Depending on how you look at the history of
@Minecraft
, this may (or may not) be surprising.
But for now,
@Microsoft
has made it very clear: no NFTs on Minecraft...
@chrissyteigen
My entire career down to just one moment... 🤞
Hi
@chrissyteigen
👋 I’m a big fan, and also the head of product
@Dropbox
. If there is anything we can do to help out, please let me know.
This is going to be a painful 5-7 years while everyone in Hollywood tries to launch a
@Netflix
-like service, pulls content from
@Netflix
, discovers it’s hard & expensive to get to scale, relents and eventually puts content back on
@Netflix
.
Demand scale will win. 🚀
I met
@brian_armstrong
in 2012 at a Starbucks across from Twitter.
He told me about his new Bitcoin startup, “”
I told him, “Drop the ‘the’ - just go with “Coinbase”
The rest is history. 😉
Thank you,
@ZackSnyder
. Thank you
@jasonkilar
. Thank you
@hbomax
.
#SnyderCutJusticeLeague
was redemption. Not sure of the distance between this version and what was originally intended.
Grateful that you spent the $ & time to bring this version to market.
Wow.
@Stanford
is making their famous, "Introduction to Programming Methodlogy," CS 106A open this Spring quarter, to help "educate people in place" during the COVID-19 crisis. Includes virtual sections for personal learning!
Silicon Valley is rapidly becoming obsessed with remote work, largely due to the housing crisis, brutal talent market, and now Coronavirus.
Hard for me to tell at this point whether it's a real macro trend, or amplification from inside the bubble.
@patrickbetdavid
Selection bias. The people who come here are not "average," but have the fortitude to leave their country, the capability to make the journey, and the ambition to find success.
They are living the life they chose for themselves and their family, not the life they were given.
FYI:
@FirstRepublic
has an Insured Cash Sweep business account that is FDIC-insured up to $100M and currently pays a little over 3%.
They really should be marketing this more heavily...
@AndrewSteinwold
GPT-4 will give us two things:
- The answer to the ultimate question 4️⃣2️⃣
- The design for GPT-5 which will tell us what that question is. 🌎
Final 2023 Fitness Stats:
Dec 31, 2022: 217lbs, 24.2% body fat
Dec 31, 2023: 177lbs, 10.7% body fat
Blood pressure: 140/90 -> 105/60
Cholesterol: 207 -> 150
So, roughly back to where I was at 17. 🤷♂️
Down markets are a gift to the young. Enjoy the ability to invest your savings for the future at lower prices and watch them compound. 📈
You have a gift that previous generations no longer have... time. Don’t waste it. 👊
Companies worth over $1 trillion are a very recent phenomenon. There are very few.
Currently, four of them have HQ less than 10 miles from each other:
Apple (Cupertino)
Google (Mountain View)
Meta (Menlo Park)
Nvidia (Santa Clara)
Silicon Valley 🤯
Down markets are a gift to the young. Enjoy the ability to invest your savings for the future at lower prices and watch them compound. 🎉
You have a gift that previous generations no longer have... time. Don’t waste it. 👊
In this video we see a cyclist adopting a definitely unconventional position on his bike and the result is an efficient aerodynamics which makes him pass the other cyclists. This is why: [source, full video: ]
@lulumeservey
… the part of this strategy that doesn’t make sense to me is that both Activision & Microsoft want this deal to go through.
So if it doesn’t, Sony has made Activision an enemy. And if it does, they’ve made Microsoft an enemy.
Doesn’t bode well for future collaboration. 🤦♂️
Can you imagine how valuable it would be for homeowners right now if you could sell your house & transfer the sub-3% mortgage on the house to the new buyer? 🤔
@chrissyteigen
@Dropbox
... apologies for the delay. My inbox just exploded with ~1000 people volunteering to do this demo. 😳
Any chance you’ll be in SF on 9/25? We’re having an event, and I’d be happy to get you a ticket. 🤩
Measles was effectively eradicated in the United States by 2000. Unfortunately, the anti-vaxx propaganda against MMR vaccine has led to a 1.3% rate of non-vaccination. 🤯
I have property & a backyard.
What turns people YIMBY is trying to hire great people under 35 and realizing there’s almost nowhere reasonable for them to live & start a family nearby. 🤦♂️ cc:
@Noahpinion
@cafedujord
And what turns people "YIMBY"? It's the lust for other people's property. (YIMBYS don't actually own backyards, they want to force people to build on them).
Think what you will of
@elonmusk
, but he has been an unbelievable agent for change in the industry.
The industry has been talking electric for decades.
@Tesla
took just 8 years to outsell Mercedes-Benz in the US.
There’s something so incredibly humbling about reading this letter from Steve Jobs in 1986.
It could have been written at literally any company I’ve ever worked at over the last 30 years.
Some things never change.
We are truly building castles in the sand.
Pour one out for
@fryselectronics
, a true Silicon Valley institution.
I used to walk around the stores for hours, just exploring every aisle. It was a reliable index into the zeitgeist of builders. Every store has its own character.
RIP. 😓
For those of you asking me if I bought my wework equity—I did not. But, not because I didn’t choose to buy it. Despite joining the company very early on, I was not offered options. Here’s a thread about what happened and my feelings about it now. /1
India is deeply intertwined in the success of Silicon Valley & the future of the US. 🇺🇸🇮🇳
We should do whatever we can to help them & more importantly, we should let them know we will always be there for them. 💉
This is almost a Marshall Plan moment.
PayPal is worth over $300B. Shopify over $180B. Intuit almost $150B. Square over $100B. Coinbase ~$50B.
If M&A spins up, there is a lot of firepower outside the incumbents & tech giants.
And if they get involved… 😳
When Visa offered $5.3B for Plaid, it was a big deal b/c it made it clear that fintech companies could be worth billions.
However, now it seems like a steal compared to valuations in the public markets. Square @ $100B, PayPal at $250B, etc.
Plaid investors likely do better now.
Great ideas can come from anyone. This is a the story of how a 26 year old, working as a janitor for Frito-Lay, came up with the idea for Flamin’ Hot Cheetos. Called the CEO. He’s now a VP. 🔥
Finding it somewhat hilarious that
@Costco
in Mountain View is jammed with cars & people, but
@Walmart
is relatively empty.
Even
#coronavirus
doesn’t affect retail preference that strongly, I guess. 🤷♂️
Sometimes I forget how unique Silicon Valley is around business negotiation. You can get so spoiled by the "win-win" nature of the startup community and how many people just want to help & be a part of something that succeeds.
Grateful to be building a company here. 🙏
After more than a year in stealth, we're ready to announce what we've been working on at Silverback Ventures.
@DaffyGiving
has a simple mission: help people be more generous, more often. Today we've launched an app to help making giving a habit.
Good post by
@Noahpinion
on the practical results of the wealth tax on France, which had a top rate of 1.5% - 1.8%. Turns out this isn’t a new idea, and the results aren’t great. 🤷♂️
@micsolana
@Noahpinion
… 3) If you look up the history of Hamas & Muslim Brotherhood, and then the history of the Muslim Brotherhood & Egypt, you’ll quickly get it.
If your goal was to destroy the Silicon Valley ecosystem of creating new companies, this would be an effective way to do it. Taxing stock options at vest doesn't hurt execs, it would only hurt normal people who can't pay that tax bill with outside wealth.
First day
@Dropbox
, so this is your shot to have undue influence on the product roadmap.
What features do you love about the product? What features delight you? What would you add / change / improve?
“It's easier to be a parent this morning, it's easier to be a dad. It's easier to tell your kids character matters, it matters. Telling the truth matters. Being a good person matters." 🇺🇸 —
@VanJones68
@CNN
There was so much skepticism in the early days of
@Wealthfront
. Most people had trouble seeing a future where investors would trust their money to an automated service.
Congrats to the entire team, investors, and early customers who believed. 🎉🔥🚀
The largest company in the world ($AAPL) just grew earnings per share by 31% year over year. 😳
But please, tell me again about the law of large numbers. 🤔
It's a bit ironic that here, in Silicon Valley, you have countless investors chasing 100x winners, and yet if you had just bought $AAPL at an average price in 1997, you would have a 1000x return by now.
In the public markets. No hot IPO. No private access needed. 🤷♂️
“The Man in the High Castle” cost $72m to make, but brought in 1.15m new $AMZN Prime subscribers. That’s $63 each. Subscription economics will really change Hollywood.
Had no idea how far California had pulled ahead of other states in GDP. ~$2.9T for CA. ~$1.7T for Texas, ~$1.6T for New York.
For reference, Canada is ~$1.6T 🇨🇦 , UK is ~$2.8T 🇬🇧
Zoom may have developed an unexpected brand problem amidst all of their pandemic success.
All of the kids associate Zoom with school, but they choose
@discord
in their personal lives.
My 12yo was confused as to why everyone doesn’t use
@discord
& is happy to be “done with Zoom”
Given the news yesterday
@Figma
, decided to share one small story about that seed round, with a personal lesson.
Features
@zoink
,
@johnolilly
,
@dpatil
, and even a tweet from 2013.
Figma: A Random Walk in Palo Alto
It takes a fairly special type of designer to sign up to be the "first designer" at a startup. Your work not only shapes the product, but the entire company & its culture.
If you've dreamed of being that designer and you love consumer fintech, let me know! 😉
The drop in the stock market is not “a great time to buy,” and it’s also not “a great time to sell”. Market timing kills performance.
Spend less than you make. Save regularly. Keep costs low. Invest in a diversified portfolio of index funds.
One of the attributes that makes Silicon Valley vibrant is that we don’t worship our incumbents.
We relentlessly look for ways to disrupt them.
Clearing out old incumbents long past innovating is a win-win. It makes way for the new & they can’t compete here for talent anyway.
The very first company that
@reidhoffman
discussed with me after joining
@GreylockVC
was
@AirBnB
.
Highly recommend reading his thoughtful piece on the investment, his rationale, and how it relates to his thoughts on venture in general.