Swedish pension funds invest in American funds that fly to Stockholm to lead rounds in Swedish startups
The round-trips (business or first class, ofc) fees alone could fund an early company
Our pension capital, managed in Boston, taking 2-and-20, to back Spotifys next competitor
Meanwhile top Swedish funds are sitting right here, with better founder networks, better sector knowledge, and better European exit infrastructure
I get it. The Napa Valley LP meeting is nice. But that’s not a capital allocation strategy
Sweden produces more tech unicorns per capita than almost anywhere on earth. Our funds can lead most of those rounds. They’ve been doing it for 20 years
Is this actually about returns, or is it about someone on an investment committee wanting a reason to fly to the West Coast?
I vividly remember this occasion... It was 30 years ago.
He interviewed me for a series for a Dutch TV channel. You can see in the picture the opening of a game I won against Wolfgang Uhlmann, sacrificing 2 pawns for a huge attack on the kingside. We analysed this game together during the interview that he picked himself. Do you know why this one? Because it was the moment when he realised that I am... a special player, he said in the interview. His statement gave me a lot and encouraged me.🙏
Many years later, in 2020, we changed the roles, and I conducted an interview with him (you can watch it in the BIO). I respected his chess, his artistic vision of chess as a practical player and as a chess composer, and respected his character.
Rest In Peace, Jan Timman 🕯️
#ChessConnectsUs #JanTimman #TheBestoftheWest
We had wax lined cups that were safe and got “traded up” to forever chemicals cups.
Remember the iconic “Orange and Yellow Flowers” paper cups—those elegant, wax-lined vessels adorned with irises and daffodils, produced by the Sweetheart Cup Company in Owings Mills, Maryland, since the late 1970s? Crafted in the USA with simple paraffin wax coatings, they were reliable, leak-proof, and free from the synthetic perils of modern disposables. They embodied an era of straightforward American manufacturing, supporting jobs in Green Bay, Wisconsin, and beyond.
Then, in 1992, Sweetheart introduced the “Jazz” design: a teal-and-purple abstract swirl that prioritized flashy aesthetics over substance. This shift wasn’t just stylistic; it marked the beginning of a darker transition. To cut costs and mimic plastic’s durability, manufacturers like Sweetheart (and later Solo Cup, which acquired it in 2004 for $800 million) phased out wax linings in favor of thin polyethylene (PE) plastic coatings.
These “upgrades” embedded per- and polyfluoroalkyl substances (PFAS) infamous “forever chemicals” along with heavy metals like chromium, cadmium, nickel, and lead into the very cups we sip from daily.
The biological toll is profound and insidious. PFAS don’t break down; they bioaccumulate in our bodies and ecosystems, persisting for decades.
Exposure via hot beverages leaching from these linings has been linked to kidney and testicular cancers, thyroid disorders, reduced fertility, low birth weights, developmental delays in children, and weakened immune responses effects observed even at low doses.
Microplastics from degrading PE further exacerbate endocrine disruption, insulin resistance, obesity, and reproductive harm, infiltrating our bloodstreams and food chains.
What started as a convenience now contributes to a public health crisis, with 98% of Americans carrying detectable PFAS in their blood.
Worse still, this “innovation” hastened the demise of Sweetheart Cup Company itself. Buffeted by leveraged buyouts and corporate consolidations, spun off in 1989, sold to Solo in 2004, and absorbed into Dart Container in 2012 the company shuttered its Owings Mills headquarters in 2012, demolishing a cornerstone of U.S. manufacturing and displacing hundreds of American workers.
Today, what was once a proud domestic icon is outsourced and adulterated, prioritizing profit over people and planet.
It’s time to revive wax-lined cups—durable, biodegradable, and chemical-free alternatives that honor our health and heritage.
Demand U.S.-made products from companies committed to safe, sustainable innovation.
Or enjoy the microplastics and forever chemical gifts…