entrepreneur, investor, contrarian

Miami, FL
Formula for startup success: Find large highly fragmented industry w low NPS; vertically integrate a solution to simplify value product.
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The Twitter woke employees are in for a rude awakening. Elon once threatened to fire all the interns for waiting in a long line for coffee at SpaceX and installed cameras to ensure it wouldn’t happen again.
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Warned you about this.
chinese bytedance employees repeatedly accessed private data from american tiktok users, according to leaked audio from internal meetings. not good.
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For 40 years I believed success required unique insights (secrets), now I am persuaded that it mostly just requires ignoring the stupid advice people dispense.
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I will never purchase any product/brand that advertises on CNN again.
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Best predictor of success: Innate ability to allocate time properly.
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My investment criteria.
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Due to the wealth tax, 42k millionaires left France between 2000-2012 alone.
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Read this.
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History will not be kind to Merkel.
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Celebrating our new AI Czar’s appointment last night.
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Any governor who keeps liquor stores open and closes the state parks is lying when they claim to focus on health of their citizens.
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At least the Democrats will run a primary next cycle.
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1. Congress needs to immediately end all federal aid to Columbia. 2. Congress should immediately impeach the head of the DOJ’s civil rights division for failure to enforce Title VII. 3. Employers should immediately refuse to hire any Columbia graduates until the President is fired, the Admissions Deal is replaced and several other changes implemented. 4. If the Governor of NY doesn’t quell the intimidation with the National Guard, the President needs to send in federal troops to ensure every student can safely attend class.
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Replying to @APompliano
waiting for Elizabeth Warren to criticize him again.
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if Bill Gates allocated all goveemt resources, every aspect of society would be better off than if Elizabeth Warren could choose. (see Inside Bill’s Brain for the proof)
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:)
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The Jimmy Carter era is back. Inflation, Middle East crisis and gasoline shortages.
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It is already apparent that the censorship & political bias at Twitter was 10x worse than we feared.
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Warned you for months: Landslide. And best GOP popular vote in two decades.
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Opendoor returns to FounderMode. And we just hired the absolute best executive who has a founder brain as CEO: @nejatian.
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Please name a single tech company that has raised prices for consumers in the last 40 years.
In America, any business should have a fair shot at succeeding. Today @ChuckGrassley and I are introducing a bill to stop tech companies from squashing competition and raising prices for consumers.
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Neither Kara Swisher nor Scott Galloway could pass 9th grade American history. Article II vests *all* Executive Power in the President. WTF is wrong w these people.
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Replying to @eriktorenberg
reality.
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Miami was retirement, they claimed. Instead, I led 17 new investments & founded a new startup as CEO.
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“The team you build is the company you build.”
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Is YouTube now censoring all videos advocating lockdowns since the WHO is now opposing them?
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So thankful that the $OpenAArmy recognized the potential of $Open before any of the “experts.”
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This may be the best tweet ever.
Interesting. Just two questions, if I may. How much of Twitter does the Kingdom own, directly & indirectly? What are the Kingdom’s views on journalistic freedom of speech?
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Just agreed to our first investment of 2022. And it is Web3, metaverse and Miami (seriously).
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I am tired of political hacks who have never created value for anyone.
I’m tired of the word “billionaire”. And even more tired of them. And tired of the increasingly accepted notion that they have some special skills or insights simply because they know how to legitimately/illegitimately accumulate money. They ain’t all that.
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Professional goals for 2021z
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She is a blatant liar. And ABC is complicit.
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Basic principle: America needs more SpaceX, more Tesla and more X (and to emulate them). Voting Kamala retards them.
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Nobody relevant to the future is in Davos.
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Kicking off 2021 properly: Starting a new company to be headquarter in Miami. Ready to launch by Q2.
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Over the last dozen years, there have been approximately 250-300 Thiel Fellows. Easily produced more value than all of NYU, Columbia, Penn, Brown Cornell grads combined.
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A high growth startup vs a large company...
Nothing to see here. Just three Japanese internationals vs. 100 school children lining up in a 30-30-30-10 formation.
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Perhaps the stupidest comments ever uttered by a politician?
REP. ALEXANDRIA OCASIO-CORTEZ: Elon Musk is probably one of the most unintelligible billionaires I've ever met, or seen, or witnessed. You can probably glean this from watching these people on TV. They don't do their homework. This dude is not smart. The danger in the lack of intelligence that Elon has - this guy is one of the most morally vacant, but also, just, least-knowledgeable about these systems that we really know of. What that means is that they will hit a button and things can go sideways.
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This needs to be illegal.
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If the true primary reason some VC won’t fund you is they are terrified of Facebook, Google or Amazon, please email me for $$$.
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Looking to fund IRL startups.
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I guess I should buy Barrys.
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Both the President of Harvard and Stanford need to be fired today. No excuses.
“Stanford is quickly becoming one of the most hostile campuses in the country to Jews and Israelis.” Over 1600 @Stanford community members call on President Saller and Provost Martinez to take a stand against antisemitism (1/2):
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Interview questions for executive, PMs or other leadership candidates.
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Replying to @clairlemon
he is outperforming any other human on earth and you write this?????
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Here is what moving to Miami does to a company’s revenue.
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Replying to @NateSilver538
you are a buffoon. Minimum Trump win in FL is 8 points and more likely 10-14.
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For some perspective.
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The two indispensable books of 2018:
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The number one lesson of venture has always been if you find an outstanding founder confronting a massive opportunity don’t ask any other questions, wire money. cc: @zebulgar
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Tweets that I have been most ridiculed for: (1) Covid escaped from the Wuhan lab; (2) Miami would be a great place for technology & startup people; (3) the US was suffering from serious inflation.
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Always suspected this.
Companies that regularly attend Davos underperform the S&P 500 by a lot
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Extremely excited to read this new arrival.
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Replying to @NateSilver538
$100k
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Most important lesson of this weekend: Don’t write a book but instead start a subscription only newsletter. 20x more money plus recurring revenue.
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Interestingly, the media never reports that the most successful female CEO in the world (largest market cap) supports Trump for President.
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And the book of the year is actually really here.
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Biggest change in the venture landscape now: There are no VC funds with pricing discipline. All of us have caved.
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Poor time allocation is mostly a reflection of weak ability to rank priorities.
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How can CNN profess to be a media organization and suppress more than half of an interview the Democratic candidate for President of the United States????????????
🚨🚨BREAKING🚨🚨 Sources say the CNN interview of Harris and Walz was originally 41 minutes long. The Harris Campaign objected to over HALF of the interview being shown. Release the transcripts!!!
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Britney was placed in a conservatorship for less.
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I have met more new interesting people in Miami in 3 weeks than all of 2020 in the Bay Area.
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Such a great clip.
Just keep building icebergs. Those who never did and never could never will.
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Now we just need to re-locate Twitter HQ to Miami….
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This is *exactly* what I voted for.
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Today’s (re) reading.
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Not a bad prediction for July 5 of 2016.
Serious observation: If Trump is elected, the odds of an impeachment are well over 75%.
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“America’s unique advantage in AI… is Donald Trump.” —Jensen
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If you are Jewish, it is absolutely indefensible to vote for Biden.
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Hitting June 2000 vibes now.
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Excited to read this.
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This is what anyone in tech who supported a cease-fire is defending.
After raping them, Palestinian terrorists cut the breasts off women while they were still alive and convulsing in pain. nitter.app/SAzrayev/status/173178…
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Robert Gates in 2014 on Biden: “He has been wrong on every foreign and national security policy for nearly four decades.”
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To emphasize the importance of sleep, every signed term sheet in 2024 will include a free @eightsleep mattress for the founder.
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Seven years ago when I started recommended everyone read Stratechery, perhaps I shouldn’t have included *everyone.*
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Waiting for the Elizabeth Warren proposal to regulate music.
Today the top 5% of performers take home 85% of concert revenue. The top 1% take 60% econ.trib.al/hoAed5z
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This is what DEI at Harvard created.
The pro-murder, pro-kidnapping mob is targeting and harassing Jewish students at @Harvard.
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Welcoming F1 to Miami.
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Why is a foreign “government” killing at least 22 Americans not an Act of War against the US too?
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Exactly right. The key to my career.
You don't hire talented people to tell them what to do. You hire talented people to tell you what to do.
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If you are CEO of a venture-backed startup, where would you move your company to outside of CA?
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Keith@foundersfund.com is live.
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This is exactly what I voted for.
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It has been easier to recruit people to join our new startup in MIAMI than to persuade people to join PayPal, LinkedIn, Square or Opendoor.
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Ok, now I can finally start to Tweet.
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Counter-intuitive: If Biden actually announced a full pardon for Trump this morning, he would increase his odds of re-election.
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If you want to see why he is perfect for the role….
After 6 years at Shopify, I’m joining @Opendoor as CEO. Here is why: It is incredibly important that we use all of our energy and every modern tool at our disposal to build products that make home ownership easier. We must make the process of buying and selling a home less frictionful so more people do it. Home ownership isn’t just about a house. It’s about families and communities. The West has been built on the idea that ordinary people can stake a claim in their society, put down roots, and build a future. Renters move. Owners stay. That matters. Studies show homeowners vote more, volunteer more, and are more likely to invest in their communities. It’s not sentiment—it’s data. Homeowners report higher life satisfaction and health outcomes. They have higher trust in our institutions and stronger families. Ownership builds generational stability. Societies with broad-based property ownership are stronger. Alexis de Tocqueville saw it in America 200 years ago. Nothing has changed. Communities full of home owners are better communities. When people own, they maintain. Crime rates fall when ownership rises. Why? Because people guard what’s theirs. They police and take care of their neighborhoods, not out of fear, but pride. Ownership ties individuals to the fate of the community. Home ownership is about putting down roots. And these roots tie us together and make our world better. That is why the work to be done at Opendoor is so incredibly important. And that is why I believe we can build not just a successful company, but a generational company—one that empowers the promise of the West to be unlocked in the ways it was always intended. Today, Opendoor is the largest digital platform for residential real estate transactions, making it possible to buy, sell, and move at the tap of a button. We are 1% done along this journey! My experience at Shopify showed me what happens when you build a platform that unleashes innovation at scale. Shopify gave millions of entrepreneurs the tools to change their lives, their families, and their communities. That platform mindset is what I hope to bring to Opendoor—to build a platform for homeownership, one that unlocks opportunity for millions of families and strengthens the fabric of society. And that is why I am so incredibly proud that I get to support this team in our mission to use every tool at our disposal to make selling, buying, and owning a home easier. AI gives us the chance to accelerate this work in ways never before thought possible. From simplifying the process of buying and selling, to unlocking personalized pathways to ownership, AI can help millions of families access homes more efficiently, more affordably, and more transparently than ever before. This is a once-in-a-lifetime opportunity to redefine what’s possible in real estate.
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Without X, we would almost surely be confronting another Holocaust now. So thank you @elonmusk.
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Time to regulate pizza, obviously.
Two revolutionary companies went public in the summer of 2004. These are their returns since... Google: +4,780% Domino's Pizza: +7,080% $GOOGL $DPZ Data via @ycharts
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If Anthropic actually believed their rhetoric about safety, they can always shut down the company. And lobby then.
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Replying to @davidfrum
You mean someone was confused that this wasn’t his full-time job?
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Probably nothing.
Change in the number of tech workers moving into major US cities qz.com/2098280/miamis-tech-s…
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The most important insights about sleep: podcastnotes.org/2018/04/29/…
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Trump Derangement Syndrome has morphed into Tariff Derangement Syndrome.
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Replying to @wolfejosh
i was also invited. Decline.
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Narrative violation? Top 100 companies by market cap in 2007: Europe 40, US 35 and China 10. Today: US 55, Europe 20, China 10.
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