1/ FOUR years ago (2017)...

i warned of several RISKS in China x Africa
what i dubbed '#Chinafrica'

low probability, high magnitude risks
that have now come to pass...
5/ #chinafrica 2018 on cobalt x congo + violent extremists
6/#Chinafrica Chinese loans in Ethiopia from farming to retail...
7/ #Chinafrica 2018 33% of China infrastructure lending was to Africa
8/ 2018 - Xi pledges $60B for Africa "growth" (since walked back a bit)
9/ 2019 China holds sway at East African port...
10/ 2019 - #chinafrica China has covered Africa continent with its own technology...
11/ #chinafrica China's investment in Africa rising faster as America's has been falling
12/ 2019: China Huawei used by Africa incumbent government leaders to help spy on political rivals #chinafrica
13/ 2019: China takes over Kenyan port over unpaid debt #chinafrica
14/ China sets up spy operation under guise of Africa infectious disease hub #chinafrica
15/ 2020: a new great game on the continent is underway #chinafrica vs US
16/ 2020: China funding megaprojects in Africa
18/ 2021: first China military base in Africa...

• • •

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More from @wolfejosh

29 Nov
Just INSANE. Beautifully INSANE.

Riff-riffing with mumbly vocals over tempo and melody evolving with iteration + creative correction + amplification in real time

Paul McCartney writes “Get Back” while Ringo + George watch
2/ further INSANITY.

the making of “Let it Be”… (part 1)

The humming of the words before they were written and encoded in our ears and history forever…

Trial, error, iteration, reiteration,
mutation, variation amplification…
3/ (part 2) the making of “Let it Be”

With John Lennon learning the chords

And Yoko and Linda McCartney half listening…
Read 4 tweets
27 Nov
1/ This is a good + fair question.
I hope i give a good + fair answer…

Why is BRK (buffett) a different ‘religion’ than TSLA (musk)?

A thread🧵…
2/ The fun thing about making lots of money in VC + crypto + any asset or security that makes money by selling it for more than you paid for it is this:

you don’t NEED it to profitable business—
you only NEED others to buy it for more

A 🔑 difference between TSLA + BRK…
3/ And if you don’t need the business underlying your investment to be profitable 💵(because you just need others to believe that others will believe that others will believe 📈)…

You might not NEED to know 💁‍♂️what actually makes a business profitable….
Read 20 tweets
24 Nov
1/ Interesting POV from Chinese billionaire friend
who made his money outside of China
and felt safe from reach of Xi (as he invested in China,
but sold his companies to non-Chinese so he never ‘took money out’ of China).

He got the #’s wrong but the point was clear…
2/ He asked me the first “democracy”.
I answered: Greece.

He said what was population of your great democracy
i said ~150,000

He asked how many were slaves? I did not know.

He said: ~100,000 slaves rules by ~8,000

Now what about your beloved Rome?
3/ What was the population of Rome?

I guessed roughly correct 1M

He asked: and how many slaves?

I guessed 10k. He said it was closer to 500k around 50% of the population.

He asked––rhetorically––what the current population of “democracies” in the world today?
Read 8 tweets
21 Nov
Cormac McCarthy is a literary chemist—combinations of words that never occur creating visuals that can never be forgotten

And literary pulse of @sfiscience
2/ A few other @sfiscience gems: Geoff West who helped the masses appreciate consistent patterns of scale across lifespans and heartbeats and company lifecycles and spread of ideas and disease…

Read 7 tweets
18 Nov
1/ Lux’s theme of “TECH of SCIENCE”…

Some BIG news from Lux family co @benchling founded by incredible CEO @sajithw

bloomberg.com/news/articles/…
2/ Fun fact at Lux family co @benchling
1 in 4 biotech IPOs in past 2 years run their R&D on Benchling Image
3/ Fun fact 2 at Lux family co @benchling
-600+ customers
-200,000 active users
-7,000+ academic research institutions Image
Read 4 tweets
14 Nov
1/ Releasing a redacted Lux quarterly letter to LPs.

Some strong views of
-a catalog of an excess of excesses
-what catalysts cause the current market frenzy to end
(preview: LP indigestion)
-what we are advising our Lux family companies
-much more… Image
2/-The importance of HEIGHTENED HUMILITY in times like these (where source of ‘success’ can be easily mistaken)
-Telepresence helps us connect with far-flung founders but true presence (in person) helps our team connect like never before
-Where a CONSENSUS of CONCERNS is CENTERED Image
3/ Time travel with us a year hence—
reflecting back on the year that was.

Which of the 2 paragraphs below do you expect to read in Q3 2022? Image
Read 12 tweets

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