Author: tremendousblog
-
+
+
+
+
+
+
Startupland is a mess. Valuations are depressed. Companies are going bust. So today, I went back to basics: Warren Buffett. No one in history has matched his investment prowess. Buffett’s net worth stands at $112 billion, making him the eighth richest person alive. Since taking control of Berkshire Hathaway in…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
With valuations down, this year’s investments should be some of the best ever. But many VC’s are riding AI startups right off a cliff. Total venture capital investment is down almost 90% from the peak, according to Carta. Late stage funding has practically ceased to exist. Even seed is down…
-
Things are going from bad to worse for hedge fund billionaire Carl Icahn. Icahn Enterprises stock is down over 20% today after prominent fund manager Bill Ackman predicted disaster for the firm. In a lengthy tweet yesterday, Ackman outlines a nightmare scenario for the stock: Icahn owns 85% of the…
+
+
+
+
+
+
+ Business+ Ackman, Finance, Hedge funds, Icahn, Investing, Money, Stock Market, Stocks, Wall street, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
“You’re going to see a lot of emerging managers shut down in the next few years,” said a VC I met with this morning. She couldn’t stay long — she was heading to California to fundraise. The down market is hitting emerging managers hard. These VC’s are on their first…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Corporate raider Carl Icahn has lost $15 billion since the release of an exposé by Hindenburg Research. That’s over $900 million a day. The Hindenburg Report Hindenburg claims that Icahn’s holding company, Icahn Enterprises, is structured like a Ponzi scheme. Repeated share sales support an unusually high 28% dividend. In…
-
+
+
+
+
+
+
Every now and then, I meet a hardworking founder with some great tech. But I know I’ll never invest in their business. Despite founders’ best intentions, some companies develop serious problems. Those problems can make a startup untouchable for investors. We put those companies in the “too hard bucket.”* And…
+
+
+
+
+
+
+ Entrepreneur, Finance, Founder, Investing, Money, Silicon Valley, Startups, Tech, VC, Venture Capital+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
The year is 2166. I am 180 years old and my body is beginning to fail. Time to upload my memories. Advancements in biology could soon have us living much longer than ever before. But even if our bodies can’t reach immortality, perhaps our minds can. Imagine a future in…
+
+
+
+
+
+
+ AI, Artificial Intelligence, Being, Computer Science, Consciousness, Futurism, GPT-4, Longevity, Philosophy, Startups, Tech+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
Nearly a quarter of all New York City office space is vacant. Now, the pain is spreading to the city’s budget. From a report out this morning in Bloomberg: The atrium at 60 Wall Street was once a thoroughfare for thousands of Deutsche Bank AG employees. These days it’s eerily…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
It was lunchtime on the set, and I knew exactly where I was headed. It was time to eat the best dumpling in New York. Get the blog before anyone else…subscribe! This is Shu Jiao Fu Zhou, an institution in Manhattan’s Chinatown. This simple storefront serves tender dumplings, rich noodles…
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
Tremendous 