The Market Cries Out for Help, Neocloud FUD, Strauss Zelnick Fires Back at Take-Two Slander
John Coogan and Jordi Hays of TBPN cover a 5% Nasdaq drop after the midterms, worries about neoclouds and AI spending beyond coding, Anthropic's IPO odds, Take-Two's CEO defending his game library, and Sequoia's shake-up.
The gist
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Nasdaq fell 5% after Democrats' midterm sweep as investors bet on slower data center buildouts; CoreWeave and Cerebras fell 50% or more in a month.
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The hosts argue AI spending outside coding stays small: engineers can justify $100,000 token budgets, but most roles get $200 to $2,000 a month.
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Prediction markets cut odds of an Anthropic IPO before December 1st from 88% to 61%; its last round valued it near $960 billion.
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Take-Two CEO Strauss Zelnick answered hit-dependence worries by citing 15 franchises each selling at least 5 million units; the stock rose 10% in five days.
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Coogan uses Dot to merge his personal and TBPN calendars into a readable digest, though he wishes its iOS widget showed text.
John Coogan uses it
"So right now I have the Dot set up to look at all the calendars across personal and TBPN, synthesize them into something that's actually a digest, because oftentimes our calendars are like six back-to-back 15-minute meetings... And so it's able to do that in text and text me, ..."
▶ Play at 44:343 creators recommend it, including Riley Brown and Ethan Mollick.
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"So right now I have the Dot set up to look at all the calendars across personal and TBPN, synthesize them into something that's actually a digest, because oftentimes our calenda..."
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