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Boop.Fun leading the way with a new launchpad on Solana.
Cathie Wood
Cathie Wood kirjasi uudelleen
It's "Crypto Week"—are you following our digital assets team? Stay informed on the latest research, analysis, and updates as events unfold.
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I can’t say I understand all of the details here, but the Ethereum Foundation does seem to be proposing the right moves for scalability and privacy to maintain its lead in the institutional world.
12.7. klo 01.53
Yesterday, the Ethereum Foundation (EF) published a blog announcing intent to go all-in on integrating zero-knowledge (zk) into the Ethereum L1:
This could be a major upgrade, with massive implications for scalability and privacy. 🧵:
987,26K
Cathie Wood kirjasi uudelleen
I find it fascinating how people don't understand why Elon can retain top talent at a fraction of the cost.
The calculus is very simple: it's the Elon dividend.
It works like this for top talent:
1. Work for Elon at $1-10M/year.
2. You will have for sure the coolest job amongst everyone you know and get forever to tell stories about how you worked with Elon, the most successful entrepreneur of our time and richest man alive.
3. Once you decide to leave after a few years you'll get a huge Elon-bonus from your future employer, aka Elon dividend.
4. You'll be so much more interesting to any future employer if you worked with Elon and they will reward you hansomly for it.
5. Elon will make you rich too anyways. So there is little to lose for you.
6. So, passing up Zuck's or others much bigger comp packages is the smarter move and is why Elon can retain the best and the brightest. It makes sense.
The people who can't understand this concept reveal they are too money focused. Top talent isn't purely motivated by money but by their desire to work with the best and brightest and on exciting things and not on making another social media up more addictive.
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Harnessing breakthroughs in AI, robotics, and energy storage, @elonmusk is the most productive human being on earth and in space in history. Facts are facts.
28.2.2024
Hardware is hard.
That’s why Elon is by far the greatest founder of all time.
Remember — countless startups die just while trying to put stationary beige boxes on desktops. Very smart people get crushed by supply chain disruptions, or China tariffs, or lockdowns, or shipping interruptions, or regulatory delays.
Not Elon. He didn’t just survive financial crisis and coronavirus. He managed to build physical things in America while fighting the state and the laws of nature at the same time.
Somehow he managed to simultaneously build not just a car company but a rocket company. Those don’t just have “moving parts”, they are a moving whole.
The difficulty level here is insane. Hardware is completely different from software. One recall, just one serious bug, can destroy your company. If you are charging $50 for something that costs $40, and you need to recall and replace a million units, you’re usually dead.
So just one of these companies — just Tesla, or just SpaceX — would be an incredible accomplishment for anyone. Even a very intelligent and hardworking person would have to live an incredibly boring, disciplined, focused life to possibly maintain the extremely low error rate needed to profitably ship such complex products.
Not Elon. He did SpaceX and Tesla while having N children by K women. While also cofounding OpenAI and Neuralink and Boring Company. While fighting and defeating countless journalists, politicians, haters, and short sellers. And of course while buying Twitter, posting all the time, and building a following larger than almost any politician.
The better you are, the better you understand how much better Elon is. If you’re good at math you appreciate Ramanujan’s greatness. If you’re good at basketball you respect how amazing Michael Jordan was. Elon is like that, for tech. Everyone in tech understands the sport we’re playing, and he really is the greatest of all time.
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Cathie Wood kirjasi uudelleen
After two incredible years, I’ve decided to step down as CEO of 𝕏.
When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for entrusting me with the responsibility of protecting free speech, turning the company around, and transforming X into the Everything App.
I’m incredibly proud of the X team - the historic business turn around we have accomplished together has been nothing short of remarkable.
We started with the critical early work necessary to prioritize the safety of our users—especially children, and to restore advertiser confidence. This team has worked relentlessly from groundbreaking innovations like Community Notes, and, soon, X Money to bringing the most iconic voices and content to the platform. Now, the best is yet to come as X enters a new chapter with @xai .
X is truly a digital town square for all voices and the world’s most powerful culture signal. We couldn’t have achieved that without the support of our users, business partners, and the most innovative team in the world.
I’ll be cheering you all on as you continue to change the world.
As always, I’ll see you on 𝕏
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