crypto convert, investor, cook, Squash, Beagles rock, making relationships count, trying to make Vipassana a way of life. FYI - my likes /RTs are bookmarks
In CA this month, we’re literally required as a venture firm to ask each of our CEO’s in a survey if they are gay.
Meanwhile today in Texas the voting machine is like, Y or N, “Ban gender nonsense in K-12?” “Ban sharia law?” 🇺🇸
Anthropic just told us that white collar unemployment may soon be driven to levels that make the whole system go *boom*.
6-7% unemployment ought to be more than enough to light the fuse.
"It could be the biggest M&A year in history."
Goldman Sachs CEO David Solomon:
"M&A and capital raising and IPOs are driven by confidence. And so if you have a tough regulatory environment, that is something that affects confidence."
"For the last four years, whatever the question was, the answer was no."
"Now whatever the question is... the answer is maybe."
@DavidSolomon with @dhaber and @bhorowitz
At Andreessen Horowitz, we just raised over $15B.
With these new funds including American Dynamism ($1.176B), Apps ($1.7B), Bio + Health ($700M), Infrastructure ($1.7B), Growth ($6.75B), and other venture strategies ($3B), we raised over 18% of all venture capital dollars allocated in the United States in 2025.
Why did we raise the money and how do we plan to invest it?
Read more from Ben Horowitz: https://t.co/kXHKqUd8eZ
@airindia Thanks, the luggage was delivered promptly. Ruby and her crew did a great job. Appreciate that no items were lost and the baggage (barring some ugly scratches) is intact. Wish you success on the turnaround, the ground operations clearly needs to get better. #FlyAirIndia
@airindia@SingaporeAir@TataCompanies@DGCAIndia
Hi AirIndia - it’s been 6 days since my checkin luggage at Delhi airport was wrongly tagged and misplaced (Sydney report ref no SYDAI10796). I heard just once from you after 4 days & then silence. Where is my bag? #AirIndia
Recovering the lost history of Gaza
Palestine is one of humanity’s oldest toponyms, and records of a people named after it are as old as literacy itself
https://t.co/xqDn68x5E5
Through yesterday’s close the 5-day decline in the Russell 2000 and NASDAQ composite was greatest in 120 days, the 10-day decline in Russell 2000 and NASDAQ was greatest in 120 days, VXN gained 20% in 3 days, S&P 600 generated a 10/1 downside issue day, and the Russell 2000declined more than 5% over a 10 day period.
The above combination of oversold readings (initial reading) has never occurred with the S&P 500
down just -3.17%. The declines in the S&P ranged from -6.91% to -18.90%. Frankly, we do not know whether
this is a bearish or bullish development.
Is AI different?
In the past technologies (dishwashers, word processors, etc.) moved workers up the added value scale, w/productivity at the bottom.
AI is moving lawyers,editors,radiologists into lower value jobs: Uber drivers, waiters...
Gains are going to technofeudalists
"It’s easier to teach the innovator how to be a CEO than to teach a CEO how to be an innovator."
You can’t outsource vision. Keep technical founders in charge of their companies.
Ben Horowitz (@bhorowitz), Stanford 2014.
There is the notion of the spurious tail. With 10 million active US investors, >13K will perform "great" just out randomness, >300 will have stellar results.
The way to control for skills is via 1) dimensionality (Soros, yuuge skills), i.e. lack of correlation to known factors, 2) longevity/subperiods (Buffet, yuuge skills), and, further, both of them started when the base was small.
Everyday, a new low for public health in India. Looks like the Government in Maharashtra has started their own population control program. Homeopathy quacks (legalized "Dr." with BHMS degree) can now do a 6-month pharmacology course and start prescribing modern medicines (which the article wrongly calls Allopathy).
To my friends in Maharashtra, before you visit any doctor, make sure you understand the credentials. Look for BHMS degree followed by a pharmacology course or diploma degree. If you see such credentials please remove yourself from that precarious situation and go to an actual doctor.
You cannot expect a Homeopath who spends their entire life believing in vital force theory of disease, benefits of diluted formulations, totality of symptoms (instead of cause of disease) and bad mouthing medical science every chance they get and promoting anti-vaccine sentiments in their routine practice to suddenly turn out to be competent physicians. They are quacks, will remain quacks and should be treated as quacks.