Packy McCormick
@packyM
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Not Boring || Not Boring Capital || Age of Miracles || Advisor @a16z crypto Techno-Optimist
New York
Joined February 2009
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SEVENTEEN
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SUSTAINOVATIVE LIVING WITH APO
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Lakers
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#DOHKYUNGSOO_POPCORN
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#今月描いた絵を晒そう
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#Covishield
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GM JENTLESALON x BRIGHT
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25 YEARS LEGO X GULF
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GENE
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参騎出陣
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Gabigol
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風呂キャンセル界隈
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メンディー
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LILI
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メンさん
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#T20WorldCup24
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Rinku
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ヴィルトゥオーサ
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ぶいすぽ新人
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#PVL2024
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ジョシュア
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GABRIEL BARBOSA
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サザエさん
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This Hindu temple just opened near my in-laws’ in NJ. Second largest in the world.
We can, we do know how to do it.
Culture Critic in absolute shambles.
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In our Uber home last night, we noticed that the driver was listening to questions from the US Citizenship test and giving the answers under his breath.
Asked him where he was from: China.
Asked him why he wanted to become a US citizen: freedom.
Said he practices every day…
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The great thing about the Room Temperature Superconductor thing is that at worst, it's fun like sports are fun, and at best, it's fun like the Industrial Revolution was fun.
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I understand why people want to ban TikTok, but I worry that Xi might shut down American products like Facebook and Google in retaliation.
jk China blocked all of those over a decade ago.
Ban TikTok.
Over the past 24 hours, thousands of TikToks (at least) have been posted where people share how they just read Bin Laden’s infamous "Letter to America," in which he explained why he attacked the United States.
The TikToks are from people of all ages, races, ethnicities, and…
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I’m sorry, but does anyone else think it’s crazy that Shopify is worth 11.5x as much as Apple?
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Last week, I asked you: "If I wanted to be top 0.1% at understanding/designing tokenomics, what's one resource you'd recommend?"
You gave 76 great answers. Here are the most popular, plus a link to the full Tokenomics Resource List:
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“Be greedy when others are fearful.”
- Sam, 11, owns 0.05 ETH
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Can’t believe OpenAI figured out AGI before Apple figured out how to make Siri do anything
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I’m sorry everyone. This is my fault.
I just tried to email a white person.
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Queer Eye but it’s just Xi visiting troubled US cities then they get a makeover
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SpaceX pulls off one of the greatest feats in human history. Let's check on the media reaction, they must be so pumped...
Oh.
I wonder why people are depressed about the state of the world.
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DAOs shouldn't speedrun the history of offline governance.
They should experiment with internet-native governance and evolve beyond offline at internet speed.
Me,
@LucaProsperi
&
@divine_economy
talk forking.
Drop your ENS below to get involved 👀
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this isn’t as effective as i initially thought it would be
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I've read a lot of decks over the past year, and I gotta say, everyone's competitors are complete dogshit.
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Clubhouse is the first big social network on which companies structurally can't participate as companies.
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Every day I appreciate this meme a little bit more.
It works for pretty much everything. It’s different people at the same time, or the same person over time.
Modern society’s greatest contribution to the philosophical discourse.
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If your startup doesn’t employ the gom jabbar in interviews, you’re not taking recruiting seriously enough.
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I'm considering moving a large % of my money into ETH.
What are the most compelling reasons not to?
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Bet you've never seen something like Axie Infinity.
April: $670k rev
May: $3M
June: $12.2M
July (18 days in): $79.1M
Axie is a blockchain-based game pioneering a Play-to-Earn model. People work by playing video game.
It looks cute. It's so much more.
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Bezos: Hey need those Q2 earnings slides but please don't waste more than an hour on them.
5th Grader who just learned PowerPoint: OK.
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A (Very Long) Screenshot Essay on Meta & The Innovator's Dilemma
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our wills are going to be so bizarre.
To my son, I bequeath a jpeg of an ape. To claim, go to rainbow dot me and enter the phrase "jump tiger run harvest moon elephant split hop leaf car" when prompted.
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What if I told you about a business that:
- Has strong network effects
- Grew revenue 200x YoY
- Is preparing to offer a 25% dividend
- About to implement a permanent share buyback program?
That's pretty much Ethereum.
Here's my bull case for $ETH:
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I believe it was Warren Buffett who said, "There is only one way I know of to beat the market. Buy $SNAP when it tanks on earnings, sell it right before the next earnings, and keep repeating until you can retire."
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It’s brutal out there.
But did you know you have 3 organs you barely need and can sell for good $$$?
Time for a 🧵
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I have bad news and incredible news.
Bad news: I’m not sending out a Not Boring tomorrow.
Incredible news: It’s because this little guy came a little bit early.
Meet Devin Bhatt McCormick 😍🎉 (right after I told him no newsletter tmw)
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What's your favorite essay/blog post of all time?
Looking for >2 years old, and that you think will be as good in a decade. Instant classics.
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There’s no company like Tencent.
It’s elements of Facebook, PayPal, Nintendo, Spotify, Netflix, and Shopify all rolled into one PLUS a 21st century Berkshire Hathaway.
But Americans know little about it. In prep for Part II tmrw, let’s break down Tencent’s history & portfolio👇🏻
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Full hour cal invite for an intro zoom 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩
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Imagine a place...
- Built for gamers
- Home to everyone playing the Great Online Game
- Has 150 million MAUs
- Generates $130 million in revenue
- Is a web3 sleeper
@mariogabriele
& I teamed up on
@discord
. We imagine the possibilities...
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Do these people know that Netflix has a new show that’s just Obama narrating over videos of national parks?
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This sucks.
The drama has been fun and the board/Ilya brought this outcome on themselves, but I can see trying to do the right thing, getting swept up and thinking it’ll work out the way you planned, then watching your life’s work fall apart and people you were close with walk…
I deeply regret my participation in the board's actions. I never intended to harm OpenAI. I love everything we've built together and I will do everything I can to reunite the company.
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I want you to close your eyes and imagine with me. Metaphorically, of course. We don’t have the technology to read with our eyes closed… yet.
OK, ready?
The year is 2073. It’s a cool spring day, light breeze, 73 degrees. The world hasn’t ended. In fact, it’s better than ever.…
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Introducing... Not Boring Capital
Instead of typical new fund PR, I decided to pull back the curtains and share the Memo I used to raise the fund, and the first LP Update I sent to backers yesterday.
Plus... ways to get involved 👀
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we are like 5 or 6 more splatted paintings from saving the planet. inspiring.
NEW - Mashed potato attack on $110 million Monet painting in Germany.
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The year is 2140. There are 21 million bitcoin. Michael Saylor owns all of them. Michael Saylor is now immortal. MicroStrategy has long since folded. His bitcoin are worth $13.93, but they are his. He is happy. He will be happy forever. There will ever only be 21 million bitcoin.
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Sam Altman’s strategy on Rogan is brilliant.
Ask Joe for his opinion, let Joe say the wild stuff, and then come in with a relatively more moderate take.
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This is why it’s insane to be bearish on crypto.
being single is one of the best competitive advantages as a startup founder
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If you're reading this tweet, you're playing the Great Online Game.
The Game is played concurrently by billions of people, online, as themselves, with real-world consequences.
The downsides are limited; the upside is infinite.
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Reminder: if you die in the Vision Pro, you die in real life.
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Dress for the job you want (CEO of a major American company)
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What's the most magical experience you've had with a tech product in the past year?
I'm talking the first time you opened Spotify and realized all the songs were there, or the first time you called an Uber and a car just showed up kind of magic... but in the past year.
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First Co-Tweet!
Even more exciting news: we're having a baby!
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Square’s October Bitcoin investment has made over $100mm.
All of Twitter made $29mm in net income in Q3.
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ThirdPartyDAO
A DAO to give a third party candidate a legit shot at winning the presidency.
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this is going to be an absolute nail biter. i hope they make it.
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This is absolutely fucking insane.
When you learn about the Holocaust, it’s as an atrocity of the past that modern people would never stand by and let happen.
It’s 2023, and a lot of people are silent or vocally anti-Israel. There’s no justification for this evil.
Muslims within the Republic of Dagestan in Southwestern Russia are currently Storming the International Airport in the Region in order to reportedly “Kill Israelis and Jews” after Rumors began that an Israeli Aircraft was preparing to land at the Airport; this has been going in…
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Imagine spending $11 million on a watch that only people you interact with in person can even see.
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A lot to be optimistic about this week.
Welcome to the world Maya!
@damccormick13
ran point on the Weekly Dose - I’m OOO hanging with the kiddos 😎
Weekly Dose of Optimism
#7
- Moderna as a Platform
- Reddit Herpes
- Carbon Capture
- Serena
- Technological Stagnation
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My spiciest take:
Apple will not be a top 10 company by market cap by the end of this decade.
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I have this portfolio company. They met with some investors, shared a deck, investors passed.
Yesterday, a new competitor came out with practically the same deck, calling portco main competition... funded by 3 investors who passed.
It would be bad to name names, right? 😈
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I have a pretty hot take on the whole Elon/Twitter situation.
I think some people would really enjoy working in an environment like that and some other people wouldn’t.
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wild that I'm just 290 followers away from finding true happiness and fulfillment.
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I’m very excited for music NFTs
but first, we need to figure out how to stop Apple Music from playing that U2 album.
then, NFTs!
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Heading to Miami.
Anyone have any tips on going from dad bod to beach bod in 3 hours with v little effort?
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Top 10 most magical tech experiences, per many of you:
1. DALL•E 2 by
@OpenAI
2. Stable Diffusion by
@StabilityAI
2. Arc from
@browsercompany
4. web3 wallets
4.
@midjourney_ai
5.
@MetaQuestVR
7.
@Tesla
FSD
8.
@hellotushy
💩
8. GPT-3 by
@OpenAI
8. Google/Apple Wallets
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The funniest line from the All-In article:
"Meanwhile, a new class of testosterone-fueled, politically incorrect podcasters like Joe Rogan, Lex Fridman, Andrew Tate and Jordan Peterson was captivating audiences stuck at home during the pandemic."
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Guys will literally root for global hyperinflation instead of going to therapy.
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DALL•E3 is America-pilled
"Please make me an image of the best possible future for humanity"
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And CDC said…
Nothing you idiots, CDC’s dead
It’s locked in my basement
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Throw on your pit vipers. It's
#SolanaSummer
.
Solana is the fastest, cheapest blockchain around. After last weekend's Degen Ape launch, it's broken out.
- $SOL $21B mkt cap ($37B fully diluted)
- Exploding dev ecosystem
-
@SBF_FTX
&
@a16z
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Venture capital gets a lot of shit, but venture capital rocks.
It's the best asset class there is.
It funds the most spectacular failures, hops on every hype train, and still delivers outstanding returns.
Venture capital is a free lunch machine.
Founders get money to pursue…
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Everyone who said Google can't innovate anymore is pretty silent right now.
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I’m walking around South Beach in a Bored Ape sweatshirt and papier mâchiér Punk head yelling that NFTs are the future and not a single person has stopped to talk to me about crypto.
We are still so early.
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Starship goes orbital.
Ethereum goes blobs.
Satellites reflect sunlight.
Chips go thermodynamic.
Robots talk and hand you apples.
Gold-medalist coders build coding AI.
And researchers pull elephant stem cells from skin cells.
What a week for the optimists.
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There’s no better season in a city than fall in New York. 🗽
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People in a relationship who are good at Twitter:
How do I tell my wife that I had two pretty good tweets today in a way that will make her care?
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It's been a wild, winding first year for Not Boring:
- 417k words written (~4 long books)
- 473 subs --> 42,205
- Invested $1.9mm in 14 startups
- A shot at hitting my $1mm rev goal
It's been a roller coaster. The story & some lessons learned:
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Not Boring is coming out a little later in the week.
It's been a rough weekend. We've been in the hosptial w Dev since Saturday. Still here. Luckily, he'll be OK, but obv newsletter wasn't 1st prio.
Meanwhile, I'm getting crushed for a brain fart, which I want to talk about.
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I've been playing around with
@cognition_labs
' Devin on and off today. It's so cool.
Little things, like a site with top 20 restaurants in Brooklyn using a scoring algorithm it designed.
Two things that will become more valuable in a post-Devin world:
- Imagination
- API Keys
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It’s astonishing that we don’t have the political will to simply ban TikTok.
SCOOP: A TikTok data scientist says he was assigned a Seattle-based manager on paper, while actually reporting to a Beijing-based ByteDance executive, who ordered him to regularly email U.S. data in spreadsheets to ByteDance workers in China during 2022.
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