This post, by @athomasq.bsky.social, is one of the most sophisticated analyses of VC I've ever read. I agree with nearly everything he says here.
pivotal.substack.com/p/making-mar...
30.01.2025 03:14 — 👍 3 🔁 1 💬 1 📌 0
And it looks like tech is doing the same again today, 75 years after LBJ.
Fascinating how history rhymes ...
(4/4, fin)
24.12.2024 00:17 — 👍 0 🔁 0 💬 0 📌 0
Take the profits from a new industry; convert it into power; use that power to guide government. Cornelius Vanderbilt, Leland Stanford and Jay Gould did exactly the same thing 75 years before Johnson, except in their case it was railroads. (3/4)
24.12.2024 00:17 — 👍 2 🔁 0 💬 1 📌 0
This helped him break the grip of incumbent power elites (financiers, utilites and railroads, mostly HQed in the northeast). In return for their contributions, the oilmen received business-friendly policies and large government contracts, especially during WWII. (2/4)
24.12.2024 00:17 — 👍 0 🔁 0 💬 1 📌 0
Somebody has read their Robert Caro!
One of the keys to Lyndon Johnson's ascent was that he was the first politician to capture and control a major new source of campaign influence -- Texas oil and infrastructure money.
(1/4)
24.12.2024 00:16 — 👍 4 🔁 0 💬 1 📌 0
Zakir Hussain playing the tabla
Over 100 billion humans have lived and died on our planet; I will always be grateful that my time overlapped with the great Zakir Hussain. Rest in peace, maestro.
16.12.2024 03:52 — 👍 8 🔁 1 💬 1 📌 0
just setting up my blsky
30.11.2024 19:11 — 👍 5 🔁 0 💬 1 📌 0
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