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Jack Dorsey, Anthropic, and Scary Movie

Jack Dorsey, Anthropic, and Scary Movie

March 1, 2026

What. A. Week. We’ve been getting nonstop requests for LTRs for as long as I can remember since launching mogul, so to see them live on the platform now is just a great feeling. Even better is the demand we’ve seen, enabling us to surprise everyone with a second LTR on the same day we launched our first.

Diversification is key for us here at mogul, so to be able to provide you with a new asset class poised to provide long-term stability is a big milestone for us. This, however, is just the beginning…we’re just getting started.

Anyway, that’s enough from me. Let’s get into it.

- Alex Blackwood

QUICK HITS

Paramount seals it

Paramount seals it

🎬 Paramount Seals $110 Billion Warner Bros. Discovery Merger - Paramount Global has officially signed a definitive $110 billion agreement to acquire Warner Bros. Discovery, emerging as the sole victor after Netflix exited the bidding war. The massive deal, confirmed by executives on February 27, 2026, unites HBO, CNN, and the Warner Bros. film studio with Paramount’s portfolio to create a dominant streaming and content powerhouse. While the $31-per-share offer successfully fended off rivals, the transaction now faces intense regulatory scrutiny as the industry prepares for a total reshaping of the Hollywood landscape.

🇺🇸 Anthropic at odds with the Pentagon - Anthropic CEO Dario Amodei rejected the Pentagon's demand for unrestricted access to its Claude AI model, refusing to remove safeguards that block autonomous weapons targeting and domestic surveillance. The Trump administration, unsurprisingly, was not happy and ordered all government agencies to stop using Anthropic. The kicker? OpenAI then signed a deal with the U.S. government right after.

💻 Why Nvidia’s Record Numbers Don’t Ease AI Concerns - Despite posting huge revenue and earnings driven by AI demand, analysts caution that Nvidia’s latest results don’t fully settle worries about the broader AI market. Investors and industry observers remain concerned about supply constraints, regulatory scrutiny, competition, and the sustainability of the AI-driven growth curve, suggesting that Nvidia’s strong performance may not shield the sector from volatility or market corrections.

AI REVOLUTION

Jack Dorsey's surprise announcement

Jack Dorsey's surprise announcement

Block, the fintech company led by Jack Dorsey that operates Square, Cash App, and Afterpay, has announced one of the most consequential restructurings in modern history, cutting more than 4,000 employees and reducing headcount from over 10,000 to just under 6,000. The move marks a decisive shift toward an AI-first operating model and represents one of the most significant AI-driven workforce reductions in S&P 500 history.

The Case Dorsey Is Making
Dorsey has been explicit that this is not a distress-driven decision. Block posted Q4 2025 gross profit of $2.87 billion, up 24% year-over-year, with Cash App alone growing 33% and adjusted operating income up 46%. His argument is strategic: AI has fundamentally changed the economics of how technology companies build and scale, and he warned in a shareholder letter that "within the next year, the majority of companies will reach the same conclusion and make similar structural changes". He added that he would rather Block get there proactively than be forced into it reactively.

How AI Is Being Woven In
Block has been building its AI infrastructure for some time. Its open-source AI agent Goose, co-developed using Anthropic's Model Context Protocol, is already used across virtually all of Block's teams and is saving engineers eight to ten hours per week. At the product level, Block is embedding AI directly into its merchant and consumer platforms through Square AI and MoneyBot for Cash App users, deepening the role of automation across its entire ecosystem. Block's CFO Amrita Ahuja framed the layoffs as positioning the company to "move faster with smaller, highly talented teams using AI to automate more work".

What This Means for the Jobs Market
The severance package for affected U.S. employees includes 20 weeks of base salary, an additional week per year of tenure, equity vested through the end of May, six months of health coverage, and a $5,000 transition payment.

Beyond Block's walls, however, this announcement carries a much larger signal for the broader labor market. White-collar and knowledge-worker roles, long considered insulated from automation, are now directly in scope as AI agents take over tasks that once required full-time engineers, analysts, and operations staff. Block's stock surged following the announcement, reflecting investor enthusiasm for leaner, AI-powered business models. That market reaction is itself a warning: companies that maintain large pre-AI headcounts may face pressure from shareholders to follow suit. As Dorsey put it, most companies are simply late to a conclusion that is already being reached in a not too distant future.

WE NEED TO PAY THE BILLS SOMEHOW

Ultra luxury in the Poconos

Ultra luxury in the Poconos

Over $500,000 has already been raised for The O’Hara, a luxury 8-bedroom, 9-bath short-term rental estate situated on more than five acres in the Poconos. The 6,500+ square foot property features a private pool, indoor swim spa, koi pond, and a premium amenity set designed to attract large groups and high-end bookings. The O’Hara has a strong operating history across Airbnb and VRBO, generating $309,000 in 2025 revenue with $207,000 already booked for 2026, and is professionally managed at below-market rates.

Underwritten for $292,000 in Year 1 revenue and a 7.87% cash yield, this off-market Mogul opportunity offers exposure to a proven asset in a top-tier drive-to STR market, supported by a total equity offering of $990,781.

Secure your allocation while availability remains.

INVEST TODAY

OTHER STUFF THAT CAME UP THIS WEEK
  • A 20-year-old plaintiff is set to testify in a high-profile case alleging that major social media platforms contributed to addiction and harmed users’ mental health. The trial could set significant legal precedents regarding tech companies’ responsibility for user well-being, especially among young adults and teenagers, as lawyers present evidence linking engagement-focused algorithms to psychological and behavioral impacts.
  • Kim Jong Un has reportedly offered U.S. leaders a stark diplomatic choice between coexistence or confrontation. In his message to Donald Trump, Kim framed this as an opportunity to reset ties, emphasizing that improved relations depend on Washington’s response to Pyongyang’s security and sovereignty concerns. Given what's transpired with Iran the past couple of days, it's safe to say this is probably an afterthought for now.
  • Comedian Marlon Wayans has sent social media into a frenzy by sharing a fan-made, bootleg trailer for Scary Movie 6 that parodies the upcoming Scream 7. Following the official announcement that the Wayans brothers are returning to the franchise they launched 25 years ago, Marlon used the viral clip to poke fun at the recent production hurdles of the Scream series, which has faced high-profile cast departures and delays. As a big Scream and Scary Movie fan, I can't help but be enthralled by this.
BOOK RECOMMENDATION

Open by Andre Agassi

Open by Andre Agassi

Andre Agassi’s autobiography, Open, is the kind of memoir that grabs you right away and doesn’t let go, whether you're a tennis fan or not. I went in expecting a typical sports bio: big matches, big moments, lots of victory talk...but it’s way more personal than that. It reads like someone finally being completely honest, and it’s written in a very smooth way that makes it hard to put down.

The best part is how fearless Agassi is about showing the messy side of success, which many often don't show. He talks about pressure, exhaustion, and how complicated it can be to live up to an image everyone else has of you. You get the sense that tennis wasn’t just a game for him; it was this constant force shaping every aspect of his life.

By the end, Open feels less like a tennis book and more like a story about growing up under expectations and trying to take control of your own life. It’s very intense at times, but it’s so rewarding. Even if you’ve never watched a single tennis match in your life, it’s still a really strong read, and easily one of the most memorable autobiographies I’ve come across.

⭐ 4.81 / 5.0 in my book (no pun intended)

QUOTES I CAN'T GET OUT OF MY HEAD

Guess where from, answers below

Guess where from, answers below
  1. “Wait!”
  2. “Peace was never an option”
  3. "The things you own end up owning you.”
FUN FACT OF THE WEEK

There’s a shrimp that can punch faster than a bullet.

The mantis shrimp snaps its claws so fast that it creates a shockwave hot enough to briefly produce light. Probably best not to upset it.

QUOTES I CAN'T GET OUT OF MY HEAD

A Knight of the Seven Kingdoms is so so good.

  1. A Knight of the Seven Kingdoms (2026) Aegon
  2. X-Men: First Class (2011) Magneto
  3. Fight Club (1999) Tyler

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