Categories
Aesthetics Culture

Day 2014 and It Feels Like 2014 All Over

The beginning of the post Great Recession (or The Global Financial Crisis) recovery was just getting traction in 2014, not so much that everyone you knew felt like their goal in life was to become a product manager at Meta or Google.

And this turning point provided a surprising amount of freedom to try to turn an aesthetic into a business. Previously most were happy with an advertising campaign from a big brand and now every constituent part is its own fully monetized subculture.

Money was being thrown at any authentic form of culture that could be commoditized during turn Zero Percent Interest Rate phenomena years. I didn’t know it then but everything I considered to be the day to day culture of my friends was about to be hovered up first by venture and then by private equity and turned brands.

Coolhunters didn’t sell out they were eaten by the inexorable logic of attention economies. More than one Style Forum guy has gone on to success. One of them even runs national security now. No really.

Just as an aside, Freeman’s is still a thing and the New Musuem is involved. Some fashion substack (that is hired an editor who used to run fashion blogs) alerted me to this fun fact. I genuinely feel for folks in fashion as it feels as if culture has simply devoured itself orosbourus style into a null space.

In a post chronological world at the end of history style has nothing to do but recycle drink ideas and how tight or baggy a pant is will determine your swag within your very specific age bracket and algorithmic context.

I’m very grateful I’m not an Instagram addict (just a Twitter one but hey that’s part of my work right?) as I dread the all encompassing algorithmic cycle. Today’s podcast viral hit with Jeremy Giffon reminds us if it is important it will reach you.

And I agree. Being cool has always meant doing your own thing. And we are all just here to be entertained. From Gladiator to Accellerando, our lightcone demanded to be entertained.

So as I flip through Substacks of Condé Nast defectors I feel like they are stuck in my past. Substack works is mostly packaging takes and have yet to package what a crisp market editor would deliver me once a month from the old guard even if it’s already my summer itinerary.

Honestly the first generation of beauty bloggers giving product reviews. What are we even doing anymore? Ipsy turned a YouTuber into a makeup sampler and Allure turned into self into a sampling service. Albeit the best of the sampling services, but still who are we even meant to trust anymore?

Maybe that is why the only style anyone can ever really have honestly comes from study of themselves and their life. What is empathy of not conform to the rules that help make others feel at ease. Manners are after all, meant for the comfort of others not yourself. I am sure that can make it very tempting indeed to only say nice things. Which should be easy as editor of taste. Only tell us about the good stuff.

Categories
Startups

Day 2008 and From Running On A Dream to Running On Our Reactor

I’ve got to remember to keep tissues in my purse. I’m prone to crying when I’m proud. I am a crier by nature and the experience of pride and awe is becoming distressingly common. Woe is me right?

My very early bet on Valar Atomics (I wrote about it on Day 1145 but met Isaiah closer to day 900 early 2023) is paying off years, if not decades, ahead of my expectations. Never did I expect arguably the hardest operational bet in my portfolio to be such a fast breakaway hit. And I owe it to an executive order from Donald Trump and the efforts of patriotic Americans committed to regulatory reform. Which is crazy.

As it turns out, if the government gets out of the way of talented people, nay, if it demands that our state institutions help them, the impossible becomes possible in shockingly short order. The reports of America’s death are greatly exaggerated.

Today in front of a crowd of hundreds of current and potential investors, employees, Orangeville community members, government officials & scientists and most importantly our family members, we watched a reactor (that might not even exist without my first check), power an Nvidea Blackwell chip.

In a demonstration rivaling the greats (Ballmer, Jobs) Isaiah brought up NuclearWebsite.com and asked the audience to load it with him.

“Oh no it’s not loading?!!?” What’s happening? Do we have any electricity on site? Quick someone run the GPUs to the nearest electricity! Go go we can’t disappointment all these people!

And then the Blackwell is rushed into the Ward250 reactor. In real time the chip is run to the control room, gets hooked up and boom the website loads.

The first entirely privately funded nuclear startup was critical, stable, producing electricity and powering state of the art silicon.

We actually did it. The mad lads and ladies of Valar Atomics swept ahead of the competition in a frenzied year of progress (Day 1510) from seed round and Ward Zero to producing electricity to power GPUs.

After a twenty four hour travel marathon to get from the Ionian in the Mediterranean to the southern Utah desert, being back at the Valar Atomics reactor facility for a demonstration of this magnitude felt surreal.

Just a few weeks ago (Day 1969) the reactor was days away from being shielded and then fueled. We’d driven down to see her before she was wrapped up in shielding.

Proud first investors in front of Ward 259

Now not only has she gone critical (Day 1996) but I was able to walk into the running reactor room and see the live reactor for myself. The operator Ben (a former naval nuclear operator) seemed surprised and happy to see me. “Julie! Hi!” He exclaimed as me and the other early lead investors piled in for a tour.

I won’t lie it felt really cool that the team knows me on sight. The perks of being the very first believer (Day 1145) are worth the risk. Sure you get called crazy quite a bit, and only half the time does anyone mean the good kind of crazy, but sometimes you get to enjoy being right.

Jason Calacanis (also a master of the live demo) never lets anyone forget he invested in Ubers seed round. I get to brag I wrote Valar’s very first check

And while success has a thousand fathers and failure is an orphan, I’ll always enjoy the satisfaction of being the very first to take a chance on a long shot no one thought had any business even trying. And well they were wrong. And I was right. Not just right but really fucking right. I backed the long shot dark horse (somewhere around day 950) because my gut told me that the kid had the right stuff. And wow did he.

I only had a dim hint of exactly what we’d be seeing today as the invite said “Watts Next” cohosted by Nvidia and Valar. Clearly a number of us connected the dots because it was packed. The atom would power the compute and we’d get to see it live.

The team after the demo

Every existing investor, and quite a few later stage firms, came out to the middle of nowhere to see if these longshots had really done it. And indeed in just three years the impossible became reality. I’ve never felt prouder to be American. And clearly everyone around me felt the same.

This is a win for all of us. The families who gave up time with their loved ones so their loved one could pursue a dream. The policy makers and scientists who did everything in their power to prove we could make nuclear work again. The investors who wrote checks that no one else wanted to write as it was too risky.

And most importantly, it was a win for the team, led by the indomitable spirit of Isaiah Taylor. Their long nights and constant doubt paid off. The road ahead is long but no one is likely to doubt that we are serious contenders anymore.

I always say there was never a doubt in my mind. I had faith. Isaiah joked he had moments of doubts. I say I’m blessed that I got to be that first believer to say “I think you can do it and I’m going to help.”

And whenever he doubted that we’d make it (there are always near death experiences in any startup) it was my privilege to remind him that doing the impossible is just what we humans do.

Like Captain Kirk, I don’t believe in no win scenarios. I hope you consider joining me for more impossible long shots. Because sometimes taking the shot is worth more than anything else you will ever do.

Want to run your compute on clean renewable cheap American energy?
Categories
Culture Startups

Day 2002 and Rolling Calls

One of my extended family members owns an agency where they represent some well known talent. I learned a lot from them in both my childhood but as I came into my own as a business person.

They were basically always on the phone. When I was younger it was in an office with an assistant (who I got to know and watch grow into a career) but these days being on the phone is a far more mobile affair.

This practice was referred to as “rolling calls” where the agent and assistant are constantly going back and forth like a switchboard operator with the set of people needed to get a deal done.

Agents were big early adopters of the BlackBerry and rolled those calls straight into the iPhone. Being of an older generation talking was the way call rolling worked with a side of email delivered by your mobile device.

I’d say it’s probably as much a voice game as it is a text game now. My version of rolling calls is rolling Signal chats and Twitter DMs. A couple of good group chats self organizing can make your day really fire. So I’m rolling calls except I’m rolling chats and texts. It’s still basically the same job. We ping until we find the person who gets us to the deal. And then you close.

Categories
Startups Travel

Day 2001 and My Odyssey Continues

A vast somewhat intimidating vista is stretching ahead of me between two thousand days of writing every day and the possibility of reaching three thousand days of writing every day. One day and one post at a time right?

So like any sane woman setting out on a long journey, I ate a salad, had some protein and checked myself into a spa for a massage. No reason to start a long journey exhausted right? I need to pace myself.

I got a pedicure to immediately turn restoration to grooming necessities, but one can’t keep pool blue toenails all summer. Not every day is spent on the Ionian. Some days are spent at nuclear facilities in steel toed boots. Other days are spent in kitten heels inside conference rooms.

Just in case anyone does need to see my toes after those scenarios, I try to maintain a tidy nude set of nails. Isn’t it strange what expectations we have for women?

I may work remotely, at odd hours and in odd locations that allow the occasional eccentricity, but at any moment I might need to be on an airplane headed to parts unknown. You only get to be so weird when you have big goals.

In this case, next week I’m headed to a desert town and then a state capital. That’s state is becoming a more regular occurrence in my life. That’s a pretty big privilege for me.

Being a supporting player in a number of larger endeavors gives me the chance to add additional gravity if and when I might be useful. Even if it is just showing up as a cheerleader. I love trying to convince smarter, better capitalized and better connected players than me that indeed it is my startups are the winners in the grand game of macro-cycles.

I wrote that the world was getting to be a lot more chaotic when I first started this writing journey. Now that’s common knowledge. Then and now, I care about adaptability to this increasing complexity. This has turned out to mean compute, energy and decentralization.

The strength of your network is in the flexibility and foresight of its nodes. And I hope I remain a trusted node at the forefront of our long journey as a species for as long as I serve us well. I’ll carry on this Odyssey till then.

Categories
Finance Startups

Day 1996 and Criticality at Valar Atomics

I am going to be scattered and long winded so please excuse my exhaustion and joy, as I have used up all of my focus in the excitement of a truly incredible moment that represents years of work.

I watched “our” reactor go critical on a livestream with the Valar team. Yesterday midafternoon on mountain standard time (around 1:45am for me on GMT+3) in the beautiful desert of Orangeville Utah, Valar Atomics took its Ward 250 critical for the first time.

Mission Control at Valar Atomics

Moments ago, Valar Atomics took Ward 250 critical for the first time. This fulfills President Trump’s EO 14301, which called for 3 advanced reactors to go critical by July 4th.

This is our second criticality as a company, and an important step toward our goal of power by July 4.

This is a historic moment and the culmination of two years of work on the part of the Valar Atomics team. This is the most hardcore, intelligent, and driven people I’ve ever had the privilege of working with; which will be seen as we begin power ascension in the coming days.

Our mission at Valar Atomics is to make abundant energy for all mankind. The best way to make energy 10x cheaper today is to mass-scale nuclear fission. We began our mission by creating WardZero, our fully functional thermal prototype. Next, we took the NOVA core critical.

Today, we took the next step: criticality in the Ward 250 test reactor. Ward 250 is a TRISO-fueled High Temperature Gas Reactor (HTGR) designed for simplicity and scale, and is the first nuclear reactor ever air-lifted by a C-17.

We’ve been honored to be become part of the community in Orangeville, Utah, the home of Ward 250. Many thanks to all of our government partners who made this possible: hundreds of individuals across the Trump administration, the DOE, the DoW, and the government of Utah.

The list of individuals who have spent their time and energy and talents to accomplish this feat is too long to list in one post, but I am incredibly grateful to all of them.

Isaiah Taylor of Valar Atomics

I am one of those individuals who spent their time, energy, talents and capital to accomplish this incredible feat. Investing in Valar may well be the greatest accomplishment of my life.

You see I am Valar’s very first investor. Yes I mean I wrote the very first angel investment check from my small venture fund.

I know it’s a little crazy that a weirdo like me should be investing in small modular nuclear reactors built by brilliant young Zoomers and equally brilliant old timer experienced nuclear engineers, but weird is how I invest with chaotic.capital.

Crazy but possible makes complete sense to me. So I said he’s. And we chewed glass for a few years working towards the possible, while everyone told us it couldn’t be done.

Through the magic of Twitter DMs, I met Isaiah before he had even started Valar. He was working on another startup I didn’t love but I knew immediately that I loved him as a founder.

I was so impressed with his intelligence and his capacity to learn quickly. He had that ineffable “it” quality that all founders possess in some measure. He took feedback well but had a firm backbone. He listened to one piece of advice I gave him and based on that decision alone, I told him I’d back anything he did in the future and I meant it. I’ll admit I didn’t expect it to be “I’m building a nuclear reactor” but I am true to my word.

Fast forward several years and here we are. Just a few weeks ago I was racing through the desert to see the reactor our first check helped build the day before it was encased in shielding in preparation for criticality. It will be a memory I will treasure forever.

A few months ago this hanger didn’t exist

We’ve been there for every step of this amazing journey. It was an objectively insane thing to invest in. Yet the more time I spent with Isaiah the more convinced I was that he was a generational talent. The best part of being first is the opportunity to spend lots of time with a founder before anyone else learns of their genius. I learn as much from them as they do from me. And Isaiah is a quick study.

I wrote the check and went about the long grueling process of convincing others they should invest alongside me. It wasn’t easy. We got told no a lot. Failure lurked around every corner. People ranged from outright hostility to tempered skepticism. There were moments when defeat felt very close.

There were hard times. A lot of glass chewing. I never wavered in my belief that Isaiah would get it done. Alex and I were blessed with the opportunity to invest more and gladly wired in additional capital when others couldn’t see as far as we did. This may well be a career defining investment for me. I intend to keep putting in whatever Isaiah will allow us to invest.

Now three years into this journey, it’s clear to everyone that Isaiah is the talent I always knew him to be. I may have been first but I won’t be the last. This is the kind of company investors dream of finding early and Isaiah is a leader I am proud to follow. Valar is racing towards the kind of future I want to build for the next generation. Abundant cheap fuel can power a better cleaner world for all of us.

And to everyone who said it couldn’t be done, or that it was too early or too risky to invest in something as crazy as nuclear, please let me invite you to join us now. There is much more to be done. We will need all the talent and capital we can get to win this bright future for America and for humanity.

Categories
Aesthetics Culture Travel

Day 1970 and Slowpokes Get Out of The Passing Lane

Everyone goes at their own pace. True for kids, organizations, nation states and Americans on road trips. I don’t like to be rushed anymore than anyone else. I probably dislike it more honestly. I take my time with almost everything.

But I understand that I need to get out of the way of someone who wants to go faster than me. I let folks going at a faster pace enjoy the right of way. I’ll encourage them to accelerate by getting out of the way.

It seems I am a bit unusual in this self awareness when it comes to sharing our transportation paths. Maybe I get it from learning to drive on mountain roads where one unaware driver can slog traffic for hours. Or maybe it was reinforced during years of city living where slow walkers are punished with jostling and cussing. “Get out of the f*cling way you damned tourist!”

But America’s interstate system carries travelers of all kinds from all nations. Especially on a long holiday weekend like one.

Interstate 15 run 1,433 miles long from end to end. Starting in San Diego at the Mexican border and ending in Sweet Grass Montana where it turns into Highway 4 in Canada it covers a lot of different terrain.

I did the Montana through Idaho to Utah portion which is pretty much straight through. It is roughly 558 miles from my home in Montana to the Utah San Rafael Energy Lab in Emery County) and much of that distance is a straight line on I-15 through 3 states.

Montana’s scenic routes merging to I-15

That means I’ve driven over a thousand miles this week. Welcome to the summer amirite?Even if you take a detour for the scenic routes through Yellowstone, or pop up to Deer Valley in Park City like I did, you are running about a third of the route of one of our greatest roads.

I law a lot of misunderstanding of the manners involved in using the left passing lane and the right merging lane. The right lane or lane #2 is for merging onto the highway, exiting, and driving at or below the average speed. Slower traffic must stay here. The left lane or lane #1 is for passing traffic. In some states, cruising in the left lane is illegal and can result in traffic fines.

This system is now how one is meant to aid the smooth flow of motor vehicle traffic on our interstates. And boy I saw a lot of misunderstanding of the manners of this system.

Utah Bluffs

I saw a cop have to ride the butt of an old couple going 50mph in a 75 express lane before he gave up and flashed his lights. They still didn’t yield.

I saw a pile up of 20 plus cars behind a struggling 4 wheeler who inexplicably wouldn’t budge from the passing lane even when he could have gone to the right.

I saw a pair of motorcyclists dodging and weaving between left and right lanes around motorists as they raced each other, several times swerving back and forth around our Subaru. Heck I even saw a tricked out rice rocket style Subaru barrel through the interstate that runs through Idaho Falls.

So please if you take to our fine interstate roads this weekend please remember to stay in your lane. That’s not a metaphor. I mean it literally. And if that’s not for you maybe consider another mode of transportation? You can do 500 miles like Arlo Guthrie that way. Every native son knows the tune.

Good morning, America, how are you?
Say, don’t you know me? I’m your native son
I’m the train they call the City of New Orleans
I’ll be gone 500 miles when the day is done. – City of New Orleans

I will say I’m glad to be home safe and sound in Montana. We took a detour and added a day for our adventures to Valar after our fancy conference and I am sure glad we did. But it’s nice to celebrate the official kick off to summer in my own backyard. I’ll be back on the road soon enough.

Coming up home through Yellowstone
Categories
Finance

Day 1944 and The Polymarket 1% Same As Any 1%

I am not a gambler. I don’t know how to play poker, or honestly any card game without a tutorial. I find the idea of playing the long odds where I have no advantage to be a bit crazy. Why would you involve yourself with a likely net negative outcome other than as entertainment?

People don’t do math though so I am sure I am overthinking the appeal. I am regularly amused by people who think that finance amounts to little more than legalized gambling

I chalk that attitude up to innumeracy and try to worry more about the challenges of introducing regular people to investing in assets where they can calculate the odds of a positive expected outcomes. People should be allowed to do as they please and I believe that self-interest has had positive outcomes here.

I am not for a nanny state. Quite the opposite. Regular people aren’t allowed to invest in private markets where I do most of my work and the accredited investor rules have significant downsides when companies stay private forever.

Companies used to be acquired or they would go public where anyone could invest in a new company they believed in. Thats how regular people like me would make money. Alas fewer companies make it to the IPO market (or are delaying the process) and have growth less in the public markets. So now I worry more about how anyone builds ownership in anything.

I myself am a boring public market investor. We can all work off the same numbers and animals spirits. Keep it simple with ETFs, some bonds and treasuries and the risky bits are contained to my specialities. It’s almost like I know the work is best done by professionals and computers.

Alas, finance and gambling both require having some grasp of the numbers. And this is getting to be a problem all around. I used to think well it’s not too hard to build a basic portfolio. There are books you can read.

Well, we’ve got a fun substitute for day trading now and it’s definitely more fun than owning some ETFs. Prediction markets have finally taken off. I hope for them to be liquid markets for information and exchange but it’s also fun for gamblers

II don’t know enough about how to place a decent bet though so I don’t use them. I’d rather take risk where I have the edge. And the data seems to bear that strategy out. The people who make money in Polymarket are the top 1 percent who know what they are doing

Martineau recently co-authored a paper that found that since 2022 around 69% of traders on Polymarket lost money, while the top 1% captured three-quarters of the profit

This didn’t strike me as particularly surprising, as presumably the people who lose money in any kind of trading situation are the ones who don’t actually understand the odds that they’re working with and the information that they have.

If you buy a random stock on a hot tip, that’s not really going to get you much further than placing a random bet on polymarket. Of course, the people who are making real money are sophisticated.

Automation seems like exactly what you would want if you knew the parameters of the market and the likelihood of payout, which is incidentally also how every other corner of finance works. So unless you’re the kind of idiot who trades on information they have on special forces actions, say, maybe it’s best to leave some of these things to the professionals.

Categories
Aesthetics

Day 1910 and Eyes at the Waldorf

I don’t wear makeup everyday. When the pandemic hit and life moved online, one could easily slap on a video filter and avoid the additional labor required to look professional as a woman.

I went from a life where wearing a full face of makeup was the professional default expectation to one where there was no expectations at all. People don’t like a world without rules.

That vacuum of expectations has been filled with even more intense appearance expectations. Now that “in real life” experiences have become luxuries, many social interactions have developed new norms in which cosmetics are part and parcel of expected manners and basic decorum.

Not all scenes have incorporated makeup. Technology is still relatively laid back about visible makeup but many have gone the opposite direction. Washington D.C. is a scene where professional expectations demand polish.

Maybe some of this is the Boomer expectations of television ready appearances or maybe it’s the constant Zoomer video recordings but this town likes a full face. A beat mug with a limp wrist as they say.

That means your face’s skin has multiple different layers from contour to powder, your eyes require eyeliner, eyeshadow and mascara and your lips are lined and colored.

I’ve enjoyed doing a “natural” look this week which despite its misleading name is still quite a few steps. The basics aren’t that hard though. Light brings a feature forward. Shadows move a feature back. Everything else is details.

I brought cosmetics for a few friends and one girlfriend who mentioned the cosmetic expectations asked me for some basic advice on eye makeup as she’s found it a nuisance and quite a bit of work.

I grabbed a few eyeshadow sticks and we popped into the bathroom of the Waldorf which was the home base hotel of the conference I’d been attending.

I will use brushes and powder eyeshadow palettes when I need a very specific look, but if I just need to be “done up” I like the ease of an eyeshadow stick. You smudge some depth into your crease and some light on the inner edge and you are good to go.

Two or three colors gets the job done. I use a gel twist up eyeliner just on upper line. I prefer lengthening mascara or tubing varieties as volume mascaras tend to drop fiber.

Demonstrating this process got us a small audience. The bathroom attendant was curious about the ease and speed at which this was possible. Nothing brings women together quite like the rituals and secrets of aesthetics. All eyes on my eyes and all hearts open to finding a new way to feel comfortable. That’s beauty to me.

Categories
Politics Travel

Day 1904 and Ms Fredrickson Goes to Washington

I will be in our nation’s capital next week for a gathering called the Hill and Valley Forum. It’s been ongoing for a few years but I am not someone with a lot of exposure to Washington and wasn’t sure I should pitch myself when the forum describes itself as such.

We host public discussions, panels, and published dialogues that highlight leading voices at the intersection of technology, security, and geopolitics.

Perhaps it’s silly not to think of myself as a leading voice in technology but I don’t know much about security (or its cousin defense) and my commentary on geopolitics is for fun on Twitter.

However, having seen others fail where I have succeeded, in passing successful bipartisan artificial intelligence policy I thought this year I should throw my cap in the thing. It’s not a nice feather having successfully brought the right to compute campaign from citizenry to policy to law in Montana.

It is now succeeding at the national level as states like New Hampshire have passed it in their house and well respected bipartisan policy organizations like ALEC have recommended it as policy.

My husband made a pilgrimage to our capital as the gentleman from Montana to testify before Congress last spring. I was very proud of him. I suspect he is easily as proud of my work on compute policy.

So if you’d like to meet some real Americans (8 wasn’t aware we had fake ones) and are in Washington D.C. drop us a line. I’m hoping to do a little meetup maybe on Monday but not all of my in groups will each other so maybe I’ll do more than one.

But wherever happens I’m excited to share time with other patriotic Americans who do the hard work of making sure we are governed well.

Categories
Startups

Day 1873 and Flying A Micro-Reactor on a C-17

I spent most of yesterday on an airplane. I flew nearly 12 hours along the polar routes to go from Heathrow to America’s west coast. I flew British Airways and was disinclined to spend the many pounds for internet access.

Alas this meant I missed the rollout of the joyful flight of one of my favorite investments. Valar Atomics began its journey from California to Utah just as I too was flying. Me and the reactor I angel invested in were both up in the air like bluebirds and sunshine.

HILL AIR FORCE BASE, Utah, Feb 15 – The U.S. Departments of Energy and Defense on Sunday for the first time transported a small nuclear reactor on a cargo plane from California to Utah to demonstrate the potential to quickly deploy nuclear power for military and civilian use.

The agencies partnered with California-based Valar Atomics to fly one of the company’s Ward microreactors on a C-17 aircraft — without nuclear fuel — to Hill Air Force Base in Utah. Via Reuters

I tear up just thinking of the incredible accomplishments of millions of people coordinating together across centuries that these technologies represent.

It’s easy to think of ourselves as being small in the vastness of time and space. I almost cannot believe I was handed such gifts in this life, but I can claim a small but early part in Valar’s story.

U.S. Energy Secretary Chris Wright and U.S. Under Secretary of Defense for Acquisition and Sustainment Michael Duffey on board a C-17 cargo plane that transported Valar Atomics’ Ward nuclear microreactor from March Air Force Base in California to Hill Air Force Base in Utah, at the Hill Air Force Base in Utah, U.S., February 15, 2026. On the right, with the American flag and the Valar logo on his jacket is our CEO Isaiah Taylor

Just a little over three years ago I sent Isaiah a message on Twitter. We had a lot in common and I felt a kinship with this young entrepreneur. It was before he had even begun the incorporation work on Valar. He was working on something else, but I trusted his quiet intelligence and admired his humble inquisitiveness. We kept in touch as he mapped out his path.

His lack of ego instantly marked him as special, as it meant he could hear even the hardest criticisms. His fortitude was clear. He could incorporate what was necessary into his mission, a skill usually developed much later in life.

It’s rare to build trust so early on, and yet we both did. I told him I’d back anything he did so long as he was the CEO. Little did I know just how lucky I would end up as his very first backer.

You might think you will have doubts in high risk early stage investing. But I’d be lying if I said I didn’t believe in him from day one. I knew he was on a mission bigger than any of us. I knew it and he knew it. For God and country as they say.

That faith was required, as it was tested in rapid succession again and again over the next three years. Chewing glass is part of every startup. Even when you go as rapidly as Valar has gone, there are harsh conditions, brushes with death, and moments of utter joy in between.

Not only did we write a first check in the angel round, but in tight spots before the seed closed we wired follow on within minutes when a concern about a cash flow question arose. We put together special purpose vehicles. Nothing could jeopardize this mission. I’d invest more if I could.

We weren’t always the ideal investors as we struggled to showcase to bigger and better firms our conviction. Not too long ago it was all about being asset light and software as a service. Thankfully the execution always outshone the skeptics and we were ahead of the times. And while the skepticism was fierce, Isaiah never wavered. Neither did I.

Today is day 1873 in my daily writing log. I first wrote about Isaiah on Day 1145 which means somewhere around day 780 or so is likely when we first met. I wrote on day 1510 almost a year ago about their seed round and the first successful thermal testing. On day 1721 they broke ground in Utah.

And you can better believe that I am looking forward to July 4th this year. We promised the president we’d be turning on the reactor, so there is much to be done between now and then.

Even the Department of Defense (War?) is writing swan songs about Valar from the Pentagon Twitter account

At March Air Reserve Base, California, yesterday, a next-generation nuclear reactor was loaded aboard a C-17 Globemaster III aircraft for transport to Hill Air Force Base, Utah. The reactor will eventually head to the Utah San Rafael Energy Lab for testing and evaluation.

The Ward 250 is a 5 megawatt nuclear reactor that fits into the back of a C-17 aircraft could theoretically power about 5,000 homes.

For military use, such a reactor could provide energy security on a military base ensuring the mission there need not depend on the civilian power grid, and in military operations overseas, such reactors would mean U.S. forces could operate without concern that an enemy might cut fuel supplies.

A reactor such as the Ward 250 also means greater energy security for the entire United States. It is firmly in line with President Donald J. Trump’s executive orders to reshape and modernize America’s nuclear energy landscape.

The president signed four executive orders designed to advance America’s nuclear energy posture, May 23, 2025. Those include “

Reinvigorating the Nuclear Industrial Base,

” “

Reforming Nuclear Reactor Testing at the Department of Energy

,” “

Ordering the Reform of the Nuclear Regulatory Commission

,” and “

Deploying Advanced Nuclear Reactor Technologies for National Security

.”

Michael P. Duffey, the undersecretary of war for acquisition and sustainment, said the partnership between the War and Energy Departments is critical to advancing the president’s nuclear energy initiatives.

“It’s clear to me that advancing President Trump’s priority on nuclear energy depends on close coordination between the Department of Energy and the Department of War,” Duffey said. “This partnership ensures advanced nuclear technologies are developed, evaluated and deployed in ways that strengthen energy resilience and national security.”

The future of warfare is energy-intensive, he said, and includes AI data centers, directed-energy weapons, and space and cyber infrastructure. The civilian power grid was not built for that, and so the War Department will need to build its own energy infrastructure.

“Powering next generation warfare will require us to move faster than our adversaries, to build a system that doesn’t just equip our warfighters to fight, but equips them to win at extraordinary speed,” Duffey said. “Today is a monumental step toward building that system. By supporting the industrial base and its capacity to innovate, we accelerate the delivery of resilient power to where it’s needed.”

Secretary of Energy Chris Wright said that with small reactors like those transferred from March Air Reserve Base to Hill Air Force Base, the United States is aiming for a nuclear energy renaissance.

“The American nuclear renaissance is to get that ball moving again, fast, carefully, but with private capital, American innovation and determination,” Wright said. “President Trump signed multiple executive orders that have unleashed tremendous reform of all the things that stopped the American nuclear industry from moving.”

Part of that effort, he said, will mean that by July 4, three small reactors will be critical — or running smoothly.

“That’s speed, that’s innovation, that’s the start of a nuclear renaissance,” Wright said. By

C. Todd Lopez

, Pentagon News