Situational Awareness, collapsed from $45 billion to around $10 billion in assets
Situational Awareness, collapsed from $45 billion to around $10 billion in assets
Description
The Situational Awareness fund fell from forty-five billion to ten billion dollars amid market volatility
Transcript
uh and then was let go as a result of that. Now his get back was to to create his own venture fund raising from all the big guys. Uh ironically some ex OpenAI employees actually as well as the Stripe guys and a lot of big funds. Within that time, he's gone and effectively turned a few hundred million into 45 billion. Really by following his own thesis. So he's probably just a long thesis around the Troy points, bottlenecks, and value that's going to be accrued in the AI market, right? Created this fund, Situational Awareness, aptly named. Situational awareness. Yeah. And as I said, taken 500 million to 1 billion of capital up to 45 billion. But I placed some bets, effectively on AI infrastructure and energy stocks that were, you know, lesser known and exploded. Pretty much all of them exploded over the time and that's how we got these remarkable returns. And yet the story turns into a story of of unfortunate feast and famine, where you know, taking that 500 million to a billion all the way up to 45 billion, that 45 billion was lost in three days

