Excited to announce micro1’s $2M pre-seed round of funding. We use AI to source & vet the best engineering talent globally & match them with top companies within 24h. Thanks to @Jason, @joshuabrowder, @Gfilche, @cory and 20+ other investors that believe in our mission and are helping accelerate it. Back to building!
This is only the start.
So proud to work with this team bringing it to life. 🫶
@lucky_lucass
@kingstace_eth
@heyerikaws
And the entire studio team ///
Join us at #nftnyc to see what’s next. Connect and burn into
Alts by adidas. https://t.co/FVjptTdUmN
@NFTiooo
Let’s hope they built enough new schools and hospitals to accommodate that growth. The truth is that current supply is woefully inadequate from what we hear!
Canada grew by over 1 million people last year, according to the country's census agency. The growth signals that the government’s ambitious goal of boosting immigration to fill labor shortages is within reach. https://t.co/jfYsdUWhp1
When the Fed spiked interest rates from ~0 to ~5% over the past year, it had 3 main effects:
1. Undercut value of bonds, especially long-dated bonds.
2. Made lending more expensive, particularly for large purchases like real estate that have to be financed.
3. Increased government borrowing costs.
These effects are just math and have to play out through the financial system. I think they will roughly correspond to the 3 stages of the financial crisis we’re in:
1. Small/regional bank crisis precipitated by unrealized losses on long-dated bonds.
2. CRE crisis precipitated by credit markets seizing up for new loans and impairment of existing CRE loan portfolios (which are also unrealized losses).
3. Government debt crisis precipitated by spike in debt service costs at federal level, budget deficits at state and local level, and sovereign debt issues at international level.
We’re seeing the first stage play out now. The second and third stages are yet to come.
Disclaimer: magnitudes are hard to calculate, and I make no predictions about the price of any asset. A lot depends on how government including the Fed reacts. I do not make trading recommendations.
People don't talk about it much but @Grammarly is one of my favorite applications of generative AI. Bigger than most companies out there both in usage & revenue, @huggingface customer for a few years now & with a very positive impact on the world! I use it everyday.
Friends — keep building!
While yesterday was painful for our industry, we’re here for DAOs not CEXs.
DAOs have the potential to organize more assets and production than traditional corporations, and enable more equitable and transparent forms of organizations.
This morning I sat across a founder friend and cried. Not because anything in particular is wrong, but because some days this job is just very, very hard. ❤️🔥 to my fellow founders.
If you’re a non-technical investor with a developing interest in #deeptech, Farid Haque, Chairman of @ERLYSTAGE, suggests joining DAOs. But what are these organisations coming into prominence and how are they different from traditional ones?
Read more: https://t.co/5ZcpZg6vDw
Why not tag the CEO on socials and also identify other people in the organisation to raise this to their attention. Social shaming is often the best way to hold many of these companies to account in our opinion…
twitch rejected my appeal. I am banned for another 28 days for displaying a list of hateful slurs that were actually hurled at me by bigots in order to illustrate the kind of harassment I receive for being an openly trans twitch streamer. I have never been this disappointed
Didnt have discipline from parents growing up. Did 5 years of high school to get grades up. One spent in Belgium. Got into a small state school in NY. First in my family to go to college. Still the only one that has ever had a salaried job. Not all VCs went to Yale or Stanford.
@ColleenDoran@DarkHorseComics@neilhimself It was such a real joy to see your work in person. Just beautiful stuff. The meticulous details in the illuminated manuscript designs were stunning. Not often I get to compare the cover of a beloved book to the original!
Suddenly realised most people who’ve only known venture bull markets don’t know what a fund return J Curve is.
Used to be accepted wisdom that funds dip below 1X before slowly building value (lemons ripen before plums).
Many about to be reminded what that feels like.
Somehow I always end up disappointed when I book an Airbnb but very happy with a decent hotel. I’ll choose a hotel 100% of the time
Look at this nightmare: