Egregoros

Today's venture capitalists truly are scum of the earth (in large part because there's no money in it nowadays after SarBox, so it attracts C level financial talent at best).

Context is a company that lied about "building a ship in one year from scratch."

Because it's a boat (and lying about that is politically very bad right now while trying to get the attention of Congressmen and their staffers etc.), and not a terribly large ocean going one. And they bought a company that's been doing this for 61 years. And it gets worse:

https://nitter.poast.org/jamoses92/status/2060558854426099732#m

@PoalackJokes88 @poastoak OK, taking a step back and reading the full, thought out treatment by Konrad, the former SEAL CEO of Saronic is also a scumbag retarded psychopath.

He and his company are trying to take money and war winning or losing mindshare from shipbuilding, which is on life support, to a very healthy ecosystem of workboats where the US is a world leader.

The ecosystems are also almost totally disjoint, there's not much boat builders make or buy that ship builders can use. You can't lift a ship like the one they've created on a few straps....

And the autonomous naval boat business is red hot right now, which is no doubt one reason he and his company are trying this ploy. No matter that it might help convince Important People that things are in hand.

They don't care if we lose a real naval war because we don't have enough serious tonnage warships and auxiliaries. Actively so, so a psychopath in the common usage of that work.

If this wasn't a needed thing, I'd recommend killing the company outright to make a point to not fuck around like this (and, yes, that's how this game is played in D.C., much to our detriment).

Read the whole thing; it includes not in the Xweets details like how they're digitizing everything about the sixty year old workboat building company they bought, vs. "plan work schedules with a whiteboard and fridge magnets because its ‘good enough’...."

Not just the boat itself, which sounds pretty awesome for what it really is. Compare to the sixteen footers we're buying at a rate of one every day, and using hard right now.

https://gcaptain.com/saronic-marauder-ship-or-boat/

@poastoak @PoalackJokes88 He's not quite that perfect, closer to 95% I'd say. He's by self-admission mentally ill, and for a very good reason, a father with a very bad case of PSTD.

As one albeit nasty so don't judge him too hard example, he believes his father was killed by Agent Orange microdoses (no, it's not that bad even in large-ish doses, or at least not the dioxin the usual suspects blamed it on back when the latter was a campaign of their's).

But A and B are spot on, and he's avoided a lot of the usual bad tropes that consume too much of the online Right. No doubt comes from being the sort of guy with a licence to command everything afloat except nuclear powered ships. Or see my favorite anecdote he's told, quoting:

"Shaun Maguire @shaunmmaguire

"Capitalists spend their time building

"Communists and Islamists spend their time destroying

"This asymmetry gives the latter a 10x advantage

"One side is passive while the other side is active"

He replied:

"John Ʌ Konrad V @johnkonrad

"I learned this the first time I navigated a supertanker under a bridge.

"Captain said 'You want to create jobs for thousands of people? Turn right in that bridge column.'

"Destruction creates a LOT of jobs for dems and even more opportunities for fraud.

"Apr 7, 2026 · 8:47 PM UTC"

This is the broken window theory of economics BTW; for a full demolishing of it, see Economics In One Easy Lesson

https://x.com/johnkonrad/status/2041618828493296058

https://fee.org/wp-content/uploads/ebooks/economics-in-one-lesson-pdf.pdf