Sublime

Fourteen years ago, David Tepper went on Squawk Box and shared how he made $7bn in a single year and laid out his worldview and a strategy that worked for the coming decade. Last week, almost fourteen years to the day, David returned to Squawk Box to discuss China, stimulus, AI, and more. He starts by discussing whether... See more

Sahil invested in Tesla shares when it had a $2 billion valuation just because he had heard of Elon Musk from PayPal and the tech community. Trust yourself when you’re ahead of the curve.

VCs focus more on thought leadership than ever before, because their access to capital is less valuable than their social capital. Dave Portnoy can become one of the biggest names in finance, raise tens of millions for businesses hurt by the pandemic and move stock prices without having billions under management or a long investing track record let... See more

A corollary to this is that as governance has decayed and the focus of most VCs is on uprounds and markups, there has been a meaningful decay in strategy at many startups.