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Samuel Gebré
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Samuel Gebré
@Habesh_
ex-Bloomberg Africa reporter now drinking and talking about coffee | (re)tired engineer.
Addis Ababa, Ethiopia Katılım Nisan 2009
3.2K Takip Edilen7.3K Takipçiler
On some random weekend mornings, we go out to explore this beautiful city.
Abiy Ahmed Ali 🇪🇹@AbiyAhmedAli
We inaugurated the Addis Sports Park, a 5.7-hectare project that stands as a testament to our promise of urban renewal and the restoration of our citizens' dignity. By honouring 15 of our Olympic gold medallists with dedicated statues at the heart of this facility, we ensure their legacy inspires the next generation of Ethiopian champions. Whether it is the Olympic-standard swimming pool, the professional football, basketball, and tennis courts, or the 800-meter running track, every part of this world-class hub is built to meet international standards. True development must be centred on the community. This project is about more than elite sports, it provides 105 new commercial shops to empower community members relocated during the development process with a grand plaza for 3,000 people to gather and connect. With two levels of basement parking for 300 vehicles and a seamless connection to our riverside green projects, we are proving that a clean, modern Ethiopia is happening right now. We don’t just envision a better future, we build it! #EthiopiaDelivers #VisitEthiopia
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If Ethiopia hadn't aggressively adopted EVs a few years ago, we would all be in this literal 5 km line for fuel. Must be really tough on businesses.
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@michaeljburry But who is Cassandra?
AI: Michael Burry calls himself "Cassandra" because, like the figure in Greek mythology cursed to utter true prophecies that no one believed.
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10,000+ words, enjoy! $PLTR
Taken together, in the decade before it went public (in late 2020), Palantir, rightfully or wrongfully, and almost entirely not of its own doing, was becoming a household name as an influential secretive company that worked with powerful partners. Few knew how much money it was losing.
A DPO by Any Other Name
Then, in the summer of 2020, Palantir filed a Form S-1 prospectus, and we knew. Palantir had lost $3.96 billion in its history as of June 30, 2020, according to the IPO filing. In 2018 and 2019, the two years directly before the IPO, the company lost a combined $1.2 billion.
The later funding rounds were not cheap. The largest single round, Series K at $899 million, was done at $11.38/share in 2019. The company also supplemented its cash flows between financings and refinancings by juggling revolving lines of credit.
As the company prepared to go public in August 2020, Palantir’s board awarded Karp $1.1 billion worth of stock options. If you have not realized it by now, the company really knows how to throw money around.
open.substack.com/pub/michaeljbu…
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Samuel Gebré retweetledi
The longer you work in tech, the stronger the urge to quit and start farming
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A farmer responded to a text with 👍 emoji, a Canadian court ruled that's good enough for a contract to supply 87 tons of flax to a grain buyer. cc @RussianGrainTra @megandurisin nytimes.com/2023/07/07/wor…
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