$FFF Serving RIAs Closing the Founder Gap for Their Clients https://xitter.cf/t.co/MlMrXWrpwh
Dallas, TX
Joined August 2025
- Tweets662
- Following221
- Followers148
- Likes914
Anthropic’s ($ANT) revenue grew faster than every cost line in Q2'26, turning a Q1 operating loss into a profit. Its S-1 says compute is contracted 12 to 18 months ahead, so revenue outpaced the compute cost already locked in.
Anthropic, $ANT, generated $2.08 of revenue per $1 of compute and infrastructure expense in Q2'26, per its S-1.
That compares with $0.40 in Q1'25. The ratio first passed $1.00 in Q1'26.
Anthropic, $ANT, generated $2.08 of revenue per $1 of compute and infrastructure expense in Q2'26, per its S-1.
That compares with $0.40 in Q1'25. The ratio first passed $1.00 in Q1'26.
Anthropic filed its S-1 on Oct 26 to list on Nasdaq as $ANT.
Quarterly revenue went from $197M in Q4'24 to $11.6B in Q2'26, +1,368% yoy in Q2.
Anthropic filed its S-1 on Oct 26 to list on Nasdaq as $ANT.
Quarterly revenue went from $197M in Q4'24 to $11.6B in Q2'26, +1,368% yoy in Q2.
Anthropic has filed an S-1 registration statement with the SEC related to its proposed IPO.
Read more: anthropic.com/news/s1-sec
Legal disclaimer: A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This post does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Excited to join Bloomberg’s ETF IQ today to discuss the Founders driving some of the biggest stories in the market today:
Anthropic’s ($ANT) S-1 Filing
Tesla’s ($TSLA) valuation and possible SpaceX ($SPCX) merger
Meta’s ($META) ad-funded AI capex
Founder-Led Investing, a sub-asset class within your US Growth Equity sleeve
@BloombergTV @business @Bloomberg
Bloom Energy, $BE, reported Q3'26 results including revenue of $1.24B (vs. estimates $1.07B), +138% yoy and adjusted EPS of $0.94 (vs. estimates $0.69).
The company raised FY26 revenue guidance to $4.4B to $4.6B (from $3.9B to $4.2B) and adjusted EPS guidance to $3.10 to $3.40 (from $2.55 to $2.85).
Founder KR Sridhar says, "What began with hyperscalers is rapidly moving across market segments because every business needs reliable power to grow."
Sources: Bloom Energy, consensus estimates.
Blackstone, $BX, reported Q3'26 results including revenue of $3.22B (vs. estimates $3.36B), -3% yoy and distributable EPS of $1.32 (vs. estimates $1.26).
Quarterly inflows were $63.3B and total AUM reached $1.37T, +10% yoy.
Co-founder Stephen A. Schwarzman says, "We’ve established leading platforms to address the key investment themes powering the global economy and markets today."
Sources: Blackstone, consensus estimates.
Meta ($META) has spent $59.4B on R&D through the first three quarters of FY2026, more than its $57.4B for all of FY2025.
Q4 is still to come.
Sources: Meta, SEC filings.
$META has spent roughly $20B dollars in R&D, around 31% of their total revenue.
See where $META's Q3 revenue went.
Source: Meta.
Meta Platforms ($META) reported Q3'26 results including revenue of $64.6B (vs. estimates $63.4B), +26% yoy and diluted EPS of $3.83 (vs. estimates $3.56), which includes a $9.89B legal charge.
The company guided Q4 revenue to $73-76B and announced a new non-voting Class C common stock, to be issued as a one-for-one stock dividend after January 19, 2027.
Founder Mark Zuckerberg says, "We hit major milestones this quarter toward delivering personal superintelligence for everyone."
Sources: Meta, consensus estimates.
Who says Wall Street has to stay on Wall Street?
As a Dallas native building an investment firm from zero to one, I can’t imagine a more exciting time to be a woman founder in finance. Dallas is booming, Texas is open for business, and the future of capital markets has never been brighter.
Thank you to Executive Women of Dallas for hosting The Market Moves to Texas, an inspiring fireside chat with Nicole Chambers, Global MD of Listings at the Texas Stock Exchange, moderated by Afi Lowery, Director at BTIG.
Thank you to Jess Bass Bolander for inviting me and President Brook Sims and Lockton for hosting such a lovely event!
@laurensfounders @FounderETFs
Waste Connections ($WCN) reported Q3'26 results including revenue of $2.64B (vs. estimates $2.61B), +7% yoy and adjusted EPS of $1.58 (vs. estimates $1.52).
The company raised its full year 2026 outlook to revenue of approximately $10.09B and adjusted EBITDA of approximately $3.345B, increased its quarterly dividend 10% and has repurchased over $1B of shares year to date.
Founder Ronald J. Mittelstaedt says, “we overcame a late quarter surge in diesel pricing.”
Sources: Waste Connections, consensus estimates.
Meta Platforms ($META) reported Q3'26 results including revenue of $64.6B (vs. estimates $63.4B), +26% yoy and diluted EPS of $3.83 (vs. estimates $3.56), which includes a $9.89B legal charge.
The company guided Q4 revenue to $73-76B and announced a new non-voting Class C common stock, to be issued as a one-for-one stock dividend after January 19, 2027.
Founder Mark Zuckerberg says, "We hit major milestones this quarter toward delivering personal superintelligence for everyone."
Sources: Meta, consensus estimates.
Meta ($META) reports Q3'26 results today after the close. Consensus estimates call for revenue of $63.3B, +24% yoy, and EPS of $6.54. Company guidance for Q3 revenue is $61-64B. Meta's 2026 outlook calls for capex of $130-145B and total expenses of $165-169B. Founder Mark Zuckerberg leads the call following the release.
Sources: Meta, consensus estimates.
Meta ($META) reports Q3'26 results today after the close. Consensus estimates call for revenue of $63.3B, +24% yoy, and EPS of $6.54. Company guidance for Q3 revenue is $61-64B. Meta's 2026 outlook calls for capex of $130-145B and total expenses of $165-169B. Founder Mark Zuckerberg leads the call following the release.
Sources: Meta, consensus estimates.
Marc Benioff’s @salesforce ($CRM) agreed to buy Braze for $5.66B in cash
@FounderETFs we like this deal for 2 reasons:
Strategically, @Braze fills an important gap, enabling real-time, personalized engagement across email, text, mobile apps, websites, and WhatsApp in a way that “wows” customers
At 5.3x 2028E sales, Braze is expensive but in line with similar software transactions
Founder ETFs retweeted
Q3 2026 Financial and Operational Results xitter.cf/i/broadcasts/1PKqrNbLZ…
SpaceX ($SPCX) reported Q3'26 results including revenue of $14.6B (vs. estimates $12.9B), +161% yoy and diluted EPS of $0.35 (vs. estimates $0.15).
Q3 capex was $19.6B, including $16.4B for compute infrastructure in its Super Intelligence segment.
CFO Bret Johnsen says, "We are building the infrastructure of the future with discipline, focused on capital efficiency."
Sources: SpaceX, consensus estimates.
Capital One ($COF) reported Q3'26 results including revenue of $16.34B (vs. estimates $16.25B), +6% yoy and adjusted EPS of $6.69 (vs. estimates $5.50). The net charge-off rate was 2.73%, down from 3.16% a year ago.
Founder Richard Fairbank says, “The Discover integration continues to go well and we’re making good progress on delivering the expected synergies.”
Sources: Capital One, consensus estimates.
Founder-Led Meta ($META) says its Prometheus supercluster in Ohio now connects hundreds of thousands of NVIDIA ($NVDA) GPUs, with about 1 million planned at full scale.
Training interruptions are down 99% from their mid-2025 peak, with more than 85% goodput on pre-training runs and more than 90% on RL runs.
Check out this inside look at Prometheus, the NVIDIA-powered supercluster training @AIatMeta's Muse family.
At this scale, installing GPUs is just the start. Through co-engineering, we turn infrastructure into productive training time, cutting interruptions by 99% and helping Meta bring frontier models, including Muse Wonder, to market faster.