"That's how you get a deal done in China." 🇨🇳
Travis Kalanick tells the INSANE story of Uber's 2016 merger with China-based Didi
Sit back and enjoy one of the greatest business showdowns of all-time: Uber vs China
This saga included:
-- Uber doing business in China like no company had done before 📈
-- China's SWF investing in Uber competitors around the world to drain its resources 💰
-- A very peculiar Apple investment 🤔
-- Uber burning $75M/week to keep China "scared" 🔥
-- " We knew we had the deal, but we only had the deal if they're scared."
Recorded September 2024 at the All-In Summit
Researchers pittted ChatGPT against genuine doctors, using actual patient questions.
ChatGPT was more accurate and more empathetic.
By a lot.
HT @adamcifu
https://t.co/Z7P2UkDpIR
The global semiconductor supply chain is complicated.
The US 🇺🇸 dominates in design software & chip design (AMD, Nvidia).
But Chinese 🇨🇳 (SMIC), South Korean 🇰🇷 (Samsung) and Taiwanese 🇹🇼 (TSMC) firms play a critical role in manufacturing & assembly.
@Noahpinion@ElbridgeColby
New WSJ poll: Traditional values seem to be in decline in America.
In the full survey, one value beats everything else, including self-fulfillment, tolerance, and community. It’s hard work.
TikTok maybe started innocently or maybe was a brilliant Trojan Horse—there is 0 doubt it is a tool of the CCP to engineer, influence, make susceptible the beliefs and emotions of US citizens while also censoring info they see + openly surveilling keystrokes + biometrics
As China’s navy continues to expand, there is growing concern over the U.S. Navy’s own capacity. Over the last two decades, the Navy spent tens of billions of dollars on classes of warships that did not pan out. https://t.co/ZNWe5ERj0A
Really sad day. SVB was there for us when we needed them. Thinking about the individuals involved and hoping for the best and sad for what this means for the future of our ecosystem.
At any given time, the US organ transplant waiting list is about 100,000 people long.
Martine Rothblatt sees a day when an unlimited supply of transplantable organs—and 3D-printed ones—will be readily available, saving countless lives. https://t.co/tO3YEEmRg4
This is the U.S. defense budget since 1962.
You can see a peak under Reagan, and a big peak from 9/11 to the Iraq surge.
BUT what if we look closer? I did, and I was a little surprised.
This is one of my favorite visuals for building a SaaS business.
🐳 = Palantir $PLTR - $5M ARPA
🦕 = Veeva $VEEV - $2M
🐘 = Snowflake $SNOW - $300k
🦌 = Toast $TOST - $12k
🐁 = DocuSign - $DOCU - $2k
🪰 = SquareSpace $SQSP - $200
There are many potential paths to success.
The 🇺🇸 government will spend $858,000,000,000 on defense in 2023. 4% of that will go to startups.
Hundreds of founders are now building for the defense sector. From AI & autonomy to space & public safety, here's what this ecosystem looks like today👇
https://t.co/mqyyfJIKuK
Another win for @OpenAI ChatGPT: It demonstrably helps in going from "blank page" to "something to iterate on" that can accelerate tasks. Son wanted to bring in Advent of Code input to Google CoLab: AI showed how including how to get and use the session cookie needed. Wow!