Francis Santoraš¹
Angel | We will solve the world's biggest problems using technology. | https://t.co/q5i2mhcjrO
Recent Posts
Figure is valued at $39.5B. Founder Brett Adcock plans to make a robot for every human being. Compare this to a typical startup. Maybe they make meeting notes or scheduling a bit smoother. That just doesnāt change things the way Figure could. So it simply cannot grow as large.
Next @AcquiredFM should be another obscure centicorn from Wisconsin that runs a critical industry https://t.co/o8poTwUzCr
Many amazing companies like target and Merck are boasting dividend yields comparable to long-term treasuries. Then they also have Appreciation possibilities.
Just found out I used to work for a Sequoia company š. They scooped up a few shares in Epic from one of the handful of original angels.
Sure he was carrying $1200 in cash and hanging out with MS 13 members, but who doesnāt do that? https://t.co/wGwz16CDEu
Media has spent more time on Hegseth signal chats than they did on four years of a demented president
$1.57 for a lighter. Thatās the only thing I bought from China last week. With a trade war going on, I started to wonder: how much do I actually buy from China? So I decided to track all my purchases for a week and find out. A Week Inside the Santora Household I made no effort not to buy from China or to buy American in general. I only looked at the āmade inā after I bought each item. Turns out, I donāt buy much from the Middle Kingdom. That barbecue lighter was my only purchase. Even if tariffs went to 500%, it would make very little difference to me. In fact, I was surprised how little I buy from abroad. I spent about a dollar each on some chips from Canada and a bar of German chocolate with almonds (yum). But the grand prize went to India ā $50 for vitamins. Every other cent I spent was on an American product or service. What I Actually Spent Money On When you consider where my money goes, this makes a lot of sense. Almost all my spending goes to two things: housing and food (both groceries and eating out). Housing doesnāt come from abroad (although some construction materials may). Very little food comes from abroad either, and almost none of it from China. China mostly sells us manufactured products. And because I already have the goods I need, I seldom buy any new ones. Moving Away from China For many years, China was our biggest trading partner. But now, theyāve been supplanted by Mexico. Canada is close behind China, and has actually passed China at certain points in recent years. My spending is a lot like most Americans. The biggest expense for Americans is housing, followed by transportation, food and insurance. Almost none of that money goes to China. For the odd manufactured item like a lighter, we can go elsewhere. Itās a pretty simple object ā Iām sure Mexico can make them. Electronics are a little harder. But already, India and Vietnam are muscling in on Chinaās business. Wrap-Up This trade war could be a lot less important to Americans than the media says. Most of us donāt actually buy much from abroad in the context of our total budgets. Our purchases from China are an even smaller fraction of our spending. In a $30 trillion economy, Chinese imports count for just 1.5%. In time, weāll probably make a deal with China. But until then, the average American isnāt likely to suffer much financially. Most of what we need, we make ourselves. How much have you bought from China recently?
If you liked this post, subscribe here... https://t.co/rK6EifLzos
Acquired says Epic is run from a farm in rural Wisconsin. This is only sort of true. They took over a dairy farm and made a corporate campus there because it was a big piece of land that they could find. But itās just outside Madison Wisconsin and the area is really more suburban than rural. I know because I used to work on that very campus. Nonetheless, Iām looking forward to hearing the episode.
Wisdom from Tom Hulme at GV. If it's good enough for him, it's good enough for me. https://t.co/16euDBo2LU
Always diligence potential investors, especially a lead. Go to his portfolio on the firmās website or on Crunchbase. Pick a few companies and contact the founders yourself. You don't want any wackjobs on your cap table. And they're definitely out there.
I took a Lyft back home from my friends last night. The driver asked me how much I paid $19 I told him. He said he got $11. He was mad about it, but the ride took only 10 minutes. To me that seems like a pretty great wage
Similar Influencers
Nisha Mahara
AsiaConnect Magazine
WhoRaised
Tracxn
The Thaiger
Alienity Technologies
MEET Ventures
Jeremy Au åŗę±č¾
Pankaj S.
Cole-Frieman & Mallon LLP
Alcorn Immigration Law
HackerNoon | Learn Any Technology
Scott Orn @ Kruze Consulting
U.S. Ambassador to Estonia
Bihar Fraternity (बिहार ą¤«ą„ą¤°ą„ą¤ą¤°ą„ą¤Øą¤æą¤ą„)
TYCOONSTORY MEDIA
Startmate
Goa Startup Mission
PennPromise Ventures
Anmol Gogia
TTlabs
Terralogic
tychon
Avy-Loren Cohen šØš¦
Inflection Point Ventures
BKR Capital
Anshuman Sinha
BrandBucket
Kath Dawson