I'm always amused when people are shocked by people doing exactly what they said they’d do. Everything that has happened over the past week was publicly announced months ago.
Stephen Miran, widely viewed as the architect of Trump's trade policy, published a paper "A User’s Guide to Restructuring the Global Trading System" in November of 2024, laying out everything that has happened (as well as many things that are yet to come).
there's a famous story about a well known tech company manufacturing an ARR hockeystick by getting its clients to pay their cloud service bills through them
Most (good) VCs are engineers by training.
Many fields like biotech are mostly run by scientists (phds) but there is a broader social problem around the intersection between capitalism and science (a lot of people think that thick margins on pharmaceuticals are bad), making the extendibility of the venture model dubious
I think a giant imperial military blob with an unwieldy and overfunded warfare state making catastrophic tactical decisions by misusing expensive equipment in unsuitable conditions is among the most believable things in that entire movie
Kalshi successfully mainstreamed prediction markets — something startups and academics have dreamed of for 20+ years.
I think Kalshi perpetuals will be at least as important, if not far more disruptive.
Congrats team! Incredible work.
https://t.co/LHHmwfVUEV