Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
For the last 24 months, Facebook has been working hard at integrating everything. Gotta love network effects. That is the type of company one should build.
I used to think that you could only talk about failure once you had succeeded. It is a frequent narrative we see as founders/investors.
As I read Nassim Taleb's Skin in the Game, I ponder about the need to have skin in the game to build something valuable, enduring, and long-lasting.
