01 / THE RECORD
Ideas, followed further.Selected thinking.
All theses & memosInvestment memo
Panthalassa
A wave-powered ocean data center Thiel just backed. The platform may be worth building; the cargo it carries is racing to zero.
Investment thesis
Photonic Interconnect
Light as the structural successor to copper in AI scale-up.
Investment memo
Dolphin Network
They built the customer before they built the network. The token buys itself with 100% of network revenue. The API has not opened yet.
Research
Hard Limits on Sparse Bioelectric Control
Bioelectric repair is a dimensionality problem, not a dose problem. Below a critical number of intervention sites, no amount of stimulation works.
Research
Stranded or Fungible?
Testing whether Extropic’s thermodynamic-computing moat survives scale. On what I could measure, the moat looks more like a head start.
Investment memo
Venice AI
A dual-token AI protocol — VVV for ownership, DIEM for compute — built for autonomous agents, not humans.
Research
Culture Without Function
Emergent coordination in artificial systems, through costly signals.
02 / A LITTLE CONTEXT
Curiosity first.
Conviction earned.
I’m Chris Cable, an investor, operator and father based in Sydney, exploring AI, crypto and frontier science.
My path has taken me from equity research to leading insights and analytics at Diageo in New York. Today, I manage a private portfolio, follow questions, test ideas and write up my thinking.
The barbell philosophy shapes how I think about life as well as investing. Away from the desk, that means kettlebells in front of the kids and making more time to take them fishing on the water.
Building, investing or researching something interesting? I’d enjoy comparing notes.
More about me