Jackson

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Jackson

Jackson

@bubjacks

Fintech (and Baseball) @MotivateVC

Chicago, IL Katılım Ağustos 2016
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Jackson
Jackson@bubjacks·
I dug into the Chicago tech scene going back ~50 years. How many successful tech companies were founded here? Who is behind them? How much value have they generated? I struggled to find good data, so I did some research... Chicago Tech’s $100M List: docs.google.com/spreadsheets/d…
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arian ghashghai
arian ghashghai@arian_ghashghai·
since the fundraising environment is nutty even compared to 2021, some unordered, random, practical advice for founders raising (esp first-time): > Momentum is everything (everyone knows this), but it's as easy to kill it as it is to build it (a lot of first-time fundraisers don't think about the downside case when strategizing) > A fund being "interested" does not mean anything (esp in this market) until there is a written offer on the table, and there is a very big delta between "interested" and offer (i.e. re-organizing your round because Fund X is "interested" is likely to blow up in your face) > The vanity game of raising on high SAFE caps does not mean your business is actually more valuable than a peer that's raising on a lower cap (just FYI). SAFE caps are *not* valuations (in a literal sense), and in fact raising at stupidly high caps can wreck your business down the line (in more ways than one) > Turning an investor down because their "cap is too low" and you're gamesmanshiping by telling them you have a big round lined up at a higher cap for next month, note that 1) this is usually not true (even if you think it is, see point on "interest") and 2) this totally destroys your credibility if you don't actually raise the round you purported to raise (investors talk, and it looks bad i.e. there was no actual market interest in your company, and you become ice cold)
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Not Gaetti
Not Gaetti@notgaetti·
Not enough people talk about Alfonso Soriano • 412 HR, 1159 RBI, 289 SB, 2095 H, .500 SLG • In 2002, led league with 209 H, 128 R, 41 SB • Reached 30 HR 7x, 100 RBI 4x, 40 SB 3x • Reached 40 2B 5x, 320 TB 5x, .525 SLG 5x • 7x All-Star, 4x Silver Slugger, 2004 ASG MVP • 105 out of 100 on @baseball_ref HOF monitor • Top-60 all-time in homers (412) and XBH (924) • One of just five players ever to record a 40/40 season (Canseco, Bonds the Younger, A-Rod, Acuña) • One of just three players with at least four 30/30 seasons (trailing only Bonds the Elder & Bonds the Younger)
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Not Gaetti
Not Gaetti@notgaetti·
Not enough people talk about Derrek Lee • .281/.365/.495 (.859 OPS), 122 OPS+ • 1959 H, 432 2B, 331 HR, 1078 RBI • 2003 WS Champion with Florida • 2005 NL batting champ (.335) • Played at least 155 games 7x • 2x All-Star, 3x Gold Glover • Reached 20 HR 9x, 30 HR 4x • Silver Slugger, MVP-3 in 2005 • Drove in 90 runs 5x, 100 runs 2x • 34.6 WAR (22.6 of them with CHC) • Career 28 HR, 90 RBI per 162 games • Unspeakable numbers vs Jeff Suppan • Hit 12 grand slams, 3 walk-off HR, 2 ITP • Received zero HOF votes (of 442 ballots) • Best clean season of the PED era in 2005: • .335 BA, 1.080 OPS, 50 2B, 46 HR, 107 RBI • Led league in H, 2B, BA, SLG, OPS, OPS+, TB • Also led in oWAR and had 23 intentional walks • 1 of 2 players in @Cubs history with at least a .900 OPS and a minimum of 4000 PA with the team (along with Sammy Sosa)
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Zain Rizavi
Zain Rizavi@MrRazzi17·
After months in stealth, my co-founder @helloericsf and I are finally sharing @cimentoai with the world. 🌎 AI changed social engineering. Attacks are now personalized, convincing, and cheap to generate at scale.
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Louisville Bats
Louisville Bats@LouisvilleBats·
Sit back and enjoy the sounds of Nothing Night 🎵
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Jackson
Jackson@bubjacks·
@teddypowday Legend. One of the great hitting pitchers as well.
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Jackson@bubjacks·
@TheStalwart Try a miniamericano. Espresso cup. Double shot. Rest is hot water. Apparently it’s called a Cafe Zorro. I like my espresso diluted a touch, but not as much as a classic americano. Its too much water.
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Joe Weisenthal
Joe Weisenthal@TheStalwart·
Is “caffè americano” (replicating drip coffee by diluting espresso with water) meant to be something of a subtle dig? It is in fact how I prefer to drink coffee, but am I supposed to be feel a tad embarrassed when I order it? (It’s fine, I can handle it, but I’m just curious)
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Jackson
Jackson@bubjacks·
OptaSTATS@OptaSTATS

The @Cubs are the first team in MLB history to have 2 separate 10+ game winning streaks and a 15+ game home winning streak all before the end of May.

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Andrew Reed
Andrew Reed@andrew__reed·
what inning are we in? the game hasn’t even started yet. it’s years earlier. we don’t even know what baseball is. tomorrow is our first day of tee ball. we just wrapped a ball in our new glove with a rubber band and shaving cream.
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Frank Michael Smith
Frank Michael Smith@frankmikesmith·
I made a sports geography game where you're asked to pinpoint locations of 5 questions. I'd appreciate if you gave it a shot geosports.app
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Bartolo Colón
Bartolo Colón@BColon40·
@Mets I might have more in the tank.
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Jomboy Media
Jomboy Media@JomboyMedia·
"HOT DOGS" right into an absolute bomb. Peak baseball
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PsiQuantum
PsiQuantum@PsiQuantum·
Full speed ahead. America’s largest quantum computing project continues to take shape at the Illinois Quantum and Microelectronics Park on Chicago’s South Side, where the shell of PsiQuantum’s first building—spanning over 65,000 square feet—is now complete.
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Jackson
Jackson@bubjacks·
long Baseball
Joshua Kushner@JoshuaKushner

Today we announce Thrive Eternal, a permanent capital holding company that will be concentrated in a small number of assets that we can own and steward over many decades. Across Thrive Capital and Thrive Holdings, we are building and investing through a moment of exponential change; backing emerging technologies, the infrastructure that powers them, and the businesses they can transform. Increasingly, we see a fourth category. These are assets with qualities that cannot be replicated by technology. Iconic franchises and cultural institutions rooted in tradition, identity, and shared experience. In a world shaped by abundant intelligence where creation scales and distribution fragments, we believe they will matter even more. Thrive Eternal is built on the belief that the most enduring of these assets share common characteristics: they benefit from long-term stewardship, they compound through cultural resonance, and they are enhanced by technology rather than displaced by it. Our work at Thrive has always been informed and inspired by a deep appreciation for product, brand, and the ways in which consumers form lasting relationships with the things they love. We have been building towards this for a long time. Our first partnership is expected to be with the San Francisco Giants - an institution built on more than a century of shared identity and community, and among the most iconic sports franchises in America. We have reached an agreement, subject to league approval, to acquire an ownership stake. We feel privileged by the opportunity to be long-term partners to the Giants.

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arian ghashghai
arian ghashghai@arian_ghashghai·
idk this essay relays a very articulate picture of the current zeitgeist in VC but also establishes a few opinions as fact that imo are empirically incorrect: The general premise here again is the now-common VC trope that only 10 companies matter, and everything else is chopped liver. I find this nonsensical because: 1) implies that only a company with certain input permutations (e.g. founder credentials) can grow to "matter", which enforces an elitism (e.g. "legible to institutional capital from day one") that only founders of a certain geography or milieu can matter (as we know, even this is wrong in the current climate). imo this is inherently the antithesis to the original "pirate" spirit that has historically driven VC returns (and why this industry even exists). also there is no empirical evidence that there are permutations of founder credentials that reliably predict outcomes 2) by extension of 1), that means everything priced cheaply (e.g. $5M post) is "lower quality" (and will not produce outcomes due to structural conditions). however, OP also says a way for small funds to navigate the narrow path is to invest in "opportunities in sectors or categories that are not yet legible to large institutional firms" and "to take bets where others won’t" (which is 100% correct btw). These verticals are exactly where those supposed poor $5M post deals are found btw (so the entire point on low price = low quality contradicts itself). 3) the assumption here is also that only companies hot on the private market will have liquidity opportunities (as IPO and M&A is "dead"). VC-backed tech co's not IPOing is primarily a product of cheap private capital, and frankly, brittle businesses that might have exploding revenues (which VCs value) but suck w.r.t free cash flow (which the public market values). incidentally, i would make the counter bet that this "narrow path" will actually produce *more* companies that are viable for the public market (by necessity, due to lack of access to cheap capital), but these might not be companies carrying the SF VC halo (OP uses OpenAI as the gold standard example, which is objectively a bad business in the truest sense of selling services or goods at a profit) fwiw I don't think Lucas is wrong per se. imo he's talking about a new category that's emerging as a product of AUM bloat in VC, which is still operating under the "VC" umbrella, but is not really VC anymore (and we should find a new name for it)
Lucas Vaz@lucasbagnocvaz

x.com/i/article/2044…

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Jackson
Jackson@bubjacks·
Had to do a double take. Clint Hurdle has entered the Twitter essay game. Player story requests: - CarGo - Ubaldo - early Gerrit Cole - 2015 wildcard game v cubs - 2012-15 staff… so many great names on there: Cole, Liriano, Burnett, Morton, Happ, Blanton, Soria, Melancon
Clint Hurdle@ClintHurdle13

I called my dad to tell him I was about to get fired. I told him the GM was on his way to my house and that I'd call him after. Forty minutes later I had to call him back and it wasn't the call either of us expected... Here's the story: The GM had been trying to reach me for days. I thought it was about our offense because I was in charge of the offense and we weren't hitting so I figured I was next in line to go. He called and said he needed to meet that morning. I told him I had a dentist appointment. He said he'd come to my house after. That's when I knew: • Nobody drives to your house for a good conversation • A GM coming to your home means one thing So I started mentally preparing for the news I called my dad down in Merritt Island...I said, "Dad, the GM's coming over to fire me. I'll call you after." He shows up. Talks about the offense. Our lack of consistent play. I'm sitting there thinking...here it comes. Then he says: "I let Buddy Bell go this morning. I'm here to ask you to be the interim manager." Didn't see it coming. I had no clue. I called my dad back forty minutes later. "Dad, not only am I not getting fired but I'm managing a ball game tonight. You and mom need to get on a flight out of Orlando and get here." Here's what it taught me: You can't always see what's coming. But you can control how ready you are when it does. The opportunity didn't come because I was waiting for it. It came because I was ready for it. Be ready. Your call is coming.

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