What I read this week...

Creators, Twitter, and the energy transition

What I read this week…

• Why the past 10 years of American life have been uniquely stupid (The Atlantic)

• YouTube and TikTok creators are tearing up Netflix’s streaming rulebook (The Information)

• Andreessen Horowitz went all in on crypto at the worst possible time (WSJ)

• Twitter is losing its most active users, internal documents show (Reuters)

• Welcome to hell, Elon (The Verge)

• OpenAI leads Descript financing at $500M+ valuation (The Information)

• Big banks and U.N. green finance group clash in alliance (WSJ)

• The climate economy is about to explode (The Atlantic)

• What people get wrong about the Inflation Reduction Act (SEIA)

• Inside the secret prisoner swap that splintered the U.S. and China (WSJ)

• The end of the system of the world (Noahpinion)

• San Francisco reconsiders business ban that targets states’ social values (WSJ)

On Twitter…

Edward Russell @ByERussell

Thanks to the Inflation Reduction Act, betting on clean energy is "one of the most certain economic trends of the next few years," writes @robinsonmeyer.

theatlantic.comThe Climate Economy Is About to ExplodeA new report suggests that the Inflation Reduction Act could be even bigger than Congress thinks.

Joseph Carlson @joecarlsonshow

$GOOG Google hired 13,000 people in the past 3 months. +36,000 employees YoY. ...Why? Seriously, headcount increases like 10,000+ every quarter with no explanation of what they're actually doing.

Nate Silver @NateSilver538

Some qualifications on this, and more in some races than others, but our Deluxe model expects Republicans to outperform their current polling by ~2 points or so in the average Congressional race.

fivethirtyeight.comWhere Our Model Thinks The Polls Might Be BiasedWith less than two weeks until Election Day, Republicans now have a 48 percent chance of taking the Senate, according to FiveThirtyEight’s Deluxe forecast, thei…

Sheila Dang @Sheila_Dang

Heavy tweeters are people who log onto Twitter 6-7 days a week and tweet 3-4 times a week (doesn't seem like a lot). These super users have been in "absolute decline" since the pandemic began, according to Twitter's research

samir kaji @Samirkaji

The last 10 years have spoiled a lot of investors and skewed venture expectations. I've had both GPs and LPs this week casually say that 5x net is a reasonable benchmark for seed stage firms. Why is this unreasonable? Let's look at the math. 🧵

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