Wasteland Capital@ecommercesharesDo NOT install any agentic browsers like OpenAI Atlas that just launched. Prompt injection attacks (malicious hidden prompts on websites) can easily hijack your computer, all your files and even log into your brokerage or banking using your credentials. Don’t be a guinea pig.Opens with an observation
Wasteland Capital@ecommercesharesLatest OpenAI numbers from the FT: 800m users, 5% paying (40m). $13bn in ARR. Implies a $325 annual ARPU, or $27/month per paying user. 70% of rev from subscriptions, rest is API. $8bn loss in H1, prob $20bn run rate loss now? So basically spending $3 for each $1 in revenue.Opens with an observation
Wasteland Capital@ecommercesharesThe $GOOG numbers were absolutely MIND-BLOWING. Revenue +22%. Cloud +63% (WTF???) up from +48% in Q4, with record margin at 33% despite huge capex. Search accelerated yet again to +19%. The opposite of dead! Total Op margin at 36.1% (+200bps) = staying lean! Just STUNNING. 🤯Opens with an observation
Wasteland Capital@ecommercesharesThese guys are just shipping 10x faster than anybody else right now. There seems to be a lack of both focus and urgency everywhere else. I don’t know why… but it’s a bit weird.Opens with a number
Wasteland Capital@ecommercesharesLOL, Lisa Su running the zaniest stock-pump scheme of all time, by giving 10% of the company for free to $META. Why would anyone now else be so dumb to buy $AMD product without getting free warrants? And how about $CMG giving us $10 in warrants every time we order a burrito?Opens with an observation