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VOICE ARCHIVE

Jeff Richards

@jrichlive
48 posts
2025-12-10
Maybe I'm out of touch, but have always thought of having groceries delivered as a luxury people know they are paying a premium for, not a “tax?”
2025-12-10 View on X
New York Times

Study: 193 Instacart users across four US cities saw different prices for the same items from the same store at the same time; Instacart says it's running tests

The findings are the latest example of how the notion of a single price is breaking down in the digital age, a trend economists say could be pushing up some prices.

2025-01-07
brings new meaning to “having a board member in your corner” 😊
2025-01-07 View on X
Bloomberg

Meta elects new board directors: UFC CEO and outspoken Donald Trump supporter Dana White, former Microsoft executive Charlie Songhurst, and Exor CEO John Elkann

Is a Choke Button Coming Soon? Robert McGreevy / The Daily Caller : Major Trump Ally Dana White Joins Meta's Board As Zuck Sheds Left-Wing Bias Clyde Hughes / UPI : Meta names Dana...

2024-10-31
Not many $150B+ revenue businesses growing 22% y/y 💪🏼 $MSFT “Strong execution by our sales teams and partners delivered a solid start to our fiscal year with Microsoft Cloud revenue of $38.9 billion, up 22% year-over-year” https://www.microsoft.com/...
2024-10-31 View on X
Microsoft

Microsoft reports Q1 revenue up 16% YoY to $65.6B, Microsoft 365 Commercial products and cloud services up 13%, LinkedIn up 10%, and net income up 11% to $24.7B

Microsoft Cloud Strength Drives First Quarter Results REDMOND, Wash. — October 30, 2024 — Microsoft Corp. today announced …

2024-03-22
don't call it an acquisition... https://x.com/...
2024-03-22 View on X
The Information

Source: Microsoft agreed to pay Inflection ~$650M when hiring its staff, mostly via a licensing deal that makes Inflection's models available for sale on Azure

2024-01-11
We will look at 2022 as the year employment growth at tech companies peaked. The '22/'23 “get fit” trend dovetailed right into '23 - '25 AI adoption, driving a massive increase in productivity. Upside: more profitable tech cos. Downside: less obvious + easy employment growth.
2024-01-11 View on X
Semafor

Google lays off hundreds of staff working on Assistant and says the restructuring would help improve Assistant as the company explores integrating newer AI tech

Google is laying off hundreds of people working on its voice-activated Google Assistant software and eliminating a similar number …

this is a headline every great CEO would want
2024-01-11 View on X
Bloomberg

Sources describe how AI replaced the metaverse as Mark Zuckerberg's top priority, leading Meta to ruthlessly cut jobs and focus on quickly releasing AI products

Meta's founder has become deeply engaged in his company's AI efforts ahead of its 20th anniversary, but his close attention hasn't always proved to be a recipe for success.

2023-06-30
“Increases in human intelligence make all life outcomes better for people.” Good listen / read 🎧 https://twitter.com/...
2023-06-30 View on X
Stratechery

Q&A with Marc Andreessen on “Public Intellectual Marc”, software and the physical world, his AI essay, COVID-19, Twitter, China, a16z, crypto bets, and more

2023-05-16
“To that end, I take this Google I/O as evidence that AI is in fact a sustaining technology for all of Big Tech, including Google.” https://stratechery.com/... via @stratechery
2023-05-16 View on X
Stratechery

Google's I/O 2023 suggests that AI is a sustaining innovation for Big Tech; the true fight will be between the major players' centralized models and open source

2023-03-13
Well said https://www.ft.com/...
2023-03-13 View on X
U.S. Department of the Treasury

The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …

Well said https://www.ft.com/...
2023-03-13 View on X
Financial Times

A eulogy for Silicon Valley Bank, a business partner to tech for 40 years, which offered services when established banks would not and was undone by its loyalty

Regardless of the reasons behind the bank's collapse, it leaves a huge hole for the start-up scene  —  The writer is a partner at Sequoia Capital

2023-03-01
“It is worth noting that roughly every public company (Snowflake, Shopify, Airbnb, etc) just survived a massive “down round” in the public markets - as their stocks dropped 50-90%. ... and yet these companies work just fine.” thx @eladgil https://open.substack.com/...
2023-03-01 View on X
Elad Blog

Mid-to-late stage tech startups will likely face a reckoning in late 2023 to 2024, as companies run out of cash from “free rounds” fueled by low interest rates

The coming reset in mid-to-late stage startups in 2023-2024 is at this point likely largely decoupled from interest rates and inflation.

2023-01-09
“the macroeconomic environment, honestly, is being used as a mechanism to say: Is prioritization being done appropriately?” https://www.wsj.com/...
2023-01-09 View on X
Wall Street Journal

An interview with Adobe CEO Shantanu Narayen, in the role since 2007, on acquiring Figma for $20B, the state of the industry, hybrid work, longevity, and more

For all the turmoil in the technology industry in 2022, Adobe Inc. ADBE 1.31%increase; green up pointing triangle Chief Executive Shantanu Narayen …

2022-08-30
love it when the good people win ❤️https://www.forbes.com/ ...
2022-08-30 View on X
Forbes

Y Combinator names Garry Tan as its next president, replacing Geoff Ralston in January 2023; Tan will step away from his role at his firm Initialized Capital

YC gave me my start, and I'm deeply grateful to the community. https://www.forbes.com/... @initialized : News alert: Congratulations to @jenhwolf & @brettdg, our new managing partn...

2022-07-21
Secondaries have long been a dark art, so this subject wasn't often discussed publicly. But - the best founders/CEOs have always been inclusive + rewarded their team when they sold shares themselves. 🤞 https://www.theinformation.com/ ...
2022-07-21 View on X
The Information

Memo: Dan Wright, CEO of enterprise AI startup DataRobot, resigned after less than 1.5 years, following employee uproar over stock sales by senior executives

Kevin McLaughlin / The Information : Tweets: @cailen , @jrichlive , @theinformation , @jessicalessin , @jessicalessin , and @amir Tweets: @cailen : “he and other senior executives...

2022-07-04
Jim Chanos reconsidering his data center short bet https://twitter.com/... https://twitter.com/...
2022-07-04 View on X
The Information

Sources: 24+ Azure data centers around the world are operating at limited server capacity; source: capacity for at least six could stay limited until early 2023

2022-05-08
Lot of pundits making fun of this. But perhaps worth noting this guy built two of the most iconic companies of our generation. And everyone doubted him along the way. No $ interest here, just looking forward to seeing him prove everyone wrong...again. 😊 https://twitter.com/...
2022-05-08 View on X
New York Times

Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more

2022-05-07
Lot of pundits making fun of this. But perhaps worth noting this guy built two of the most iconic companies of our generation. And everyone doubted him along the way. No $ interest here, just looking forward to seeing him prove everyone wrong...again. 😊 https://twitter.com/...
2022-05-07 View on X
New York Times

Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more

Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.

2022-04-10
People are mocking this, but it's a good question. I'd bet <10% of my friends who aren't “in tech” use Twitter regularly, and I don't think that % has increased in the last 2-3 years. https://twitter.com/...
2022-04-10 View on X
Axios

Elon Musk tweets that all Twitter Blue subscribers “should get an authentication checkmark” and suggests the service should be ad-free with a lower price

Elon Musk suggested in a series of tweets Saturday night changes to the premium Twitter Blue service …

2022-01-21
Great article about a phenomenal investor and terrific leader. Thx ⁦@EricNewcomer⁩ 😊 https://www.newcomer.co/...
2022-01-21 View on X
Newcomer

Profile of Hemant Taneja, who became the sole managing partner of General Catalyst in 2021, as the firm raises a seed, venture, and growth fund totaling $4.6B

2021-12-23
Alt headline “When your software company is growing like crazy and cash flow positive, you can raise 💰 however the f'*k you want.” Great story by ⁦@alexrkonrad⁩ https://www.forbes.com/...
2021-12-23 View on X
Forbes

Retool, a low-code tool for creating enterprise apps, raises a $20M Series C from Stripe's founders and others at a $1.85B pre-money valuation

whether it's internet infrastructure tools or fundraising announcements like this one. Lets you focus on what matters for customers and employees, usually with a much longer time h...