1/You can be in favor of private companies banning Trump because of imminent safety concerns, while still be 100% for freedom of speech... AND reasonable speech standards on private platforms

Trump is the freedom of speech stress test... & a stress test can have some upside
2/The stress test reveals the core issue: we let FB, YouTube, Instagram, Twitter, etc replace the open web with their walled gardens

That was a mistake.

We should have been working on distributed, p2p, and open platforms like the web, RSS, podcasting, bitcoin, etc.
3/There will be a huge victory and reward for the individuals who make distributed, open-standard versions of twitter, FB, YouTube, App Stores, and even cloud computing platforms like AWS.

The time is now.

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More from @Jason

12 Jan
1/USA #VaccineStrategy improving

💉 600k+ shots in arms today
📈 2.7% vaccinated
😷~100-125m have had Covid (estimate)
~135m OTOS ("on the other side" -- my estimate)

With 1m infected & 1m vaccinated a day = 2m OTOS a day

~Feb 15th we will have 50%+ of the USA "OTOS" ImageImage
NY & California, the worst-performing states, announce less precious vaccine deployments. 24-hour, @friedberg-style rollouts coming soon.

NYC: gothamist.com/news/nycs-firs…
Read 4 tweets
22 Dec 20
1/I’ve embraced remote work completely like all tech folks have been forced too, & I’m afraid & inspired that the gains are so significant for employees that many/most will not go back to offices

This is going to lead to a crazy, competitive chess board for funds & startups.
2/Some companies will be able to draw top talent and demand they come to the office (think: Apple, FB, Google)

Companies that do real-world things like build cars or rocketships, will obviously be able to draw people to an office

For knowledge workers??
3/Nope. The top developers, writers, sales executives, product people, marketers, investing, finance executives, etc. will be able to say the following to big companies:

"I am only looking for job opportunities that allow me to work from home."

That's it. Done. Employees win.
Read 8 tweets
22 Dec 20
1/Sounds like jail time: "Ripple created an information vacuum such that Ripple and the two insiders with the most control over it—@chrislarsensf & @bgarlinghouse sell XRP into a market that possessed only the information Defendants chose to share about Ripple and XRP"
2/Smoking guns: "Ripple received legal advice as early as 2012 that under certain circumstances XRP could be
considered an “investment contract” and therefore a security under the federal securities laws."

[ note: we all were saying this on twitter! ]
3/What we all through is confirmed: ". Ripple used this money to fund its operations without disclosing how it was doing so, or the full extent of its payments to others to
assist in its efforts to develop a “use” for XRP and maintain XRP secondary trading markets."
Read 22 tweets
21 Dec 20
1/ON WORKING FOR ME: I have a ton of folks asking to do free internships

We don't do them cause I hate short-term relationships

My joy has been developing talent, so we always have a half-dozen, entry-level positions available @launch

*BUT* raises are 10-20% for survivors...
2/folks who start on this path go from $50k to $60k to $75k to $90k to $120k over 5 years--with zero experience in venture capital, no business degree, & no Ivy league pedigree

We look for:

--ability to learn new skills quickly
3/We look for folks who are doing stuff in the world

a blog, youtube channel, side hustle--folks who build stuff, tinker, & learn skills constantly

We don't care about degrees we care about how you've demonstrated your skills in the world already
Read 5 tweets
24 Aug 20
1/I have two professional goals left in this life.. the first is to be the greatest startup investor of all time.

The plan is super confidential... so please don't share it.

Step one is to have the greatest startup podcast in the world: @TWiStartups (it already is IMO)
2/Step two is to have the greatest accelerator in the world, @launch accelerator, & have seven companies per class and do 12-18 classes a year.

We are right up there with @techstars & @ycombinator -- but not clearly #1 yet (lots of work left to do).
3/Step three is to have @launch Funds to power the accelerator and do direct investments quickly.

I hate raising funds, but I'm getting better at it. Candidly, I don't like the dog and pony show... it's my weakest link in this chain.
Read 9 tweets
15 May 20
My recession thesis:

A/close to 100% of companies will embrace remote work after this because...

B/100% of founders & management teams just learned how to manage remote work & quickly found that...

C/Some workers are crushing it & others are, well, “not crushing it” so...
D/most companies don’t know who the underperformers are, because, well, they never looked at exactly what people accomplished (great managers do this, most folks are not great managers)... so...

E/The folks not crushing it are going to get cut... And...
F/Office space will be reduced by at least 50% by companies.... which will.....

G/Make the companies that survive this recessions STRONGER because they have less people and lower costs.... at the SAME TIME.... The huge win will arrive...
Read 6 tweets

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