David
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Podcast Appearances
And this is very like we kind of think that this is very common in places like India and Africa where like a lot of people are using this as income to go tweet about something.
But it's completely distortive.
It distorts the noise.
It creates spam, slop.
Yes, terrible.
It just degrades the value of Twitter as an information ecosystem because it incents noise, basically.
So they just cut off the APIs.
And the Kaido token is down something like 20%.
Yeah, it looks like Kaido got exploited.
Yeah, the aggregators have all the power in this type of situation.
Yeah.
And so like, I'm not upset here.
Like my Twitter experience has been meaningfully degraded.
I'm not crying whatsoever.
Yeah.
So that's the next one.
They're raising at $1.9 to $2 billion on a fully diluted basis, expecting to raise around $200 million.
So pretty chunky raise with a pretty chunky valuation.
A cultural epicenter, not my cultural epicenter, but many people's cultural epicenters of arts and culture.
What do the Golden Globes do?