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Tito Costa Profile
Tito Costa

@tito

Followers
3K
Following
36K
Media
400
Statuses
11K

Building. Prev @global_founders, co-founder @zalora, Rocket Internet, @mckinsey. @unibo, @MITSloan, @stanford.

Joined July 2006
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@tito
Tito Costa
1 year
@ThierryBreton Seems there are more regulators in this room than AI scientists in all of EU.
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@tito
Tito Costa
8 months
@AutismCapital This is a Singaporean answer, they deeply believe they can still be neutral after China invades Taiwan.
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@tito
Tito Costa
1 year
@FinanceLancelot They are ready to take it all the way to Weekend at Bernie's level if needed.
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@tito
Tito Costa
1 year
@AvaSantina The eyebrow move is too good.
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@tito
Tito Costa
8 months
@MichaelAArouet Deutsche Mark stop appreciating against other currencies (joined Euro), no need to improve productivity to run large exports.
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@tito
Tito Costa
2 years
I am glad we decided to stay in Singapore for xmas, Sentosa island is beautiful
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@tito
Tito Costa
4 months
@MazzucatoM @elonmusk Explaining the success of Elon Musk as "just bought stuff at the right time" tells me more about your own (lack of) experience and understanding of building companies than Musk's achievements.
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@tito
Tito Costa
2 years
Have been playing around with document embeddings on @pinecone and @LangChainAI. Picking the right documents to feed into the LLM context is not quite solved by a vector store search for anything beyond a demo use case. Domain-specific metadata filtering engineering should help.
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@tito
Tito Costa
1 year
@AporiaMatt Reality is that the Magnificent 7 probably account for 90% of the difference.
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@tito
Tito Costa
9 months
@KatLoughrey Black cash economy is understated in Germany and Switzerland.
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@tito
Tito Costa
10 months
@EmeiMarkus @RaiDue Telecronaca assolutamente inaccettabile e imbarazzante. La "brutta figura" è solo loro. Fanno finta di non sapere, clown totali.
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@tito
Tito Costa
4 months
@philippilk Unless DeepSeek is secretly funded with unlimited resources by the state.
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@tito
Tito Costa
10 months
@nw3 @growing_daniel Aura > Aureum.
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@tito
Tito Costa
5 years
@tim_cook From the other side of the bay. Instant classic.
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@tito
Tito Costa
1 year
@sindap Unbelievable story. Also, who would ever consider selling their business to Kingswood private equity in the future? Is this their last deal?.
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@tito
Tito Costa
1 year
@visegrad24 I am surprised the president has the power to get all of this done. In most countries all these initiatives would get stuck in the swamp.
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@tito
Tito Costa
2 months
@MartinShkreli I am surprised they are not all French. I see two Italians, already quite a stretch for a French management.
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@tito
Tito Costa
3 years
@chhlss Conceptually yes, but in practice.
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@tito
Tito Costa
2 years
@amasad You are describing the social security system.
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@tito
Tito Costa
1 year
@ThierryBreton @DigitalEU I don't see one supportive comment to this post, hopefully a reason for pause.
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@tito
Tito Costa
1 year
@ArmandDoma The Harvard vs Harvard Extension debate highlights that Ivy League education is an expensive exclusive club and its core value is a low acceptance rate.
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@tito
Tito Costa
1 month
@antonosika This letter from the pirate bay may provide inspiration
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@tito
Tito Costa
4 months
@donaldtusk Repeal AI Act, DSA and even GDPR. Cookie popups are a constant reminder of EU's over-regulation.
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@tito
Tito Costa
2 years
@sole24ore L'antidoto ai prezzi alti è i prezzi alti.
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@tito
Tito Costa
4 months
@Grimezsz Millennials vs the rest of the world.
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@tito
Tito Costa
2 years
@psychosort Seems an applied version of CIA's sabotage manual
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@tito
Tito Costa
2 years
@Kounkuey @LADOTofficial The grift is strong with this one.
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@tito
Tito Costa
1 year
@pmarca 10% to the big guy!.
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@tito
Tito Costa
8 months
@AustinTunnell This is correct and applies to Italy and other EU countries as well. Which is a simper explanation for lack of economic growth than any "cultural" explanation: at the margin, over 70% of extra comp goes to taxes. If you are a business and need to hire someone to drive an extra.
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@tito
Tito Costa
1 year
@tomaspueyo Very interesting thread. In my opinion urbanization despite remote work has quite some room to grow even further. I think real estate pricing will experience extreme polarization. Beachfront properties and city center high-quality apartments in Manhattan, Paris, London,.
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@tito
Tito Costa
10 months
@iocmedia Seems the AI missed this
@vtchakarova
Velina Tchakarova
10 months
Algeria‘s biological man Imane Khelif has beat Italy’s Angela Carini after only 45 sec in 66 kg boxing preliminaries at the #Olympics. What a disgrace!.What about the rights of biological female athletes? .Where are all the feminists when you need them?.
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@tito
Tito Costa
1 year
@MacroAlf The German urge to self-destruct once a century.
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@tito
Tito Costa
2 years
@OurielOhayon @samczsun Cat and mouse race is pretty fast. I also noticed that hitting "retry" sometimes it just overrules without further prompt.
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@tito
Tito Costa
7 months
@duren_matto Piastrellista, elettricista, idraulico, etc €400 al giorno. Supply and demand. Low status vs high status jobs.
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@tito
Tito Costa
4 months
@MRJKilcoyne @pmarca "decarbonisation and competitiveness" i am afraid is an oxymoron unless they mean nuclear acceleration (they don't).
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@tito
Tito Costa
4 months
@EU_Commission @vonderleyen Maybe because they don't have time/resources to figure out if they comply with the AI Act.
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@tito
Tito Costa
3 years
@CXGonzalez At times, the fact that rules are "flexible" and most people are allowed to use common sense, is a strength of the Mediterranean system.
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@tito
Tito Costa
3 months
@lugaricano Surprisingly underdiscussed: no awareness globally, minimal discussion in Italy. The incompetence and ignorance of the political leadership class is mindblowing and offensive.
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@tito
Tito Costa
1 year
The Mixtral 8x7B DPO model by @NousResearch addresses hallucinations, repetitiveness, adherence to system prompt very effectively.
@tito
Tito Costa
1 year
Mixtral model is great, but it really doesn't listen to the system prompt.
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@tito
Tito Costa
2 months
@Porkchop_EXP Find the odd one out
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@tito
Tito Costa
4 months
@unusual_whales Big reality check for the EU coming if US administration finally backs up its companies.
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@tito
Tito Costa
2 years
@CryptoTurkweb3 @BoredApeYC Doesn't look like a great crowd.
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@tito
Tito Costa
2 years
@MichaelAArouet Unaffordable housing (80%) and daycare (20%).
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@tito
Tito Costa
2 years
Burger King at YUL airport ran out of burgers. Chicken it is. @BurgerKing you had one job!.
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@tito
Tito Costa
1 year
@lopp When the lawyers stole more money than SBF.
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@tito
Tito Costa
2 years
@stats_feed Milan has some beauty but maybe a stretch to have it rank above Paris and Florence.
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@tito
Tito Costa
2 years
@AlecStapp Seems accurate, EU burocracy apparatus can only deliver additional regulation and failed all strategic objectives of economic growth, energy independence, defense.
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@tito
Tito Costa
2 years
@scsclassics 476 western roman empire (rome), 1453 eastern roman empire (bisantium).
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@tito
Tito Costa
6 months
@0x_ale Excellent recap of the vibe shift in the past year. I would say at least we are now talking about the gap and awareness of the issue is the first step towards solving it.
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@tito
Tito Costa
1 year
@CasinoCapital All global trade imbalances (chinese manufacturing exports and petrodollars) need to go somewhere, and that's the US market.
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@tito
Tito Costa
1 year
@vestager @X Shameful Ministry of Truth.
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@tito
Tito Costa
4 years
@EricTopol @Noahpinion Singapore is still enforcing extremely strict social distancing, contact tracing and quarantine measures that are difficult to execute or even imagine in the west.
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@tito
Tito Costa
2 years
Clear week ahead
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@tito
Tito Costa
7 months
@paoloardoino Another case where increasing tax rate will reduce tax revenue.
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@tito
Tito Costa
4 months
@PressSec Sovereign Wealth Funds are typically created by net exporters as they accumulate foreign currency. For it to make sense, the US needs to become an exporter and they need to trade kn currencies other than USD (or sell USD to buy something else).
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@tito
Tito Costa
2 years
@noampomsky Smart observation. On Spotify a handful of artists make all of the money, same applies to dating apps. The "long tail" dilemma, more access counterintuitively translates into stronger power laws.
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@tito
Tito Costa
2 years
@Jason Peter Thiel, Mark Zuckerberg, Sam Altman.
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@tito
Tito Costa
4 months
@signulll True for transactional needs, not so much for discovery & entertainment.
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@tito
Tito Costa
8 months
@MichaelAArouet Increasing tax and social security payments took all of the income growth.
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@tito
Tito Costa
1 year
@DD_Geopolitics Micronesia got a better treatment
@RnaudBertrand
Arnaud Bertrand
1 year
People often say that China is not very good in soft power but this is an example of something that they unarguably do much better that the West: treating all countries, no matter how small (we're talking Micronesia here, about 100k inhabitants), the same when their leaders visit.
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@tito
Tito Costa
10 months
@theomarcu An incredible team questions their life choices when the main use case of their company is undistinguishable from OpenRouter's billboard
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@tito
Tito Costa
4 months
@lugaricano @jburnmurdoch @FT What country declined from 60% to 20% coupling rate?!
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@tito
Tito Costa
2 years
@erikbryn US added about $10T of debt to grow nominal non inflation-adjusted GDP from 2019 to 2022 by $5T.
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@tito
Tito Costa
1 year
@fanpage "quasi".
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@tito
Tito Costa
2 years
@alex_avoigt Legacy carmakers should first get bluetooth to work and then try harder things.
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@tito
Tito Costa
1 year
@AleEquilibrium @Ruffino_Lorenzo La buona notizia è che basterebbe giocare su vantaggi fiscali per nuovi residenti per invertire la tendenza molto velocemente. Si potrebbero portare in italia 2.5 milioni di persone qualificate all'anno da tutto il mondo e aggiungere almeno 2 punti di PIL di crescita.
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@tito
Tito Costa
9 months
@FT Breton had no authority to send that "preventative" veiled threat letter and his work is damaging Europe's reputation.
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@tito
Tito Costa
5 months
@t_blom Slightly concerned that in 2050 we'll still be stuck with USB-C.
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@tito
Tito Costa
2 years
Demography is destiny
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@tito
Tito Costa
1 year
@DeItaone Unfortunately he is correct.
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@tito
Tito Costa
19 days
@chalmermagne Literally killed by regulations.
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@tito
Tito Costa
2 years
@jsrailton @lcamtuf Real question is how much reach do these bots have. Paid blue checks is in the end a good solution as a simple but effective temporary shortcut for proof of humanity.
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@tito
Tito Costa
4 years
@patrick_oshag @balajis I just listened to your conversation with marc andreessen, it was epic! Looking forward to listening to this episode next. You are a fantastic, deep, kind interviewer. Amazing job.
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@tito
Tito Costa
5 months
@signulll Resource curse was strong at Google, the ads oil well kept gushing so strongly for so long.
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@tito
Tito Costa
8 months
Sent an email to our German notary on Tuesday, no answer. Follow up on Thursday morning , no answer. Call the office on Friday, assistant says we have received your email, he will answer "in a few days". It's shocking.
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@tito
Tito Costa
10 months
@CaroRackete @Left_EU Right decision for the wrong reasons.
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@tito
Tito Costa
1 year
@MichaelAArouet Once you remove all of the impossible options, you are left with the only answer: #4.
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@tito
Tito Costa
2 years
@adolfo_urso E' positivo che l'inflazione si scesa sotto il 2%. La velocita' della discesa e la traiettoria fa pensare a una frenata estremamente violenta dell'economia piu' in generale.
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@tito
Tito Costa
6 months
@0x_ale I spent 10 years in Singapore, back in Europe now for about a year. The difference in ease of running a simple business, hiring, firing is beyond shocking. The time and money spent with accountants, notaries and tax advisors is such a waste. Europe's GDP would double *easily*.
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@tito
Tito Costa
26 days
@robin_j_brooks Germany needing to bail out Spain is a direct consequence of Germany running mercantilistic policies and forcing huge surpluses to neighbouring countries within a currency union
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@tito
Tito Costa
4 months
@Linahuaa Shift towards Singapore for rich Chinese, starting in primary school, has been extremely visible since 2022. Singapore is in fact the perfect place for them.
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@tito
Tito Costa
3 months
@EU_Commission You forgot something important
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@tito
Tito Costa
4 months
@DeItaone EU is a net exporter to the US, and therefore is in a stricturally weaker negotiating position.
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@tito
Tito Costa
2 years
@Noahpinion Can't quite tell if satire.
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@tito
Tito Costa
4 months
@Molson_Hart I have a small olive grove in Tuscany, we produce for friends and family as a hobby. I can assure you that the production costs of a liter of proper extravirgin olive oil is a multiple of what you pay at the supermarket. Savings form scale or automation are limited, so.
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@tito
Tito Costa
2 years
@MarkovMagnifico It's not the average students who build the best tech.
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@tito
Tito Costa
11 months
@bgurley Value capture by lawyers keeps growing at an extraordinary pace in the US.
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@tito
Tito Costa
2 years
Tricky times to fundraise and invest
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@tito
Tito Costa
2 years
@BrankoMilan Greece can thank Germany and their cult-like belief in austerity (which benefited their own export-driven industrial complex).
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@tito
Tito Costa
2 years
@Bornakang But why
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@tito
Tito Costa
7 months
@giulio_mattioli "A lot of people who reject key principles of liberal democracy". This is not the lesson. The lesson is that, if you want to win, you need to run a campaign around practical things that matter to people and not around theoretical principles, identity politics and ideals.
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@tito
Tito Costa
1 year
@euniceajim It's a consequence of the pecking order of capital markets: when US slows down, Europe/UK is worse and every other geography dries up almost completely, especially at B stage and above where share of global investors on capital deployed is higher.
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@tito
Tito Costa
6 months
@EP_President @RobertaMetsola @eucopresident @vonderleyen @Europarl_EN @EU_Commission @EUCouncil We expect more freedom and fewer regulations ✂️✂️✂️.
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@tito
Tito Costa
7 months
@CatholicOrca This is tragically and surprisingly true.
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@tito
Tito Costa
27 days
@NatPurser Good news is that the European economic stagnation is mostly self-inflicted. Culture explains maybe 20%, with the rest driven by overregulation, overtaxation and surreal amounts of public money paid out to retirees.
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@tito
Tito Costa
5 years
@paraschopra The sun and the moon appear to be the same size from Earth. By sheer coincidence, sun is ~400x bigger but also ~400x farther away.
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@tito
Tito Costa
7 months
@pier_falasca @GiZollino @fleinaudi @carmelopalma A leggere i commenti sembra che ci sia ancora molta educazione da fare. È difficile per i più comprendere la densità energetica del nucleare.
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@tito
Tito Costa
8 months
@tobi Legacy of @ThierryBreton and @vestager. We should find a face-saving way for @vonderleyen to reverse/nullify/substantially reduce scope of the AI act.
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@tito
Tito Costa
2 years
@g_sangiuliano @elonmusk Si farà o non si farà al colosseo? Sembra un'occasione sprecata.
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@tito
Tito Costa
1 month
@prestonattebery Personal finance app is the classic tarpit idea.
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