Climate change is a public health crisis. #earthday Illustration via Liberal Jane

Chamath explains here how the interconnected Silicon Valley ecosystem enables this Ponzi situation:

The main problem with raising VC money?

VCs want companies they invest in to potentially 100x in valuation within 10 years.

For most companies, that's an INSANE amount of growth that turns founders upside down.

Most companies shouldn't raise VC:

Let's start at the very start.

Usually, good companies start by identifying a problem people have.

Only then do they build the solution to that problem, knowing people will want it.

Michael Seibel, founder of Twitch, explains this well:

In 2023, 3200 startups shut down - nearly double the amount in 2022.

You've probably heard of the biggest failures:

• WeWork
• Convoy
• Zume

What's going on?

Remember Bird?

Slick e-scooter company that was the fastest company to reach unicorn status.

They raised close to a billion dollars and went public - before filing for bankruptcy earlier this year.

But this isn't a unique phenomenon…

Everyone talks about the same companies every day.

Uber. Google. Facebook. Tesla.

It's corrupting our youth.

Here’s how Silicon Valley misled an entire generation about startups and wealth (and what you can do about it):

What we've #learned from the #women

behind the #AI #revolution

tcrn.ch/4cJhhXP #fintech #ArtificialIntelligence #MachineLearning #GenerativeAI #GenAI alex (tired) Equity Podcast @techcrunch

#women intech Theodora (Theo) Lau - 劉䂀曼 🌻 Ghela Boskovich Prof. Sally Eaves Dr Magda CHELLY,CISSP,S-CISO,PhD Shira Rubinoff

'air head' is one of the first short films made using #Sora by OpenAI.

the response so far has left us floating.🎈

How exciting, DOE’s Office of Clean Energy Demonstrations just gave out $6B to scale climate tech. Let’s take a look at what inspiring new industrial companies they funded!

To clean up industrial chemicals, they handed $1.2b to…ahhh….I see…Exxon, BASF, Dow, and Eastman.

Abortion rights are human rights!

⚡️We don't need diversity pledges during #WomensHistoryMonth month. Just send the wire and make the hire! 💰💵🚀

#womenintech #vcs #startups #bipoc #LGBTQI #EmergingFundManagers #underrepresented #siliconvalleycommunity #femalefounders

Abortion rights now! #StateOfTheUnion

So incredibly proud of W Fund portfolio company Glacier whose recycling robots are saving millions of bottles from the landfill. Excited to co-invest with The Climate Pledge, NEA. fastcompany.com/91047150/this-…

Why do eggs and guns have more rights than #women ? via Lakota Man

Women will not stand idly by and watch our rights being taken away. In 2024 we take them back. Just you watch!

The #WomenInAI

making a difference

tcrn.ch/48lhHQH #fintech #womenintech #AI #ArtificialIntelligence #MachineLearning #GenerativeAI #gendergap Kyle Wiggers Dom @techcrunch

Theodora (Theo) Lau - 劉䂀曼 🌻 Ghela Boskovich Prof. Sally Eaves Dr Magda CHELLY,CISSP,S-CISO,PhD Shira Rubinoff Diane Kazarian, FCPA, FCA, ICD.D…

Best response to being asked to 'dial down the feminism.'

Curious why more people aren't advocating for being a small check LP in emerging funds? Early funds have the highest returns, diversify risk across multiple investments, manage due diligence & reporting and have a better chance of capital return. Happy to Chat about this more.

For #ValentinesDay all we want is abortion rights and to end patriarchy and white supremacy. Also, go ahead and add pockets to all our clothes, too! 💜 💜 💜