Kyle Samani
speaker
488 appearances
3 recordings
2 series
first heard Oct 2025
last heard 12 Jun
Kyle Samani’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 2.
Appearances
You have base stations kind of all over the world.
You've got to cover the whole planet.
Telecoms naturally form monopolies historically.
I think the same is likely to be true here.
Today, GeoNet is the world's largest and fastest growing network with also the lowest cost structure by a very wide margin because of this decentralized nature where people just put these things on top of their house.
In terms of where the business at, the business just crossed about $11 million in annualized run rate a few days ago.
And it's growing more than three X year over year.
I think it's gonna probably more than triple over the next 12 months.
What's really cool about GeoNet is how capital efficient it is and how they're actually returning capital to token holders.
So today, the GeoNet network is taking of that 11 million in revenue, roughly 80% of it is being used to make open market purchases of Geo tokens.
And this is all visible on the Solana blockchain.
They have all the addresses are published and stuff.
So it's all verifiable in real time.
That means $8.8 million right now per year is going into buying GeoNet tokens on the open market.
What's amazing is that last 20% is they're covering all their R&D costs and scaling out now their business development team.
With a business like this, of course, like it's a pretty small network of customers.
The guys who work at John Deere know the guys who work at DGI, who know the guys who work at TomTom.
And so this thing is now growing virally amongst this kind of core community of customers.
And as you can imagine, with customers who sign up for a service like this, they tend to ramp up their usage of that service over time.
So once someone starts rolling out GeoNet in the first year, they're usually spending about $60,000 per year.
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