Chris Brandt

645 posts

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Chris Brandt

Chris Brandt

@CD_Brandt

Managing Director @Audacious_Cap. Board member @SJMCTowson, @ShiftMedNurses & @BWTechRPC. Fellow @AspenInstitute. Dad to three great boys.

Baltimore, Maryland, USA Katılım Şubat 2010
455 Takip Edilen297 Takipçiler
Chris Brandt retweetledi
Wes Brown
Wes Brown@w3sbrown·
Nasdaq is proposing to facilitate the largest involuntary wealth transfer from retirement savers to venture capitalists in market history. And nobody seems to be talking about it. SpaceX demanded, as a condition for listing, that Nasdaq cut index inclusion seasoning from 3 months to 15 days. Nasdaq agreed (what?! where are the regulators?!) because losing a $1.5T listing fee to NYSE was unthinkable. Over $600B in passive funds track the Nasdaq 100. These are 401(k)s, target-date retirement funds, index funds with capital auto-allocated from every paycheck by people who never make an active investment decision. When a stock enters the index, those funds MUST buy at weight. No analysis. No discretion. No opt-out. The 3-month seasoning period exists so that price discovery, real buying and selling by people making actual decisions, can happen before that involuntary capital gets deployed. It's the one structural safeguard between a hyped IPO price and your retirement account. SpaceX wants to IPO at $1.5T on a 3% float, get indexed in 15 days, and let insiders sell into the forced demand as lockups expire. The exit liquidity is your grandmother, scoolteacher, and lifesaver's 401(k). I went through an IPO. I've been on the inside of the lockup and liquidation process. This is exactly how it works: insiders need buyers, and passive index capital is the largest pool of involuntary buyers on earth. This isn't market innovation. It's manufacturing exit liquidity from people who don't know they're providing it. ainvest.com/news/spacex-fa…
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Auren Hoffman
Auren Hoffman@auren·
OVERHEARD: young men from South Asia are moving to Russia to find brides. Because of the war, Russia is facing a lack of men which makes the dating market (especially in more rural Russia) very attractive.
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John Arnold
John Arnold@johnarnold·
There is a group of states actively competing to attract businesses and high earners, and another group adopting policies that drive them away. I don't see how this doesn't end up as a disaster in the long-term for the latter.
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60 Minutes
60 Minutes@60Minutes·
A landmark lawsuit against 10 manufacturers of ultraprocessed foods alleges that, like the tobacco companies, they knowingly engineered and marketed addictive, dangerous products while hiding the risks and causing a public health crisis. cbsn.ws/4aiN7LY
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Chris Brandt
Chris Brandt@CD_Brandt·
Grateful for great conversation with Ryan Odom and Griff Aldrich last week in front of an extraordinary group of founders and executives from the DC/Baltimore area. Ryan and Griff have a remarkable full-circle story at @UVA following their historic 16-over-1 moment at @UMBC in 2018. We talked less about basketball and more about leadership - building culture amid constant change, aligning incentives, and developing people under real pressure.
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Chris Brandt retweetledi
Sawyer Merritt
Sawyer Merritt@SawyerMerritt·
NEWS: U.S. insurer Lemonade has announced that it will offer a 50% rate cut for drivers of @Tesla vehicles when FSD is steering because it had data showing it reduced accidents. “A car that sees 360 degrees, never gets drowsy, and reacts in milliseconds can’t be compared to a human. Beyond the product announcement today, we’re also announcing our commitment to the Tesla community – the safer FSD software becomes, the more our prices will drop,” said Shai Wininger, co-founder and president at Lemonade.
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Chris Brandt
Chris Brandt@CD_Brandt·
Good stuff.
Coach AJ 🎯 Mental Fitness@coachajkings

Billy Donovan shares a lesson that changed how his players thought about winning. At Florida, he had a manager track how long the ball was in each player's hands during a game. He asked one of his starters: "How many minutes do you think you had the ball in your hands for the game?" The player said 15 minutes when he had played 30. The real numbers? "A backcourt player, for the most part, is probably 92% of the game gonna be played without the ball in their hands. A frontcourt player - 95% of their minutes is gonna be played without the ball in their hands." Think about that. You're playing without the ball almost the entire game. "It's amazing to me how many players focus on points, points, points. That's what goes on ESPN. That's what gets the highlights." "But if you're gonna strictly talk about winning and you're really driven and motivated by winning and competing and being a good teammate, you have to look at the fact is -- what am I doing with my 92, 93, 94, 95%?" "Am I screening? Am I running the floor? Am I on the floor for loose basketballs? Am I rebounding? Am I taking a charge?" "There's so many ways to impact the game with the amount of time you're on the floor when the ball's not in your hands." This is what separates good players from winning players. You control how you show up. You control your attitude. You control your effort. Great teammates master what they do when no one's watching - and when the ball isn't in their hands. Winning isn't about the glamour. It's about the 95%. (🎥@Coaching_U ) (🎥@brendansuhr)

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Chris Brandt
Chris Brandt@CD_Brandt·
❤️ Momnibus Act looks like it could move the needle on quality life expectancy in the US (reduce infant mortality and improve maternal health.) Queues / supply-demand mismatch still of issue. Smart immigration reform (and application of tech) seemingly could help. Would be great to have you in Congress to weigh in with gravitas.
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Thomas Fisher
Thomas Fisher@tfishermd·
@CD_Brandt Alabama can encourage their return by striking the law, expanding Medicaid and supporting the Momnibus Act
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UrsoBruto
UrsoBruto@urso_bruto·
Pocahontas, you don’t seem to understand the difference between a bailout and a currency swap. The $40 billion sent to Argentina under Trump wasn’t a bailout, a loan, or a gift. It was a liquidity measure, pure and simple. A currency swap is a temporary exchange between central banks meant to stabilize currency flows and short-term funding. The transaction is reversible; both sides agree to unwind it later at the same exchange rate. The only real exposure is sovereign risk, the possibility that the counterparty might default. Otherwise, no one is giving anyone money. Calling it a bailout only proves how little you understand. It is astonishing that someone who sits on the Senate Committee on Banking, Housing, and Urban Affairs could confuse a liquidity mechanism with a loan. One hopes your staff has a firmer grasp of basic finance than you do.
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Elizabeth Warren
Elizabeth Warren@SenWarren·
I will not support a deal that does nothing to make health care more affordable. We are in a health care emergency. A simple one-year extension of these tax credits would cost less than Donald Trump’s $40 billion bailout for Argentina. A vote for this bill is a mistake.
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Marc Andreessen 🇺🇸
💯 The difference between 4% growth and 2% growth is doubling the economy every 18 years vs every 36 years. For the material welfare and living standards of the citizenry, literally nothing matters more than that.
David Sacks@DavidSacks

GDP growth is currently an outstanding 3.9%, and AI is 40% of that. It’s easy for politicians to posture and grandstand by beating up on tech. But the real question is whether they want 4% growth rates or 2% growth rates.

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