??GoHarvOrGoHome wrote: ↑Jun 16, 2025So we seem to have landed Trump Mobile HQ in STL…
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https://www.cnn.com/2025/06/16/business ... ss-service
“You’re not calling up call centers in Bangladesh,” Eric Trump told Fox Business in an interview Monday. “You’re doing it right out of St. Louis, Missouri.”
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Unless I missed something it just sounds like he's talking about call centers. And I'd bet anything it'll just be a virtual carrier using one of the big networks, rather like Cricket, Spectrum, or any number of other smaller cellular players. I expect it'll be about as successful as Trump U and Truth Social. It'll make the T bag money at the expense of a lot of other people, but I don't see it upsetting the Apple cart. Or the AT&T cart for that matter. And I wouldn't expect the HQ to amount to much more than a modest office in an anonymous business park somewhere. They're not really going to build anything. Just rebrand something someone else built and sell it with an exorbitant markup. Gilded ZT[rump]E phones on Verizon's towers, probably.
STEREOTAXIS RECEIVES U.S. FDA CLEARANCE FOR MAGIC SWEEP CATHETER
https://ir.stereotaxis.com/news-release ... -catheter/
General consensus is that STXS is headed towards profitability for the first time soon (1-2 years).
https://ir.stereotaxis.com/news-release ... -catheter/
General consensus is that STXS is headed towards profitability for the first time soon (1-2 years).
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Gosh I haven’t heard that name in ages. Awesome that they are still around and growing.
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OpenAI CEO Sam Altman on how he'd invest $1B in St. Louis
Anybody with a biz-journal sub care to illuminate us with the rest of this article?Sam Altman has a specific vision for how he'd spend $1 billion to revitalize his hometown of St. Louis, and it involves replicating a model from his time leading one of Silicon Valley's most successful startup incubators.
I couldn't care less about his idea. If it's not build and fix up housing, moving jobs into the city, stop spreading out the region, it's BS. He knows nothing about city building. Why would anyone think he does?
That it says "specific" is misleading. Basically he's saying he'd recreate the Y Combinator startup program that he headed from 2014-2019. He's not seriousGoHarvOrGoHome wrote: ↑Nov 10, 2025OpenAI CEO Sam Altman on how he'd invest $1B in St. Louis
Anybody with a biz-journal sub care to illuminate us with the rest of this article?Sam Altman has a specific vision for how he'd spend $1 billion to revitalize his hometown of St. Louis, and it involves replicating a model from his time leading one of Silicon Valley's most successful startup incubators.
Here is a link to view the transcript of the conversation. References to STL are hypothetical and minimal in the interview. Fun conversation, but not much to take from it. Additionally, one can bypass most paywalls using archive.is.
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Met him a few years ago at an event called "Startup Voodoo", where he was the keynote speaker. Quietly intense fella.
And in that interview, he basically said he has no idea what to do other than to do what he's already done, which is Y Combinator. Got to credit him for admitting he only knows one thing really well, and that while he's successful at it, he doesn't think he has all the answers.
Amazing that his 'startup' is currently committed to more than $1.4 Trillion worth of new AI and Data Center developments... You want to know what's too big to fail? OpenAI is. Should that company falter, then it's going to be a rough day for your 401(k)s.
And in that interview, he basically said he has no idea what to do other than to do what he's already done, which is Y Combinator. Got to credit him for admitting he only knows one thing really well, and that while he's successful at it, he doesn't think he has all the answers.
Amazing that his 'startup' is currently committed to more than $1.4 Trillion worth of new AI and Data Center developments... You want to know what's too big to fail? OpenAI is. Should that company falter, then it's going to be a rough day for your 401(k)s.
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^Not necessarily. I am saying that we have a K-shaped economy, where a small number of companies is reaping the harvest. I read a report earlier in the year that showed US GDP in 1H25, minus data centers, was only 0.1%. Meanwhile, about 45% of the S&P 500 consists of ten "Mega-Cap" companies with market capitalization over $1TT apiece. NVDA, AAPL, MSFT, GOOG/GOOGL, AMZN, AVGO, META, TSM, TSLA, and BRK.B. At the end of October, these 10 companies had a market cap of $26.362TT while the entire S&P 500 had a market cap of $57.647TT, meaning these 10 companies comprised 45.73% of the S&P 500.
Note that OpenAI is not a publicly traded company and not part of this group. Recently, they reorganized to have a nonprofit side and a for-profit side. When that company does go public, it likely will do so with a valuation of around $1TT. Not bad for a startup, is it...
@quincunx I'm absolutely not saying to go to cash. I'm saying the S&P 500 is no longer diversified by weight. I'm still invested, but I'm keeping my eyes wide open. And I believe in the AI story, just watching how it's being funded.
CMA: None of what I'm saying here should be considered investment advice. Investors should speak with their financial advisors for anything and everything.
Note that OpenAI is not a publicly traded company and not part of this group. Recently, they reorganized to have a nonprofit side and a for-profit side. When that company does go public, it likely will do so with a valuation of around $1TT. Not bad for a startup, is it...
@quincunx I'm absolutely not saying to go to cash. I'm saying the S&P 500 is no longer diversified by weight. I'm still invested, but I'm keeping my eyes wide open. And I believe in the AI story, just watching how it's being funded.
CMA: None of what I'm saying here should be considered investment advice. Investors should speak with their financial advisors for anything and everything.
Cortex based Stereotaxis receives FDA approval on one of its best opportunity revenue drivers.