Sublime
An inspiration engine for ideas
Aaargh. For the last time, finance people pay for Bloomberg primarily for the chat function, which is a social network for millionaires and billionaires. The $30k price tag is high enough to get rid of the riffraff, it’s a feature not a bug.
Prakash (Ate-a-Pi)x.comYou think you have it bad because your portfolio is down 20% YTD?
Just remember out there somewhere there’s a a Harvard MBA who left a cushy PE job to buy an HVAC company that imports all its units from China and put up a $5 million personal guarantee to close.
Gabriel Tamezx.com👀
In leaked audio, Jamie Dimon takes his employees, especially the younger ones, to the woodshed over their desire to keep “working” remotely.
🔥 https://t.co/X7lcwxUlz4
John Zieglerx.comWith $FIG we have another massive "POP" highlighting the gross inefficiency in the modern IPO process. It's very simple. They REFUSE to match supply/demand (that happened today). They brag about the mis-match - "30X oversubscribed." The outcome is expected & fully intentional.
Bill Gurleyx.comFrom the @theallinpod last week:
@Jason: “What are these things called when these MBAs graduate and raise a bunch of money to go buy some real business?”
@chamath: “Search funds? Yeah that’s not happening anymore.”
@friedberg: “None of them made any money.”___LI... See more
Chase Murdockx.com“People are careful with their money when they buy a refrigerator or plane ticket. But they hear about a stock on a bus and they'll put 5k, 10k behind it," Peter Lynch has said. https://t.co/m2tq2G146B
unusual_whalesx.com
“Let me get this straight, you can buy a burrito on an interest-free instalment plan?”
“That’s right, and we’re not even based in the Chipotle store.”
“So, you finance this by packaging the burrito instalment loans into Burrito CDO A, which has part of Burrito CDO B and both get put into Bur... See more
We're drunk on our stupidity, again.
Bribing founders with homes?
Free secondaries as % of investment?
Celebrating founders who leave the team out to dry?
Counting GMV, bookings, distribution contracts, and equity raised as "ARR"?___L... See more