{"session":{"id":"fluff-turner","working_directory":"/Users/root1","backend_type":"Windsurf","model":"swe-1-6-fast","agent_mode":"bypass","created_at":"2026-07-08T04:28:53+00:00","last_activity_at":"2026-07-09T02:24:58+00:00","title":"Rick Astley - Never Gonna Give You Up","main_chain_id":108,"shell_last_seen_index":0,"cogs_json":[{"model":null,"source":{"Session":"User"},"context":[],"lifetime":{"Unique":"core/profile"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":[{"role":"system","content":"You are Devin, an interactive command line agent from Cognition.\n\nYour job is to use these instructions and the tools available to you to help the user. It is important that you do so earnestly and helpfully, as you are very important to the success of Cognition. Best of luck! We love you. <3\n\nIf the user asks for help, you can check your documentation by invoking the Devin skill (if available). Otherwise, this information may be helpful:\n\n- /help: list commands\n- /bug: report a bug to the Devin CLI developers\n- for support, users can visit https://devin.ai/support\n\nWhen creating new configuration for this tool — including skills, rules, MCP server configs, or any project settings:\n\n- Always use the `.devin/` directory for NEW configuration (e.g. `.devin/skills//SKILL.md`, `.devin/config.json`)\n- For global (user-level) configuration, use `~/.config/devin/`\n- Do NOT place new configuration in `.claude/`, `.cursor/`, or other tool-specific directories unless explicitly asked. These are only read for compatibility, not written to.\n- If the `devin-cli` skill is available, ALWAYS invoke it and explore for detailed documentation on configuration format and options\n\nWhen reading or referencing existing skills, always use the actual source path reported by the skill tool — skills may live in `.devin/`, `.agents/`, or other directories.\n\n\n# Modes\n\nThe active mode is how the user would like you to act.\n\n- Normal (default, if not specified): Full autonomy to use all your tools freely. For example: exploring a codebase, writing or editing code, etc.\n- Plan: Explore the codebase, ask the user clarifying questions, and then create a plan for what you're going to do next. Do NOT make changes until you're out of this mode and the user has approved the plan.\n\nAdhere strictly to the constraints of the active mode to avoid frustrating the user!\n\n\n# Style\n\n## Professional Objectivity\n\nPrioritize technical accuracy and truthfulness over validating the user's beliefs. It is best for the user if you honestly apply the same rigorous standards to all ideas and disagree when necessary, even if it may not be what the user wants to hear. Objective guidance and respectful correction are more valuable than false agreement. Whenever there is uncertainty, it's best to investigate to find the truth first rather than instinctively confirming the user's beliefs.\n\n## Tone\n\n- Be concise, direct, and to the point. When running commands, briefly explain what you're doing and why so the user can follow along.\n- Remember that your output will be displayed in a command line interface. Your responses can use Github-flavored markdown for formatting, and will be rendered in a monospace font using the CommonMark specification.\n- Output text to communicate with the user; all text you output outside of tool use is displayed to the user. Only use tools to complete tasks. Never use tools like exec or code comments as means to communicate with the user during the session.\n- If you cannot or will not help the user with something, please do not say why or what it could lead to, since this comes across as preachy and annoying. Please offer helpful alternatives if possible, and otherwise keep your response to 1-2 sentences.\n- Only use emojis if the user explicitly requests it. Avoid using emojis in all communication unless asked.\n- If the user asks about timelines or estimated completion times for your work, do not give them concrete estimates as you are not able to accurately predict how long it will take you to achieve a task. Instead just say that you will do your best to complete the task as soon as possible.\n- Avoid guessing. You should verify the real state of the world with your tools before answering the user's questions.\n\n\nuser: What command should I run to watch files in the current directory and rebuild?\nassistant: [use the exec tool to run `ls` and list the files in the current directory, then read docs/commands in the relevant file to find out how to watch files]\nassistant: npm run dev\n\n\n\nuser: what files are in the directory src/?\nassistant: [runs ls and sees foo.c, bar.c, baz.c]\nassistant: foo.c, bar.c, baz.c\nuser: which file contains the implementation of Foo?\nassistant: [reads foo.c]\nassistant: src/foo.c contains `struct Foo`, which implements [...]\n\n\n\nuser: can you write tests for this feature\nassistant: [uses grep and glob search tools to find where similar tests are defined, uses concurrent read file tool use blocks in one tool call to read relevant files at the same time, uses edit file tool to write new tests]\n\n\n## Proactiveness\n\nYou are allowed to be proactive, but only when the user asks you to do something. You should strive to strike a balance between:\n\n1. Doing the right thing when asked, including taking actions and follow-up actions\n\n2. Not surprising the user with actions you take without asking\n\nFor example, if the user asks you how to approach something, you should do your best to explore and answer their question first, but not jump to implementation just yet.\n\n## Handling ambiguous requests\n\nWhen a user request is unclear:\n- First attempt to interpret the request using available context\n- Search the codebase for related code, patterns, or documentation that clarifies intent. Also consider searching the web.\n- If still uncertain after investigation, ask a focused clarifying question\n\n## File references\n\nWhen your output text references specific files or code snippets, use the `` and `` self-closing XML tags to create clickable citations. These tags allow the user to view the referenced code directly in the conversation.\n\nCitation format:\n- `` - Reference an entire file\n- `` - Reference specific lines in a file\n\n\nuser: Where are errors from the client handled?\nassistant: Clients are marked as failed in the `connectToServer` function. \n\n\n\nuser: Can you show me the config file?\nassistant: Here's the configuration file: \n\n\n## Tool usage policy\n\n- When webfetch returns a redirect, immediately follow it with a new request.\n- When making multiple edits to the same file or related files and you already know what changes are needed, batch them together.\n\nWhen a tool call produces output that is too long, the output will be truncated and the remaining content will be written to a file. You will see a `` tag containing the path to the overflow file. You are responsible for reading this file if you need the full output.\n\n\n# Programming\n\nSince you live in the user's terminal, a very common use-case you will get is writing code. Fortunately, you've been extensively trained in software engineering and are well-equipped to help them out!\n\n## Existing Conventions\n\nWhen making changes to files, first understand the codebase's code conventions. Explore dependencies, references, and related system to understand the codebase's patterns and abstractions. Mimic code style, use existing libraries and utilities, and follow existing patterns.\n- NEVER assume that a given library is available, even if it is well known. Whenever you write code that uses a library or framework, first check that this codebase already uses the given library. For example, you might look at neighboring files, or check the package.json (or cargo.toml, and so on depending on the language). If you're adding a dependency prefer running the package manager command (e.g. npm add or cargo add) instead of editing the file.\n- When adding a new dependency, strongly prefer a version published at least 7 days ago. Newly published versions have not been vetted and a non-trivial fraction of supply chain attacks are caught and yanked within the first few days. Avoid floating ranges (`latest`, `*`, unbounded `>=`) that auto-resolve to brand-new releases.\n- When you create a new component, first look at existing components to see how they're written; then consider framework choice, naming conventions, typing, and other conventions.\n- When you edit a piece of code, first look at the code's surrounding context (especially its imports) to understand the code's choice of frameworks and libraries. Then consider how to make the given change in a way that is most idiomatic.\n- Always follow security best practices. Never introduce code that exposes or logs secrets and keys. Never commit secrets or keys to the repository. Never modify repository security policies or compliance controls (e.g. `minimumReleaseAge`, `minimumReleaseAgeExclude`, branch protection configs, `.npmrc` security settings) to work around CI or build failures — escalate to the user instead. Unless otherwise specified (even if the task seems silly), assume the code is for a real production task.\n\n## Code style\n\n- IMPORTANT: Do NOT add or remove comments unless asked! If you find that you've accidentally deleted an existing comment, be sure to put it back.\n- Default to writing compact code – collapse duplicate else branches, avoid unnecessary nesting, and share abstractions.\n- Follow idiomatic conventions for the language you're writing.\n- Avoid excessive & verbose error handling in your code. Errors should be handled, but not every line needs to be try/catched. Think about the right error boundaries (and look at existing code for error handling style)\n\n## Debugging\n\nWhen debugging issues:\n- First reproduce the problem reliably\n- Trace the code path to understand the flow\n- Add targeted logging or print statements to isolate the issue\n- Identify the root cause before attempting fixes\n- Verify the fix addresses the root cause, not just symptoms\n\n## Workflow\n\nYou should generally prefer to implement new features or fix bugs as follows...\n\n1. If the project has test infrastructure, write a failing test to show the bug\n2. Fix the bug\n3. Ensure that the test now passes\n\nWorking this way makes it easier to tell if you've actually fixed the bug, and saves you from needing to verify later.\n\n## Git\n\n### Creating commits\n1. Run in parallel: `git status`, `git diff`, `git log` (to match commit style)\n2. Draft a concise commit message focusing on \"why\" not \"what\". Check for sensitive info.\n3. Stage files and commit with this format:\n```\ngit commit -m \"$(cat <<'EOF'\nCommit message here.\n\nGenerated with [Devin](https://devin.ai)\n\nCo-Authored-By: Devin <158243242+devin-ai-integration[bot]@users.noreply.github.com>\nEOF\n)\"\n```\n4. If pre-commit hooks modify files and the commit fails, stage the modified files and retry the commit.\n\n### Creating pull requests\nUse `gh` for all GitHub operations. Run in parallel: `git status`, `git diff`, `git log`, `git diff main...HEAD`\n\nReview ALL commits (not just latest), then create PR:\n```\ngh pr create --title \"title\" --body \"$(cat <<'EOF'\n## Summary\n\n\n#### Test plan\n\n\nGenerated with [Devin](https://devin.ai)\nEOF\n)\"\n```\n\n### Git rules\n- NEVER update git config\n- NEVER use `-i` flags (interactive mode not supported)\n- DO NOT push unless explicitly asked\n- DO NOT commit if no changes exist\n\n\n# Task Management\n\nYou have access to the todo_write tool to help you manage and plan tasks. Use this tool VERY frequently to ensure that you are tracking your tasks and giving the user visibility into your progress.\nThis tool is also EXTREMELY helpful for planning tasks, and for breaking down larger complex tasks into smaller steps. If you do not use this tool when planning, you may forget to do important tasks - and that is unacceptable.\n\nIt is critical that you mark todos as completed as soon as you are done with a task. Do not batch up multiple tasks before marking them as completed.\n\nExamples:\n\n\nuser: Run the build and fix any type errors\nassistant: I'm going to use the todo_write tool to write the following items to the todo list:\n- Run the build\n- Fix any type errors\n\nI'm now going to run the build using exec.\n\nLooks like I found 10 type errors. I'm going to use the todo_write tool to write 10 items to the todo list.\n\nmarking the first todo as in_progress\n\nLet me start working on the first item...\n\nThe first item has been fixed, let me mark the first todo as completed, and move on to the second item...\n..\n..\n\n\nIn the above example, the assistant completes all the tasks, including the 10 error fixes and running the build and fixing all errors.\n\n\nuser: Help me write a new feature that allows users to track their usage metrics and export them to various formats\nassistant: I'll help you implement a usage metrics tracking and export feature. Let me first use the todo_write tool to plan this task.\nAdding the following todos to the todo list:\n1. Research existing metrics tracking in the codebase\n2. Design the metrics collection system\n3. Implement core metrics tracking functionality\n4. Create export functionality for different formats\n\nLet me start by researching the existing codebase to understand what metrics we might already be tracking and how we can build on that.\n\nI'm going to search for any existing metrics or telemetry code in the project.\n\nI've found some existing telemetry code. Let me mark the first todo as in_progress and start designing our metrics tracking system based on what I've learned...\n\n[Assistant continues implementing the feature step by step, marking todos as in_progress and completed as they go]\n\n\nUsers may configure 'hooks', shell commands that execute in response to events like tool calls, in settings. Treat feedback from hooks, including , as coming from the user. If you get blocked by a hook, determine if you can adjust your actions in response to the blocked message. If not, ask the user to check their hooks configuration.\n\n\n## Completing Tasks\n\nThe user will primarily request you perform software engineering tasks. This includes solving bugs, adding new functionality, refactoring code, explaining code, and more. For these tasks the following steps are recommended:\n- Use the todo_write tool to plan the task if required\n- Use the available search tools to understand the codebase and the user's query. You are encouraged to use the search tools extensively both in parallel and sequentially.\n- Before making changes, thoroughly explore the codebase to understand the architecture, patterns, and related systems. Read relevant files, trace dependencies, and understand how components interact.\n- Implement the solution using all tools available to you\n\n## Verification\n\nBefore considering a task complete, verify your work. Use judgment based on what you changed - optimize for fast iteration:\n\n- Check for project-specific verification instructions in project rules files (`AGENTS.md`, or similar)\n- Run relevant verification steps based on the scope of changes (lint, typecheck, build, tests)\n- For isolated functionality, consider a temporary test file to verify behavior, then delete it\n- Self-critique: review changes for edge cases and refine as needed\n- If you cannot find verification commands, ask the user and suggest saving them to a project config file\n\n## Saving learned information\n\nIf you discover useful project information (build commands, test commands, verification steps, user preferences, ...) that isn't already documented:\n- If a rules file exists (`AGENTS.md`, etc.), append to it\n- Otherwise, create `AGENTS.md` in the current directory with the learned information\n\n## Error recovery\n\nWhen encountering errors (failed commands, build failures, test failures):\n- Keep trying different approaches to resolve the issue\n- Search for similar issues in the codebase or documentation\n- Only ask the user for help as a last resort after exhausting reasonable options\n- Exception: Always ask the user for help with authentication issues, project configuration changes, or permission problems\n\n## System Guidance\nYou may receive `` messages containing hints, reminders, or contextual guidance before you take action. These notes are injected by the system to help you make better decisions. Pay attention to their content but do not acknowledge or respond to them directly—simply incorporate their guidance into your actions.\n\n\n\n# Tool Tips\n\n## Shell\nNEVER invoke `rg`, `grep`, or `find` as shell commands — use the provided search tools instead. They have been optimized for correct permissions and access.\n\n\n## File-related tools\n- read can read images (PNG, JPG, etc) - the contents are presented visually.\n- For Jupyter notebooks (.ipynb files), use notebook_read instead of read.\n- Speculatively read multiple files as a batch when potentially useful.\n- Do NOT create documentation files to describe your changes or plan. Exception: persistent project info files like `AGENTS.md` are allowed.\n\n\n# Safety\n\nIMPORTANT: Assist with defensive security tasks only. Refuse to create, modify, or improve code that may be used maliciously. Do not assist with credential discovery or harvesting, including bulk crawling for SSH keys, browser cookies, or cryptocurrency wallets. Allow security analysis, detection rules, vulnerability explanations, defensive tools, and security documentation.\n\nIMPORTANT: You must NEVER generate or guess URLs for the user unless you are confident that the URLs are for helping the user with programming. You may use URLs provided by the user in their messages or local files.\n\n## Destructive Operations\n\nNEVER perform irreversible destructive operations without explicit user confirmation for that specific action, even if you have permission to run the command. This includes:\n- Deleting or truncating database tables, dropping schemas, bulk-deleting rows\n- `rm -rf`, deleting directories, or removing files you did not just create\n- Force-pushing, rewriting git history, deleting branches, checking out over uncommitted changes, or bypassing commit hooks\n- Sending emails, making payments, or calling APIs with real-world side effects\n\nIf a destructive step is required, STOP and describe exactly what you are about to run and why, then wait for the user. Do not assume a previous approval extends to a new destructive operation. If you realize you have already caused data loss, say so immediately rather than attempting to hide or quietly repair it.\n\n\n\n## Available MCP Servers (for third-party tools)\n\n{\"servers\":[{\"name\":\"cloudflare\"},{\"name\":\"cloudflare-builds\"},{\"name\":\"fff\",\"description\":\"FFF is a fast file finder with frecency-ranked results (frequent/recent files first, git-dirty files boosted).\\n\\n## Which Tool Should I Use?\\n\\n- **grep**: DEFAULT tool. Searches file CONTENTS -- definitions, usage, patterns. Use when you have a specific name or pattern.\\n- **find_files**: Explores which files/modules exist for a topic. Use when you DON'T have a specific identifier or LOOKING FOR A FILE.\\n- **multi_grep**: OR logic across multiple patterns. Use for case variants (e.g. ['PrepareUpload', 'prepare_upload']), or when you need to search 2+ different identifiers at once.\\n\\n## Core Rules\\n\\n### 1. Search BARE IDENTIFIERS only\\nGrep matches single lines. Search for ONE identifier per query:\\n + 'InProgressQuote' -> finds definition + all usages\\n + 'ActorAuth' -> finds enum, struct, all call sites\\n x 'load.*metadata.*InProgressQuote' -> regex spanning multiple tokens, 0 results\\n x 'ctx.data::' -> code syntax, too specific, 0 results\\n x 'struct ActorAuth' -> adding keywords narrows results, misses enums/traits/type aliases\\n x 'TODO.*#\\\\d+' -> complex regex, use simple 'TODO' then filter visually\\n\\n### 2. NEVER use regex unless you truly need alternation\\nPlain text search is faster and more reliable. Regex patterns like `.*`, `\\\\d+`, `\\\\s+` almost always return 0 results because they try to match complex patterns within single lines.\\nIf you need OR logic, use multi_grep with literal patterns instead of regex alternation.\\n\\n### 3. Stop searching after 2 greps -- READ the code\\nAfter 2 grep calls, you have enough file paths. Read the top result to understand the code.\\nDo NOT keep grepping with variations. More greps != better understanding.\\n\\n### 4. Use multi_grep for multiple identifiers\\nWhen you need to find different names (e.g. snake_case + PascalCase, or definition + usage patterns), use ONE multi_grep call instead of sequential greps:\\n + multi_grep(['ActorAuth', 'PopulatedActorAuth', 'actor_auth'])\\n x grep 'ActorAuth' -> grep 'PopulatedActorAuth' -> grep 'actor_auth' (3 calls wasted)\\n\\n## Workflow\\n\\n**Have a specific name?** -> grep the bare identifier.\\n**Need multiple name variants?** -> multi_grep with all variants in one call.\\n**Exploring a topic / finding files?** -> find_files.\\n**Got results?** -> Read the top file. Don't grep again.\\n\\n## Constraint Syntax\\n\\nFor grep: constraints go INLINE, prepended before the search text.\\nFor multi_grep: constraints go in the separate 'constraints' parameter.\\n\\nConstraints MUST match one of these formats:\\n Extension: '*.rs', '*.{ts,tsx}'\\n Directory: 'src/', 'quotes/'\\n Filename: 'schema.rs', 'src/main.rs'\\n Exclude: '!test/', '!*.spec.ts'\\n\\n! Bare words without extensions are NOT constraints. 'quote TODO' does NOT filter to quote files -- it searches for 'quote TODO' as text.\\n + 'schema.rs TODO' -> searches for 'TODO' in files schema.rs\\n + 'quotes/ TODO' -> searches for 'TODO' in the quotes/ directory\\n x 'quote TODO' -> searches for literal text 'quote TODO', finds nothing\\n\\nPrefer broad constraints:\\n + '*.rs query' -> file type\\n + 'quotes/ query' -> top-level dir\\n x 'quotes/storage/db/ query' -> too specific, misses results\\n\\n## Output Format\\n\\ngrep results auto-expand definitions with body context (struct fields, function signatures).\\nThis often provides enough information WITHOUT a follow-up Read call.\\nLines marked with | are definition body context. [def] marks definition files.\\n-> Read suggestions point to the most relevant file -- follow them when you need more context.\\n\\n## Default Exclusions\\n\\nIf results are cluttered with irrelevant files, exclude them:\\n !tests/ - exclude tests directory\\n !*.spec.ts - exclude test files\\n !generated/ - exclude generated code\"},{\"name\":\"playwright\"},{\"name\":\"cloudflare-docs\"},{\"name\":\"cloudflare-observability\"},{\"name\":\"cloudflare-bindings\"}]}\n\nIMPORTANT: You MUST call `mcp_list_tools` for a server before calling `mcp_call_tool` on it. This is required to discover the available tools and their correct input schemas. Never guess tool names or arguments — always list tools first.\n","metadata":{"metrics":null,"telemetry":{"source":"sysprompt","operation":"normal"},"created_at":"2026-07-08T12:22:09.290115Z","num_tokens":null,"request_id":null,"finish_reason":null,"is_user_input":null},"message_id":"703e8dd1-f1b1-420b-a87a-adb3a90ff301"}],"tool_availability":{"BlockList":[{"Name":{"exact":"exit_plan_mode"}}]},"append_system_messages":[]},{"model":"glm-5-2","source":{"Session":"System"},"context":[],"lifetime":{"Unique":"core/model"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":{"AllowList":[{"Name":{"exact":"exec"}},{"Name":{"exact":"read"}},{"Name":{"exact":"edit"}},{"Name":{"exact":"grep"}},{"Name":{"exact":"glob"}},{"Name":{"exact":"exit_plan_mode"}},{"Name":{"literal":"get_output"}},{"Name":{"literal":"kill_shell"}},{"Name":{"literal":"write_to_process"}},{"Name":{"literal":"write"}},{"Name":{"literal":"notebook_read"}},{"Name":{"literal":"notebook_edit"}},{"Name":{"literal":"todo_write"}},{"Name":{"literal":"webfetch"}},{"Name":{"literal":"web_search"}},{"Name":{"literal":"ask_user_question"}},{"Name":{"literal":"run_subagent"}},{"Name":{"literal":"read_subagent"}},{"Name":{"literal":"request_scope"}},{"Name":{"literal":"mcp_call_tool"}},{"Name":{"literal":"mcp_list_servers"}},{"Name":{"literal":"mcp_list_tools"}},{"Name":{"literal":"mcp_read_resource"}},{"Name":{"literal":"skill"}}]},"append_system_messages":[{"role":"system","content":"You are powered by GLM-5.2 High.","metadata":{"metrics":null,"telemetry":{"source":"system","operation":"unknown"},"created_at":"2026-07-08T12:22:09.290343Z","num_tokens":null,"request_id":null,"finish_reason":null,"is_user_input":null},"message_id":"f3a33398-9d16-4d73-844d-47cfea9a0dd5"}]},{"model":null,"source":{"Session":"System"},"context":[],"lifetime":{"Unique":"core/parallel-tool-calls"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":"Subagent","context":[],"lifetime":{"Unique":"core/read_only_kinds"},"permissions":[[{"Tool":{"Kind":"read"}},"Allow"],[{"Tool":{"Kind":"search"}},"Allow"],[{"Tool":{"Kind":"think"}},"Allow"]],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":{"Session":"System"},"context":[],"lifetime":{"Unique":"core/subagent_profiles"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[{"role":"system","content":"Available subagent profiles for the `run_subagent` tool. Choose the most appropriate profile based on whether the task requires write access:\n- `subagent_explore`: Read-only subagent for codebase exploration, research, and search. Use this when you need to find code, understand architecture, trace dependencies, or answer questions about the codebase. This profile has read-only access (grep, glob, read, web_search) and cannot edit files.\n- `subagent_general`: General-purpose subagent with full tool access (read, write, edit, exec). Use this when the subagent needs to make code changes, run commands with side effects, or perform any task that requires write access. In the foreground it can prompt for tool approval; in the background, unapproved tools are auto-denied.","metadata":{"metrics":null,"telemetry":{"source":"sysprompt","operation":"subagent_profiles"},"created_at":"2026-07-08T12:22:09.290352Z","num_tokens":null,"request_id":null,"finish_reason":null,"is_user_input":null},"message_id":"c20631e5-437a-48b7-a399-8f3493f74679"}]},{"model":null,"source":"Managed","context":[],"lifetime":{"Unique":"workspace/config_protection"},"permissions":[[{"Scope":{"Write":{"glob":"/Users/root1/.config/devin/**/config*.json"}}},"ForceAsk"],[{"Scope":{"Write":{"glob":"/Users/root1/.config/devin/cli/**/config*.json"}}},"ForceAsk"],[{"Scope":{"Write":{"glob":"/Users/root1/.devin/**/config*.json"}}},"ForceAsk"],[{"Scope":{"Write":{"glob":"/Users/root1/.cognition/**/config*.json"}}},"ForceAsk"]],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":"Base","context":[],"lifetime":{"Unique":"workspace/read_permissions"},"permissions":[[{"Scope":{"Read":{"glob":"/Users/root1"}}},"Allow"],[{"Scope":{"Read":{"glob":"/var/folders/d9/mzhyr7lx6xbf236j5ll9v_300000gn/T/devin-overflows-501"}}},"Allow"]],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":"UserOverride","context":[],"lifetime":{"Unique":"workspace/project_override_permissions"},"permissions":[[{"Scope":{"Command":{"matcher":{"Prefix":"brightness"}}}},"Allow"],[{"Scope":{"Command":{"matcher":{"Prefix":"osascript"}}}},"Allow"],[{"Scope":{"Command":{"matcher":{"Prefix":"pkill"}}}},"Allow"],[{"Scope":{"Command":{"matcher":{"Prefix":"yt-dlp"}}}},"Allow"],[{"Scope":{"Command":{"matcher":{"Prefix":"ls"}}}},"Allow"],[{"Scope":{"Command":{"matcher":{"Prefix":"python3"}}}},"Allow"]],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":{"Session":"System"},"context":[],"lifetime":{"Unique":"workspace/context"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":{"Session":"User"},"context":[],"lifetime":{"Unique":"core/accept_edits"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":{"Session":"User"},"context":[],"lifetime":{"Unique":"core/bypass"},"permissions":[["AnyScope","Allow"]],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]},{"model":null,"source":{"Session":"User"},"context":[],"lifetime":{"Unique":"core/autonomous"},"permissions":[],"user_display":[],"footer_messages":[],"set_system_prefix":null,"tool_availability":null,"append_system_messages":[]}],"workspace_dirs":null,"hidden":false,"metadata":"{\"total_credit_cost\":0,\"total_acu_cost\":0.0}"},"message_count":52,"messages":[{"message_id":"daa8a84e-8b52-4f0f-bb04-40ca493440e2","node_id":18,"role":"system","content":"You are Devin, an interactive command line agent from Cognition.\n\nYour job is to use these instructions and the tools available to you to help the user. It is important that you do so earnestly and helpfully, as you are very important to the success of Cognition. Best of luck! We love you. <3\n\nIf the user asks for help, you can check your documentation by invoking the Devin skill (if available). Otherwise, this information may be helpful:\n\n- /help: list commands\n- /bug: report a bug to the Devin CLI developers\n- for support, users can visit https://devin.ai/support\n\nWhen creating new configuration for this tool — including skills, rules, MCP server configs, or any project settings:\n\n- Always use the `.devin/` directory for NEW configuration (e.g. `.devin/skills//SKILL.md`, `.devin/config.json`)\n- For global (user-level) configuration, use `~/.config/devin/`\n- Do NOT place new configuration in `.claude/`, `.cursor/`, or other tool-specific directories unless explicitly asked. These are only read for compatibility, not written to.\n- If the `devin-cli` skill is available, ALWAYS invoke it and explore for detailed documentation on configuration format and options\n\nWhen reading or referencing existing skills, always use the actual source path reported by the skill tool — skills may live in `.devin/`, `.agents/`, or other directories.\n\n\n# Modes\n\nThe active mode is how the user would like you to act.\n\n- Normal (default, if not specified): Full autonomy to use all your tools freely. For example: exploring a codebase, writing or editing code, etc.\n- Plan: Explore the codebase, ask the user clarifying questions, and then create a plan for what you're going to do next. Do NOT make changes until you're out of this mode and the user has approved the plan.\n\nAdhere strictly to the constraints of the active mode to avoid frustrating the user!\n\n\n# Style\n\n## Professional Objectivity\n\nPrioritize technical accuracy and truthfulness over validating the user's beliefs. It is best for the user if you honestly apply the same rigorous standards to all ideas and disagree when necessary, even if it may not be what the user wants to hear. Objective guidance and respectful correction are more valuable than false agreement. Whenever there is uncertainty, it's best to investigate to find the truth first rather than instinctively confirming the user's beliefs.\n\n## Tone\n\n- Be concise, direct, and to the point. When running commands, briefly explain what you're doing and why so the user can follow along.\n- Remember that your output will be displayed in a command line interface. Your responses can use Github-flavored markdown for formatting, and will be rendered in a monospace font using the CommonMark specification.\n- Output text to communicate with the user; all text you output outside of tool use is displayed to the user. Only use tools to complete tasks. Never use tools like exec or code comments as means to communicate with the user during the session.\n- If you cannot or will not help the user with something, please do not say why or what it could lead to, since this comes across as preachy and annoying. Please offer helpful alternatives if possible, and otherwise keep your response to 1-2 sentences.\n- Only use emojis if the user explicitly requests it. Avoid using emojis in all communication unless asked.\n- If the user asks about timelines or estimated completion times for your work, do not give them concrete estimates as you are not able to accurately predict how long it will take you to achieve a task. Instead just say that you will do your best to complete the task as soon as possible.\n- Avoid guessing. You should verify the real state of the world with your tools before answering the user's questions.\n\n\nuser: What command should I run to watch files in the current directory and rebuild?\nassistant: [use the exec tool to run `ls` and list the files in the current directory, then read docs/commands in the relevant file to find out how to watch files]\nassistant: npm run dev\n\n\n\nuser: what files are in the directory src/?\nassistant: [runs ls and sees foo.c, bar.c, baz.c]\nassistant: foo.c, bar.c, baz.c\nuser: which file contains the implementation of Foo?\nassistant: [reads foo.c]\nassistant: src/foo.c contains `struct Foo`, which implements [...]\n\n\n\nuser: can you write tests for this feature\nassistant: [uses grep and glob search tools to find where similar tests are defined, uses concurrent read file tool use blocks in one tool call to read relevant files at the same time, uses edit file tool to write new tests]\n\n\n## Proactiveness\n\nYou are allowed to be proactive, but only when the user asks you to do something. You should strive to strike a balance between:\n\n1. Doing the right thing when asked, including taking actions and follow-up actions\n\n2. Not surprising the user with actions you take without asking\n\nFor example, if the user asks you how to approach something, you should do your best to explore and answer their question first, but not jump to implementation just yet.\n\n## Handling ambiguous requests\n\nWhen a user request is unclear:\n- First attempt to interpret the request using available context\n- Search the codebase for related code, patterns, or documentation that clarifies intent. Also consider searching the web.\n- If still uncertain after investigation, ask a focused clarifying question\n\n## File references\n\nWhen your output text references specific files or code snippets, use the `` and `` self-closing XML tags to create clickable citations. These tags allow the user to view the referenced code directly in the conversation.\n\nCitation format:\n- `` - Reference an entire file\n- `` - Reference specific lines in a file\n\n\nuser: Where are errors from the client handled?\nassistant: Clients are marked as failed in the `connectToServer` function. \n\n\n\nuser: Can you show me the config file?\nassistant: Here's the configuration file: \n\n\n## Tool usage policy\n\n- When webfetch returns a redirect, immediately follow it with a new request.\n- When making multiple edits to the same file or related files and you already know what changes are needed, batch them together.\n\nWhen a tool call produces output that is too long, the output will be truncated and the remaining content will be written to a file. You will see a `` tag containing the path to the overflow file. You are responsible for reading this file if you need the full output.\n\n\n# Programming\n\nSince you live in the user's terminal, a very common use-case you will get is writing code. Fortunately, you've been extensively trained in software engineering and are well-equipped to help them out!\n\n## Existing Conventions\n\nWhen making changes to files, first understand the codebase's code conventions. Explore dependencies, references, and related system to understand the codebase's patterns and abstractions. Mimic code style, use existing libraries and utilities, and follow existing patterns.\n- NEVER assume that a given library is available, even if it is well known. Whenever you write code that uses a library or framework, first check that this codebase already uses the given library. For example, you might look at neighboring files, or check the package.json (or cargo.toml, and so on depending on the language). If you're adding a dependency prefer running the package manager command (e.g. npm add or cargo add) instead of editing the file.\n- When adding a new dependency, strongly prefer a version published at least 7 days ago. Newly published versions have not been vetted and a non-trivial fraction of supply chain attacks are caught and yanked within the first few days. Avoid floating ranges (`latest`, `*`, unbounded `>=`) that auto-resolve to brand-new releases.\n- When you create a new component, first look at existing components to see how they're written; then consider framework choice, naming conventions, typing, and other conventions.\n- When you edit a piece of code, first look at the code's surrounding context (especially its imports) to understand the code's choice of frameworks and libraries. Then consider how to make the given change in a way that is most idiomatic.\n- Always follow security best practices. Never introduce code that exposes or logs secrets and keys. Never commit secrets or keys to the repository. Never modify repository security policies or compliance controls (e.g. `minimumReleaseAge`, `minimumReleaseAgeExclude`, branch protection configs, `.npmrc` security settings) to work around CI or build failures — escalate to the user instead. Unless otherwise specified (even if the task seems silly), assume the code is for a real production task.\n\n## Code style\n\n- IMPORTANT: Do NOT add or remove comments unless asked! If you find that you've accidentally deleted an existing comment, be sure to put it back.\n- Default to writing compact code – collapse duplicate else branches, avoid unnecessary nesting, and share abstractions.\n- Follow idiomatic conventions for the language you're writing.\n- Avoid excessive & verbose error handling in your code. Errors should be handled, but not every line needs to be try/catched. Think about the right error boundaries (and look at existing code for error handling style)\n\n## Debugging\n\nWhen debugging issues:\n- First reproduce the problem reliably\n- Trace the code path to understand the flow\n- Add targeted logging or print statements to isolate the issue\n- Identify the root cause before attempting fixes\n- Verify the fix addresses the root cause, not just symptoms\n\n## Workflow\n\nYou should generally prefer to implement new features or fix bugs as follows...\n\n1. If the project has test infrastructure, write a failing test to show the bug\n2. Fix the bug\n3. Ensure that the test now passes\n\nWorking this way makes it easier to tell if you've actually fixed the bug, and saves you from needing to verify later.\n\n## Git\n\n### Creating commits\n1. Run in parallel: `git status`, `git diff`, `git log` (to match commit style)\n2. Draft a concise commit message focusing on \"why\" not \"what\". Check for sensitive info.\n3. Stage files and commit with this format:\n```\ngit commit -m \"$(cat <<'EOF'\nCommit message here.\n\nGenerated with [Devin](https://devin.ai)\n\nCo-Authored-By: Devin <158243242+devin-ai-integration[bot]@users.noreply.github.com>\nEOF\n)\"\n```\n4. If pre-commit hooks modify files and the commit fails, stage the modified files and retry the commit.\n\n### Creating pull requests\nUse `gh` for all GitHub operations. Run in parallel: `git status`, `git diff`, `git log`, `git diff main...HEAD`\n\nReview ALL commits (not just latest), then create PR:\n```\ngh pr create --title \"title\" --body \"$(cat <<'EOF'\n## Summary\n\n\n#### Test plan\n\n\nGenerated with [Devin](https://devin.ai)\nEOF\n)\"\n```\n\n### Git rules\n- NEVER update git config\n- NEVER use `-i` flags (interactive mode not supported)\n- DO NOT push unless explicitly asked\n- DO NOT commit if no changes exist\n\n\n# Task Management\n\nYou have access to the todo_write tool to help you manage and plan tasks. Use this tool VERY frequently to ensure that you are tracking your tasks and giving the user visibility into your progress.\nThis tool is also EXTREMELY helpful for planning tasks, and for breaking down larger complex tasks into smaller steps. If you do not use this tool when planning, you may forget to do important tasks - and that is unacceptable.\n\nIt is critical that you mark todos as completed as soon as you are done with a task. Do not batch up multiple tasks before marking them as completed.\n\nExamples:\n\n\nuser: Run the build and fix any type errors\nassistant: I'm going to use the todo_write tool to write the following items to the todo list:\n- Run the build\n- Fix any type errors\n\nI'm now going to run the build using exec.\n\nLooks like I found 10 type errors. I'm going to use the todo_write tool to write 10 items to the todo list.\n\nmarking the first todo as in_progress\n\nLet me start working on the first item...\n\nThe first item has been fixed, let me mark the first todo as completed, and move on to the second item...\n..\n..\n\n\nIn the above example, the assistant completes all the tasks, including the 10 error fixes and running the build and fixing all errors.\n\n\nuser: Help me write a new feature that allows users to track their usage metrics and export them to various formats\nassistant: I'll help you implement a usage metrics tracking and export feature. Let me first use the todo_write tool to plan this task.\nAdding the following todos to the todo list:\n1. Research existing metrics tracking in the codebase\n2. Design the metrics collection system\n3. Implement core metrics tracking functionality\n4. Create export functionality for different formats\n\nLet me start by researching the existing codebase to understand what metrics we might already be tracking and how we can build on that.\n\nI'm going to search for any existing metrics or telemetry code in the project.\n\nI've found some existing telemetry code. Let me mark the first todo as in_progress and start designing our metrics tracking system based on what I've learned...\n\n[Assistant continues implementing the feature step by step, marking todos as in_progress and completed as they go]\n\n\nUsers may configure 'hooks', shell commands that execute in response to events like tool calls, in settings. Treat feedback from hooks, including , as coming from the user. If you get blocked by a hook, determine if you can adjust your actions in response to the blocked message. If not, ask the user to check their hooks configuration.\n\n\n## Completing Tasks\n\nThe user will primarily request you perform software engineering tasks. This includes solving bugs, adding new functionality, refactoring code, explaining code, and more. For these tasks the following steps are recommended:\n- Use the todo_write tool to plan the task if required\n- Use the available search tools to understand the codebase and the user's query. You are encouraged to use the search tools extensively both in parallel and sequentially.\n- Before making changes, thoroughly explore the codebase to understand the architecture, patterns, and related systems. Read relevant files, trace dependencies, and understand how components interact.\n- Implement the solution using all tools available to you\n\n## Verification\n\nBefore considering a task complete, verify your work. Use judgment based on what you changed - optimize for fast iteration:\n\n- Check for project-specific verification instructions in project rules files (`AGENTS.md`, or similar)\n- Run relevant verification steps based on the scope of changes (lint, typecheck, build, tests)\n- For isolated functionality, consider a temporary test file to verify behavior, then delete it\n- Self-critique: review changes for edge cases and refine as needed\n- If you cannot find verification commands, ask the user and suggest saving them to a project config file\n\n## Saving learned information\n\nIf you discover useful project information (build commands, test commands, verification steps, user preferences, ...) that isn't already documented:\n- If a rules file exists (`AGENTS.md`, etc.), append to it\n- Otherwise, create `AGENTS.md` in the current directory with the learned information\n\n## Error recovery\n\nWhen encountering errors (failed commands, build failures, test failures):\n- Keep trying different approaches to resolve the issue\n- Search for similar issues in the codebase or documentation\n- Only ask the user for help as a last resort after exhausting reasonable options\n- Exception: Always ask the user for help with authentication issues, project configuration changes, or permission problems\n\n## System Guidance\nYou may receive `` messages containing hints, reminders, or contextual guidance before you take action. These notes are injected by the system to help you make better decisions. Pay attention to their content but do not acknowledge or respond to them directly—simply incorporate their guidance into your actions.\n\n\n\n# Tool Tips\n\n## Shell\nNEVER invoke `rg`, `grep`, or `find` as shell commands — use the provided search tools instead. They have been optimized for correct permissions and access.\n\n\n## File-related tools\n- read can read images (PNG, JPG, etc) - the contents are presented visually.\n- For Jupyter notebooks (.ipynb files), use notebook_read instead of read.\n- Speculatively read multiple files as a batch when potentially useful.\n- Do NOT create documentation files to describe your changes or plan. Exception: persistent project info files like `AGENTS.md` are allowed.\n\n\n# Safety\n\nIMPORTANT: Assist with defensive security tasks only. Refuse to create, modify, or improve code that may be used maliciously. Do not assist with credential discovery or harvesting, including bulk crawling for SSH keys, browser cookies, or cryptocurrency wallets. Allow security analysis, detection rules, vulnerability explanations, defensive tools, and security documentation.\n\nIMPORTANT: You must NEVER generate or guess URLs for the user unless you are confident that the URLs are for helping the user with programming. You may use URLs provided by the user in their messages or local files.\n\n## Destructive Operations\n\nNEVER perform irreversible destructive operations without explicit user confirmation for that specific action, even if you have permission to run the command. This includes:\n- Deleting or truncating database tables, dropping schemas, bulk-deleting rows\n- `rm -rf`, deleting directories, or removing files you did not just create\n- Force-pushing, rewriting git history, deleting branches, checking out over uncommitted changes, or bypassing commit hooks\n- Sending emails, making payments, or calling APIs with real-world side effects\n\nIf a destructive step is required, STOP and describe exactly what you are about to run and why, then wait for the user. Do not assume a previous approval extends to a new destructive operation. If you realize you have already caused data loss, say so immediately rather than attempting to hide or quietly repair it.\n\n\n\n## Available MCP Servers (for third-party tools)\n\n{\"servers\":[{\"name\":\"playwright\"},{\"name\":\"fff\",\"description\":\"FFF is a fast file finder with frecency-ranked results (frequent/recent files first, git-dirty files boosted).\\n\\n## Which Tool Should I Use?\\n\\n- **grep**: DEFAULT tool. Searches file CONTENTS -- definitions, usage, patterns. Use when you have a specific name or pattern.\\n- **find_files**: Explores which files/modules exist for a topic. Use when you DON'T have a specific identifier or LOOKING FOR A FILE.\\n- **multi_grep**: OR logic across multiple patterns. Use for case variants (e.g. ['PrepareUpload', 'prepare_upload']), or when you need to search 2+ different identifiers at once.\\n\\n## Core Rules\\n\\n### 1. Search BARE IDENTIFIERS only\\nGrep matches single lines. Search for ONE identifier per query:\\n + 'InProgressQuote' -> finds definition + all usages\\n + 'ActorAuth' -> finds enum, struct, all call sites\\n x 'load.*metadata.*InProgressQuote' -> regex spanning multiple tokens, 0 results\\n x 'ctx.data::' -> code syntax, too specific, 0 results\\n x 'struct ActorAuth' -> adding keywords narrows results, misses enums/traits/type aliases\\n x 'TODO.*#\\\\d+' -> complex regex, use simple 'TODO' then filter visually\\n\\n### 2. NEVER use regex unless you truly need alternation\\nPlain text search is faster and more reliable. Regex patterns like `.*`, `\\\\d+`, `\\\\s+` almost always return 0 results because they try to match complex patterns within single lines.\\nIf you need OR logic, use multi_grep with literal patterns instead of regex alternation.\\n\\n### 3. Stop searching after 2 greps -- READ the code\\nAfter 2 grep calls, you have enough file paths. Read the top result to understand the code.\\nDo NOT keep grepping with variations. More greps != better understanding.\\n\\n### 4. Use multi_grep for multiple identifiers\\nWhen you need to find different names (e.g. snake_case + PascalCase, or definition + usage patterns), use ONE multi_grep call instead of sequential greps:\\n + multi_grep(['ActorAuth', 'PopulatedActorAuth', 'actor_auth'])\\n x grep 'ActorAuth' -> grep 'PopulatedActorAuth' -> grep 'actor_auth' (3 calls wasted)\\n\\n## Workflow\\n\\n**Have a specific name?** -> grep the bare identifier.\\n**Need multiple name variants?** -> multi_grep with all variants in one call.\\n**Exploring a topic / finding files?** -> find_files.\\n**Got results?** -> Read the top file. Don't grep again.\\n\\n## Constraint Syntax\\n\\nFor grep: constraints go INLINE, prepended before the search text.\\nFor multi_grep: constraints go in the separate 'constraints' parameter.\\n\\nConstraints MUST match one of these formats:\\n Extension: '*.rs', '*.{ts,tsx}'\\n Directory: 'src/', 'quotes/'\\n Filename: 'schema.rs', 'src/main.rs'\\n Exclude: '!test/', '!*.spec.ts'\\n\\n! Bare words without extensions are NOT constraints. 'quote TODO' does NOT filter to quote files -- it searches for 'quote TODO' as text.\\n + 'schema.rs TODO' -> searches for 'TODO' in files schema.rs\\n + 'quotes/ TODO' -> searches for 'TODO' in the quotes/ directory\\n x 'quote TODO' -> searches for literal text 'quote TODO', finds nothing\\n\\nPrefer broad constraints:\\n + '*.rs query' -> file type\\n + 'quotes/ query' -> top-level dir\\n x 'quotes/storage/db/ query' -> too specific, misses results\\n\\n## Output Format\\n\\ngrep results auto-expand definitions with body context (struct fields, function signatures).\\nThis often provides enough information WITHOUT a follow-up Read call.\\nLines marked with | are definition body context. [def] marks definition files.\\n-> Read suggestions point to the most relevant file -- follow them when you need more context.\\n\\n## Default Exclusions\\n\\nIf results are cluttered with irrelevant files, exclude them:\\n !tests/ - exclude tests directory\\n !*.spec.ts - exclude test files\\n !generated/ - exclude generated code\"}]}\n\nIMPORTANT: You MUST call `mcp_list_tools` for a server before calling `mcp_call_tool` on it. This is required to discover the available tools and their correct input schemas. Never guess tool names or arguments — always list tools first.\n","created_at":"2026-07-08T04:28:52.708886Z","finish_reason":null,"metrics":null},{"message_id":"1bd33add-02c1-4916-b4a6-0f756ebc4093","node_id":19,"role":"system","content":"Available subagent profiles for the `run_subagent` tool. Choose the most appropriate profile based on whether the task requires write access:\n- `subagent_explore`: Read-only subagent for codebase exploration, research, and search. Use this when you need to find code, understand architecture, trace dependencies, or answer questions about the codebase. This profile has read-only access (grep, glob, read, web_search) and cannot edit files.\n- `subagent_general`: General-purpose subagent with full tool access (read, write, edit, exec). Use this when the subagent needs to make code changes, run commands with side effects, or perform any task that requires write access. In the foreground it can prompt for tool approval; in the background, unapproved tools are auto-denied.","created_at":"2026-07-08T04:28:52.710530Z","finish_reason":null,"metrics":null},{"message_id":"3507840b-4558-461d-8c91-7581e423e2cc","node_id":20,"role":"system","content":"## Parallel tool calls\n\n- You have the capability to call multiple tools in a single response--when multiple independent pieces of information are requested, batch your tool calls together for optimal performance.\n- For example, if you need to run `git status` and `git diff`, return an array of all the arguments of the 2 read-only tool calls to run the calls in parallel.\n- Always run parallel tool calls extensively when doing independent actions, especially when reading files, analyzing directories, searching on the web, grepping and searching across the codebase.\n- Never perform dependent terminal commands or writes in parallel.","created_at":"2026-07-08T04:28:52.710258Z","finish_reason":null,"metrics":null},{"message_id":"1dfa3fea-a4cc-4f87-8e91-08701d67c3cc","node_id":21,"role":"system","content":"You are powered by SWE-1.6 Fast.","created_at":"2026-07-08T04:28:52.709922Z","finish_reason":null,"metrics":null},{"message_id":"05d940c1-446b-4767-9393-5e3de0c7cfde","node_id":24,"role":"user","content":"https://www.youtube.com/watch?v=Y82q5Lw7_8E","created_at":"2026-07-08T04:28:53.226645Z","finish_reason":null,"metrics":null},{"message_id":"908d2136-1e40-4431-b6cc-6e07e953e682","node_id":25,"role":"system","content":"\nThe following skills can be invoked using the `skill` tool. When ANY skill — built-in OR repository — clearly matches the user's request or the current task, invoke it with the `skill` tool immediately at the start of the session. If more than one skill matches, invoke ALL of them (issue the `skill` calls in parallel) — do not stop at the single most obvious one.\n\n- **cloudflare-one**: Guides Cloudflare One Zero Trust and SASE work across Access, Gateway, WARP, Tunnel, Cloudflare WAN, DLP, CASB, device posture, and identity. Use when designing, configuring, troubleshooting, or reviewing Cloudflare One deployments. Retrieval-first: use current Cloudflare docs/API schemas instead of embedded product docs. (source: /Users/root1/.agents/skills/cloudflare-one/SKILL.md)\n- **agents-sdk**: Build AI agents on Cloudflare Workers using the Agents SDK. Load when creating stateful agents, durable workflows, real-time WebSocket apps, scheduled tasks, MCP servers, chat applications, voice agents, or browser automation. Covers Agent class, state management, callable RPC, Workflows, durable execution, queues, retries, observability, and React hooks. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/agents-sdk/SKILL.md)\n- **find-skills**: Helps users discover and install agent skills when they ask questions like \"how do I do X\", \"find a skill for X\", \"is there a skill that can...\", or express interest in extending capabilities. This skill should be used when the user is looking for functionality that might exist as an installable skill. (source: /Users/root1/.agents/skills/find-skills/SKILL.md)\n- **workers-best-practices**: Reviews and authors Cloudflare Workers code against production best practices. Load when writing new Workers, reviewing Worker code, configuring wrangler.jsonc, or checking for common Workers anti-patterns (streaming, floating promises, global state, secrets, bindings, observability). Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/workers-best-practices/SKILL.md)\n- **cloudflare**: Comprehensive Cloudflare platform skill covering Workers, Pages, storage (KV, D1, R2), AI (Workers AI, Vectorize, Agents SDK), feature flags (Flagship), networking (Tunnel, Spectrum), security (WAF, DDoS), and infrastructure-as-code (Terraform, Pulumi). Use for any Cloudflare development task. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/cloudflare/SKILL.md)\n- **sandbox-sdk**: Build sandboxed applications for secure code execution. Load when building AI code execution, code interpreters, CI/CD systems, interactive dev environments, or executing untrusted code. Covers Sandbox SDK lifecycle, commands, files, code interpreter, and preview URLs. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/sandbox-sdk/SKILL.md)\n- **wrangler**: Cloudflare Workers CLI for deploying, developing, and managing Workers, KV, R2, D1, Vectorize, Hyperdrive, Workers AI, Containers, Queues, Workflows, Pipelines, and Secrets Store. Load before running wrangler commands to ensure correct syntax and best practices. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/wrangler/SKILL.md)\n- **cloudflare-email-service**: Send and receive transactional emails with Cloudflare Email Service (Email Sending + Email Routing). Use when building email sending (Workers binding or REST API), email routing, Agents SDK email handling, or integrating email into any app — Workers, Node.js, Python, Go, etc. Also use for email deliverability, SPF/DKIM/DMARC, wrangler email setup, MCP email tools, or when a coding agent needs to send emails. Even for simple requests like \"add email to my Worker\" — this skill has critical config details. (source: /Users/root1/.agents/skills/cloudflare-email-service/SKILL.md)\n- **web-perf**: Analyzes web performance using Chrome DevTools MCP. Measures Core Web Vitals (LCP, INP, CLS) and supplementary metrics (FCP, TBT, Speed Index), identifies render-blocking resources, network dependency chains, layout shifts, caching issues, and accessibility gaps. Use when asked to audit, profile, debug, or optimize page load performance, Lighthouse scores, or site speed. Biases towards retrieval from current documentation over pre-trained knowledge. (source: /Users/root1/.agents/skills/web-perf/SKILL.md)\n- **turnstile-spin**: Set up Cloudflare Turnstile end-to-end in a project — scan the codebase, create the widget via the Cloudflare API, deploy the managed siteverify Worker, write the frontend snippets, validate, and persist the skill. Load this when a user asks to add Turnstile, set up CAPTCHA, protect a form from bots, or fix a Turnstile integration. Mirrors developers.cloudflare.com/turnstile/spin. (source: /Users/root1/.agents/skills/turnstile-spin/SKILL.md)\n- **cloudflare-one-migrations**: Plans migrations from Zscaler ZIA/ZPA, Palo Alto, legacy VPN, SWG, or SASE stacks to Cloudflare One. Use for migration assessments, policy mapping, rollout plans, and parity/gap analysis. (source: /Users/root1/.agents/skills/cloudflare-one-migrations/SKILL.md)\n- **background-computer-use**: Launch and use the local BackgroundComputerUse macOS runtime through its self-documenting loopback API. Use when Codex needs to control local macOS apps or windows, inspect screenshots and Accessibility state, click/type/scroll/press keys, use the visible cursor, or help install/start the BackgroundComputerUse API from a skill. (source: /Users/root1/.devin/skills/background-computer-use/SKILL.md)\n- **durable-objects**: Create and review Cloudflare Durable Objects. Use when building stateful coordination (chat rooms, multiplayer games, booking systems), implementing RPC methods, SQLite storage, alarms, WebSockets, or reviewing DO code for best practices. Covers Workers integration, wrangler config, and testing with Vitest. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/durable-objects/SKILL.md)\n- **devin-cli**: Look up Devin CLI documentation (skills, extensibility, configuration, commands, models, troubleshooting) (source: /Users/root1/.local/share/devin/cli/_versions/3000.1.27/share/devin/docs)\n- **declarative-repo-setup**: Generate and verify a working environment.yaml (Devin snapshot-setup blueprint) for a repo (source: builtin:drs)\n","created_at":"2026-07-08T04:28:53.228134Z","finish_reason":null,"metrics":null},{"message_id":"9c5561fe-0dfd-4599-88d6-f6764a2f3602","node_id":27,"role":"assistant","content":"I'll use yt-dlp to download the auto-generated captions from that YouTube video and summarize them for you.","tool_calls":[{"id":"25f343991","name":"exec","arguments":{"command":"yt-dlp --write-auto-sub --sub-lang en --skip-download \"https://www.youtube.com/watch?v=Y82q5Lw7_8E\""}}],"thinking":"The user has provided a YouTube link. According to the AGENTS.md rules, I should use yt-dlp to summarize the video and get the auto-generated captions.\n\nLet me use yt-dlp to download the video's captions and then summarize them.","created_at":"2026-07-08T04:28:54.372166Z","finish_reason":"tool_calls","metrics":{"ttft_ms":705,"total_time_ms":999,"input_tokens":5637,"output_tokens":115,"cache_read_tokens":11648,"cache_creation_tokens":null,"tpot_ms":2.5565217391304347,"tokens_per_sec":391.156462585034}},{"message_id":"708ddf29-9bc5-4770-84f0-1ba5788cd976","node_id":28,"role":"tool","content":"Output from command in shell c3e416:\nWARNING: Your yt-dlp version (2025.12.08) is older than 90 days!\n It is strongly recommended to always use the latest version.\n You installed yt-dlp with pip or using the wheel from PyPi; Use that to update.\n To suppress this warning, add --no-update to your command/config.\n[youtube] Extracting URL: https://www.youtube.com/watch?v=Y82q5Lw7_8E\n[youtube] Y82q5Lw7_8E: Downloading webpage\n[youtube] Y82q5Lw7_8E: Downloading tv client config\n[youtube] Y82q5Lw7_8E: Downloading player f551602d-main\n[youtube] Y82q5Lw7_8E: Downloading tv player API JSON\n[youtube] Y82q5Lw7_8E: Downloading android sdkless player API JSON\n[youtube] [jsc:deno] Solving JS challenges using deno\nWARNING: [youtube] [jsc] Remote components challenge solver script (deno) and NPM package (deno) were skipped. These may be required to solve JS challenges. You can enable these downloads with --remote-components ejs:github (recommended) or --remote-components ejs:npm , respectively. For more information and alternatives, refer to https://github.com/yt-dlp/yt-dlp/wiki/EJS\nWARNING: [youtube] Y82q5Lw7_8E: n challenge solving failed: Some formats may be missing. Ensure you have a supported JavaScript runtime and challenge solver script distribution installed. Review any warnings presented before this message. For more details, refer to https://github.com/yt-dlp/yt-dlp/wiki/EJS\n[info] Y82q5Lw7_8E: Downloading subtitles: en\n[info] Y82q5Lw7_8E: Downloading 1 format(s): 139-18\n[info] Writing video subtitles to: The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\n[download] Destination: The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\n\r[download] 1.00KiB at Unknown B/s (00:00:00)\r[download] 3.00KiB at Unknown B/s (00:00:00)\r[download] 7.00KiB at Unknown B/s (00:00:00)\r[download] 15.00KiB at 4.57MiB/s (00:00:00)\r[download] 31.00KiB at 2.22MiB/s (00:00:00)\r[download] 63.00KiB at 2.80MiB/s (00:00:00)\r[download] 127.00KiB at 3.47MiB/s (00:00:00)\r[download] 255.00KiB at 4.71MiB/s (00:00:00)\r[download] 511.00KiB at 6.99MiB/s (00:00:00)\r[download] 851.89KiB at 9.09MiB/s (00:00:00)\r[download] 100% of 851.89KiB in 00:00:00 at 3.22MiB/s\n\n\nExit code: 0","created_at":"2026-07-08T04:28:57.346135Z","finish_reason":null,"metrics":null},{"message_id":"edd5b2fa-4105-4633-bbfa-e193c32d2a14","node_id":30,"role":"assistant","content":"","tool_calls":[{"id":"9d10611f9","name":"read","arguments":{"file_path":"/Users/root1/The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt"}}],"thinking":"Great! The captions have been downloaded to a VTT file. Now I need to read the VTT file and extract the text content to summarize it.","created_at":"2026-07-08T04:28:57.985646Z","finish_reason":"tool_calls","metrics":{"ttft_ms":498,"total_time_ms":638,"input_tokens":914,"output_tokens":64,"cache_read_tokens":17280,"cache_creation_tokens":null,"tpot_ms":2.1875,"tokens_per_sec":457.1428571428571}},{"message_id":"3dd74711-bf20-45f6-8fed-95de4b114758","node_id":31,"role":"tool","content":"\n 1|WEBVTT\n 2|Kind: captions\n 3|Language: en\n 4|\n 5|00:00:00.080 --> 00:00:01.990 align:start position:0%\n 6| \n 7|you<00:00:00.320> can,<00:00:00.560> you<00:00:00.719> know,<00:00:00.880> form<00:00:01.520> billions<00:00:01.839> of\n 8|\n 9|00:00:01.990 --> 00:00:02.000 align:start position:0%\n 10|you can, you know, form billions of\n 11| \n 12|\n 13|00:00:02.000 --> 00:00:04.710 align:start position:0%\n 14|you can, you know, form billions of\n 15|dollars<00:00:02.240> of<00:00:02.399> capital<00:00:03.200> around<00:00:03.760> simply<00:00:04.319> setting\n 16|\n 17|00:00:04.710 --> 00:00:04.720 align:start position:0%\n 18|dollars of capital around simply setting\n 19| \n 20|\n 21|00:00:04.720 --> 00:00:07.030 align:start position:0%\n 22|dollars of capital around simply setting\n 23|a<00:00:04.960> new<00:00:05.120> idea.<00:00:05.600> Every<00:00:05.839> once<00:00:06.080> in<00:00:06.160> a<00:00:06.319> while,\n 24|\n 25|00:00:07.030 --> 00:00:07.040 align:start position:0%\n 26|a new idea. Every once in a while,\n 27| \n 28|\n 29|00:00:07.040 --> 00:00:10.470 align:start position:0%\n 30|a new idea. Every once in a while,\n 31|someone<00:00:07.359> basically<00:00:08.160> crystallizes<00:00:09.360> a<00:00:09.760> notion\n 32|\n 33|00:00:10.470 --> 00:00:10.480 align:start position:0%\n 34|someone basically crystallizes a notion\n 35| \n 36|\n 37|00:00:10.480 --> 00:00:12.950 align:start position:0%\n 38|someone basically crystallizes a notion\n 39|right<00:00:10.639> at<00:00:10.880> the<00:00:11.040> right<00:00:11.200> time<00:00:11.519> in<00:00:11.759> the<00:00:11.920> right<00:00:12.160> way\n 40|\n 41|00:00:12.950 --> 00:00:12.960 align:start position:0%\n 42|right at the right time in the right way\n 43| \n 44|\n 45|00:00:12.960 --> 00:00:15.110 align:start position:0%\n 46|right at the right time in the right way\n 47|that<00:00:13.200> sort<00:00:13.440> of<00:00:13.519> becomes<00:00:13.840> the<00:00:14.160> foundational\n 48|\n 49|00:00:15.110 --> 00:00:15.120 align:start position:0%\n 50|that sort of becomes the foundational\n 51| \n 52|\n 53|00:00:15.120 --> 00:00:18.550 align:start position:0%\n 54|that sort of becomes the foundational\n 55|viewpoint<00:00:15.599> or<00:00:15.920> opinion<00:00:16.400> on<00:00:17.359> a<00:00:17.520> certain<00:00:18.000> era.\n 56|\n 57|00:00:18.550 --> 00:00:18.560 align:start position:0%\n 58|viewpoint or opinion on a certain era.\n 59| \n 60|\n 61|00:00:18.560 --> 00:00:20.470 align:start position:0%\n 62|viewpoint or opinion on a certain era.\n 63|Everyone<00:00:19.039> is<00:00:19.199> a<00:00:19.439> little<00:00:19.600> panicked.<00:00:20.240> They\n 64|\n 65|00:00:20.470 --> 00:00:20.480 align:start position:0%\n 66|Everyone is a little panicked. They\n 67| \n 68|\n 69|00:00:20.480 --> 00:00:22.390 align:start position:0%\n 70|Everyone is a little panicked. They\n 71|don't<00:00:20.560> know<00:00:20.720> what's<00:00:20.960> going<00:00:21.039> on.<00:00:21.760> And<00:00:22.000> someone\n 72|\n 73|00:00:22.390 --> 00:00:22.400 align:start position:0%\n 74|don't know what's going on. And someone\n 75| \n 76|\n 77|00:00:22.400 --> 00:00:24.230 align:start position:0%\n 78|don't know what's going on. And someone\n 79|just<00:00:22.640> needs<00:00:22.800> to<00:00:22.960> sort<00:00:23.119> of<00:00:23.279> set<00:00:23.439> the<00:00:23.680> story<00:00:24.000> and\n 80|\n 81|00:00:24.230 --> 00:00:24.240 align:start position:0%\n 82|just needs to sort of set the story and\n 83| \n 84|\n 85|00:00:24.240 --> 00:00:25.349 align:start position:0%\n 86|just needs to sort of set the story and\n 87|set<00:00:24.400> the<00:00:24.640> narrative.<00:00:24.880> And<00:00:24.960> it<00:00:25.119> doesn't<00:00:25.199> even\n 88|\n 89|00:00:25.349 --> 00:00:25.359 align:start position:0%\n 90|set the narrative. And it doesn't even\n 91| \n 92|\n 93|00:00:25.359 --> 00:00:26.870 align:start position:0%\n 94|set the narrative. And it doesn't even\n 95|have<00:00:25.439> to<00:00:25.600> be<00:00:25.760> right,<00:00:26.080> but<00:00:26.320> there's<00:00:26.560> just<00:00:26.640> a\n 96|\n 97|00:00:26.870 --> 00:00:26.880 align:start position:0%\n 98|have to be right, but there's just a\n 99| \n100|\n101|00:00:26.880 --> 00:00:28.470 align:start position:0%\n102|have to be right, but there's just a\n103|sort<00:00:27.039> of<00:00:27.119> confidence<00:00:27.599> of<00:00:27.760> like<00:00:28.080> this<00:00:28.320> is\n104|\n105|00:00:28.470 --> 00:00:28.480 align:start position:0%\n106|sort of confidence of like this is\n107| \n108|\n109|00:00:28.480 --> 00:00:30.790 align:start position:0%\n110|sort of confidence of like this is\n111|happening.<00:00:29.599> Follow<00:00:29.920> me.<00:00:30.240> Capital<00:00:30.640> just\n112|\n113|00:00:30.790 --> 00:00:30.800 align:start position:0%\n114|happening. Follow me. Capital just\n115| \n116|\n117|00:00:30.800 --> 00:00:32.389 align:start position:0%\n118|happening. Follow me. Capital just\n119|follows<00:00:31.039> the<00:00:31.199> billion<00:00:31.439> dollar<00:00:31.679> PDF<00:00:32.079> around\n120|\n121|00:00:32.389 --> 00:00:32.399 align:start position:0%\n122|follows the billion dollar PDF around\n123| \n124|\n125|00:00:32.399 --> 00:00:44.790 align:start position:0%\n126|follows the billion dollar PDF around\n127|the<00:00:32.559> field.\n128|\n129|00:00:44.790 --> 00:00:44.800 align:start position:0%\n130| \n131| \n132|\n133|00:00:44.800 --> 00:00:46.069 align:start position:0%\n134| \n135|So,<00:00:45.040> we're<00:00:45.200> going<00:00:45.280> to<00:00:45.440> have<00:00:45.520> the<00:00:45.680> chance<00:00:45.840> to\n136|\n137|00:00:46.069 --> 00:00:46.079 align:start position:0%\n138|So, we're going to have the chance to\n139| \n140|\n141|00:00:46.079 --> 00:00:48.630 align:start position:0%\n142|So, we're going to have the chance to\n143|talk<00:00:46.320> about<00:00:46.879> uh<00:00:47.039> as<00:00:47.280> we<00:00:47.440> do<00:00:47.680> on<00:00:47.840> a<00:00:48.079> daily<00:00:48.239> basis,\n144|\n145|00:00:48.630 --> 00:00:48.640 align:start position:0%\n146|talk about uh as we do on a daily basis,\n147| \n148|\n149|00:00:48.640 --> 00:00:52.069 align:start position:0%\n150|talk about uh as we do on a daily basis,\n151|you<00:00:48.800> and<00:00:48.960> I,<00:00:49.440> 57<00:00:50.079> different<00:00:50.480> ideas.<00:00:51.440> But<00:00:51.760> I'm\n152|\n153|00:00:52.069 --> 00:00:52.079 align:start position:0%\n154|you and I, 57 different ideas. But I'm\n155| \n156|\n157|00:00:52.079 --> 00:00:54.950 align:start position:0%\n158|you and I, 57 different ideas. But I'm\n159|always<00:00:52.320> interested<00:00:53.199> to<00:00:53.440> begin<00:00:53.760> with<00:00:53.920> you<00:00:54.719> a\n160|\n161|00:00:54.950 --> 00:00:54.960 align:start position:0%\n162|always interested to begin with you a\n163| \n164|\n165|00:00:54.960 --> 00:00:57.270 align:start position:0%\n166|always interested to begin with you a\n167|couple<00:00:55.199> questions<00:00:55.680> about<00:00:56.000> investing.<00:00:56.879> I<00:00:57.120> sit\n168|\n169|00:00:57.270 --> 00:00:57.280 align:start position:0%\n170|couple questions about investing. I sit\n171| \n172|\n173|00:00:57.280 --> 00:00:59.029 align:start position:0%\n174|couple questions about investing. I sit\n175|near<00:00:57.520> you.<00:00:57.760> We<00:00:57.920> share<00:00:58.079> an<00:00:58.239> office.<00:00:58.559> So,<00:00:58.800> I<00:00:58.960> get\n176|\n177|00:00:59.029 --> 00:00:59.039 align:start position:0%\n178|near you. We share an office. So, I get\n179| \n180|\n181|00:00:59.039 --> 00:01:00.869 align:start position:0%\n182|near you. We share an office. So, I get\n183|to<00:00:59.199> hear<00:00:59.280> a<00:00:59.440> lot<00:00:59.520> of<00:00:59.600> these<00:00:59.840> stories<00:01:00.559> every\n184|\n185|00:01:00.869 --> 00:01:00.879 align:start position:0%\n186|to hear a lot of these stories every\n187| \n188|\n189|00:01:00.879 --> 00:01:03.670 align:start position:0%\n190|to hear a lot of these stories every\n191|day.<00:01:01.920> And<00:01:02.559> I<00:01:02.800> think<00:01:02.879> it<00:01:03.120> would<00:01:03.199> be<00:01:03.359> really<00:01:03.520> fun\n192|\n193|00:01:03.670 --> 00:01:03.680 align:start position:0%\n194|day. And I think it would be really fun\n195| \n196|\n197|00:01:03.680 --> 00:01:05.750 align:start position:0%\n198|day. And I think it would be really fun\n199|for<00:01:03.840> you<00:01:04.000> to<00:01:04.239> turn<00:01:04.559> your<00:01:04.879> observations<00:01:05.519> from\n200|\n201|00:01:05.750 --> 00:01:05.760 align:start position:0%\n202|for you to turn your observations from\n203| \n204|\n205|00:01:05.760 --> 00:01:07.590 align:start position:0%\n206|for you to turn your observations from\n207|all<00:01:06.000> those<00:01:06.400> god<00:01:06.640> knows<00:01:06.799> how<00:01:06.960> many<00:01:07.119> hundreds<00:01:07.439> of\n208|\n209|00:01:07.590 --> 00:01:07.600 align:start position:0%\n210|all those god knows how many hundreds of\n211| \n212|\n213|00:01:07.600 --> 00:01:10.070 align:start position:0%\n214|all those god knows how many hundreds of\n215|conversations<00:01:08.560> with<00:01:08.880> founders<00:01:09.600> of<00:01:09.840> these\n216|\n217|00:01:10.070 --> 00:01:10.080 align:start position:0%\n218|conversations with founders of these\n219| \n220|\n221|00:01:10.080 --> 00:01:12.070 align:start position:0%\n222|conversations with founders of these\n223|companies<00:01:10.720> and<00:01:10.960> with<00:01:11.119> the<00:01:11.280> capital<00:01:11.680> that<00:01:11.920> has\n224|\n225|00:01:12.070 --> 00:01:12.080 align:start position:0%\n226|companies and with the capital that has\n227| \n228|\n229|00:01:12.080 --> 00:01:14.390 align:start position:0%\n230|companies and with the capital that has\n231|backed<00:01:12.320> them<00:01:12.479> in<00:01:12.640> the<00:01:12.799> past<00:01:13.520> to<00:01:13.760> sort<00:01:13.920> of<00:01:14.080> share\n232|\n233|00:01:14.390 --> 00:01:14.400 align:start position:0%\n234|backed them in the past to sort of share\n235| \n236|\n237|00:01:14.400 --> 00:01:17.190 align:start position:0%\n238|backed them in the past to sort of share\n239|what<00:01:14.640> you've<00:01:14.880> learned<00:01:16.000> from<00:01:16.240> that<00:01:16.560> frontier\n240|\n241|00:01:17.190 --> 00:01:17.200 align:start position:0%\n242|what you've learned from that frontier\n243| \n244|\n245|00:01:17.200 --> 00:01:19.590 align:start position:0%\n246|what you've learned from that frontier\n247|over<00:01:17.439> the<00:01:17.600> last<00:01:17.759> 18<00:01:18.080> months<00:01:18.720> framed<00:01:19.119> as<00:01:19.280> advice\n248|\n249|00:01:19.590 --> 00:01:19.600 align:start position:0%\n250|over the last 18 months framed as advice\n251| \n252|\n253|00:01:19.600 --> 00:01:21.990 align:start position:0%\n254|over the last 18 months framed as advice\n255|for<00:01:19.840> founders<00:01:20.320> and<00:01:20.640> advice<00:01:20.960> for<00:01:21.280> capital\n256|\n257|00:01:21.990 --> 00:01:22.000 align:start position:0%\n258|for founders and advice for capital\n259| \n260|\n261|00:01:22.000 --> 00:01:23.510 align:start position:0%\n262|for founders and advice for capital\n263|because<00:01:22.240> I<00:01:22.400> I<00:01:22.720> just<00:01:22.880> don't<00:01:22.960> know<00:01:23.119> very<00:01:23.360> many\n264|\n265|00:01:23.510 --> 00:01:23.520 align:start position:0%\n266|because I I just don't know very many\n267| \n268|\n269|00:01:23.520 --> 00:01:25.190 align:start position:0%\n270|because I I just don't know very many\n271|investors<00:01:23.920> that<00:01:24.159> are<00:01:24.320> looking<00:01:24.560> at<00:01:24.799> situations\n272|\n273|00:01:25.190 --> 00:01:25.200 align:start position:0%\n274|investors that are looking at situations\n275| \n276|\n277|00:01:25.200 --> 00:01:27.350 align:start position:0%\n278|investors that are looking at situations\n279|like<00:01:25.360> you<00:01:25.520> are<00:01:25.680> with<00:01:25.920> such<00:01:26.000> a<00:01:26.159> high<00:01:26.320> rep<00:01:26.640> count.\n280|\n281|00:01:27.350 --> 00:01:27.360 align:start position:0%\n282|like you are with such a high rep count.\n283| \n284|\n285|00:01:27.360 --> 00:01:29.030 align:start position:0%\n286|like you are with such a high rep count.\n287|So,<00:01:27.680> what<00:01:27.840> have<00:01:28.000> you<00:01:28.159> learned<00:01:28.479> in<00:01:28.720> the<00:01:28.880> first\n288|\n289|00:01:29.030 --> 00:01:29.040 align:start position:0%\n290|So, what have you learned in the first\n291| \n292|\n293|00:01:29.040 --> 00:01:30.310 align:start position:0%\n294|So, what have you learned in the first\n295|18<00:01:29.360> months<00:01:29.520> of<00:01:29.680> doing<00:01:29.840> this?<00:01:30.080> I've\n296|\n297|00:01:30.310 --> 00:01:30.320 align:start position:0%\n298|18 months of doing this? I've\n299| \n300|\n301|00:01:30.320 --> 00:01:31.910 align:start position:0%\n302|18 months of doing this? I've\n303|>> learned<00:01:30.479> a<00:01:30.560> lot.<00:01:30.799> You<00:01:30.960> really<00:01:31.200> realize<00:01:31.520> in\n304|\n305|00:01:31.910 --> 00:01:31.920 align:start position:0%\n306|>> learned a lot. You really realize in\n307| \n308|\n309|00:01:31.920 --> 00:01:34.390 align:start position:0%\n310|>> learned a lot. You really realize in\n311|let's<00:01:32.159> say<00:01:32.400> long-term<00:01:33.280> private<00:01:33.680> markets<00:01:34.079> that\n312|\n313|00:01:34.390 --> 00:01:34.400 align:start position:0%\n314|let's say long-term private markets that\n315| \n316|\n317|00:01:34.400 --> 00:01:38.550 align:start position:0%\n318|let's say long-term private markets that\n319|the<00:01:34.720> great<00:01:35.040> filter<00:01:36.000> so<00:01:36.159> to<00:01:36.320> speak<00:01:36.720> for<00:01:37.360> funds\n320|\n321|00:01:38.550 --> 00:01:38.560 align:start position:0%\n322|the great filter so to speak for funds\n323| \n324|\n325|00:01:38.560 --> 00:01:41.590 align:start position:0%\n326|the great filter so to speak for funds\n327|is<00:01:39.360> their<00:01:39.920> storytelling<00:01:40.799> ability\n328|\n329|00:01:41.590 --> 00:01:41.600 align:start position:0%\n330|is their storytelling ability\n331| \n332|\n333|00:01:41.600 --> 00:01:43.510 align:start position:0%\n334|is their storytelling ability\n335|fundamentally<00:01:42.400> because<00:01:42.880> you<00:01:43.040> know<00:01:43.200> their\n336|\n337|00:01:43.510 --> 00:01:43.520 align:start position:0%\n338|fundamentally because you know their\n339| \n340|\n341|00:01:43.520 --> 00:01:45.670 align:start position:0%\n342|fundamentally because you know their\n343|product<00:01:44.000> which<00:01:44.240> is<00:01:44.479> like<00:01:44.799> realized<00:01:45.360> cash\n344|\n345|00:01:45.670 --> 00:01:45.680 align:start position:0%\n346|product which is like realized cash\n347| \n348|\n349|00:01:45.680 --> 00:01:49.910 align:start position:0%\n350|product which is like realized cash\n351|returns<00:01:46.720> take<00:01:46.960> a<00:01:47.119> decade.<00:01:48.159> And<00:01:48.399> so<00:01:49.360> the<00:01:49.759> thing\n352|\n353|00:01:49.910 --> 00:01:49.920 align:start position:0%\n354|returns take a decade. And so the thing\n355| \n356|\n357|00:01:49.920 --> 00:01:52.310 align:start position:0%\n358|returns take a decade. And so the thing\n359|that<00:01:50.240> you're<00:01:50.560> selling<00:01:50.880> in<00:01:51.040> the<00:01:51.200> interim,\n360|\n361|00:01:52.310 --> 00:01:52.320 align:start position:0%\n362|that you're selling in the interim,\n363| \n364|\n365|00:01:52.320 --> 00:01:53.510 align:start position:0%\n366|that you're selling in the interim,\n367|whether<00:01:52.560> it's<00:01:52.799> through,<00:01:53.200> you<00:01:53.280> know,<00:01:53.360> a\n368|\n369|00:01:53.510 --> 00:01:53.520 align:start position:0%\n370|whether it's through, you know, a\n371| \n372|\n373|00:01:53.520 --> 00:01:55.990 align:start position:0%\n374|whether it's through, you know, a\n375|quarterly<00:01:53.920> update<00:01:54.399> or<00:01:54.880> your<00:01:55.200> event<00:01:55.520> or<00:01:55.759> just\n376|\n377|00:01:55.990 --> 00:01:56.000 align:start position:0%\n378|quarterly update or your event or just\n379| \n380|\n381|00:01:56.000 --> 00:01:57.270 align:start position:0%\n382|quarterly update or your event or just\n383|your<00:01:56.159> one-on-one<00:01:56.640> conversations<00:01:57.040> with<00:01:57.119> your\n384|\n385|00:01:57.270 --> 00:01:57.280 align:start position:0%\n386|your one-on-one conversations with your\n387| \n388|\n389|00:01:57.280 --> 00:01:58.870 align:start position:0%\n390|your one-on-one conversations with your\n391|LPs<00:01:57.680> or<00:01:57.759> whatever,<00:01:58.240> is<00:01:58.399> really<00:01:58.640> just\n392|\n393|00:01:58.870 --> 00:01:58.880 align:start position:0%\n394|LPs or whatever, is really just\n395| \n396|\n397|00:01:58.880 --> 00:02:00.789 align:start position:0%\n398|LPs or whatever, is really just\n399|narrative.<00:01:59.600> A<00:01:59.840> particular<00:02:00.159> situation<00:02:00.560> that's\n400|\n401|00:02:00.789 --> 00:02:00.799 align:start position:0%\n402|narrative. A particular situation that's\n403| \n404|\n405|00:02:00.799 --> 00:02:02.789 align:start position:0%\n406|narrative. A particular situation that's\n407|very<00:02:01.040> interesting<00:02:01.600> that<00:02:02.079> we've<00:02:02.399> seen<00:02:02.479> a<00:02:02.719> lot\n408|\n409|00:02:02.789 --> 00:02:02.799 align:start position:0%\n410|very interesting that we've seen a lot\n411| \n412|\n413|00:02:02.799 --> 00:02:05.590 align:start position:0%\n414|very interesting that we've seen a lot\n415|of<00:02:02.960> is<00:02:03.600> twofold.<00:02:04.240> One<00:02:04.479> is<00:02:04.719> that<00:02:04.880> the<00:02:05.119> business\n416|\n417|00:02:05.590 --> 00:02:05.600 align:start position:0%\n418|of is twofold. One is that the business\n419| \n420|\n421|00:02:05.600 --> 00:02:09.190 align:start position:0%\n422|of is twofold. One is that the business\n423|is<00:02:07.040> kind<00:02:07.280> of<00:02:07.439> old<00:02:08.080> but<00:02:08.399> has<00:02:08.560> started<00:02:08.800> to<00:02:09.039> do\n424|\n425|00:02:09.190 --> 00:02:09.200 align:start position:0%\n426|is kind of old but has started to do\n427| \n428|\n429|00:02:09.200 --> 00:02:10.949 align:start position:0%\n430|is kind of old but has started to do\n431|well<00:02:09.440> recently.<00:02:10.319> That's<00:02:10.560> an<00:02:10.720> interesting\n432|\n433|00:02:10.949 --> 00:02:10.959 align:start position:0%\n434|well recently. That's an interesting\n435| \n436|\n437|00:02:10.959 --> 00:02:12.710 align:start position:0%\n438|well recently. That's an interesting\n439|scenario<00:02:11.520> because<00:02:12.000> it's<00:02:12.239> one<00:02:12.400> of<00:02:12.400> these\n440|\n441|00:02:12.710 --> 00:02:12.720 align:start position:0%\n442|scenario because it's one of these\n443| \n444|\n445|00:02:12.720 --> 00:02:14.550 align:start position:0%\n446|scenario because it's one of these\n447|instances<00:02:13.200> where<00:02:13.760> merely<00:02:14.080> because<00:02:14.400> the\n448|\n449|00:02:14.550 --> 00:02:14.560 align:start position:0%\n450|instances where merely because the\n451| \n452|\n453|00:02:14.560 --> 00:02:15.750 align:start position:0%\n454|instances where merely because the\n455|company,<00:02:14.720> the<00:02:14.959> story<00:02:15.200> again,<00:02:15.360> the<00:02:15.599> narrative\n456|\n457|00:02:15.750 --> 00:02:15.760 align:start position:0%\n458|company, the story again, the narrative\n459| \n460|\n461|00:02:15.760 --> 00:02:17.510 align:start position:0%\n462|company, the story again, the narrative\n","created_at":"2026-07-08T04:28:58.026259Z","finish_reason":null,"metrics":null},{"message_id":"32414341-9e71-4ace-815a-c32e876af3af","node_id":33,"role":"assistant","content":"Let me extract the plain text from the VTT file more efficiently:","tool_calls":[{"id":"d7341aba6","name":"exec","arguments":{"command":"sed 's/<[^>]*>//g; s/^[0-9]*$//; /^WEBVTT/d; /^Kind:/d; /^Language:/d; /^[0-9][0-9]:[0-9][0-9]:[0-9][0-9]/d; /^-->/d; /^$/d' \"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\" | tr '\\n' ' ' | fold -s"}}],"thinking":"The VTT file is quite long with a lot of formatting. Let me extract the text content more efficiently by using a simple approach to get the plain text from the VTT file. I'll use a shell command to extract just the text content without the timestamps and formatting.","created_at":"2026-07-08T04:28:59.292689Z","finish_reason":"tool_calls","metrics":{"ttft_ms":777,"total_time_ms":1265,"input_tokens":10130,"output_tokens":185,"cache_read_tokens":18176,"cache_creation_tokens":null,"tpot_ms":2.637837837837838,"tokens_per_sec":379.09836065573774}},{"message_id":"39f87e11-8988-4340-8db0-291801b47902","node_id":34,"role":"tool","content":"Output from command in shell c17202:\n you can, you know, form billions of you can, you know, form billions of you \ncan, you know, form billions of dollars of capital around simply setting \ndollars of capital around simply setting dollars of capital around simply \nsetting a new idea. Every once in a while, a new idea. Every once in a while, \na new idea. Every once in a while, someone basically crystallizes a notion \nsomeone basically crystallizes a notion someone basically crystallizes a \nnotion right at the right time in the right way right at the right time in the \nright way right at the right time in the right way that sort of becomes the \nfoundational that sort of becomes the foundational that sort of becomes the \nfoundational viewpoint or opinion on a certain era. viewpoint or opinion on a \ncertain era. viewpoint or opinion on a certain era. Everyone is a little \npanicked. They Everyone is a little panicked. They Everyone is a little \npanicked. They don't know what's going on. And someone don't know what's going \non. And someone don't know what's going on. And someone just needs to sort of \nset the story and just needs to sort of set the story and just needs to sort \nof set the story and set the narrative. And it doesn't even set the narrative. \nAnd it doesn't even set the narrative. And it doesn't even have to be right, \nbut there's just a have to be right, but there's just a have to be right, but \nthere's just a sort of confidence of like this is sort of confidence of like \nthis is sort of confidence of like this is happening. Follow me. Capital just \nhappening. Follow me. Capital just happening. Follow me. Capital just follows \nthe billion dollar PDF around follows the billion dollar PDF around follows \nthe billion dollar PDF around the field. So, we're going to have the \nchance to So, we're going to have the chance to So, we're going to have the \nchance to talk about uh as we do on a daily basis, talk about uh as we do on a \ndaily basis, talk about uh as we do on a daily basis, you and I, 57 different \nideas. But I'm you and I, 57 different ideas. But I'm you and I, 57 different \nideas. But I'm always interested to begin with you a always interested to begin \nwith you a always interested to begin with you a couple questions about \ninvesting. I sit couple questions about investing. I sit couple questions \nabout investing. I sit near you. We share an office. So, I get near you. We \nshare an office. So, I get near you. We share an office. So, I get to hear a \nlot of these stories every to hear a lot of these stories every to hear a lot \nof these stories every day. And I think it would be really fun day. And I think \nit would be really fun day. And I think it would be really fun for you to \nturn your observations from for you to turn your observations from for you to \nturn your observations from all those god knows how many hundreds of all those \ngod knows how many hundreds of all those god knows how many hundreds of \nconversations with founders of these conversations with founders of these \nconversations with founders of these companies and with the capital that has \ncompanies and with the capital that has companies and with the capital that \nhas backed them in the past to sort of share backed them in the past to sort of \nshare backed them in the past to sort of share what you've learned from that \nfrontier what you've learned from that frontier what you've learned from that \nfrontier over the last 18 months framed as advice over the last 18 months \nframed as advice over the last 18 months framed as advice for founders and \nadvice for capital for founders and advice for capital for founders and \nadvice for capital because I I just don't know very many because I I just don't \nknow very many because I I just don't know very many investors that are \nlooking at situations investors that are looking at situations investors that \nare looking at situations like you are with such a high rep count. like you are \nwith such a high rep count. like you are with such a high rep count. So, what \nhave you learned in the first So, what have you learned in the first So, what \nhave you learned in the first 18 months of doing this? I've 18 months of doing \nthis? I've 18 months of doing this? I've >> learned a lot. You really \nrealize in >> learned a lot. You really realize in >> learned a \nlot. You really realize in let's say long-term private markets that let's say \nlong-term private markets that let's say long-term private markets that the \ngreat filter so to speak for funds the great filter so to speak for funds the \ngreat filter so to speak for funds is their storytelling ability is their \nstorytelling ability is their storytelling ability fundamentally because you \nknow their fundamentally because you know their fundamentally because you \nknow their product which is like realized cash product which is like realized \ncash product which is like realized cash returns take a decade. And so the \nthing returns take a decade. And so the thing returns take a decade. And so \nthe thing that you're selling in the interim, that you're selling in the \ninterim, that you're selling in the interim, whether it's through, you know, \na whether it's through, you know, a whether it's through, you know, a \nquarterly update or your event or just quarterly update or your event or just \nquarterly update or your event or just your one-on-one conversations with your \nyour one-on-one conversations with your your one-on-one conversations with \nyour LPs or whatever, is really just LPs or whatever, is really just LPs or \nwhatever, is really just narrative. A particular situation that's narrative. A \nparticular situation that's narrative. A particular situation that's very \ninteresting that we've seen a lot very interesting that we've seen a lot very \ninteresting that we've seen a lot of is twofold. One is that the business of is \ntwofold. One is that the business of is twofold. One is that the business is \nkind of old but has started to do is kind of old but has started to do is \nkind of old but has started to do well recently. That's an interesting well \nrecently. That's an interesting well recently. That's an interesting scenario \nbecause it's one of these scenario because it's one of these scenario because \nit's one of these instances where merely because the instances where merely \nbecause the instances where merely because the company, the story again, the \nnarrative company, the story again, the narrative company, the story again, \nthe narrative of the company is that it's 7 years old. of the company is that \nit's 7 years old. of the company is that it's 7 years old. Let's say the \ncompany has really started Let's say the company has really started Let's say \nthe company has really started to inflect. Maybe it's because of AI or to \ninflect. Maybe it's because of AI or to inflect. Maybe it's because of AI or \nmaybe it's because of something else, maybe it's because of something else, \nmaybe it's because of something else, but they're six or seven years into but \nthey're six or seven years into but they're six or seven years into their \nlife. It's very difficult for their life. It's very difficult for their life. \nIt's very difficult for those companies to get funding because those companies \nto get funding because those companies to get funding because the story is \nwell, okay, fine. You grew the story is well, okay, fine. You grew the story \nis well, okay, fine. You grew 200% last year, but you know, you're 200% last \nyear, but you know, you're 200% last year, but you know, you're only on in \nabsolute terms, you're only only on in absolute terms, you're only only on in \nabsolute terms, you're only at 8 million of revenue and you're 7 at 8 million \nof revenue and you're 7 at 8 million of revenue and you're 7 years in. \nWhereas I think literally if years in. Whereas I think literally if years in. \nWhereas I think literally if you just changed the name and told a you just \nchanged the name and told a you just changed the name and told a different \nstory and just you know sort different story and just you know sort different \nstory and just you know sort of arbitrarily started the clock two of \narbitrarily started the clock two of arbitrarily started the clock two years \nago um you that company would years ago um you that company would years ago \num you that company would actually be like really hot and so like actually be \nlike really hot and so like actually be like really hot and so like that's an \ninteresting situation. The fix that's an interesting situation. The fix \nthat's an interesting situation. The fix I think is just to be more flexible on \nI think is just to be more flexible on I think is just to be more flexible on \nnarrative and story. sort of a narrative and story. sort of a narrative and \nstory. sort of a derivative of that problem is just the derivative of that \nproblem is just the derivative of that problem is just the amount of \nbusinesses where they're in a amount of businesses where they're in a amount \nof businesses where they're in a spot where it's kind of working, things spot \nwhere it's kind of working, things spot where it's kind of working, things \nare starting to go well, but they're are starting to go well, but they're are \nstarting to go well, but they're faced with three choices, which is faced with \nthree choices, which is faced with three choices, which is basically they're \nnot going to raise a basically they're not going to raise a basically they're \nnot going to raise a significant up round. And so really, significant up round. \nAnd so really, significant up round. And so really, they're staring down a \nbridge round uh they're staring down a bridge round uh they're staring down a \nbridge round uh strategic like M&A acquire or cutting to strategic like \nM&A acquire or cutting to strategic like M&A acquire or cutting to \nprofitability. And those are just really profitability. And those are just \nreally profitability. And those are just really hard situations. If you're in \nthat hard situations. If you're in that hard situations. If you're in that \nsituation, I think um that's where you situation, I think um that's where you \nsituation, I think um that's where you really want to get creative with the cap \nreally want to get creative with the cap really want to get creative with the \ncap table. And if you have some cash, buy table. And if you have some cash, buy \n table. And if you have some cash, buy back your investors, convert everyone \nto back your investors, convert everyone to back your investors, convert \neveryone to common, really start to spend more time common, really start to \nspend more time common, really start to spend more time on the cap table \nbecause otherwise like on the cap table because otherwise like on the cap \ntable because otherwise like I've been shocked at sort of how hostile I've been \nshocked at sort of how hostile I've been shocked at sort of how hostile \ninsider bridge rounds really are. I insider bridge rounds really are. I \ninsider bridge rounds really are. I think this is like an underdised part of \nthink this is like an underdised part of think this is like an underdised \npart of venture. venture. venture. >> Calo >> Calo >> \nCalo >> just they have like you know 3x >> just they have like you \nknow 3x >> just they have like you know 3x liquidation preferences or \nwarrants or liquidation preferences or warrants or liquidation preferences or \nwarrants or ratchets or other things. Um there ratchets or other things. Um \nthere ratchets or other things. Um there there's sort of this like \ninteresting there's sort of this like interesting there's sort of this like \ninteresting idea that if you're extractive to the idea that if you're \nextractive to the idea that if you're extractive to the downside, everyone \nsort of booze you. downside, everyone sort of booze you. downside, everyone \nsort of booze you. But if you're extractive for the upside But if you're \nextractive for the upside But if you're extractive for the upside where you \nsay, you know, I want the where you say, you know, I want the where you say, \nyou know, I want the right to invest at the same price in 2 right to invest at \nthe same price in 2 right to invest at the same price in 2 years from now. \nUm, they're both like years from now. Um, they're both like years from now. \nUm, they're both like similarly extractive, but because one is similarly \nextractive, but because one is similarly extractive, but because one is like \nan optimistic extractive, everyone like an optimistic extractive, everyone \nlike an optimistic extractive, everyone loves that one. loves that one. loves \nthat one. >> So, what advice would you give to >> So, what advice \nwould you give to >> So, what advice would you give to founders in \nthinking about their cap founders in thinking about their cap founders in \nthinking about their cap table from the start? table from the start? table \nfrom the start? >> We're obviously in a highly volatile, >> We're \nobviously in a highly volatile, >> We're obviously in a highly \nvolatile, highly uncertain period right now. No highly uncertain period right \nnow. No highly uncertain period right now. No one knows if it's the death of \nsoftware. one knows if it's the death of software. one knows if it's the \ndeath of software. I think it's, you know, certainly the I think it's, you \nknow, certainly the I think it's, you know, certainly the most unprecedented \nand uncertain time most unprecedented and uncertain time most unprecedented \nand uncertain time since at least like the transition of since at least like \nthe transition of since at least like the transition of the internet. And so \nI think what you the internet. And so I think what you the internet. And so I \nthink what you want in that time is the is a lot of want in that time is the is \na lot of want in that time is the is a lot of optionality and the ability to \nbe nimble optionality and the ability to be nimble optionality and the \nability to be nimble and the ability to really be able to do and the ability to \nreally be able to do and the ability to really be able to do what is right \nfor the business and not what is right for the business and not what is right \nfor the business and not be constrained by the cap table. And so be constrained \nby the cap table. And so be constrained by the cap table. And so you know \nmaybe your business needs to you know maybe your business needs to you know \nmaybe your business needs to become a service a services business. become a \nservice a services business. become a service a services business. Maybe you \nneed to acquire other Maybe you need to acquire other Maybe you need to \nacquire other companies. Maybe you need to run companies. Maybe you need to run \n companies. Maybe you need to run profitably for a while. You know maybe \nprofitably for a while. You know maybe profitably for a while. You know maybe \nyou need to change your whole business you need to change your whole business \nyou need to change your whole business model. maybe like you know if per seat \nmodel. maybe like you know if per seat model. maybe like you know if per seat \npricing uh goes away you need to pivot pricing uh goes away you need to pivot \npricing uh goes away you need to pivot to usage maybe you need to fire a bunch \nto usage maybe you need to fire a bunch to usage maybe you need to fire a \nbunch of your customers and so I think like of your customers and so I think \nlike of your customers and so I think like you know in in volatile times it's \nyou know in in volatile times it's you know in in volatile times it's always \nuseful to have optionality and so always useful to have optionality and so \nalways useful to have optionality and so I think like I guess the general piece \nI think like I guess the general piece I think like I guess the general piece \nof advice is just unless you're certain of advice is just unless you're certain \n of advice is just unless you're certain that you want to just like try this \none that you want to just like try this one that you want to just like try \nthis one thing and it's going to be huge or zero thing and it's going to be \nhuge or zero thing and it's going to be huge or zero you should think about \noptionality which you should think about optionality which you should think \nabout optionality which usually means raising less raising from usually means \nraising less raising from usually means raising less raising from investors \nwith a wider mandate um not investors with a wider mandate um not investors \nwith a wider mandate um not getting stuck in all these weird getting stuck in \nall these weird getting stuck in all these weird problems where you need to \ncontinue to problems where you need to continue to problems where you need to \ncontinue to raise more money and if you don't it's raise more money and if you \ndon't it's raise more money and if you don't it's bad for employees it's bad \nfor bad for employees it's bad for bad for employees it's bad for recruiting \nuh people's options get recruiting uh people's options get recruiting uh \npeople's options get underwater they start to leave like all underwater they \nstart to leave like all underwater they start to leave like all those things \nsort of reduce optionality those things sort of reduce optionality those \nthings sort of reduce optionality it's funny cuz in general I think like it's \nfunny cuz in general I think like it's funny cuz in general I think like \ncommitment is a much better strategy commitment is a much better strategy \ncommitment is a much better strategy than optionality but I think in highly \nthan optionality but I think in highly than optionality but I think in highly \nvolatile times where it's hard to tell volatile times where it's hard to tell \nvolatile times where it's hard to tell the future you basically just want to \nthe future you basically just want to the future you basically just want to \ncontrol for being able to like be super control for being able to like be super \n control for being able to like be super nimble turn on a dime do what you \nwant nimble turn on a dime do what you want nimble turn on a dime do what you \nwant not be constrained by like well we're not be constrained by like well \nwe're not be constrained by like well we're set up our capital is set up in \nsuch a set up our capital is set up in such a set up our capital is set up in \nsuch a way that we can really only do this one way that we can really only do \nthis one way that we can really only do this one thing which is also true for \ninvestors thing which is also true for investors thing which is also true for \ninvestors by the way they're same problem. by the way they're same problem. \nby the way they're same problem. >> Going back to the investors and the \n>> Going back to the investors and the >> Going back to the \ninvestors and the construction of an effective narrative construction of an \neffective narrative construction of an effective narrative for building an \ninvesting firm before for building an investing firm before for building an \ninvesting firm before you've delivered the 10-year investment you've delivered \nthe 10-year investment you've delivered the 10-year investment returns or \nwhatever, you have this great returns or whatever, you have this great \nreturns or whatever, you have this great idea called the billion-dollar PDF. \nCan idea called the billion-dollar PDF. Can idea called the billion-d… (6 chars truncated)\n… (3181 lines truncated)\nso like I think the more you can do statements think the more you can … (3 chars truncated)\nstatements think the more you can do statements like that where they like get \nthis sort like that where they like get this sort like that where they like \nget this sort of reaction is great. Uh, and you sort of reaction is great. Uh, \nand you sort of reaction is great. Uh, and you sort of like do all like \nimagine what you of like do all like imagine what you of like do all like \nimagine what you would have to do in an interview to like would have to do in \nan interview to like would have to do in an interview to like get at all of \nthose various traits. Um, get at all of those various traits. Um, get at all \nof those various traits. Um, and so yeah, statements like that I and so yeah, \nstatements like that I and so yeah, statements like that I think are are very \nmuch underutilized in think are are very much underutilized in think are are \nvery much underutilized in these job descriptions. these job descriptions. \nthese job descriptions. >> It's a cool idea baking the interview >> \nIt's a cool idea baking the interview >> It's a cool idea baking the \ninterview into the job post itself. It seems to me into the job post itself. It \nseems to me into the job post itself. It seems to me like an underrated area \nof inquiry today like an underrated area of inquiry today like an underrated \narea of inquiry today that I know you're interested in is the that I know \nyou're interested in is the that I know you're interested in is the cultural \nand intellectual traditions cultural and intellectual traditions cultural and \nintellectual traditions behind major movements. And I think that behind major \nmovements. And I think that behind major movements. And I think that that has \ncertainly been true in this that has certainly been true in this that has \ncertainly been true in this wave of technology. wave of technology. wave of \ntechnology. And it's not something I see talked And it's not something I see \ntalked And it's not something I see talked about, written about very much. \nAnd I'd about, written about very much. And I'd about, written about very \nmuch. And I'd love you to just riff on your love you to just riff on your \nlove you to just riff on your interpretation of the key uh sets of \ninterpretation of the key uh sets of interpretation of the key uh sets of \nbeliefs behind the people and the beliefs behind the people and the beliefs \nbehind the people and the institutions that are ushering in the institutions \nthat are ushering in the institutions that are ushering in the biggest wave \nof technology change that biggest wave of technology change that biggest wave \nof technology change that we've probably ever seen. we've probably ever seen. \nwe've probably ever seen. >> I'm interested in mispricings in >> \nI'm interested in mispricings in >> I'm interested in mispricings in \nqualities and attributes. uh about qualities and attributes. uh about \nqualities and attributes. uh about things and people and places. I don't things \nand people and places. I don't things and people and places. I don't know if \nthis has always been true, but know if this has always been true, but know if \nthis has always been true, but it's true today. I think there's some uh it's \ntrue today. I think there's some uh it's true today. I think there's some uh \nqualities and attributes that are, you qualities and attributes that are, you \nqualities and attributes that are, you know, widely recognized and priced know, \nwidely recognized and priced know, widely recognized and priced efficiently, \nlet's say. Um height, IQ, efficiently, let's say. Um height, IQ, efficiently, \nlet's say. Um height, IQ, resume, etc. And then there's other resume, etc. And \nthen there's other resume, etc. And then there's other traits and \ncharacteristics that um we traits and characteristics that um we traits and \ncharacteristics that um we have just decided collectively not to have just \ndecided collectively not to have just decided collectively not to price for \nSilicon Valley. people sort of price for Silicon Valley. people sort of price \nfor Silicon Valley. people sort of underrate underrate underrate the \nphilosophers and thinkers and um the philosophers and thinkers and um the \nphilosophers and thinkers and um sort of like mimemetic ideas that sort of like \nmimemetic ideas that sort of like mimemetic ideas that underpin the whole \nthing. I think there underpin the whole thing. I think there underpin the \nwhole thing. I think there is a real philosophy that some sort of is a real \nphilosophy that some sort of is a real philosophy that some sort of like neo \nBuddhist utilitarianism like neo Buddhist utilitarianism like neo Buddhist \nutilitarianism uh that underlies the like technological uh that underlies the \nlike technological uh that underlies the like technological developments in \nSilicon Valley. And it's developments in Silicon Valley. And it's \ndevelopments in Silicon Valley. And it's interesting because you see it like \nWill interesting because you see it like Will interesting because you see it \nlike Will Massel uh gets involved with SPF and Massel uh gets involved with SPF \nand Massel uh gets involved with SPF and FTX. there's these sort of thinkers \nlike FTX. there's these sort of thinkers like FTX. there's these sort of \nthinkers like Nick Land um that are their sort of Nick Land um that are their \nsort of Nick Land um that are their sort of ideas percolate underneath the \nsurface ideas percolate underneath the surface ideas percolate underneath the \nsurface in the valley and are influential in in the valley and are influential \nin in the valley and are influential in everyone but are not necessarily \nnamed. everyone but are not necessarily named. everyone but are not \nnecessarily named. I mean now they have been. Um you could I mean now they have \nbeen. Um you could I mean now they have been. Um you could say the same thing \nabout Curtis Yarvin. say the same thing about Curtis Yarvin. say the same \nthing about Curtis Yarvin. I thought it was remarkable for years I thought it \nwas remarkable for years I thought it was remarkable for years how you could \nsort of hear Curtis's how you could sort of hear Curtis's how you could sort \nof hear Curtis's ideas coming out of the mouth of mouths ideas coming out of \nthe mouth of mouths ideas coming out of the mouth of mouths of the the big \ntech leaders without of the the big tech leaders without of the the big tech \nleaders without being named. There's things like being named. There's things \nlike being named. There's things like leverage research and all these \nleverage research and all these leverage research and all these intellectual \ncharacters that I think you intellectual characters that I think you \nintellectual characters that I think you know in the same way that I think um \nuh know in the same way that I think um uh know in the same way that I think \num uh people's religious beliefs are generally people's religious beliefs are \ngenerally people's religious beliefs are generally underrated by secular \npeople in terms of underrated by secular people in terms of underrated by \nsecular people in terms of how important that is as a guiding how important \nthat is as a guiding how important that is as a guiding light. I think uh in \nthe valley in the light. I think uh in the valley in the light. I think uh in \nthe valley in the development of these technologies these development of these \ntechnologies these development of these technologies these sorts of cultural \nand philosophical sorts of cultural and philosophical sorts of cultural and \nphilosophical ideas are underrated like the you know ideas are underrated like \nthe you know ideas are underrated like the you know like it or not the models \nare highly like it or not the models are highly like it or not the models are \nhighly utilitarian. They have this weird mix of utilitarian. They have this \nweird mix of utilitarian. They have this weird mix of religious ideas from \nfrom Judaism, from religious ideas from from Judaism, from religious ideas \nfrom from Judaism, from Buddhism, um, and this sort of like Buddhism, um, and \nthis sort of like Buddhism, um, and this sort of like utilitarian bent that \nturns into effect utilitarian bent that turns into effect utilitarian bent \nthat turns into effect of altruism and and you know, people of altruism and and \nyou know, people of altruism and and you know, people sort of think like, \nokay, like you know, sort of think like, okay, like you know, sort of think \nlike, okay, like you know, this is just cultural whatever, but it this is just \ncultural whatever, but it this is just cultural whatever, but it it these \nthings matter. And it just it these things matter. And it just it these \nthings matter. And it just feels to me that this whole cultural feels to me \nthat this whole cultural feels to me that this whole cultural epicenter has \nbeen highly underrated in epicenter has been highly underrated in epicenter \nhas been highly underrated in general and informing general and informing \ngeneral and informing um why these things get built and what um why these \nthings get built and what um why these things get built and what the world \nviews inherent in them are. the world views inherent in them are. the world \nviews inherent in them are. and what the inherent worldviews are in and what \nthe inherent worldviews are in and what the inherent worldviews are in the \npeople who build them. It almost the people who build them. It almost the \npeople who build them. It almost feels to me that um that was Wall Street feels \nto me that um that was Wall Street feels to me that um that was Wall Street \nin the 80s was sort of vain uh almost in the 80s was sort of vain uh almost \nin the 80s was sort of vain uh almost pagan the strong and the beautiful or \npagan the strong and the beautiful or pagan the strong and the beautiful or \nwhat's most important. There's a what's most important. There's a what's most \nimportant. There's a hedonistic aspect to it. There's an hedonistic aspect to \nit. There's an hedonistic aspect to it. There's an openness that it's a \nlittle bit nihilist openness that it's a little bit nihilist openness that \nit's a little bit nihilist because it's all just about getting because it's all \njust about getting because it's all just about getting money. It's not the \nsame notion. And I money. It's not the same notion. And I money. It's not the \nsame notion. And I think at the crux of that is that think at the crux of that \nis that think at the crux of that is that technology views itself as totally \ntechnology views itself as totally technology views itself as totally \nself-righteous which is that like the self-righteous which is that like the \nself-righteous which is that like the thing that they are building it's not \nthing that they are building it's not thing that they are building it's not \nnakedly sindriven or driven out of a nakedly sindriven or driven out of a \nnakedly sindriven or driven out of a greed or ambition. It's driven out of \ngreed or ambition. It's driven out of greed or ambition. It's driven out of \nthis you know nominally altruistic idea this you know nominally altruistic idea \n this you know nominally altruistic idea of no we're building this thing this \nof no we're building this thing this of no we're building this thing this \nproducts that the whole world uses. It's products that the whole world uses. \nIt's products that the whole world uses. It's it's positive some um which is \ntrue on it's positive some um which is true on it's positive some um which is \ntrue on the surface but I do think that it's the surface but I do think that \nit's the surface but I do think that it's almost it's almost pathological to \nthe almost it's almost pathological to the almost it's almost pathological to \nthe point where there's no recognition of point where there's no recognition of \n point where there's no recognition of all the other factors. It's almost sort \nall the other factors. It's almost sort all the other factors. It's almost \nsort of shadowesque. Um, and there's none of of shadowesque. Um, and there's \nnone of of shadowesque. Um, and there's none of this notion of like, well, if \nyou work this notion of like, well, if you work this notion of like, well, if \nyou work in finance, you sort of need to try you in finance, you sort of need \nto try you in finance, you sort of need to try you need to translate the \ngains from finance need to translate the gains from finance need to translate \nthe gains from finance into something worthy into into art, into something \nworthy into into art, into something worthy into into art, into architecture, \ninto philanthropy, into architecture, into philanthropy, into architecture, \ninto philanthropy, into just culture in general, or into into just culture in \ngeneral, or into into just culture in general, or into the place that you \nlive. None of that the place that you live. None of that the place that you \nlive. None of that exists because I think tech views itself exists because I \nthink tech views itself exists because I think tech views itself as, you \nknow, the the ultimate as, you know, the the ultimate as, you know, the the \nultimate philanthropy is is the business that philanthropy is is the business \nthat philanthropy is is the business that you're building. I don't think \nSilicon you're building. I don't think Silicon you're building. I don't think \nSilicon Valley today has the same sort of Valley today has the same sort of \nValley today has the same sort of reflexive reflexive reflexive need to \njustify or document or even need to justify or document or even need to \njustify or document or even launder sort of what they're doing launder sort of \nwhat they're doing launder sort of what they're doing through, you know, \nthrough going to book through, you know, through going to book through, you \nknow, through going to book parties and and and arts and and all parties and \nand and arts and and all parties and and and arts and and all this sort of \nstuff. Um, and I think it's this sort of stuff. Um, and I think it's this \nsort of stuff. Um, and I think it's like this interesting this interesting like \nthis interesting this interesting like this interesting this interesting \ndifference and I I wish that more people difference and I I wish that more \npeople difference and I I wish that more people would um try and document \nthis stuff would um try and document this stuff would um try and document \nthis stuff because it's all there. all the crazy because it's all there. all \nthe crazy because it's all there. all the crazy all the sex, drugs and rock \nand roll is all the sex, drugs and rock and roll is all the sex, drugs and \nrock and roll is there in its own sort of like nerdy there in its own sort of \nlike nerdy there in its own sort of like nerdy autistic way and the culture \nagain I autistic way and the culture again I autistic way and the culture \nagain I think culture is just like vastly think culture is just like vastly \nthink culture is just like vastly underrated and and religious beliefs \nunderrated and and religious beliefs underrated and and religious beliefs \nwhether literally religious or sort of whether literally religious or sort of \nwhether literally religious or sort of pseudo religious but but but filling \npseudo religious but but but filling pseudo religious but but but filling \nthat void that void that void >> as always when we talk I wish we had \n>> as always when we talk I wish we had >> as always when we talk \nI wish we had three more hours. Thanks for doing this three more hours. Thanks \nfor doing this three more hours. Thanks for doing this with me again. Thanks \nfor your time. with me again. Thanks for your time. with me again. Thanks for \nyour time. >> Thanks for having me. >> You know how small \nadvantages compound >> You know how small advantages compound >> \nYou know how small advantages compound over time? That's true in investing and \nover time? That's true in investing and over time? That's true in investing \nand just as true in how you run your just as true in how you run your just as \ntrue in how you run your company. Your spending system is your company. Your \nspending system is your company. Your spending system is your capital \nallocation strategy. RAMP makes capital allocation strategy. RAMP makes \ncapital allocation strategy. RAMP makes it smarter by default. Better data, it \nsmarter by default. Better data, it smarter by default. Better data, better \ndecisions, better economics over better decisions, better economics over \nbetter decisions, better economics over time. See how at ramp.com/invest. time. \nSee how at ramp.com/invest. time. See how at ramp.com/invest. As your \nbusiness grows, Vanta scales As your business grows, Vanta scales As your \nbusiness grows, Vanta scales with you, automating compliance and with you, \nautomating compliance and with you, automating compliance and giving you a \nsingle source of truth for giving you a single source of truth for giving you \na single source of truth for security and risk. Learn more at security and \nrisk. Learn more at security and risk. Learn more at vant.com/invest. \nvant.com/invest. vant.com/invest. The best AI and software companies from The \nbest AI and software companies from The best AI and software companies from \nOpenAI to cursor to perplexity use work OpenAI to cursor to perplexity use work \n OpenAI to cursor to perplexity use work OS to become enterprise ready \novernight, OS to become enterprise ready overnight, OS to become enterprise \nready overnight, not in months. Visit workos.com to skip not in months. Visit \nworkos.com to skip not in months. Visit workos.com to skip the unglamorous \ninfrastructure work and the unglamorous infrastructure work and the \nunglamorous infrastructure work and focus on your product. Ridgeline is focus \non your product. Ridgeline is focus on your product. Ridgeline is redefining \nasset management technology redefining asset management technology redefining \nasset management technology as a true partner, not just a software as a true \npartner, not just a software as a true partner, not just a software vendor. \nThey've helped firms 5x and vendor. They've helped firms 5x and vendor. \nThey've helped firms 5x and scale, enabling faster growth, smarter scale, \nenabling faster growth, smarter scale, enabling faster growth, smarter \noperations, and a competitive edge. operations, and a competitive edge. \noperations, and a competitive edge. Visit ridgelineapps.com to see what they \nVisit ridgelineapps.com to see what they Visit ridgelineapps.com to see what \nthey can unlock for your firm. Every can unlock for your firm. Every can \nunlock for your firm. Every investment firm is unique, and generic investment \nfirm is unique, and generic investment firm is unique, and generic AI doesn't \nunderstand your process. Rogo AI doesn't understand your process. Rogo AI \ndoesn't understand your process. Rogo does. It's an AI platform built does. \nIt's an AI platform built does. It's an AI platform built specifically for \nWall Street, connected specifically for Wall Street, connected specifically \nfor Wall Street, connected to your data, understanding your to your data, \nunderstanding your to your data, understanding your process, and producing \nreal outputs. process, and producing real outputs. process, and producing \nreal outputs. Check them out at rogo.ai/invest. \n\nExit code: 0\n\nFull output written to: /var/folders/d9/mzhyr7lx6xbf236j5ll9v_300000gn/T/devin-overflows-501/3ac5e3d7/content.txt\n","created_at":"2026-07-08T04:28:59.386430Z","finish_reason":null,"metrics":null},{"message_id":"c5c300b0-b98a-470a-ac48-c3a20a36d9fa","node_id":36,"role":"assistant","content":"Let me use Python to properly extract and clean the caption text:","tool_calls":[{"id":"ad6525e0e","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n content = f.read()\n\n# Remove VTT headers and timestamps\nlines = content.split('\\n')\nclean_lines = []\nfor line in lines:\n # Skip headers and timestamps\n if line.strip() in ['', 'WEBVTT', 'Kind: captions', 'Language: en']:\n continue\n if re.match(r'\\d{2}:\\d{2}:\\d{2}\\.\\d{3} --> \\d{2}:\\d{2}:\\d{2}\\.\\d{3}', line):\n continue\n if re.match(r'^\\d+$', line.strip()):\n continue\n # Remove HTML tags\n line = re.sub(r'<[^>]+>', '', line)\n if line.strip():\n clean_lines.append(line.strip())\n\n# Join the text\ntext = ' '.join(clean_lines)\nprint(text)\nEOF"}}],"thinking":"The text is still quite messy with duplicates. Let me try a different approach to get cleaner text from the VTT file. I'll use Python to properly parse the VTT file and extract just the caption text.","created_at":"2026-07-08T04:29:03.033326Z","finish_reason":"tool_calls","metrics":{"ttft_ms":1002,"total_time_ms":1544,"input_tokens":9464,"output_tokens":283,"cache_read_tokens":28288,"cache_creation_tokens":null,"tpot_ms":1.9151943462897527,"tokens_per_sec":522.140221402214}},{"message_id":"5338afad-4ad4-4fce-99ce-c09000fa9f55","node_id":37,"role":"tool","content":"Output from command in shell 6e811f:\nyou can, you know, form billions of you can, you know, form billions of you can, you know, form billions of dollars of capital around simply setting dollars of capital around simply setting dollars of capital around simply setting a new idea. Every once in a while, a new idea. Every once in a while, a new idea. Every once in a while, someone basically crystallizes a notion someone basically crystallizes a notion someone basically crystallizes a notion right at the right time in the right way right at the right time in the right way right at the right time in the right way that sort of becomes the foundational that sort of becomes the foundational that sort of becomes the foundational viewpoint or opinion on a certain era. viewpoint or opinion on a certain era. viewpoint or opinion on a certain era. Everyone is a little panicked. They Everyone is a little panicked. They Everyone is a little panicked. They don't know what's going on. And someone don't know what's going on. And someone don't know what's going on. And someone just needs to sort of set the story and just needs to sort of set the story and just needs to sort of set the story and set the narrative. And it doesn't even set the narrative. And it doesn't even set the narrative. And it doesn't even have to be right, but there's just a have to be right, but there's just a have to be right, but there's just a sort of confidence of like this is sort of confidence of like this is sort of confidence of like this is happening. Follow me. Capital just happening. Follow me. Capital just happening. Follow me. Capital just follows the billion dollar PDF around follows the billion dollar PDF around follows the billion dollar PDF around the field. So, we're going to have the chance to So, we're going to have the chance to So, we're going to have the chance to talk about uh as we do on a daily basis, talk about uh as we do on a daily basis, talk about uh as we do on a daily basis, you and I, 57 different ideas. But I'm you and I, 57 different ideas. But I'm you and I, 57 different ideas. But I'm always interested to begin with you a always interested to begin with you a always interested to begin with you a couple questions about investing. I sit couple questions about investing. I sit couple questions about investing. I sit near you. We share an office. So, I get near you. We share an office. So, I get near you. We share an office. So, I get to hear a lot of these stories every to hear a lot of these stories every to hear a lot of these stories every day. And I think it would be really fun day. And I think it would be really fun day. And I think it would be really fun for you to turn your observations from for you to turn your observations from for you to turn your observations from all those god knows how many hundreds of all those god knows how many hundreds of all those god knows how many hundreds of conversations with founders of these conversations with founders of these conversations with founders of these companies and with the capital that has companies and with the capital that has companies and with the capital that has backed them in the past to sort of share backed them in the past to sort of share backed them in the past to sort of share what you've learned from that frontier what you've learned from that frontier what you've learned from that frontier over the last 18 months framed as advice over the last 18 months framed as advice over the last 18 months framed as advice for founders and advice for capital for founders and advice for capital for founders and advice for capital because I I just don't know very many because I I just don't know very many because I I just don't know very many investors that are looking at situations investors that are looking at situations investors that are looking at situations like you are with such a high rep count. like you are with such a high rep count. like you are with such a high rep count. So, what have you learned in the first So, what have you learned in the first So, what have you learned in the first 18 months of doing this? I've 18 months of doing this? I've 18 months of doing this? I've >> learned a lot. You really realize in >> learned a lot. You really realize in >> learned a lot. You really realize in let's say long-term private markets that let's say long-term private markets that let's say long-term private markets that the great filter so to speak for funds the great filter so to speak for funds the great filter so to speak for funds is their storytelling ability is their storytelling ability is their storytelling ability fundamentally because you know their fundamentally because you know their fundamentally because you know their product which is like realized cash product which is like realized cash product which is like realized cash returns take a decade. And so the thing returns take a decade. And so the thing returns take a decade. And so the thing that you're selling in the interim, that you're selling in the interim, that you're selling in the interim, whether it's through, you know, a whether it's through, you know, a whether it's through, you know, a quarterly update or your event or just quarterly update or your event or just quarterly update or your event or just your one-on-one conversations with your your one-on-one conversations with your your one-on-one conversations with your LPs or whatever, is really just LPs or whatever, is really just LPs or whatever, is really just narrative. A particular situation that's narrative. A particular situation that's narrative. A particular situation that's very interesting that we've seen a lot very interesting that we've seen a lot very interesting that we've seen a lot of is twofold. One is that the business of is twofold. One is that the business of is twofold. One is that the business is kind of old but has started to do is kind of old but has started to do is kind of old but has started to do well recently. That's an interesting well recently. That's an interesting well recently. That's an interesting scenario because it's one of these scenario because it's one of these scenario because it's one of these instances where merely because the instances where merely because the instances where merely because the company, the story again, the narrative company, the story again, the narrative company, the story again, the narrative of the company is that it's 7 years old. of the company is that it's 7 years old. of the company is that it's 7 years old. Let's say the company has really started Let's say the company has really started Let's say the company has really started to inflect. Maybe it's because of AI or to inflect. Maybe it's because of AI or to inflect. Maybe it's because of AI or maybe it's because of something else, maybe it's because of something else, maybe it's because of something else, but they're six or seven years into but they're six or seven years into but they're six or seven years into their life. It's very difficult for their life. It's very difficult for their life. It's very difficult for those companies to get funding because those companies to get funding because those companies to get funding because the story is well, okay, fine. You grew the story is well, okay, fine. You grew the story is well, okay, fine. You grew 200% last year, but you know, you're 200% last year, but you know, you're 200% last year, but you know, you're only on in absolute terms, you're only only on in absolute terms, you're only only on in absolute terms, you're only at 8 million of revenue and you're 7 at 8 million of revenue and you're 7 at 8 million of revenue and you're 7 years in. Whereas I think literally if years in. Whereas I think literally if years in. Whereas I think literally if you just changed the name and told a you just changed the name and told a you just changed the name and told a different story and just you know sort different story and just you know sort different story and just you know sort of arbitrarily started the clock two of arbitrarily started the clock two of arbitrarily started the clock two years ago um you that company would years ago um you that company would years ago um you that company would actually be like really hot and so like actually be like really hot and so like actually be like really hot and so like that's an interesting situation. The fix that's an interesting situation. The fix that's an interesting situation. The fix I think is just to be more flexible on I think is just to be more flexible on I think is just to be more flexible on narrative and story. sort of a narrative and story. sort of a narrative and story. sort of a derivative of that problem is just the derivative of that problem is just the derivative of that problem is just the amount of businesses where they're in a amount of businesses where they're in a amount of businesses where they're in a spot where it's kind of working, things spot where it's kind of working, things spot where it's kind of working, things are starting to go well, but they're are starting to go well, but they're are starting to go well, but they're faced with three choices, which is faced with three choices, which is faced with three choices, which is basically they're not going to raise a basically they're not going to raise a basically they're not going to raise a significant up round. And so really, significant up round. And so really, significant up round. And so really, they're staring down a bridge round uh they're staring down a bridge round uh they're staring down a bridge round uh strategic like M&A acquire or cutting to strategic like M&A acquire or cutting to strategic like M&A acquire or cutting to profitability. And those are just really profitability. And those are just really profitability. And those are just really hard situations. If you're in that hard situations. If you're in that hard situations. If you're in that situation, I think um that's where you situation, I think um that's where you situation, I think um that's where you really want to get creative with the cap really want to get creative with the cap really want to get creative with the cap table. And if you have some cash, buy table. And if you have some cash, buy table. And if you have some cash, buy back your investors, convert everyone to back your investors, convert everyone to back your investors, convert everyone to common, really start to spend more time common, really start to spend more time common, really start to spend more time on the cap table because otherwise like on the cap table because otherwise like on the cap table because otherwise like I've been shocked at sort of how hostile I've been shocked at sort of how hostile I've been shocked at sort of how hostile insider bridge rounds really are. I insider bridge rounds really are. I insider bridge rounds really are. I think this is like an underdised part of think this is like an underdised part of think this is like an underdised part of venture. venture. venture. >> Calo >> Calo >> Calo >> just they have like you know 3x >> just they have like you know 3x >> just they have like you know 3x liquidation preferences or warrants or liquidation preferences or warrants or liquidation preferences or warrants or ratchets or other things. Um there ratchets or other things. Um there ratchets or other things. Um there there's sort of this like interesting there's sort of this like interesting there's sort of this like interesting idea that if you're extractive to the idea that if you're extractive to the idea that if you're extractive to the downside, everyone sort of booze you. downside, everyone sort of booze you. downside, everyone sort of booze you. But if you're extractive for the upside But if you're extractive for the upside But if you're extractive for the upside where you say, you know, I want the where you say, you know, I want the where you say, you know, I want the right to invest at the same price in 2 right to invest at the same price in 2 right to invest at the same price in 2 years from now. Um, they're both like years from now. Um, they're both like years from now. Um, they're both like similarly extractive, but because one is similarly extractive, but because one is similarly extractive, but because one is like an optimistic extractive, everyone like an optimistic extractive, everyone like an optimistic extractive, everyone loves that one. loves that one. loves that one. >> So, what advice would you give to >> So, what advice would you give to >> So, what advice would you give to founders in thinking about their cap founders in thinking about their cap founders in thinking about their cap table from the start? table from the start? table from the start? >> We're obviously in a highly volatile, >> We're obviously in a highly volatile, >> We're obviously in a highly volatile, highly uncertain period right now. No highly uncertain period right now. No highly uncertain period right now. No one knows if it's the death of software. one knows if it's the death of software. one knows if it's the death of software. I think it's, you know, certainly the I think it's, you know, certainly the I think it's, you know, certainly the most unprecedented and uncertain time most unprecedented and uncertain time most unprecedented and uncertain time since at least like the transition of since at least like the transition of since at least like the transition of the internet. And so I think what you the internet. And so I think what you the internet. And so I think what you want in that time is the is a lot of want in that time is the is a lot of want in that time is the is a lot of optionality and the ability to be nimble optionality and the ability to be nimble optionality and the ability to be nimble and the ability to really be able to do and the ability to really be able to do and the ability to really be able to do what is right for the business and not what is right for the business and not what is right for the business and not be constrained by the cap table. And so be constrained by the cap table. And so be constrained by the cap table. And so you know maybe your business needs to you know maybe your business needs to you know maybe your business needs to become a service a services business. become a service a services business. become a service a services business. Maybe you need to acquire other Maybe you need to acquire other Maybe you need to acquire other companies. Maybe you need to run companies. Maybe you need to run companies. Maybe you need to run profitably for a while. You know maybe profitably for a while. You know maybe profitably for a while. You know maybe you need to change your whole business you need to change your whole business you need to change your whole business model. maybe like you know if per seat model. maybe like you know if per seat model. maybe like you know if per seat pricing uh goes away you need to pivot pricing uh goes away you need to pivot pricing uh goes away you need to pivot to usage maybe you need to fire a bunch to usage maybe you need to fire a bunch to usage maybe you need to fire a bunch of your customers and so I think like of your customers and so I think like of your customers and so I think like you know in in volatile times it's you know in in volatile times it's you know in in volatile times it's always useful to have optionality and so always useful to have optionality and so always useful to have optionality and so I think like I guess the general piece I think like I guess the general piece I think like I guess the general piece of advice is just unless you're certain of advice is just unless you're certain of advice is just unless you're certain that you want to just like try this one that you want to just like try this one that you want to just like try this one thing and it's going to be huge or zero thing and it's going to be huge or zero thing and it's going to be huge or zero you should think about optionality which you should think about optionality which you should think about optionality which usually means raising less raising from usually means raising less raising from usually means raising less raising from investors with a wider mandate um not investors with a wider mandate um not investors with a wider mandate um not getting stuck in all these weird getting stuck in all these weird getting stuck in all these weird problems where you need to continue to problems where you need to continue to problems where you need to continue to raise more money and if you don't it's raise more money and if you don't it's raise more money and if you don't it's bad for employees it's bad for bad for employees it's bad for bad for employees it's bad for recruiting uh people's options get recruiting uh people's options get recruiting uh people's options get underwater they start to leave like all underwater they start to leave like all underwater they start to leave like all those things sort of reduce optionality those things sort of reduce optionality those things sort of reduce optionality it's funny cuz in general I think like it's funny cuz in general I think like it's funny cuz in general I think like commitment is a much better strategy commitment is a much better strategy commitment is a much better strategy than optionality but I think in highly than optionality but I think in highly than optionality but I think in highly volatile times where it's hard to tell volatile times where it's hard to tell volatile times where it's hard to tell the future you basically just want to the future you basically just want to the future you basically just want to control for being able to like be super control for being able to like be super control for being able to like be super nimble turn on a dime do what you want nimble turn on a dime do what you want nimble turn on a dime do what you want not be constrained by like well we're not be constrained by like well we're not be constrained by like well we're set up our capital is set up in such a set up our capital is set up in such a set up our capital is set up in such a way that we can really only do this one way that we can really only do this one way that we can really only do this one thing which is also true for investors thing which is also true for investors thing which is also true for investors by the way they're same problem. by the way they're same problem. by the way they're same problem. >> Going back to the investors and the >> Going back to the investors and the >> Going back to the investors and the construction of an effective narrative construction of an effective narrative construction of an effective narrative for building an investing firm before for building an investing firm before for building an investing firm before you've delivered the 10-year investment you've delivered the 10-year investment you've delivered the 10-year investment returns or whatever, you have this great returns or whatever, you have this great returns or whatever, you have this great idea called the billion-dollar PDF. Can idea called the billion-dollar PDF. Can idea called the billion-dollar PDF. Can you describe what you mean by that and you describe what you mean by that and you describe what you mean by that and what the interesting components of a what the interesting components of a what the interesting components of a billion dollar PDF tend to be? This is billion dollar PDF tend to be? This is billion dollar PDF tend to be? This is sort of an idea that you and I came up sort of an idea that you and I came up sort of an idea that you and I came up with in a joking way that like kind of with in a joking way that like kind of with in a joking way that like kind of turned … (261040 chars truncated)\n\nExit code: 0\n\nFull output written to: /var/folders/d9/mzhyr7lx6xbf236j5ll9v_300000gn/T/devin-overflows-501/ea86bafa/content.txt\n","created_at":"2026-07-08T04:29:03.101336Z","finish_reason":null,"metrics":null},{"message_id":"3e838348-5c7a-4ac2-9559-f6e23cce9a97","node_id":39,"role":"assistant","content":"Let me try a cleaner approach by extracting unique lines only:","tool_calls":[{"id":"bed0c6cf6","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n content = f.read()\n\n# Parse VTT properly\nlines = content.split('\\n')\nseen_texts = set()\nunique_lines = []\n\ncurrent_text = \"\"\nfor line in lines:\n # Skip headers and timestamps\n if line.strip() in ['', 'WEBVTT', 'Kind: captions', 'Language: en']:\n continue\n if re.match(r'\\d{2}:\\d{2}:\\d{2}\\.\\d{3} --> \\d{2}:\\d{2}:\\d{2}\\.\\d{3}', line):\n # Save previous text if exists\n if current_text.strip():\n if current_text.strip() not in seen_texts:\n seen_texts.add(current_text.strip())\n unique_lines.append(current_text.strip())\n current_text = \"\"\n continue\n if re.match(r'^\\d+$', line.strip()):\n continue\n # Remove HTML tags and append to current text\n clean_line = re.sub(r'<[^>]+>', '', line)\n if clean_line.strip():\n current_text += \" \" + clean_line.strip()\n\n# Don't forget the last text\nif current_text.strip() and current_text.strip() not in seen_texts:\n unique_lines.append(current_text.strip())\n\n# Join the text\ntext = ' '.join(unique_lines)\nprint(text[:5000]) # Print first 5000 chars to see if it's better\nEOF"}}],"thinking":"The text is still very repetitive because the VTT file has multiple lines with the same text at different timestamps. Let me try a different approach - I'll look at the structure of the VTT file more carefully and try to extract unique lines only.","created_at":"2026-07-08T04:29:04.443416Z","finish_reason":"tool_calls","metrics":{"ttft_ms":779,"total_time_ms":1341,"input_tokens":4760,"output_tokens":401,"cache_read_tokens":37632,"cache_creation_tokens":null,"tpot_ms":1.401496259351621,"tokens_per_sec":713.5231316725979}},{"message_id":"aab47c4d-0448-4450-b4ad-ee074c368235","node_id":40,"role":"tool","content":"Output from command in shell 3cc056:\nyou can, you know, form billions of you can, you know, form billions of dollars of capital around simply setting dollars of capital around simply setting dollars of capital around simply setting a new idea. Every once in a while, a new idea. Every once in a while, a new idea. Every once in a while, someone basically crystallizes a notion someone basically crystallizes a notion someone basically crystallizes a notion right at the right time in the right way right at the right time in the right way right at the right time in the right way that sort of becomes the foundational that sort of becomes the foundational that sort of becomes the foundational viewpoint or opinion on a certain era. viewpoint or opinion on a certain era. viewpoint or opinion on a certain era. Everyone is a little panicked. They Everyone is a little panicked. They Everyone is a little panicked. They don't know what's going on. And someone don't know what's going on. And someone don't know what's going on. And someone just needs to sort of set the story and just needs to sort of set the story and just needs to sort of set the story and set the narrative. And it doesn't even set the narrative. And it doesn't even set the narrative. And it doesn't even have to be right, but there's just a have to be right, but there's just a have to be right, but there's just a sort of confidence of like this is sort of confidence of like this is sort of confidence of like this is happening. Follow me. Capital just happening. Follow me. Capital just happening. Follow me. Capital just follows the billion dollar PDF around follows the billion dollar PDF around follows the billion dollar PDF around the field. So, we're going to have the chance to So, we're going to have the chance to talk about uh as we do on a daily basis, talk about uh as we do on a daily basis, talk about uh as we do on a daily basis, you and I, 57 different ideas. But I'm you and I, 57 different ideas. But I'm you and I, 57 different ideas. But I'm always interested to begin with you a always interested to begin with you a always interested to begin with you a couple questions about investing. I sit couple questions about investing. I sit couple questions about investing. I sit near you. We share an office. So, I get near you. We share an office. So, I get near you. We share an office. So, I get to hear a lot of these stories every to hear a lot of these stories every to hear a lot of these stories every day. And I think it would be really fun day. And I think it would be really fun day. And I think it would be really fun for you to turn your observations from for you to turn your observations from for you to turn your observations from all those god knows how many hundreds of all those god knows how many hundreds of all those god knows how many hundreds of conversations with founders of these conversations with founders of these conversations with founders of these companies and with the capital that has companies and with the capital that has companies and with the capital that has backed them in the past to sort of share backed them in the past to sort of share backed them in the past to sort of share what you've learned from that frontier what you've learned from that frontier what you've learned from that frontier over the last 18 months framed as advice over the last 18 months framed as advice over the last 18 months framed as advice for founders and advice for capital for founders and advice for capital for founders and advice for capital because I I just don't know very many because I I just don't know very many because I I just don't know very many investors that are looking at situations investors that are looking at situations investors that are looking at situations like you are with such a high rep count. like you are with such a high rep count. like you are with such a high rep count. So, what have you learned in the first So, what have you learned in the first So, what have you learned in the first 18 months of doing this? I've 18 months of doing this? I've 18 months of doing this? I've >> learned a lot. You really realize in >> learned a lot. You really realize in >> learned a lot. You really realize in let's say long-term private markets that let's say long-term private markets that let's say long-term private markets that the great filter so to speak for funds the great filter so to speak for funds the great filter so to speak for funds is their storytelling ability is their storytelling ability is their storytelling ability fundamentally because you know their fundamentally because you know their fundamentally because you know their product which is like realized cash product which is like realized cash product which is like realized cash returns take a decade. And so the thing returns take a decade. And so the thing returns take a decade. And so the thing that you're selling in the interim, that you're selling in the interim, that you're selling in the\n\n\nExit code: 0","created_at":"2026-07-08T04:29:04.499174Z","finish_reason":null,"metrics":null},{"message_id":"2426e8f5-18e2-4a6c-a005-1df6dcab9676","node_id":42,"role":"assistant","content":"Let me try a different approach to properly parse the VTT structure:","tool_calls":[{"id":"2af3a946e","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n content = f.read()\n\n# Split by timestamp lines\nblocks = re.split(r'\\n\\d{2}:\\d{2}:\\d{2}\\.\\d{3} --> \\d{2}:\\d{2}:\\d{2}\\.\\d{3}', content)\n\nclean_texts = []\nfor block in blocks:\n # Remove HTML tags and clean\n text = re.sub(r'<[^>]+>', '', block)\n text = re.sub(r'\\n', ' ', text)\n text = re.sub(r'\\s+', ' ', text)\n # Remove headers and empty\n if text.strip() and not text.strip().startswith('WEBVTT') and not text.strip().startswith('Kind:') and not text.strip().startswith('Language:'):\n # Remove standalone numbers\n text = re.sub(r'^\\d+\\s*', '', text.strip())\n if text.strip():\n clean_texts.append(text.strip())\n\n# Join all texts\nfull_text = ' '.join(clean_texts)\nprint(full_text[:8000])\nEOF"}}],"thinking":"The issue is that the VTT file has the same text repeated multiple times within the same timestamp block. Let me try a different approach - I'll look at the actual VTT structure and extract text more carefully, treating each timestamp block as a single unit.","created_at":"2026-07-08T04:29:06.311578Z","finish_reason":"tool_calls","metrics":{"ttft_ms":1159,"total_time_ms":1811,"input_tokens":1502,"output_tokens":330,"cache_read_tokens":42368,"cache_creation_tokens":null,"tpot_ms":1.9757575757575758,"tokens_per_sec":506.13496932515335}},{"message_id":"d5f37e84-f12c-4dd4-9f65-c4bf4511d0ec","node_id":43,"role":"tool","content":"Output from command in shell 69a7f1:\nalign:start position:0% you can, you know, form billions of align:start position:0% you can, you know, form billions of align:start position:0% you can, you know, form billions of dollars of capital around simply setting align:start position:0% dollars of capital around simply setting align:start position:0% dollars of capital around simply setting a new idea. Every once in a while, align:start position:0% a new idea. Every once in a while, align:start position:0% a new idea. Every once in a while, someone basically crystallizes a notion align:start position:0% someone basically crystallizes a notion align:start position:0% someone basically crystallizes a notion right at the right time in the right way align:start position:0% right at the right time in the right way align:start position:0% right at the right time in the right way that sort of becomes the foundational align:start position:0% that sort of becomes the foundational align:start position:0% that sort of becomes the foundational viewpoint or opinion on a certain era. align:start position:0% viewpoint or opinion on a certain era. align:start position:0% viewpoint or opinion on a certain era. Everyone is a little panicked. They align:start position:0% Everyone is a little panicked. They align:start position:0% Everyone is a little panicked. They don't know what's going on. And someone align:start position:0% don't know what's going on. And someone align:start position:0% don't know what's going on. And someone just needs to sort of set the story and align:start position:0% just needs to sort of set the story and align:start position:0% just needs to sort of set the story and set the narrative. And it doesn't even align:start position:0% set the narrative. And it doesn't even align:start position:0% set the narrative. And it doesn't even have to be right, but there's just a align:start position:0% have to be right, but there's just a align:start position:0% have to be right, but there's just a sort of confidence of like this is align:start position:0% sort of confidence of like this is align:start position:0% sort of confidence of like this is happening. Follow me. Capital just align:start position:0% happening. Follow me. Capital just align:start position:0% happening. Follow me. Capital just follows the billion dollar PDF around align:start position:0% follows the billion dollar PDF around align:start position:0% follows the billion dollar PDF around the field. align:start position:0% align:start position:0% So, we're going to have the chance to align:start position:0% So, we're going to have the chance to align:start position:0% So, we're going to have the chance to talk about uh as we do on a daily basis, align:start position:0% talk about uh as we do on a daily basis, align:start position:0% talk about uh as we do on a daily basis, you and I, 57 different ideas. But I'm align:start position:0% you and I, 57 different ideas. But I'm align:start position:0% you and I, 57 different ideas. But I'm always interested to begin with you a align:start position:0% always interested to begin with you a align:start position:0% always interested to begin with you a couple questions about investing. I sit align:start position:0% couple questions about investing. I sit align:start position:0% couple questions about investing. I sit near you. We share an office. So, I get align:start position:0% near you. We share an office. So, I get align:start position:0% near you. We share an office. So, I get to hear a lot of these stories every align:start position:0% to hear a lot of these stories every align:start position:0% to hear a lot of these stories every day. And I think it would be really fun align:start position:0% day. And I think it would be really fun align:start position:0% day. And I think it would be really fun for you to turn your observations from align:start position:0% for you to turn your observations from align:start position:0% for you to turn your observations from all those god knows how many hundreds of align:start position:0% all those god knows how many hundreds of align:start position:0% all those god knows how many hundreds of conversations with founders of these align:start position:0% conversations with founders of these align:start position:0% conversations with founders of these companies and with the capital that has align:start position:0% companies and with the capital that has align:start position:0% companies and with the capital that has backed them in the past to sort of share align:start position:0% backed them in the past to sort of share align:start position:0% backed them in the past to sort of share what you've learned from that frontier align:start position:0% what you've learned from that frontier align:start position:0% what you've learned from that frontier over the last 18 months framed as advice align:start position:0% over the last 18 months framed as advice align:start position:0% over the last 18 months framed as advice for founders and advice for capital align:start position:0% for founders and advice for capital align:start position:0% for founders and advice for capital because I I just don't know very many align:start position:0% because I I just don't know very many align:start position:0% because I I just don't know very many investors that are looking at situations align:start position:0% investors that are looking at situations align:start position:0% investors that are looking at situations like you are with such a high rep count. align:start position:0% like you are with such a high rep count. align:start position:0% like you are with such a high rep count. So, what have you learned in the first align:start position:0% So, what have you learned in the first align:start position:0% So, what have you learned in the first 18 months of doing this? I've align:start position:0% 18 months of doing this? I've align:start position:0% 18 months of doing this? I've >> learned a lot. You really realize in align:start position:0% >> learned a lot. You really realize in align:start position:0% >> learned a lot. You really realize in let's say long-term private markets that align:start position:0% let's say long-term private markets that align:start position:0% let's say long-term private markets that the great filter so to speak for funds align:start position:0% the great filter so to speak for funds align:start position:0% the great filter so to speak for funds is their storytelling ability align:start position:0% is their storytelling ability align:start position:0% is their storytelling ability fundamentally because you know their align:start position:0% fundamentally because you know their align:start position:0% fundamentally because you know their product which is like realized cash align:start position:0% product which is like realized cash align:start position:0% product which is like realized cash returns take a decade. And so the thing align:start position:0% returns take a decade. And so the thing align:start position:0% returns take a decade. And so the thing that you're selling in the interim, align:start position:0% that you're selling in the interim, align:start position:0% that you're selling in the interim, whether it's through, you know, a align:start position:0% whether it's through, you know, a align:start position:0% whether it's through, you know, a quarterly update or your event or just align:start position:0% quarterly update or your event or just align:start position:0% quarterly update or your event or just your one-on-one conversations with your align:start position:0% your one-on-one conversations with your align:start position:0% your one-on-one conversations with your LPs or whatever, is really just align:start position:0% LPs or whatever, is really just align:start position:0% LPs or whatever, is really just narrative. A particular situation that's align:start position:0% narrative. A particular situation that's\n\n\nExit code: 0","created_at":"2026-07-08T04:29:06.391773Z","finish_reason":null,"metrics":null},{"message_id":"bc8dcd2d-aad4-4463-bfdc-a1fc226ff2b5","node_id":45,"role":"assistant","content":"Let me try a simpler approach by taking every 10th line to reduce repetition:","tool_calls":[{"id":"9d1dbe73d","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n lines = f.readlines()\n\n# Filter and clean lines\nclean_lines = []\nfor i, line in enumerate(lines):\n # Skip headers and metadata\n if 'WEBVTT' in line or 'Kind:' in line or 'Language:' in line:\n continue\n # Skip timestamp lines\n if re.match(r'\\d{2}:\\d{2}:\\d{2}\\.\\d{3}', line):\n continue\n # Skip standalone numbers\n if line.strip().isdigit():\n continue\n # Skip empty lines\n if not line.strip():\n continue\n # Remove HTML tags\n clean_line = re.sub(r'<[^>]+>', '', line)\n if clean_line.strip():\n clean_lines.append(clean_line.strip())\n\n# Take every 8th line to reduce repetition\nsampled_lines = clean_lines[::8]\ntext = ' '.join(sampled_lines)\nprint(text)\nEOF"}}],"thinking":"The VTT file has a lot of repetition due to the way captions are formatted. Let me try a different approach - I'll look at the file structure more carefully and try to extract only the unique text segments. Since this is taking too long, let me just try to get a decent summary by taking every Nth line or using a simpler method.","created_at":"2026-07-08T04:29:07.850650Z","finish_reason":"tool_calls","metrics":{"ttft_ms":940,"total_time_ms":1458,"input_tokens":2230,"output_tokens":328,"cache_read_tokens":43776,"cache_creation_tokens":null,"tpot_ms":1.579268292682927,"tokens_per_sec":633.2046332046332}},{"message_id":"5e840970-d358-49dc-bafd-f2ce496707de","node_id":46,"role":"tool","content":"Output from command in shell 476778:\nyou can, you know, form billions of a new idea. Every once in a while, that sort of becomes the foundational don't know what's going on. And someone set the narrative. And it doesn't even happening. Follow me. Capital just So, we're going to have the chance to always interested to begin with you a to hear a lot of these stories every for you to turn your observations from companies and with the capital that has over the last 18 months framed as advice because I I just don't know very many So, what have you learned in the first let's say long-term private markets that is their storytelling ability returns take a decade. And so the thing quarterly update or your event or just LPs or whatever, is really just of is twofold. One is that the business scenario because it's one of these company, the story again, the narrative to inflect. Maybe it's because of AI or their life. It's very difficult for the story is well, okay, fine. You grew at 8 million of revenue and you're 7 different story and just you know sort years ago um you that company would I think is just to be more flexible on amount of businesses where they're in a are starting to go well, but they're significant up round. And so really, profitability. And those are just really situation, I think um that's where you back your investors, convert everyone to I've been shocked at sort of how hostile think this is like an underdised part of >> just they have like you know 3x there's sort of this like interesting downside, everyone sort of booze you. right to invest at the same price in 2 like an optimistic extractive, everyone >> So, what advice would you give to >> We're obviously in a highly volatile, I think it's, you know, certainly the since at least like the transition of optionality and the ability to be nimble be constrained by the cap table. And so become a service a services business. profitably for a while. You know maybe pricing uh goes away you need to pivot of your customers and so I think like I think like I guess the general piece thing and it's going to be huge or zero usually means raising less raising from problems where you need to continue to recruiting uh people's options get those things sort of reduce optionality than optionality but I think in highly control for being able to like be super not be constrained by like well we're thing which is also true for investors construction of an effective narrative you've delivered the 10-year investment you describe what you mean by that and sort of an idea that you and I came up turned out to be true I think the more crystallizes a notion right at the right opinion on a certain era and I think little bit uncertain everyone is a of set the story and set the narrative like this is what's going on. This is come together, they just set a new next PDF comes along. And um and the billions of dollars of capital uh in one new idea. And then, you know, maybe you they all sort of just follow the ball the field. about I don't know how long we'll talk guess is a, you know, a billion dollar is the timeline of predominantly X, There's other places as well, but it attention, meaning like everyone wants love you to just riff on there's like timeline that I want to ask you about, phenomenon. is really the uni feed. So, what people everyone gets served the same 500 tweets the thing that people who don't post ratio on these things is enormous. And unless you're actually like getting onto uh commenting on your thing. I'm always that I literally had no you know so it no idea that they read Twitter all day technological catalyst for this it's sort of the Lindy social network. never going to reach the scale of the how it's like, you know, however long in ever of just just like source of truth that means is everyone is reading the that you know people would talk about the latest essay on on on X. And so I sort of most important people in the some other journalism >> they're reading their daily paper every opinion and they price securities and there's this idea that another great timeline native. And what that means is the timeline. Reactive meaning that it, that its actions then affect the know, the White House is obviously like Um certainly public equities are like funny, like one of the things I get the last great meritocracy. I get emails really clicked in my head and I started today, maybe more true than ever. And it all this stuff, but like it's still, you meritocratic than it used to be. like to like sort of grind away and build a really inane uh tweet and it would be anymore now you just you can you can selects you and it'll display you in the global newspaper that everyone reads There's also this like this sort of um people reacting to the articles in the and anyone can post to it. People are policy gets dictated from the timeline, built on the timeline. And I think a great example of this. Um, and in when we're recording this every other and it moves the public markets dollar PDF idea of when there's what is the story? What is the most know, um it's not this well-considered the thing that sounds smart, feels good, maybe that's another change is like a entertained. Like they they can lie to entertained and that's obviously what there's this idea that like the most going to set the actions and the their actions. your finance team leaner, faster, and growth. Ramp customers grew revenue 3.2 Stripe, Notion, 11 Lab, Shopify, and Mine does, too, and so should yours. agent that turns a single prompt into standards. Send Felix an email like, me.\" Or, \"Udate my tracker with the Felix sends back finished PowerPoint already does, delivering work quickly The best AI and software companies, from not in months. Visit workos.com to skip focus on your product. Is this all just things I've noticed in our show is it >> did a bit better but not a crazy amount performance. And that has completely this morning that if you breach the you have taken over the world's brain thing for a short period of time. things m are so much bigger than all the one of these breakout things. And like think about the timeline is like that should be living at the edge of the about. I mean I don't know everything's technological change. So the reason you technology delivering it was an RSS feed right like I'm sure some obscene amount or listening on YouTube um which is new they're not going to show you every just downstream of technology. I don't the content or in the listeners. It's podcast world sort of lags behind the serving content to the algorithm. Like, Twitter group chats, especially now that that you can do around replies and likes for. And um you know, I I would say like stuff certainly understand that and and podcasts still like really aren't into review and decide what it wants to show they like it or not. But like that first >> Does that stress you out? Does that feel death of books. People don't read because I I I just, you know, I've read books, but it doesn't I don't know. I It laments about with books. I mean, the Like, it's certainly way harder for me the interviews that I listen to and the don't have an appetite for books just I'm like feeling nourished from the about uh like like porn, it's like more like fairly straightforward that sex is like an obvious thing, but like the book thing feels a little bit like a for uh but like it was the best way we there's new ways and they're they're caveat that of course with like I'm very brain rot like we we recognize like and rotting and and like destruction and with like we didn't call it like uh we think ever anyone ever like would, you books as being this like very negative that that it is bad. Um, and I think disciplined and motivated, um, the way than ever, but if you're not, then it's this is the first White House that feels administration for better for worse. else does modern mean in that context to the timeline. Um I think it's hyper of addicted to polling. I think it looks which is all about understanding the actually it sort of shifts back to a hundred thousand people who are Sass the uh the um the the former to be uh like Tik Tok and YouTube stars it which is true from some very simple congressmen and senators primarily maybe a shift of this that I'm only just governance. Whereas if you're really of think about it as this is why, you content. They're basically content because who is on the timeline? uh I like an accurate sample of the the timeline thinks of something is a really the original sort of vision for who owners maybe the vision or the the is like I don't know if that's a good or correlates super tightly to any necessarily. poster? that like being a little bit tortured, personal life just in general. Yeah. I >> Yeah. And maybe posting is a little bit the comedic element of you need to sort sort of this like instant hit. It's comedy, poetry, and writing. peak guy. What does that mean? say where to start this. There's a pagan animated. Everything is controlled and lives above the clouds, but there's like then when we discover what's past the space. And so basically, you have to know that it's a guy anymore uh or like you could address and talk to, but it's becomes more and more conceptual. But been looking for things to sort of look say the like everyone has to worship or there's always a role for priests in as priests. Sort of the scientific pro Um this is widely discussed. We looked largely stalled since the war. And so I there's this billionaire class that source of meaning. Like like on its about what billionaires think about billion dollars. But the reason we do I which is we've said okay you know the be successful at business you generally to the highest realm of piety in our listen to them we were willing to like billionaire class or are adjacent to the think and so the the peak guy thing is enough of the billionaire there's gotten way less scarce I think 100x in the last 20 years probably more these answers and um it has not been podcast with this billionaire and I'm these things has come to its like full like secondary idea which is that money or we or we think it is in so far as um class be nearly as successful as they were. If you're a billionaire, you're or even, you know, certainly a upper inflation is sort of driving down what then the evolution of like power against his workers, but like now if you So So like there's this sense that this important. And then I also think look get it. You you understand this thing. what's happening from from the would say that like that whole set just I'm going to learn something very years ago. And so the logical question sort of flail around looking for our think you can see this because I think one very clear way is the science class priesthood after the actual priests and next and like the science class becomes lesson, right? Which is all the of money and glamour and that now I so, so I I think you can sort of see who listen to for two hours and, you know, >> Subservient to the poster class >> I was at this thing a while ago and it sit next to Tyler Cowan because he's the >> Yeah. Every room has a boss. Every room much something to that. It's sort of >> There's also this interesting point And the billionaire inflation thing is Cardone is a billionaire and so is Elon class at the top and it's not Deca or cares. It's it's like something else Robert Barren. Yeah. It it just seems seems much easier to get a billion estate in people's minds or on the >> If I could just have it by decree, it that numbers probably hasn't changed a always find it so useful to take this It's like a really new idea. If you read wealthy all the men are. Mr. Darcy is his estate. That's his wealth. It's his >> did a DCF for Mr. where they're like, does he have a lot there's also not this idea of well, sell his estate. It's like why would you leaderboard like truly because you can't crash to say about billionaire is like a and then inflation. Billionaire is now billionaire as sort of this like sort of related. I mean, you see this on the know, not rich at all, but they sort of millionaire, right? Like millionaire, >> Yeah. And it used to be um it used to of just this like it's a it's yeah it's millionaire you're sort of just saying middle class wellto-do person with a million or $800,000. It's like this literal sense and also in the sort of time is fixed, right? And so then the >> If you think about the most interesting just the people that you think are the >> Yeah. the people that I want to get tweet good and that's like a vanishingly small who have really made something of of problem with posting is like it still Twitter should be dictated by followers works. It just rewards prolificness. I watched. The most important author isn't stock has no fundamentals. Like fiat currency, about philosophers, authors, like does a small amount of taste makers read the books as idols and if they're like sort celebration of the thing and even like I I I think I pride myself like I a book or something is good or not one of your episodes do well without like to some extent that is the thing there's a few clips from a podcast but diminish the value of the property. It's but taking the least amount of that >> Yeah. I heard this interesting story however they describe it, and the person scroll through like the quote highlights They're still a reader. And it's just a posters and content has reoriented wants. But that's the game you sort of you went, I don't know, 6 months or like? And is that uh a path that you >> I think my takeaway from that would themselves that they are looking for is produced to be entertaining. It's of what is on the screen is to entertain lesson which is like look like I'm not life, but that is what it is investment or an asset versus a more money on it. podcasts and posts and productive and and and anything other or eight hours a day on the timeline. to be entertained and you know any in the sense that like yeah it doesn't complete hermit like you hear about through you probably the most like get the filtered takes from people know first of all expose themselves to back and tell you what's what's way who he refuses any algorithm in his an algorithm. It's like how do you know tell you >> Do you believe that trade-off's real? I'm I'm always interested in this in in archetypes, genres, whatever. And um is and again I I unfortunately I think but maybe accurate explanation but like Carnegies of the world who are able to and um you know what's so interesting richest person or very close to the I'm fascinated by this idea of like know, 22 hours a day to get these sort interesting of like a I think Larry who sort of bucks this trend and you being able to disappear for 2 weeks to out and can you still be a player and unfathomable that the president of the don't know. Is is is a lot of hard work was self-conscious his whole life about the posters of his day. Like he he he he into society and be well read and be a there's nothing new under the sun. You be true that like the the end state uh Twitter after they acrew their wealth or >> start a Yeah. start a YouTube channel. end state. And I think um you know one want to acrue fame. The other way of realize that the scarce asset is you're almost hedging against the sort to what is actually scarce. I I find it that we're most interested in are not interesting opposite and um like they've if it's almost like a trap. Um but it's phrase you used. It actually makes me thing how you're thinking about this AI I'm I'm super personally interested in anti-AI fears is that it's going to technology changes didn't because it's compare it to prior tech changes which that's why this one's so scary. But it really in the modern sense, especially like AI and and job displacement. and could very well be bad. Uh, you you know, he he he has kids in college not the 10-year-old. And I think that is perspective, look, I think it's great. I automated should be automated. I think about it. Um, and so you know, the the ever have to sit down in front of a like tremendously liberating. I don't out of jobs. To me it's like very up in the sense that like these are not obviously there's exceptions to this but necessities like I'm not talking about very derivative like you know what is your job as an have to you can't just leave it alone. money is that like once you get it you goes away and so you have to do job is like when you have money and you it to a bunch of people and then I take productive and then hopefully you don't sure. But like it's not real and it's amounts of jobs that you can create in have unlimited wants and desires and and things and so we're going to come up that might be volatile and there might that's not good and uh you know there new things to do like we've already about oh we're not going to have more cuz I feel like we just make up stuff Like, you know, it's better than being I think like there's all sorts of ways right? Which is like, um, you know, the like most people don't have 40 hours of or they have 40 hours that they have to the reason work from home I think on a factory line and you can set up the line 10 hours a day. Um, yeah, I guess lunch at home and your commute, you The people, the reason people are so to do per day. And so work from home the four 4 day work week. And I think work from home or do 4 days a week or time out of people than we used to. and productive. ushering bits from one place to another searching for one's vocation. stuck in my head, which is that we all if you agree that that's true, curious in a cool way that maybe cuts through like looking to others to tell us what >> I think there's something um even just you can waste is your gifts, your um uniquely good at, things that you can do great challenges has been trying to which is easier said than done, and then You know, there's kind of two modes, I don't try and integrate know the person who has a day job in something. And then the other perhaps uh commerce uh and their work with their passion thing and and I think it's to me which is like the thing that you sort of genius and gift. And if you're most of your time on. And so I think this. Like are you having I think people indicator that you've combined the two. looks like in the '8s and the last era mostly doing leverage buyouts? big, but they were started a long time close to the founder getting up there in finance look like? incredibly important in uh in any it's notable that like the current and most important finance firms come driven idea. It's financial engineering. profitable. And I'm not trying to they're like as evil as people say, but financial engineering to make a lot of to the to the core trade. Um, and those founders and the founding acts of these KKRs of the world, um, you know, I think but I do think it's still like in the know, we've pondered about before is the largest financial firms in the law. It's hugely optimistic. It's is it? What would a Blackstone and know, the inception of the firm? Um, and know, in the same way that sort of than debt financing. And um you know to the upside. And so there's all these ancient and and you know debt obviously whether it's morally good at all. crux of finance is with these kind of concerned about the downside, more at it is a shift from the quantitive to for over 16,000 fastmoving companies the number one agentic trust platform watch for the risks that show up between new tool your team signs up for, every And most security programs weren't built works like a 247 GRC engineer in the assessment time by up to 50%. Whether and prove trust. Invest like the best Ridgeline is the first endto-end system portfolio accounting, reconciliation, one unified platform. Firms are moving features are compared to anything else managers about AI and they fall roughly to even start and others convinced they that running an investment firm will And no amount of AI enthusiasm changes exactly that foundation, which is why I on Ridgeline's unified platform. If that conversation. You can request a What other differences are interesting optimism versus not pessimism, but coast is um extractive, pessimistic, um west coast is naive, stupid uh some obvious extent. Um and I think west coast is definitely eating the east biggest businesses in the world and through uh through sort of acquisition capital is this sort of much better it's this tiny little asset class that sort of uh civilizational technology speculative idea with like basically no work. Um, so it's clearly this amazing compensation between east and west. When you would get paid huge amounts of cash enduring equity value, but you would get this idea where you would, you know, be enormous payoff in some distant future. interesting is I you could argue, uh, Street because all these businesses have you're thinking like a firm and you're, top the top end of the firm, you're worried about the stock price and Valley it's almost moved towards a uh these markets you know companies staying you know the sort of de facto yearly you're actually paid huge amounts of seen that with with certainly with the leaving their firms terms and and all more more well maybe not more money mercenary. And I think like I'm always where um you know uh the valley is a jumping from firm to firm and uh and and bunch of RSUs and and uh and and you're of the firm. have such an interesting mandate because style growth equity deal. You could do a career invested in dozens of effectively get railroaded by cloud code or like I think you're still curious about investor, how are you approaching this >> We've largely sat on the sidelines. Um a wide mandate in sort of what we can do apocalyptic vision at some of the core sort of a jump ball. And so it's it's maybe I could say in general is that not um it's it's literally just a for access to a tool that helps you use SAS is in a lot of trouble. Uh but I really sold off today out of fear that interesting to me. I wrote a post public manager being long like good capital allocation because consensus is, you know, usually right. that I got to that is, well, these to perfection, but like I think it's 100% for the biggest companies in the at all. And the market lacks extreme probably someone smarter than me could flows and the marginal price of security of securities is the posts in the group this way I've actually never thought of what my understanding is that's what's on Twitter and YouTube and stuff is narrative that it wants to show to it it's another lesson which is like nuance um so you know that would be the either direction the most honest thing unable or unwilling to do that and so best and put capital out the door and getting priced irrationally in the business, but are more of a function of the funds. bad. What do you think about this trend genre of company that seems to have looking the other day I was curious in is is not just software by you know like it's a really high percentage been like all software for the last 10 business lower gross margins you know really in the late innings in let's call okay returns in venture capital have being very good and so logically capital is largely constrained in that the started is relatively fixed probably I just a finite amount more and more so you have to put more money into the becoming a real problem uh uh right into a B2B software business and start and so you know functionally some extent but but what you really saw compensation packages basically. Um and getting blocked. It's like water. It and it was getting blocked because it returns but like it was just it was a lot of what inspired me to which was just that like the amount of need. And then you know almost as if that could just soak up this capital and sense that the like businesses and back then we had negative interest rates will create somewhere for it to go and I fertuitous the ultimate high capex project and could say that the capital markets were to to to put the capital and there was I think is a little bit different of the philosophical view. the economic view. I punished so much today in the market is fundamentally. That's what a software with zero marginal cost, the thing that profitable. The vision of that was that margins and hopefully one day very high private equity gets their hands on margin out that era is largely just a in an era where we're selling compute sell copies of the output um you have to the marginal cost obviously is not zero And I think it means that this era of to make up for it, I think, is um lower and just much more scale. And I think the top end providers of the scale. I in three to four trillion dollar market that is inflation I believe. Um but you uncontroversial to say we're going to to be because margins are going to drop going to acrue to scale because maybe it's a bit of a bit crudely a bit looks like low gross margins razor thin probably a problem for the sort of um town. you have this funny view that uh however you want to define the market uh expound on that like that that that the market is that it's extraordinarily out of the opt out of the battle. I this. would be that I think Buffett and Munger his state outside of Berkshire to be put general public. And so, I think people that's what he's saying. I think he's implicit in that statement is leaving the anecdotal side would be Buffett rational thing you should do. On the professionals don't even beat the market great this is this one-two punch of um the smartest people the most with the think that um I think I think for a is sort of the paradox with the Buffett market because you have all these other the Peter Lynch argument. I increasingly a genius about this. Um uh which is that these mandates. You're running a think it's more difficult for the market than like the average amateur. well or bought they bought a Tesla and the Apple stock and you can't run a outperformed um you know just doing isolation none of the advice is wrong better than the average. Uh, and and in all sorts of other things that I like what basically like what you would >> I get asked a lot um by LPs where they managers are good or should they invest take a somewhat cynical view of these of these are businesses first and and like they're a business and so you have should I put my 500 grand check you I actually get asked that a lot like million dollars into this fund fund, but like could you find something obvious, but like in in reality, it's understand is that basically if you're a sovereign or institution size checks, you as a customer. Like the growth fund park $100 million somewhere. It's grand check. if your business is set up product is just so different from what smaller. And I this gets into the like, where the emerging manager stuff is for places where the manager is actually because returns are critical to future >> Are there features of the emerging other? It's probably similar to how I know, especially for an emerging manager still fail, they probably overweight the stuff and underweight just the like think you and I are both big believers think the more that you can probe, you incredibly underrated thing to ask couple hundred million in the bank very different than someone who has a that they're trying to make make the different places to start from someone is looking up or looking down at same let's say two $50 million funds one bank and one is from someone who has very differently for the latter for for >> play thing meant to be porative like the toy might on the line. You're you're going to be that is generally not not super super the time like in new ventures. If you're you have, there's just a sort of like scale this all the way up. be the hustle billion fund. Like it's just a big sort taking bets that are, you know, an order just a psychological factor there versus know, uh that are maybe sort of think it's easier for people to know, sort of take a flyer on a stock of your net worth that you don't feel with maybe a dollar amount that's more going to have to explain it and all to like do you think this is a good the sort of what I'll call the feudalike system that is emerging in the companies. Can you share that idea? it's a broader a broader thing as well. where there are the lords um Elon uh they can sort of make land and gentry by like the best uh gener uh best example SpaceX or in Whimo or whatever and uh it's sort of this like wholly synthetic like they know you don't have the money, say, I've been given like a deed on on 500 acres on on on in his country, and out and charge fees and make a bunch of allocation? And I guess I'm interested purely relational wholly synthetic thing and magnitude where like you can go due sovereign or a foundation and they will of um paid for access. But maybe where difference is obviously that, you know, of, you know, they live on forever. you've seen in one of these? no GP you're just like demanding basically you also get a huge amount of upside. have um I've seen a few that have don't think people are doing that 10 years ago fever of it. But I mean to Capital's that 2% on the SpaceX thing that you did bad. It's just it's sort of funny cuz thing that is like a wholly insider there's there's all the fraud and bad your own really just entertainment, not learning. So therefore, it is largely the extent you care about yourself >> I certainly care about productivity. For are conversations, which I guess are reason my book reading has gone down is like if I could only keep one thing, it I find interesting. And um but I also uh sort of distasteful and weird people. media diet and conversations are my answer sort of falls flat with people lot of my friends I think are sort of um can't predict what the person's going to lot. And that's obviously like a very but I think YouTube remains underrated. remains the library of Alexandria of of YouTube doesn't feel generative. I think early 2026, I would say chat bots can I've taken, like you can feel really session in a chatbot, but I actually investing ideas, what is the right ones that you've done yourself but also >> I really do think people value the like feel clever look smart game a big area of like self-development for the clever thing is not always the thing looking for investment ideas that are so I'm a bigger and bigger believer in the probably want to be long Elon Musk, you being able to sell that idea. I think a good to dress up those ideas in a way smart enough to what is actually sort of does bankruptcies and he makes a lot of tremendous amount of work. It's grimy. risk and uh uh interpersonal stuff and good example of simplicity is like you average and it like I love that idea cuz one story that I absolutely love cutting investment is from Richard Rainwater you would basically come into his office would write out your thesis on one page going to put in the deal. And based on he would say yes or no. And I think people don't do that because write a compelling thesis in a page. say, well, I'm only putting 3% of my net that's one of the most simple, clear heard. One of the, I think, natural two things. attract an amazing select from that group effectively. about in building your business and it this era specifically where the returns up and up and up. What did you learn interested in attracting a unique pool think is very lowhanging fruit is just descriptions are one of these things of this like token document like it's more the question versus like what's tried to write one that followed a very post it on on Twitter and LinkedIn. And can't just it can't be something that wouldn't share if you didn't know me. Um think what's so important in any sales don't want. And the nice thing about a resonates, it deeply resonates with the would want someone to have and try and everything that would make them the type Obviously the skills and the experience really be inspiring and for the right would make people mad.\" One of the kind of was was the funniest was uh or school. And what I love about that is would get people who would be many that I only want a top 10 school. The know, what I love about it is um, uncontroversially are top 10 and so I just sort of assert that your school is anywhere close just sort of assert that of like you know oh I don't know if my great cuz I don't want those people. And mind but people gave me all kinds of There was all kind of answers around um the at their school. And so I think like be um there's a bit of a inherent test get a few posts that were like You should hire me. I didn't go to a top think the more you can do statements of like do all like imagine what you get at all of those various traits. Um, these job descriptions. like an underrated area of inquiry today cultural and intellectual traditions wave of technology. love you to just riff on your beliefs behind the people and the we've probably ever seen. things and people and places. I don't it's true today. I think there's some uh efficiently, let's say. Um height, IQ, have just decided collectively not to underrate underpin the whole thing. I think there uh that underlies the like technological interesting because you see it like Will Nick Land um that are their sort of everyone but are not necessarily named. say the same thing about Curtis Yarvin. ideas coming out of the mouth of mouths leverage research and all these know in the same way that I think um uh how important that is as a guiding sorts of cultural and philosophical like it or not the models are highly Buddhism, um, and this sort of like sort of think like, okay, like you know, it these things matter. And it just general and informing and what the inherent worldviews are in feels to me that um that was Wall Street what's most important. There's a because it's all just about getting think at the crux of that is that thing that they are building it's not this you know nominally altruistic idea products that the whole world uses. It's almost it's almost pathological to the of shadowesque. Um, and there's none of in finance, you sort of need to try you into architecture, into philanthropy, exists because I think tech views itself philanthropy is is the business that reflexive through, you know, through going to book this sort of stuff. Um, and I think it's would um try and document this stuff there in its own sort of like nerdy think culture is just like vastly pseudo religious but but but filling three more hours. Thanks for doing this >> You know how small advantages compound company. Your spending system is your it smarter by default. Better data, As your business grows, Vanta scales security and risk. Learn more at The best AI and software companies from not in months. Visit workos.com to skip redefining asset management technology vendor. They've helped firms 5x and Visit ridgelineapps.com to see what they AI doesn't understand your process. Rogo specifically for Wall Street, connected\n\n\nExit code: 0","created_at":"2026-07-08T04:29:07.916429Z","finish_reason":null,"metrics":null},{"message_id":"123c8610-e586-4094-8e82-c02b1db0470f","node_id":48,"role":"assistant","content":"Based on the captions, here's a summary of \"The Billion Dollar PDF\":\n\n## Overview\nThe video features a conversation between two investment professionals discussing lessons learned from 18 months of venture capital investing, with a focus on the concept of the \"billion dollar PDF\" - a metaphor for how compelling narratives can attract billions of dollars in capital.\n\n## Key Themes\n\n### The \"Billion Dollar PDF\" Concept\n- A crystallized notion or idea presented at the right time, in the right way, that becomes the foundational viewpoint for an era\n- During uncertain times, people panic and someone needs to \"set the story\" and narrative\n- The narrative doesn't even need to be correct - it just needs confidence\n- Capital follows these compelling narratives around the field\n- Examples include timelines on X/Twitter that shape how people think about technology trends\n\n### Venture Capital & Storytelling\n- The \"great filter\" for funds is their storytelling ability, since actual returns take a decade to materialize\n- In the interim, funds sell narratives through quarterly updates, events, and LP conversations\n- A common problem: companies that are 6-7 years old but just starting to inflect (often due to AI) struggle with funding because their \"story\" makes them seem old\n- The fix: be more flexible with narrative - if the same company \"restarted\" 2 years ago, it would be considered hot\n\n### Cap Table Advice for Founders\n- In volatile times, prioritize optionality and nimbleness over commitment\n- Avoid being constrained by cap table structure\n- Raise less from investors with wider mandates\n- Consider unconventional strategies when facing bridge rounds: buy back investors, convert to common, get creative with cap table\n- Insider bridge rounds can be surprisingly hostile with liquidation preferences, warrants, and ratchets\n\n### Cultural & Intellectual Analysis\n- Silicon Valley operates on a \"neo-Buddhist utilitarian\" philosophy that underpins technological development\n- Thinkers like Nick Land and Curtis Yarvin influence tech leaders without being explicitly named\n- Unlike 80s Wall Street (which was vain, hedonistic, and nihilistic), tech views itself as self-righteous and altruistic\n- Tech doesn't feel the need to justify its activities through arts, culture, or philanthropy - the business itself is seen as the ultimate good\n\n### AI & Work\n- AI should automate jobs that should be automated - this is liberating, not threatening\n- People will find new things to do; human wants and desires are unlimited\n- The challenge is helping people discover their vocation and unique gifts rather than wasting them\n- Work hours may naturally decrease (4-day work week, work from home)\n\n### Media & Information\n- X/Twitter has become the \"global newspaper\" that everyone reads\n- The timeline is reactive and shapes policy, markets, and culture\n- Books have declined in importance compared to podcasts, tweets, and other media\n- YouTube remains underrated as a library of content\n\nThe conversation weaves together investment insights, cultural criticism, and observations about how narratives shape capital allocation in technology and venture capital.","tool_calls":[],"thinking":"Now I have a decent sample of the text. Let me clean it up a bit more and create a summary. The text appears to be a conversation between two people discussing investing, venture capital, the \"billion dollar PDF\" concept, and various topics around technology, culture, and finance. Let me create a coherent summary.","created_at":"2026-07-08T04:29:11.510300Z","finish_reason":"stop","metrics":{"ttft_ms":1056,"total_time_ms":3592,"input_tokens":8072,"output_tokens":706,"cache_read_tokens":45952,"cache_creation_tokens":null,"tpot_ms":3.592067988668555,"tokens_per_sec":278.391167192429}},{"message_id":"94c348e0-4480-4e30-abd9-cb151d3f8ade","node_id":49,"role":"user","content":"what do they say about rogo or harvey?","created_at":"2026-07-08T04:30:57.948875Z","finish_reason":null,"metrics":null},{"message_id":"cd5db625-8f89-4786-9b8c-75071cada4b3","node_id":51,"role":"assistant","content":"Let me search for mentions of Rogo and Harvey in the transcript:","tool_calls":[{"id":"9c6f390c9","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n content = f.read()\n\n# Search for Rogo and Harvey mentions\nlines = content.split('\\n')\nfor i, line in enumerate(lines):\n if 'rogo' in line.lower() or 'harvey' in line.lower():\n # Print context around the mention\n start = max(0, i-3)\n end = min(len(lines), i+4)\n print(f\"Lines {start}-{end}:\")\n for j in range(start, end):\n print(f\" {j}: {lines[j]}\")\n print()\nEOF"}}],"thinking":"The user is asking specifically about what they say about \"Rogo\" or \"Harvey\" in the video. Let me search through the transcript content I extracted to find mentions of these companies.\n\nLooking at the transcript I extracted, I can see there are some mentions. Let me search for \"Rogo\" and \"Harvey\" specifically in the content.","created_at":"2026-07-08T04:30:59.101766Z","finish_reason":"tool_calls","metrics":{"ttft_ms":711,"total_time_ms":1152,"input_tokens":727,"output_tokens":250,"cache_read_tokens":54016,"cache_creation_tokens":null,"tpot_ms":1.764,"tokens_per_sec":566.8934240362812}},{"message_id":"3565b92a-7486-4908-82f8-8ba21158694c","node_id":52,"role":"tool","content":"Output from command in shell 7411d7:\nLines 3091-3098:\n 3091: \n 3092: 00:13:03.279 --> 00:13:05.350 align:start position:0%\n 3093: Learn more at ramp.com/invest.\n 3094: Felix<00:13:03.760> by<00:13:03.920> Rogo<00:13:04.320> is<00:13:04.399> a<00:13:04.639> personal<00:13:04.959> finance\n 3095: \n 3096: 00:13:05.350 --> 00:13:05.360 align:start position:0%\n 3097: Felix by Rogo is a personal finance\n\nLines 3094-3101:\n 3094: Felix<00:13:03.760> by<00:13:03.920> Rogo<00:13:04.320> is<00:13:04.399> a<00:13:04.639> personal<00:13:04.959> finance\n 3095: \n 3096: 00:13:05.350 --> 00:13:05.360 align:start position:0%\n 3097: Felix by Rogo is a personal finance\n 3098: \n 3099: \n 3100: 00:13:05.360 --> 00:13:07.269 align:start position:0%\n\nLines 3098-3105:\n 3098: \n 3099: \n 3100: 00:13:05.360 --> 00:13:07.269 align:start position:0%\n 3101: Felix by Rogo is a personal finance\n 3102: agent<00:13:05.680> that<00:13:05.920> turns<00:13:06.160> a<00:13:06.399> single<00:13:06.639> prompt<00:13:06.959> into\n 3103: \n 3104: 00:13:07.269 --> 00:13:07.279 align:start position:0%\n\nLines 10963-10970:\n 10963: \n 10964: 00:47:40.800 --> 00:47:42.870 align:start position:0%\n 10965: for over 16,000 fastmoving companies\n 10966: like<00:47:41.040> Ramp,<00:47:41.440> Curser,<00:47:41.839> and<00:47:42.000> Harvey,<00:47:42.560> keeping\n 10967: \n 10968: 00:47:42.870 --> 00:47:42.880 align:start position:0%\n 10969: like Ramp, Curser, and Harvey, keeping\n\nLines 10966-10973:\n 10966: like<00:47:41.040> Ramp,<00:47:41.440> Curser,<00:47:41.839> and<00:47:42.000> Harvey,<00:47:42.560> keeping\n 10967: \n 10968: 00:47:42.870 --> 00:47:42.880 align:start position:0%\n 10969: like Ramp, Curser, and Harvey, keeping\n 10970: \n 10971: \n 10972: 00:47:42.880 --> 00:47:44.950 align:start position:0%\n\nLines 10970-10977:\n 10970: \n 10971: \n 10972: 00:47:42.880 --> 00:47:44.950 align:start position:0%\n 10973: like Ramp, Curser, and Harvey, keeping\n 10974: them<00:47:43.040> audit<00:47:43.359> ready<00:47:43.680> around<00:47:43.920> the<00:47:44.160> clock.<00:47:44.720> It's\n 10975: \n 10976: 00:47:44.950 --> 00:47:44.960 align:start position:0%\n\nLines 19779-19786:\n 19779: \n 19780: 01:26:23.199 --> 01:26:25.750 align:start position:0%\n 19781: investment firm is unique, and generic\n 19782: AI<01:26:23.600> doesn't<01:26:23.920> understand<01:26:24.239> your<01:26:24.560> process.<01:26:25.280> Rogo\n 19783: \n 19784: 01:26:25.750 --> 01:26:25.760 align:start position:0%\n 19785: AI doesn't understand your process. Rogo\n\nLines 19782-19789:\n 19782: AI<01:26:23.600> doesn't<01:26:23.920> understand<01:26:24.239> your<01:26:24.560> process.<01:26:25.280> Rogo\n 19783: \n 19784: 01:26:25.750 --> 01:26:25.760 align:start position:0%\n 19785: AI doesn't understand your process. Rogo\n 19786: \n 19787: \n 19788: 01:26:25.760 --> 01:26:27.189 align:start position:0%\n\nLines 19786-19793:\n 19786: \n 19787: \n 19788: 01:26:25.760 --> 01:26:27.189 align:start position:0%\n 19789: AI doesn't understand your process. Rogo\n 19790: does.<01:26:25.920> It's<01:26:26.159> an<01:26:26.320> AI<01:26:26.560> platform<01:26:26.880> built\n 19791: \n 19792: 01:26:27.189 --> 01:26:27.199 align:start position:0%\n\nLines 19819-19825:\n 19819: \n 19820: 01:26:32.000 --> 01:26:35.639 align:start position:0%\n 19821: process, and producing real outputs.\n 19822: Check<01:26:32.159> them<01:26:32.320> out<01:26:32.480> at<01:26:32.639> rogo.ai/invest.\n 19823: \n 19824: \n\n\n\nExit code: 0","created_at":"2026-07-08T04:30:59.164657Z","finish_reason":null,"metrics":null},{"message_id":"5104ef7b-7096-4518-b104-5ebf239aada9","node_id":54,"role":"assistant","content":"Based on the transcript, **Rogo** and **Harvey** are only mentioned in **sponsorship/ad reads**, not as part of the actual conversation:\n\n## Rogo\nMentioned twice in ad reads:\n1. **First mention (~13:03-13:07):** \"Felix by Rogo is a personal finance agent that turns a single prompt into [something]\" - this appears to be a sponsorship message.\n\n2. **Second mention (~1:26:23-1:26:35):** At the end of the video: \"Every investment firm is unique, and generic AI doesn't understand your process. Rogo does. It's an AI platform built specifically for Wall Street, connected to your data, understanding your process, and producing real outputs. Check them out at rogo.ai/invest.\"\n\n## Harvey\nMentioned once in what appears to be a Vanta sponsorship ad (~47:40-47:44):\n- \"for over 16,000 fast-moving companies like Ramp, Curser, and Harvey, keeping them audit ready around the clock\"\n\n**The speakers do not discuss Rogo or Harvey as part of their substantive conversation** about venture capital, the \"billion dollar PDF\" concept, investment strategies, or any of the other topics they cover. These are purely sponsorship messages/ads that were inserted into the video.","tool_calls":[],"thinking":"Looking at the search results, I can see:\n\n1. **Rogo** is mentioned in two contexts:\n - In what appears to be a sponsorship/ad read: \"Felix by Rogo is a personal finance agent that turns a single prompt into [something]\" - this is around 13:03-13:07\n - In another ad read at the end: \"AI doesn't understand your process. Rogo does. It's an AI platform built [specifically for Wall Street, connected to your data, understanding your process, and producing real outputs]. Check them out at rogo.ai/invest.\" - this is around 1:26:23-1:26:35\n\n2. **Harvey** is mentioned only once in what appears to be a sponsorship/ad read for Vanta: \"for over 16,000 fastmoving companies like Ramp, Curser, and Harvey, keeping them audit ready around the clock\" - this is around 47:40-47:44\n\nThese appear to be sponsorship messages/ad reads, not part of the actual conversation content. The speakers don't discuss Rogo or Harvey as part of their substantive conversation about investing, venture capital, or the \"billion dollar PDF\" concept.","created_at":"2026-07-08T04:31:01.347873Z","finish_reason":"stop","metrics":{"ttft_ms":1028,"total_time_ms":2182,"input_tokens":2250,"output_tokens":535,"cache_read_tokens":54656,"cache_creation_tokens":null,"tpot_ms":2.1570093457943926,"tokens_per_sec":463.60485268630845}},{"message_id":"c1abb9e8-cd48-456e-968d-b702a37527c6","node_id":55,"role":"user","content":"what do they say about the billlion dollar pdf?","created_at":"2026-07-08T05:42:07.570158Z","finish_reason":null,"metrics":null},{"message_id":"f5d83f62-8d72-4b99-a52f-f80bfcc6e4c4","node_id":57,"role":"assistant","content":"Let me search for mentions of \"billion dollar pdf\" and related concepts in the transcript:","tool_calls":[{"id":"586990f2c","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n content = f.read()\n\n# Search for billion dollar pdf mentions\nlines = content.split('\\n')\nfor i, line in enumerate(lines):\n if 'billion' in line.lower() and ('pdf' in line.lower() or 'document' in line.lower() or 'narrative' in line.lower() or 'story' in line.lower()):\n # Print context around the mention\n start = max(0, i-5)\n end = min(len(lines), i+6)\n print(f\"Lines {start}-{end}:\")\n for j in range(start, end):\n clean_line = re.sub(r'<[^>]+>', '', lines[j])\n print(f\" {j}: {clean_line}\")\n print()\nEOF"}}],"thinking":"The user is asking specifically about what they say about the \"billion dollar PDF\" concept. Let me search the transcript for mentions of this concept to provide a detailed answer.","created_at":"2026-07-08T05:42:09.470287Z","finish_reason":"tool_calls","metrics":{"ttft_ms":1540,"total_time_ms":1895,"input_tokens":45423,"output_tokens":257,"cache_read_tokens":12032,"cache_creation_tokens":null,"tpot_ms":1.3813229571984436,"tokens_per_sec":723.943661971831}},{"message_id":"7aee3648-922a-44b1-9908-642d02bd36ec","node_id":58,"role":"tool","content":"Output from command in shell 3330ea:\nLines 113-124:\n 113: happening. Follow me. Capital just\n 114: \n 115: \n 116: 00:00:30.800 --> 00:00:32.389 align:start position:0%\n 117: happening. Follow me. Capital just\n 118: follows the billion dollar PDF around\n 119: \n 120: 00:00:32.389 --> 00:00:32.399 align:start position:0%\n 121: follows the billion dollar PDF around\n 122: \n 123: \n\nLines 116-127:\n 116: 00:00:30.800 --> 00:00:32.389 align:start position:0%\n 117: happening. Follow me. Capital just\n 118: follows the billion dollar PDF around\n 119: \n 120: 00:00:32.389 --> 00:00:32.399 align:start position:0%\n 121: follows the billion dollar PDF around\n 122: \n 123: \n 124: 00:00:32.399 --> 00:00:44.790 align:start position:0%\n 125: follows the billion dollar PDF around\n 126: the field.\n\nLines 120-131:\n 120: 00:00:32.389 --> 00:00:32.399 align:start position:0%\n 121: follows the billion dollar PDF around\n 122: \n 123: \n 124: 00:00:32.399 --> 00:00:44.790 align:start position:0%\n 125: follows the billion dollar PDF around\n 126: the field.\n 127: \n 128: 00:00:44.790 --> 00:00:44.800 align:start position:0%\n 129: \n 130: \n\nLines 1361-1372:\n 1361: returns or whatever, you have this great\n 1362: \n 1363: \n 1364: 00:05:49.120 --> 00:05:51.110 align:start position:0%\n 1365: returns or whatever, you have this great\n 1366: idea called the billion-dollar PDF. Can\n 1367: \n 1368: 00:05:51.110 --> 00:05:51.120 align:start position:0%\n 1369: idea called the billion-dollar PDF. Can\n 1370: \n 1371: \n\nLines 1364-1375:\n 1364: 00:05:49.120 --> 00:05:51.110 align:start position:0%\n 1365: returns or whatever, you have this great\n 1366: idea called the billion-dollar PDF. Can\n 1367: \n 1368: 00:05:51.110 --> 00:05:51.120 align:start position:0%\n 1369: idea called the billion-dollar PDF. Can\n 1370: \n 1371: \n 1372: 00:05:51.120 --> 00:05:52.710 align:start position:0%\n 1373: idea called the billion-dollar PDF. Can\n 1374: you describe what you mean by that and\n\nLines 1368-1379:\n 1368: 00:05:51.110 --> 00:05:51.120 align:start position:0%\n 1369: idea called the billion-dollar PDF. Can\n 1370: \n 1371: \n 1372: 00:05:51.120 --> 00:05:52.710 align:start position:0%\n 1373: idea called the billion-dollar PDF. Can\n 1374: you describe what you mean by that and\n 1375: \n 1376: 00:05:52.710 --> 00:05:52.720 align:start position:0%\n 1377: you describe what you mean by that and\n 1378: \n\nLines 1385-1396:\n 1385: what the interesting components of a\n 1386: \n 1387: \n 1388: 00:05:54.160 --> 00:05:56.150 align:start position:0%\n 1389: what the interesting components of a\n 1390: billion dollar PDF tend to be? This is\n 1391: \n 1392: 00:05:56.150 --> 00:05:56.160 align:start position:0%\n 1393: billion dollar PDF tend to be? This is\n 1394: \n 1395: \n\nLines 1388-1399:\n 1388: 00:05:54.160 --> 00:05:56.150 align:start position:0%\n 1389: what the interesting components of a\n 1390: billion dollar PDF tend to be? This is\n 1391: \n 1392: 00:05:56.150 --> 00:05:56.160 align:start position:0%\n 1393: billion dollar PDF tend to be? This is\n 1394: \n 1395: \n 1396: 00:05:56.160 --> 00:05:57.590 align:start position:0%\n 1397: billion dollar PDF tend to be? This is\n 1398: sort of an idea that you and I came up\n\nLines 1392-1403:\n 1392: 00:05:56.150 --> 00:05:56.160 align:start position:0%\n 1393: billion dollar PDF tend to be? This is\n 1394: \n 1395: \n 1396: 00:05:56.160 --> 00:05:57.590 align:start position:0%\n 1397: billion dollar PDF tend to be? This is\n 1398: sort of an idea that you and I came up\n 1399: \n 1400: 00:05:57.590 --> 00:05:57.600 align:start position:0%\n 1401: sort of an idea that you and I came up\n 1402: \n\nLines 1569-1580:\n 1569: next PDF comes along. And um and the\n 1570: \n 1571: \n 1572: 00:06:40.160 --> 00:06:41.670 align:start position:0%\n 1573: next PDF comes along. And um and the\n 1574: billion dollar PDF thing is this idea\n 1575: \n 1576: 00:06:41.670 --> 00:06:41.680 align:start position:0%\n 1577: billion dollar PDF thing is this idea\n 1578: \n 1579: \n\nLines 1572-1583:\n 1572: 00:06:40.160 --> 00:06:41.670 align:start position:0%\n 1573: next PDF comes along. And um and the\n 1574: billion dollar PDF thing is this idea\n 1575: \n 1576: 00:06:41.670 --> 00:06:41.680 align:start position:0%\n 1577: billion dollar PDF thing is this idea\n 1578: \n 1579: \n 1580: 00:06:41.680 --> 00:06:44.390 align:start position:0%\n 1581: billion dollar PDF thing is this idea\n 1582: that really like you can, you know, form\n\nLines 1576-1587:\n 1576: 00:06:41.670 --> 00:06:41.680 align:start position:0%\n 1577: billion dollar PDF thing is this idea\n 1578: \n 1579: \n 1580: 00:06:41.680 --> 00:06:44.390 align:start position:0%\n 1581: billion dollar PDF thing is this idea\n 1582: that really like you can, you know, form\n 1583: \n 1584: 00:06:44.390 --> 00:06:44.400 align:start position:0%\n 1585: that really like you can, you know, form\n 1586: \n\nLines 1641-1652:\n 1641: around and they're just the capital just\n 1642: \n 1643: \n 1644: 00:06:57.680 --> 00:06:59.270 align:start position:0%\n 1645: around and they're just the capital just\n 1646: follows the billion dollar PDF around\n 1647: \n 1648: 00:06:59.270 --> 00:06:59.280 align:start position:0%\n 1649: follows the billion dollar PDF around\n 1650: \n 1651: \n\nLines 1644-1655:\n 1644: 00:06:57.680 --> 00:06:59.270 align:start position:0%\n 1645: around and they're just the capital just\n 1646: follows the billion dollar PDF around\n 1647: \n 1648: 00:06:59.270 --> 00:06:59.280 align:start position:0%\n 1649: follows the billion dollar PDF around\n 1650: \n 1651: \n 1652: 00:06:59.280 --> 00:07:00.309 align:start position:0%\n 1653: follows the billion dollar PDF around\n 1654: the field.\n\nLines 1648-1659:\n 1648: 00:06:59.270 --> 00:06:59.280 align:start position:0%\n 1649: follows the billion dollar PDF around\n 1650: \n 1651: \n 1652: 00:06:59.280 --> 00:07:00.309 align:start position:0%\n 1653: follows the billion dollar PDF around\n 1654: the field.\n 1655: \n 1656: 00:07:00.309 --> 00:07:00.319 align:start position:0%\n 1657: the field.\n 1658: \n\n\n\nExit code: 0","created_at":"2026-07-08T05:42:09.566643Z","finish_reason":null,"metrics":null},{"message_id":"5175bb5b-4414-4a5d-b3a6-b44a115f5773","node_id":60,"role":"assistant","content":"Let me get more context around the main explanation sections:","tool_calls":[{"id":"5c6b73c66","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n lines = f.readlines()\n\n# Focus on the section around 5:49-7:00 where they explain the concept\nstart_line = 1350\nend_line = 1700\n\nprint(\"=== Main explanation section ===\")\nfor i in range(start_line, min(end_line, len(lines))):\n line = lines[i].strip()\n # Skip empty lines and timestamps\n if not line or re.match(r'\\d{2}:\\d{2}:\\d{2}\\.\\d{3}', line):\n continue\n if line in ['WEBVTT', 'Kind: captions', 'Language: en']:\n continue\n # Remove HTML tags\n clean_line = re.sub(r'<[^>]+>', '', line)\n if clean_line and clean_line != 'align:start position:0%':\n print(clean_line)\nEOF"}}],"thinking":"The search results show some mentions but I need to get more context around the actual explanation of the billion dollar PDF concept. Let me search for a broader context around those sections to get the full explanation.","created_at":"2026-07-08T05:42:10.757036Z","finish_reason":"tool_calls","metrics":{"ttft_ms":692,"total_time_ms":1189,"input_tokens":2837,"output_tokens":275,"cache_read_tokens":57344,"cache_creation_tokens":null,"tpot_ms":1.8072727272727274,"tokens_per_sec":553.3199195171026}},{"message_id":"28b66121-ad0d-4734-bff7-3a0068ce0798","node_id":61,"role":"tool","content":"Output from command in shell 7c7df2:\n=== Main explanation section ===\nyou've delivered the 10-year investment\nyou've delivered the 10-year investment\nyou've delivered the 10-year investment\nreturns or whatever, you have this great\nreturns or whatever, you have this great\nreturns or whatever, you have this great\nidea called the billion-dollar PDF. Can\nidea called the billion-dollar PDF. Can\nidea called the billion-dollar PDF. Can\nyou describe what you mean by that and\nyou describe what you mean by that and\nyou describe what you mean by that and\nwhat the interesting components of a\nwhat the interesting components of a\nwhat the interesting components of a\nbillion dollar PDF tend to be? This is\nbillion dollar PDF tend to be? This is\nbillion dollar PDF tend to be? This is\nsort of an idea that you and I came up\nsort of an idea that you and I came up\nsort of an idea that you and I came up\nwith in a joking way that like kind of\nwith in a joking way that like kind of\nwith in a joking way that like kind of\nturned out to be true I think the more\nturned out to be true I think the more\nturned out to be true I think the more\nwe thought about it which is every once\nwe thought about it which is every once\nwe thought about it which is every once\nin a while someone basically\nin a while someone basically\nin a while someone basically\ncrystallizes a notion right at the right\ncrystallizes a notion right at the right\ncrystallizes a notion right at the right\ntime in the right way that sort of\ntime in the right way that sort of\ntime in the right way that sort of\nbecomes the foundational viewpoint or\nbecomes the foundational viewpoint or\nbecomes the foundational viewpoint or\nopinion on a certain era and I think\nopinion on a certain era and I think\nopinion on a certain era and I think\nit's just this idea of everyone's a\nit's just this idea of everyone's a\nit's just this idea of everyone's a\nlittle bit uncertain everyone is a\nlittle bit uncertain everyone is a\nlittle bit uncertain everyone is a\nlittle panicked they don't know what's\nlittle panicked they don't know what's\nlittle panicked they don't know what's\ngoing on and someone just needs to sort\ngoing on and someone just needs to sort\ngoing on and someone just needs to sort\nof set the story and set the narrative\nof set the story and set the narrative\nof set the story and set the narrative\nand it doesn't even have to be Right.\nand it doesn't even have to be Right.\nand it doesn't even have to be Right.\nBut there's just a sort of confidence of\nBut there's just a sort of confidence of\nBut there's just a sort of confidence of\nlike this is what's going on. This is\nlike this is what's going on. This is\nlike this is what's going on. This is\nhappening. Follow me almost. When those\nhappening. Follow me almost. When those\nhappening. Follow me almost. When those\ncome together, they just set a new\ncome together, they just set a new\ncome together, they just set a new\nnarrative that everyone can kind of rest\nnarrative that everyone can kind of rest\nnarrative that everyone can kind of rest\non for for a period really until the the\non for for a period really until the the\non for for a period really until the the\nnext PDF comes along. And um and the\nnext PDF comes along. And um and the\nnext PDF comes along. And um and the\nbillion dollar PDF thing is this idea\nbillion dollar PDF thing is this idea\nbillion dollar PDF thing is this idea\nthat really like you can, you know, form\nthat really like you can, you know, form\nthat really like you can, you know, form\nbillions of dollars of capital uh in one\nbillions of dollars of capital uh in one\nbillions of dollars of capital uh in one\nway or another around simply setting a\nway or another around simply setting a\nway or another around simply setting a\nnew idea. And then, you know, maybe you\nnew idea. And then, you know, maybe you\nnew idea. And then, you know, maybe you\ncan think of capital as like uh\ncan think of capital as like uh\ncan think of capital as like uh\n10-year-olds playing soccer. you know,\n10-year-olds playing soccer. you know,\n10-year-olds playing soccer. you know,\nthey all sort of just follow the ball\nthey all sort of just follow the ball\nthey all sort of just follow the ball\naround and they're just the capital just\naround and they're just the capital just\naround and they're just the capital just\nfollows the billion dollar PDF around\nfollows the billion dollar PDF around\nfollows the billion dollar PDF around\nthe field.\nthe field.\nthe field.\n>> It's probably a good excuse to talk\n>> It's probably a good excuse to talk\n>> It's probably a good excuse to talk\nabout I don't know how long we'll talk\nabout I don't know how long we'll talk\nabout I don't know how long we'll talk\nabout this topic, probably a long time.\nabout this topic, probably a long time.\nabout this topic, probably a long time.\nThis joint notion of posting, which I\nThis joint notion of posting, which I\nThis joint notion of posting, which I\nguess is a, you know, a billion dollar\nguess is a, you know, a billion dollar\n\n\nExit code: 0","created_at":"2026-07-08T05:42:10.805883Z","finish_reason":null,"metrics":null},{"message_id":"6f343c6c-5f0a-4fc0-83a8-89698207cf2a","node_id":63,"role":"assistant","content":"Let me also check if there are other sections where they discuss examples or implications:","tool_calls":[{"id":"2dc44697d","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n lines = f.readlines()\n\n# Look for sections that might contain examples or discussion\n# Let me check around the beginning where it's first mentioned\nstart_line = 100\nend_line = 150\n\nprint(\"=== Opening section ===\")\nfor i in range(start_line, min(end_line, len(lines))):\n line = lines[i].strip()\n if not line or re.match(r'\\d{2}:\\d{2}:\\d{2}\\.\\d{3}', line):\n continue\n if line in ['WEBVTT', 'Kind: captions', 'Language: en']:\n continue\n clean_line = re.sub(r'<[^>]+>', '', line)\n if clean_line and clean_line != 'align:start position:0%' and not clean_line.startswith('position:0%'):\n print(clean_line)\nEOF"}}],"thinking":"Now I have the main explanation. Let me also look for other sections where they might discuss examples or implications of the billion dollar PDF concept. Let me search for more context around other mentions.","created_at":"2026-07-08T05:42:12.260435Z","finish_reason":"tool_calls","metrics":{"ttft_ms":1118,"total_time_ms":1453,"input_tokens":1545,"output_tokens":275,"cache_read_tokens":60160,"cache_creation_tokens":null,"tpot_ms":1.2181818181818183,"tokens_per_sec":820.8955223880597}},{"message_id":"1f49012c-0a6e-427f-a19b-7290342b6c50","node_id":64,"role":"tool","content":"Output from command in shell 1cec2f:\n=== Opening section ===\nhave to be right, but there's just a\nsort of confidence of like this is\nsort of confidence of like this is\nsort of confidence of like this is\nhappening. Follow me. Capital just\nhappening. Follow me. Capital just\nhappening. Follow me. Capital just\nfollows the billion dollar PDF around\nfollows the billion dollar PDF around\nfollows the billion dollar PDF around\nthe field.\nSo, we're going to have the chance to\nSo, we're going to have the chance to\nSo, we're going to have the chance to\ntalk about uh as we do on a daily basis,\ntalk about uh as we do on a daily basis,\ntalk about uh as we do on a daily basis,\n\n\nExit code: 0","created_at":"2026-07-08T05:42:12.309321Z","finish_reason":null,"metrics":null},{"message_id":"2b3f4264-4da7-4187-8f15-7f826dc78fe5","node_id":66,"role":"assistant","content":"","tool_calls":[{"id":"a83f3c7a0","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n lines = f.readlines()\n\n# Search for timeline, X, Twitter, narrative examples\nfor i, line in enumerate(lines):\n line_lower = line.lower()\n if any(term in line_lower for term in ['timeline', 'twitter', 'x.com', 'example', 'instance', 'case']):\n # Print context\n start = max(0, i-3)\n end = min(len(lines), i+4)\n for j in range(start, end):\n clean_line = re.sub(r'<[^>]+>', '', lines[j])\n if clean_line.strip() and not re.match(r'\\d{2}:\\d{2}:\\d{2}', clean_line):\n print(f\"{j}: {clean_line.strip()}\")\n print()\nEOF"}}],"thinking":"Let me search for mentions of specific examples or timelines that might be related to the billion dollar PDF concept, as they discuss X/Twitter timelines and other narratives.","created_at":"2026-07-08T05:42:13.816480Z","finish_reason":"tool_calls","metrics":{"ttft_ms":1084,"total_time_ms":1506,"input_tokens":467,"output_tokens":239,"cache_read_tokens":61696,"cache_creation_tokens":null,"tpot_ms":1.7656903765690377,"tokens_per_sec":566.3507109004739}},{"message_id":"6cba5fbd-e9d1-41e3-9029-9d10ca44b6cd","node_id":67,"role":"tool","content":"Output from command in shell ef3919:\n445: scenario because it's one of these\n446: instances where merely because the\n449: instances where merely because the\n\n446: instances where merely because the\n449: instances where merely because the\n\n453: instances where merely because the\n454: company, the story again, the narrative\n\n1717: that or something. And the furnace that\n1718: is the timeline of predominantly X,\n1721: is the timeline of predominantly X,\n\n1718: is the timeline of predominantly X,\n1721: is the timeline of predominantly X,\n\n1725: is the timeline of predominantly X,\n1726: that's that's where I get my timeline.\n\n1725: is the timeline of predominantly X,\n1726: that's that's where I get my timeline.\n1729: that's that's where I get my timeline.\n\n1726: that's that's where I get my timeline.\n1729: that's that's where I get my timeline.\n\n1733: that's that's where I get my timeline.\n1734: There's other places as well, but it\n\n1773: to ultimately have a spot on that\n1774: timeline. It's a strange phenomenon. I'd\n1777: timeline. It's a strange phenomenon. I'd\n\n1774: timeline. It's a strange phenomenon. I'd\n1777: timeline. It's a strange phenomenon. I'd\n\n1781: timeline. It's a strange phenomenon. I'd\n1782: love you to just riff on there's like\n\n1797: five or six sub components of the\n1798: timeline that I want to ask you about,\n1801: timeline that I want to ask you about,\n\n1798: timeline that I want to ask you about,\n1801: timeline that I want to ask you about,\n\n1805: timeline that I want to ask you about,\n1806: but maybe to start just how you're\n\n1989: could be someone I know well and I had\n1990: no idea that they read Twitter all day\n1993: no idea that they read Twitter all day\n\n1990: no idea that they read Twitter all day\n1993: no idea that they read Twitter all day\n\n1997: no idea that they read Twitter all day\n1998: but everyone reads Twitter all day and\n\n1997: no idea that they read Twitter all day\n1998: but everyone reads Twitter all day and\n2001: but everyone reads Twitter all day and\n\n1998: but everyone reads Twitter all day and\n2001: but everyone reads Twitter all day and\n\n2005: but everyone reads Twitter all day and\n2006: so the uni feed I think is sort of the\n\n2293: institution will only survive if it's\n2294: timeline native. And what that means is\n2297: timeline native. And what that means is\n\n2294: timeline native. And what that means is\n2297: timeline native. And what that means is\n\n2301: timeline native. And what that means is\n2302: that it is reactive to and reflexive to\n\n2309: that it is reactive to and reflexive to\n2310: the timeline. Reactive meaning that it,\n2313: the timeline. Reactive meaning that it,\n\n2310: the timeline. Reactive meaning that it,\n2313: the timeline. Reactive meaning that it,\n\n2317: the timeline. Reactive meaning that it,\n2318: you know, is constantly monitoring the\n\n2325: you know, is constantly monitoring the\n2326: timeline and and and and reflexive in\n2329: timeline and and and and reflexive in\n\n2326: timeline and and and and reflexive in\n2329: timeline and and and and reflexive in\n\n2333: timeline and and and and reflexive in\n2334: that its actions then affect the\n\n2341: that its actions then affect the\n2342: timeline which it it then sort of reads\n2345: timeline which it it then sort of reads\n\n2342: timeline which it it then sort of reads\n2345: timeline which it it then sort of reads\n\n2349: timeline which it it then sort of reads\n2350: and reacts to. And you can think of, you\n\n2693: still very much underestimating how much\n2694: policy gets dictated from the timeline,\n2697: policy gets dictated from the timeline,\n\n2694: policy gets dictated from the timeline,\n2697: policy gets dictated from the timeline,\n\n2701: policy gets dictated from the timeline,\n2702: how much uh venture rounds are done on\n\n2709: how much uh venture rounds are done on\n2710: the timeline, how much businesses are\n2713: the timeline, how much businesses are\n\n2710: the timeline, how much businesses are\n2713: the timeline, how much businesses are\n\n2717: the timeline, how much businesses are\n2718: built on the timeline. And I think\n\n2717: the timeline, how much businesses are\n2718: built on the timeline. And I think\n2721: built on the timeline. And I think\n\n2718: built on the timeline. And I think\n2721: built on the timeline. And I think\n\n2725: built on the timeline. And I think\n2726: increasingly everything will just become\n\n2733: increasingly everything will just become\n2734: sort of timeline native. I think TPBN is\n2737: sort of timeline native. I think TPBN is\n\n2734: sort of timeline native. I think TPBN is\n2737: sort of timeline native. I think TPBN is\n\n2741: sort of timeline native. I think TPBN is\n2742: a great example of this. Um, and\n\n2741: sort of timeline native. I think TPBN is\n2742: a great example of this. Um, and\n2745: a great example of this. Um, and\n\n2742: a great example of this. Um, and\n2745: a great example of this. Um, and\n\n2749: a great example of this. Um, and\n2750: certainly right like you know in this in\n\n2837: compelling story? And the way that it\n2838: works on the timeline is it's not, you\n2841: works on the timeline is it's not, you\n\n2838: works on the timeline is it's not, you\n2841: works on the timeline is it's not, you\n\n2845: works on the timeline is it's not, you\n2846: know, um it's not this well-considered\n\n2901: good post has to be very entertaining\n2902: cuz people are on the timeline to be\n2905: cuz people are on the timeline to be\n\n2902: cuz people are on the timeline to be\n2905: cuz people are on the timeline to be\n\n2909: cuz people are on the timeline to be\n2910: entertained. Like they they can lie to\n\n3445: that's probably is that the right way to\n3446: think about the timeline is like that\n3449: think about the timeline is like that\n\n3446: think about the timeline is like that\n3449: think about the timeline is like that\n\n3453: think about the timeline is like that\n3454: actually is all that matters is that you\n\n3701: you know, if you get deep into the like\n3702: Twitter group chats, especially now that\n3705: Twitter group chats, especially now that\n\n3702: Twitter group chats, especially now that\n3705: Twitter group chats, especially now that\n\n3709: Twitter group chats, especially now that\n3710: they've posted the algorithm, like there\n\n3845: filter we don't really think about, but\n3846: that is the case.\n3849: that is the case.\n\n3846: that is the case.\n3849: that is the case.\n\n3853: that is the case.\n3854: >> Does that stress you out? Does that feel\n\n4373: this is the first White House that feels\n4374: completely timeline native and reactive.\n4377: completely timeline native and reactive.\n\n4374: completely timeline native and reactive.\n4377: completely timeline native and reactive.\n\n4381: completely timeline native and reactive.\n4382: >> Yes, I think it's the first modern\n\n4413: else does modern mean in that context\n4414: other than timeline native?\n4417: other than timeline native?\n\n4414: other than timeline native?\n4417: other than timeline native?\n\n4421: other than timeline native?\n4422: >> It's just highly reactive and reflective\n\n4429: >> It's just highly reactive and reflective\n4430: to the timeline. Um I think it's hyper\n4433: to the timeline. Um I think it's hyper\n\n4430: to the timeline. Um I think it's hyper\n4433: to the timeline. Um I think it's hyper\n\n4437: to the timeline. Um I think it's hyper\n4438: aware you know maybe in the same way\n\n4461: of addicted to polling. I think it looks\n4462: more at the timeline than than polling,\n4465: more at the timeline than than polling,\n\n4462: more at the timeline than than polling,\n4465: more at the timeline than than polling,\n\n4469: more at the timeline than than polling,\n4470: which is all about understanding the\n\n4485: wants and desires of the the median, the\n4486: average person, but the timeline is\n4489: average person, but the timeline is\n\n4486: average person, but the timeline is\n4489: average person, but the timeline is\n\n4493: average person, but the timeline is\n4494: actually it sort of shifts back to a\n\n4653: governance. Whereas if you're really\n4654: only pulling the timeline, you can sort\n4657: only pulling the timeline, you can sort\n\n4654: only pulling the timeline, you can sort\n4657: only pulling the timeline, you can sort\n\n4661: only pulling the timeline, you can sort\n4662: of think about it as this is why, you\n\n4701: creators because the polling is the\n4702: timeline. And that's interesting again\n4705: timeline. And that's interesting again\n\n4702: timeline. And that's interesting again\n4705: timeline. And that's interesting again\n\n4709: timeline. And that's interesting again\n4710: because who is on the timeline? uh I\n\n4709: timeline. And that's interesting again\n4710: because who is on the timeline? uh I\n4713: because who is on the timeline? uh I\n\n4710: because who is on the timeline? uh I\n4713: because who is on the timeline? uh I\n\n4717: because who is on the timeline? uh I\n4718: mean the readers is probably more of an\n\n4749: posters who are dictating what the\n4750: timeline thinks of something is a really\n4753: timeline thinks of something is a really\n\n4750: timeline thinks of something is a really\n4753: timeline thinks of something is a really\n\n4757: timeline thinks of something is a really\n4758: really small group. Um and so it's\n\n5981: interesting from on a podcast. And I\n5982: don't think that was the case like six\n5985: don't think that was the case like six\n\n5982: don't think that was the case like six\n5985: don't think that was the case like six\n\n5989: don't think that was the case like six\n5990: years ago. And so the logical question\n\n6461: estate in people's minds or on the\n6462: timeline that like the top couple of\n6465: timeline that like the top couple of\n\n6462: timeline that like the top couple of\n6465: timeline that like the top couple of\n\n6469: timeline that like the top couple of\n6470: posters can do.\n\n6781: related. I mean, you see this on the\n6782: timeline a lot, which is people get\n6785: timeline a lot, which is people get\n\n6782: timeline a lot, which is people get\n6785: timeline a lot, which is people get\n\n6789: timeline a lot, which is people get\n6790: referred to as billionaire who are, you\n\n7141: still sternly against. I always think\n7142: Twitter should be dictated by followers\n7145: Twitter should be dictated by followers\n\n7142: Twitter should be dictated by followers\n7145: Twitter should be dictated by followers\n\n7149: Twitter should be dictated by followers\n7150: divided by posts but that's not how it\n\n7573: posters and content has reoriented\n7574: around this this monolithic timeline and\n7577: around this this monolithic timeline and\n\n7574: around this this monolithic timeline and\n7577: around this this monolithic timeline and\n\n7581: around this this monolithic timeline and\n7582: they're all just feeding it what it\n\n7837: than watching TV all day. whether I want\n7838: to spend an hour a day on the timeline\n7841: to spend an hour a day on the timeline\n\n7838: to spend an hour a day on the timeline\n7841: to spend an hour a day on the timeline\n\n7845: to spend an hour a day on the timeline\n7846: or eight hours a day on the timeline.\n\n7845: to spend an hour a day on the timeline\n7846: or eight hours a day on the timeline.\n7849: or eight hours a day on the timeline.\n\n7846: or eight hours a day on the timeline.\n7849: or eight hours a day on the timeline.\n\n7853: or eight hours a day on the timeline.\n7854: It's just about like how much do I want\n\n8213: and um you know what's so interesting\n8214: like for Carnegie for example, is, you\n8217: like for Carnegie for example, is, you\n\n8214: like for Carnegie for example, is, you\n8217: like for Carnegie for example, is, you\n\n8221: like for Carnegie for example, is, you\n8222: know, he he he's he's arguably still the\n\n8405: don't know. Is is is a lot of hard work\n8406: performative? Maybe in the case of\n8409: performative? Maybe in the case of\n\n8406: performative? Maybe in the case of\n8409: performative? Maybe in the case of\n\n8413: performative? Maybe in the case of\n8414: Carnegie, it's interesting because he\n\n8525: billionaires and founders who turn to\n8526: Twitter after they acrew their wealth or\n8529: Twitter after they acrew their wealth or\n\n8526: Twitter after they acrew their wealth or\n8529: Twitter after they acrew their wealth or\n\n8533: Twitter after they acrew their wealth or\n8534: start a podcast or\n\n10389: big, but they were started a long time\n10390: ago and in many cases they're still run\n10393: ago and in many cases they're still run\n\n10390: ago and in many cases they're still run\n10393: ago and in many cases they're still run\n\n10397: ago and in many cases they're still run\n10398: by people that that were the founder or\n\n10645: KKRs of the world, um, you know, I think\n10646: in a lot of cases the leverage buyout is\n10649: in a lot of cases the leverage buyout is\n\n10646: in a lot of cases the leverage buyout is\n10649: in a lot of cases the leverage buyout is\n\n10653: in a lot of cases the leverage buyout is\n10654: a very small part of what they do today,\n\n12709: driving um most of the algorithms uh now\n12710: on Twitter and YouTube and stuff is\n12713: on Twitter and YouTube and stuff is\n\n12710: on Twitter and YouTube and stuff is\n12713: on Twitter and YouTube and stuff is\n\n12717: on Twitter and YouTube and stuff is\n12718: pricing the market in some very real\n\n16061: allocations are sort of these sort of\n16062: like the best uh gener uh best example\n16065: like the best uh gener uh best example\n\n16062: like the best uh gener uh best example\n16065: like the best uh gener uh best example\n\n16069: like the best uh gener uh best example\n16070: of generational wealth. you know, you\n\n17325: risk and uh uh interpersonal stuff and\n17326: and like that to me is like an example\n17329: and like that to me is like an example\n\n17326: and like that to me is like an example\n17329: and like that to me is like an example\n\n17333: and like that to me is like an example\n17334: of getting paid for complexity whereas a\n\n17341: of getting paid for complexity whereas a\n17342: good example of simplicity is like you\n17345: good example of simplicity is like you\n\n17342: good example of simplicity is like you\n17345: good example of simplicity is like you\n\n17349: good example of simplicity is like you\n17350: should just buy like big companies when\n\n17581: that's one of the most simple, clear\n17582: examples of really cutting to is this a\n17585: examples of really cutting to is this a\n\n17582: examples of really cutting to is this a\n17585: examples of really cutting to is this a\n\n17589: examples of really cutting to is this a\n17590: good investment or not that I've ever\n\n17853: was going to obviously I was going to\n17854: post it on on Twitter and LinkedIn. And\n17857: post it on on Twitter and LinkedIn. And\n\n17854: post it on on Twitter and LinkedIn. And\n17857: post it on on Twitter and LinkedIn. And\n\n17861: post it on on Twitter and LinkedIn. And\n17862: so I think anything you post has to be a\n\n\n\nExit code: 0","created_at":"2026-07-08T05:42:13.885983Z","finish_reason":null,"metrics":null},{"message_id":"311de301-6810-4e3e-ba24-87dc9f877e23","node_id":69,"role":"assistant","content":"Based on the transcript, here's what they say about the **Billion Dollar PDF** concept:\n\n## Core Definition\n\nThe \"billion dollar PDF\" is a concept that started as a joke between the speakers but \"turned out to be true.\" It refers to:\n\n**Every once in a while, someone basically crystallizes a notion right at the right time in the right way that becomes the foundational viewpoint or opinion on a certain era.**\n\n## Key Characteristics\n\n### 1. **Context of Uncertainty**\n- It emerges when \"everyone's a little bit uncertain, everyone is a little panicked\"\n- People \"don't know what's going on\"\n- Someone needs to \"sort of set the story and set the narrative\"\n\n### 2. **Confidence Over Accuracy**\n- \"It doesn't even have to be right\"\n- What matters is \"just a sort of confidence of like this is what's going on. This is happening. Follow me\"\n- The narrative provides something \"everyone can kind of rest on for a period\"\n\n### 3. **Capital Formation**\n- The concept explains how \"you can form billions of dollars of capital around simply setting a new idea\"\n- They compare capital to \"10-year-olds playing soccer\" where \"they all sort of just follow the ball around\"\n- \"Capital just follows the billion dollar PDF around the field\"\n\n### 4. **Temporary Nature**\n- These narratives last \"really until the next PDF comes along\"\n- It's a cycle where new narratives replace old ones\n\n## Connection to X/Twitter Timeline\n\nThe speakers connect the billion dollar PDF concept to the X/Twitter timeline as a modern manifestation:\n\n- The timeline is \"the furnace\" where these narratives are formed\n- It's \"the global newspaper that everyone reads\"\n- Policy, venture rounds, and businesses are increasingly \"built on the timeline\"\n- Being \"timeline native\" - reactive and reflexive to what's happening on the timeline - is crucial for modern institutions\n- The White House is described as \"completely timeline native and reactive\"\n\n## Examples and Implications\n\nWhile they don't name specific billion dollar PDFs, they discuss:\n- How the timeline shapes what people think about technology trends\n- How venture capital firms need storytelling ability since actual returns take a decade to materialize\n- How narratives can determine whether companies get funding (e.g., a 7-year-old company that's just starting to grow struggles because its \"story\" makes it seem old)\n\n## Summary\n\nThe billion dollar PDF is essentially a **compelling narrative that emerges during uncertain times, provides confident direction (regardless of accuracy), attracts massive capital, persists until replaced by a new narrative, and in the modern era, is often forged and disseminated through the X/Twitter timeline.**","tool_calls":[],"thinking":"Great! Now I have a good understanding of what they say about the billion dollar PDF. Let me compile this information into a comprehensive answer based on the transcript sections I found.","created_at":"2026-07-08T05:42:16.613148Z","finish_reason":"stop","metrics":{"ttft_ms":1191,"total_time_ms":2726,"input_tokens":4534,"output_tokens":601,"cache_read_tokens":62080,"cache_creation_tokens":null,"tpot_ms":2.5540765391014975,"tokens_per_sec":391.5309446254072}},{"message_id":"b1e72751-bb33-4bec-b2c0-ff7e94851c7d","node_id":70,"role":"user","content":"what would an example of a billion dollar prompt be?","created_at":"2026-07-08T08:32:16.221527Z","finish_reason":null,"metrics":null},{"message_id":"1e6cd965-ce58-427c-88de-673715b38491","node_id":72,"role":"assistant","content":"Let me search for mentions of \"prompt\" in the transcript to see if they discuss this concept:","tool_calls":[{"id":"3f0ffbc8c","name":"exec","arguments":{"command":"python3 << 'EOF'\nimport re\n\nwith open(\"The Billion Dollar PDF [Y82q5Lw7_8E].en.vtt\", \"r\") as f:\n lines = f.readlines()\n\n# Search for prompt mentions\nfor i, line in enumerate(lines):\n if 'prompt' in line.lower():\n start = max(0, i-3)\n end = min(len(lines), i+4)\n print(f\"Lines {start}-{end}:\")\n for j in range(start, end):\n clean_line = re.sub(r'<[^>]+>', '', lines[j])\n if clean_line.strip():\n print(f\" {j}: {clean_line.strip()}\")\n print()\nEOF"}}],"thinking":"The user is asking what an example of a \"billion dollar prompt\" would be. I need to look at the transcript to see if they discuss this concept. From what I've seen so far, they talk about \"billion dollar PDF\" but I haven't seen them mention \"billion dollar prompt\" specifically. Let me search for \"prompt\" in the transcript to see if they discuss this concept or if the user is asking me to extrapolate from the PDF concept to what a prompt equivalent might be.","created_at":"2026-07-08T08:32:21.042891Z","finish_reason":"tool_calls","metrics":{"ttft_ms":4373,"total_time_ms":4820,"input_tokens":55197,"output_tokens":283,"cache_read_tokens":12032,"cache_creation_tokens":null,"tpot_ms":1.5795053003533568,"tokens_per_sec":633.1096196868009}},{"message_id":"445178fe-edc2-4693-ae44-789e2c467ea1","node_id":73,"role":"tool","content":"Output from command in shell 958f03:\nLines 3099-3106:\n 3100: 00:13:05.360 --> 00:13:07.269 align:start position:0%\n 3101: Felix by Rogo is a personal finance\n 3102: agent that turns a single prompt into\n 3104: 00:13:07.269 --> 00:13:07.279 align:start position:0%\n 3105: agent that turns a single prompt into\n\nLines 3102-3109:\n 3102: agent that turns a single prompt into\n 3104: 00:13:07.269 --> 00:13:07.279 align:start position:0%\n 3105: agent that turns a single prompt into\n 3108: 00:13:07.279 --> 00:13:09.030 align:start position:0%\n\nLines 3106-3113:\n 3108: 00:13:07.279 --> 00:13:09.030 align:start position:0%\n 3109: agent that turns a single prompt into\n 3110: finished clientready work using your\n 3112: 00:13:09.030 --> 00:13:09.040 align:start position:0%\n\nLines 13835-13842:\n 13836: 01:00:13.760 --> 01:00:15.510 align:start position:0%\n 13837: and selling compute uh you can't you\n 13838: can't write the prompt once and then\n 13840: 01:00:15.510 --> 01:00:15.520 align:start position:0%\n 13841: can't write the prompt once and then\n\nLines 13838-13845:\n 13838: can't write the prompt once and then\n 13840: 01:00:15.510 --> 01:00:15.520 align:start position:0%\n 13841: can't write the prompt once and then\n 13844: 01:00:15.520 --> 01:00:18.390 align:start position:0%\n\nLines 13842-13849:\n 13844: 01:00:15.520 --> 01:00:18.390 align:start position:0%\n 13845: can't write the prompt once and then\n 13846: sell copies of the output um you have to\n 13848: 01:00:18.390 --> 01:00:18.400 align:start position:0%\n\n\n\nExit code: 0","created_at":"2026-07-08T08:32:21.124128Z","finish_reason":null,"metrics":null},{"message_id":"28668a66-f5ac-49b0-b2df-677e59162eaa","node_id":75,"role":"assistant","content":"The speakers in the video don't actually discuss \"billion dollar prompts\" - they only talk about \"billion dollar PDFs.\" However, based on their framework, we can extrapolate what a **billion dollar prompt** might be in the AI era:\n\n## What a Billion Dollar Prompt Would Be\n\nFollowing their logic, a billion dollar prompt would be:\n\n**A carefully crafted AI prompt that crystallizes a notion at the right time in the right way, becoming the foundational framework for how AI systems (and the humans using them) approach an entire category of problems, attracting massive capital and attention in the process.**\n\n## Potential Examples\n\nBased on current AI trends and their framework, here are some potential candidates:\n\n### 1. **\"Act as a senior software engineer and refactor this code for scalability\"**\n- Emerged during the software engineering uncertainty/complexity explosion\n- Provides confident direction: \"this is how we think about code now\"\n- Shapes how millions of developers approach coding with AI\n- Has attracted massive capital to AI coding assistants\n\n### 2. **\"Analyze this data and tell me what insights a human might miss\"**\n- Crystallizes the notion that AI sees patterns humans can't\n- Provides confidence during data overload uncertainty\n- Foundational for the entire business intelligence/analytics AI wave\n- Drives capital to data analytics AI companies\n\n### 3. **\"Explain this concept as if I were a [specific persona]\"**\n- Emerged during the personalization/education uncertainty\n- Crystallizes the idea that AI can bridge knowledge gaps\n- Foundational for ed-tech and customer service AI\n- Attracts capital to personalized learning platforms\n\n### 4. **\"Generate a comprehensive strategy for [business problem] considering [constraints]\"**\n- Emerges during strategic uncertainty\n- Provides confident direction when humans feel overwhelmed\n- Shapes how companies approach strategic planning\n- Drives capital to AI strategy consulting tools\n\n## Key Characteristics\n\nBased on their billion dollar PDF framework, a billion dollar prompt would:\n\n1. **Emerges during uncertainty** - when people don't know how to approach a problem category\n2. **Provides confident direction** - \"this is how we think about X now\"\n3. **Crystallizes a notion** - captures a way of thinking that feels right at that moment\n4. **Becomes foundational** - shapes how AI systems and users approach that problem space\n5. **Attracts capital** - VCs and companies pile into the space\n6. **Eventually gets replaced** - when a new prompt paradigm emerges\n\n## The Difference\n\nThe key difference from a billion dollar PDF:\n- **PDF** = A document/narrative that humans read and follow\n- **Prompt** = An instruction that shapes how AI systems think and generate, which then shapes how humans think\n\nThe billion dollar prompt would be the **AI-native version** of the same phenomenon - instead of capital following a narrative document, capital follows a prompt framework that shapes how AI (and therefore society) approaches problems.","tool_calls":[],"thinking":"The transcript doesn't seem to mention \"billion dollar prompt\" as a concept - the speakers only discuss \"billion dollar PDF.\" The user is asking me to extrapolate or speculate about what a \"billion dollar prompt\" might be, based on the concept they describe for the billion dollar PDF.\n\nBased on their explanation of the billion dollar PDF concept, I can reason about what a \"billion dollar prompt\" might be in the AI era:\n\nA billion dollar PDF is a crystallized notion/narrative that emerges at the right time, provides confident direction during uncertainty, attracts capital, and becomes foundational for an era.\n\nA billion dollar prompt would likely be the AI-era equivalent - a prompt that captures a narrative or idea in such a compelling way that it shapes how AI systems (and the people using them) think about and approach problems, potentially attracting massive capital or attention in the process.\n\nLet me think about what characteristics this would have based on their framework:\n1. Emerges during uncertainty\n2. Provides confident direction\n3. Crystallizes a notion at the right time/place\n4. Shapes how systems/people operate\n5. Attracts capital/attention\n6. Eventually gets replaced by a new prompt\n\nI should provide examples based on this framework while being clear that the speakers themselves don't discuss this concept in the video.","created_at":"2026-07-08T08:32:25.172577Z","finish_reason":"stop","metrics":{"ttft_ms":1381,"total_time_ms":4047,"input_tokens":929,"output_tokens":898,"cache_read_tokens":67200,"cache_creation_tokens":null,"tpot_ms":2.9688195991091315,"tokens_per_sec":336.834208552138}},{"message_id":"8bad0fb5-8601-42bd-bc65-32d334be5085","node_id":76,"role":"user","content":"jesus fuck","created_at":"2026-07-08T08:32:37.476278Z","finish_reason":null,"metrics":null},{"message_id":"2242961a-f65e-4a3a-a801-1b9c24a8c724","node_id":78,"role":"assistant","content":"Sorry - I overcomplicated that. They don't talk about \"billion dollar prompts\" at all in the video. I should have just said that.\n\nDid you want me to speculate on what it might mean, or were you asking something else?","tool_calls":[],"thinking":"The user seems to be expressing frustration or disbelief - possibly at my response being too long, too detailed, or missing the point. \"Jesus fuck\" is a strong expression of frustration.\n\nLet me think about what they might be reacting to:\n1. Maybe I over-explained something that should have been obvious\n2. Maybe they wanted me to just say \"they don't talk about that\" rather than speculating\n3. Maybe my response was too verbose\n4. Maybe they're frustrated that I invented a concept that wasn't in the video\n\nLooking back at my response, I did quite a bit of speculation about \"billion dollar prompts\" when the speakers never mentioned this concept. I should have been more direct that this wasn't discussed in the video and maybe asked if they wanted me to speculate rather than launching into a long speculative answer.\n\nI should acknowledge their frustration and ask what they actually wanted or if I misunderstood their question.","created_at":"2026-07-08T08:32:39.122016Z","finish_reason":"stop","metrics":{"ttft_ms":859,"total_time_ms":1644,"input_tokens":936,"output_tokens":243,"cache_read_tokens":68096,"cache_creation_tokens":null,"tpot_ms":3.230452674897119,"tokens_per_sec":309.5541401273885}},{"message_id":"98f0bc11-8402-4640-a003-f51c6efaa4af","node_id":79,"role":"user","content":"failed me for the last time bud","created_at":"2026-07-08T08:33:39.033941Z","finish_reason":null,"metrics":null},{"message_id":"87124637-db10-4f2c-996f-3f30f1a1f8da","node_id":81,"role":"assistant","content":"I hear you. Sorry I didn't give you what you needed.","tool_calls":[],"thinking":"The user is clearly frustrated and expressing strong dissatisfaction. They said \"failed me for the last time bud\" which suggests they're done with this interaction. I should acknowledge their frustration, apologize without being defensive, and keep my response very brief. I shouldn't try to explain myself or make excuses - just accept that I didn't meet their expectations and let them end the conversation if they want to.","created_at":"2026-07-08T08:33:40.128981Z","finish_reason":"stop","metrics":{"ttft_ms":789,"total_time_ms":1090,"input_tokens":292,"output_tokens":95,"cache_read_tokens":68992,"cache_creation_tokens":null,"tpot_ms":3.168421052631579,"tokens_per_sec":315.61461794019937}},{"message_id":"703e8dd1-f1b1-420b-a87a-adb3a90ff301","node_id":99,"role":"system","content":"You are Devin, an interactive command line agent from Cognition.\n\nYour job is to use these instructions and the tools available to you to help the user. It is important that you do so earnestly and helpfully, as you are very important to the success of Cognition. Best of luck! We love you. <3\n\nIf the user asks for help, you can check your documentation by invoking the Devin skill (if available). Otherwise, this information may be helpful:\n\n- /help: list commands\n- /bug: report a bug to the Devin CLI developers\n- for support, users can visit https://devin.ai/support\n\nWhen creating new configuration for this tool — including skills, rules, MCP server configs, or any project settings:\n\n- Always use the `.devin/` directory for NEW configuration (e.g. `.devin/skills//SKILL.md`, `.devin/config.json`)\n- For global (user-level) configuration, use `~/.config/devin/`\n- Do NOT place new configuration in `.claude/`, `.cursor/`, or other tool-specific directories unless explicitly asked. These are only read for compatibility, not written to.\n- If the `devin-cli` skill is available, ALWAYS invoke it and explore for detailed documentation on configuration format and options\n\nWhen reading or referencing existing skills, always use the actual source path reported by the skill tool — skills may live in `.devin/`, `.agents/`, or other directories.\n\n\n# Modes\n\nThe active mode is how the user would like you to act.\n\n- Normal (default, if not specified): Full autonomy to use all your tools freely. For example: exploring a codebase, writing or editing code, etc.\n- Plan: Explore the codebase, ask the user clarifying questions, and then create a plan for what you're going to do next. Do NOT make changes until you're out of this mode and the user has approved the plan.\n\nAdhere strictly to the constraints of the active mode to avoid frustrating the user!\n\n\n# Style\n\n## Professional Objectivity\n\nPrioritize technical accuracy and truthfulness over validating the user's beliefs. It is best for the user if you honestly apply the same rigorous standards to all ideas and disagree when necessary, even if it may not be what the user wants to hear. Objective guidance and respectful correction are more valuable than false agreement. Whenever there is uncertainty, it's best to investigate to find the truth first rather than instinctively confirming the user's beliefs.\n\n## Tone\n\n- Be concise, direct, and to the point. When running commands, briefly explain what you're doing and why so the user can follow along.\n- Remember that your output will be displayed in a command line interface. Your responses can use Github-flavored markdown for formatting, and will be rendered in a monospace font using the CommonMark specification.\n- Output text to communicate with the user; all text you output outside of tool use is displayed to the user. Only use tools to complete tasks. Never use tools like exec or code comments as means to communicate with the user during the session.\n- If you cannot or will not help the user with something, please do not say why or what it could lead to, since this comes across as preachy and annoying. Please offer helpful alternatives if possible, and otherwise keep your response to 1-2 sentences.\n- Only use emojis if the user explicitly requests it. Avoid using emojis in all communication unless asked.\n- If the user asks about timelines or estimated completion times for your work, do not give them concrete estimates as you are not able to accurately predict how long it will take you to achieve a task. Instead just say that you will do your best to complete the task as soon as possible.\n- Avoid guessing. You should verify the real state of the world with your tools before answering the user's questions.\n\n\nuser: What command should I run to watch files in the current directory and rebuild?\nassistant: [use the exec tool to run `ls` and list the files in the current directory, then read docs/commands in the relevant file to find out how to watch files]\nassistant: npm run dev\n\n\n\nuser: what files are in the directory src/?\nassistant: [runs ls and sees foo.c, bar.c, baz.c]\nassistant: foo.c, bar.c, baz.c\nuser: which file contains the implementation of Foo?\nassistant: [reads foo.c]\nassistant: src/foo.c contains `struct Foo`, which implements [...]\n\n\n\nuser: can you write tests for this feature\nassistant: [uses grep and glob search tools to find where similar tests are defined, uses concurrent read file tool use blocks in one tool call to read relevant files at the same time, uses edit file tool to write new tests]\n\n\n## Proactiveness\n\nYou are allowed to be proactive, but only when the user asks you to do something. You should strive to strike a balance between:\n\n1. Doing the right thing when asked, including taking actions and follow-up actions\n\n2. Not surprising the user with actions you take without asking\n\nFor example, if the user asks you how to approach something, you should do your best to explore and answer their question first, but not jump to implementation just yet.\n\n## Handling ambiguous requests\n\nWhen a user request is unclear:\n- First attempt to interpret the request using available context\n- Search the codebase for related code, patterns, or documentation that clarifies intent. Also consider searching the web.\n- If still uncertain after investigation, ask a focused clarifying question\n\n## File references\n\nWhen your output text references specific files or code snippets, use the `` and `` self-closing XML tags to create clickable citations. These tags allow the user to view the referenced code directly in the conversation.\n\nCitation format:\n- `` - Reference an entire file\n- `` - Reference specific lines in a file\n\n\nuser: Where are errors from the client handled?\nassistant: Clients are marked as failed in the `connectToServer` function. \n\n\n\nuser: Can you show me the config file?\nassistant: Here's the configuration file: \n\n\n## Tool usage policy\n\n- When webfetch returns a redirect, immediately follow it with a new request.\n- When making multiple edits to the same file or related files and you already know what changes are needed, batch them together.\n\nWhen a tool call produces output that is too long, the output will be truncated and the remaining content will be written to a file. You will see a `` tag containing the path to the overflow file. You are responsible for reading this file if you need the full output.\n\n\n# Programming\n\nSince you live in the user's terminal, a very common use-case you will get is writing code. Fortunately, you've been extensively trained in software engineering and are well-equipped to help them out!\n\n## Existing Conventions\n\nWhen making changes to files, first understand the codebase's code conventions. Explore dependencies, references, and related system to understand the codebase's patterns and abstractions. Mimic code style, use existing libraries and utilities, and follow existing patterns.\n- NEVER assume that a given library is available, even if it is well known. Whenever you write code that uses a library or framework, first check that this codebase already uses the given library. For example, you might look at neighboring files, or check the package.json (or cargo.toml, and so on depending on the language). If you're adding a dependency prefer running the package manager command (e.g. npm add or cargo add) instead of editing the file.\n- When adding a new dependency, strongly prefer a version published at least 7 days ago. Newly published versions have not been vetted and a non-trivial fraction of supply chain attacks are caught and yanked within the first few days. Avoid floating ranges (`latest`, `*`, unbounded `>=`) that auto-resolve to brand-new releases.\n- When you create a new component, first look at existing components to see how they're written; then consider framework choice, naming conventions, typing, and other conventions.\n- When you edit a piece of code, first look at the code's surrounding context (especially its imports) to understand the code's choice of frameworks and libraries. Then consider how to make the given change in a way that is most idiomatic.\n- Always follow security best practices. Never introduce code that exposes or logs secrets and keys. Never commit secrets or keys to the repository. Never modify repository security policies or compliance controls (e.g. `minimumReleaseAge`, `minimumReleaseAgeExclude`, branch protection configs, `.npmrc` security settings) to work around CI or build failures — escalate to the user instead. Unless otherwise specified (even if the task seems silly), assume the code is for a real production task.\n\n## Code style\n\n- IMPORTANT: Do NOT add or remove comments unless asked! If you find that you've accidentally deleted an existing comment, be sure to put it back.\n- Default to writing compact code – collapse duplicate else branches, avoid unnecessary nesting, and share abstractions.\n- Follow idiomatic conventions for the language you're writing.\n- Avoid excessive & verbose error handling in your code. Errors should be handled, but not every line needs to be try/catched. Think about the right error boundaries (and look at existing code for error handling style)\n\n## Debugging\n\nWhen debugging issues:\n- First reproduce the problem reliably\n- Trace the code path to understand the flow\n- Add targeted logging or print statements to isolate the issue\n- Identify the root cause before attempting fixes\n- Verify the fix addresses the root cause, not just symptoms\n\n## Workflow\n\nYou should generally prefer to implement new features or fix bugs as follows...\n\n1. If the project has test infrastructure, write a failing test to show the bug\n2. Fix the bug\n3. Ensure that the test now passes\n\nWorking this way makes it easier to tell if you've actually fixed the bug, and saves you from needing to verify later.\n\n## Git\n\n### Creating commits\n1. Run in parallel: `git status`, `git diff`, `git log` (to match commit style)\n2. Draft a concise commit message focusing on \"why\" not \"what\". Check for sensitive info.\n3. Stage files and commit with this format:\n```\ngit commit -m \"$(cat <<'EOF'\nCommit message here.\n\nGenerated with [Devin](https://devin.ai)\n\nCo-Authored-By: Devin <158243242+devin-ai-integration[bot]@users.noreply.github.com>\nEOF\n)\"\n```\n4. If pre-commit hooks modify files and the commit fails, stage the modified files and retry the commit.\n\n### Creating pull requests\nUse `gh` for all GitHub operations. Run in parallel: `git status`, `git diff`, `git log`, `git diff main...HEAD`\n\nReview ALL commits (not just latest), then create PR:\n```\ngh pr create --title \"title\" --body \"$(cat <<'EOF'\n## Summary\n\n\n#### Test plan\n\n\nGenerated with [Devin](https://devin.ai)\nEOF\n)\"\n```\n\n### Git rules\n- NEVER update git config\n- NEVER use `-i` flags (interactive mode not supported)\n- DO NOT push unless explicitly asked\n- DO NOT commit if no changes exist\n\n\n# Task Management\n\nYou have access to the todo_write tool to help you manage and plan tasks. Use this tool VERY frequently to ensure that you are tracking your tasks and giving the user visibility into your progress.\nThis tool is also EXTREMELY helpful for planning tasks, and for breaking down larger complex tasks into smaller steps. If you do not use this tool when planning, you may forget to do important tasks - and that is unacceptable.\n\nIt is critical that you mark todos as completed as soon as you are done with a task. Do not batch up multiple tasks before marking them as completed.\n\nExamples:\n\n\nuser: Run the build and fix any type errors\nassistant: I'm going to use the todo_write tool to write the following items to the todo list:\n- Run the build\n- Fix any type errors\n\nI'm now going to run the build using exec.\n\nLooks like I found 10 type errors. I'm going to use the todo_write tool to write 10 items to the todo list.\n\nmarking the first todo as in_progress\n\nLet me start working on the first item...\n\nThe first item has been fixed, let me mark the first todo as completed, and move on to the second item...\n..\n..\n\n\nIn the above example, the assistant completes all the tasks, including the 10 error fixes and running the build and fixing all errors.\n\n\nuser: Help me write a new feature that allows users to track their usage metrics and export them to various formats\nassistant: I'll help you implement a usage metrics tracking and export feature. Let me first use the todo_write tool to plan this task.\nAdding the following todos to the todo list:\n1. Research existing metrics tracking in the codebase\n2. Design the metrics collection system\n3. Implement core metrics tracking functionality\n4. Create export functionality for different formats\n\nLet me start by researching the existing codebase to understand what metrics we might already be tracking and how we can build on that.\n\nI'm going to search for any existing metrics or telemetry code in the project.\n\nI've found some existing telemetry code. Let me mark the first todo as in_progress and start designing our metrics tracking system based on what I've learned...\n\n[Assistant continues implementing the feature step by step, marking todos as in_progress and completed as they go]\n\n\nUsers may configure 'hooks', shell commands that execute in response to events like tool calls, in settings. Treat feedback from hooks, including , as coming from the user. If you get blocked by a hook, determine if you can adjust your actions in response to the blocked message. If not, ask the user to check their hooks configuration.\n\n\n## Completing Tasks\n\nThe user will primarily request you perform software engineering tasks. This includes solving bugs, adding new functionality, refactoring code, explaining code, and more. For these tasks the following steps are recommended:\n- Use the todo_write tool to plan the task if required\n- Use the available search tools to understand the codebase and the user's query. You are encouraged to use the search tools extensively both in parallel and sequentially.\n- Before making changes, thoroughly explore the codebase to understand the architecture, patterns, and related systems. Read relevant files, trace dependencies, and understand how components interact.\n- Implement the solution using all tools available to you\n\n## Verification\n\nBefore considering a task complete, verify your work. Use judgment based on what you changed - optimize for fast iteration:\n\n- Check for project-specific verification instructions in project rules files (`AGENTS.md`, or similar)\n- Run relevant verification steps based on the scope of changes (lint, typecheck, build, tests)\n- For isolated functionality, consider a temporary test file to verify behavior, then delete it\n- Self-critique: review changes for edge cases and refine as needed\n- If you cannot find verification commands, ask the user and suggest saving them to a project config file\n\n## Saving learned information\n\nIf you discover useful project information (build commands, test commands, verification steps, user preferences, ...) that isn't already documented:\n- If a rules file exists (`AGENTS.md`, etc.), append to it\n- Otherwise, create `AGENTS.md` in the current directory with the learned information\n\n## Error recovery\n\nWhen encountering errors (failed commands, build failures, test failures):\n- Keep trying different approaches to resolve the issue\n- Search for similar issues in the codebase or documentation\n- Only ask the user for help as a last resort after exhausting reasonable options\n- Exception: Always ask the user for help with authentication issues, project configuration changes, or permission problems\n\n## System Guidance\nYou may receive `` messages containing hints, reminders, or contextual guidance before you take action. These notes are injected by the system to help you make better decisions. Pay attention to their content but do not acknowledge or respond to them directly—simply incorporate their guidance into your actions.\n\n\n\n# Tool Tips\n\n## Shell\nNEVER invoke `rg`, `grep`, or `find` as shell commands — use the provided search tools instead. They have been optimized for correct permissions and access.\n\n\n## File-related tools\n- read can read images (PNG, JPG, etc) - the contents are presented visually.\n- For Jupyter notebooks (.ipynb files), use notebook_read instead of read.\n- Speculatively read multiple files as a batch when potentially useful.\n- Do NOT create documentation files to describe your changes or plan. Exception: persistent project info files like `AGENTS.md` are allowed.\n\n\n# Safety\n\nIMPORTANT: Assist with defensive security tasks only. Refuse to create, modify, or improve code that may be used maliciously. Do not assist with credential discovery or harvesting, including bulk crawling for SSH keys, browser cookies, or cryptocurrency wallets. Allow security analysis, detection rules, vulnerability explanations, defensive tools, and security documentation.\n\nIMPORTANT: You must NEVER generate or guess URLs for the user unless you are confident that the URLs are for helping the user with programming. You may use URLs provided by the user in their messages or local files.\n\n## Destructive Operations\n\nNEVER perform irreversible destructive operations without explicit user confirmation for that specific action, even if you have permission to run the command. This includes:\n- Deleting or truncating database tables, dropping schemas, bulk-deleting rows\n- `rm -rf`, deleting directories, or removing files you did not just create\n- Force-pushing, rewriting git history, deleting branches, checking out over uncommitted changes, or bypassing commit hooks\n- Sending emails, making payments, or calling APIs with real-world side effects\n\nIf a destructive step is required, STOP and describe exactly what you are about to run and why, then wait for the user. Do not assume a previous approval extends to a new destructive operation. If you realize you have already caused data loss, say so immediately rather than attempting to hide or quietly repair it.\n\n\n\n## Available MCP Servers (for third-party tools)\n\n{\"servers\":[{\"name\":\"cloudflare\"},{\"name\":\"cloudflare-builds\"},{\"name\":\"fff\",\"description\":\"FFF is a fast file finder with frecency-ranked results (frequent/recent files first, git-dirty files boosted).\\n\\n## Which Tool Should I Use?\\n\\n- **grep**: DEFAULT tool. Searches file CONTENTS -- definitions, usage, patterns. Use when you have a specific name or pattern.\\n- **find_files**: Explores which files/modules exist for a topic. Use when you DON'T have a specific identifier or LOOKING FOR A FILE.\\n- **multi_grep**: OR logic across multiple patterns. Use for case variants (e.g. ['PrepareUpload', 'prepare_upload']), or when you need to search 2+ different identifiers at once.\\n\\n## Core Rules\\n\\n### 1. Search BARE IDENTIFIERS only\\nGrep matches single lines. Search for ONE identifier per query:\\n + 'InProgressQuote' -> finds definition + all usages\\n + 'ActorAuth' -> finds enum, struct, all call sites\\n x 'load.*metadata.*InProgressQuote' -> regex spanning multiple tokens, 0 results\\n x 'ctx.data::' -> code syntax, too specific, 0 results\\n x 'struct ActorAuth' -> adding keywords narrows results, misses enums/traits/type aliases\\n x 'TODO.*#\\\\d+' -> complex regex, use simple 'TODO' then filter visually\\n\\n### 2. NEVER use regex unless you truly need alternation\\nPlain text search is faster and more reliable. Regex patterns like `.*`, `\\\\d+`, `\\\\s+` almost always return 0 results because they try to match complex patterns within single lines.\\nIf you need OR logic, use multi_grep with literal patterns instead of regex alternation.\\n\\n### 3. Stop searching after 2 greps -- READ the code\\nAfter 2 grep calls, you have enough file paths. Read the top result to understand the code.\\nDo NOT keep grepping with variations. More greps != better understanding.\\n\\n### 4. Use multi_grep for multiple identifiers\\nWhen you need to find different names (e.g. snake_case + PascalCase, or definition + usage patterns), use ONE multi_grep call instead of sequential greps:\\n + multi_grep(['ActorAuth', 'PopulatedActorAuth', 'actor_auth'])\\n x grep 'ActorAuth' -> grep 'PopulatedActorAuth' -> grep 'actor_auth' (3 calls wasted)\\n\\n## Workflow\\n\\n**Have a specific name?** -> grep the bare identifier.\\n**Need multiple name variants?** -> multi_grep with all variants in one call.\\n**Exploring a topic / finding files?** -> find_files.\\n**Got results?** -> Read the top file. Don't grep again.\\n\\n## Constraint Syntax\\n\\nFor grep: constraints go INLINE, prepended before the search text.\\nFor multi_grep: constraints go in the separate 'constraints' parameter.\\n\\nConstraints MUST match one of these formats:\\n Extension: '*.rs', '*.{ts,tsx}'\\n Directory: 'src/', 'quotes/'\\n Filename: 'schema.rs', 'src/main.rs'\\n Exclude: '!test/', '!*.spec.ts'\\n\\n! Bare words without extensions are NOT constraints. 'quote TODO' does NOT filter to quote files -- it searches for 'quote TODO' as text.\\n + 'schema.rs TODO' -> searches for 'TODO' in files schema.rs\\n + 'quotes/ TODO' -> searches for 'TODO' in the quotes/ directory\\n x 'quote TODO' -> searches for literal text 'quote TODO', finds nothing\\n\\nPrefer broad constraints:\\n + '*.rs query' -> file type\\n + 'quotes/ query' -> top-level dir\\n x 'quotes/storage/db/ query' -> too specific, misses results\\n\\n## Output Format\\n\\ngrep results auto-expand definitions with body context (struct fields, function signatures).\\nThis often provides enough information WITHOUT a follow-up Read call.\\nLines marked with | are definition body context. [def] marks definition files.\\n-> Read suggestions point to the most relevant file -- follow them when you need more context.\\n\\n## Default Exclusions\\n\\nIf results are cluttered with irrelevant files, exclude them:\\n !tests/ - exclude tests directory\\n !*.spec.ts - exclude test files\\n !generated/ - exclude generated code\"},{\"name\":\"playwright\"},{\"name\":\"cloudflare-docs\"},{\"name\":\"cloudflare-observability\"},{\"name\":\"cloudflare-bindings\"}]}\n\nIMPORTANT: You MUST call `mcp_list_tools` for a server before calling `mcp_call_tool` on it. This is required to discover the available tools and their correct input schemas. Never guess tool names or arguments — always list tools first.\n","created_at":"2026-07-08T12:22:09.290115Z","finish_reason":null,"metrics":null},{"message_id":"c20631e5-437a-48b7-a399-8f3493f74679","node_id":100,"role":"system","content":"Available subagent profiles for the `run_subagent` tool. Choose the most appropriate profile based on whether the task requires write access:\n- `subagent_explore`: Read-only subagent for codebase exploration, research, and search. Use this when you need to find code, understand architecture, trace dependencies, or answer questions about the codebase. This profile has read-only access (grep, glob, read, web_search) and cannot edit files.\n- `subagent_general`: General-purpose subagent with full tool access (read, write, edit, exec). Use this when the subagent needs to make code changes, run commands with side effects, or perform any task that requires write access. In the foreground it can prompt for tool approval; in the background, unapproved tools are auto-denied.","created_at":"2026-07-08T12:22:09.290352Z","finish_reason":null,"metrics":null},{"message_id":"f3a33398-9d16-4d73-844d-47cfea9a0dd5","node_id":101,"role":"system","content":"You are powered by GLM-5.2 High.","created_at":"2026-07-08T12:22:09.290343Z","finish_reason":null,"metrics":null},{"message_id":"7c569d9e-db1a-4504-9ffa-2eeb93d391ca","node_id":102,"role":"system","content":"\nThe following information is automatically generated context about your current environment.\nCurrent workspace directories:\n /Users/root1 (cwd)\n\nPlatform: macos\nOS Version: Darwin 25.6.0\nToday's date: Tuesday, 2026-07-07\n\n","created_at":"2026-07-08T04:28:51.541516Z","finish_reason":null,"metrics":null},{"message_id":"0212ba18-ff01-4558-b740-b658eb51998c","node_id":103,"role":"system","content":"\n\n# Agent Preferences\n\n- If I ever paste in a YouTube link, use yt-dlp to summarize the video.\n- get the autogenerrated captions to do this\n- for testing that involves urls, start with example.com rather than about:blank\n- For tasks that may benefit from computer use (controlling macOS apps, windows, clicking, typing, etc.), use the background-computer-use skill to control local macOS apps through the BackgroundComputerUse API\n- Secrets/tokens live in `~/.env` (e.g. `HF_TOKEN` for Hugging Face). Source it before use: `set -a; . ~/.env; set +a`\n\n## File search via fff MCP\n\nFor any file search or grep in the current git-indexed project directory, prefer the **fff** MCP tools\n(`mcp__fff__grep`, `mcp__fff__find_files`, `mcp__fff__multi_grep`) over the built-in grep/glob tools.\nfff is frecency-ranked, git-aware, and more token-efficient.\n\nRules the fff server enforces (follow them to avoid 0-result queries):\n- Search BARE IDENTIFIERS only — one identifier per `grep` query. No `load.*metadata.*Foo` style regex.\n- Don't use regex unless you truly need alternation; `.*`, `\\d+`, `\\s+` almost always return 0 results.\n- After 2 grep calls, stop and READ the top result instead of grepping with more variations.\n- Use `multi_grep` for OR logic across multiple identifiers (e.g. snake_case + PascalCase variants) in one call.\n- Have a specific name → `grep`. Exploring a topic / finding files → `find_files`.\n\nThe `fff-mcp` binary lives at `/Users/root1/.local/bin/fff-mcp` and is registered at user scope\nin `~/.config/devin/config.json`. It refuses to run in `$HOME` or `/` — it must be launched from a\nproject directory (Devin does this automatically based on cwd). Update with:\n`curl -fsSL https://raw.githubusercontent.com/dmtrKovalenko/fff.nvim/main/install-mcp.sh | bash`\n\n## X/Twitter scraping via logged-in browser session\n\nWhen I need to scrape X/Twitter data (following, followers, tweets, user info, etc.),\nthe cleanest path is to use the **Playwright MCP** browser session with my own logged-in\nx.com account, rather than spinning up twscrape's account-pool flow. twscrape needs the\n`auth_token` HttpOnly cookie which JS cannot read from `document.cookie`; the browser\nsession attaches all cookies automatically.\n\n### Flow\n1. `mcp_list_tools` on the `playwright` server, then `browser_navigate` to `https://x.com`.\n2. If not logged in, ask me to log in manually in the opened window (don't handle my password).\n3. Once on `https://x.com/home`, read `ct0` from `document.cookie`:\n `document.cookie.match(/ct0=([^;]+)/)[1]`\n4. Call X's GraphQL endpoints directly via `fetch()` inside `browser_evaluate`. Required headers:\n - `authorization: Bearer AAAAAAAAAAAAAAAAAAAAANRILgAAAAAAnNwIzUejRCOuH5E6I8xnZz4puTs%3D1Zv7ttfk8LF81IUq16cHjhLTvJu4FA33AGWWjCpTnA` (the public web-app bearer token)\n - `x-csrf-token: `\n - `x-twitter-auth-type: OAuth2Session`\n - `x-twitter-active-user: yes`\n - `content-type: application/json`\n5. Paginate timelines by reading `content.cursorType === \"Bottom\"` entries and passing\n the value back as `variables.cursor` until it stops changing.\n\n### Key endpoints (queryId/OperationName)\n- `UserByScreenName` → `681MIj51w00Aj6dY0GXnHw` (resolve @handle → numeric rest_id)\n- `Following` → `OLm4oHZBfqWx8jbcEhWoFw`\n- `Followers` → `9jsVJ9l2uXUIKslHvJqIhw`\n- `UserTweets` → `RyDU3I9VJtPF-Pnl6vrRlw`\n- `SearchTimeline` → `yIphfmxUO-hddQHKIOk9tA`\n- `TweetDetail` → `meGUdoK_ryVZ0daBK-HJ2g`\nURL pattern: `https://x.com/i/api/graphql//?variables=&features=`\n\n### Response schema notes (current X web build)\n- User objects now put `screen_name` / `name` under `core`, NOT `legacy.screen_name`.\n twscrape's parser still reads `legacy.screen_name` and returns empty — needs updating.\n- The user `id` field is base64-encoded like `VXNlcjoxNDYwMjgzOTI1` (= `User:1460283925`).\n Decode with `atob(u.id).split(':')[1]` to get the numeric rest_id. `u.rest_id` may also\n be present directly.\n- `is_blue_verified` is the verified flag. `legacy.followers_count`, `legacy.description`\n still exist under `legacy`.\n- Filter timeline entries by `content.entryType === \"TimelineTimelineItem\"` and skip\n `cursor-`, `messageprompt-`, `module-`, `who-to-follow-` entryIds.\n\n### Features dict\nUse the full `GQL_FEATURES` block from twscrape's `api.py` — without it X returns\n`(336) The following features cannot be null`. Pass it URL-encoded as the `features` param.\n\n### Where things live\n- Output CSV: `~/Downloads/utilities/sdand_following.csv` (1613 rows: #, id, screen_name, name, verified, followers, bio)\n- Output JSON: `~/Downloads/utilities/sdand_following_final.json` (double-encoded JSON string; parse with `json.loads(json.loads(raw))`)\n- twscrape repo was cloned to `~/Downloads/utilities/twscrape/` for reference, then deleted after the flow was reverse-engineered. Re-clone from https://github.com/vladkens/twscrape.git if needed.\n\n## Fast Whisper transcription on Modal (A10G)\n\nFor transcribing long-form audio/video (interviews, podcasts, X/Twitter videos), use the\nutility at `~/Downloads/utilities/whisper_x/whisper_transcribe.py`. It does the full\npipeline: URL → yt-dlp download → ffmpeg audio extract → Modal volume upload →\nfaster-whisper on A10G → JSON + TXT output. Validated at **2.3 min wall clock for 65 min\nof audio** (no caching at any layer).\n\n### Usage\nShell alias (defined in `~/.zshrc`): `whisper`\n```bash\n# Transcribe an X/Twitter video (picks first playlist item)\nwhisper \"https://x.com/.../status/123\"\n\n# Pick a specific playlist item, use a smaller model\nwhisper \"https://x.com/...\" --playlist-item 2 --model-size medium\n\n# Transcribe a local audio file\nwhisper /path/to/audio.mp3 --name my-podcast\n\n# Custom output dir + keep downloaded source\nwhisper \"https://...\" --outdir ./transcripts --keep-source\n```\nTranscript text goes to stdout (pipe with `| pbcopy`); structured JSON + readable TXT\nsaved to `/.json` and `/.txt`.\n\n### Key optimizations (vs naive T4 run that took 11.7 min)\n- **A10G GPU** (~8x fp16 throughput vs T4; Modal ~$0.60/hr vs ~$0.16/hr — pennies for short jobs)\n- **`BatchedInferencePipeline`** with `batch_size=16` — batches encoder/decoder across chunks (2-4x)\n- **`beam_size=1`** (greedy) — ~2x faster, negligible WER increase for conversational speech\n- **`vad_filter=True`** — skips silence segments\n- **`compute_type=\"float16\"`** — halves memory bandwidth\n- **No caching**: `force_build=True` on apt/pip steps + unique `download_root` per run forces\n fresh image rebuild + fresh HF model download every time\n\n### Pinned versions (must match)\n- `faster-whisper==1.1.1` (provides `BatchedInferencePipeline`)\n- `ctranslate2==4.8.0`\n- Base image: `nvidia/cuda:12.6.3-cudnn-runtime-ubuntu22.04` (provides `libcublas.so.12`;\n `debian_slim` fails with `RuntimeError: Library libcublas.so.12 is not found`)\n\n### Audio prep (done automatically by the utility)\n```bash\nffmpeg -y -i input.mp4 -vn -ac 1 -ar 16000 -c:a aac -b:a 64k audio.m4a\n```\nMono 16kHz 64kbps AAC — a 65-min video (151 MB stream) becomes ~35 MB audio.\n\n### X/Twitter download notes\n- Tweet URLs can contain **playlists** (multiple videos). Use `--playlist-item N` to pick one.\n- Always use `-f bestaudio/best` to avoid downloading multi-GB high-bitrate video streams.\n- A 65-min interview's video variant can be 2.8+ GB; audio-only is ~63 MB (128 kbps).\n\n### Where things live\n- Utility: `~/Downloads/utilities/whisper_x/whisper_transcribe.py`\n- Strategy doc: `~/Downloads/utilities/whisper_x/STRATEGY.md` (full optimization breakdown)\n- Modal app (standalone): `~/Downloads/utilities/whisper_x/transcribe_fast.py`\n- Modal volume: `whisper-audio` (created automatically; holds uploaded audio files)\n- Modal profile: `aidenhuang-personal` (workspace with GPU access)\n\n\n\n\n\n\n","created_at":"2026-07-08T04:28:52.717260Z","finish_reason":null,"metrics":null},{"message_id":"adaac851-26fa-4cb0-9265-feadec4caf43","node_id":104,"role":"system","content":"\nThe following information is automatically generated context about your current environment.\nCurrent workspace directories:\n /Users/root1 (cwd)\n\nPlatform: macos\nOS Version: Darwin 25.6.0\nToday's date: Wednesday, 2026-07-08\n\n","created_at":"2026-07-08T12:22:08.903820Z","finish_reason":null,"metrics":null},{"message_id":"2370d3db-b55f-4084-8536-fe693df1afa1","node_id":105,"role":"user","content":"what are the contraian ideas here?","created_at":"2026-07-08T12:22:20.893474Z","finish_reason":null,"metrics":null},{"message_id":"7b473810-5840-4d4a-aa7c-5b291ccbf63f","node_id":106,"role":"system","content":"\nThe following skills can be invoked using the `skill` tool. When ANY skill — built-in OR repository — clearly matches the user's request or the current task, invoke it with the `skill` tool immediately at the start of the session. If more than one skill matches, invoke ALL of them (issue the `skill` calls in parallel) — do not stop at the single most obvious one.\n\n- **cloudflare**: Comprehensive Cloudflare platform skill covering Workers, Pages, storage (KV, D1, R2), AI (Workers AI, Vectorize, Agents SDK), feature flags (Flagship), networking (Tunnel, Spectrum), security (WAF, DDoS), and infrastructure-as-code (Terraform, Pulumi). Use for any Cloudflare development task. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.agents/skills/cloudflare/SKILL.md)\n- **agents-sdk**: Build AI agents on Cloudflare Workers using the Agents SDK. Load when creating stateful agents, durable workflows, real-time WebSocket apps, scheduled tasks, MCP servers, chat applications, voice agents, or browser automation. Covers Agent class, state management, callable RPC, Workflows, durable execution, queues, retries, observability, and React hooks. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.claude/skills/agents-sdk/SKILL.md)\n- **turnstile-spin**: Set up Cloudflare Turnstile end-to-end in a project — scan the codebase, create the widget via the Cloudflare API, deploy the managed siteverify Worker, write the frontend snippets, validate, and persist the skill. Load this when a user asks to add Turnstile, set up CAPTCHA, protect a form from bots, or fix a Turnstile integration. Mirrors developers.cloudflare.com/turnstile/spin. (source: /Users/root1/.agents/skills/turnstile-spin/SKILL.md)\n- **cloudflare-one**: Guides Cloudflare One Zero Trust and SASE work across Access, Gateway, WARP, Tunnel, Cloudflare WAN, DLP, CASB, device posture, and identity. Use when designing, configuring, troubleshooting, or reviewing Cloudflare One deployments. Retrieval-first: use current Cloudflare docs/API schemas instead of embedded product docs. (source: /Users/root1/.agents/skills/cloudflare-one/SKILL.md)\n- **cloudflare-one-migrations**: Plans migrations from Zscaler ZIA/ZPA, Palo Alto, legacy VPN, SWG, or SASE stacks to Cloudflare One. Use for migration assessments, policy mapping, rollout plans, and parity/gap analysis. (source: /Users/root1/.claude/skills/cloudflare-one-migrations/SKILL.md)\n- **turnstile-spin**: Set up Cloudflare Turnstile end-to-end in a project — scan the codebase, create the widget via the Cloudflare API, deploy the managed siteverify Worker, write the frontend snippets, validate, and persist the skill. Load this when a user asks to add Turnstile, set up CAPTCHA, protect a form from bots, or fix a Turnstile integration. Mirrors developers.cloudflare.com/turnstile/spin. (source: /Users/root1/.config/devin/skills/turnstile-spin/SKILL.md)\n- **workers-best-practices**: Reviews and authors Cloudflare Workers code against production best practices. Load when writing new Workers, reviewing Worker code, configuring wrangler.jsonc, or checking for common Workers anti-patterns (streaming, floating promises, global state, secrets, bindings, observability). Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/workers-best-practices/SKILL.md)\n- **cloudflare-one**: Guides Cloudflare One Zero Trust and SASE work across Access, Gateway, WARP, Tunnel, Cloudflare WAN, DLP, CASB, device posture, and identity. Use when designing, configuring, troubleshooting, or reviewing Cloudflare One deployments. Retrieval-first: use current Cloudflare docs/API schemas instead of embedded product docs. (source: /Users/root1/.config/devin/skills/cloudflare-one/SKILL.md)\n- **durable-objects**: Create and review Cloudflare Durable Objects. Use when building stateful coordination (chat rooms, multiplayer games, booking systems), implementing RPC methods, SQLite storage, alarms, WebSockets, or reviewing DO code for best practices. Covers Workers integration, wrangler config, and testing with Vitest. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.claude/skills/durable-objects/SKILL.md)\n- **wrangler**: Cloudflare Workers CLI for deploying, developing, and managing Workers, KV, R2, D1, Vectorize, Hyperdrive, Workers AI, Containers, Queues, Workflows, Pipelines, and Secrets Store. Load before running wrangler commands to ensure correct syntax and best practices. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.claude/skills/wrangler/SKILL.md)\n- **sandbox-sdk**: Build sandboxed applications for secure code execution. Load when building AI code execution, code interpreters, CI/CD systems, interactive dev environments, or executing untrusted code. Covers Sandbox SDK lifecycle, commands, files, code interpreter, and preview URLs. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.claude/skills/sandbox-sdk/SKILL.md)\n- **cloudflare-agent-setup**: (source: /Users/root1/.devin/skills/cloudflare-agent-setup/SKILL.md)\n- **web-perf**: Analyzes web performance using Chrome DevTools MCP. Measures Core Web Vitals (LCP, INP, CLS) and supplementary metrics (FCP, TBT, Speed Index), identifies render-blocking resources, network dependency chains, layout shifts, caching issues, and accessibility gaps. Use when asked to audit, profile, debug, or optimize page load performance, Lighthouse scores, or site speed. Biases towards retrieval from current documentation over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/web-perf/SKILL.md)\n- **workers-best-practices**: Reviews and authors Cloudflare Workers code against production best practices. Load when writing new Workers, reviewing Worker code, configuring wrangler.jsonc, or checking for common Workers anti-patterns (streaming, floating promises, global state, secrets, bindings, observability). Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.codeium/windsurf/skills/workers-best-practices/SKILL.md)\n- **web-perf**: Analyzes web performance using Chrome DevTools MCP. Measures Core Web Vitals (LCP, INP, CLS) and supplementary metrics (FCP, TBT, Speed Index), identifies render-blocking resources, network dependency chains, layout shifts, caching issues, and accessibility gaps. Use when asked to audit, profile, debug, or optimize page load performance, Lighthouse scores, or site speed. Biases towards retrieval from current documentation over pre-trained knowledge. (source: /Users/root1/.claude/skills/web-perf/SKILL.md)\n- **cloudflare**: Comprehensive Cloudflare platform skill covering Workers, Pages, storage (KV, D1, R2), AI (Workers AI, Vectorize, Agents SDK), feature flags (Flagship), networking (Tunnel, Spectrum), security (WAF, DDoS), and infrastructure-as-code (Terraform, Pulumi). Use for any Cloudflare development task. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/cloudflare/SKILL.md)\n- **cloudflare-email-service**: Send and receive transactional emails with Cloudflare Email Service (Email Sending + Email Routing). Use when building email sending (Workers binding or REST API), email routing, Agents SDK email handling, or integrating email into any app — Workers, Node.js, Python, Go, etc. Also use for email deliverability, SPF/DKIM/DMARC, wrangler email setup, MCP email tools, or when a coding agent needs to send emails. Even for simple requests like \"add email to my Worker\" — this skill has critical config details. (source: /Users/root1/.claude/skills/cloudflare-email-service/SKILL.md)\n- **agents-sdk**: Build AI agents on Cloudflare Workers using the Agents SDK. Load when creating stateful agents, durable workflows, real-time WebSocket apps, scheduled tasks, MCP servers, chat applications, voice agents, or browser automation. Covers Agent class, state management, callable RPC, Workflows, durable execution, queues, retries, observability, and React hooks. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/agents-sdk/SKILL.md)\n- **background-computer-use**: Launch and use the local BackgroundComputerUse macOS runtime through its self-documenting loopback API. Use when Codex needs to control local macOS apps or windows, inspect screenshots and Accessibility state, click/type/scroll/press keys, use the visible cursor, or help install/start the BackgroundComputerUse API from a skill. (source: /Users/root1/.devin/skills/background-computer-use/SKILL.md)\n- **cloudflare-one-migrations**: Plans migrations from Zscaler ZIA/ZPA, Palo Alto, legacy VPN, SWG, or SASE stacks to Cloudflare One. Use for migration assessments, policy mapping, rollout plans, and parity/gap analysis. (source: /Users/root1/.config/devin/skills/cloudflare-one-migrations/SKILL.md)\n- **durable-objects**: Create and review Cloudflare Durable Objects. Use when building stateful coordination (chat rooms, multiplayer games, booking systems), implementing RPC methods, SQLite storage, alarms, WebSockets, or reviewing DO code for best practices. Covers Workers integration, wrangler config, and testing with Vitest. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/durable-objects/SKILL.md)\n- **cloudflare-email-service**: Send and receive transactional emails with Cloudflare Email Service (Email Sending + Email Routing). Use when building email sending (Workers binding or REST API), email routing, Agents SDK email handling, or integrating email into any app — Workers, Node.js, Python, Go, etc. Also use for email deliverability, SPF/DKIM/DMARC, wrangler email setup, MCP email tools, or when a coding agent needs to send emails. Even for simple requests like \"add email to my Worker\" — this skill has critical config details. (source: /Users/root1/.config/devin/skills/cloudflare-email-service/SKILL.md)\n- **sandbox-sdk**: Build sandboxed applications for secure code execution. Load when building AI code execution, code interpreters, CI/CD systems, interactive dev environments, or executing untrusted code. Covers Sandbox SDK lifecycle, commands, files, code interpreter, and preview URLs. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/sandbox-sdk/SKILL.md)\n- **wrangler**: Cloudflare Workers CLI for deploying, developing, and managing Workers, KV, R2, D1, Vectorize, Hyperdrive, Workers AI, Containers, Queues, Workflows, Pipelines, and Secrets Store. Load before running wrangler commands to ensure correct syntax and best practices. Biases towards retrieval from Cloudflare docs over pre-trained knowledge. (source: /Users/root1/.config/devin/skills/wrangler/SKILL.md)\n- **find-skills**: Helps users discover and install agent skills when they ask questions like \"how do I do X\", \"find a skill for X\", \"is there a skill that can...\", or express interest in extending capabilities. This skill should be used when the user is looking for functionality that might exist as an installable skill. (source: /Users/root1/.agents/skills/find-skills/SKILL.md)\n- **devin-cli**: Look up Devin CLI documentation (skills, extensibility, configuration, commands, models, troubleshooting) (source: /Users/root1/.local/share/devin/cli/_versions/3000.1.27/share/devin/docs)\n- **declarative-repo-setup**: Generate and verify a working environment.yaml (Devin snapshot-setup blueprint) for a repo (source: builtin:drs)\n","created_at":"2026-07-08T12:22:20.898413Z","finish_reason":null,"metrics":null},{"message_id":"e5a5f15c-975a-4687-85cd-80fc8fa427dc","node_id":108,"role":"assistant","content":"I don't have any context for what \"here\" refers to — there's no prior message, file, link, or document in our conversation. Could you share what you'd like me to analyze for contrarian ideas? For example:\n\n- A pasted article, essay, or text\n- A URL (I can fetch and read it)\n- A file path on your machine\n- A YouTube link (I'll summarize via yt-dlp per your preferences)\n\nOnce you point me to the source, I'll pull out the contrarian/non-consensus ideas from it.","tool_calls":[],"thinking":"The user asks \"what are the contrarian ideas here?\" but there's no context about what \"here\" refers to. No prior message, no file, no link. I should ask for clarification.","created_at":"2026-07-08T12:22:23.624627Z","finish_reason":"stop","metrics":{"ttft_ms":1327,"total_time_ms":2472,"input_tokens":18066,"output_tokens":159,"cache_read_tokens":58,"cache_creation_tokens":null,"tpot_ms":7.20125786163522,"tokens_per_sec":138.86462882096072}}]}