As discussed on Bg2 Pod, VC investors would be thrilled to have all CEOs sign up for Elon/Tesla-like compensation packages that deeply align CEO interest with shareholder interest. We are now starting to see more of these packages in the wild (@rubrikInc). Great progress! #PPS

I will be interested to see if student protestors will move their activity to Washington DC (where most policy is set) once the semester ends. If protesting is only interesting “on the quad” while you are not on your summer break, it is really not that much of a commitment.

The California senate bill to crush OpenAI's competitors is fast tracked for a vote. This is the most brazen attempt to hurt startups and open source yet.

🧵

Removing parking requirements is magical.

Bureaucracy and regulation prohibit innovation and development that contribute to prosperity. Perfect example here. Huge hat tip to Mayor Kirk Watson for supporting parking reform (@DonaShoup). Largest city to do so.

Totally agree!

US Department of Commerce set to learn how open source works.

🎉 Instawork Co-founder and CEO, Sumir Meghani, was featured in the April issue of Inc. Magazine! Instawork uses #AI to seamlessly connect hourly workers with businesses in need of their skills, making it a great experience for everyone. #Innovation bit.ly/3W9RB0v

My conversation with Michael Mauboussin and Bill Gurley on all things investing

We cover:

- AI
- regulatory capture
- the different types of increasing returns to scale
- hardware
- capital markets
- working with extreme talent

Bunch more

Enjoy

joincolossus.com/episodes/82708…

Bug bounty programs are one of the best ways to reward responsible security researchers for helping us better secure our customers. - Stephen Schmidt, Chief Security Officer, Amazon

Many leaders in the AI race prefer to speak solely in platitudes. I would bet on the player that is comfortable and capable of talking about the details. Must listen podcast w Zuck.

Thrilled to see the launch of Meta Llama3! Open-source models are a game changer for private & secure #AI . Super impressive to see the rate and pace of improvement. 🤝🚀

llama.meta.com/llama3/