🎙️New Pod: Brad Gerster (@altcap) started Altimeter in 2008 with a $3MM fund, all friends and family - A number that might seem surprising for a lot of people.
For EM's he said something on our most recent @VentureUnlocked pod that's an important reminder when starting a firm.
Felt this too. I found myself going to CNN for the first time in years versus Twitter to see what was actually happening.
Beyond devastating news to see 🥲
Yep, I’m back to watching CNN for real-time news about what is happening in Israel.
It’s amazing how Twitter created a dominant real-time global news franchise 2011-2021 and even more amazing how Elon blew that up. A masterclass in value destruction.
Young, college-educated adults w/ student debt now have an average net worth of -$1,900. (Yes, negative.) In 1989, that group’s net worth was $90K. (Yes, positive.) Sounds crazy until you think about how high tuition costs have shot up in recent years. https://t.co/ocuBtrtJM9
Good morning from the US where total student debt has hit record levels. These loans are increasingly becoming a drag on US econ. Acting as a drag on both household formation & higher real estate prices. But the US college debt bubble also becoming dangerous for the fin industry.
Proud to work at a place where the values are clear. No equivocation - zero tolerance for the hatred that was on display this weekend 🙏💯 https://t.co/QSobxr5cXE
@TheStalwart Being from LA and living in NYC, this just isn't true. LA has better sushi, Mexican, and fresh produce but everything else is better in NYC