Rana Kashyap

@jspujji AI

All CRMs suck. They turn you into a data entry slave. + Leave a meeting: enter data. + Get an email: enter data. + Text on Slack: enter data. My friend is building an AI-based CRM that does it for you. RT & comment “AI” and I’ll DM you early access.

$GRPN Investor presentation link here. Very interesting thing hidden in the appendix - Dusan selfevaluating himself. So far giving himself 3/5 only. He is a humble guy. s22.q4cdn.com/731250486/file…

Current B2 wave not being reflected in cases, may not cause big hospitalization spike. Why? More testing is at home and many cases are in those who’ve escaped prior waves because they were likely to be vaxxed, test, seek early care - so less likely to develop severe disease now

@umangdua www1.nyc.gov/site/doh/covid…

@ranakash Yeah saw those headlines but couldn’t find it by day in NY for instance

Why are we not clearly publicizing the number of people vaccinated daily the same way we were for number of daily tests? I can’t even find this number easily

Pfizer’s Covid Vaccine Prevents 90% of Infections in Large Study. With effectiveness for the first vaccines previously expected to be in the range of 60% to 70%, “more than 90% is extraordinary,” BioNTech Chief Executive Officer Ugur Sahin said.

New study suggests saliva can be as effective as nasopharyngeal swabs for detection of #coronavirus; allowing self-collection that can reduce direct provider-patient interactions, lowering the risk to healthcare system and demand on testing supply chain. medrxiv.org/content/10.110…

Our plan for reopening America. This is a national epidemic. When cases peak, and we've seen sustained declines in new infections for 14 days, we can gradually re-open businesses and institutions. We must have key capacities in place, like ample screening. aei.org/research-produ…

@umangdua Which group do you fall in ?

Like everything these days, there’s no middle ground on Coronavirus with people One group - obsessively monitoring spread, masks/rations ordered, no travel, ready for total lockdown Other group - could not be bothered, 0 impact on life, would go on a cruise No middle ground.

For me and for everyone I know who has been following #covid19, the last few days have felt like a profound shift in the epidemic. We are clearly entering a new phase. And since I've had some time to digest recent news, here is a short thread about that „window of opportunity“

Increasingly seems like we are entering a new reality in Unicorn land. If you have raised more than $250mm & are NOT public, the presumption is you are losing WAY too much money, and you probably have shitty unit economics. And probably need to do a lay-off (like Oyo & others).

"Research is formalized curiosity. It is poking and prying with a purpose" Zora Neale Hurston

Market internals are suggesting economic growth in 2020 will be better than expected; cyclicals (banks, industrials) breaking out, while defensives (utilities, secular growth) breaking down.

Contrarians Note: Barron’s poll of money managers out this weekend found only 27% bullish, the lowest in more than 20 years.

Say what you will about Trump, he’s making history.

Schwab CFO: “We are seeing new firms trying to enter our market -- using zero or low equity commissions as a lever”. Is this capital as a weapon? Or savvy marketing play as profit pools shift from commission to order flow and AUM fees? @bgurley

@bgurley @acv Main thought when reading @bgurley 10x revenue 2011 article: there was a time not too long ago when 7.5x was considered “staggering” for a 35% growing SaaS company. Next time we see 7.5x, people will be scream that the sky is falling

As usual, I agree w/ @acv. The question isn't, "are these tech companies?" The right question is, are they capable of driving strong future cash flows. The private markets get fast & loose with the crude "10X revenue" multiple. Here is why that is wrong: abovethecrowd.com/2011/05/24/all…

Monthly Google searches for the term "recession" jumped 226% between January and August and continue to climb, approaching volume levels last seen during the 2008-09 financial crisis.

2018 peak-to-trough drawdowns: S&P 500 -13% Russell 2000 -21% EAFE -21% Emerging Mkts -25% Private Equity 0%* Venture Capital +30%* *per PE & VC fund manager valuations