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50% chance that one of the two candidates debating tonight does not emerge from his party’s convention as the nominee.
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Marc S. Bathgate
3.2K posts
Marc S. Bathgate
@msbathgate
Lesser 1/4 to @kkbathgate. Dad to 4. Converted Utahn. @CMCNews alum. Finance & tech geek; avid skier, podcast lover. Alternatives skeptic & investor.
84098 Joined Mart 2011
482 Following253 Followers
Similar or even more so for early stage VC. Also true for both if you raised a fund in 20/21 but didn’t deploy rapidly.
We had funds that struggled to deploy because of valuations & saw fat pitches 22-24.
Biotech VC is still highly out of favor & will likely have good vintages.
Meghan Reynolds@MeghanKReynolds
Heard from VC LPs: one of my favorite charts from the @hamilton_lane market overview. The simple case for steady and consistent allocations. From mid 2022 - 2024, late stage/VC growth was a bad word with LPs. Extremely hard to raise/sell. But if you managed to close your fund in ‘22 and had dry powder, you have likely killed it.
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Marc S. Bathgate retweeted
The slave trade that had been going on for several thousand years, with Africans and Arabs deeply involved
It was not an idea dreamed up by the British
But they did put an end to it, thanks largely to the Quakers
Straight White British Male@STR8WBM
Lenny Henry and everyone else needs to stop playing victim! Britain was a world leader in abolishing the slave trade!
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Marc S. Bathgate retweeted
Another earlier than anticipated closing...
Deer Valley Resort@Deer_Valley
Closing Weekend at Deer Valley | March 28–29 Thank you to our team and guests for a historic season. Join us for the final days on the mountain.
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@Biohazard3737 Timing markets is a fallacy to which we all fall prey.
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Marc S. Bathgate retweeted
Marc S. Bathgate retweeted
The Bitter Lesson of Robotics: It's extremely easy to make a video of a robot doing something once under perfect conditions then post it to X. But it often takes a decade to harden systems and design for all the insane edge cases of the real world. Many companies raising $$$$ on cool demos, but all the hard work comes after
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Marc S. Bathgate retweeted
Here's a simple principle that more founders and investors should understand:
Funding to private companies, from inception all the way to exit, appears to have a convex relationship with success. Too much, or too little, is dangerous.
There is an appropriate amount of funding to achieve the greatest chance of success, determined by a coherent strategy to hit staged risk milestones.
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Candide doesn’t ski. He flies and pretends his skis are somehow contacting the ground. @candidethovex youtu.be/_smOoXDuyJU?si…
YouTube
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@Biohazard3737 Education should fit the kid. Our public school is a country club compared to what my boys are going through, but they’re learning without screens and the younger one is really benefiting from the structure, which he desperately needs.
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@Biohazard3737 Try having four kids and sending them to the private school you co-founded when you thought you were moving somewhere for the public schools. 🤪🤑
Forget all the extra activities and plane tickets for spring break.
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Marc S. Bathgate retweeted
storm chaser of the day: gale-force winds
Mother nature, keep up!
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Lest you think AI will take all the jobs, mail is new again. wsj.com/lifestyle/care…
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Just can’t get the cold to match up with the precip this season.
Utah Daily Snow@WasatchSnow
I was diving into the water year precipitation totals (since Oct 1) around the state. The crazy thing is that most sites are around normal, a few below, and a few above. However, the mean for northern Utah is around 100% of normal total precip at mountain sites.
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Our actions in Iran and Venezuela have meaningful outcomes for their citizens but also serious ramifications for Russia and China.
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This Iran attack is a big risk. If a hardliner rises to power, it will be worse than leaving things alone.
If somehow the IRGC is displaced and a republic emerges, it will stand as one of the more brilliant foreign policy moves of the past 70 years.
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I see an uncanny amount of violence and sexual scenes on other screens on planes. Stuff I don’t want to see, let alone my kids.
Whatever happened to the “edited for all audiences” versions of movies?
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This is a fitting tribute. We know who’s organizing the outdoor events in heaven now and the mood just got brighter. Godspeed, Kate. legacy.com/legacy/katheri…
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Two Ubers in SF in the last 24 hours. Zero deodorant.
Limited data set, but not a good trend.
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This is a fantastic listen with Ben Sass. To peer over the edge of the world into death and be able to speak about it with such composure and clarity is a rare talent. overcast.fm/+AAbZDoOvugY
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