Stijn Masschelein

Geriatric millennial, West-Fleming in Perth

[Stijn Masschelein @SMasschelein]

I published a paper. It’s one for academics. Topic of today: how to estimate whether two organisational choices are complements. (1)
Paper: https://t.co/SwWw1wMXCF
GitHub: https://t.co/XbymdHbM0u

[Stijn Masschelein @SMasschelein]

@TheStalwart The U.S. economy really went gangbusters after the SVB collapse.

[Stijn Masschelein @SMasschelein]

@ben_golub Someone should study how truth is discovered in a hierarchical structure versus a dense network.

[Stijn Masschelein @SMasschelein]

@StephanHollan @paulgp I would be interested in a code if I am not too late.

[Stijn Masschelein @SMasschelein]

@buccocapital Zuckerberg correctly being seen as a model of financial discipline while burning tens of billions of dollars on the metaverse is another argument for me

[Stijn Masschelein @SMasschelein]

Grifters also know about the value of diversification.

[Scott Shapiro 🛡 shapiro.eth @scottshapiro]

I don’t agree with many of his policies and perspectives, but @VivekGRamaswamy has come incredibly far in his understanding of crypto over the past 6 months.

Contrast it to his first crypto podcast with @real_vijay where they were talking about the very basics of crypto.

[the ghost of groditi’s future 👹 @GRoditiD]

the girls are out of the house today so i am blasting the new olivia rodrigo while reorganizing the basement storage room and, you know what? it absolutely gets 5/5 stars from me.

[Tasos Vossos @tasosvos]

Have a lovely day placing orders for the new UBS $ AT1s, you legends

[Stijn Masschelein @SMasschelein]

@deaneckles @ShengwuLi Econ theory? Just a guess.

[Stijn Masschelein @SMasschelein]

Blockchain chokes on Excel error has a certain ring.

[Dan Davies @dsquareddigest]

go on, I know one of you lot wants to do a "FTX is once more another disaster caused by Microsoft Excel" #take. just do it. I double dare you

[Stijn Masschelein @SMasschelein]

Letting people control a significant amount of capital was a mistake.

[Michael McGuiness @mikemcg0]

Marc Andreessen explains why warm referrals to venture capitalists are important

As Marc explains in the clip below:

“The way the top-end venture capitalist firms work is they’ll basically take you seriously if you come in introduced by somebody they’ve worked with before, and they won’t take you seriously if you don’t.”

While this may seem unfair, Marc explains that securing a warm referral should be viewed as your first test:

“It’s the first test of your ability to network your way to the investor… If you can’t figure out a way to network your way to a VC firm—which of course is in the business of meeting founders—then you’re unlikely to be able to network your way into hiring a great team or selling your product to customers.”

He concludes:

“The role of the warm referral is misinterpreted. I think you just need to view it as the first test, and it’s a test that you just want to pass.”

[Stijn Masschelein @SMasschelein]

My working hypothesis is that the banks who survived the GFC had the head of risk management reporting to the CEO and the others had them reporting to the head of sales. Sometimes the basics matter.

[Rafe Meager (they/them) @economeager]

does your due diligence process now involve the question "could you direct me to the head of your accounting department?"

[Stijn Masschelein @SMasschelein]

@Cryptadamist @MotherCabriniNY it’s the difference between SBF and Adam Neumann

[Stijn Masschelein @SMasschelein]

@Andrew___Baker The Baker-Markowitz theorem: win some, lose some. Shrug.

[⚯ Michel de Cryptadamus ⚯ @Cryptadamist]

🧵40/Ω
I'm reasonably certain I saw SBF fighting back tears as he said it. At the very least he started blinking furiously in the way one does when one is fighting back tears.

As much as I think he needs to burn for his crimes it was a reminder that the whole thing is a tragedy.

[⚯ Michel de Cryptadamus ⚯ @Cryptadamist]

🧵1/Ω
It’s that time again. Gather round, children, for a thread about the closing arguments in the trial of Sam Bankman-Fried. #FTXTrial #FTXScam

Ω👇Ω

[Stijn Masschelein @SMasschelein]

@KennethDredd Did Michael Lewis draw that first picture?

[Stijn Masschelein @SMasschelein]

I sympathise with the sentiment but an uncharitable reading of the original quote is that the empirical turn in economics has validated more the sociology approach than the Beckerian approach.

[Peter Isztin 🌐🏛 @PeterIsztin]

I agree and I regard it as a sad development overall. Sometimes it feels lonely to be a Becker fanboy. I still think human capital and the household production approach in particular has a lot to offer e.g. re behavioral economics. (This is from @tylercowen's new generative book)

[Norwich City FC @NorwichCityFC]

𝗔𝘁 𝘁𝗶𝗺𝗲𝘀, 𝗶𝘁 𝗰𝗮𝗻 𝗯𝗲 𝗼𝗯𝘃𝗶𝗼𝘂𝘀 𝘄𝗵𝗲𝗻 𝘀𝗼𝗺𝗲𝗼𝗻𝗲 𝗶𝘀 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗶𝗻𝗴 𝘁𝗼 𝗰𝗼𝗽𝗲, 𝗯𝘂𝘁 𝘀𝗼𝗺𝗲𝘁𝗶𝗺𝗲𝘀 𝘁𝗵𝗲 𝘀𝗶𝗴𝗻𝘀 𝗮𝗿𝗲 𝗵𝗮𝗿𝗱𝗲𝗿 𝘁𝗼 𝘀𝗽𝗼𝘁.

Check in on those around you.

#WorldMentalHealthDay | #YouAreNotAlone | @samaritans