Google was planning a $1 billion spend on a data center in Indianapolis. There was enough push back and so I think to avoid what would have been an awkward press cycle, Google just pulled it. In this same week, it happened two other times.In Wisconsin, there was a proposal very similar to Google's, but this time from Microsoft, and in the 11th hour, Microsoft pulled it. And then in the third example, there was an attempt by an Amazon data center to get built near Tucson that I think also was mothball. I do ...

Geopolitical & Economic Perspective - China is viewed as a re-ascending power, historically holding the world's largest GDP for 70% of the years between 1500 and now [1] - China's capital allocation system is described as both rigid and flexible, with central control dictating priorities [2] Governance & Planning - Xi Jinping and his inner circle are directly involved in drafting China's 5-year business plan [3] - The 5-year plan is cascaded from the central group to the Politburo, then to provinces and prefectures for implementation [3][4] Strategic Investment & Innovation - In 2006 and 2007, prioritizing EVs led to a cascading system of venture capitalists operating against a national priority, incentivized for success [4] - This system of incentivized venture capital against national priorities has resulted in the creation of companies like BYD and Xiaomi [5]

With one of the best track records in private equity, >> Bravo manages 179 billion in assets, >> Bravo has grown at a blistering pace. Last year, the firm returned over $13 billion to investors. In 2019, Orlando became the first Puerto Rico born billionaire. Private equity firms, the good ones, definitely beat the public markets. We are in the business of turning great innovators into great businesses. >> Ladies and gentlemen, please welcome Toma Bravo's Orlando Bravo. [Music] [Applause] [Music] See you. Th ...

Health Optimization - Lowering resting heart rate before sleep is highlighted as the single best action for health improvement [1][6] - Aim for a 10% reduction in resting heart rate over a month, for example, from 60 bpm to 54 bpm [1] Sleep Quality Enhancement - Eating the final meal 4 hours before bedtime aids digestion and lowers heart rate, improving sleep quality [1][2][3] - Turning off screens an hour before bed allows the body to wind down, preventing a roused state that elevates heart rate [3][4] - Avoiding caffeine intake after noon is crucial due to its 6-hour half-life, which can disrupt sleep if consumed later in the day [4] Environmental Factors - Using amber and red lights instead of blue lights in the house can help promote relaxation [4] Relaxation Techniques - Incorporating a wind-down routine such as reading, walking, breath work, or meditation can calm the body and mind [5] Mental Well-being - High-quality sleep, achieved through optimized resting heart rate, is beneficial for mood and can alleviate anxiety or depression [6]

True or false. You, Brian Johnson, the man sitting across from me, one day, at some point, as of yet undefined in the future, you will die. False.Sold Venmo for $800 million. Has spent a fortune on a quest to stay young forever. Don't die is the general theme of what we're trying to do.It's humanity's only objective. None of us live forever except Brian Johnson. Ladies and gentlemen, please welcome Brian Johnson.Hi guys. Okay, everybody stand up. Okay, what you're going to do is you're going to choose your ...

Innovation and Growth - The company believes five innovation platforms (robotics, energy storage, artificial intelligence, blockchain technology, and multiomic sequencing) will drive real GDP growth from 3% to 7% or higher [6][8] - Convergence among these technologies, like robotics, energy storage, and AI in autonomous mobility, will lead to explosive growth [9][33][34] - The company views the convergence of sequencing technologies and AI in healthcare as a profound and inefficiently priced opportunity [11] Investment Strategy and Market Analysis - The company emphasizes researching by technology rather than sector or industry due to technology's permeation across all sectors [5][12] - From 2019 to 2024, the "MAG 6" (largest cash-rich stocks) tripled in valuation, while truly disruptive innovation only increased by 30%, indicating a shift towards innovation is expected [13][14] - The company anticipates a compound annual rate of return of roughly 40-45% for truly disruptive innovation over the next five years [17] - The company concentrates portfolios towards highest conviction names based on a scoring system including management, execution, moat, product, service, leadership, valuation, and thesis risk [30][31] Bitcoin and Portfolio Allocation - The company's official bull case for Bitcoin is $1.5 million per coin [18] - Modern portfolio theory suggests an optimal Bitcoin weight of 19% in a diversified portfolio could potentially drive Bitcoin to $3.8 million [19] Tesla and Elon Musk - The company's model forecasts Tesla at $8.5 trillion in 10 years, with a price target of $2,600, significantly higher than the current price of around $330 [32][33] - The company views Elon Musk's compensation package as highly motivating and aligned with achieving milestones [35]

Why is gold up. Gold is up because there are many more net new buyers. Who is the most important net new buyer.It's Tether. Tether has been issuing a stable coin called Tether Gold where they'll actually custody the gold on your behalf and volumes of it are rising. At the same time, central banks are rebalancing.And then yet at the same time, you have a lot of macro funds that have essentially decided that central banks aren't to be trusted and they don't know what to do. And so they're not necessarily long ...

(0:00) Introducing Roelof Botha (1:08) Sequoia’s Scout program and its best-performing funds ever (3:38) State of Venture Capital: Why it’s broken, too much capital, not enough great companies (9:01) Why Sequoia separated from its China business, how they adapt to changing macro landscapes (13:05) Sequoia’s culture, picking partners, investment decision-making, The Sequoia Capital Fund and holding winners (20:18) What makes a great founder, what Roelof learned from Doug Leone and Michael Moritz (26:06) Inve ...

Deal Overview - EA is being taken private in a $55 billion deal, the largest take-private deal in history, with investors including Saudi PIF, Silverlake, and Jared Kushner's Affinity Partners [1] - The deal is priced at $210 per share, representing a 25% premium on the stock [1] - The equity portion of the deal is approximately $36 billion, with $20 billion in debt financing [23] Strategic Rationale & Gaming Industry Dynamics - Video games are considered a core pillar of internet usage, potentially larger than social networking [4][5] - The PIF views gaming as the future of entertainment and is aggressively investing in the sector [17][20] - AI is expected to significantly enhance video game engagement, surpassing social media and traditional media [13][14] - Distribution gatekeepers like Xbox are attempting to increase prices, creating an opportunity for IP owners to find alternative distribution methods [6][7] - Saudi's Savvy Games has invested significantly in gaming platforms, including Scopely for $49 billion in 2023 and Niantic for $35 billion, along with stakes in Nintendo, Take 2, and Activision Blizzard [19] Potential Risks - There's a bear case that the value of IP and copyrights may diminish as tool chains allow for a massive increase in game development, potentially distributed through social media [9] Market Analysis - Video game usage is prevalent, with approximately 60% of US adults engaging weekly, compared to 75% for social media and 83% for streaming/traditional media [22]

Regulatory Landscape - States are actively pursuing AI regulation, despite uncertainty about the specific goals [1] - Multiple state-level reporting regimes pose a challenge for startups [2] - A single federal standard is advocated to prevent biased AI and overly burdensome regulations [2][3] Political Outlook - A 20% chance is estimated for the US to enact an AI safety bill in 2025 [3] - A single national standard for AI is supported by President Trump [3][4] - The administration is expected to support a single federal standard, with more Republicans potentially joining as they recognize the implications of state-level actions [4] Competitive Considerations - Concerns exist that differing state regulations could hinder the US in the AI race against China [2][4] - State-level actions are perceived as potentially detrimental to conservatives and an unbiased information environment [4]