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Hi Friends,

Another beautiful summer weekend. I've been out and about enjoying the sun and warm ocean air, except for the devastating loss of England against Italy.   

Today's Contents:

  • Weekly Song: Eclipse
  • Good Reads
  • Community Corner

Weekly Song: Eclipse


Eclipse is the final song on The Dark Side of the Moon album by Pink Floyd. The album is a complete work of art. The songs go through the phases of life from the beginning (Breathe) to the end (Eclipse). 

Starting at the end of life can put the actions you've taken in the past and the choices you are making today in the context. There's always a place for that.

Here is an interpretation of the song I found: All actions and apparent contradictions and conflicts in life are resolved and disappear at the point of death ('the sun is eclipsed by the moon': the night falls for your brain). Even time itself disappears ('all that is now, all that is gone, all that's to come'). At this point everything melts together and you find/realize/experience that 'everything under the sun is in tune' and that all struggles were constructs of your conscious brain. 

So why Dark Side of the Moon this week?

I was reminded of this song and the theme from this award-winning short film called Two Strangers Meet Five Times. Yes, you can watch it for free right now, and I highly recommend that you do. 

Eclipse by Pink Floyd

All that you touch and all that you see
All that you taste, all you feel
And all that you love and all that you hate
All you distrust, all you save
And all that you give and all that you deal
And all that you buy, beg, borrow, or steal
And all you create and all you destroy
And all that you do and all that you say
And all that you eat and everyone you meet (Everyone you meet)
And all that you slight and everyone you fight
And all that is now and all that is gone
And all that's to come and everything under the sun is in tune
But the sun is eclipsed by the moon

Good Reads


Ontario Teachers Pension Plan is pushing $70B into private investments in the next 5 years. Periodically, I ask myself how much more capital can go into venture capital and private equity? And then I read articles like this one. Which means A LOT more. Remarkably, we may still be only at the beginning of experiencing the consequence of low interest rates on large-scale capital allocation. 

META. A new Roundhill ETF for investing in the MetaverseHere. What's the highest allocation in the index? Nvidia with 8%. 

A 2021 Nvidia valuation bubble? Here. Come for the bubble click-bait, stay for the analysis on predicted cyclicality in crypto mining and gaming that will require less graphic cards.

Redfin DeepDive. Here.

The SportsStack. A new compelling investment opportunity? Here on changing monetization models in sports.

The Future of (Ads) Privacy. By Antonio Garcia Martinez (the guy who was fired by Apple). Here with insight like this 'Like porn, advertising is the ruthlessly pragmatic (and quantitative) business willing to adopt any technology that yields a minor edge. The same way that porn pioneered online payment or video-streaming, ads will be the first industry to undertake this complete refactoring of how your data is used.'

Nextdoor SPAC filing. Deck here

Interesting chart: 



 

Community Corner

I see you, friends

Trevor Ewen was interviewed on the Develpreneur Podcast talking about how building software can be done with more configuration and less construction.

Michael Tanzer and his firm, Callaway Capital Management, launched a SPAC called Galata and is now on the hunt for an emerging market technology company. 

Thanks for reading, friends.  Please always be in touch. 

Best,
Katelyn

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