The Wall Street Skinny

Drop the word “IP” for the full conversation, where we sat down with John Quinn of Quinn Emanuel (law firm representing OpenAl in the trial against Apple.)

We talked everything from IP law (did you know a Anthropic has almost NO PATENTS?!) to $80 million pay packages for lawyers, to conspiracies around Big Law poaching and what it has to do with Elon Musk / the viral TikTok video of a married lawyer caught cheating.

This one was fun.

Confession: we were terrified to post this video because of how controversial data centers are. But we sat down with someone who actually builds data centers, extrapolated costs from financial filings from previous projects, and tried to explain how a half a trillion dollar 10 gigawatt AI data center actually gets built, as simply as we can, in under three minutes, on one sheet of paper.

Tons of caveats given this deal hasn't even been finalized --- especially on the water front: just because many NEW data centers are being built with closed loop system doesn't change the fact that the majority of OLD data centers are still wasteful. And we barely scratched the surface on the energy issues despite spending half the video talking about them.

If you want more on this topic, or other explainers on big issues in finance, business, and tech, comment "SUBSTACK" below!

We know that data centers are a hot button issue, especially when it comes to the land, water, and energy they're using. That's why we sat down with someone who actually builds data centers, extrapolated costs from financial filings from previous projects, and tried to explain how a half a trillion dollar 10 gigawatt AI data center actually gets built, as simply as we can, in under three minutes, on one sheet of paper.

Tons of caveats given this deal hasn't even been finalized --- especially on the water front: just because many NEW data centers are being built with closed loop system doesn't change the fact that the majority of OLD data centers are still wasteful. And we barely scratched the surface on the energy issues despite spending half the video talking about them.

If you want more on this topic, or other explainers on big issues in finance, business, and tech, comment "SUBSTACK" below!
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Possibly the hardest video we've done yet!! We sat down with someone who actually builds data centers, extrapolated costs from financial filings from previous projects, and tried to explain how a half a trillion dollar, 10 gigawatt AI data center actually gets built, as simply as we can, in under three minutes, on one sheet of paper 😅.

Tons of caveats given this deal hasn't even been finalized yet --- especially on the water front: just because many NEW data centers are being built with closed loop system doesn't change the fact that the majority of OLD data centers are still wasteful. And we barely scratched the surface on the energy issues despite spending half the video talking about them 🥴.

If you want more on this topic, or other explainers on big issues in finance, business, and tech, comment "SUBSTACK" below!

We sat down with John Quinn, the "Quinn" in Quinn Emanuel, one of the world's most prestigious legal firms and the one representing OpenAI against Apple in their latest legal battle. The battles happening between all the big tech firms over Intellectual Property are going to be a huge driver of valuation and determining factor in who wins the AI race. And they're not being fought the way you might think.

To listen to the full conversation, comment "LAW" below!

If you’re like us and never want to stop learning, use the code VIPCUSTOMER for 20% off our Investment Banking and/or Fixed Income Sales, Trading & Investing self study.

If you want to learn more drop the word IBST below! ⬇️

The truth about Wall Street and Big Tech

I'll be sure to circle back and follow up ASAP!

Information about his book came from public disclosure (13F and 13Gs) which are limited in scope (missing outright shorts, sold calls and puts, non US listed holdings and swaps) as well as public reporting from news media.

For a full deep dive into what actually CAUSED the semiconductor trade to blow up in July, drop the word SEMI below! ⬇️

Information about his book came from public disclosure (13F and 13Gs) which are limited in scope (missing outright shorts, sold calls and puts, non US listed holdings and swaps) as well as public reporting from news media.