Markets move fast—sometimes too fast.

This week, Jessica, Dave, Sam, and Brit dissect Trump’s crypto reserve play, Nvidia’s AI stumbles, and how nostalgia is sneaking back into everything. Recorded amidst ski trips, surf plans, and a billboard that’s trolling AI hype, the crew unpacks it all.

Also on deck:

• Core Weave’s $1.7B AI cloud grab signals robotics is the new VC darling

• Reports of Discord going public?

Plus, Jessica’s surf weekend drama, Sam’s “Trump Make Poor” bit, and a hot take on why live sports might be overrated. It’s chaos, it’s volatility, it’s Episode 89 of More or Less.

We’re also on ↓

X: https://twitter.com/moreorlesspod

Instagram: https://instagram.com/moreorless

Spotify: https://podcasters.spotify.com/pod/show/moreorlesspod

Connect with us here:

1) Sam Lessin: https://x.com/lessin

2) Dave Morin: https://x.com/davemorin

3) Jessica Lessin: https://x.com/Jessicalessin

4) Brit Morin: https://x.com/brit

00:00 Trailer

01:10 Make startups weird again

02:24 The Brit brand theory

04:01 TikTok, DeepSeek and the nostalgia supercycle

05:48 Do people even watch live sports anymore?

08:36 Running Point and feminist humor

10:12 "New old, old new" companies

16:26 "Spam" Lessin's billboard

20:35 Driverless Waymo on the 101

21:59 Wall Street Journal tech layoffs

28:17 Trump make rich, Trump McPoor

34:52 AI, AGI and the Top Gun Theory

37:40 IPOs, massages, robot sex workers

45:16 Girls' surf trip with margaritas and poker

47:46 Indian Wells!

52:18 Outro