Like how you can “unsend” an email—they are really throttling it, the friction gives a small window to “unsend”. How do bank-to-bank transfers work in 🇳🇬?, In 🇺🇸, if you push $ from your bank, that $ is gone, but if $ is pulled you have 60 days to have it return no questions asked. Happy to join that dm thread!🧵
Also, card chargeback isn’t just abused in 🇳🇬!
Haiti wasn’t particularly bad for most of its existence bc the resourcefulness, determination and grit of Haitians, not anything the state contributed. In fact the state may have been more beneficial to rest of LatAm and even Greece than to Haitians. The state has consistently failed Haitians, and that doesn’t mean foreign interventions didn’t also fail Haitians. Nor does that mean Haiti shouldn’t be independent / free then or now.
I have trouble understanding what positive foundational purpose the Haitian state has had since independence. Toussaint fought to end slavery in the French colonies, not for independence. He was “governor of St Domingue for life” in the island’s colonial constitution. That ended when he got betrayed and turned over to Napoleon, and Dessalines continued the fight / declared Haiti’s independence. After that he, Christophe and Petion had competing views for how the Haitian economy / system should be structured and led to internal conflicts — Dessalines was assassinated, and Christophe killed himself, and the country had no answer to the embargo other than pay reparations to France.
NEW: Utah man drives his car through the front of a Mazda dealership just hours after purchasing the car from the same dealership.
The incident happened in Sandy, Utah, after the man was told he couldn’t return the car.
The man told the dealership that he would drive the car through the front door of the dealership if they didn’t let him return it.
They told him that it was sold "as-is."
The man did exactly what he promised and drove the car through the front door.
He was arrested on charges of felony criminal mischief and reckless endangerment.
Someone asked for fintech impacts, so here are my top-of-mind:
- Less enforcement against crypto -> higher prices, more projects, fewer constraints
- With no Lina Khan, late stage mergers open back up
- Lots of large crypto companies (circle, kraken) waiting to go public now will
- That money will circle back into early fintech & crypto via funds and employees who cash out
- More lax enforcement generally -> more financial scams
- Tax cuts + tariffs -> inflationary pressure -> high rates -> private credit and lending staying attractive
- Hard to tell whether buying a home / taking out a mortgage gets easier or harder
Yeah, I thought this too until I moved down to Silicon Valley. Def an older population that got the bag already so less people in 20s on the grind than up in the city, but to Jackson’s point there are communities of 30+ still hustling on 2nd act as a founder or focused on investing. Basically, not all burbs are created equally - ie East Bay burbs are nice, but they aren’t the Peninsula, Central Jersey burbs (maybe besides a few spots like Princeton) =/= North Jersey burbs, etc
The next way of IPOs will be almost 14 years old when they IPO — if they do in 2025
Add the 180 day lock-up plus 24 months for VCs to distribute …
It may take VCs almost 18 years to get fully liquid post IPO
A long time for 10 year funds