“I’ve also come to believe that if you’re going to get on the fundraising train, it’s important to plan for enough capital to get to a scale that provides for some exit opportunities in the event the business doesn’t achieve […]
“The decades-old system, known commonly as Robin Hood, is meant to balance resources among less property-wealthy school districts, with the goal of leveling out the per-student spending across all districts statewide.” Of note Austin’s school district is paying $710 million […]
“King Umberto II descendants take legal action over treasure kept in Bank of Italy deposit box for 76 years.” | learn more
“Despite his financial ruin, Cage doesn’t regret all of his purchases. “You have good investments and bad investments,” he says. “The good investments came from personal interest and my honest enjoyment of the history.” | learn more
“Octopuses are surprisingly intelligent, and reproduce at 1 year old. If we’d started a breeding program 50 years ago, we probably could’ve gotten them smarter than dolphins by now. A disappointing failure of the long-term mad science ecosystem.” | learn more
The founder, “Jim [Casey] led UPS for fifty-five years. He continued as the Chief Executive Officer of UPS until 1962, when he handed over the reins at age seventy-four.” | learn more
A really interesting read from Outlier Ventures: “We believe the next phase of growth in the evolution of DeFi will come not from better integration into the existing financial system, more regulation or real world assets and CeFi but instead […]
I finally got around to reading the annual tome from Messari’s Ryan Selkis. It is an incredible snapshot of what’s going on in the ecosystem. He does not shy away from making predictions (and drilling into SEC Chair Gary Gensler. | learn […]
This gets detailed! “I show how price manipulation to liquidate traders is done in cryptocurrency markets. I point fingers at people.” | learn more
This is a theme I’ve been following since last year. Most batteries, especially vehicle batteries, rely on Lithium. In the near-term, there isn’t enough supply. For reference, the spot price is up 5x YoY, and about 30% in the past […]