In the latest episode of Million Bazillion, listener Shreen wanted to know, “How do you become a CEO?” No spoilers, but after Ryan and Bridget’s adventure in attempting to become CEOs themselves, Shreen still had some questions about how a successful CEO gets their job, and what they do all day. In this special bonus episode, Shreen interviews Christina Stembel, CEO of Farmgirl Flowers to find out more about what it’s really like to be a CEO, how to start and run a company, and what Christina did as a kid that helped set her on the path to becoming a CEO as a grownup.
This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.
Welcome back to The Mining Pod! Today, Colin and Will break down CoreWeave's meteoric rise to a $75+ billion valuation and why Bitcoin miners like Core Scientific, Galaxy Digital, and Applied Digital are all racing to partner with AI cloud providers. We explore CoreWeave’s neocloud business model, GPU economics vs bitcoin mining profitability, and what this means for the future of the mining industry.
• CoreWeave valued at $75B+ (12x revenue multiple)
• 72% of Q1 revenue came from Microsoft/OpenAI
• CoreWeave manages 250,000+ GPUs globally
• $15B+ in contracted revenue secured
Timestamps:
00:00 Start
04:05 Coreweave overview
07:40 Neocloud
10:28 Other Neocloud providers
12:49 Oracle, OpenAI & Stargate
16:20 Crusoe
17:58 Hyperscaler street cred
21:08 Energy pipeline
26:53 Revenue
32:51 Capex vs revenue
38:03 GPU lifespan
41:58 Bull vs Bear
49:00 Partner concentration
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
The Congressional Budget Office estimates the spending bill just signed by President Donald Trump will increase the number of people without health insurance by 16 million over the next ten years. The $1.1 trillion cuts to Medicaid will also affect Native Americans who rely on it to pay for health care through the Indian Health Service and threatens rural hospitals with a high rate of Medicaid-dependent patients. The new spending plan also substantially reduces the number of people who will collect food assistance through the federal government. We’ll get insights on what these numbers mean for Native Americans who disproportionately rely on these two federal government programs.
We’ll also find out about the significance of the new Indigenous head of Mexico’s Supreme Court.
GUESTS
A.C. Locklear (Lumbee), CEO of National Indian Health Board
Aaron Payment (Sault Ste. Marie Tribe of Chippewa Indians), tribal councilman and former chairperson for the Sault Ste. Marie Tribe of Chippewa Indians
Kelli Case (Chickasaw), senior staff attorney for the Indigenous Food and Agriculture Initiative
Artem Rodichev was born and raised in Kazakhstan, surrounded by the mountains. He loves hiking, and pretty much all outdoor activities. He jokes that he was raised by computers, as he was always playing games, trying to learn hacking, and more. He has always be interested in stories, in particular science fiction. He read a lot of books and watched movies, being fascinated with plots around empathetic AI like Blade Runner and Joy. These movies sparked his motivation to move forward to bringing this world to life.
Artem spent several years building a Core AI stack at Replica. What he noticed was that people really enjoyed connecting with their digital friends - and, he noticed the limitations of this experience. He aimed to correct that limitation, in starting a new venture focused on boarder empathetic AI.
We look at the final orders list before summer break, and then continue to work through last month's opinions, this time with an extended analysis of two decisions about children and culture wars -- Mahmoud v. Taylor (religious objections to LGBTQ+-inclusive books) and Free Speech Coalition v. Paxton (age verification for accessing online pornography).
Seven are confirmed dead after a pyrotechnics warehouse explosion in Northern California. Firefighters battle the Madre Fire, the state’s largest blaze of the year. President Trump signs a sweeping spending bill that boosts military and immigration enforcement while cutting aid programs. Proposed NIH budget cuts freeze thousands of medical research projects. The Justice Department says Epstein had no client list, contradicting prior claims. Masked ICE raids spark lawsuits in L.A. State Farm faces investigation over wildfire insurance claims. And a GOP bill ends federal EV tax credits, threatening adoption.
On Monday evening, the death toll from the flooding in Central Texas rose past 100. A single place accounted for 27 of those deaths: Camp Mystic, a century-old Christian summer camp for girls.
Erin Pisane, who attended Camp Mystic, explains what the place meant to generations of girls.
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Anglo-French relations have not been so good since before the Brexit vote. Beneath the state-visit pageantry, though, there is much co-operation for President Emmanuel Macron and Prime Minister Keir Starmer to discuss. Gangs have infiltrated many of Latin America’s mining operations—with violent results. And an ode to Britain’s Shipping Forecast, an inscrutable radio feature that is turning 100.
Additional audio courtesy of Alexander Seale @alexseale.
Rescue teams continue to work in Texas, while officials call for new weather alert systems. President Trump welcomes Israeli Prime Minister Benjamin Netanyahu to Washington amid Gaza ceasefire talks. And many MAGA loyalists are outraged after a quiet admission by the Trump Justice Department that there will be no further developments in the investigation of Jeffrey Epstein.
OA1171 - Today's episode is a nice, fun departure from the doom and gloom. Oral arguments in a recent SCOTUS case went terribly wrong. And for once, it wasn't the court itself that was looking like a clown show. The case was AJT v Osseo and it involved disability rights. So naturally, I had to invite everyone's favorite disability rights advocate and all around all-star, Dr. Jenessa Seymour!
