dielan | Lindo.sats

Two crucial promises to golden visa investors just confirmed broken tonight: 5-year path to citizenship ❌ Naturalization timeline counting from visa application date rather than approval date ❌

El salario mínimo podría subir de 2.899.048 a 3.623.750 PYG 🇵🇾 O sea de 465 a 582 USD para los chuchis 🇺🇸 Hasta ahora ajustaban por IPC y ahora plantean meter productividad, canasta básica y consumo Diferencia por mes: 669.000 PYG (+25%) La negociación arranca en mayo. Para julio hay respuesta

Dave is right - USVC yet another grift in the world of retail-accessible VC. I went through the 56-page prospectus and its even worse than the tweet suggests: 1. Fee stack: 3.61% gross annual expense ratio, capped net at 2.50%. Underlying SPVs/VC funds charge another 1–2.5% mgmt + 20–30% carry on top. You're paying 3+ layers of fees before any return hits your account. 2. The prospectus states twice, verbatim: "The Investment Adviser has no previous experience managing a closed-end, registered investment company." The adviser was formed Dec 2023 and rebranded from "Strawberry Tree Management" to "AngelList Asset Management" last November. 3. Portfolio manager Ankur Nagpal is compensated on AUM growth, not performance. Straight from the prospectus: his Carry acquisition earnout "includes contingent payments tied to USVC's growth in assets under management." Textbook non-traded REIT incentive structure. 4. AngelList gets paid three times on the same dollar: • 1% advisory fee to AngelList Asset Management • Up to 5% of profits to Platform Advisor LLC (AngelList affiliate) • Fund admin fees to Belltower Fund Group (AngelList affiliate) 5. NAV is sponsor-marked - the adviser is its own "valuation designee." Prospectus disclaimer: "Fair value prices are necessarily subjective in nature…no assurance that such a price will be at or close to the price at which the security is next quoted or next trades." 6. "5% quarterly redemptions" is marketing. Reality: Board can cancel any offer, can offer less than 5%, can repurchase at a discount to NAV, and oversubscribed offers prorate. Straight from the doc: "Shareholders should not rely on being able to tender the full amount—or any—of their Shares." 7. Naval frames it as "VC for everyone." The prospectus describes a non-traded CEF with sponsor-marked NAV, AUM-linked manager comp, three layers of affiliate fees, and gated discretionary liquidity. Retail doesn't need access to private markets this badly.

When I meet most Europeans these days I wanna shake them and shout WAKE UPPPPPPP They're all captivated by the mind virus My Dutch friend said he's doing great because he has no kids so he's not a "big burden on society" eco wise My French friend said she avoids flying at all cost to save the environment WAKE UP!!!!!

I’ve spent 12 years traveling to every corner of Brazil. Fortaleza. Florianópolis. Manaus. Cuiabá. Foz do Iguaçu. Belo Horizonte. Rio. São Paulo. Recife. João Pessoa. Salvador. Curitiba. Natal. Small mining towns in the interior of Rio Grande do Norte and Paraíba where I was the only foreigner for miles. Small towns throughout Minas Gerais. Every region of this country from the Amazon to the Southern coast. I have never been robbed. Never been the victim of a violent crime. Never had a single serious incident. I move with precaution. I don’t move with fear. There’s a difference. You know what I have encountered in 12 years? Friendly people. In every state. In every city. In every small town. People who invited me into their homes. Shared meals with me. Helped me when I was lost. Taught me their culture. Treated me like family before they knew my name. I feel safer walking through most neighborhoods in Brazil than I do in most American cities. This comment is the real problem. Too many Brazilians get off on instilling fear in outsiders. They perform danger like it’s a personality trait. They gatekeep their own country with horror stories and then wonder why foreign capital, foreign talent, and foreign attention go somewhere else. Every time a Brazilian tells a gringo “don’t come here, it’s too dangerous,” they’re not protecting anyone. They’re devaluing their own country. Argentina didn’t steal Brazil’s investors… Brazil’s own people scared them away. The most undervalued country on earth isn’t undervalued because of crime statistics. It’s undervalued because the people who live there won’t stop telling the world it’s not worth visiting. I’ve been everywhere from the Amazon to the Pampas. I built my life here. I’m raising my business here. I chose this country with my feet, my money, and my future. Brazil is not for amateurs? I agree. It’s for people who actually see what’s here instead of repeating what they heard from someone who’s never left their own neighborhood.

Holy shit, this is some truly expert level analysis Made me mega bullish on Brazil 🇧🇷 “Brazil is the only large democracy in the world that is simultaneously a food superpower, a water superpower, an energy superpower, a mineral superpower, and a carbon superpower, with export routes that do not depend on any contested strait or chokepoint”

Only real gamblers would understand

Portugal with the right policies would be the next Poland. The ingredients are all there: - Perfect weather - Safe streets - English widely spoken - 0% tax on crypto held over 365 days - One of Europe's strongest expat communities already in place - IFICI regime, with 0% foreign income tax and 20% local - Close timezone as the US East Coast - Lower cost of living than almost anywhere comparable in Western Europe - Within 35 minutes from Lisbon: a dozen beach towns, each better than the last Yet despite some things genuinely improving, Portugal remains structurally dysfunctional, in a way that forces its best young people to emigrate, because building a career here is factually impossible.