Ok, after years of warnings were ignored and hearing "Garry, you were right!" all damn day today, I'll repeat what I said in 2014: Stop telling me I was right and listen to what I'm saying now. My recommendations follow: 1/5
Historic Breakthrough: #SmartNFTs
Be the first ever to mint a playable #NFT of your favourite retro games.
SmartNFTs will become the building blocks of the #Metaverse
I'm seeing a lot of people FOMO quit their jobs to join "crypto", probably out of some over-romanticized view of what goes on in these projects. Let me illuminate you about what actually happens:
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"To do some idiotic job very well is certainly not real achievement. I like my phrasing, "what is not worth doing is not worth doing well." - Abraham Maslow
Buffett once said: “It’s not about timing the market, it’s about time in market.”
There should be a step down in capital gains tax for individuals as they hold stocks. 20% per year decrease in cap gains tax. 0% after a five year hold period.
Incentivize long term behavior.
This is how you entrench inequality:
We let the poor “invest” in lottery tickets, sports gambling and casinos but not startups.
The first three are perennial losers. Startups have returned 15% over the past 50 years.
There is no connection between the stock market and reality.
A thread:
1. Airlines spent 96% of free cash flow on stock buybacks for a decade, then cut 90,000 jobs as soon as trouble hits. Then they got a $50 billion bailout
https://t.co/9vwa4TpaSn
“Note that you don’t ‘climb’ a sailboat like you’d climb a mountain or a pyramid. Instead, you open your sail, just like you’d drop your defenses once you felt secure enough.”
- @sbkaufman describing a new & more functional, metaphor to fulfilling Maslow’s needs
🚀transcend
TechCrunch publica nuestra base de datos VC/Incubadoras!
Podrían habernos hecho mención pero nos conformamos con que le llegue a más emprendedores 😅
Gracias a toda la comunidad por ayudarnos con datos!! 🙏
I spent the last 15yrs in US in enterprise engg/product/venture @AMD, @Google & @a16z before returning to India. I'm often asked how India compares to SV hot-bed of enterprise innovation. Besides US, I feel world-class enterprise startups will come from India & here's why 👇:
“It’s almost like you don’t even know these numbers exist. As if you haven’t even read the latest IPCC report, on which much of the future of our civilisation is depending.”
A part from my speech yesterday at the French Parliament.