Omer Kucukdere

Excited to announce the acquisition of @nestpick by @theblueground ! "Blueground Buys On-Demand Housing Platform Nestpick " skift.com/2023/05/30/blu… via @Skift

Money is the fastest effing thing in the world and it's not even close.

One of the greatest articles that I've read for a while by @Alfred_Lin , strongly recommended for those building in tech. A tectonic change started between the probability of success in judgement vs. the funding $$$ and/or existing market dominance.

Pretty much matches my experience as a startup founder that's actively hiring/interviewing.

:)

Tiktok / Mr Beast / YT shorts / Reels era of politics. Fast cut jumpy videos with punchlines every 10 secs. I'm officially old.

You could DIY many things for many years, yet people still spend a lot of $$$ for the products/services that are high quality crafts or much more convenient to buy vs DIY.

Narrative violation. HNY NYC!

French-American here — spent 20 yrs in France, 13 in the US. Let me speak to this. I think the only reason Europoors tolerate their miserable existence is because they tell themselves lies about what the rest of the world is like. They eat gruel in their AC-less social housing while the most awesome party in history is being thrown just next door. If you hang out in France, you'll routinely hear them say things like: "in the US, people die in front of hospitals" (they literally believe this to be the case) or "our social system is the envy of the world." Their image of the US is completely delusional, and they are often shocked to discover that when they visit here. Their Marxist media brainwashed them into thinking America is some Dickensian horror, with Monopoly-style fat capitalists running around with their top hats and monocles, exploiting dirt poor workers. The reality is that: * Social security is (unfortunately) the largest gov expense in the US * Hospitals are by law forbidden to refuse care to people * Americans are so much richer than French people it's not even funny. The *poorest* of our 50 states (Missisipi) has a GDP per capita of $53k, 36%(!) higher than France's $39k. Now, how do Americans perceive the French (and Europeans at large)? Well, the tragic reality is that they really, truly don't think of them. They may cross their minds once a month, at most. Why would they think of that irrelevant backwater of a continent? The few times they do come to mind, it is, at best, as a quaint vacation spot. A nice place to sip espresso and spend their American dollars — which go such a long way in these third world countries! The closest comparison is how Europeans think of Thailand or Cambodia. That's at best. At worst, they think they're a lazy, entitled, smug, snobbish, rude people with a bright future behind them, who confuse regulation for progress, don't realize their economies were left in the dust a very long time ago, simply stopped innovating because they've lost the will, ability, or both, and who would rather brag about their 60%(!!) public spending to GDP ratio than fix their communist shit hole of a system. Nice wine though.

@OfficialLoganK Is this also used in NotebookLM? I added a bunch of internal docs and other sources to NotebookLM(58 sources in total) and been pushing its limits with Q's, reports, overviews, Q&A and so far the performance has been remarkable.

Introducing the File Search Tool in the Gemini API, our hosted RAG solution with free storage and free query time embeddings 💾 We are super excited about this new approach and think it will dramatically simplify the path to context aware AI systems, more details in 🧵

Have any of the candidates for NYC mayor talked about how many days off (for holidays) the public schools have, and whether perhaps there are too many?

@ArmandDoma Do you think there is any change in left wing's sentiment towards it since Obama endorsed the book?

when the Abundance book came out there was a full court press from the left to smear it, and there’s an endless stream of articles and blog posts from lefties lying about abundance day in and day out. multiple major left wing outlets straight up refused to even talk to Ezra

Everyone hiring “Head of Growth” Nobody hiring “Head of Fixing the Broken-Ass Product That Makes Growth Impossible”

Are you old enough to remember when GTA looked like this?

Happy 4th of July America!

What were the legal fees and other transaction costs Figma had in the $20B Adobe deal ... that didn't close? $119 million

@VaclavGraf Wait till they introduce rent control to completely break it :)

@omercan47 😂 And I thought that the ban on Airbnb in NYC would change the gentrification of the city.

Ban hispster trust fund kids from suburb driven states with rich republican parents, moving to Bushwick/Williamsburg cosplaying as neo-socialists. Solve your daddy issues with another hobby or just stick to jungle house music.

Art is not what you see; but what you make others see. Here’s how to build a deck for LPs: 1) 3+ slides of founder testimonials 2) Compare your gross, last round value returns to net return benchmarks. Bonus points for using Preqin or Burgiss 3) Don’t share your fund size—obvi you have no cap 4) List your mgmt fee as 2.0%* 5) List out your broad network of non-economically incentivized venture partners and advisors (20+) 6) Market map but ignore your most obvious competitors 7) Case studies — who needs them. Still, list deals you’ve done with logos and idea bubbles with the step-up between valuations (only nerds factor in dilution) Now, remember, LPs love Benchmark. For the more sophisticated, say you’re the next First Round. Tell them you want to stay small and that small funds outperform. Hammer home your value add, trash platforms (but you’re friends with all of them), and add a dash of potential coinvest. You should be gucci. *represents avg 10yr fee despite 2.5% fees during the 5yr investment period

2025 is 33% complete.