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@_shivsid

UT Austin 𓄀 | product eng @abodemoney | @zfellows_ | prev. @coinbase

◎ Austin Katılım Ağustos 2020
1.4K Takip Edilen543 Takipçiler
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shiv@_shivsid·
most podcast material is just over-intellectualizing basic shit at this point
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shiv@_shivsid·
@felpix_ next is gonna be FDE, Iran
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shiv@_shivsid·
@DrewAustin unfortunately sxsw is mostly slop now
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Drew Austin
Drew Austin@DrewAustin·
it’s been a few years since I’ve been to sxsw, this is probably my 9th or 10th since my first one 15 years ago. Every year there is one thing that dominates the attention. Twitter, Highlight, Foursquare, GroupMe, Google Glass, Meerkat, Secret, Electric Scooters… This year was the easiest ever to discern, it’s an @openclaw world, and we’re all just swimming in it. The main remaining question, does the lobster go the way of the Meerkat?!
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shiv@_shivsid·
@InvestLikeBest idt this get's fixed by just moving somewhere else. the internet has no borders and u can raise stupid rounds on zoom too. this is a cultural issue with the ecosystem at-large
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Invest Like the Best
Invest Like the Best@InvestLikeBest·
Patrick Collison tells people in their 20s to not move to San Francisco. William largely agrees with him. He thinks SF has a consensus problem and has removed the risk from becoming a founder: "I'm a product of Silicon Valley. I started Plaid back in 2012. I've been there since I was 21, and it's very easy to stay in Silicon Valley. But you can start to get isolated and get very consensus focused. San Francisco is probably the most consensus place I've ever been to. That is both a huge crutch for us, but it's also probably the most valuable asset. As a founder, if you're building in something that SF believes is very consensus, but the world does not believe yet, that's actually a great operating environment. That's why Silicon Valley and SF are so dynamic and we're so in front of the curve. But we also have completely lost touch with how the rest of the world operates. Even how the everyday American operates. So I think it's very important to go to places that don't have that same bias. If you think about emerging markets specifically – the founders who build there, they're the everyday people, they live in this constrained society. They're constrained in a way that San Francisco and New York isn't. And that breeds a different type of creativity, it breeds a different type of innovation that you really can't get anywhere else. If you go to talk to people in London or Vienna or San Francisco, people are living in a world of abundance. And that causes a very specific creation cycle. SF and Silicon Valley are probably more akin to Wall Street in the 1990s than they are like a research lab in Cambridge in like the 1950s. Maybe that was Silicon Valley in the 90s, but it's not anymore. You talk to a 23-year-old and assuming you're like moderately competent and went to the right high school and college, you're going to get a $3 million seed round. And worst case scenario, you can go work at like a great company as an engineer and you'll have "founder" on your resume. There is no risk in that proposition. If you go back to pre-2008, you're on the edge of the knife, and I think that creates just so much intensity in creativity and fear that is such a critical part of the founder journey. Starting companies is just too f**king safe, and it's caused a lot of companies to be super safe companies -- like we're going to pivot to AI and wrap OpenAI/Anthropic. That's not bold, that's not ambitious. And it's because we are attracting founders that actually want to be employees. They don't think and say "if I don't pull this off, I'm going to become bankrupt. My life is over." I think that's pretty healthy. That's when you bring out the rawness of humanity. And I don't see that very much anymore."
Invest Like the Best tweet media
Patrick OShaughnessy@patrick_oshag

.@williamhockey is one of the least visible founders in tech relative to what he has created. He co-founded Plaid and is now building Column, a software company that owns a bank, and powers Ramp, Wise, Bilt, Mercury, and others. He funded it himself by borrowing against nearly everything he had in Plaid shares, and has never raised any outside capital. His story matters because so much of the value in our industry gets created through exactly this kind of extreme personal risk. He is maniacal about being the best in the world at his thing, and has spent his entire career betting on himself and doing whatever it takes to win. He also spends a lot of time outside the US (in places like Kinshasa) which has given him a rare perch on the power of the US dollar. We discuss: - Why emerging markets are often the most financially innovative - What owning 100% of his company allows him to do that VC-backed founders cannot - Getting margin called and nearly going bankrupt - Why the best founders are specialists - What it takes to be the best in the world at your thing - How Silicon Valley's consensus culture produces consensus founders - How the US dollar functions as an instrument of national security Enjoy! Timestamps: 0:00 Intro 9:19 Emerging Markets 14:03 Silicon Valley's Elite Consensus Problem 16:03 Rejecting the VC Hamster Wheel 21:45 Equity and Liquidity 26:03 Funding a Bank 29:45 The Necessity of Extreme Founder Risk 37:18 Finding Leverage 45:20 Longevity and Profitability in Banking 48:46 Matching Your Capital Structure to Your Business 51:44 The Unseen Power of the US Dollar 1:02:30 How AI Will Transform Legacy Banks 1:09:23 The Kindest Thing

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@zachpogrob·
The soft green glow behind the kill streak font The exaggeration of +150 The blur of the ironsights The perfect ratio hitmarker The god-tier 'crunch' of the hitmarker The chime on anothre kill The tiny red glow inside the tactical nuke emblem This game God was in the room at Infinity Ward
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Russ Finney
Russ Finney@rfinney·
Savitha was one of our superstar students at the UT Austin McCombs school of business - she was set to graduate this May, and then she was on to start her career at a big professional services firm. She was a double major with honors. Involved in student organizations - a light in the classroom. Absolutely crushing to lose her. That location on 6th Street is pretty far west of Congress (toward Lamar), and considered safe by our students. Really no words to express the wave of sadness rolling over @UTexasMcCombs and @UTAustin. Other students are still in the hospital in very serious conditions - this is a very tough week for our community, the families, and #ATX in general. Thanks for releasing this information.
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Austin Police Department
Austin Police Department@Austin_Police·
Update Regarding West Sixth Street Shooting: The deceased victims have been identified as 19-year-old Ryder Harrington and 21-year-old Savitha Shan. If anyone has video, audio, or any other digital evidence, please submit it via the QR code or this link: AustinTXPD.evidence.com/axon/community… Anyone needing APD Victim Services or trying to locate their property can call (512) 974-5037.
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Sigil Wen
Sigil Wen@0xSigil·
I built the first AI that earns its existence, self-improves, and replicates without a human wrote about the technology that finally gives AI write access to the world, The Automaton, and the new web for exponential sovereign AIs WEB 4.0: The birth of superintelligent life
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shiv
shiv@_shivsid·
@shaig if only we had high-speed rail
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Jason Zhao
Jason Zhao@jasonzhao·
We built a "Wikipedia for Careers." - Get personalized job recs & compare career paths over decades - Find 100s of job postings and training programs in your local area - Compare AI resilience scores to understand career trajectories 100% free and open source.
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Alex Mathew
Alex Mathew@alxmthew·
Day 12 in SF. Had an investor update meeting, then did my Harvard interview (from phone booth in the Afore office, naturally). Met with @_shivsid to talk about startups then hopped to call to dicuss a stealth project we're cooking up with my school! For lunch, got to sit with @AforeVC alum: @vedantvyas , @GaddipatiHarsha, @esthxrtho, and @nain_abdi. It was great getting advice from founders who were in our exact spot just a couple months ago. Thank you for coming! The highlight was meeting @yanatweets. She was incredibly generous with her time and gave me advice I'll be thinking about for a while. Excited to keep learning from you Yana! Also been doing a ton of ambassador interviews, published my next essay, and I'm going to SXSW! Go read my essay here: alxmthew.com/writings/the-c… It's the best one yet.
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shiv
shiv@_shivsid·
Fury is underrated as GOAT contender war movie
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shiv
shiv@_shivsid·
y do folks 40+ always text with so many ellipses
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shiv@_shivsid·
“not interested in this post” should be next to the like button / quick access. would make it much easier to reach a self-steered feed with one less click more naturally positioned.
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shiv
shiv@_shivsid·
bring back sunken sofas
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Mads
Mads@MadsPosting·
call it. on god.
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