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The Trophy Deal Trap: What CoreWeave’s Investment-Grade Rating Reveals About the GPU Debt Market
The deal with Meta was a bespoke one, not a template for other deals
4 hrs ago
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Dave Friedman
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Why Most LLM Startups are Doomed
May 24, 2025
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Dave Friedman
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McKinsey Doesn't Understand AI
Jun 18, 2025
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Dave Friedman
73
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AI will not kill McKinsey
Aug 3, 2025
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Dave Friedman
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Sequoia Still Thinks AI Is Software
May 15, 2025
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Dave Friedman
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There Is No Token Dollar in AI
Buying AI compute is not like buying oil; there is no petrodollar equivalent in AI
Apr 2
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Dave Friedman
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The Price Discovery Problem in the AI Debate
When there's no way to price the future, all we have are vibes
Apr 1
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Dave Friedman
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Compute Derivatives and Index Basis Risk
Basis risk always exists in commodities markets, and compute derivatives create unique risks to manage
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