Dan McCormick
6,767 posts
Dan McCormick
@damccormick13
Joined December 2010
- Shopify ($42B) is now worth less than Klarna ($45B) -- one of like the 17 BNPLs that process payments primarily on Shopify🤔
- Elon Musk wasn’t a rocket scientist. Sam Altman wasn’t an AI researcher. Jeff Bezos wasn’t a bookstore owner. Mark Zuckerberg didn’t have friends. Sometimes it takes an outsider 😤
- Ever since @chamath left Facebook in 2011, the company has increased in value ~14x and added $700B of market cap. Causation or coincidence?
- Meta just announced that Susan Li, 36, will be taking over as CFO replacing longtime CFO Dave Wehner. This is another C-Suite shakeup at Meta in the last few months + another sign Zuck is shifting into wartime CEO mode. Here's what we know about Li + why this move is important.
- Mark Zuckerberg just turned 38 this month. He has, if he wants it, another 30 years of hardcore operating ahead of him. He seems to want it. I would not under estimate Meta.
- Today Facebook became the youngest company ever to hit a trillion dollar market cap. 1. Facebook (17 yrs) 2. Google (21 yrs) 3. Amazon (24 yrs) 4. Apple (42 yrs) 5. Microsoft (44 yrs) s/o Zuck & The Boys for creating the greatest money printing machine the world has ever known
- Meta just named longtime COO Sheryl Sandberg's #2 as her replacement. His name is Javier Olivan -- and if you advertise online, he just became very very important to you. Here's what we know about him 🧵
- “It’s my ‘Hit it further juice’” - Rory McIlroy explaining to Scottie Scheffler why he takes 20g of creatine per day. Full clip below
00:00 - Susquehanna Investment Group (SIG) — the options trading giant based just outside Philly — owns a ~15% stake in ByteDance. At BD’s most recent publicly available valuation of ~$300B, that stake is worth $45B. This is all off a $5M investment. 9000x return. Best investment ever?
- My girlfriend, Sienna, quit her job at Goldman in late January to sling creatine gummies with me full-time. She’s a stud, smartest person I know, and has as much skin in this game as anyone in the world. Big leap for both of us, but probably the best decision I’ve made since
- No fucking way! What a small world it is haha. Yeah let’s buy some TikTok ads, together!
