Slicing Through Money's Mysteries
On August 5, chief AI scientist Jeff Dean announced he was leaving Google after 27 years. Google proceeded to lose ~$180 billion in market cap, making this the largest impact I've ever seen by one employee departing. He's co-founding Discovery Loop, a public benefit corporation aimed at using AI to automate the scientific research process [ ] The post Why Venture Capital Funds Must Get Bigger To…
On August 6, the first tranche of locked-up SpaceX shares was released. Roughly 911.5 million shares became eligible to trade in a single session. SPCX went up 6%. Then it went up again the next day, closing out a two-day gain of about 11% on the exact event everybody had circled on their calendar as [ ] The post Everybody Got The SpaceX Lockup Expiration Wrong, And I m Not Selling appeared first…
According to an Indeed Hiring Lab analysis, women now hold more payroll jobs than men in America. It's only the third time this has ever happened. The first two times, during the Great Recession and just before COVID, the gap snapped back once construction and manufacturing started hiring again. This time looks different. Between February [ ] The post The Stay At Home Man (Boyfriend Or Husband) Is…
Back on June 30, I published Summer YOLO Fund: Permission To Spend, giving myself explicit written permission to blow through $40,000 in Honolulu this summer. The $40,000 was originally earmarked for investments in private startups after attending YC demo day. However, I wasn't able to invest in companies I wanted, whether due to valuations or the [ ] The post Why You Need Less Money Than You…
I write before my kids wake up and after they go to sleep. That's the arrangement. It means I'm free during summer, winter, and spring breaks, along with weekends, which is the whole point of building a lifestyle business in the first place. I gave up a handsome paycheck for the ability to always be the one [ ] The post Crushing Childcare Costs Are Why Cities Are Running Out Of Kids appeared first…
Ever since two park rangers approached me at an empty public court while I was teaching my own children tennis, I've been thinking about how to make sure it doesn’t happen again. Not just to me. To anybody. The problem that afternoon wasn't that the rangers were doing their jobs. The problem was information. They [ ] The post A Backwards Tax Identification System For Determining Your Freedom…
There are layers to freedom, and most of us only ever peel back two. The first layer is breaking free from your parents. Some people manage it the summer after high school. Others are still depending on dad to pay their new credit card charges at 37. The second layer is breaking free from work. [ ] The post You ll Never Be Free From The Government: Introducing The Leash Ratio appeared first on…