E-commerce in the US is in crisis: penetration peaked in Q2 2020 and has been stagnant since at ~16% of retail spend. Where will it go from here? In this thread, I’ll break down the bull/bear arguments, discuss a potential POV and share a link to the model used to derive it 🧵:
We founded @sorare with @adrien_sorare during a long & painful bear market (2018). I love building during these times: less noise, less opportunistic companies/people, more focus. Only the best will make through it, but these companies will be the leaders of tomorrow.
Let's go🔥
1/ Ann and I are thrilled to announce our collaboration with @Stanford to create its first new school in 70 years – The Stanford Doerr School of Sustainability. https://t.co/ftc2AiCrOR
Cher @EmmanuelMacron, toutes mes félicitations pour votre réélection à la présidence de la République.
Je me réjouis de pouvoir continuer notre excellente coopération.
Ensemble, nous ferons avancer la France et l’Europe.
It’s a wrap! We have a deal on the #DSA! Two years after we tabled the proposal 🙏 @SchaldemoseMEP and @cedric_o - and our amazing teams - for great cooperation 🇪🇺
Fully digital museum to visit on your phone: the Virtual on Line Museum or Art (VoMA). Quite a step towards digitized exhibitions in times of social distancing https://t.co/hHYEkibCyO
Why is @sequoia doubling down on Europe: the tech ecosystem is maturing, larger interest in technology from young people, $10B+ startups emerging, diverse & rich hubs, strong academic background. Live insights from @mcmiller00 & @LucianaLix with @SlushHQ - https://t.co/mKlBTwzyCh
[Europe] needs large innovative companies. @Spotify founder Daniel Ek is dedicating part of his fortune to solidify a deeptech European ecosystem. Ambitious project worth building to leverage Europe’s rich network of scientists & entrepreneurs 🇪🇺🇪🇺🇪🇺 https://t.co/pRb7izefHi
The more regular the investor reports, the more successful the startups! In my portfolio, 6 send weekly reports, 25 send monthly reports, 12 quarterly, 35 never send a report or sporadically. Now you know where you stand! 😋
“On a ski lift, I remembered a paper about compression and amplification of light waves”. Congrats to @gerardmourou for his Nobel prize in Physics and telling more about it @Polytechnique. His findings can bring a solution to getting rid of radioactive waste 👏
Analyzing the electric fish or the fly, we discover different memory patterns which open new perspectives for artificial neural networks and machine learning - Larry Abbott @institutpasteur. Amazing conference: from brains to machines and vice-versa 🙌
How can Africa embrace the AI revolution? Considering its level of technological advancement as a continent, its needs are very different from the others'. Great article by @Opetunde_ #AIinAfrica
https://t.co/ejbxbLAJBW
Congratulations to @njstocks in his promotion to Partner and heading up the UK office! Exciting times for @WhiteStarVC in Europe!
https://t.co/42uOdFaVnu
France is more and more attractive. But we are not there yet. Let’s be lucid about what happened over the past 20 years, where we are at, and where we want to be in 20 years. @EPhilippePM #UEMedef18