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Sourcery: Daily Summaries Delivered
by Sourcery with Molly O'Shea
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- Today12 min
Brad Gerstner on the Largest Wealth Transfer to America’s Kids
Brad Gerstner, Founder of Invest America, on scaling Trump Accounts with Michael Dell:“We forecast that within the next 10 years, we will have $4 trillion in Trump Accounts.”“This is $4 trillion of wealth transfer to kids who would've otherwise had zero, who feel like they're totally out of the game.”Stats:› 70M U.S. kids under 18 is the goal› $6.25B committed by Michael & Susan Dell to fund $250 investment account deposits for 25 million U.S. children aged 10 & under› Up to $100M personally pledged by Brad for children in Indiana› $4T in Trump Accounts within 10 years, Brad forecasts› $1,000 federal seed for eligible newbornsMolly on X: https://x.com/MollySOSheaBrad Gerstner on X: https://x.com/altcapBrought to you by:Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, and travel. As a Sourcery subscriber you get: 75,000 points after spending $3,000 on Brex card(s). Plus, white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, and access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → brex.com/sourceryFollow Sourcery for the latest updates! https://www.sourcery.vc/TIMESTAMPS: Putting $150 Into a Trump Account How Trump Accounts Work Building Invest America Scaling From 9M to 70M Accounts Brad Gerstner & Michael Dell’s Contributions Forecasting $4T in Trump Accounts From Idea to Federal Law The “IPO” & Scaling to 70M Accounts Teaching 750K Kids Financial Literacy The Power of Compounding The Pushback on Trump Accounts Bipartisan Support Taking the Idea to President Trump “The Giving Pledge 2.0” Brad’s AI Safety Take Elon, Dario & Jensen on AI Risk A New Consensus on AI Safety China & AI Peer Review Finding the “Commonsensical Middle Way”
- 2 days ago1h 14m
Bending Spoons Is Coming for Silicon Valley, with CEO Luca Ferrari
Luca Ferrari, Co-Founder & CEO of Bending Spoons, sits down with Molly O’Shea at the company’s Milan headquarters for Part II of our Bending Spoons series, going deeper into the technology, culture and operating philosophy behind the company.Luca takes us inside Bending Spoons’ centralized technology platform, including 50+ proprietary tools, 95% of code being written by AI, its internal Alt Spooner agents, and why he estimates the company is now 2–3X more productive. We also discuss the company’s extreme approach to talent, with 800,000 job applications in 2025 and fewer than 300 hires, alongside a culture built around extreme ownership, experimentation and truth-seeking.We get into why Luca believes most people don't actually seek the truth, why Bending Spoons ran more than 3,000 experiments last year, the misconceptions around its business model, AI hype and valuations, the risks of underestimating increasingly capable AI systems, and how Luca thinks about building Bending Spoons for the decades ahead.Luca Ferrari: https://x.com/luke10ferrari Molly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube: https://youtu.be/mCN1e_03I-c𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Zone—develops next-generation data center campuses, partnering with AI companies, site developers and technology leaders to bring compute online faster and at scale. Visit: https://zonefrontier.com • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. Gone are the days of one-size-fits-all ETFs. https://public.com/sourcery Follow Sourcery for the latest updates!https://www.sourcery.vcDisclosurePaid Endorsement. Brokerage services by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser. Crypto trading provided by Zero Hash LLC, licensed by the NYSDFS. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 Luca Ferrari, Co-Founder & CEO at Bending Spoons The deal that broke the Internet Why Silicon Valley overspends on Hype Half a billion monthly active users What makes a company worth buying Inside the platform powering every product Debunking the Private Equity comparison $4 Million in revenue, per employee The secret to zero churn The one value that defines Bending Spoons The AI tool every Spooner uses Going Independent from the AI labs Have we actually
- 3 days ago23 min
Brad Gerstner: The $100 Test That Could Save 50,000 Lives a Year
Brad Gerstner & Jason Chang are trying to turn the $100 CAC heart scan into the “mammogram for the heart.”At the All-In Summit, Brad and Jason brought his mobile coronary artery calcium CT scanner to screen attendees & make the case for preventing heart attacks at scale.Heart disease kills ~800,000 Americans annually. Brad and Jason believe scaling CAC scans to 40M people a year could save 50,000 lives and $20B in government healthcare costs annually.Rob Goldberg joined us to explain why the mission is deeply personal.His brother Dave Goldberg, married to Sheryl Sandberg, died suddenly at 47 from undiagnosed heart disease, leaving behind their two young children. Just five months earlier, he had passed a running EKG.“My brother had passed a running EKG five months before he dropped dead from heart disease, from undiagnosed heart disease.”Dave’s death became the foundation for Sandberg’s book Option B, co-written with Adam Grant, about grief, resilience and rebuilding life after devastating loss.Now Rob Goldberg, Brad Gerstner, Jason Chang, & the rest of the besties, & the team behind the Center for Heart Attack Prevention want to prevent more families from experiencing the same thing, pushing for earlier detection, broader access to CAC scans & changes to the standard of care.We go inside the mobile scanner and discuss:› Why Brad calls CAC scanning the “mammogram for the heart”› The Goldberg family’s experience with undiagnosed heart disease› Why cholesterol & traditional testing can miss cardiovascular risk› What CAC scores actually tell you› Difference between a calcium CT scan & an angiogram› Why Brad bought his own mobile scanner› The “buy one, give one” model for expanding access› Brad’s push to bring CAC screening to 40 million Americans a year› How a roughly $100 scan could potentially prevent thousands of premature deaths› Why Brad believes health data gives people the power to take actionMolly on X: https://x.com/MollySOSheaBrad Gerstner on X: https://x.com/altcapJason Chang on X: https://x.com/yoweichangBrought to you by:Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, and travel. As a Sourcery subscriber you get: 75,000 points after spending $3,000 on Brex card(s). Plus, white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, and access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → brex.com/sourceryFollow Sourcery for the latest updates! https://www.sourcery.vc/𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒00:00 Brad Gerstner & Rob Goldberg00:10 CAC Scanner Moonshot01:53 Rob’s Family Tragedy04:39 Center Missions and Prevention05:37 Why Cholesterol Became Standard10:07 Overcoming Fear and Insurance12:29 CAC vs Angiogram Guidance14:43 Where the Trailer Goes Next16:40 Inside the Scanner Demo20:48 Why Labs Miss Risk23:27 Final Call to Action
- 6 days ago1h 17m
Inside Bending Spoons: Buying Airtable, AOL, Vimeo & Now Miro
Bending Spoons buys companies and never sells them. Since listing in July it has spent roughly $2.6B across Airtable and Miro, and the pipeline has never been fuller.Bending Spoons (NASDAQ BSP) is a Milan-based technology company that acquires digital businesses, rebuilds them on its own platform, and holds them permanently. It owns AOL, Airtable, Vimeo, Eventbrite, Evernote, WeTransfer, Brightcove, Tractive, Remini, komoot, Harvest, StreamYard and Meetup, with more than 500 million monthly active users and over 9 million paying customers. It listed on the Nasdaq on July 1, 2026 at $29 a share. On September 10, 2026 it agreed to acquire Miro at a $1.355B enterprise value, 6 days after closing Airtable.Sourcery visited the Milan headquarters for a walkthrough with: › Luca Ferrari, Co-Founder & CEOFollowed by sit-downs with:› Francesco Patarnello, Co-Founder & Head of M&A› Matteo Danieli, Co-Founder & VP of Product› Valentina Jerusalmi, General Manager of AOLWe cover deal selection across 1,000 targets, how the debt and equity stack was built from a $2M bank loan to US term loans, the Grindr process that collapsed in 2020, the decision to drop vesting entirely, why Danieli stepped down as CPO, and the AOL carve-out from Yahoo.This is Part I of a II-Part Series, Full Sit-down Interview with CEO Luca Ferrari next..Luca Ferrari: https://x.com/luke10ferrariFrancesco Patarnello: https://x.com/frapatarnelloMatteo Danieli: https://www.linkedin.com/in/matteodanieliValentina Jerusalmi: https://www.linkedin.com/in/valentina-jerusalmiMolly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube: https://youtu.be/3IUnY8btQQo𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Zone—develops next-generation data center campuses, partnering with AI companies, site developers and technology leaders to bring compute online faster and at scale. Visit: https://zonefrontier.com • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. G
- 1 weeks ago59 min
Saronic's 4 Co-Founders on Building a $9.25B Shipbuilder | Part III
Dino Mavrookas, Rob Lehman, Doug Lambert, and Vibhav Altekar are the 4 Co-Founders of Saronic, the autonomous maritime company that has gone from founding in 2022 to raising ~$2.6B at a $9.25B valuation in just 4 years.The founding team brings together deep experience across defense, maritime autonomy, engineering, and investing: Dino spent 11 years as a Navy SEAL before joining Vista Equity Partners; Doug has built maritime autonomy systems since 2012; Rob spent 21 years in the Marine Corps before working across major defense contractors and startups; and Vib was one of Anduril’s earliest engineers, helping lead programs including Ghost Shark.In Part III of our Saronic series, we sit down with all 4 founders to go deeper into the business and technology behind its rapid rise and the demand driving it.We cover America’s growing shipbuilding gap with China, why Saronic is investing $3B+ into Port Alpha, scaling autonomous ship production, rebuilding the U.S. maritime supply chain, defense acquisition reform, hardware-software co-design, AI at sea, and what happens when autonomous fleets scale from a handful of vessels to hundreds.Dino Mavrookas: https://x.com/mavrookasd Doug Lambert: https://www.linkedin.com/in/doug-lambert-00463a1bRob Lehman: https://www.linkedin.com/in/rob-lehman-8387634Vibhav Altekar: https://x.com/vbob202Molly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube: https://youtu.be/2LQH5d93WzQ𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Applied Aerospace—As global competition intensifies, strategic leadership demands space and defense technologies that deliver enduring national capabilities. At Applied Aerospace & Defense, we unleash the power of advanced manufacturing with unmatched scale and agility. Visit: http://applied-ad.com • Zone—develops next-generation data center campuses, partnering with AI companies, site developers and technology leaders to bring compute online faster and at scale. Visit: https://zonefrontier.com • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery• Public–Investing platform Public just launched <a href="https://public.co
- 1 weeks ago29 min
Dino Mavrookas: America Needs to Build Ships Again
Dino Mavrookas, Co-Founder & CEO of Saronic, is building one of the fastest-growing defense companies in America.Saronic is now valued at over $9B, has raised $2.6B, and is making a multi-billion-dollar bet on rebuilding America’s maritime industrial base.In Part II of our three-part series inside Saronic, Dino and I sit down to go deeper into the business, the market, and why America’s shipbuilding gap has become a national security problem.China now outbuilds the U.S. 230 to 1. The U.S. Navy has roughly 290 ships despite Congress setting a 355-ship minimum in 2018, while the Navy now estimates it needs 381 manned ships alone.Dino explains why Saronic believes autonomy, private capital, commercial shipbuilding, and a new generation of defense primes can change that equation.Dino Mavrookas: https://x.com/mavrookasdMolly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube: https://youtu.be/7bDA_oKBGbk𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Applied Aerospace—As global competition intensifies, strategic leadership demands space and defense technologies that deliver enduring national capabilities. At Applied Aerospace & Defense, we unleash the power of advanced manufacturing with unmatched scale and agility. Visit: http://applied-ad.com • Zone—develops next-generation data center campuses, partnering with AI companies, site developers and technology leaders to bring compute online faster and at scale. Visit: https://zonefrontier.com • Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. Gone are the days of one-size-fits-all ETFs. https://public.com/sourcery Follow Sourcery for the latest updates!https://www.sourcery.vcDisclosurePaid Endorsement. Brokerage services by Open to the Public Investing Inc, member FINRA & SIPC. Advisory services by Public Advisors LLC, SEC-registered adviser. Crypto trading provided by Zero Hash LLC, licensed by the NYSDFS. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time. 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 Dino Mavrookas, Co-Founder & CEO at Saronic Technologies America's shipbuilding crisis Why Defense contracts move so slow Scaling one win at a time Why Defense needs the Private sector now The next wave of defense giants Building for both Military and Commercial Serving the Navy, Army, and beyond How China wins on price, not quality</p
- 1 weeks ago33 min
Inside Saronic’s $9.25B Autonomous Boat Factory | CEO Dino Mavrookas
Saronic Co-Founder & CEO Dino Mavrookas takes us on a tour of the company’s 420,000 sqft autonomous boat factory in Austin, Texas.This is Part I of a 3-Part Saronic dive. Sit-downs with all 4 co-founders to follow.Founded in 2022, Saronic has raised $2.6B at a last valuation of $9.25B. We walk the Corsair production line, which has capacity for 2,000 autonomous boats per year, and climb aboard Mirage, its new 52-foot vessel with 2,500+ nautical miles of range and 3,500 lbs of payload capacity.Dino breaks down Saronic’s vertically integrated hardware + software strategy, its 180-foot Marauder autonomous ship, and Port Alpha, the massive new shipyard it’s building in Brownsville, Texas.Plus: why China outbuilds the U.S. 230:1, lessons from SpaceX manufacturing, the future of autonomous warfare, and how Saronic went from testing its technology on an $800 Amazon raft to building autonomous vessels at scale.Dino Mavrookas: https://x.com/mavrookasd?s=11Molly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube: https://youtu.be/Z-hJOibGUo0𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • Applied Aerospace—As global competition intensifies, strategic leadership demands space and defense technologies that deliver enduring national capabilities. At Applied Aerospace & Defense, we unleash the power of advanced manufacturing with unmatched scale and agility. Visit: applied-ad.com/• Zone—develops next-generation data center campuses, partnering with AI companies, site developers and technology leaders to bring compute online faster and at scale. Visit: zonefrontier.com• Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. https://turing.com/sourcery • VCX—VCX is the public ticker for private tech, allowing investors of all sizes to invest in venture capital. View The Portfolio at http://GetVCX.com • Deel—Deel is the global people platform that helps startups hire, manage, pay, and equip anyone, anywhere. Trusted by more than 35,000 fast-growing companies, Deel is the people platform that just works, so teams can scale without the chaos. Visit: https://www.deel.com/sourcery• Public–Investing platform Public just launched Generated Assets, which lets you turn any idea into an investable index with AI. With Generated Assets, you can build, backtest, refine, and invest in any thesis with AI. Gone are the days of one-size-fits-all ETFs. https://public.com/sourcery Follow Sourcery for the latest updates!https://www.sourcery.vcDisclosurePaid Endorsement. Brokerage services by Open to the Public Investing Inc, member FINRA
- 2 weeks ago1h 8m
BlackRock's Tony Kim on AI's Next Winners?
Tony Kim is Managing Director and Head of the Global Technology Team within Fundamental Equities at BlackRock. Recorded at the RAISE Summit in Paris, where Tony spoke on 4 panels, next-gen accelerators with d-Matrix, quantum computing with PsiQuantum, optics in data center design with Lumentum, and XPU and AI chip co-design with Broadcom.Tony breaks down the shift from a software-centric world to a compute-centric one, and why roughly $1 trillion of CapEx this year, and $10 trillion over the next 5 years, is being spent to move data centimeters and millimeters. He maps the market cap transformation, roughly $10 trillion in software, services, and internet, $20 trillion in Mag 7, and $30 trillion in non-Mag 7 chips and hardware.We cover the RAMpocalypse and why memory intensity is skyrocketing as AI models start to mirror the human brain, the 3 to 4 year duration mismatch between fab buildouts and today's demand, and the move from copper to light inside the data center.Tony also lays out his capital allocation framework, 90% in the 3-year AI vortex and the rest on frontier bets like quantum, orbital data centers, SMRs, and 800-volt power architectures, all converging on 2030. Plus, the coming wave of 30 to 40 Chinese robotics IPOs, mixing Chinese robot bodies with Western brains, his contrarian case for social robots addressing loneliness and aging populations, token flow as the new enterprise framework, and the mentors who shaped his career.We cover:› Why AI is forcing a complete rebuild of data centers› The shift from software to compute› Why memory becomes the next critical bottleneck› The future of AI chip co-design› How investors should think about AI infrastructure› Quantum, orbital data centers and the road to 2030› Why robotics could become AI's next trillion-dollar market› China's robotics advantage› The enterprise AI stack and "token flow"› How BlackRock evaluates long-term technology investmentsTony Kim: https://www.linkedin.com/in/tony-kim-3150053/Molly O’Shea: https://x.com/MollySOShea Sourcery: https://x.com/sourceryy 𝐄𝐏𝐈𝐒𝐎𝐃𝐄 𝐋𝐈𝐍𝐊YouTube : https://youtu.be/zXB-LI7skL8𝐒𝐏𝐎𝐍𝐒𝐎𝐑𝐒• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel. https://brex.com/sourcery • MongoDB–Millions of developers and more than 65,200+ customers across industries, including ~75% of the Fortune 100, rely on MongoDB for their most important applications. With integrated capabilities for operational data, search, real-time analytics, & AI-powered data retrieval, MongoDB helps organizations everywhere move faster, innovate more efficiently, & simplify complex architectures. https://mongodb.com/ai• AssemblyAI–Millions of developers use AssemblyAI to power their voice ai applications and features. One API gives you access to best-in-class speech-to-text, voice agent, and speech understanding models for both pre-recorded and real-time audio. Granola, ClickUp & HeyGen are scaling with AssemblyAI - get $50 of free credits today at http://AssemblyAI.com/sourcery 𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒 Tony Kim, Head of BlackRock Fundamental Equities Global Technology Secret Location, Croissants, and the RAISE Summit Why Compute now rules everything Why old data centers can't survive AI Why data centers are ditching Copper for Light The shortage nobody saw coming: RAM Only three companies control memory Tony's Playbook for Investing in the AI Era The 20-year lie: "Compute is just a Commodity" How Hardware quietly became bigger than Software The Investing Rule: Will you still be cool in 5 years? Chips were never a Commodity Inside the architecture of a Robot's mind Why China Is winning the Robotics race "Token Flow": Tony's Framework for the Future Enterprise The mentors who shaped Tony Kim's wor
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