Hi, I’m Bhuvan.This is my commonplace book.

How to value companies when you're a cokehead

Now, TAM is de rigueur in any venture capitalist’s slide deck or IPO prospectus. Its usefulness is another matter. Uber touted a $12.3tn TAM in its 2019 listing; its annual revenue today is less than $60bn. WeWork’s $3tn addressable market of office properties didn’t save it from bankruptcy. But for a company like Anthropic, TAM is as good a place as anywhere to start. Investors aren’t groping totally in the dark, thanks to…

We were sloppy we'll before AI

If AI is slop, then so are humans!

Qwen3.8-Omni-Flash and Qwen3.8-LiveTranslate

Interesting model launches from Qwen. Omni Flash especially seems promising as a workhorse model for simple text classification and voice transcription tasks. Just started testing it in a voice dictation app I built myself to transcribe my voice notes and so far so good. some audio tasks and so far so good.

Notes from messing around with vision, text, and audio models

The bulk of my vibe-coding experiments over the last few months have involved audio and video, or rather audio and vision, and I’ve been experimenting pretty heavily with multimodal models. So this is just a small guide based on what I’ve used. If you have some project where you need vision capabilities for text…

Why Japan matters

The Japanese government bond market is among the world’s largest and deepest and remains an important safe haven for investors when conditions deteriorate. Combined with Japan’s open capital account, sizable international investments, and growing foreign participation—including in mutual funds and hedge funds—this makes for strong global financial ties. As a result, developments in the Japanese debt market can affect other…

Reading list on open source AI

To read

Hidden chokepoints

One of India's biggest digital vulnerabilities sits on a six-kilometre stretch of Mumbai's Arabian Sea coast. Around Versova, a densely populated neighbourhood on the city's northwest, at least 13 of ++India's 18 intercontinental submarine cables++ come ashore within six kilometres of one another. Together they carry as much as 95% of India's international bandwidth to Europe, Africa and West Asia. "This network faces a…