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London, United Kingdom
Joined October 2017
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Liam Roberts retweeted
Come and work with me. Constant danger, safe return doubtful.
Vaire Computing is hiring a Interim Chief of Staff, Part-time in San Francisco wellfound.com/l/2Add7w
Another great thematic summary of the year that was in 2023 from @Sam__Cash. The interplay of technology, geopolitics, and defence is something that is becoming more and more of a consideration every single day.
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Pro-tip for folks hiring and keen not to miss a superstar:
1. Start with and be clear about the problems you are hoping this role will solve
2. Let candidates describe their experience with reference to these problems
3. Collaboratively work through the resolution of an example high-level problem, with reference to lessons from their past experience
You are almost guaranteed to get a better understanding of:
1. What elements of previous company cultures will the candidate bring to the org
2. Where did they learn what good looks like
3. What values do they tend to optimise for
4. Will they solve problems in a way that is aligned with the goals of the company
What not to do:
Do not ask a candidate about their experience and hope that they magically say everything that perfectly addresses the problems you hope the role will solve for (which you have not given them the context of).
In this instance, you are not hiring the best candidate: you are ultimately hiring the first candidate to accidentally crack the code with zero context (i.e. chance).
Immediate reaction is children lightly scarred by providing decades of miscellaneous tech support to their own parents are not lining up to provide fintech tech support to hundreds of thousands of other people’s parents.
How this problem can be expressed through product is actually quite sweet, it just requires love and patience.
Other thing to mention is just how important managing for the long tail is when it comes to ensuring inequality is not further worsened by mismanaging the generational transfer of wealth. For so many families the boomers’ asset base is the only capital asset the entire family has. Of course, there are opportunities for the boomer equivalent of fintech’s HENRYs but there are also many folks who need access to more basic products and services.
0-to-1 is honestly all about how quickly you can fail, get back up, fail again, get back up, fail again, get back up -> cycle n-times before -> win, double down, win some more.
I am a simple man: all I want to do is build the Allied Defence Bank.
All of the good things about SVB (i.e. understanding the requirements of the customer and experience) without the propensity for meltdown.
It’s fun to clown on ESG but it’s more fun to solve the problem.
Another great post from @Sam__Cash - this time looking at Robotics and Manufacturing in 2023.
realtechnews.substack.com/p/…
Three things to remember when forming opinions in tech (esp. highly regulated tech):
1. Hype <> reality
2. Policy <> reality
3. Funds raised <> reality
Liam Roberts retweeted
It’s a start… a very, very small one but it’s a start. The amount of €175m is minuscule and is made up of €100m from the EDF, so a small amount that hopes to leverage €500m in private investment. Now that logic of the EIB being part of defence is there, we need much more!
🆕 The European Commission and @EIF_EU are boosting investment in defense innovation through the new Defence Equity Facility 🇪🇺 We aim to mobilise up €500 million in #VC and #PE funding for innovative European #technology companies in this sector: bit.ly/eif-defense-equity
There are whole industries (i.e. important but not in fashion) which have NO future generation of sales folks and account executives. In addition, COVID / remote work decimated the chance for a next generation to receive the mentoring they need to be successful.
Payments, currencies, and rails are the networks of competition: fintech continues to be relevant.
"It is, therefore, impossible for the US to ‘contain’ China, and similarly, Beijing cannot hope to establish a bloc of client states beyond the reach of Washington’s influence. So rather than a zero-sum contest to control territory, the US and China seek to establish centrality in networks through which they can project geopolitical and geoeconomic power. In practice, this is done through a range of strategies, such as (1) establishing rules of the game that determine how networks are integrated, who can participate in them and enforcing compliance, (2) restructuring networks, or, in limited cases, (3) building alternative competing networks.
Controlling flows of capital, commodities, money, labour power, knowledge, data, technical standards and the like has always been a strategy of geopolitical power projection, but these tasks have taken on a strategic urgency given the network-based structure of the contemporary world capitalist economy. Indeed, as a result of global financial integration, the transnationalisation of manufacturing activities, the increasing complexity of the international division of labour, and development at the technology and productivity frontier, the world economy has become increasingly organised as a set of highly structured networks spanning territorial borders."