Everything you need to know – or at least I what I thought was interesting – in <100 tweets about the Apple/Epic lawsuit verdict today. Fun facts – 64% of Fortnite users have only ever played the game on IOS devices, but 93% of Fortnite revenue is generated on non-IOS platforms; 87% of paying users never transacted via the AppStore.

Quick update on this - hearing that the SBA is working expeditiously to release a new (and potentially streamlined) 7A application for the CARES/PPT loan program along with updated guidance on eligibility.

https://twitter.com/skupor/status/1244029666060431365

Final Affiliation rules guidance from the SBA - unfortunately did not resolve the concern that venture-backed companies had raised. sba.gov/sites/default/…

My partner @amico_jeffrey has some good comments here, so thought I would add some additional perspectives.

https://twitter.com/amico_jeffrey/status/1235335277662609410

To me, the most interesting topic here is the non-integration safe harbors. Lawyers sometimes worry that a perfectly legal stock offering can be tainted by another one that is declared non-compliant. And, in that case, the SEC could "integrate" the two and declare them both bad.

Great piece from Elad today on market size! I wanted to underscore one point he references on SaaS and the implications for market size. blog.eladgil.com/2019/05/market… By the way. nothing here should be taken as investment advice and full disclosure, a16z portfolio companies are referenced. see a16z.com/disclosures for additional important information.

Good piece from @wsj today on growth in public markets - wsj.com/articles/why-i… A couple of additional thoughts. By the way, nothing here should be taken as investment advice and full disclosure, a16z portfolio companies are referenced in the story. See a16z.com/disclosures for additional important information.