Chris Foley

@GovTimWalz Nursing home alcohol menus being billed to tax payers

Living in a nursing home shouldn’t mean giving up everyday freedoms. I just signed a bill allowing seniors living in nursing homes to consume alcohol - so that everyone can enjoy happy hour!

@KobeissiLetter @grok can you create this chart with additional line of total social welfare payments and have a welfare per out of workforce calculation

BREAKING: A record 104.3 million Americans are now "outside" of the labor force. These are individuals who are neither employed nor actively looking for work, including retirees, students, stay-at-home parents, and discouraged workers. This exceeds the 2020 pandemic peak by 600,000 when nearly the entire economy was shut down. Since the 2008 Financial Crisis, the number of people not in the labor force has surged +25.7 million and +35.1 million since 2000. As a % of the labor force, this metric stands at 61.2%, the highest level since the 1970s, excluding the pandemic. All while the US population stands at a record 342.5 million, up +61.4 million since January 2000. Cracks in the labor market are spreading.

@KobeissiLetter @grok what is the per capita debt based on the data described in this graph

BREAKING: US household debt surged +$191 billion in Q4 2025, to record $18.8 trillion. Total household debt has increased +$4.6 trillion since January 2020. The surge was driven by mortgage debt, which jumped +$98 billion, to a record $13.2 trillion. Credit card debt rose +$44 billion, to $1.3 trillion, an all-time high. Auto loan balances increased +$12 billion, to $1.7 trillion, also a record. Student loan balances increased +$11 billion, to $1.7 trillion, an all-time high. Americans are taking on record levels of debt.

@Osint613 Steal IP from US -> manufacture in china -> sell to EU

French President Macron: We need more Chinese direct investment in Europe in some key sectors.

@elonmusk @elonmusk grokipedia would be a great place to open source judges decisions

Judges like this should be fired

@rabois @rabois If $OPEN re-entered mortgages, eliminating PMI could unlock a wave of young homeowners. Holding PMI in a money market and returning it at 20% LTV or sale would yield above-inflation returns—while making $OPEN the go-to for first-time buyers.

“The team you build is the company you build.”

@LeylaKuni Now they're going to have trillions from 401ks to invest in these trophies!

Accel-KKR just closed a $1.9B single-asset continuation vehicle (CV) for isolved. They already rolled it into a $1.4B multi-asset CV in 2019 (after initially investing in 2011) That makes this deal a CV² Today's post is all about CVs, and what LPs should think about ⤵️

@BillAckman Did you step back and figure out outcomes to compound towards or was just compounding away from where you were the starting point?

On how to get through a challenging time. It works.

@KTmBoyle Do you feel risk is properly incentivized as one progresses in their career? Especially as you reach senior management

One of my greatest learnings from investing, which is more of a life lesson, is how terrified most people are of risk. This becomes more true in elite business or leadership circles, because conscientiousness is often higher and the stakes seem higher, too. You’d think as people age and take more risks they’d learn that the downside is never as bad as it seems, but the opposite happens with age. You naturally lose your tolerance for risk. It’s the biggest opportunity in life. If you practice keeping your risk tolerance high while others around you let theirs recede, winning gets so, so much easier. I wish I knew this 20 years ago.

@KTmBoyle Any principles or frameworks you've found successful to get over the self doubt hurdle (Should I say this kind of questions)?

The highest compliment someone can pay you is that you’re a straight shooter. Aspire to always be one, even when it’s hard. It can make up for many, many flaws.

@tferriss try beautiful AI, it gives you more control over content while providing great look and feel of ppts

Has anyone used Gamma (AI presentations platform)? If so, from 0-10 (no 7 allowed), how strongly would you recommend and why? Thanks! 🙏

@MrFamilyOffice Be curious to see a lens into realized vs unrealized returns. Infra and RE likely have higher cash flows than PE & US stocks. Also can get into taxes + fees..

Asset class performance source: Blackstone Essentials, Private Markets 2025

@businessbarista @NWischoff

Who are the best preseed angels / VCs? Raising a round for one of my businesses.

@SMB_Attorney Would love to be added!

BREAKING 🚨 We just launched 'Modern Lawyer' — a private weekly newsletter detailing how we’re actually building SMB Law Group. Not theory. Not marketing fluff. Real numbers. Real problems. Real systems. It’s raw and only going to a narrow group while we build in public (quietly). First one drops Saturday. Comment below and I'll send you a link to subscribe. 👇

@jasonlk What have you seen has led to a successful fast rollout? Is it as simple as champions in every domain or is there principles/ frameworks companies have used to scale adoption fast

One thing I'm seeing too much of in B2B and SaaS: folks taking their time in AI. The AI Slow Roll. 🤷‍♀️ VPs of Eng saying they're "still looking at new tools like Windsurf and Cursor" ... but they're not sure yet 🙉 Product leaders saying AI isn't ready yet for prime time "due to hallucinations" 🌊 Revenue leaders saying customers "all want to talk to a human" and "a great sales reps beats an AI" Change fast. Or you will lose. You will lose to the competition that has already figured out, or will soon. - The best in tech are already automating 50% of code with AI. Even Salesforce is at 20%. - Hallucinations are not an acceptable excuse. Train your model better, handle exceptions, and kick issues up to humans. This is already solved in most cases with great training. - AI is going to kill the lazy AE, SDR and CSM. Fast. Many of us already would prefer to talk to an S-tier AI. And in any event, most of your team isn't that great. They take days to reply or set up a meeting. And no, they aren't such great "relationship builders If you aren't seeing the change, the possibilities, and most importantly, the change of pace, well then .. It's You. Change Fast.

@NWischoff @quickapay @NWischoff 79% of stocks are held by ages 55+. The health of the workhorses of the economy is not determined by stocks

@quickapay anyone looking at their 401k below the age of 59 is doing it wrong

Everything is going to work out. Rates get cut. Deficit improves. Key countries bend the knee. More is manufactured in the US. Blue collar is cool again. You just wait.

@shaunmmaguire @shaunmmaguire with 30% of revenues of the S&P 500 being international, fair to say it's not an indication of American health. Additionally, 79% of stocks are held by ages 55+. The health of the workhorses of the economy is not determined by stocks

The price of stocks says almost nothing about the long term health of an economy

@HarryStebbings 80/20 rule applies here nicely: clear and concrete use for 80% of proceeds. My guess would be the inverse in what you are describing

Large pre-emptive rounds at large prices destroy so many would be great companies. They lose focus. Try to do too much, too soon. Then cannot scale into the insanely high price set. That realisation comes. Downrounds happen. People leave. The negative vortex begins.

@NWischoff Another key is the unwavering will to be the best at____. The ____ can be novel or something needing high disruption. However long that will lasts will determine how how long that company remains at the forefront

Sat in on a small group presentation about what all of the best companies (Meta, Airbnb, etc) have in common led by a blue chip firm. Was totally useless. Pattern matching is mostly a useless exercise. The key thing seems pretty obvious. The founder refused to give up and for years.

@SMB_Attorney A useful view into the 50% would be a source of wealth

I’ll argue this — I don’t want someone representing me in Washington who hasn’t achieved a basic level of life success. A million dollar net worth is actually quite low in 2025. The average age of 118th Congress is 58 years for the House; 64 for the Senate. 27.5% of households headed by someone 60 to 69 are millionaires. Asking someone to be in the top 25% of financial success to serve in our highest level of government actually seems quite reasonable. Now if they’re getting rich *because* they’re in Congress, that’s a different story…