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Elon's Trillion Dollar Pay Package, Breaking Down the State of AI | Katherine Boyle, Mikey Shulman, Immad Akhund, Jordan Castro

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Nov 7, 2025
Katherine Boyle, a general partner at Andreessen Horowitz, explains the transformative defense acquisition reforms set to modernize military procurement. Mikey Shulman, CEO of Suno, shares insights on how AI is revolutionizing music creation, from democratizing production to professional workflows. Immad Akhund, CEO of Mercury, highlights the fintech company’s profitability and its innovative use of AI in operations following lessons from the SVB crisis. Lastly, Jordan Castro discusses themes from his novel, muscle building, and mental health in contemporary culture.
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ANECDOTE

Casa Encantada And Timing Liquidity

  • Gary Winnick bought Casa Encantada in 2000 and later lost the property amid Global Crossing's collapse and foreclosure.
  • The story illustrates how early liquidity and timing can protect founders before a bubble bursts.
INSIGHT

Compensation As Long‑Term Leverage

  • Tesla's new pay package ties huge upside to aggressive, measurable operational goals and market-cap milestones.
  • The package reframes CEO compensation as a tool to align founders with extreme long-term value creation.
ADVICE

Negotiate Equity Over Fixating On Dilution

  • Founders should remember they can increase value by raising share price, not just preventing dilution.
  • Consider buybacks or negotiating equity refreshes when creating incentive plans to retain top founders.
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