Secretary Yellen gave a speech on crypto today & it was . . . really good! She showed a nuanced understanding of the benefits & risks of responsible innovation, affirmed a tech-neutral approach to regulation, & clearly isn't trying to rush hasty new rules (like some others are).

Epic Games CEO: "The field of zero-knowledge proofs –the idea that you can verify that something happened without receiving any private details about it – I think that’s going to be the backbone of a large part of the next century in technology." 🦄fastcompany.com/90741893/epic-…

Although not in my Real Vision piece out today - my views can be best summed up by this very important chart. The rate of change of yields is a forward indicator for growth, which Ive used for many years. This is the biggest tightening of financial conditions ever.

"The average Government Customer now pays $10m a year — that’s up from $3.2m in 2018.  A vivid example of the power of combining 120%+ NRR and driving up deal sizes." 5 Interesting Learnings from Palantir at $2B in ARR saastr.com/5-interesting-…

Translation: Once it's September, we'll see how bad the economy has been beaten up and then decide if we should stop beating it over the head.

1/ On Bear Markets You are down bad? Working at McDonald's? Your ATH net worth is only visible with a telescope? Your gf is wondering where all the money went? Now what?

We have the fattest kids in recorded history. Here's why. 🧵

So one of the knocks on Palantir for years was that it wasn't really a software company Fast forward to 2022, and it's at $2B ARR, with 80% gross margins, growing 31% That's a software business. A very good one. 5 Interesting Learnings: ⬇️⬇️⬇️⬇️⬇️

This morning a16z crypto published our first annual State of Crypto report. 📊 It shows how far crypto has come — and how early we still are — in building the next generation of the internet. Here's a 🧵 of some highlights. a16zcrypto.com/state-of-crypt…

Never before in history has the Fed been this slow to react to economic realities. Now we're all going to pay for their policy mistake.

People saying "right?" is endemic on podcasts.

The Ropsten network just merged! One of the last testnets until we merge on the #Ethereum mainnet🐼 ropsten.beaconcha.in

FinTwit is mentally exhausting these days, even after my holiday… the issue is one of probabilistic outcomes 1/

We are hiring. Join our growing team. indeed.com/q-Accounting-l…

On average, time spent - with family peaks at <15yo - with friends peaks at 18 - with coworkers peaks at 30 - with children peaks at 40 - with your partner peaks at 70 - alone peaks at the end fascinating chart (ht alex r)

The answer doesn’t have to be in your head; you can look outside yourself. If you’re truly looking at things objectively, you must recognize that the probability of you always having the best answer is small, so it is invaluable to know what you don’t know. #principleoftheday

"#1. Too defensive re: their poorer performers. A great manager is highly aware and transparent re: who on their team is the best, mid-pack, and not performing." 8 Signs a New VP Won’t Work Out. And 3 Things Not to Worry So Much About. saastr.com/as-a-manager-o…

5. Many new investors want to speak to the manager after finding out that stocks can actually go down 😵‍💫 h/t Willie Delwiche, CMT, CFA $NDX $QQQ

Why are we here? Permissionless II opener from Erik Voorhees that got an entire crypto conference on their feet