Some quick reactions to the BLS report
1. The labor market continues to exhibit general stasis. The 115000 increase in jobs exceeded expectations, which the main reason for a more positive view. However, wage growth (average hourly earnings) was lower than expected at 0.2%, which mean real wages falling, and unemployment remained steady at 4.3%. These are not blowout numbers, despite some claims of that form.
2. Underlying the overall stability are some important demographic differences. African American unemployment increased from 7.1% to 7.3%.
3. Important sectoral heterogeneities are present. Health care continues to lead the job numbers. The loss of 13000 jobs in the information sector suggest possible AI effects. Manufacturing slightly declined, so tariff policies still a failure with respect to their putative justification.
On New Year's morning, @frank_liquid texted me: "It's time to get liquid, Miumiu. We have everything ready."
4 months later I'm hacking growth on a team that ships and iterates faster than any I've seen, with a founder who still answers every Discord support ticket himself, and user traction that speaks for itself —
40k traders, 120+ countries, $3B+ volume, trading 24/7, over 500+ markets
The past few yrs in crypto taught me one thing: perps are one of most meaningful financial inventions of our generation. Liquid is putting that power in everyone's hands — a mobile-first universal interface, unlocking markets for anyone with a phone and conviction.
I was a user before I joined as founding growth lead. I tested the product, traded on it, and knew.
做正确且难的事情。
Now we've raised an $18M Series Seed. We're pulling in users who've never touched a trading app before — and building out an affiliate program that's going to be stupid lucrative for the right partners.
Having way too much fun building this. DMs open — affiliate partnerships, growth ideas, hot takes I haven't heard yet, anything Liquid💧
been some chatter around apps leaving chains, migrating to new chains, etc
one thing that's become painfully obvious is that no one is coming to save you
doesn't matter what chain you're on, who gave you money, who promised you distribution
what matters is building something worth using
Imagine every pixel on your screen, streamed live directly from a model. No HTML, no layout engine, no code. Just exactly what you want to see.
@eddiejiao_obj, @drewocarr and I built a prototype to see how this could actually work, and set out to make it real. We're calling it Flipbook. (1/5)
Nm (alpha incoming)...
Noble is hiring a 0-to-1 product leader to take on a BOLD consumer bet. It marries the promises inherent in stablecoins with a real world demand for followers to deepen their loyalty with creators. This product sits at the intersection of profound shifts happening in e-commerce and culture RIGHT NOW.
The creator economy is exploding and yet, creators are often stuck in a loop where brands hold the leverage in partnerships → follower churn pushes them to financialize their community → the constant chase for new eyeballs pulls them away from their superfans who actually drive their economics.
We are working on what comes next - a modern loyalty platform, built for tomorrow’s creator economy.
We are looking for a NYC-based product leader who’s shipped consumer apps real people have used and loved at scale. You should have a real point of view on creator ecommerce and are motivated by building category-defining consumer applications. Loyalty, social commerce, or creator economy experience is a plus :)
https://t.co/d78hWVeu3A
Apple today is unrecognizable to me. Creating solutions in search of problems. Per Jobs, "You've got to start with the customer experience and work back toward the technology, not the other way around".
What is the real problem or use case solved by Apple Glasses (and how will it *not* be another AVP-esque product fumble?). I only see possible b2b applications (e.g. medtech), but Apple is not a b2b company and won't find success there.
(🧵1/11) For the past year and a half, I've been investigating OpenAI and Sam Altman for @NewYorker. With my coauthor @andrewmarantz, I reviewed never-before-disclosed internal memos, obtained 200+ pages of documents related to a close colleague, including extensive private notes, and interviewed more than 100 people.
OpenAI was founded on the premise that A.I. could be the most dangerous invention in human history—and that its C.E.O. would need to be a person of uncommon integrity. We lay out the most detailed account yet of why Altman was ousted out by board members and executives who came to believe he lacked that integrity, and ask: were they right to allege that he couldn't be trusted?
A thread on some of of our findings:
fresh off a debate with agency frenemies (🫶) about how overrated and over-rotated they are on product / brand naming. some proof points... @A24@Google@harvey
@harvey imagine starting a legal company in the chronological blast zone of the most high-profile criminal sexual assault lawsuits, and naming that company Harvey...