"The end product is very sexy and you know, that's what draws people's attention, but the whole back end of it is what makes it possible."
"I'm trying to correct the misperception that design is the hard part. It is not the hard part."
https://youtu. be/t705r8ICkRw
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Loads of insights here from @elonmusk on SpaceX’s 5-Step design and manufacturing process 🚀 ─Check it out🍿📺
I can see a lot of similarities with the general misconception surrounding the startup world:
@elonmusk The idea that unicorns are born out of an "idea", an "Eureka moment" of design inspiration.
@elonmusk The best businesses, especially tech startups (but not only!), are built by grinding, optimising, working out the supply chain, pivoting, developing, re-developing... and doing all that boring, unsexy, hard stuff that takes years to perfect and an great team to deliver.
More than 100 studies citing @Google 's #AlphaFold are being released each month according to the New Scientist. The protein structures and open-source tools previously released by @DeepMind have already accelerated many areas of research.
@Google@DeepMind Interestingly, the way AlphaFold models proteins resemble the way NLP algorithms make sense of sentence structures, as you can see from the chart in the head tweet above.
@Google@DeepMind I invested in a few AI companies over the last couple of years and continue to think that it's key to continue backing infrastructure players like DeepMind was in the early 2010s.
At least one immigrant or a child born to first-generation immigrants in the founding team behind 9 out of the UK's top 10 unicorns (companies valued at $1bn or more)
"immigrants are far more likely to be entrepreneurial than people born and brought up in the UK… three times as much in fact."
But sure, let's keep on with divisive rhetoric across Europe 🤦
Just leaving it out there since far right seems set to take over my home country of Italy (that could do with a bit more unicorns than just... one) and as for the UK... I mean, since 2016 it's all been a downhill descent.
When venture capital and deep tech startups meet to solve the global Climate challenge...
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On our side we announced our first official deal as a VC, Silicon Roundabout Ventures! (But we could not release the details just yet 😜 not even to our LP investors for now!!)
and...
I was blown away by the quality of technologies and solutions presented by our selection of Silicon Roundabout (@SiliconLondon ) community startups last night:
Before I started my Startup investment journey I had no clue how to turn my gut feeling and broader market beliefs into a coherent investment strategy. Or at least how to communicate it succinctly.
Then I discovered the importance of coming up w/ a strong Investment Thesis. One that not only I believe capable of actually delivering returns, but that it also fits with my vision of where the tech world is going and the "spacial sauce" I can bring to the VC world.
Below is how I came up with mine over the course of the start of my startup investing between 2020 and 2021: It wasn't easy at first.
" The real beneficiary of the past 10 year of technology booming in the UK have been teachers in Ontario because the reality is that the Ontario Teachers' Pension Plan has been the one that's been deploying" [capital in UK and European Venture Capital]
–Dom Hallas from The Coalition for a Digital Economy speaking to the The Economist
So true!
Media likes to paint VC as a "risky thing"...
...but if you look at the data, it is an asset class that consistently beats the public market. Especially by diversifying and indexing across the class via a diversified VC fund and fund of funds portfolio, which pension funds have the capacity to do.