@whoisnnamdi Interesting… I wonder how much of this is roll off from Covid:
-> oversupply of capital 2020/2021
-> all good founders get funded (and then some)
-> later cohorts are younger/weaker founders + depressed funding post COVID era failures
These numbers are insane.
This is the first hard data I’ve seen showing a step-change in the economic productivity of brand-new startups.
@stripe’s annual letter > sci-fi slop.
@TheStalwart This is a little like saying “everyone should pick stocks, it’s very easy!” You probably won’t outperform your benchmark (pivot tables), and you might do a lot worse. And if you’re unsophisticated, you’ll never know.
@Coneee This interpretation is a massive undercount of fertility rates. Many couples pre-children are double counted for 10 years (pre-coupling/unmarried) and then move to the suburbs to have children. 20x counted as 0-child households, 0x counted as having children.
@Z06Z07 Number is 3.5%. That’s the inflation metric. M2 Growth is a contributor. You’re double counting. Using your own numbers you’re off by 185%.
3.5% inflation makes sense to me, seems a bit low, but not crazy.
@texasrunnerDFW@valueinvestor It’s outperformed the average tech stock since IPO.
It’s 80% above IPO price ($68). Equal weight nasdaq is up 42% since IPO date.
@reidhoffman This is messed up. AI is highly personal. People should be allowed to poke, prod, and understand how that’s changing with a new model, and make informed decisions.
@gabriel1@adic_9@bryan_johnson@SinaHartung Clearly stress… try Transcendental Meditation or mindfulness. Transcendental meditation is easy and non-philosophical. Mindfulness is more of a skill.