Few people know about Apple's acquisition of Palo Alto Semi in 2008, arguably the highest ROI acquisition in tech history. The $278M price for ~150 engineers laid the foundation for all the Apple Silicon chips you see today that have generated over $500B+ in value to Apple. 1/5

VC PERSPECTIVE on H1B: Startups typically raise $2-5M seed rounds. Imagine telling investors: "We need $500K just for H-1B fees for our 5-person engineering team." VCs will ask: "Why not just build the company in Toronto?" Brain drain via cap table economics.

🚨: Physicists discover a quantum effect where choices made in the present seem to alter events in the past.

A group of Western VCs goes to China, not to invest but to see what the competition is like. They realize that China is too far ahead on clean tech and decide the only way forward is to work with Chinese companies. One VC describing a visit to Chinese battery giant CATL:

good chart by Goldman Sachs on AI exposure by industry

China has officially closed all exports for lithium ion materials, equipment, and high energy density batteries with >300 Wh/kg. If you buy drone batteries (2170 or pouch) reach out. Your supply chain may have just evaporated.

This fall, Walmart’s story will be taught at Harvard Business School as a case study of success. In 2015, Walmart raised pay for nearly half of its 1 million hourly workers - not out of benevolence, but necessity. Turnover was high, morale was low, and customers noticed.

Good Morning from Germany, which has trailed the US in economic growth since the digitalization wave of the 1990s. And since the 2020s, that growth gap has only widened further.

GOLD: Der Goldpreis könnte auch deshalb so stark gestiegen sein, weil Zentralbanken immer weniger Devisenreserven bei der US-Notenbank verwahren und Gold eine Alternative sein könnte. Das jedenfalls liegt der Chart unten nahe.

This might be the most disturbing AI paper of 2025 ☠️ Scientists just proved that large language models can literally rot their own brains the same way humans get brain rot from scrolling junk content online. They fed models months of viral Twitter data short, high-engagement

Route 53

If the market clearing price for an accurate M&A or IPO model is $150/hr, why do we pay 3-6% of the deal value?

Darum geht es: Das Rentenniveau sinkt, die Frage ist wie stark zeit.de/wirtschaft/202…