Author: tremendousblog
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“In early 2000 when the market melted down, we had seven months of runway left and no revenue.” Roelof Botha That’s Roelof Botha, Senior Steward of Sequoia Capital. In a revealing new interview with Bloomberg, Botha digs into the toughest times at Paypal and why great companies are built in…
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+ Finance, Investing, Money, Paypal, Silicon Valley, Startups, Stock Market, Stocks, Tech, Venture Capital+
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“‘It got to the point where I literally got sick to my stomach,’ she recalls. ‘Every day I got home and would think to myself, I helped set someone up for failure.’” The Greatest Trade Ever Karen Waheed, who worked at New Century Financial, was becoming increasingly worried about the…
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“On the screen before her was a figure she had never seen before, at least not on an ATM…$45 million, newly deposited in their joint account. It was Pellegrini’s bonus for the year….” Paolo Pellegrini’s wife Henrietta could hardly believe their good fortune. A few short years ago, Paolo had…
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+ Billionaires, Finance, Hedge funds, Investing, Money, Reading, Real estate, Stock Market, Stocks, Wall street+
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“I can’t believe it actually said that.” That’s what I find myself saying over and over as I use the new LLM from Mistral AI. Released just this Wednesday, Mistral’s new model comes from a Paris-based team of top AI researchers. These DeepMind and Meta alums made headlines for a…
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+ AI, Artificial Intelligence, GPT-4, Investing, LLM, Mistral, Money, Silicon Valley, Startups, Tech, Venture Capital+
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“What do most investors get wrong?” I posed this question to a top investor this week. His answer: investing in companies with no revenue. Only about 10% of startups ever get a product out, he estimates. Of those, only around 10% will ever make a penny in revenue. This puts…
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Silence fell as the dim sum hit the table. All I could think was, “I need that dumpling.” This is Golden Unicorn, a dim sum restaurant in Manhattan’s Chinatown. Golden Unicorn has been serving up dim sum in an elegant, banquet setting since 1989. I dug into a delicate pork…
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Most e-commerce merchants can’t afford huge teams of developers. Amazon can. So how do you compete? By using Krepling! This cutting edge platform lets you integrate all your software tools easily, without code. You can quickly add new languages, currencies, and payment methods. This lets you expand worldwide in a…
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+ E-commerce, Investing, Money, Online store, Shopify, Silicon Valley, Startups, Tech, Venture Capital+
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My coffee came out, alongside a chocolate covered almond and a cool glass of water. Was I back in Vienna? Actually, I was in New Jersey. But if you want to have an Old World coffee experience, this was the place to do it. This is Two Crepes in Union…
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On a Saturday, if everything goes right, I’ll wind up here: Jefferson’s Coffee. Located in bustling Hoboken, NJ, Jefferson’s serves smoky espresso, creamy iced lattes, and delicious teas in a relaxed atmosphere. I make sure to snag a table outside before I even order. Is this rude? Probably. But I’m…
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I can invest in the next Uber. You probably can’t. But thanks to a new bill in Congress, that may be about to change. From a new report in Barron’s: The Equal Opportunity for All Investors Act, a bipartisan bill passed by the U.S. House of Representatives in May, could…
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+ Finance, Government, Investing, Money, Politics, Startups, Stock Market, Stocks, Tech, Venture Capital, Washington+
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