The Billion Robot Bet: What the Valuation Actually Tells Us
How Figure AI's belief cascade reveals the real mechanism behind pre-revenue tech valuations
 • Uncle Loong
How Shenzhen Beat Oxford in Breast Pumps
Elvie was founded by Oxford-educated entrepreneurs, raised tens of millions in VC funding, and built the first genuinely wearable breast pump.
 • Uncle Loong
Why Not Knowing Is the Product
PopMart sells blind boxes.
 • Uncle Loong
LEGO Had 13,000 Products. Then Nearly Went Bankrupt.
In 2003, LEGO was technically insolvent.
 • Uncle Loong
88% Retention: How OURA Cracked Smart Hardware's Worst Problem
The most important number in smart hardware isn't units sold.
 • Uncle Loong
The $2,800 Robot Dog vs. The $74,500 One
A robot dog that costs $2,800.
 • Uncle Loong
A $39 Billion Robot Company With Almost No Revenue
In February 2023, Figure AI was worth $70 million.
 • Uncle Loong
Meta Sold 7 Million Pairs of Glasses That Have No Screen
In 2025, Meta sold 7 million pairs of Ray-Ban smart glasses.
 • Uncle Loong
The $240 Million Bet That Screens Are the Problem?
Here's the counterintuitive truth about the $240 million bet that screens are the problem: in 2022, two of the people who spent their careers perfecting…
 • Uncle Loong
A 400-Year-Old Hemorrhoid Cream Goes Viral on TikTok?
Here's the counterintuitive truth about Mayinglong: it's older than the United States by 194 years.
 • Uncle Loong
Eight Sleep's $1.5B Trojan Horse: What Happens When You Stop Paying?
Eight Sleep, the company behind the $3,000 smart mattress cover, isn't selling you a bed — they're selling you a subscription.
 • Uncle Loong
The $1.5B Trojan Horse: What Eight Sleep Is Actually Selling
The Hook
 • Uncle Loong
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