Jonatan Hedin

Loves saving money, drinking beer and reading tech news. VP Operations & Analytics at @veloryofficial

[Jonatan Hedin @jonatanhedin]

@ekonomigurun_ Kul att högern fick vinna ett skolval. Så brukar det inte se ut 😅

[Balaji @balajis]

US universities were the best in the world when they sourced the best in the world. But now they don’t do that, because of DEI. And soon they can’t do that, because of visas.

So, they just become regional players.
And China takes the #1 spot.

[hagaetc @hagaetc]

So I tried to build a tech company from Norway and here’s what happened:

1. Two years of building without almost any money/funding, better part of a year without salary
2. Raise VC and become one of Norway’s first unicorns
3. Face unrealized gains wealth tax bill of many x my annual net salary. ofc the company is loss making and all the investors have preference shares so I can’t take out any money.
4. Call out publicly that this does not make sense. Independent of level, taxation needs to happen when you actually make money.
5. I move to Switzerland because no politician cares/listens.
6. I still don’t get any tangible and sensible answers to my criticism of unrealized gains tax, BUT I do get put up on the “wall of shame” at the socialist parties offices…

I’m Norwegian and I love Norway but the socialist politicians are taking the country down a dark path. It’s a real life Atlas Shrugged.

[Jonatan Hedin @jonatanhedin]

@Evifyse Smart process, känns tryggt! Önskar att jag och brorsan hade anlitat er 😅

[Velory @veloryofficial]

In this #VoicesAndChoices interview, @ErikSlottner, Sweden’s Minister for Public Administration & #Digitization, discusses the paradoxical nature of #AI, emphasizing its role in national competitiveness & shares career advice to his younger self.

Link: https://t.co/3kmjwnVJHA

[Jonatan Hedin @jonatanhedin]

@veloryofficial Great stuff!

[Jonatan Hedin @jonatanhedin]

@veloryofficial @DustinGroup 🤩🤩

[Brenan Keller @brenankeller]

A QA engineer walks into a bar. Orders a beer. Orders 0 beers. Orders 99999999999 beers. Orders a lizard. Orders -1 beers. Orders a ueicbksjdhd.

First real customer walks in and asks where the bathroom is. The bar bursts into flames, killing everyone.

[The Culturist @the_culturist_]

The most breathtaking church from every country in Europe 🧵

1. Germany: Cologne Cathedral, Cologne (1880) 🇩🇪

[Jonatan Hedin @jonatanhedin]

@DrKatT80 Inte per se, men precis som kvinnor vill män kända sig behövda och värdefulla. Den man som träffar en kvinna med fler akademiska poäng och mer ekonomiskt kapital kan bli glad av att åtminstone vara den som kan backa med släp.

[The Rabbit Hole @TheRabbitHole]

I gave Grok 5 minutes to live and orate its final thoughts. Here's how it responded:

[Jonatan Hedin @jonatanhedin]

@OliverRosengren De verkar stödja orimliga stridsåtgärder in i absurdum i vilket fall...

[Jonatan Hedin @jonatanhedin]

@Yakiv152823 No thanks, we have an internal recruitment process that we follow.

[Jonatan Hedin @jonatanhedin]

@drdanielschatz @TobiasBillstrom Känns tryggt @TobiasBillstrom !

[Herbert Ong @herbertong]

Bill Gates and Elon Musk: An excerpt from Walter Isaacson's new biography of Musk

The following is adapted by CNBC from Walter Isaacson's biography "Elon Musk," publishing Sept. 12.

"Hey, I'd love to come see you and talk about philanthropy and climate," Bill Gates said to Elon Musk when they happened to be at the same meeting in early 2022. Musk's stock sales had led him, for tax reasons, to put $5.7 billion into a charitable fund he had established. Gates, who was then spending most of his time on philanthropy, had many suggestions he wanted to make.

They'd had friendly interactions a few times in the past, including when Gates brought his son Rory to SpaceX. Musk could relate to a guy who had built a company by being hardcore and relentless. They agreed to set up a visit, and Gates, who has a team of schedulers and assistants, said he would have his office call Musk's scheduler.

"I don't have a scheduler," Musk replied. He had decided to get rid of his personal assistant and scheduler because he wanted complete control of his calendar. "Just have your secretary call me directly." Gates felt weird having one of his assistants call Musk, so he did so directly and arranged a time they could meet in Austin.
"Just landed," Gates texted on the afternoon of March 9, 2022.

"Cool," replied Musk, who sent Omead Afshar down to the Gigafactory entrance to meet him.

In the rarefied fraternity of people who have held the title of richest person on Earth, Musk and Gates have some similarities. Both have analytic minds, an ability to laser-focus, and an intellectual surety that edges into arrogance. Neither suffers fools. All of these traits made it likely they would eventually clash, which is what happened when Musk began giving Gates a tour of the factory.

Gates argued that batteries would never be able to power large semitrucks and that solar energy would not be a major part of solving the climate problem. "I showed him the numbers," Gates said. "It's an area where I clearly knew something that he didn't." He also gave Musk a hard time about Mars. "I'm not a Mars person," Gates later told me. "He's overboard on Mars. I let him explain his Mars thinking to me, which is kind of bizarre thinking. It's this crazy thing where maybe there's a nuclear war on Earth and so the people on Mars are there and they'll come back down and, you know, be alive after we all kill each other."

Nevertheless, Gates found himself impressed by the factory Musk had built and his detailed knowledge of every machine and process. He also admired SpaceX for deploying a large constellation of Starlink satellites to provide internet from space. "Starlink is the realization of what I tried to do with Teledesic 20 years ago," he said.

At the end of the tour, the conversation turned to philanthropy. Musk expressed his view that most of it was "bullshit." There was only a 20 cent impact for every dollar put in, he estimated. He could do more good for climate change by investing in Tesla.
"Hey, I'm going to show you five projects of a hundred million each," Gates responded. He listed money for refugees, American schools, an AIDS cure, eradicating some mosquito types through gene drives, and genetically modified seeds that will resist the effects of climate change. Gates is very diligent about philanthropy, and he promised to write for Musk a "super-long description of the ideas."

There was one contentious issue that they had to address. Gates had shorted Tesla stock, placing a big bet that it would go down in value. He turned out to be wrong. By the time he arrived in Austin, he had lost $1.5 billion. Musk had heard about it and was seething. Short-sellers occupied his innermost circle of hell. Gates said he was sorry, but that did not placate Musk. "I apologized to him," Gates said. "Once he heard I'd shorted the stock, he was super mean to me, but he's super mean to so many people, so you can't take it too personally."

[Jonatan Hedin @jonatanhedin]

@bgurley Will the Inflation Reduction Act allow Medicare to negotiate down drug prices?

[Jonatan Hedin @jonatanhedin]

@dennislennox Thanks for joining us on our big day, Dennis!

[Jonatan Hedin @jonatanhedin]

@elonmusk Nice

[Luca Dellanna @DellAnnaLuca]

The recent wealth tax increase in Norway was expected to bring an additional $146M in yearly tax revenue

Instead, an estimated $54B-worth of ultra-rich left the country, leading to a lost $594M in yearly wealth tax revenue

A net decrease of $448M+

(sources and calculations ↓)

[Jonatan Hedin @jonatanhedin]

@Samamaze Vänta på iPhone 15 (Pro) så samlar du på dig en laddare mindre av obsolet standard. De byter ju till USB-C nu 😊