What I read this week...

The Fed, Coupa take-private, and WaPo woes

What I read this week…

• The conquest of the post-pandemic inflation (Noahpinion)

• Why the age of American progress ended (The Atlantic)

• 13 predictions for platforms in 2023 (Platformer)

• Bill to ban TikTok on government devices faces uncertain future in House (WSJ)

• Thoma Bravo wins battle for Coupa in $6.2B deal (Bloomberg)

• FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges (CNBC)

• The man who helped Sam Bankman-Fried raise billions (The Information)

• S&P 500 snaps 2-day winning streak after Fed raises rates and signals more hikes next year (CNBC)

• Post Apocalyptic (Puck News)

• The midterms should be a stake through the heart of the mobilization myth (Slow Boring)

• Goldman Sachs plans thousands of layoffs, expects to eliminate some bonuses (WSJ)

On Twitter…

jack @jack

There's a lot of conversation around the #TwitterFiles. Here's my take, and thoughts on how to fix the issues identified. I'II start with the principles I've come to believe based on everything l've learned and experienced through my past actions as a Twitter co-founder and lead:

Miles Dieffenbach @Curiousjorge65

Most multi-stage VCs we speak to say they are staying away from growth equity (Series C & later) and doubling down on seed. Cooley just released new data on VC valuations. Seed hasn't come down at all, Series D & later down ~80%. How does this impact future early-stage returns?

Anton Larsson @antonyaolarsson

Insane things are happening at Furuvik Zoo. 4 chimpanzees gunned down after a break-out, a 5th shot but only wounded, 3 more on the loose. Drones are used to survey the besieged zoo, after +24 hours the bodies still litter the ground. Zoo says they were "out of tranquilizers".