2,970 karma · joined August 28, 2010
Web: Punakaikifund.co.nz climatevcfund.com email: Lance@lancewiggs.com
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The thesis is that they should survive and thrive as an investment asset through the AI bust, but performance during the AI bubble is poor. If you are a longer term investor then B2B SaaS valuations appear cheap right now, but you need to be able to weather the storm of missing out on the AI infused bubble.
As evidence the BVP Nasdaq Emerging Cloud Index is at all-time lows for EV/revenue multiples. While some of the companies will see growth rates impacted by AI, that only explains a little bit of the drop in multiples versus the past.
These days our family cycles a lot for commuting. It’s really easy to observe that people in vehicles treat us far better if we look like humans, wearing normal street clothes, rather than wearing high-viz or, far worse, cycling gear.
The bike bell is for polite notice, not alarming. The best alarm system you have is your voice, which is variable volume and tone. For ultimate effect slap the panels of cars, as it is very loud inside the vehicle.
Of course the uses of serious spreadsheets are often in finance and serious documents are in law.
It probably increases Elon's share of the combined entity.
It delivers on a promise to investors that he will make money for them, even as the underlying businesses are lousy.
Integrity is hard, but reputations are lifelong.
Consider buying a bike in Europe instead - generally cheaper and you can get something more appropriate to the terrain.
I recommend people always respond with the lowest possible score (1, not 0) when presented with popups like this.
If you copy the generated url and put it into the entry field (and repeat) then you end up at a bitcoin site. As Bubblerings has pointed out that has malware.
If a platform doesn’t curate then governments or the legal system, or lobbyists targeting payment providers will step in.
There is no capital gains or wealth tax at all in New Zealand, but only for domestic investments. For offshore investments there is a deemed return that you treat as income, so if your wealth is tied up in illiquid stock then it can be dire.
So this is a huge deal. I’ve been down to the Southern Ocean, lectured all the way by scientists.
North of the Antarctic is the only place on earth where the sea can rotate completely around the world without hitting a land mass, and it is deemed the engine of the world’s oceans. Those oceans are what have absorbed most of the excess CO2 that we’ve emitted, and a lot captured has been buried in deep ocean. But the ocean warms, and can capture less CO2, and bad days are ahead.
This news signals not just a slowing in that absorption for an area, which not just sends more CO2 into the atmosphere, but has more terrifyingly unknown downstream implications for other ocean streams.