I got married last month, and spent the furthest time away from work during that period and the honeymoon Unplugging while we broke ATHs really helped me reflect on what I’ve learned up until this milestone and what’s important to me in life I wanted to share this publicly mostly to document my thoughts. I hope it’s helpful but it’s not intended to be life advice or anything like that. Just my own musings which include some stories, quotes, and pictures here and there.

the pod is great but their deep dives on subsectors are the real goldmine

most of the Delphi guys have nailed this cycle their podcast has been full of alpha

We at @Delphi_Ventures could not be more excited to back @dgmonsoon and @ckxyz_ of @MidcenturyAI After first meeting David and Chetan over a call and being impressed, my partner @ZeMariaMacedo and I flew to New York City to spend time with them in person. We were blown away by their clock speed, clarity of thought and just how obsessed they were with what they wanted to build. As an investor you just know when founders are impressive and David and Chetan blew us away early on Chetan and David came out of Stanford’s AI ecosystem, working across labs led by Fei-Fei Li, Andrew Ng, Michael Bernstein and others, including on early robotics efforts like RoboTurk and RoboNet. They later built AI products at Replit and Salesforce, then became repeat founders together through YC. Today they’re announcing a $15M seed round and are already working with frontier labs across two products: 1/ Real world training data A massive, densely labeled dataset of people actually doing physical work - 2M+ hours of first-person data - 50+ environments and 20,000+ tasks - Hands visible 90% of the time - Manufacturing, construction, warehouses, agriculture and more - Enriched with 3D hand/body motion, object tracking and detailed task labels The point isn’t just more video. It’s capturing what people’s hands are doing, which objects they’re interacting with and how a task gets completed. This is whats important to Robotics labs. 2/ Matrix: Their simulation platform combines classical simulation, learned physics and real world data. Robotics teams can test across thousands of scenarios in parallel, replay failures and turn those failures into new training experience. You can’t efficiently run every experiment on a physical robot. Matrix is being built to scale that testing and learning The end game is getting robots out of controlled demos and into useful work. Robotics needs both the real world examples to learn from and somewhere to practice at scale. David and Chetan are building both. If we want robots working reliably in factories, warehouses and eventually our homes, this infrastructure matters. That’s the ambition we’re backing. We couldn't be more excited to back David and Chetan

watching someone out nathan fielder-ing nathan fielder is soooo special

Tokenized equities need a more reliable way to move shares onchain. A stock may trade easily in traditional markets while its token is hard to buy in size. Market makers can quote more confidently when they know how to replace the tokens they sell. Alpaca’s Instant Tokenization Network lets approved participants create issuer tokens from shares they already hold at Alpaca. The share transfer happens between Alpaca accounts on its own ledger, so the conversion does not require another stock settlement cycle. Alpaca already serves several major issuers and holds the shares backing 96% of wrapper token value. A market maker can redeem one supported token into shares and use those shares to create another issuer’s version. Alpaca connects those separate token markets to the shares behind them.

It's pretty awesome living in a world where the richest person is someone who has built and continues to build new things the world needs.

a couple weeks ago @0x_Arcana dropped a deep dive on the PoUW chains, some free links below (and more in comments)

very proud of this one and hope it helped others build conviction around zcash:native zillions

FYI

our banger deep dive by @simononchain in feb is now public and free to read

Just used Plasma for the first time while traveling and it felt like magic

Even though I talk to @YanLiberman daily, listening to him on pods is still worth it because he oozes alpha on complex topics in the simplest way possible This episode was especially great because @JasonYanowitz + @santiagoroel ask the hard hitting questions on everyones mind rn

Resharing a report @accelxr on our team dropped two months ago on Self Driving Labs It’s one of the most exciting areas hitting an inflection point right now Don’t know if there are many other things humanity will benefit more from this next decade members.delphidigital.io/rep…

I met Ryan and Sean almost two years ago and was immediately struck by their courage. They'd closed a friends-and-family round a month earlier and were diving headfirst into deployment — at a time when that was still deeply contrarian. I wrote the first outside check. Few people know how dialed this team really is. Ryan and Sean are brilliant, but more than that: they work harder (they originally slept in little bedrooms above their ex-garage office), they hire better, and they think more strategically than anyone else. They knew before the rest of us that the hardest part of robotics would always be deployment, and they ran headfirst at it. There are so few places to work on dexterous robots that actually deploy, and Watney has more of them running 24/7/365 than anyone. They stand up the AI datacenters making this generation of models possible. The team is small but ferocious, and the responsibility of literally building AI is not taken lightly. If you've ever wanted to build the next great American company — join Watney. I've sent best friends and family members to work there. Ryan and Sean are the kind of founders who raise your ambition and sharpen your talents. They've done both for me. Thank you, and congratulations.

BREAKING: @watneyrobotics raises $80M Series A co-led by the Valor Atreides AI Fund & Hummingbird Ventures

Grabbed dinner with Illia last week and, despite a few Delphi analysts constantly shilling me $NEAR, I was blown away by what they’ve built. Feels like they’re only going to become more important from here.

No better day for Delphi to drop a report on tokenized stocks. Really helpful to understand how each of the popular offerings differ as it's the Wild West out there right now. Excited to look at the adoption stats and metrics we've highlighted here in a year.

new deep dive on the hottest topic right now tokenized equities from @tempst0 and @momilio. goes over adoption metrics but more importantly does a complete breakdown on how all of these versions differ in their legalities. important to understand the nuances between all issuers.

New deep dive from @Delphi_Digital on the biggest topic right now Covers adoption metrics + full breakdown of all these different platforms/issuers/products Tokenized equities are here to stay

Tokenized stocks are arriving onchain faster than DeFi can put them to work. The value of distributed tokenized stocks is approaching $3B after growing nearly tenfold since the start of 2025. Securitize's SECZ is the largest individual tokenized stock by value. Strategy and Circle account for three of the next four largest products. Use of tokenized stocks in DeFi remains limited. Deposits grew from almost nothing in mid-2025 to roughly $202M by early September, but they represent less than 7% of total tokenized-stock value. Most of that capital is concentrated in trading pools and early lending markets. Trading and lending give investors ways to use tokenized stocks without moving their capital back through traditional markets. Keeping that capital onchain can support deeper markets and tighter pricing. The next phase will depend less on how many stocks are tokenized and more on what investors can do with them once they arrive.