i used to be the only person saying the emperor was wearing no clothes.

those days are over.

the only people buying SpaceX and OpenAI at list price will be the stragglers who still can’t see it.

@GaryMarcus insiders gonna dump hard? is it all over?

@GaryMarcus Public equity premiums are just exit liquidity for early insiders at this point.

@GaryMarcus talking your book but the framing is getting tighter the further out it goes

just feels like the crowd catches up right when the edge dulls

@GaryMarcus Retail is late to the party as usual. Whatever.

@GaryMarcus Feels like more people are reading that story now

when perception shifts like this everything follows

@GaryMarcus calling the Amazon comparison fiction is one thing, saying valuation doesnt matter is another

feels like both sides are yelling past each other rn

@GaryMarcus ngl theres an art to being early and being loud about it too

you were ahead, now everyone catches up and u look like the crowd

@GaryMarcus Being early on the skepticism feels the same as being early on the hype