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@GCAJoeA @CrailGolf Congrats @GCAJoeA !

Pleasant surprise this morning to have an email from @CrailGolf saying my waitlist number had come up and offered membership to the club. Incredible honor to be part of the 7th oldest club in the world and an Old Tom design. Fife roots are taking shape nicely. See you in June.

@GCAJoeA Great post @GCAJoeA. Sent you a DM!

It’s been several months since I’ve returned from my trip to Scotland. I gave myself time to digest it all and let the “newness” wear off. Was it what I expected? Was it what I had hoped it would be? Could it live up to the hype? Are the courses really that good? Well, the minute I stepped off the plane, jumped in the car, and drove straight to the Highlands, I knew Scotland was different. It was beautiful. It was serene. Just natural land and then small coastal towns. Life seems to be at a much slower pace. The friendliness of the people is warming. Genuinely cordial and welcoming. I felt like I ventured back in time with the oldness of the buildings and structures. The everyday stress of work and life seemed to vanish. I knew it was different from the start. The courses I played were historic and memorable. Classic links. In some ways I wish I was playing with hickories. Playing the ball on the ground, using the humps and bumps of the land. Being imaginative, battling the wind. It was golf in its truest form. Every club had its history. Most, more than a century old. You just feel the lore and nostalgia of it all. Then, the minute I arrived into St Andrews it was immediately a different feeling. Walking around, my eyes couldn’t believe it. It really is the home of golf. The town breathes, eats, and sleeps it. Golf is everywhere. The shops, the pubs, the hotels, you are reminded non stop. I could walk that town for hours upon hours day after day. Truly special. I’m often asked why I joined a club over there? I joined Nairn sight unseen. Having watched videos, listening to podcasts - all talk about the history of it. The championship links, the archive room, the membership. Everyone said over and over it is the most welcoming club. Once I stepped foot there and experienced it, I knew I was home. One of the best decisions ever made. As I’m getting older, empty nesters, and ability to travel more, along with my job and business giving me the ability to work from anywhere - Scotland is going to be a second home. Applications are in at a few other clubs. We will have home bases throughout the country to spend several days at each and immerse ourselves in the towns. I’m a true golf and history nerd. I read book after book on architecture and club histories. I watch videos on YouTube non stop about it all. I’ve researched my family origins which traces to Ireland, Scotland, and England. Hopefully will be able to connect more dots in years ahead. Scotland is all I think about. Literally every day. It captivated me and dug its claws into me. All of this is how I know it’s the place. I think we all as humans have something or somewhere that connects us or brings us happiness. The connections I’ve already made there with so many folks are special. All wanting to share their country and history and clubs/courses. It is really incredible. So yes, to all who’ve asked what I thought, why I thought or did, etc., yes it truly is that special of a country. One that I cannot wait to get back to. If you haven’t gone yet and are thinking about it, do it. You will not regret it.

@Top100Rick Returning to the Old and Castle in May. Also playing Muirfield and North Berick that week too. Incredible four days of golf!

What golf course are you most excited to return to in 2026? For me, North Berwick is the one. A magical place. One of the most influential golf courses in history, but more importantly, one of the most fun. Enjoy 2 minutes of golf bliss:

What is the best golf photo you've taken in 2025? It's 38 with 20-30 mph winds this morning so I am daydreaming about my summer journeys. Here is mine:

@KVanValkenburg @fried_egg_golf Congrats!

Hello friends. Bit of a Sunday night news dump here, but I have some (ahem) personal news: I'm joining @fried_egg_golf starting tomorrow as the company's Director of Content. I'm absolutely elated.

@WilySnowPena @Top100Rick Nice photo coming up 18!

The Castle Course at St. Andrews - 2008 David McLay Kidd $240 USD Proof that a golf course can change. Once known as a masochistic course that punished all who play it, today the Castle is a playable, fun, and absolutely spectacular course. Let’s start with the land. It is truly breathtaking, with incredible views of the sea as well as the town of St. Andrews. It’s easy to play it and not realize that most of the land movement is man made. They shifted an insane amount of dirt to create this man made setting. While the golf course was initially known as difficult and unfair, today it’s been toned down over the years and presents a fair challenge. The fairways are wide enough and the greens are large enough to make hitting targets doable. Some of the greens are a bit wacky, but there are wackier at the Old Course! These are the most contoured greens I’ve played in Scotland. The fairways are incredibly bumpy and you will find some balls bounce into or out of the fairway based on which side of a mound it hits. It can be challenging, feel unfair, but also reward at times with good bounces. Overall I highly recommend the Castle course. It’s fun, beautiful, and certainly not a Doak zero! (Even Doak would say that now!) Super fun place!

@Top100Rick Played Old, New, Jubilee and Eden over 4 days a few weeks ago; truly remarkable place. One has to let the entire atmosphere sink in to really appreciate it; it’s not a hop on/off the tour bus spot. I’m going back again next year to do the same.

If you love golf, there is simply no better place on our planet.

@JohnMorton215 @jbee1984 Played Eden, jubilee, old and new last week. All are so much fun and worth the experience!

@jbee1984 The New Course is so underappreciated. It’s such a fun layout!

Have you ever stood on this tee box? #TheOldCourse #StAndrews #TheHomeofGolf

@JohnMorton215 Exactly one week ago 😎

@fintechjunkie Congrats Frank on the incredible achievements and sharing your insights all these years

A New Chapter Dear Friends in the Venture Capital and Startup Communities, By now, some of you may have seen the news, though I'd hardly call it newsworthy: After 17 incredible years, I've decided to step away from my role at QED Investors, the firm I co-Founded and have poured my heart into. Effective January 1, 2026, I will transition to a Partner Emeritus role at QED. That role will allow me to collaborate with, and support, my colleagues at QED while giving me the freedom to spread my wings and return to my roots. This isn't goodbye – far from it. It's simply the chance for me to explore interesting opportunities and spend time on what has always energized me: The exhilarating 0-1 phase of building new things. I’ve learned to become a decent Investor over the years, but where I think I truly shine is in the realm of navigating the idea maze and creating things that didn’t exist before. Building is in my blood and the Founders who've worked with me know this to be true. Let me be clear: I love QED. Nigel and I have worked together for more than 30 years between Capital One and QED, and it has been amazing. We've accomplished so much together, and I will forever be proud and grateful. I love our Team and our Founders. I'm simply switching seats at the table. I'll be exploring opportunities that the Universe kindly places in my path and see this as a chance to collaborate with the many remarkable people I've grown to know and respect in the VC world. I'm looking forward to partnering with hungry, eager Founders who, for some strange reason, will be willing to work with a startup junkie like me. As a few of you know, the first business that I plan on getting out of the ground is in the music industry. It’s easy to call me crazy for all the obvious reasons, but it’s worth reserving judgment until you learn more about the business that’s evolved in my head and sat on the shelf for years. It will be fun to build and could actually make a huge difference to an industry that none of us could imagine living without. And one more thing: I'll likely write a book centered around my observations and frameworks for the startup and VC worlds. This shouldn't surprise anyone who knows me – writing is my oxygen. I can’t imagine a life without it even though ChatGPT and Claude are better writers than I am. So please, reach out. You know how to find me. And in the immortal words of Lewis Carroll: "The adventure first, explanations take such a dreadful time." With gratitude and excitement for what's next, The VC formerly known as the fintechjunkie

@jjacobs22 Can someone offer me an alternative to “elephant hunting” in terms bus dev? Don’t want to use that one anymore either!

I’m trying to make a conscious effort to stop using fossil fuel idioms in everyday discussion. It is hard! Step on the gas. Fill up your tank. High octane.

@MLiebreich @AdrianHiel @energycities Very useful, thank you!

OK #energytwitter - here's an updated version of One Hydrogen Chart To Rule Them All (concept HT @AdrianHiel and @energycities), incorporating your great tips and feedback. Feel free to download and use (credited, obvs). And keep the feedback coming! drive.google.com/file/d/1JTNAm8…

@BarkowConsult @rki_de @SDullien @AndrewWattEU @OlafGersemann I’m glad someone else is refreshing this page as often as I am 😛

.@rki_de is late again today Is there by any chance another press conference?! @SDullien @AndrewWattEU @OlafGersemann

@Adam_S_James Thanks for sharing! I noticed Tesla was recently removed from the Index. Would be great to learn why and how your team is constructing the basket. Thanks!

The new EIP Weekly Reads is up! adamsjames.substack.com/p/eip-weekly-r…

@robindchnt As someone who frequently drops the “haha” in jest with friends, this takes it to a new level

I understand everybody wants deal flow but I think you can do better than this 🤯

@albertwenger @usv Thanks so much for writing this, it’s very insightful. Quick question—could you further clarify the “...only a measly 4% is caused by human activity” stat? What all falls in/out of that 4% bucket? I’d love to better educate myself here. Looking forward to the future posts! 🙏

Post on the @usv blog about basic greenhouse gas math

@daveg And the battery also affects the residual value of the EV, which as a topic, is going to be super important for all things financial related (lending, asset holding values, insurance, etc)

Wonder if anyone is doing after market battery financing for EVs? Renault used to separate car purchase from battery rental which then simulated the CapEx/OpEx split of ICE cars and lowered perceived cost of EVs.

@tek_fin For the c. 3-5 that are publicly acknowledged as shareholders or, for the others who have the company in their anti portfolios (or now getting attacked by execs for not acquiring a stake?)

The Coinbase IPO is going to be the proving point of many Bank Corporate VCs.

@howardlindzon Help anyone fix their slice?

Max and I were told we had Highest vaccine through put in a 8 hour shift. Also I made a lot of retired people laugh. Good day.

@yanroux @fdestin Does this have anything to do with Draper’s 5% stake in DEF in Jan 2019? tech.eu/brief/draper-e…