I will … but will be when next on mac
TIL about 🔗 Adenza - Nasdaq just bought them at an 18 times expected 2023 revenue - for a total of $10.5 BILLION .. which gave Thoma Bravo a profit of close to 100% in less than two years. Not only that but Nasdaq doubled its debt load to do the deal. The 18 times revenue is interesting in that it is triple the usual revenue to acquisition ratio.
Nasdaq closed down 10%. As far I can see, the Nasdaq people who did the deal kept their jobs.
I’ll come back with more detailed thoughts at some point … but planting this flag now. I have no idea if Galloway is right or wrong. Nobody does. What I do know is that he, along with many other commentators, is missing the point.
Watching
😂
2023 | 06 | 13
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Me? Happy with myself!
I cannot find the source for this image that I just found on my hard drive and Google image didn’t help. That said, it is so spot on I had to share anyway.
In case you are interested in how much money you can make from your Substack …
🔗 Revealed: top 27 highest-earning Substacks generate over $22m a year
… ‘can’ mind you.
You would have thought that with all the skills that the owner clearly has in adding information to the back of their car, that they might have added a ‘plate’. Particularly since they are clearly in support of law and order. Last time I checked you do need a license plate identifying your car.
🎛️🎙️ UC Berkeley’s Hany Farid: “With AI, we’re making the same mistakes that we did with social media”
A good listen … if these 30 seconds don’t inspire you to listen to the rest … well … then don’t.
The Full Podcast: 🎙️ Danny In The Valley
🔗 Want to Get Stuff Done? Build Yourself a ‘Friction Tunnel’
We need more friction in our computing experiences, so that when we do make decisions, they’re more explicit and less mindless
It was over 2 hours long. The ‘down bit’ that everyone keeps talking about is a minute. Because that is what people do.
🔗 Woman who took abortion pills after UK legal time limit jailed for 28 months.
I am so used to reading these kinds of headlines here in the U.S.A. that I had missed that this was in the U.K.
A16Z merge their financial and consumer investment teams and the next day we learn that
it will open its first international office in London, and that it is planning the next Crypto Startup School accelerator program to take place in the UK in Spring 2024.
Because apparently,
The UK has deep pools of talent, world-leading academic institutions, and a strong entrepreneurial culture.
And they
look forward to helping foster the growth of the UK web3 ecosystem while the proper regulations come online.
I mean why wait for the proper regulations to come through online .. right? It’s not as if Web3 and Crypto is risky, or populated with hucksters wanting to make a few bucks with their shady tactics.
I wonder If Rishi reads this?
I think many of us can learn from this lesson.
🔗 Berlusconi dead. … apparently it comes to us all.