Tailored crypto investment products @coinchangeio. Engineer, previously GP @bgsventure , co-founder @itmhouse. Proud Husband & Dad of 3
Miami, FL
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Messi archive 🇦🇷
Lets GO! 🇺🇸🇺🇸🇺🇸
Congrats @SpaceXAI! Can you imagine if we relied on the govt to build Starship, semiconductors, frontier AI models, or GLP1s? The American system of gov’t, innovation & capitalism is the greatest force ever created for human progress. 🇺🇸🚀
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We all have our time machines, don't we. Those that take us back are memories ... And those that carry us forward, are dreams.”
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Maxim Galash retweeted
Legacy media REFUSED to show you a SINGLE SECOND of President Trump's speech and historic state dinner with Xi Jinping tonight at the White House
So here's the ENTIRE thing, from start to finish, with translations for Xi's speech
DO NOT LET LEGACY MEDIA KEEP YOU IN THE DARK
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Maxim Galash retweeted
Harvard kids singing Radiohead’s “Creep.”
This could have gone very wrong.
Then the lead singer opens his mouth.
The Harvard Veritones have won at the International Championship of Collegiate A Cappella — the real-world competition that inspired Pitch Perfect.
Turn the sound on for this one.
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Now, most people hate to admit they're wrong, but it didn't bother Bill one bit. All he cared about was what was right, not who was right. That's what makes Bill very, very dangerous. @ElisonLarry on @BillGates
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The @theallinpod summit was a blast this year - high energy, insightful topics, amazing people and great parties.
America 🇺🇸 has a bright future!
Thanks for the hosts @Jason @friedberg!
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How have we still not gotten a root cause report for COVID? Previous disasters all got bipartisan committees and independent inquiries. COVID, at 15 million dead and $45 trillion, got nothing so far. (The only thing moving slower than this report is the California high speed rail.) @chamath @theallinpod
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Great summit, very well organized with many insights and cool people 😎 🎯💪🇺🇸 @theallinpod @friedberg
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I was rooting for @BenShelton but quite a performance and closing speech from Sasha 💪
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Maybe new age of technocratic private equity
“People who compare Bending Spoons to private equity have a simplistic, superficial view of the world.”
3 main differences between Bending Spoons and private equity:
1. They buy to hold: “We have never sold a material business. We buy to hold and operate forever.”
2. They deeply transform the businesses they acquire, “sometimes beyond recognition.”
3. They integrate them under a shared platform and operating system, with a core team of “Spooners” handling R&D, marketing, and operations.
“People who compare Bending Spoons to private equity have a simplistic, superficial view of the world.”
“None of this bears any resemblance to what private equity does.”
“Those are funds that buy to sell after, say, 5 years. They intervene maybe on costs or price, but I've never seen PE reinvent a product or rebuild the org, or rebuild the technological infrastructure. And they generally don't integrate the businesses together under a shared platform because they don't have a platform, and even if they did, they need to sell them piecemeal. So if you integrate them, you can't sell them, or at least it would be much more difficult to sell them.”
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One of the most useful heuristics I have when doing office hours with startups is to ask: what would make this company more powerful? Asking how the company could make more money is a good heuristic too, but it tends to yield incremental improvements. Whereas thinking about how to make it more powerful will sometimes make it orders of magnitude more valuable.
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