2,517 karma · joined March 9, 2020
Mediocrity will never not exist, and you unlock a lot of value by optimising for it.
If I can do that typing one line at a time, I can do it _way_ faster with AI.
We are using different meanings for the same phrase. SV is the best place to raise, IF YOU CAN AND ARE WILLING TO RAISE THERE. But not everyone can, nor does everyone want to. And of the locations that are not in the US, London dominates.
And hell, Americans raise in Boston, Seattle, NYC, and so on. Not even all Americans move to SV, let alone people who may not even get a visa to enter the US.
Obviously that's just one data point, but every tech company is similar.
Not to mention location of IPO not being all that important. But that's a whole separate thing.
Plus, the FTSE 100 returned 25.8% last year. That is not a shrinking market!
EDIT: I'd prefer you not change the subject away from your capital markets claim, but to address the other links:
1. I didn't say London was a top 4 IPO location, just that it's market aren't shrinking.
2. Tech Nation still exists, and still administers that visa. I don't know why you posted a very out of date article about it.
3. It's not ideal that such a high profile company is having issues like that, but hey, stuff happens. OpenAI had a whole goddamn coup and counter-coup happen!
That doesn't seem to be true?
Between Q1/2/3, US growth has been about 1.6%.
Wait until the whole year figures come out.
Jim Beam (the bourbon distillery) said before Trump 10% of their sales were to Canada, and that has gone to nearly zero.
Assuming the person burns the money they would've spent on Cola in the first place. But they aren't, they'll probably just redirect that money to an alternative soft drink, probably a more local one.
Greenland is real hard to mine in, needs infrastructure from scratch, and nowhere near enough of a local population.