My brother left his credit card at the airport in San Diego before boarding a 15 hour flight overseas and the woman who found it went on a shopping spree… and then paid her electric bill with it.
She paid HER electric bill with a stolen credit card 😐
ByteDance offered $30 million for Xiao Hong's AI startup in early 2024.
He said no.
Twenty months later, he sold to Meta for $3 billion.
The difference: He relocated to Singapore, laid off his entire Beijing team, bought out Tencent, and severed every Chinese tie before the acquisition.
100x return on geopolitical arbitrage.
The playbook is now public.
Beijing's response: "frustration" that America "is walking away with technology built by Chinese engineers."
But by the time they noticed, it was already too late.
Here's what nobody's saying: The export controls designed to contain Chinese AI may be accelerating brain drain instead.
The most talented Chinese AI founders now have a template. Build in Beijing. Exit through Singapore. Sell to America.
One startup just rewrote how Chinese innovation reaches global markets.
The exodus is coming.
Read the full story here - https://t.co/PXFlD1hiI6
When Pusha T came out & said that diss tracks were dead to him because they no longer did the job in ending other rappers careers, I knew then that certain conversations within the industry were being had behind the scenes. That statement said a whole lot.
Kuna plumber fulani hutuchapia wira mtaa, the rare ones. Msee unapea keys za keja na unaenda shughuli zako juu unajua kitu kubwa anaeza fanya nikupika mayai zako "which he did"
We are burying the lad today.
CZ, founder of Binance and the 20th richest person in the world
Made his first million at 39 and started Binance at 40.
Today he’s 48.
You’re never too old to start.