and compliance process and replaces it with continuous automation, whether you're pursuing your first framework or managing a complex program. Anyway, moving on. Uh big news.

Uh all a whole bunch of tech leaders are now officially in the army. So, the reserves army reserves palunteer Sham Sanker joined the army reserves today. He broke it down in the free press.

Uh, also Bos from uh, Meta jumped in, honored to accept a direct commission as a lieutenant colonel in the US Army Reserve as part of the newly formed Detachment 2011, the Army's Executive Innovation Corps together with Sham Sankar, Kevin Wheel, and Bob Mcgru.

Uh, our primary role will be to serve as technical experts advising the Army's modernization efforts. We've talked to the Secretary of the Army. uh they're very dedicated to bringing in technology and modernizing the entire fighting force.

Very exciting and it's awesome that uh these tech leaders and executives can get in there and uh and start having an impact. So very very accepting. Uh very exciting. Boss says, "I have accepted this commission in a personal capacity because I am deeply invested in helping advance American technological innovation.

" Nerd Snipe, anyone care to venture a guess on why we called our detachment 2011? 2011. That's got to be an HTTP thing, right? HTTP 2011 is a personnel file in the intel community. Oh, um I think it's I I think it's an HTTP reference.

So HTTP 2011 created status code indicates that there that the HTTP request has resulted in the creation of a new resource. I don't know. That's my guess. Let me know what you think. HTTP status code 201 means created according to at poker chessman. That yeah, that that that sounds like what what it would be.

Uh well, out with the 404s, in with the 2011's. Congratulations to everyone involved. Uh Bob McGru says, "This evening I will become an officer in the Army, US Army Reserve as part of Detachment 2011, the Army's Executive Innovation Corps. I'm proud to have the opportunity to serve.

" Shaman Sankar also says, "Our mission is to help the Army transform for future missions and adopt bleeding edge tech. America wins when we when we unite the dynamism of American innovation with the military's vital mission. This was our this this was the key to our triumphs in the 20th century.

It can help us win again. Uh Sham came on the show. He told us about the dollar a year meant. You remember this? Yeah. Talking about executives in business who could not they could not be paid they had to be paid a salary. They couldn't work for free. Yeah. To to help with the war effort during World War II.

And some of them worked incredibly hard pivoting manufacturing lines to you're making cars now you're making Jeeps and tanks. And they worked really hard and they made a dollar a year because they legally had to make money. You got to make something. Yeah, this is good. Uh where you live in an unstable world.

We want our brightest technologists to be allies and a part of our defense efforts. Maybe we should get the get the army on linear. It's a purpose-built tool for planning and building products. Meet the system for modern software development.

streamline issues, projects, product road maps, linear agents, you know, I don't think that was their original intention, but it would anywhere you're building software, you should be using linear. Yeah. Yeah. Yeah. I should really join the Army Reserve and just be pitching SAS products the entire time.

Just just forward deployed BDR. Yeah. Yeah. You do a great job. I don't really know that much about implementing this stuff, but I can sell it. Yeah. Just like, hey, we're trying to have a meeting about, you know, modernization. Not now, John.

And I'm like, well, sales tax on numeral, what about that if you put it on autopilot? Anyway, uh, congrats to Poly Market. They're putting up massive numbers in terms of visits in May. Yeah. So, they pulled data from Similar Web in May. Robin Hood is sitting at 37. 1 million hits. Coinbase at 34. 7.

Poly Market in third. So, I think they're just pulling all the, you know, finance finance and like kind of new like these all lean like newer startup investing markets, but um Kraken at 7 million, pump fund at 5 million. I would have assumed Pump Fund would be massive, but I mean 5 million is nothing to shake.

I think crypto is still it's still niche at 3 million, KHI at one. I see this, you know, the the the reason that we were originally excited to partner with Poly Market is that it's an alternative to traditional news.

It's a way to understand the headlines of the future today or at least get you know odds against them and uh so I think this signals that a lot of people are just going to poly market to understand the world. So congratulations to the whole team. Yep. Uh this was an interesting post by friend of the show Casey Handmer.

Uh I had no idea it's a little bit dark but he's talking about the ISS's structural integrities. quoting post from Christian Davenport who says the Axiom 4 mission is postponed indefinitely while NASA and Roscomos investigate a leak on the Russian side of the International Space Station.

And so Casey says the ISS's structural integrity is far more marginal than is being publicly discussed. We are having multiple and increasingly frequent leaks from heavily fatigued node segments in the Russian section. John, yes. This screams like the plot of a sci-fi movie. Leaks coming from the Russian section.

It's crazy. Yikes. When aluminum gets flexed, it fatigues and gets harder, increasing its tendency to crack. Cracks concentrate forces at their tips and spread over time. Multiple cracks have been discovered. There is no factor of safety associated with this failure mode.

None of the structural pressure vessels are meant to crack. We are not even single fault tolerant on the structural integrity of the station. We could wake up tomorrow and find that with zero warning, it has failed catastrophically.

Whether that means a leak slow enough to close some hatches, get the crew out, or at least into safer parts of the station, it's a roll of the dice. It could also depressurize in less than a minute.

And Elon Musk says there are potentially serious concerns about the long-term safety of the of the International Space Station. Some parts of it are simply getting too old. And obviously that risk grows over time. Even though SpaceX earns billions of dollars from transporting astronauts and cargo to the ISS.

I nonetheless would like to go on record recommending that it be deorbited within two years. Striking. Very interesting. We got to put up a new one. We got to put up 10 of these. Like I know that they don't have that much economic value, but like this is what I love. Yes. Yes. We need we need ISS.

I know that it's so expensive. I think I think it's one of the most expensive man-made objects ever built. Although maybe Stargate will will will beat it out. I I seem to remember the ISS being costing a total of a hundred billion dollars.

The thing with Stargate is it's a project that's happening across states and so it's hard to say that it's the most much like the ISS's different modules put together. Oh. Oh, kind of similar. We could fit the ISS in a in a large enough warehouse. Yes. Yes. fit stargate series.

We have to have we have to have a human a human rated space station. It's just we have to have a space station. It's just so I would like to see an Elon mega project. There's that website. There's that website. How many humans are in space? Have you seen this? Humans are in space right now. Uh who is in space. com?

There are 13 humans in space right now. Who is in space? The ISS Crew 10 launched March 14th, 2025. There's four people there. There's the Soyos. There's people on there. Johnny Kim's up there. You know, wait, no way. You know Johnny Kim, right? No. Oh, Johnny Kim is a legend. So, Johnny Kim Oh, yeah.

This is the guy who did everything. Yes. He's done everything. Yes. So, he was a Navy Seal. He's a doctor and he's also an astronaut. And the whole meme is like his parents are finally uh are finally like proud of it because he did everything. But it's like I'm sure they still want is is the best.

We should get them on the show from space up there for 60 people over there days. And then uh and then Tang Gong space station, the Chinese space station has three astronauts on it and then another three from a different uh from a different mission.

And so there's six over there and then there's seven on on the uh on the ISS. And so we got 13. We need more. We need we need we need we need to be bringing this exponentially. I want hundreds. more like Kaiat like live streaming daily. I'm sure they get a little content problem. It's a content problem.

They got to be marketing. Everyone's like, "Oh, you're running some some scientific experiment. When are we going to get the paper? That's boring. " No, they're like, "Thank you for the Thank you for the $5, thank you for the $5. " They're like doing impressions and stuff like that.

If you donate a hundred, they'll squeeze the washcloth and show how the water, you know, sticks around. Uh let's check the NASA problem. how he's doing an update. Pieces are black and the table's black. It's quite hard to see. Okay. I don't know how far I am uh right now. Okay. What time I'm at, but he's at 15 minutes.

Okay. I I can do it. I can do it. Okay. Keep going. Keep going. He's working. He's working. Uh anyway, let's uh uh we are we we're releasing recap videos now. uh roughly a 1-hour recap video of everything that happened on TBPN this entire week. We know we put out a lot of content for you.

Uh this week we'll be recapping WWDC. Apple released uh Liquid Glass. It was a little bit controversial. We talked to people that were very optimistic about the new design direction.

People settled down and they're I think they eventually settled down thinking to themselves, all right, this thing might be pretty nice looking. probably will get pretty good and we'll all move on and they'll probably transition well to VR and platforms.

Yeah, it also it also tied uh really well to Apple's kind of retreat. Uh Ben Thompson wrote about this. Uh Apple is uh turning over the reigns to developers to develop some new AI applications. So we're very optimistic about that. Um we also had uh we had our intern Tyler Cosgrove. is making Legos right now.

But on Monday, we had him assemble the first American iPhone from scratch. Uh, and by scratch, I mean seven pieces that he had to kind of glue together, but he did it. It was way more than some credit. It was way more than seven, maybe 12. Um, but it was fantastic. Um, we have uh we had Andrew Huberman on the show.

That was fantastic. We got to talk to him about what's going on with NIH budgeting. The proposal is that research funding will drop by 40%.

We tried to dig into what is what what what pieces of the research budget should we keep um how what is the dynamic between uh the different types of research that are funded and he really broke it down for us on the back of his 4hour interview with uh Dr. Jay Bacharia who is the current NIH director.

Uh that was a very fun interview. Uh we also went to Y Combinator demo day 2025. We were live from San Francisco. We talked to dozens of teams, dozens of founders. We talked to high school dropouts, college dropouts, tons of AI agents. About 90% of the new YC class is AI driven.

Um, but we had a bunch of interesting conversations. We also talked to some venture capitalists there and we shot a lot of all the hard tech founders. We did not see many of them. There were a few, but we uh but we mostly AI deep dive. They were among us.

Uh, and then and then we also discussed the meta and scale acquisition or investment. uh Meta is investing uh something like $15 billion. The deal actually just closed today.

And so we had commentary from a number of uh founders and and uh pundits and uh journalists and also venture capitalists talking about the nature of that deal and how it came together. And so uh we hope you enjoy this year this week's recap and uh it gives you it gives you a good overview.

We're one away from being seven days a week. Yes, we're very close. Um, we also have a great show for you today. We're we're we're having uh we already had Josh on the show, but we have um 1X is coming on to talk about humanoid robots. We got Emily Sunberg coming on, the the fantastic writer of the newsletter Feed Me.

Uh we have John Doyle from Cape building a new uh cellular network. There's a lot to talk about there. And then we have um someone from the Rand Corporation coming on, which would be very fun. And so um we will go back to the timeline, back to what people are talking about in the news.

Um uh more updates on what's going on in New York. Zorand Mdani is surging, continues to surge in the polls and seems to be doing very well in the debates. Um but is not popular on tech Twitter because uh he says capitalism is theft. Uh the quote is taxation isn't theft, capitalism is.

Saon Mamani could soon be mayor of the finance capital of the world. Incredible. It is it is a very odd choice for a city that is known for capitalism and finance finance finance and uh yeah we we will see how this one evolves. It is already a case study in marketing.

Signal called this out earlier this week that he's just laser focused on a few key lines and it is resonating with some certainly not our corner or our audience of capital enthusiasts. Well, if you're a capital enthusiast, head over to public. com investing for those who take it seriously.

They got multiasset investing, industryleading yields, and they're trusted by millions. Uh, let's go to Pavle. Pavle says, Pavle Esperoo says, uh, traditional company structure is falling apart. Pretty much every organization should be structured in three parts.

People who sell things, people who do things, people who automate things. Everything else is just fat. Very interesting. Sellers, doers, automators. this kind of two.

Yeah, I would I think this is I mean great insight ultimately uh uh resonates but uh people who make things that people who sell things people who make things people who automate things people do things do things is just just doing things. Yeah. Yeah. That is interesting that there's not Yeah.

the the the the doing things part of this is is the most vague, but maybe that's management and strategy and and deciding what to do in the organization. But I do like the reframing. Some people make things, some people sell things. And yes, I Yeah. Yeah. Maybe maybe making things is is better.

But again, the automation thing seems like an interesting twist on um a traditional engineering organization. As the role of the software engineer changes, it becomes more about automating any type of business process. And I think the role of the software engineer uh is is definitely growing in scope.

It's not it's vibe coding an internal tool using cursor retool or all the different softwares that are available. It's also um buying offtheshelf or bringing in off-the-shelf software to automate processes and the the leverage of the software engineer leads to just massive automation across the entire company.

Um the selling things is very is very interesting because even though that is automated in in some ways it it it increasingly relies on what's automated about a steak dinner. Exactly.

On imperson interpersonal relationships and communication and so that that has definitely uh you know carved itself out as a unique uh a unique function within the modern organization.

Uh but yes, I I think the people who do things is could be build, could be make things, but could also be um define the strategy and and and build the company. Um but if you want to automate things, put your sales tax on autopilot with numeralhq. com. Spend less than five minutes per month on sales tax compliance.

Um just get on there. And if you're one of those people that sells things Yeah. And if you're one of those people that sells things, get on Adio, customer relationship magic. Adio is the AI native CRM that builds, scales, and grows your company to the next level. It is the backbone of our high velocity.

It is guest program. Get on there. Uh Chimath had a hilarious post that I really enjoyed. He says, "Well, this is probably one of the funnier things I've done, but my friend and Somalier and I got a California liquor license and started a wine collective.

With our license, it allows us to buy wine directly from venters, get wholesale pricing, buy and house entire collections of wine. We did we didn't do this just for us, but created it to allow our friends to participate as well. At some point, we may open it up to the world as large at large.

If you love wine, want access to the best wines, and avoid retail markups, this may be a fit. The team charges for shipping and handling, but otherwise pass through the raw cost to our members. Right now, we're saving 15 to 40% per bottle depending on the winery/vintage. We call it Drink with Me.

Uh we also create quarterly capsules of the best wines Josh and I have drank and allow members to buy in quantity. The first box is below. So he it seems like he's like on the cusp of launching like a DTOC wine company. But yeah, I mean this is a this is a wine membership wine club.

These there's there's thousands of these. Uh people love them. I think it makes sense for Chimoth's Yeah. uh creator evolution.

You know, he's in terms of his brand like he you know like he's always drinking wine on fantastic wines all in alone and just casually dropping you know a little note about drink with me or whatever wine he's drinking can probably you know drive this to 10,000 plus you know subscribers I completely agree the creator market fit here is is fantastic powerful uh very fun and if you if you zoom in and says drink with me a curated wine collective by Chamath Polyhapatia and Somalia Joshua plaque Uh, it looks great.

Again, congrats. I mean, he he enjoy he has a passion for wine and he's expressing it in in a business. You love to see it. It's great. Um, we talked a little bit about this, but uh, we didn't get back into this.

Scott Bellski came on the show this week, talked about uh, the data wars uh, and there's new and there's new reporting from the information. Salesforce is blocking enterprise AI rivals like Glean from using Slack data for their applications.

This was a big issue back in like 2012 with this idea that that you had all this data in Facebook. You had all this data in Google. You had all this data with Apple and you could not even though every one of those companies would tell you it's not our data, it's your data. You can take it with you. It's yours.

You own your data. People would say, "Okay, that's great. Google, I'd like to give all of my data to Facebook because I want better I want better ads on Facebook and Facebook. I want to give all my data to Google so that when I go in my Gmail, I can search my friends list.

And both companies would be like, "Oh, no, no, no, no. We we don't trust the other company. It's your data. You can export it through this like CSV zip file that you have to download every time, but we're not just going to let an API link these two services. " Absolutely. Because the walled garden must be maintained.

And you know, it's like, oh, oh, it's a beautiful garden. You have to appreciate it's my it's my data.

then then then I can you know integrate my iMessage with my Android friends like oh no no no you couldn't possibly do that and uh and and I mean these big tech companies they have they have reasonable uh uh arguments for it but it but it always has been funny and now it's more important than ever and so Scott says anticipated and referred to this as the impending data wars in previous editions of implications that's his newsletter that you should go subscribe to but didn't expect to start this quickly data grab and protectionism underway especially by those that don't own their own graphs or sophisticated permissioning layers.

And so, yeah, there's this big question. Open AI is is launching deep research. It integrates with Gmail and Google Docs. That's going to be fantastic.

If they cut that off entirely uh and they get cut off, like that might be something that actually drives enterprise adoption of Google's Gemini deep research project, right?

Because if we have a whole bunch of documents in Google Drive and we want someone to be able to run a deep research report around all of our internal documentation, which obviously they would want to do, and Google successfully cuts off OpenAI, like you're just going to have to go there or else it's going to be a hassle of like, okay, I guess download all of our PDFs from Google Drive and then feed them into chat GPT one at a time.

Like no one's going to do that. The friction is going to be so high. even if you can download your data, like it it needs to be there over an API. Uh and so Salesforce is taking the first the first shot in the data wars. Um and we'll be tracking it here on the show. Shots fired for the next for the next forever.

Yeah, I mean this was a very timely call out from Scott on the show. Yes, it was. Um well uh if you're losing sleep over the data wars, you got to get on a sleep. Go to eightleep. com/tbpn. Get a sleep. How did you sleep last night, Jordy? I'm on a generational run. Put up huge numbers last night.

I think I got you beat this whole week across. I I think it's I think it's tied up. Uh Monday 91. Tuesday 86. Wednesday was on the road. Doesn't count. Thursday 91. Friday 95. Let's hear it for me. I got completely mogged. Soundboard not working. I was expecting some clapping, but the soundboard must be broken.

Oh, there we go. That's for you, John. That's my favorite 95. I'm happy for you. I'm happy for you. Okay. Yeah. Yeah. Just throw up an excuse. I'm sure you have a good excuse. Yeah, it's fine. It's Yeah. Let me hear it. Let me hear the excuse. It actually was funny.

I I I woke up uh a little late this morning because uh my son crawled into bed and basically pushed me so far off the edge of the bed that the eight alarm, the the vibration alarm was him up in front of you. He didn't even wake up. He was just he was sleeping like a rock. But but I was just feeling it like very faintly.

Yeah. Yeah. My son hops in the bed after I after I leave and uh and I use the warm-up alarm from eight sleep, which is fantastic. Uh it it it really makes it easy to get out of bed. But he loves it because he's like, "Oh, it's so warm and cozy.

" And then he just gets like he gets he sleeps like an extra two hours cuz he likes it really warm and so he enjoys my my postal alarm side of the bed. Enjoys that. Uh very sweet. Anyway, let's go back to uh the Army's newest recruits, tech executives from Meta, OpenAI, and more. The Wall Street Journal was covering it.

Um, executives from Meta, Palanteer, and OpenAI are joining a new Army Innovation Corps, bringing tech upgrades to the military. The tech reserist will serve 120 hours a year, so two hours, a little over two hours a week, as lieutenant colonels advising on AI and commercial tech acquisition. Very exciting.

Um, and so, uh, that I I like this from Ba from Bos, Andrew Bosworth over at Meta. He says, "It's possible I watched too much Top Gun. " He's 43. Standing more than 6'2. Happens to the best of us. It does. You can never watch too much Top Gun. Come on, boss. It's an amazing movie.

Uh, he was told he was too tall to realize his youthful ambitions of flying an F-16 fighter jet. Did that happen to you, too? Uh, it was never even in the conversation.

I remember I remember seeing a movie in like about the Vietnam War when I was like 13 and it was very obvious that I was never going to make it in in the military, but there was someone from my high school and I do have a family member who's flying F-16s and it seems like it's a it's a it's a wonderful program and still incredible.

You really have to be a very specific specimen to be a pilot. Yeah. I I I I did flight lessons as a kid and I was in um the civil uh the civil what's it called? Civil Air Patrol and uh they I was really worried as a kid.

I wanted to be a pilot and I was worried that my eyesight would degrade because you can't you can't have glasses, you can't have uh lasic or anything like that. You just got to have perfect eyesight. You got to be very specific height. And um anyways, yeah.

Um Bosworth went on to say there's a lot of patriotism that has been under the covers that I think is coming to light in the valley. I completely agree. Um, they will be uh sworn in as uniformed officers in a public ceremony on Friday, the day before the Army's 250th birthday. Happy birthday to the Army. Happy birthday.

Uh, less than a decade ago. Even working on technology that might be used in defense, never mind suiting up for service, was anathema in Silicon Valley. The new reserve program reflects how the relationship between the Pentagon and the tech industry has deepened.

Meta and OpenAI adjusted their policies to work more with the military last year. Although Meta is not technically a defense contractor right now, they are a supplier to a defense contractor with their Anderal partnership. Little bit of confusion there.

Uh that story went out and it was so fast a lot of people didn't understand they're not uh they're not of an official military contractor at this point. Um although I would love if they were. Palunteer has been involved in national security work for two decades.

It has an AI and data project with the Army worth potentially more than $1 billion. Uh for the army, the deepening ties can prepare for it for wars of the future.

They are expected to be waged in part with uh with ground boot ground robots and drones and rely on networks of sensors and artificial intelligence to coordinate it all. Um I mean looking at the conflict from yesterday in Iran, Yep. that feels like in many ways the future of warfare. Yep. Zero troops deployed. Yep.

And you know, absolute devastation. Well, speaking of war of robots, we're gonna have the founder of 1X on the show in just five minutes. Um, but in the meantime, let me tell you about Adquising made easy and measurable. Say goodbye to the headaches of out of home advertising.

Only Adqubines technology, out of home expertise, and data to enable efficient, seamless ad buying across the globe. Go to adquick. com. Uh, anyway, uh, Sham Sankar took to the free press to write a little bit of a I guess this is an op-ed or a little article about his experience. He says, "I am the CTO of Palunteer.

The day I joined the army says, "My father grew up in a mud hut in India. America gave him and me a life. Now technologists like me need to give back. " Oh, this is heartwarming. Uh, fantastic article. Uh, does he have a gigachad filter on here? I love I love the best the best bit. Fantastic.

This is this is your new bit. If you need a bit going into the weekend, if you see a picture of your of your absolute boy and they don't and and they clearly, you know, just a casual filter, accuse them of using a gig. I mean, I mean, he looks like he's in shape.

Let's leave it at that without without bringing out the glazinator 3000. Uh later today, glaze. Triple glaze. Uh receiving their commissions on my side will be some of the most impressive minds in the world of technology.

Kevin Wheel, the chief product officer at OpenAI, Andrew Bosworth, Bos, the chief technology officer at Meta, and Bob Mcgru, formerly the chief research officer at OpenAI and engineering director at Palanteer. Um, none of these none of these men need to pad their resumes.

None of them have free time between fatherhood demanding day jobs and a dozen other demands. Are they all dads? Let's hear for fatherhood. Let's go. Let's go. I mean, we got 50% of this group on the show already. We got We got to finish it out. We were close with B. almost overlapped at some event.

We're going to we're going to make it happen. We almost caught him at Figma Config. We're going to get him on the show. Let's make it happen. Uh a decade ago, it would have been unthinkable for so many tech heavyweights to openly align with the US military.

Equally, it would have been out of character for the military to enlist the support of the nation's business elite, much less create a special core that they could deploy their technical talents in service of the government. But a sea change has taken place.

Um, wars in Europe and Middle East and above all the threat of war in the Pacific have focused on the national mind and initiated a scramble for mobilization. Exploding pagers and long-distance drone strikes from shipping containers prove the technology has once again changed the battlefield.

Our military has to change with it.

The Army's Executive Innovation Corps under the direction of the Army's chief of staff, General Randy George, who has been on the show, is part of a larger effort by our military to transform the way it prepares for and fights wars in the 21st century, marrying the nation's most innovative private companies with our mo uh with our most important military missions is a is fundamental to that effort.

That cooperation relies on rel re reviving a sense of duty in in an American elite that has been has become disconnected from our nation and its tradition of service. Let's check in with our intern and his tradition of service. How is it going, Tyler? Servicing Lego. He's 75% of the way there.

This is much harder than I thought. Well, well past 30 minutes. Okay. Well, uh, we got to start thinking of the punishment. You don't get a prize. You don't get a prize for I actually I have I have a really I have a really good one. What is it? I have a really good one. I know what you're thinking of.

And it's actually a bit No, you don't. You actually don't. Okay. Because I was going to uh give this to you as as a gag. The thing that I'm imagining was going to be a gag gift for you, but now it's going I'm going to sort of convert it into a punishment for Tyler. Are you going to drop it right now?

What is Um, it's on the way here. It's on the way here. It's in It's in It was in the car and uh and Ben's going to drop it here in the next few minutes. So, we might have to wait till after the next guest, but uh you can look forward to that. Yeah. Yeah.

We didn't tell you, but uh if you'd been able to get it done in 10 minutes, we would have gotten you a fantastic new watch on bezel. We we we had our finger hovering over the Philipp Nautilus, but uh that's kind of out of the window. Would you have worked faster, Tyler, if you knew that?

You knew that there was a a novelist on you should have told me on the board. Your bezel concierge is available now to source you any watch on the planet. It'll have to be next time. But in the meantime, uh if you're listening, you should go to getbzzle. com.

We should treat this Lego set as sort of something that he can kind of iterate against, you know, like you don't just do a Rubik's cube once. Like you do it once, you try to do it faster, etc. And so I think we should give Tyler another crack at the Nautilus. Yes.

And uh now that he's dialed in, he should be able to do it a lot faster. So uh Dylan, why don't you bring bring this up for a second? Okay, this is this is the potential punishment. What are we doing here, Jordan? So, okay, I was going to give this to you, John, cuz you're a horseized human.

These are the Apple flavored electrolytes for horses. Can we play the horse? It's from uh It's from Horse Health Products. horse all product. It's a 40-day supply for classes for all classes of horses. Show it show it to the single. And uh and I'm just going to I'm going to go Tyler.

Your punishment is you have to finish this before your internship ends this summer. It's totally safe for humans. It is. 40-day supply for a regular horse. Okay. So, let's see how long it takes you. We got to see how long you get through it. Anyway, so you you have this waiting for you after the show.

Um, and and we could do something if if you finish the next one, the next iteration, if you do it in 30 minutes, maybe maybe you don't have to have it, but you might try it and discover that you actually love it. So, we'll see. Okay. Tyler's still working on that. We'll check in with him. He does have two hours.

We have another hour of guests coming into the studio. Uh, we have 1X coming up next um talking about humanoid robots. Uh, but uh and I'm excited for this. They've had a they've had a massive week. And I have a ton of questions about about humanoid robots. The biggest question is is is data that sim to real gap.

There was a there was something percolating in my mind related to the Alex Wang acquisition, the scale AI acquisition um of meta. Um because robotics data is so difficult to get, maybe scale AI would play in that market. We'll see where that develops. But in the meantime, let's bring in the founder of 1X and