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Technology

Marc Andreessen on Evaluating Founders and AI's Consumer Surplus

This episode originally aired on The Twenty Minute VC with Harry Stebbings. Marc Andreessen explains why learning from past investment mistakes can be a trap, shares his framework for evaluating founder greatness through IQ, courage, and drive, and makes the case that venture investors should back the person over the business plan. They also discuss why AI is reconcentrating the tech industry in Silicon Valley, the concept of consumer surplus and where 99% of AI's value will actually go, and ...

United States
Geopolitics

What might the effects be of Russia staying in OPEC+ after the UAE's exit?

MOSCOW, April 29 (Reuters) - Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said on Wednesday, voicing hopes the alliance of oil producers would continue to operate amid turmoil in the global energy market. The UAE said on Tuesday it would quit the Organization of the Petroleum Exporting Countries, dealing a blow to the group as an energy crisis triggered by the Iran war has exposed rifts among Gulf nations. The UAE ​was the fourth-largest producer in OPEC+, while Russia is second, behind Saudi Arabia

Global
Politics

Amicus Brief: Khatibi v. Hawkins

This article discusses the Manhattan Institute's amicus brief in the Khatibi v. Hawkins case, highlighting key legal arguments and implications for civil rights and public policy.

United States