Realpolitik in Tech by Maggie Xiao

A digest on recent noteworthy events in tech advancement and global capital flow

A digest on recent noteworthy events in tech advancement and global capital flow

[Social Media] Will WeChat be the next? Facebook brings on Visa, Mastercard, and PayPal as backers of its cryptocurrency, Libra. Crypto watchers got different feelings : * Bullish Billionaire crypto investorMichael Novogratz commented: “Visa serves some 50mm merchants. I’m sure MC(master card) is pretty close to that. Meditate on that.

If a cat is either black or white, we receive online ads 80% of the chance we won’t click. If a cat is super-positioned with both possibilities, things just appeared in our minds become a click away, trading at home like a quant is matter of a button to

You may be surprised to discover that in the past 10 years, overall venture capital return is zero, according to a conversation between Clayton Christensen (Innovator’s Dilemma) and Marc Andreessen (a16z) (a must see video here from StartUp Grind Conference in 2017 Redwood City). It may be even more

On the recent college admission scandal, author Michael Locke McLendon (The Psychology of Inequality) argues “the idea that some have climbed to the top through their own merit is an aristocratic ideology, not a democratic one, therefore meritocracy caused the college admissions scandal.”   In his article, Mr. McLendon referenced French