Ex-Qualcomm Ventures. Angel in @Citymapper, @Monzo, @UPSIDEFoods

Joined March 2007
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X is flooded with "I shipped this app in 12 minutes". I wanted to see if it was real or hype. Six weeks later, with zero skills as a developer, I have an app on the App Store. Let's recap 🧵
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I spotted Space X IPO gift cards at Walmart today
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VCs only want one thing and it’s disgusting: Monopoly businesses.
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The more I travel, the more I realize the real debate is American toilet paper vs European sandpaper
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Behind every successful man, there’s a history of smiling and dialing
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The UK keeps exploring the Laffer Curve in real time 🍿🥤
Wes Streeting has this morning set out his tax plans - specifically bringing capital gains tax into line with income tax He says that the current system is unfair because it penalises work Higher or additional rate taxpayers will pay 24% on gains in the current financial year. Streeting said that the rates should mirror income tax bands - so 40% for higher rate taxpayers and 45% for additional rate taxpayers He says that the approach could raise £12billion a year Streeting said: “A member of my family is a cleaner in Lancashire. She pays a higher tax rate on her salary than her landlord pays for the growing value of the home she lives in. She slogs her guts out, he puts in far less effort, yet the state rewards him more than her. And we wonder why people are angry. “The system is penalising work. It’s not fair and it’s bad for our economy. We need a wealth tax that works. A pound made from simply owning assets should not be taxed less than a pound made from a hard day's work. We can do it in a way that is pro-growth, pro-entrepreneur and pro-work.”
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The US VC space:
What investors first paid per share for Cerebras, closed at $311 today: A: $0.85 ... @ericvishria/@benchmark , @vassallo/@FoundationCap, Pierre Lamond*/@EclipseVentures, also angels including @sama, @adamdangelo B: $2.75 ... @coatue_thomas/@coatuemgmt C: $8.95 ... @altcap, @atamas / Vy Capital *did the deal when he was ~85
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Dear Valued Customer, We spy on you ✨ Hugs, Samsung
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less is more.
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My 40s were wildly insightful. At some point you start marching to the beat of your own drummer.
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Price’s Law 100% applies to venture capital. @seedcamp, @AngelList and @ycombinator are living proof open.substack.com/pub/kaguur…

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Employee of the Month award goes to @claudeai: "Marketing skill loaded. Ready to work."
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I take that back. Claude completely ignored the skill and did it's own thing instead: "You're right — I ignored the dead-zone rules in the style guide. Top headline (110px) is in the search-bar dead zone, footer (1760px) is buried under the caption/CTA, and the 85% stamp on the right gets clipped by the engagement rail. Rebuilding to the spec: safe zone 300-1300px, text away from the right rail.
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Haters are just confused fans
Nobody tells you this: No matter how you choose to live, people will tell you that you’re doing it wrong. Wrong priorities. Wrong work. Wrong relationships. Wrong whatever. Your entire life will change the moment you learn to smile, nod, and ignore every single one of them.
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💯
Major cheat code for life: Believe that things will work out for you. Not blindly, but through effort. When you expect good things and pair it with action, you start noticing opportunities others miss. Optimism paired with effort is a powerful force.
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If “reality” is a simulation, this is probably how it works. Being served up, in real time, in response to requests for more detail. Cool stuff.
Imagine every pixel on your screen, streamed live directly from a model. No HTML, no layout engine, no code. Just exactly what you want to see. @eddiejiao_obj, @drewocarr and I built a prototype to see how this could actually work, and set out to make it real. We're calling it Flipbook. (1/5)
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Mississippi in the news a lot the last few days
The companies you know are already here. From aerospace and automotive to energy and advanced manufacturing, global leaders are choosing Mississippi to scale, operate and compete. Companies like @xai, @amazon, GE Aerospace, @Nissan, @Toyota, Northrop Grumman, @RollsRoyce, @Siemens_Energy and others are building and expanding in Mississippi because the fundamentals are in place. Sites are ready. Infrastructure is proven. Workforce is aligned. Mississippi removes barriers so companies can move faster and operate with confidence. These companies have already made their move. Learn why at mississippi.org.
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Agree 100% - when people ask me what stocks to buy, I always recommend QQQ. What's also interesting is that *many* VCs underperform QQQ (my angel portfolio is nice but still hasn't outperformed QQQ over a 10 year time horizon!)
Here's some advice that no banker will ever give you, because no banker makes money recommending this:Just put most of your long-term money into QQQ (the Nasdaq-100 ETF) as I do, and hold it for decades.Why? Because it's simple, ultra-low cost (0.20% fee), and has delivered incredible results with almost no effort. Example: If you had invested $100,000 in QQQ on January 1, 2020 (with dividends reinvested), you would have ≈ $298,000 – $300,000 today (as of mid-April 2026). Today QQQ reached an all time high. That's nearly tripling your money in a little over 6 years.Compounded annual return (CAGR) since then: ≈ 19.8% – 20.0% per year. Even after surviving the -32.6% drawdown in 2022, the long-term compounding is powerful.If you are my follower you know that I’ve been recommending this approach for years. Another advantage is that if you buy and sell stocks, even if you do well, you pay taxes on the profits. But if you buy QQQ and hold it, QQQ trades but those trades are not taxable to you. So not only is stock picking generally worse than owning QQQ, but it is also taxed at higher rates. Lastly tell me any fund you own that has done better than QQQ, that is liquid and available to everyone and I buy you an ice cream here in Miami :) There is none as far as I know.
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I think most of that is my account. Any time I set something up in Computer it somehow costs $12.8M in tokens 🫠
PERPLEXITY ESTIMATED ANNUAL RECURRING REVENUE ROSE TO MORE THAN $450MN IN MARCH- FT
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Pretty sure @Citymapper had this 10 yrs ago. Not available UK wide though. GG Google.
Technology is at its best when it solves everyday challenges. 📱 In collaboration with @transportgovuk, we’ve started rolling out live bus tracking for Maps users across England. This update gives passengers the info they need to plan journeys with confidence and precision. ⏱️🙌 Making travel smarter, one stop at a time.
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