The Trouble with Tokens
The Trillion-Dollar Stopgap
In Silicon Valley, Richard Hendricks’ “middle-out” compression was a platform-level breakthrough.
The incumbent Hooli was just brute-forcing the problem by throwing massive, expensive hardware at the wall to get incremental gains in streaming and storage. Pied Piper’s breakthrough wasn’t just “10% better” it was a fundamental, 10x shift that made the ol…
