Dropping Gold
By 1971, U.S. debt had simply grown too high. Just $11 billion in gold backed $24 billion in dollars. That August, French President Pompidou sent a battleship to New York City to collect his nation’s gold holdings from the Federal…
leafyleaferson
When Exit?
When you have portfolio companies that are category creators, category leaders, who are well managed, and growing 50% per year or more and delivering 20-30% pre-tax margins (or more), and who have no existential threats to their market leadership, you…
I think Uber doesn’t know which way to go (no pun intended). It has an identity crisis on its hands: it provides value over traditional alternatives, but with tech-company overheads. But it doesn’t deserve tech-company valuations because it’s not as…
Martin Rees, a British astronomer, maintains that six numbers in particular govern our universe, and that if any of these values were changed even very slightly, things could not be as they are. For example, for the universe to exist…
Insert Deep Quote Here
I hope you aren’t held back because of a number. And that you don’t rush into things because it feels like time is slipping by. I hope you do what’s right for you. Hold on. Slow down. And breathe in.…
The singular for spaghetti is spaghetto …sounds like a troubled side of town in Italy.
Before Smartphones
Some lines from this brilliant Substack post. …I did not take photos of myself, was not filtered, and had no idea what I looked like as a bunny rabbit, puppy, or unicorn. …I had no idea how many steps I’d…
Racing Glaciers
Bubble gum music usually boosts artists into stardom, it’s catchy, engineered to hit the dopamine spots. Indie bands hit different though.
Advice is a form of nostalgia. It’s someone’s attempt to synthesise their experiences, not an accurate statement about how the world works.
Water is Life
These hydropanels use the power of the sun to extract an endless volume of clean drinking water from the air.