#investing

digit@iviv.hu

https://www.kiplinger.com/investing/stocks/delta-8-and-9-thco-classified-as-schedule-i-drugs-this-week-in-cannabis-investing
^ Delta-8 and -9-THCO Classified as Schedule I Drugs | Kiplinger
"The products are technically unregulated, have been blamed for one death, and have triggered over 104 adverse event reports to the Food and Drug Administration (FDA)."

#hottake :3 so the events from prohibition, cause them to act, to do more prohibition, rather than repeal the restrictions that caused the chemical workarounds (echoes of methanol a bit?).... contrast to how many deaths and adverse reactions from the jabs... are people seeing the abusive hypocrisy and inconsistency in their abusive bullshit yet?

#prohibition #hypocrisy #iregulation #deaths #fda
#cannabis #thcd8o #thcd9o #hemp #health
#jabs #investing

dredmorbius@diaspora.glasswings.com

Recession Watch: Y-Combinator's Message to Founders

Buckle up.

https://nitter.kavin.rocks/refsrc/status/1527238287471292417

OCR'd text:

4:11

Greetings YC Founders,

During this week we've done office hours with a large number of YC companies. They reached out to ask whether they should change their plans around spending, runway, hiring, and funding rounds based on the current state of public markets. What we've told them is that economic downturns often become huge opportunities for the founders who quickly change their mindset, plan ahead, and make sure their company survives.

Here are some thoughts to consider when making your plans:

  1. No one cannot predict how bad the economy will get, but things don't look good.

  2. The safe move is to plan for the worst. If the current situation is as bad as the last two economic downturns, the best way to prepare is to cut costs and extend your runway within the next 30 days. Your goal should be to get to Default Alive.[1]

  3. If you don't have the runway to reach default alive and your existing investors or new investors are willing to give you more money right now (even on the same terms as your last round) you should strongly consider taking it.

  4. Regardless of your ability to fundraise, it's your responsibility to ensure your company will survive if you cannot raise money for the next 24 months.

  5. Understand that the poor public market performance of tech companies significantly impacts VC investing. VCs will have a much harder time raising money and their LPs will expect more investment discipline.
    As a result, during economic downturns even the top tier VC funds with a lot of money slow down their deployment of capital (lesser funds often stop investing or die). This causes less competition between funds for deals which results in lower valuations, lower round sizes, and many fewer deals completed. In these situations, investors also reserve more capital to backstop their best performing companies, which further reduces the number of new financings.

This slow down will have a disproportionate impact on international companies, asset heavy companies, low margin companies, hardtech, and other companies with high burn long time to revenue.

Note that the numbers of meetings investors take don't decrease in proportion to the reduction in total investment. It's easy to be fooled into thinking a fund is actively investing when it is not.

  1. For those of you who have started your company within the last 5 years, question what you believe to be the normal fundraising environment. Your fundraising experience was most likely not normal and future fundraises will be much more difficult.

  2. If you are post Series A and pre-product market fit,[2] don't expect another round to happen at all until you have obviously hit product market fit. The Series A Milestones[3] we publish here might even turn out to be a bit too low.

  3. If your plan is to raise money in the next 6-12 months, you might be raising at the peak of the downturn. Remember that your chances of success are extremely low even if your company is doing well. We recommend you change your plan.

  4. Remember, that many of your competitors will not plan well, maintain high burn, and only figure out they are screwed when they try to raise their next round. You can often pick up significant market share in an economic downturn by just staying alive.

  5. For more thoughts watch this video we've created: Save Your Startup during an Economic Downturn.[4]

Best,

YC

HN discussion: https://news.ycombinator.com/item?id=31435407


Notes:

Presumed links (I do not have a copy of the original message). See also https://news.ycombinator.com/item?id=31436244

  1. Default Alive: http://www.paulgraham.com/aord.html

  2. Pre-product market fit: See: https://www.ycombinator.com/blog/ycs-essential-startup-advice/ "do things that don’t scale: remain small/nimble"

  3. Series A Milestones: Presumably private resource.

  4. Save Your Startup during an Economic Downturn: https://yewtu.be/watch?v=0OVSTWozvfY?vq=hd720

#Ycombinator #Startups #Recession #Investing #Economy

opensciencedaily@diasp.org

$2.6 Billion Committed to New Solar Projects in Texas, California


A company that invests in clean energy projects to serve customers interested in low-carbon sources of electricity announced it has closed eight separate deals, representing a total of $2.6 billion in financing commitments for construction and operation of six late-stage solar energy projects with 2.2 GW of generation capacity in California and Texas.
https://www.powermag.com/2-6-billion-committed-to-new-solar-projects-in-texas-california/
#clean, #california, #investing, #financing, #intersect, #solar, #energy, #power, #texas


florida_ted@diasp.org

Good news for St. Pete area real estate sales...

Cathie Wood commented: "We are thrilled to relocate our corporate headquarters to St. Petersburg, Florida, as we believe the Tampa Bay region's talent, innovative spirit, and quality of life will accelerate our growth initiatives."

#ARK #investing #HQ #tech #entrepreneurs #innovation #Florida #St-Petersburg

https://www.zerohedge.com/markets/cathie-wood-moving-florida-and-opening-tech-incubator-called-ark-innovation-center

thejournalist@diaspora.psyco.fr
ncarvin@pluspora.com

The Black Hole Engulfing the World's Bond Markets: Bloomberg

There’s a multitrillion-dollar black hole growing at the heart of the world’s financial markets. Negative-yielding debt -- bonds worth less, not more, if held to maturity -- is spreading to more corners of the bond universe, destroying potential returns for investors and turning the system as we know it on its head. Now that it looks like sub-zero bonds are here to stay, there’s even more hand-wringing about the effects for mom-and-pop savers, pensioners, investors, buyout firms and governments.

#bonds #finance #economics #business #investing

The Black Hole Engulfing the World's Bond Markets