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Just a PSA for people attending @TOKEN2049 in Singapore: if your first ever message to a new connection is asking for a coffee catch-up during the busiest week of the year in crypto, you're doing it wrong. If we're not already talking in the weeks or months leading up to TOKEN2049, you're probably not that important to me, and I'm probably not that important to you. 😐 We have no rapport and no established context to discuss anything material. It's essentially a gamble. 30mins coffee chat is easily 1 hour+ per meeting accounting for the traffic. An hour during the week of TOKEN2049 is a lifetime. I'm not gambling away my time. So stop asking. That's what side events are for. I'm happy to meet absolutely anyone and everyone there. We both have the liberty to determine whether it's worth having a 15-second chat, a 5-minute chat,a 1-hour chat, or a 4 hours of event-hopping finishing the night at Marquee before eventually becoming each other's BFFs. Yeah, you get the idea. This year, I'll be speaking at TOKEN2049 on both days, and I've put aside time to meet and greet everyone at our booth. I'll also be speaking at @CoinFerenceX x @_TheBestEvent on the 5th: And HSC Asset Management Conference by @mpost_io on the 8th: I'll also be at @BingXOfficial's after-party on the 7th with DJ Soda. It's not a time for business pitches though. It's a time for a bit of celebration for those who've stuck around and hustled through the lows, so we can come together and enjoy the moment. All are welcome: Hope to see you all next week!

Since my name came up, a short note. Yes, I played the Bike game in 2023, for about an hour, and had a small piece of one player. It was over two years ago. Hank and Alan have already described what happened that night, and my recollection is roughly the same. I wasn't there for the settlement afterwards, so I won't speak to it. As for C Ye and Britney, that's between them. I wasn't involved and I'm not picking a side. If I can offer one thought: this all feels bigger from inside the poker bubble than it really is. Most people have never heard of it and never will. Settle it privately if you can, and move on. That's the whole statement. I won't be commenting on this again or answering questions about it, so please don't read my silence as agreement or disagreement with anyone. Poker isn't really where my head is these days. Life is full of more interesting things.

Translation isn’t always about changing languages. Sometimes, it’s turning words into meaning, meaning into clarity, and clarity into action. This International Translation Day, we’re thinking about how AI can help more people be understood. The language you speak shouldn’t decide how well your ideas come across. Comu does the literal kind of translation, too—with real-time transcription and translation, plus in-depth summaries across 113 languages. More voices heard. More ideas carried forward. Translate what matters.

It’s been 3 months since Wang Wang & her babies left the earth. Thanks for all the brave, kind, compassionate people keep speaking up for Wang Wang & her babies. We’re fighting this battle, if May take long time, but we will not give up. Due to the international community’s voice, I heard some protests against animal cruelty & the billboard to support justice for WangWang are resuming in some cities in China, the brave people marching on streets to demand justice for wang wang & her babies. But i won’t forget about you & your puppies. And I promise that every year on June 28, I’ll make a video for you to send you & your babies message. We’re still gonna fight for your justice, thanks for changing the world. We gonna keep pushing to get wang wang’s law passed. You’re a beautiful sweet angel, even I never met you, you’re in my mind everyday. May you & your babies rest in peace. You deserve to live with your babies, for now you don’t have to suffer any more. Let’s only share the good memories of Wang Wang to remember how sweet & gentle she is. What a loving brave dog mum she is. But we’ll continue to fight the justice for wang wang & her babies. #Rememberwangwang# #justiceforwangwang#

Great to meet today with @POTUS, @JDVance, @SpeakerJohnson and Administration + tech leaders. Important conversation and we signed today the White House Accord on Super Intelligence. As I shared today, Google has invested hundreds of billions in the last two years alone, with more to come, across the entire stack, to deliver benefits for America and the world. We’re working to build products that deliver real value for people and businesses, invest in local communities, and build trust in the technology. Industry also has to innovate responsibly. Google’s focused on building the right way, with appropriate testing, evaluations, red-teaming, and other safeguards against misuse and misalignment – and releasing models or products only after they’ve been thoroughly reviewed. We are committed to working with other industry leaders to establish norms and build public confidence. The White House Accord and the Joint Commitment on Frontier Responsibilities signed today is a solid basis for moving forward - it contains real tangible steps to promote safe development, while delivering the economic and scientific benefits of this technology.

Britney's response is very interesting. She completely dodges the fact that she was hunting the boss, and dresses it up as "helping young pros grow." What a joke. She always twists facts by taking people’s words out of context, exactly like what she did to C. Ye and she only shared snippets of the conversation to make herself look good. Ask herself: with Britney's actual poker skill, how does someone survive in the poker world for over a decade? (Yes she was already setting up these hunting games in Shanghai ten years ago, yet in the US she claims she had never played poker before. She is extremely good at lying and inventing facts. She burned her bridge in Shanghai but she built her rich Chinese image here thanks to Ryan Feldman) Be careful to play with her. @RyanGarcia @neymarjr I want to say sorry to Alan, because he didn't want his name brought up. But for the sake of the truth of this story, I had no choice but to name several people , including @lsghank1 , @yuchao and Jimmy. Alan's video and Hank's statement together prove the following: 1. On Day 1, Britney staked 40%+ of every player at the table. So counting Britney herself, Day 1 was effectively 7v1 against Peter. That's a textbook pig-butchering setup not "supporting young pros." On Day 2, she cut Hank's and Jimmy's pieces, so it became 5v1v1v1. LMAO. I believe those pros wouldn't collude at the table, but I'll let everyone draw their own conclusions. 2. Hank did take chips off the table, but he did NOT steal them. The only reason I used the word "steal" in my original post is that Britney herself has been telling everyone ever since that Hank is a chip thief, her good friend Jeff can confirm this too. After Britney and Hank fell out over other matters, she started smearing and defaming him nonstop, which is why so many people in the high-stakes community have misunderstood him. 3. I never said Britney owed Alan money. I said she paid in the end. From Alan's perspective, he did get the money within a day (24h) of finishing the CCTV review , so from where he sat, Britney paid quickly. What he doesn't know is how hard that process actually was. According to L, Alan's limited Chinese and his Western mindset meant he wasn't involved in the final step of collecting the money, so he never saw how difficult it was. In the end, Britney owed the pros on L's side roughly $200K, and she initially planned to walk away from it. The host at the time, and another Chinese pro (the one who investigated together with Alan), can both confirm this. She only paid because the other host threatened to call the police and to tell Peter everything. In fact, she had already booked a flight for the next day and was ready to run , Hank's statement confirms this too. #poker# #hustlercasinolive#

🚨 JUST NOW: Elon Musk and Jensen Huang give an INSIDE LOOK at the big meeting between top AI firms and President Trump today, saying they'll now be "grading each other's homework" 😆 @elonmusk: "We signed a JOINT DECLARATION regarding SI safety, and I think that'll be published by the White House soon." "We agreed to a number of things that include a joint monitoring board, special committees, and just generally grading each other's homework, which is a LOT better than if people just grade their OWN homework, for obvious reasons." 😂 NVIDIA CEO @JensenHuang: "I thought the declaration has a LOT of teeth. I thought it was REALLY well written." "It includes everything from rigorous internal controls, well established methods, well established processes, very clearly documented intentions of the products that you're building, internal controls to make sure that you're delivering on those intentions, internal audit that escalates, external audits from a third party, and then industry sharing best practices." "POTUS pulled it all together. He watched over the meeting, and was able to bring EVERYBODY out."

Salesforce acquires Listen Labs for ~$2b. But who gets the 💰? My usual breakdown below 👇 The company was founded in Sep-23 and had raised less than $100m. Investors will share ~$850m of profits on $96m invested, a ~10x blended. From a huge pivot to a unicorn valuation term sheet they refused, this is truly a wild story ✍️. In the end an incredible outcome for all involved. So let's dive in! 1) The boldest move: walking away from $1.5b 🎲 Listen Labs had a signed $125m Series C term sheet from Menlo at a $1.5b valuation... and walked away from it to sell to Salesforce at ~$2b. This takes a huge amount of courage: few founders turn down a signed unicorn-plus round. @itsalfredw and @florian_jue did it 2.5 years after founding. Huge congratulations are in order for the discipline and execution of the founders here. 2) Founders and team: a life-changing outcome in under 3 years 🥳 By my best estimates, founders and team still own over half the company. At $2b, that's ~$1.1b for them to share. Specifically, assuming a 15% option pool, that is ~$300m for the team and ~$750m for the two co-founders. And, as was the case with Hugging Face, this is all from a pivot. They originally built an AI customer-interview tool to understand why their viral app BeFake was growing, then realised the tool was the business! 3) Sequoia's Bryan Schreier did it again 👑 What few people know is that Bryan was an early backer of Qualtrics... the category Listen Labs is disrupting. Now he led both the seed and the Series A here. By my estimates, those two rounds will return ~$670m combined, or ~25x on ~$27m invested, in under three years. Pattern recognition and industry knowledge have their perks, it would seem! 4) Ribbit: 4x in 8 months ⚡ Ribbit led the $69m Series B in Jan-26 at ~$500m. At $2b, that's ~4x in 8 months. Unbelievable IRR and a great return on a meaningful cheque. 5) Neo does it again, congrats @apartovi 🎯 Listen Labs went through the Neo accelerator early on, which came with a $600k SAFE. On my estimates, that cheque is worth ~$25m+ today. This comes just three months after Cursor's acquisition (a cool >1,000x for Neo). What a hit rate! This one is very straightforward: it is a massive win for everyone. And so congratulations to all involved: Sequoia, Ribbit, Conviction, Pear, Neo and the team!

🚨 JUST NOW: Elon Musk, shoulder to shoulder with President Trump, explains why AI is going to lift up ALL of humanity -- not force them into poverty @elonmusk: "I think by FAR the most likely outcome is an AGE OF ABUNDANCE where we don't have just universal basic income, we have universal HIGH income. And people speak about medical benefits. "Maybe it's worth talking a bit more about that. When you have robots and you have superintelligence, it means that EVERYONE in the world can have better medical care than anyone here, including ME. And wouldn't that be wonderful?!" Jobs are going to change. Jobs have ALWAYS changed. But being a computer used to be a job. There used to be buildings FULL of people doing calculations, but now digital computers to do those tasks. I don't think anyone is pining to go back and do calculations all day to do bank interest rates, which is what they used to do. So I think we'll see an evolution of roles. And as the President has mentioned, it's not as though unemployment has increased. In fact, there's a TREMENDOUS demand for people. So I think the most likely outcome--and it's probably worth looking at--the most likely outcome is one which is INCREDIBLY beneficial. And it's a future that you, if you could look into the future, it has a future you would WANT." WELL SAID, Elon. No notes 👏