Jacob Bacharach Profile picture
Novelist. Critic. Books about crooks.
Feb 14 4 tweets 1 min read
Didn't find the Atlantic article about the Mellon as objectionable as some, but I parsed AWM's most recent 990: of $555M in giving, $225M went to higher ed. That's like half the annual spend of an Arts&Sciences college at a big public R1. It's just not enough to move the needle. Put another way, there are about 400 R1s + liberal arts colleges in America. $225M = about $500K per. Higher ed in America is simply enormous, and the idea that a few hundred mil in grantmaking each year can exert a real gravitational effect seems questionable by the numbers.
Mar 27, 2023 5 tweets 2 min read
So. Here's a forelock-tugging article about how SVB's collapse will "chill" start-up funding that only manages to mention one actual "start-up," which, amusingly, is *not* a tech firm, but rather a fake "neo investment bank" called HF.capital.
nytimes.com/2023/03/27/tec… This fake business is itself run by a former minor-league VC player. It doesn't even have a real website, but it does have a Facebook page 🤪
Mar 26, 2023 13 tweets 2 min read
What's ruined Nu Star Trek, especially Picard, isn't the vile undermining of a utopian future, a penchant for dumb violence, an attempt to make an elderly man an action hero, bad dialogue, or terrible characters, although they're all there. It's that they ruined warp drive. FTL travel was always fantasy, but in Trek, and in TNG in particular, they took seriously the idea of the true size of the galaxy, and while the warp drive was fantastical, it was NOT magic. It took a *long time* to get places.